Month: December 2008
An Automotive Bailout?
Here’s an open thread, if anyone feels like discussing this issue.
The Frontier & Its Risks
Daniel Henninger applies Frederick Jackson Turner to the current crisis. In 1893 Turner argued “westering” defined American character, especially individualism. Henninger notes “Turner’s purpose wasn’t to idealize America but to try to understand the wellsprings of its remarkable and self-evident success.” It tells us something today: “The current crisis is the result of a world gone madly long on real estate. Daniel Boone, the famed American frontiersman, went belly-up speculating on Kentucky land. He moved on in 1788 and paid his debts. So should we, without losing sight of the American frontier, where we discovered the rewards of risk.”
Quote of the Day
Sometimes the kindest, best, most useful six words one man can say to another, whether brother, father, friend or wharever are, she’s crazy, get rid of her.