Public Employee Pension Bailouts
Rep. Devin Nunes challenges transparency on the enormous public employee pension pyramid scheme.
posted by Larry at 1/03/2011 08:10:00 PM
Monday, January 03, 2011
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"In the Federalist Papers, Madison observed famously that government was necessary because men were not
angels and that controls on government were necessary because those who governed were not angels.
Had Madison commented on socialism, he might have come up with an analogous parodox: if men were angels
then an economy might succeed without selfish incentives, but if men were angels it would not matter
whether the economy succeeded since they would have no material
needs." -- "The Rise and Fall of Socialism," by Joshua Muravchik
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***"When we are planning for posterity, we ought to remember that virtue is not hereditary." Thomas Paine, Common Sense, 1776
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