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Wed 22 Mar, 2006 01:16 am
March 27, 2006 Issue
Copyright © 2006 The American Conservative
An Empire Built of Paper
Empire of Debt: The Rise of an Epic Financial Crisis, William Bonner and Addison Wiggin, John Wiley & Sons, 370 pages The average American reacted just as the average Roman had reacted. When the purple was hoisted, he stood up and saluted. It made him feel like a big shot. If Americans were bossing people around in Asia or the Middle East, it made him feel more important. His homeland team was winning all over the world. And if it did not always seem to be on the winning side, he knew he must support his troops and stand behind their commander-in-chief. No one wants to carp and criticize when soldiers take the field. It is unpatriotic. So, keep the soldiers in the field all the time.