The subject line/quote is credited to former Clinton-Gore strategist Paul Begala in a 1992 Washington Post interview.
Begala said: “I first started using that phrase in Texas in the ’80s. It’s caught on for obvious reasons — a pithiness that so accurately describes what we’ve all sensed about the two industries.”
As strange as this may sound, it adds credibility to reasons why our Constitution was written and structured so beautifully.
There has never been anything like it in history.
Our founding fathers knew that the heart of man is desperately wicked. Because of this, they established laws and governments instead of empowering one person with unlimited power.
They realized that humans have the propensity for sin and failure. So, they put in a system of checks and balances based on Jerimiah 17:9 which says the heart is basically wicked.
“The heart is deceitful above all things, and desperately wicked: who can know it?”
You see, the fathers of America were holy rollers…and thank God for that. Otherwise we would be another ugly statistic in the dustbin of history.
In 2009, the University of Chicago Law School published a paper saying:
By our estimate, national constitutions have lasted an average of only seventeen years since 1789 . This is an unsettling estimate of life expectancy for a document whose basic function is to express guiding national principles, establish basic rules, and limit the power of government—all of which presuppose constitutional longevity.
So, at nearly 243 years old and counting we still have the best document in history.
However, we’re witnessing the systematic destruction of our Constitution by many of the nutjobs in DC.
They act as if we should take orders from them instead of them working for us.
Their solution to every problem is to raise taxes.
This reduces our disposable income…leading to economic slowdowns.
How will this play out in the markets?
See our March Newsletter (HERE) and beware the Ides of March.