July 27, 2011
Would Albert Einstein Trust This Congress?
One observation that can be made about the scrambling going on to resolve the crisis-de-jour (our national debt ceiling) is that each emerging proposal relies heavily on Congress keeping its word in the future. Each resolution adopts the form "we are going to enable ongoing debt accrual for now but we promise to do XYZ in the future to mitigate that debt." Given that we are betting our financial future on their promises it seems prudent to stop for a second to consider if Congress is, indeed, worthy of our trust. Albert Einstein once said "Whoever is careless with the truth in small matters cannot be trusted with important matters." With that in mind, let's evaluate Congress on a few 'small matters' as a foreshadowing of things to come. On January 5th, 2011 the House passed H. Res. 5 on a vote of 240-191. H. Res. 5 adopted the rules by which the 112th Congress is to abide. These rules comprise the core doctrines to which they obligated themselves...(Read Full Post)