31 August 2009

Limited Government

A "limited government" is a contradiction. Either it is limited (in which case, the entity doing the limiting is sovereign), or it is government. It cannot be both.
John Sampson on Limited Government.

27 August 2009

Gospel or State

The long history of Christendom is astonishingly plentiful in magnificent moral, intellectual, and cultural achievements... But it has also been the history of a constant struggle between the power of a the gospel to alter and shape society and the power of the state to absorb every useful institution into itself.
David Bentley Hart, a historian of ideas, in Atheist Delusions: The Christian Revolution and Its Fashionable Enemies

04 August 2009

Paper Money

Daniel Webster said,
We are in danger of being overwhelmed with irredeemable paper, mere paper, representing not gold nor silver; no sir, representing nothing but broken promises, bad faith, bankrupt corporations, cheated creditors and a ruined people.

Of all contrivances for cheating the laboring classes of mankind, none has been more effective than that which deludes them with paper money.
and quantitative easing.