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The problem is that borrowing money to pay back more borrowed money that will oblige you in the future to borrow even more money doesn't sound kosher. Because it isn't.

John Podhoretz

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John Podhoretz
Age: 63
Born: 1961
Born: April 18
Author
Journalist
Pundit
Writer
New York City
New York
Problem
Borrowing
Back
Borrow
Even
Borrowed
Pay
Future
Sound
Doesn
Kosher
Money
Oblige

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I was wholeheartedly attracted to the conservative atmosphere that permeated the city of Washington.
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As a matter of policy, increasing taxes on the most economically productive group, which already generates 60 percent of the nation's federal revenues, during a sustained period of economic doldrums is a wretched idea.
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Imagine his delight after it 'leaked' that he will propose raising taxes on the wealthy by $320 billion over the next 10 years, including increases to the capital gains and inheritance taxes.
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The real story of the Ground Zero mosque is that the project only became feasible because of the appalling and astonishing fecklessness of the officials who were charged with the reconstruction of the site and the neighborhood all the way back in 2001.
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The classic rule of thumb is that if you are an intellectual ideological magazine, you do better in opposition than you do if your views are reflected by people in power.
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You want a political culture that works to create conditions under which an economy can thrive? Since signing the Oslo Accords with the Palestinians, Israel has spent two decades working to unshackle its economy from its socialist roots, with remarkable results.
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