If You Read Nothing Else This Weekend…

…read The Corruption of America by Porter Stansberry.  It’s an überpost, and it’s pretty much a distillation of what I’ve been writing here since 2003, but it’s absolutely worth your time.

Pullquote:

The situation destabilized the entire city. Most of the people who could afford to leave did. Over the next 18 months, 140,000 upper- and middle-class residents – almost all of them white – left the city.

And so, you might ask… after five years of centralized planning, higher taxes, and a fleeing population, what did the government decide to do with its grand experiment? You’ll never guess…

I would. “The philosophy cannot be wrong! Do it again, only HARDER!

Tough history coming, indeed.

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