business-depreciation allowances to spur corporate investment. But the political probabilities for another round of tax cuts are presently slim to none. As we know, leading Democrats like Tom Daschle and Richard Gephardt are calling for tax increases. Think of it, Herbert Hoover goes Democrat. But the real obstacle to additional tax cuts is the congressional budget accounting which has bi-partisan support in favor of maintaining large budget surpluses during the recession. No self-respecting Keynesian would sign-on to this economic gobbledygook, much less a supply-side activist. All budget surpluses should be returned to the economy as personal and business tax cuts. But it won’t happen any time soon.So the last great hope is indeed Terminator III Greenspan. Right now, the Fed is the only game in town. Arnold Schwarzeneger would be ready for some bold outside-the-box move (like a reverse-gainer flip into a two-armed UZI bullet storm). But will Alan Greenspan?[标签:标题]
Marie-Antoinette didn’t actually say “Let them eat cake!” In fact, she actually worked pretty hard to feed the poor. The legend comes from Rousseau’s Confessions, where he wrote that a “Great princess” had declared “Qu’ils mangent de la brioche” while the people were starving. Unfortunately “Qu’ils mangent de la brioche” doesn’t mean “Let them eat cake!” either. It means, more or less, “Let them eat [expensive] buns.” And, it should be pointed out, Confessions was written in 1768, two years before Marie-Antoinette moved to France. Assuming Rousseau didn’t just make it up, he was probably referring to Queen Marie-Therese. Advertisement And, in any event, http://www.cheapvansshoessales.com - vans sk8 , this was not the aloof and snobby statement people think it is. France had the bakery equivalent of the Northeast Dairy Compact at the time (and still does), which required bakers to sell expensive loaves of bread at the same price as the cheap ones if they ran out of the cheap bread (itself sold at an artificially low price). This crazy law, along with others of its kind, was essentially a liberal social reform designed to combat the profiteering habits of what Paul Begala would have called “Big Bread,” a la “Big Tobacco,” “Big Oil,” “Big This, http://www.cheapvansshoessales.com - vans uk shoes ,” and even from time to time, “Big That.” When Marie-Therese declared “Qu’ils mangent de la brioche,” she was demanding that the “profiteering” bakers should follow the law and feed the people the more expensive bread, or buns — even though the ultimate result would have been to crush the bakeries financially, and hence make starvation even worse. In short, she was trying to get government to turn the screws on the bakeries, even though such regulations had helped create food shortages in the first place. What did Marie care about the effect regulation had on the market? She got her own bread when and how she wanted it, and, economics be damned, the poor people should have it thus too. So, while “Let them eat cake” has come to symbolize how rich liberals think rich conservatives see the world, it actually signifies how rich liberals screw things up by creating “compassionate” schemes that only make things worse for the poor. It even holds true to the modern tendency of liberals to distort, spin, http://www.vansshoescheape.com - hello kitty vans shoes , and most of all blame the heartlessness of conservatives for all of the poor’s problems. So what was actually an example of well-intentioned liberal gitchy-gooeyness on the part of Marie-Therese became, in Carvillian fashion, a slander against Marie-Antoinette as a heartless and cruel conservative. Despite the fact that Antoinette was a kind and generous woman, the French Revolutionaries dubbed her the “Austrian Whore” and “Madame Deficit” for all time, because it was good for the cause. I got to thinking about all of this when I stumbled on an article explaining that Jennifer Lopez won’t allow anyone to photograph her elbows. Stick with me.I’ve long been of the opinion that celebrities, specifically movie stars, behave and, more importantly, think like old European royalty. B
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