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Tuesday, July 12, 2011

Raiding An Empty Vault

Twenty-five years ago, Geraldo Rivera hosted a greatly hyped TV special called “The Mystery of Al Capone’s Vaults.” It still stands as one of the highest-rated programs in television history.

On the ballyhooed night, cameras crept through the tunnel to the vault. There, on live TV, workers pulled down the concrete wall. The dust settled, and the cameras peered inside. And what did spellbound viewers behold? A pile of dirt, a few empty gin bottles, and a discarded stop sign. Such were the treasures in Al Capone’s vault.

A quarter century later, this serves as a wonderful metaphor for the grand project of Progressivism. Since the dawn of the 20th century, Progressives foretold the blessings they would deliver. Ordinary citizens lack the wits to govern themselves, they said, so let’s put an elite cadre of Progressive managers on the case. Give them power, and they’d soon have things humming -- a chicken in every pot, a Chevy in every garage.

When Progressives gained power, they served us the New Deal and Social Security, followed with helpings of the Great Society and Medicare/Medicaid. Now they’re jamming the Obama smorgasbord down our throats -- ObamaCare, bailouts, stimulus packages, Government Motors, and “quantitative easing,” a.k.a. printing money.

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Ed Feulner is the president of The Heritage Foundation, a Washington-based public policy research institute.

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