Notes from Babylon

Cato Institute President Emeritus, Ed Crane

In the August issue of The Crane Report, our friend Ed Crane, founder and president emeritus of the Cato Institute, focuses on Washington’s “growing bureaucratic disdain for the American people.”

Touching also on the shenanigans in Congress this summer, Ed writes,

Raise your hand if you think the Veteran’s Affairs scandal/fiasco is due to a lack of money. I don’t think so. But screw up enough in government and you’re sure to get more money. (It’s one of the things that separates it from the private sector.) So one of the last things Congress did prior to charging off to a five-week vacation was to authorize $17 billion in new spending for the VA. That should do the trick…

As Senator Tom Coburn, one of the few senators who did not vote to authorize new spending, notes, “Ultimately, the VA suffers from the same problem as Congress: too much money and not enough leadership.” Read more here in Sticking It to Veterans and Taxpayers.

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Debbie Young
Debbie, our chief political writer of Richardcyoung.com, is also our chief domestic affairs writer, a contributing writer on Eastern Europe and Paris and Burgundy, France. She has been associate editor of Dick Young’s investment strategy reports for over five decades. Debbie lives in Key West, Florida, and Newport, Rhode Island, and travels extensively in Paris and Burgundy, France, cooking on her AGA Cooker, and practicing yoga. Debbie has completed the 200-hour Krama Yoga teacher training program taught by Master Instructor Ruslan Kleytman. Debbie is a strong supporting member of the NRA.