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On Mon, 9 Nov 2009 09:57:31 -0500, "sr" wrote:
Well, it looks increasingly like the jig is up. We can no longer afford politics as usual. Dollars in the common treasury are like fish in the common sea - anyone who can will harvest to extinction. That is why socialism is fundamentally corrupting and can not work. The Fed is making a lot of paper fish. This is an illusion of wealth. The real fish are gone. I agree that when money is printed and spent by the same people, this kind of corruption happens. If you are referring to such governments as "socialism", you have a point. If you are just referring to the other party - the one that spends the deficit differently from your party, then your point is lost. Do you have a proposal that you believe could work - separating out the spending from the money printing? Maybe give up the power to print money to some international body? Or do you prefer that we go back to gold, and no more IOUs such as loans on paper? -- "In no part of the constitution is more wisdom to be found, than in the clause which confides the question of war or peace to the legislature, and not to the executive department." - James Madison |
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