Tuesday, August 17, 2010

Kite Flying

Msr. Ramirez over at Investor's Business Daily nails it:

There is not a business person, banker, sales person, developer etc. that I have spoken to in the last six months that has not expressed fear and concern over the increased regulation and taxation being generated by what Melville called the "Iron Dome."  My favorite passage from whence that is drawn (from the "Conflict of Convictions"):

Power unanointed may come-- Dominion (unsought by the free) And the Iron Dome, Stronger for stress and strain, Fling her huge shadow athwart the main; But the Founders' dream shall flee.
He wrote this watching the enormous expansion of Washington's powers during the Civil War.  He must be spinning wildly now.

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