The Business of Poverty: Obscene Salaries Dominate at Int’l Development Banks
I like the reference to madame Defarge. Over the past two years I’ve altered some of my thinking about the French Revolution. I now think that the causes of it are very similar to the revolution-in-the-making that we have here. A tremendous amount of government spending that favors the upkeep of elites that are kept from suffering the consequences of their own irresponsibility, a declining currency value, a tightly regulated job and agricultural market, all run by unaccountable bureaucrats with golden-parachute pensions paid for by people who are forced by the situation to make less than the people they employ in the public sector. A recipe for a guillotine.





