Thoughts, essays, and writings on Liberty. Written by the heirs of Patrick Henry.

“The very purpose of a Bill of Rights was to withdraw certain subjects from the vicissitudes of political controversy, to place them beyond the reach of majorities and officials and to establish them as legal principles to be applied by the courts. One's right to life, liberty, and property, to free speech, a free press, freedom of worship and assembly, and other fundamental rights may not be submitted to vote; they depend on the outcome of no elections.”     Supreme Court Justice Robert H. Jackson,    West Virginia Board of Education vs. Barnette, 1943

June 1, 2009

Quote Of The Day

by Brad Warbiany

When I posted the below open thread, one of the data points used to suggest things were actually recovering was a rise in income that was 0.6% higher than expect (and actually positive — expectation was negative). But it appears that this might be an anomaly brought on by our Congress. From The Big Picture:

April Personal Income rose .5%, much better than expectations of a drop of .2% while Spending fell .1%, .1% better than forecasts. The revisions to March were modest. The factor in the surprise gain in income was related to the Government’s stimulus plan where transfer payments rose smartly and there was also reduced personal current taxes. The Commerce Dept specifically said the income component “was boosted as a result of provisions of the American Recovery and Reinvestment Act of 2009.”

So hey, the economy isn’t actually recovering, but boy we’re at least paying people to do government work with newly-printed money. Boy, how I love the New New Deal!

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