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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: ubetcha who wrote (12277)10/4/2001 8:37:05 PM
From: Alan Whirlwind  Read Replies (1) | Respond to of 82052
 
Yeah, I'm a conservative and I would like to see the deficit go away. But let's face it. I am willing to see what needs to be spent to catch these whackos and put an end to their evil deeds. We were in recession anyway so the deficit was a sure thing no matter what.



To: ubetcha who wrote (12277)10/5/2001 6:55:42 AM
From: sea_urchin  Read Replies (1) | Respond to of 82052
 
Hi Terry, this is no more my board than it is anyone else's.

Tom and I were actually refugees from another thread which was bombed out by certain intruder(s) some years ago. So we came to Uncle Bill Murphy's thread. Subsequently he left, moving on to bigger things --- like taking on the US government etc!!

I have followed your chat with Alan and I agree completely. I guess I am more of a Libertarian than a Conservative but, nonetheless, I agree with your sentiments that if they are going to support one industry they should support all. Indeed, where does the "charity" end?! Furthermore, the US has always been totally opposed to the importation of any goods where the production was apparently subsidized by foreign governments eg French farming produce, Canadian timber. Now, how does the world have to view this US hypocrisy?!

I agree with you also about the printing and distributing of money as if it was simply largesse awaiting to be handed out by some benevolent Father Christmas. Indeed, it is the American taxpayer who will ultimately have to foot the bill for all the "wealth creation". According to my simple mind, money had to have a value, a value determined by an interest payment, should someone want to borrow it from someone else. For this reason, there was an inducement to be thrifty and to save . That was known as investment. Today they have made interest effectively nil (or soon it will be like in Japan) --- so what is the value of money?!

I hear, on TV, all they are telling the Americans to do is SPEND, as if spending was investment. In fact, the more in debt the American people are, the more patriotic your government now regards them to be. This must clearly be nonsense but, if it isn't, then it must indicate a serious change in the relationship between money, the individual and the state. Instead of the state depending on the wealth which the individuals create through their enterprise, work and saving, the individuals now depend on rewards dished out to whomever the state considers worthy, undoubtedly by patronage.

A few posts ago I referred to the USA as the UASR --- the United American Socialist Republics. Indeed, since 9-11 the US has become one of the most socialist nations on earth. I can only mention that Marx, or was it Lenin, used to say "If you want to destroy a nation, destroy its currency".

Be aware.