The Corner

The Blossom Is Blighted

Next up in the “Too Big To Fail” bail-a-thon: New York State.

Gov. Paterson said yesterday the feds have to help bail out cash-starved New York to help plug the more than $9 billion budget gap facing the state.

“We are struggling for survival to close this budget deficit,” Paterson said during a town-hall meeting in White Plains, his second budget-focused event in the past week.

He added: “There is going to have to be federal relief here.”

If the citizens of the other 49 states fall for this, they are bigger fools than I take them for. New York’s state government is a nest of thieves. Our moronic state electorate signed on willingly and gleefully to the government’s offer to let us trade in our one-dollar bills for fives. Now that the whole stinking Ponzi scheme is collapsing, the Albany crooks are calling on folk in Oregon, Tennessee, and North Dakota to help keep it going.

Pay no attention, America. New York deserves whatever is coming to it.

As the Empire State tips up preparatory to sliding beneath the waves, its funnels toppling and furniture crashing into the walls, watch and learn. It would of course be wrong of you to take pleasure in the coming catastrophe; but you may, with a clear conscience, take instruction.

“My other piece of advice, Copperfield,” said Mr. Micawber, “you know. Annual income twenty pounds, annual expenditure nineteen nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery. The blossom is blighted, the leaf is withered, the God of day goes down upon the dreary scene, and — and in short you are for ever floored.”

John Derbyshire — Mr. Derbyshire is a former contributing editor of National Review.

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