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Doug Bandow — Washington’s Endless Sanctions Are Finally Backfiring

Summary:
Uncle Sam’s failure is unsurprising. As Lord Acton famously intoned: “Power tends to corrupt and absolute power corrupts absolutely.” It doesn’t matter whether the intentions of Washington policymakers are good. The consequences of American policies have been bad, often disastrous. "The road to hell is paved with good intentions." The American Conservative Washington’s Endless Sanctions Are Finally Backfiring Doug Bandow | senior fellow at the Cato Institute and former special assistant to President Ronald Reagan

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Uncle Sam’s failure is unsurprising. As Lord Acton famously intoned: “Power tends to corrupt and absolute power corrupts absolutely.” It doesn’t matter whether the intentions of Washington policymakers are good. The consequences of American policies have been bad, often disastrous.
"The road to hell is paved with good intentions."

The American Conservative
Washington’s Endless Sanctions Are Finally Backfiring
Doug Bandow | senior fellow at the Cato Institute and former special assistant to President Ronald Reagan
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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