Jordan Ballor’s recent post “What Government Can’t Do” contained a quotation from Lord Acton worth revisiting:
“There are many things the government can’t do – many good purposes it must renounce. It must leave them to the enterprise of others. It cannot feed the people. It cannot enrich the people. It cannot teach the people. It cannot convert the people.”
On February 18th Barack Obama announced a “Debt Panel” – officially termed a Bipartisan National Commission on Fiscal Responsibility and Reform – to be headed by former government veterans Alan Simpson of Wyoming and Erskine Bowles of the Clinton White House years by way of Morgan Stanley; and the university at Chapel Hill. (Wiki terms Bowles an “American Businessman” but the only business he’s been in is financial services. Bankers are money lenders. I know it’s a peculiar distinction but that’s hardly on a par with entrepreneurial spirt or creating wealth with an idea and a lot of sweat.) Bankers use OPM — other people’s money — and put it out for a fee.
Read more on Schools Of Government…