Or not. Most politicians are too venal to see what is going on with themselves, given what rewards they have lavished on them. No time to reflect, no need to reflect. Luxury is a corrupting as poverty. The politicians who lost out to tea party people will go on to bigger and better luxuries.
The one key non-negotiable factor in the hamiltonian state is warfare. These "tea party" people talk smaller government, less regulation, anti-bailout... except they are pro-war. It is axiomatic: pro-war is big government, and all the detriments that go with it.
When it comes time to covert pension obligations and pensions into government obligations, by selling government bonds to pensioners, that is to require pensions to be in govt bonds, these teaparty people will do the "right thing."
Revolutions only make things worse.
Thursday, September 16, 2010
Election Upset!
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