The incomparable Walter Russell Mead, writing in the American Interest, offered a glimpse into the coming dystopia: "Things are getting worse in San Bernardino. The city filed for bankruptcy earlier this year, but its financial situation has continued to deteriorate. And now with what promises to be a heated court battle over payments to the state pension fund in the offing, further cuts are likely.
This is not only good news, it's excellent news. Half the EU budget is dedicated to a preposterous system of crop supports as noted in my post Common Agricultural Idiocy.
Anders Borg, Sweden's finance minister, has warned it is 'probable' that Greece will leave the common currency.
An example of what happens when governments' goal is to increase the dependent class.
Four years ago, Barack Obama chose to use ten, grandiose, Greek columns as the backdrop for his speech at the 2008 Democratic National Convention in Denver. The staging was a rather clumsy effort to substitute showmanship and theatre to help disguise Mr. Obama’s hostility towards American enterprise.
For those of us who like to believe that human beings are rational, trying to explain what happens in politics can be a real challenge.
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