Morning Dose of "Cynicism"

>> Tuesday, May 12, 2009

This should scare the tar out of you... the government will have to borrow nearly 50 cents for every dollar it spends this year.

Borrowing implies that it will one day be paid back. With interest. Actually, it has to be paid off. Much of that debt is owned by foreign governments. That debt will have to be repaid. Some of the debt is held by Americans, and the government can easily just ignore that. After all, the government owns us. We work at the pleasure and for the pleasure of the political class. Whatever wealth we produce, they own. In their infinite wisdom they'll allow you to keep just enough of your wealth to encourage you to keep working so that you can keep funding them. It will be the same for your children and your grandchildren. There's a huge multi-trillion debt to be paid... thank goodness the government has the assets to cover that debt. Your children.

Neil Boortz,
May 12, 2009

And from a George Will piece...

In "Democracy in America," Alexis de Tocqueville anticipated people being governed by "an immense, tutelary power" determined to take "sole charge of assuring their enjoyment and of watching over their fate." It would be a power "absolute, attentive to detail, regular, provident and gentle," aiming for our happiness but wanting "to be the only agent and the sole arbiter of that happiness." It would, Tocqueville said, provide people security, anticipate their needs, direct their industries and divide their inheritances. It would envelop society in "a network of petty regulations -- complicated, minute and uniform." But softly: "It does not break wills; it softens them, bends them, and directs them" until people resemble "a herd of timid and industrious animals, of which the government is the shepherd."

By the way, George Will's column, Upside-Down Economy, is a good, if disheartening, read.


christopherwitt May 12, 2009 at 12:03 PM  
This comment has been removed by a blog administrator.
Feodor May 12, 2009 at 2:41 PM  

Thus the boys of American Descent hath reaped what they sow.

Marshall Art May 12, 2009 at 3:45 PM  

Hey Chris! You seem sincere, but I'm afraid that in your own way, you're every bit the wackjob that Feodor is.

Feodor May 12, 2009 at 3:56 PM  

Hey he's yours, not mine.

Since you've named it, you've got to claim it.

BenT - the unbeliever,  May 12, 2009 at 5:01 PM  

Hey! I hadn't finished reading that.

Brad & Chris May 12, 2009 at 5:06 PM  

If you really want to read it, I'll email it to you.

(pay no attention to the moniker... it's ELAshley. I'm setting up a blog demonstration for the TV station.)

christopherwitt May 12, 2009 at 8:08 PM  
This comment has been removed by a blog administrator.
Brad & Chris May 12, 2009 at 9:30 PM  

Please, let's leave Sun Myung Moon out of this discussion.

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