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The GADERENE SWINE RULE, as theologian Douglas Wilson explains it, states that just because a group is in formation, doesn't mean they know where they are going, writes Joel Bowman in Eric Fry's Rude Awakening.

Humanity, as we know, is hardly immune to swine-borne afflictions. This very day, possessed by the demonic spirit of fiscal and monetary insanity, man races towards his own cliff. Predictably, and perhaps fatally, he neither looks to see where he is going nor questions whether he is in intelligent company.

The economy is still sinking, he realizes, but stocks are still rising. Eventually the twain shall meet, though perhaps only in passing. Even so, everybody believes the worst is over and that stocks ought to continue on their lunar trajectory. The stimulus is working, they say. The problem is not that anyone believes this...just that everyone believes it. It is deluded groupthink on a mass scale.

When Britain nicked $30 billion from their future generations to pay for their present day financial malaise, for example, Prime Minister Gordon Brown was on hand to offer his defense of the theft.

"We now have a unique opportunity to do, in a 21st-century way, what was done in the 20th century by the New Deal," Brown said. "As they built roads and bridges to create the infrastructure for the years ahead, we can use this period of adjustment to build both the technological base and human capital to equip us for the opportunities ahead."

Politicians like Brown, in other words, are stealing from the future in order to pay for the road to get there. The problem is, it's not Brown's money to spend. It must be borrowed, and then taxed to redeem the creditors. Rarely during these "periods of adjustment" does the concept of paying for one's own road even enter the public discourse. And why would it? The victims of this crime are not even alive yet to defend their property. It's like taking candy from an unborn baby.

Sadly, Britain is but one pig in the mad rush off the cliff and into the sea. In Australia, the list of qualifications for receiving a government handout doesn't even include the rather lenient clause, "must have heartbeat". In a vintage display of bureaucratic bumbling, the Australian government recently mailed checks totaling $14 million to no fewer than 16,000 deceased estates. Recipients need only to have remained alive long enough to fill out a tax return for the 2008 financial year.

Not wishing to leave anyone out, dead or alive, Kevin Rudd's government also sent checks to serving members of the nation's prison population and some 25,000 expatriates – all part of Prime Minister Rudd's own $10 billion brand of economic Viagra.