Article

Everything Decays

Fight Loss of U.S. Dominance With War Bonds

Order in nature tends to break down; the same is true of civilizations. Decay will proceed — the only question is at what pace and whether it can be denied. Fortunately, it can be slowed and even prevented when a country has the will to do so. We need to invest in our country, but we must do so without increasing our debt or gutting social programs. I propose establishing a “Freedom Recapitalization Bond,” with the proceeds going directly to the Pentagon. They would still increase overall government debt, but it would be held by Americans, and perhaps some patriots might even agree to zero-interest bonds or charitable contributions if they knew where the money was going. War bonds once played a role in helping us overcome huge challenges. Their time may have come again.

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John Walker, Partner


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