Looks like a new must-read site. From a couple of their inaugural articles:

…The old joke that GM was a health-insurance company that made cars on the side increasingly became the company’s grim reality. As its commitments grew while its profits shrank, GM became unsustainable.

Over the same period, the United States government came to a similar arrangement with the country’s growing and industrious middle class. To offer some security to the workers powering America’s prosperity, a series of entitlement programs took shape, aimed especially at providing for retirement income and health-care expenses. These programs’ finances were built on demographic and economic trends that could not have been expected to go on forever; yet even as their underlying logic has grown obsolete, these arrangements have proven extremely difficult to change. Today, America’s political leaders are essentially in the position that GM’s management was a decade or two ago: They have made a contract with the middle class that now threatens to bankrupt all involved, but seem unable to do anything about it.

And on divorce:

In 1969, Governor Ronald Reagan of California made what he later admitted was one of the biggest mistakes of his political life. Seeking to eliminate the strife and deception often associated with the legal regime of fault-based divorce, Reagan signed the nation’s first no-fault divorce bill. The new law eliminated the need for couples to fabricate spousal wrongdoing in pursuit of a divorce; indeed, one likely reason for Reagan’s decision to sign the bill was that his first wife, Jane Wyman, had unfairly accused him of “mental cruelty” to obtain a divorce in 1948. But no-fault divorce also gutted marriage of its legal power to bind husband and wife, allowing one spouse to dissolve a marriage for any reason — or for no reason at all.

Confucius, Œc. Vol.

Don’t ask impertinent questions like that jackass Adept Lu.