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04/27/2010

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Ron Beasley

As long as the ultimate entitlement program - the military industrial complex - is off the table the entire conversation is meaningless. Hegemony has a cost and that cost is a decline of empire.

AJ

Is this a good way of thinking about it? Department A loans department B $100 billion. Department A calls in its loan, now department B has to raise $100 billion to pay back the principal it owes. Where is it going to get that money? Indeed, it's rare for departments to have surpluses, so that $100 billion will likely have to come from the public, thus it is an obligation of the public and should be counted.

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