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George Will’s column on a new Gettysburg memorial lets us open with a nice change of pace.
In 1863, 11 major roads converged on this town. Which is why history did, too.
The founding of the American nation was the hinge of world history: Popular sovereignty would have its day. The collision of armies here was the hinge of American history: The nation would long endure. Which is why 200 or so generous private citizens recently gathered here for a quiet celebration of their gift to the nation — a sparkling new Museum and Visitor Center that instructs and inspires.
In 1997, Bob Kinsley, a contractor in York, Pa., decided that something should be done about the decrepit facilities for explaining the battle and displaying its artifacts. His determination survived more than 50 public meetings and three congressional hearings, and two years of resistance from rival bidders, some Gettysburg merchants and people who think the private sector takes up space that the public sector should fill.
He started the Gettysburg Foundation and hired Bob Wilburn, who had administered Colonial Williamsburg. Wilburn raised the $103 million that built the new center, which includes a theater for the scene-setting film narrated by Morgan Freeman, and the Cyclorama, the circular painting that depicts Pickett’s Charge on the battle’s third and final day. Americans today are so constantly pummeled by a sensory blitzkrieg — the sights and sounds of graphic journalism and entertainment — they can hardly fathom how the Cyclorama dazzled viewers when displayed in 1884. Magnificently restored and presented, it is still stunning. …
Continuing to ignore our present political predicament, we have Walter Williams who has proposed an increase in the number of representatives in the lower house.
… Excellent research, found at http://www.thirty-thousand.org/index.htm, shows that in 1804 each representative represented about 40,000 people. Today, each representative represents close to 700,000. If we lived up to the vision of our founders, given today’s population, we would have about 7,500 congressmen in the House of Representatives. It turns out that in 1929 Congress passed a bill fixing the number of representatives at 435. Prior to that, the number of congressional districts was increased every 10 years, from 1790 to 1910, except one, after a population census was taken.
We might ask what’s so sacrosanct about 435 representatives? Why not 600, or 1,000, or 7,500? Here’s part of the answer and, by the way, I never cease to be amazed by the insight and wisdom of our founders: James Madison, the acknowledged father of the Constitution, argued that the smaller the House of Representatives relative to the nation’s population, the greater is the risk of unethical collusion. He said, “Numerous bodies … are less subject to venality and corruption. ” In a word, he saw competition in the political arena as the best means for protecting our liberties. If Madison were around today to see today’s venal and corrupt Congress, he’d probably say, “See, I told you so!” …
John Fund introduces us to Joe the Plumber featured in last night’s debate.
Family Security Matters has an interview with Joe.
At a recent campaign appearance in Ohio, Sen. Obama was approached by plumber Joe Wurzelbacher, who has concerns about Obama’s proposed tax policies. FamilySecurityMatters.org’s Pam Meister had a candid conversation with him about his experience.
PAM MEISTER: You recently met Sen. Obama on the campaign trail in Ohio, and you asked him a question about his tax policies. What exactly was your question for him?
JOE WURZELBACHER: Initially, I started off asking him if he believed in the American Dream and he said yes, he does – and then I proceeded to ask him then why he’s penalizing me for trying to fulfill it. He asked, “what do you mean,” and I explained to him that I’m planning on purchasing this company – it’s not something I’m gonna purchase outright, it’s something I’m going to have to make payments on for years – but essentially I’m going to buy this company, and the profits generated by that could possibly put me in that tax bracket he’s talking about and that bothers me. It’s not like I would be rich; I would still just be a working plumber. I work hard for my money, and the fact that he thinks I make a little too much that he just wants to redistribute it to other people. Some of them might need it, but at the same time, it’s not their discretion to do it – it’s mine.
PM: You’re a plumber, and you’re looking to buy your own plumbing business?
JW: Correct.
PM: Would that plumbing business employ other people or would it just employ you?
JW: Eventually it would employ other people. Right now it’s a two man shop and it’s got a very good footprint and a very good reputation, so eventually I would want to put other people out there. I don’t want to get huge because if you get too big your quality goes, but I definitely wouldn’t mind having two good plumbers out there with me working. …
Karl Rove says Obama hasn’t closed the sale yet.
… Mr. McCain is hitting Mr. Obama for wanting to raise taxes in difficult economic times, especially on small business and for the purpose of redistributing income, and for having lavish spending plans at a time when the economy is faltering. He’s criticizing Mr. Obama for lingering on the sidelines while Mr. McCain dove in to help pass a rescue plan, necessary no matter how distasteful. And he’s attacking Mr. Obama for not joining the fight in 2005 when reformers like Mr. McCain tried to rein in Fannie Mae and Freddie Mac.
Mr. McCain’s other adjustment is his schedule. His campaign understands the dire circumstances it faces and is narrowing his travels almost exclusively to Florida, North Carolina, Virginia, Ohio, Missouri, Colorado and Nevada. If he carries those states, while losing only Iowa and New Mexico from the GOP’s 2004 total, Mr. McCain will carry 274 Electoral College votes and the White House. It’s threading the needle, but it’s come to that.
This task, while not impossible, will be difficult. By mid-September, the McCain camp was slightly ahead in the polls. Then came the financial crisis. The past month has taken an enormous toll on the McCain campaign.
Whether it can find the right formula in the next 19 days to dig out is a question. If Mr. McCain succeeds, he will have engineered the most impressive and improbable political comeback since Harry Truman in 1948. But having to reach back more than a half-century for inspiration is not the place campaign managers want to be now.
Ross Douthat in WaPo traces our present credit crisis to It’s a Wonderful Life.
If the global economy survives the autumn and our cable-TV companies are still in business come Christmas, Americans surfing the channels for classic Yuletide movies may finally figure out exactly whom they have to blame for the housing bubble and everything that has followed. Forget the predatory lenders, Wall Street sharks and their government enablers: It all started with George Bailey.
Yes, that George Bailey — the hero of Frank Capra‘s “It’s a Wonderful Life,” the most popular man in Bedford Falls, the man so indispensable that he earned a private visitation from a guardian angel just to show him how dreadful a world without him would have been. It’s easy to forget, so potent is the supernaturally charged final act of Capra’s classic, that before he was visiting looking-glass worlds where he’d never been born or scampering through the snow and shouting “Merry Christmas!” till his lungs burst, Jimmy Stewart‘s George Bailey was actually a pretty savvy businessman. And it’s even easier to forget the precise nature of his business: putting the downscale families of Bedford Falls into homes they couldn’t quite afford to buy.
This is the substance of the great war between Bailey and Lionel Barrymore’s Mr. Potter, the richest, meanest man in Bedford Falls. Potter is against easy credit and the suburban dream, against the rabble moving out of his tenements and buying homes, while the Bailey Building and Loan exists to make suburbia possible.
The Bailey vision is economic and moral all at once. …
The Economist reviews a book on the financial history of the world – The Ascent of Money.
… Of far greater interest is Mr Ferguson’s general theory, which does not emerge until the end of the book. He thinks that finance evolves through natural selection. Although the professor cautions against the sort of Darwinism that sees evolution as progress, he believes that new sorts of finance are constantly coming into being as the environment changes. The sequence of creation, selection and destruction is what has generated many of the financial techniques that modern economies depend on.
This leads Mr Ferguson to make two timely points. One is to remember that evolution depends on extinction as well as creation. You have to allow ill-adapted techniques to fail if you are going to get something new. As the world rushes around rescuing every bank in sight, it is a reminder that the guarantor-state will later have to administer painful medicine.
The other is to observe the wonder of what financial evolution has created. Just now it is only natural to think of the “roller-coaster ride of ups and downs, bubbles and busts, manias and panics, shocks and crashes.” But Mr Ferguson sees something else too: “From ancient Mesopotamia to present-day China…the ascent of money has been one of the driving forces behind human progress: a complex process of innovation, intermediation and integration that has been as vital as the advance of science or the spread of law in mankind’s escape from the drudgery of subsistence agriculture and the misery of the Malthusian trap.” Amid this financial bust, cleave to that.
Turns out Alaska’s glaciers have been growing. Anchorage Daily News with the story.
… “In general, the weather this summer was the worst I have seen in at least 20 years.”
Never before in the history of a research project dating back to 1946 had the Juneau Icefield witnessed the kind of snow buildup that came this year. It was similar on a lot of other glaciers too.
Scrappleface reports Obama has declared plumbing a constitutional right.
After a presidential debate which focused on the needs of one man, a plumber named Joe Wurzelbacher of Holland, Ohio, Sen. Barack Obama this morning announced that “plumbing, like health care, is a Constitutional right, and therefore a federal government responsibility.”
“Millions of Americans go to bed every night listening to the incessant drip of a leaky faucet, fearing a flooded basement or a backed up toilet,” said Sen. Obama. “In my travels around the country, I’ve learned that single mothers, children and seniors are hardest hit. Often it comes down to a decision between buying groceries, or getting the garbage disposal fixed.” …