Democratic Dialog

The following poem was entered into the Congressional Record in 1949 by Representative Clarence J. Brown (R - Ohio). He described the author only as "a prominent Democrat of the State of Georgia"

Democratic Dialog

Father, must I got to work?
No, my lucky son.
We're living now on Easy Street
On dough from Washington

We've left it up to Uncle Sam
So don't get exercised
Nobody has to give a damn -
We've all been subsidized

But if Sam treats us all so well
and feeds us milk and honey,
Please, daddy, tell me what the hell
He's going to use for money.

Don't worry bub, there's not a hitch
In this here noble plan -
He simply soaks the filthy rich
And helps the common man.

But, father, won't there come a time
When they run out of cash
And we have left them not a dime
When things will go to smash?

My faith in you is shrinking, son,
You nosy little brat;
You do too much thinking, son,
To be a Democrat.

Colonel Jeff Cooper's Rules for Life

Understand the problem. Pull your weight.
Appreciate!
Be completely honest and trustworthy in all things.

Cracks in China's economy?

Saw this:

One of the world’s few remaining real estate bubbles finally seems to be losing air. Real estate transactions have slowed so quickly that in the last two weeks, brokerages across China have laid off thousands of brokers and closed hundreds of offices.

So Europe is basically broke and fighting over who will pay for what. America is broke, with the Fed having to buy up treasury bonds because nobody else will. China is an export-based economy selling basically to America and Europe, but has also been artificially tinkering with their monetary value. I think China has a lot of room to grow, but that their command economy has let them to seriously misallocate resources. Is the faltering of their real estate market the first sign of worse to come?