Political & Cultural Commentary from a Constitutional Conservative.
By Jeff
Mary Anastasia O’Grady has slightly disturbing interview with Philadelphia Federal Reserve bank president Charles Plosser in today’s Wall Street Journal: Federal Reserve Chairman Ben Bernanke was on Capitol Hill this week to answer critical questions about monetary policy, amid rising bond yields and sharply higher commodity prices. Mr. Bernanke showed no self-doubt, and Friday’s resignation […]
“Good intentions will always be pleaded for every assumption of authority. It is hardly too strong to say that the Constitution was made to guard the people against the dangers of good intentions. There are men in all ages who mean to govern well, but they mean to govern. They promise to be good masters, but they mean to be masters.” – Daniel Webster