Cicero

From the First Century by way of "a Cicero fan in Tallahassee" by way of   [Veronique de Rugy] of NRO.

Cicero still has something to teach us on fiscal policy.  Regarding the current administration’s proposal to "cram down" mortgage debt, here’s Cicero writing on a proposed "abolition of debts":

"Tabulae vero novae quid habent argumenti, nisi ut emas mea pecunia fundum, eum tu habeas, ego non habeam pecuniam."

This means, roughly, "What is the meaning of a ‘clean slate’, except that you purchase a farm with my money, that you still have the farm, but I no longerhave my money?"

(From Book II of Cicero’s De Officiis (On Obligations))