Thank You, President Bush

Jeffrey Lord, The American Spectator

A good and decent man and a serious American hero.

May, 1970.

I was having lunch with Pennsylvania Congressman George Goodling in the House Dining Room. I was 19 years old, and, with thousands of other college students, I was in Washington to protest the shooting of four Kent State University kids who were shot to death by the Ohio National Guard in the middle of protests over President Nixon’s decision to invade Cambodia.

Within minutes of Nixon’s televised address to the nation on April 30, college campuses around the country began stirring in protest. Over the course of the next few days the youthful anti-war movement had spun out of control. On May 2, someone set the Kent ROTC building ablaze. Governor James Rhodes was furious and ordered in the Guard. The protests grew, and on May 4 there was a fatal showdown, leaving the four Kent students dead. All hell quickly erupted across the country, with some 500 colleges shutting down. Students from across the nation descended on Washington to protest. In my case, this meant a respectful visit to my congressman, who nicely invited me to lunch to discuss. As we made our way out of the dining room, Goodling paused and introduced me to his friend — Texas Congressman George Bush. We chatted. He was very thoughtful, no airs and heard me out, encouraging my involvement in public affairs.

I was impressed, and dropped him a note thanking him for taking the time to talk to me. To my amazement I got a note back thanking me.

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4,000 Years Of Price Control

Tablets, said to be 200 years older than the Babylonian Code of Hammurabi ... show that the ancient kingdom of Eshnunna had wage control and price control. The news ought not to have come as a surprise. For the code of Hammurabi itself (unearthed in 1902), which was promulgated earlier than 2000 B.C., fixed prices, wages, interest rates, and fees. This makes price control at least about 4,000 years old. ...


Ironically, it is those who now wish to return to this ancient totalitarian device who are fondest of calling themselves “progressives.” They are also fond of saying that those who believe in economic liberty “are living in the nineteenth century.” These controlists have yet to learn that they themselves are still living, as the discoveries in Babylonia attest, in the nineteenth century—B.C.!

-- Henry Hazlitt,

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