This sounds pretty drastic.
I have a much better idea: Direct all citizens, non-citizens, aliens, undocumented... to go thru all their belongings and break ALL their glass. Any glass you walk by - break it. Now, the prescient folks of Missouri already have a start at this in Ferguson - good for them!
ALL this broken glass will have to be removed, new glass manufactured and installed. This will be a TREMENDOUS boon to the economy! Might even erase the entire National Debt!!
The money would only go to people with a history of receiving government assistance,that would be my guess.
Insofar as the Federal Reserve _is_ “printing money” for distribution, methinks it should be handed out evenly to the citizens, rather than offered to a few banks for highly leveraged abuse. Fed pulls another “quantitative easing” of $1T? everybody (age irrelevant) gets $3000.
It’s a waste, as it’s an artificial bump quickly absorbed & compensated by markets, but at least it would be evenly distributed - as opposed to the waste via banks sitting on $billions and using it for their own unfairly leveraged gain. Better to show it as a meaningless numbers game evenly distributed, than perpetuate cronyism.
Wikiquote is normally reliable. It is *largely* from a letter to John Taylor dated 15th April 1814.So in my view, given the context of that quote and this abject cynical view of the outcome (I can't analyze Adams' writings, intent or his personal views w/o expending time I don't have)...However, the version you have is a misquotation, and the text of the letter has been further mangled by rather naughtily compiling different sections to make a single quote that Adams never wrote. From The Works of John Adams, Second President of the United States, Volume 6, 1851, where the Taylor letter is reprinted:
"Democracy has never been and never can be so durable as aristocracy or monarchy; but while it lasts, it is more bloody than either." Reference
And about a page later ...
"Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide".
Source(s): Google Books
...is it factual to call Keynesian Economics a 'failure', if the intended outcome is 'either of the two' (aristocracy or monarchy, or some derivative)?
If the answer is 'no', then the logical intent of libs/progs is usurping the Constitution (without regard to the obvious defects in our "democracy").
That brings on a whole different discussion I won't have here...nor about this stupid article.
Which is why the United States was not founded as a democracy, but rather as a republic.
For the edification of those in learning mode, the United States of America allows its citizens to participate in democratic elections but holds those elected to the Rule of Law meaning a republic.
A shorter encapsulation is ‘Democracy for the People, a Republic for the People’s government’.
Therefore, the United States is a Republic, as long as the People can keep it as such.
Ping
Listen. Our government’s policy has been to dilute the value of the currency, lessening its value and resulting in inflation.
Inflation, in the weak mind, is easily confused with rising prosperity, since the “economic indicator” numbers are going up and the media and government are crowing loudly.
Their stupid efforts are not working, because they’ve destroyed this country’s ability to produce, resulting in a shrinking job market and falling salaries.
For the simple-minded liberals and media types: fighting unemployment with programmed inflation is the wrong way to go.
This is part of the rationale Teresa Ghilarducci offers in her plan to nationalize all pensions into one huge fricking centralized national Super Social Security system. That direct deposits into participants bank accounts could be made by the Fed at any time to provide “stimulus”.
A one time infusion of cash in everyone’s pocket will result in the following:
1. The price of everything will suddenly and temporarily increase
2. The rich (i.e. producers, investors) will be richer, the poor will be poorer
3. Since most of the new money has flowed to the rich, prices of consumer goods should return to basically what they were (perhaps a little higher)
4. Prices of luxury goods will increase, as well as most investment vehicles.
5. A new moral hazard will be introduced. This will incentivize most people to be more irresponsible and to demand this type of giveaway more often.
We don’t need wheelbarrows full of useless money any more when the EBT cards can be loaded up digitally with extra zeroes...
Two points...
1) “Free cash”? I could use it to buy more ammunition.
2) Per the article... “Most citizens already trust their central banks to manipulate interest rates.” Yeah, right. Do we have any choice?
Why do they keep perpetuating this lie that there is no inflation? For me, gas, up 10%, health care, up 8%, food, up 6%, cable, up 7%, mass market paperback, up about 60% in 8 years, utilities, up 4%, and on and on.
“It begins” is right up there with “bombshell.”
“Central Banks Should Hand Consumers Cash Directly”
Does anyone know where the line starts? Because I’d sure like to get my hands on my share pronto! Oh, and can I get a free pony too while they’re giving stuff away? And some pony food stamps also since ponies cost so much to feed.
The “Foreign Affairs” publication is unnecessary. there are already multiple billions of dollars in transfer payments already.
The feds just raised their print on GDP grow to 4.2%. That means the Fed will likely speed up their process of paring down QE3.
None of the stuff advocated by the foreign affairs article is going to happen. Its just a liberal loyalist saying he’s down for his better’s cause whatever his better’s cause may be.
In any case the oil patch is printing ten times more real money than the feds are printing fake money. That’s what’s driving the economy right now and saving the USA from keeling over.
It's time for the "[And] [So] It Begins" drinking game! Every time someone posts the oh-so melodramatic, overwrought, histrionic, overdone, sensational and ominous
"[And] [So] It Begins"
- we take a drink!!
And So It Begins....
And so it begins
And so it begins.
And so it begins...
And so it begins.
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So it begins...
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And so it begins:
And so it begins.
So it begins,
So it begins.
And so it begins
and so it begins.....
And so it begins.
and so it begins.
And so it begins
And so it Begins….
A Romney we can respect (So it begins)
And So It Begins (Dollar Warnings)
And So It Begins! (And so it begins)
And so it begins....
(And So It Begins)
And so it begins again.....
School Is Renamed For Obama (And so it begins...)
So it begins.
And so it begins.
And so, it begins.....
And So It Begins...
And so it begins!
And so it begins.
And so it begins.
(so it begins...)
And so it begins.
And So It Begins.
And so it begins:
And so it begins...
And so it begins....
And So It Begins
(So it begins)
And so it begins?....
and so it begins.
So it begins.
And so it begins......
And so it begins..............................
So it begins.
And so it begins.
So it begins.
And so it begins.
So it begins.
It Begins…
So it begins.
It begins.
While this list is not complete, it demonstrates the fun you and your family can have at home while kissing your own butt goodbye!!