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More important, as with China’s accession to the World Trade Organization in 2001, which required substantial reforms, fulfilling the conditions for joining the SDR promises to speed progress toward full capital-account liberalization – and thus toward a fully convertible renminbi.

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Instead of "go anywhere, do anything you want," we actually created a regime that required prior assessment of where you're going and a duty to prevent significant harm.

Just two weeks ago, a bill introduced by Senator Kefalas that would have required athletes, kids under 18, to wear a helmet when they're riding their bike, died in committee.

This artificial hierarchy, because it goes against human desires to be free, required a tremendous amount of violence to maintain.

But one of them was to maintain the economic order of the South, which required not just a supply of cheap labor but an oversupply of cheap labor to work at the will of the land.

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