Jimmy Madison-
Public opinion sets the bounds to every government, and is the real sovereign in every free one.
If this spirit shall ever be so far debased to tolerate a law not obligatory on the legislature, as well as on the people, the people will be prepared to tolerate anything but liberty.
You are aware that the modern "Federalist Society" is looked upon as a neo-subsersive organization only a half step above the John Birch Society and the Klan, don't you?
Quoting actual, original Federalist documents in their proper context may become forbidden or restricted under future updates of the ill-named Patriot Act.
Posted by Roderick Reilly at March 25, 2009 9:25 AMMark Twain was correct. No person's well being or wealth is safe as long as Congress is in session.
This bill of attainder is the heigth of hypocrisy and as shameful as anything I've seen in 76 years.
Posted by Jimmy J. at March 25, 2009 9:57 PMSomeone else, somewhere, said this much better than I could have managed:
If AIG had gone bankrupt as it should have been allowed to, then employee bonuses would have been whatever they could get out of the stationery cupboard on the way out of the door. The fact that their insurance business is important is irrelevant; that part of the company was salvageable and would have been salvaged, and in any case the insolvency administrator would have kept it going while a buyer was found.
Bonuses being given to employees of a failed company given nine-figure amounts of taxpayers' money is wrong. Just plain wrong. AIG should no longer exist, and in such a case the bonuses would not have been paid and the issue wouldn't have arisen.
On a somewhat related note, one way of stabilising a country's economy might be quite simple; make short-selling illegal. In any other walk of life, selling something you don't own gets you jail time, not profit - and the very existence of short selling as a practice makes the market more unstable.
It ought to be more profitable to make things or provide a useful service than to shuffle money from one pile to another. It isn't; which is one of the many reasons why all Western countries have a dire shortage of engineers and scientists.
Posted by Fletcher Christian at March 26, 2009 6:20 AMIs it fine to put part of this in my web site if I submit a reference to this website?
Posted by herve leger skirt rihanna at February 19, 2013 4:05 PM