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April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Dec. 23, 2008 / 26 Kislev 5769

We're like alcoholics who've been on a 30-year bender

By Jack Kelly

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http://www.JewishWorldReview.com | Our government now owes more money than all of us in the country put together possess.


As of Sep. 30, federal financial statements showed approximately $56.4 trillion in debts, liabilities, and unfunded promises for Medicare and Social Security, the Peter G. Peterson Foundation reported. The Federal Reserve estimated total household net worth at that time at $56.5 trillion.


Since then the stock market has crashed, tens of billions of dollars of personal wealth have evaporated, and the government has committed $700 million to bail out financial institutions.


A government which long has been morally and intellectually bankrupt is now financially bankrupt too.


An example of moral and intellectual bankruptcy is the $1 trillion "stimulus" package Congress is contemplating to encourage us to continue the behaviors that got us into this mess in the first place.


We've been living beyond our means on money borrowed mostly from the Chinese. Like Bernie Madoff's Ponzi scheme, this had to end at some point, and could only end badly.


The stock market crash has sobered many of us up. We're saving as much as we can to guard against the rainy days that appear likely in our future.


But tens of thousands of Americans make their living selling us things we don't need and can't afford. If we live within our means, their jobs are in jeopardy, and the recession could deepen.


The theory behind the stimulus package is that we can spend our way out of the recession. As former Sen. Fred Thompson put it, this is like telling a fat guy the way to lose weight is to eat more.


The stimulus package Congress passed last Spring didn't work, and this one probably won't, either. But it will delay necessary reforms, and could make the inevitable crash more painful.


We're like alcoholics who've been on a 30-year bender. We can't quit cold turkey without a painful period of adjustment. But if we don't go through that period of adjustment, we can't ever get well. America can't in the long run be prosperous unless we make things other people want to buy, and finance most of our investments through our own savings.


Democrats will run things for the next four years, so the recession should last at least that long. That's because the economic philosophy of the Democratic Party is to subsidize failure and punish success. Bailing out auto companies that couldn't make money in good times, and raising taxes on those job creators who are still making money may be good for gathering votes, but not for growing an economy. I used to infuriate my English teacher in high school by declaring that all anyone needed to know about life could be found in the works of Rudyard Kipling. (She was not a fan of the bard of the barrack-room.) But the more I see of the world, the more sure I am that this is so. My favorite Kipling poem is "The Gods of the Copybook Headings:"


"We were living in trees when they met us. They showed each of us in turn, that water would certainly wet us, as fire would certainly burn. But we found them lacking in Vision, Uplift, and Breadth of Mind, so we left them to teach the gorillas, while we followed the March of Mankind...


"With the hopes that our world was built on, they were utterly out of touch. They denied that the moon was Stilton; they denied she was even Dutch; they denied that wishes were horses, they denied that a pig had wings; so we worshipped the gods of the Market, who promised these beautiful things....


"In the Carboniferous Epoch, we were promised abundance for all, by robbing selected Peter, to pay for collective Paul. But though we had plenty of money, there was nothing our money could buy, and the Gods of the Copybook Headings said: 'If you don't work, you die.'


"...And after this is accomplished, and the Brave New World begins, When all men are paid for existing, and no man must pay for his sins, as surely as water will wet us, as surely as fire will burn, the Gods of the Copybook Headings, with terror and slaughter return.

Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

JWR contributor Jack Kelly, a former Marine and Green Beret, was a deputy assistant secretary of the Air Force in the Reagan administration. Comment by clicking here.

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© 2008, Jack Kelly

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