“Our just-in-time commercial supply system runs on just-in-time financing. And most American households, which are operated on a paycheck-to-paycheck basis, are woefully unprepared to deal with the shortages and dislocations that would result if store shelves were suddenly denuded, and gas station fuel tanks went dry. If, as we have reason to fear, municipal and state governments start to default on their debts, then the teeming hordes of public employees may be left without their share of official plunder. We’re being advised that crime rates among the, ahem, common people tend to soar during times of severe economic hardship. What would be the result were widespread unemployment suddenly to hit the huge and ever-growing population of tax-feeders — who are often well-armed people with an exceptionally well-developed sense of entitlement, and accustomed to a living based on coercive extraction, rather than mutually beneficial free commerce?” (10/15/08)