Government subsidies can be critically analyzed according to a simple principle: You are smarter than the government, so when the government pays you to do something you wouldn't do on your own, it is almost always paying you to do something stupid.

Political systems must love poverty-they produce so much of it. Poor people make easier targets for a demagogue. No Mao or even Jiang Zemin is likely to arise on the New York Stock Exchange floor. And politicians in democracies benefit from destitution, too. The US has had a broad range of poverty programs for 30 years. Those programs have failed. Millions of people are still poor. And those people vote for politicians who favor keeping the poverty programs in place. There's a conspiracy theory in there somewhere.

Politics are for foreigners with their endless wrongs and paltry rights. Politics are a lousy way to get things done. Politics are, like God's infinite mercy, a last resort.

We're gonna be in a world of hurt if we don't get it fixed, because there's going to be billions of people out there - they're hungry, they're mad. One thing that they can get their hands on is guns.

I went back to bumming around New York, writing freelance stuff for Car & Driver and such.

The government is huge, stupid, greedy and makes nosy, officious and dangerous intrusions into the smallest corners of life - this much we can stand. But the real problem is that government is boring. We could cure or mitigate the other ills Washington visits on us if we could only bring ourselves to pay attention to Washington itself. But we cannot.

I'm a political conservative.