The Corner

State of the States

I’m getting e-mails from all over. It’s not just New York. Maryland? “Everyone knows the state is busted, but they have kicked the can down the road until after the election.” Illinois? “You can (not quite) double your statements for IL. The thieves here have us $13 Billion in the hole.” California? Don’t ask.

The Upper Midwest is looking pretty good right now. Is the Bureau of Land Management hiring?

I hang out with financial types every chance I get. For months they’ve all been telling me the same thing. Précis: “The feds will try everything. They’ll raise taxes, issue bonds, cook the books — everything they can think of, except of course downsizing. Then, when none of it works any more, they’ll just print the [expletive] money.”

Too bad states don’t have that option.

Okay, mid-afternoon break. I’m going to switch off for a few minutes & just watch the debt clock. Very soothing.

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

Most Popular

Film & TV

A Film for All Christians

‘The growing good of the world is partly dependent on unhistoric acts,” wrote George Eliot in Middlemarch, “and that things are not so ill with you and me as they might have been, is half owing to the number who lived faithfully a hidden life, and rest in unvisited tombs.” The passage provides the title ... Read More
Film & TV

A Film for All Christians

‘The growing good of the world is partly dependent on unhistoric acts,” wrote George Eliot in Middlemarch, “and that things are not so ill with you and me as they might have been, is half owing to the number who lived faithfully a hidden life, and rest in unvisited tombs.” The passage provides the title ... Read More
Law & the Courts

The FBI’s Corrupt Cops

White-collar criminals should hope for one thing this Christmas: that they get to live under the Horowitz rules. Michael Horowitz has testified that he found no evidence of political bias on the part of the decision makers who, under the Obama administration, relied on hilariously implausible “evidence” ... Read More
Law & the Courts

The FBI’s Corrupt Cops

White-collar criminals should hope for one thing this Christmas: that they get to live under the Horowitz rules. Michael Horowitz has testified that he found no evidence of political bias on the part of the decision makers who, under the Obama administration, relied on hilariously implausible “evidence” ... Read More