Wednesday, March 25, 2009

Is there hope yet?

Are Europeans finally getting it? The EU is waking up to the knowledge that you cannot spend your way to prosperity. Or in the words of Winston Churchill, "Trying to tax your way to prosperity is like a man standing in a bucket trying to lift himself up by the handle." Or better yet, the words of Chief Justice John Marshall, "The power to tax involves the power to destroy."

I suggest that this should be a speech repeated on the floors of the House and Senate.

Floor speech at the EU

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