1 definition by twighlight zone
A term coined by Congressman Rand Paul during 2016 presidential election. Likely influenced by money manager Mark Spitznagel's comments and essay 'Austrian Detriot.' In the2013 article, Spitznagel talks about Detroit's bankruptcy as caused by city-government financed public debt 'financial instruments.' In these psuedo-financial agreements, bond buyers receive a scheduled return from tax payers choosing to fulfilling obligations their political representatives have unrealistically co-signed them to.
He states this as a positive event that signals that Detroit citizen's dependence on an overgrown parasytic public sector is the root cause of the city's infrastructural woes. The (eventual) natural outcome will be for citizens to recognize that the officials it has been electing have been engaging in unneccessary and maleficial agreements, and that a much smaller government will regenerate, with new, more effective and responsible organization to it.
He states this as a positive event that signals that Detroit citizen's dependence on an overgrown parasytic public sector is the root cause of the city's infrastructural woes. The (eventual) natural outcome will be for citizens to recognize that the officials it has been electing have been engaging in unneccessary and maleficial agreements, and that a much smaller government will regenerate, with new, more effective and responsible organization to it.
There's no way Jim's gonna agree to putting that unnessary tax on the working man.Jim's a detroit republican.
by twighlight zone August 31, 2015