"Modern society has pronounced its ethical condemnation of racism, but in the long run has met with little more success than in religion and in its condemnation of sex and aggression. It is time to recognize clearly that race-consciousness is a natural tendency, with which our socio-political life must come to terms. One way is to avoid too great a diversity within a politically organized society." - Raymond B. Cattell

Bankrupting the Country

Published
by
Kevin Alfred Strom
on May 28, 2009
in Marginalia
. Closed Tags: , , , , , .

Dollars Falling from the Sky

BANKRUPTING THE COUNTRY?: Many economists these days are expressing fears that the “stimulus” program and spending sprees of the regime in Washington could lead to severe inflation, “bankrupting the country.” They make a good case, but it’s a little confusing when they refer to bankrupting the country when really they’re referring to bankrupting the government. Bankrupting (and eventually totally discrediting) the government is certainly very bad for the government — but it might end up being very good indeed for the nation that throws off such government.

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