A little light reading for your Thanksgiving break (note: sarcasm on the “light” part. But definitely worth reading).
Communist Christmas
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I cannot find any authority in the Constitution for making the Federal Government the great almoner of public charity throughout the United States. To do so would, in my judgment, be contrary to the letter and spirit of the Constitution and subversive of the whole theory upon which the Union of these States is founded.
President Franklin Pierce in an 1854 veto. (via hipsterlibertarian)
(Source: hipsterlibertarian, via sovietology)
Impending US Finance Reform
Sentimentalist journalism or not, this line is scary:
“The bill would create a consumer protection agency and give the US government the power to dismantle large, troubled financial firms.“
Even if they’re troubled, the government having that power sounds dangerous.
Republican Senate Minority Leader Mirch McConnell said “what we need to do is make it virtually, if not impossible, to be too big to fail.”
Economic Consequences Of Americas Morality Police via potpotato.com
Posted by Joshua Morgan, Editor-In-Chief
