Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Normal
I was referring to the oligarchy, not corruption. However, it does seems to me most liberals are ignorant of the ramifications of the fiscal crisis.A very impressive article, except for the last couple of paragraphs. Like any radical change, what are the hidden consequences? He glibly says, “let the chips fall where they may”. Maybe Rothbard covers it elsewhere, but it seems tongue-in-cheek to sell CIA Langly for condos in a government garage sale.I think a safer approach (remember I'm a fiscal conservative) would be to construct a budget and tax system such that revenue always exceeds spending by X% and gradually reduce the debt. That would show the world that the US is moving in the right direction and give more confidence in the dollar. Meanwhile the US has a large debt, but it would eventually disappear. Yes I know: that approach would be very difficult in today's political clime. But it would be necessary whether we had a garage sale or not and it would be more palatable to politicians than a gov. garage sale.
I was referring to the oligarchy, not corruption. However, it does seems to me most liberals are ignorant of the ramifications of the fiscal crisis.
A very impressive article, except for the last couple of paragraphs. Like any radical change, what are the hidden consequences? He glibly says, “let the chips fall where they may”. Maybe Rothbard covers it elsewhere, but it seems tongue-in-cheek to sell CIA Langly for condos in a government garage sale.
I think a safer approach (remember I'm a fiscal conservative) would be to construct a budget and tax system such that revenue always exceeds spending by X% and gradually reduce the debt. That would show the world that the US is moving in the right direction and give more confidence in the dollar. Meanwhile the US has a large debt, but it would eventually disappear. Yes I know: that approach would be very difficult in today's political clime. But it would be necessary whether we had a garage sale or not and it would be more palatable to politicians than a gov. garage sale.
