“Soft despotism is a term coined by Alexis de Tocqueville describing the state into which a country overrun by "a network of small complicated rules" might degrade. Soft despotism is different from despotism (also called 'hard despotism') in the sense that it is not obvious to the people."
Tuesday, October 07, 2008
Who Will You Trust With the Economy?
This is a billion mark note. It represents failure. The cost of government failure can cost you everything. It has happened before.