Merging the topics of my previous two posts, here’s a classic Sarbanes Banking Committee moment, as recounted by Bill Bradford in 1997:
[Alan] Greenspan … recommended to a Senate committee that economic regulations all should be sunsetted. Senator Paul Sarbanes accused him of “playing with fire, or indeed throwing gasoline on the fire,” and asked him whether he favored a sunset provision in the authorization of the Fed.
Greenspan coolly answered that he did. Do you actually mean, demanded the senator, that the Fed “should cease to function unless affirmatively continued”? “That is correct, sir,” Greenspan responded. “All right,” the senator came back. “The Defense Department?” “Yes.”
The Senator could scarcely believe his ears.
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?