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