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Trusts also allow you to put restrictions on how money is spent, which can be important if your heir is a minor child, a spendthrift or someone reliant on public benefits.

And his book also took a decidedly conservative view – describing them as chronic spendthrifts, dependent on welfare payments and mostly failing to pull themselves up by their bootstraps.

The U.S. government is hardly a spendthrift with arts dollars, but what if it were to pony up for the industry again?

Two curmudgeonly old rivals, reclusive spendthrifts, are marching toward a showdown that a lot of people really wish wasn’t happening.

And the frustrations certainly aren’t new to those fans, who have watched this spendthrift organization reach the postseason just once in the past 22 years.