"It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world."
yeah, what did he know? I mean why pay today what you can ignore or avoid and leave for someone else tomorrow? U.S. economy + U.S. balance sheet + U.S. housing mess + global credit crisis + very little real leadership worldwide capable of making hard choices = _____________
(fill in the blank.)
