"Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens."
Many in the media are saying how unusual it is for our economy to be so sluggish for so long, after we have officially emerged from a recession. In a sense, they are right. But, in another sense, they are profoundly wrong.
The August recess was a habit from back-in-the-day because at one time our U.S. Capitol didn't have the benefit of air conditioning. The Senate and House chambers are already full of hot air without Mother Nature adding to the problem.
MADISON, Wis. -- The residues of liberalism's Wisconsin Woodstock -- 1960s radicalism redux: operatic lamentations, theatrical demonstrations and electoral futilities -- are words of plaintive defiance painted on sidewalks around the state Capitol.