How close are we to the iron laws of economic correction? Very. When the money runs out and the squeezed taxpayer has no more juice, then we either change or begin to resemble Third-World countries where everyone works for the government; nothing gets done; no one is accountable; the wealthy hide income and live in guarded seclusion; the bemedaled thug in sunglasses promises the turba bread and circuses from the balconey, and the middle class turns to drink—and dreams of once-upon-a-time California.
Fervent meditation of the Word of God in Holy Bible, vignette of my life, my family - immediate and extended, my nation - of birth and natural choice, deciphering Adam Smith's economic philosophy for prosperity and peace for all Filipinos - living in USA and Philippines.
Wednesday, December 03, 2008
VDH on the future of his beloved California...
from pajamasmedia.com
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Filipino style
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