Come on, Boys, ain't it enough to have "In God We Trust" on them old
greenbacks? Like I said -the chrematistic meliorist - usually you will find
him like the Calvinist or Calvinist of a freer confession on the interest
receiving end, more often than not taking a double dip, and while the goose
keeps on laying, why upset the roost?
 Oh, Joe, and the time-honored political right to repudiate the National
Debt is also, yes, dressed in olive drab- khaki when it put Pound in the
nut-box.
 "Avarice", the poet concluded when he finally thought it all through, but
Veblen could have saved him some time. "The predatory instinct and the
consequent approbation of the predatory efficiency are deeply ingrained in
the habits of thought of those peoples who have passed under the discipline
of a protracted predatory culture." Or as my old man who was a lawyer for 43
years once told me, "We're all just pickin' shit with the chickens". He came
from a farm and knew Brer Rabbit personally.
CDM
----------
>From: [log in to unmask]
>To: [log in to unmask]
>Subject: Re: value / money /interest-bearing debt
>Date: Thu, Dec 28, 2000, 7:06 AM
>

> In a message dated 12/28/2000 9:34:52 AM Eastern Standard Time, [log in to unmask]
> writes:
>
> << s it not true that the Government is able to find buyers for securities It
>  issues only because It guarantees a return on the investment and because
>  investors believe in that guarantee?  That ROI is guaranteed the power of
>  the Government to levy taxes upon the People.  Like a shark that must move
>  in order to breathe,  the Beast must die if the People refuse to pay taxes
>  or investors lose faith in the guarantee.
>  Tim Romano
>   >>
>
>
> this is the deal.  or, as brother Carlo puts it, a ponzi scheme, which
> requires an ever expanding base or face collapse.  as for the People refusing
> to pay taxes, that's what the army is there for.  or should that be Army
> therefore?  the wise guys figured out some time ago that the only requirement
> for the existence of virtual wealth is an agreement, or as you put it, a
> government guarantee....
>
> joe brennan.....
>