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Show COMMENTS . PORK BARREJL POLITICS MUST STOP It is an unfortunate fact that a good many politicians arc still working- on the assumption as-sumption that government might as well finance fi-nance practically everything, and go into the banking and loan business on an almost unlimited un-limited scale. That attitude was responsible for the gigantic debt we built up before there was any need for a multi-billion dollar defense program. And that attitude, if it is reflected in government policy now, could bankrupt the country. The plain fact is that government should not finance a single endeavor which can be financed with private capital. Government has plenty on its hands as it is, no one else can pay for battleships and airplanes and armies- But the regular banking channels of this country arc eager and ready to finance almost any kind of industrial activity. They'll do it with private money, not tax money or deficit money. At best the national debt is going to stag-ering stag-ering proportions, and if the pork barrel spenders have their w-ay they will ruin us. "Money for anything and everything" is one government policy we can no longer afford. |