Pigs get fat and hogs get slaughtered.

Economist Frederick Thayer has studied the history of our balanced-budget crusades and has come up with some depressing statistics. We have had six major depressions in our history (1819, 1837, 1857, 1873, 1893 and 1929); all six of them followed sustained periods of reducing the national debt. We have had almost chronic deficits since the 1930s, and there has been no depression since then - the longest crash-free period in our history.

Populism is the simple premise that markets need to be restrained by society and by a democratic political system. We are not socialists or communists, we are proponents of regulated capitalism and, I might add, people who have read American history.

I still believe in Hope - mostly because there's no such place as Fingers Crossed, Arkansas.

Bad policies, stupid policies, gutless policies have real consequences.

As I have pointed out time and again, it's a hell of a lot cheaper to send little kids to school than it is to let them grow up into young thugs who have to be sent to prison, not to mention the savings in the wear and tear on the nerves, property, and safety of the rest of the citizenry.

The first rule of holes: When you're in one stop digging.