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: post by Conservationist at 2008-10-15 12:46:49
The genius of the Confederacy was that it allowed different states to have different rules.

So if one state wanted to decriminalize weed and legalize prostitution, another wouldn't have to. And because neither state is obligated to save the other if it goes bankrupt, we rapidly see which approach is more realistic.

If you ask me, the threat to the dollar is a subtle one -- we no longer make much of anything here in the USA. Our agriculture and manufacturing sectors are minimal, but in entertainment and moving money around through paper finance, we're strong.

But those industries are ephemeral, and so not a good basis for a long term plan. Diversified industry is best. We see it here in Houston -- when the energy firms take a dump, the city is a ruin for a decade, and otherwise, it's boomtown.
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