SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: haqihana who wrote (5140)3/3/2006 12:26:43 PM
From: Peter Dierks  Read Replies (1) | Respond to of 71588
 
The rich are rich because they maintain emergency funds. Governments are no different. After a couple of decades of fiscal prudence the government could have a nice emergency fund.

Prior to the twentieth century deficits were rare. The people discovered they could vote themselves the keys to the treasury. This is the fourth stage of democracy. The fifth is dissolution.