Question: What kind of government seeks to make a profit on money that it can issue freely and without limit and when doing so serves no public purpose?
Answer: The U.S. government, on the belief that it has no dollars and must, therefore, engage in profit seeking enterprise.
While some folks may be cheering this (maybe even some of our "leadership"), the fact of the matter is, it's categorically insane.
First off, those are profits that could have been earned by the private sector and, secondly, what good does it do to load your citizenry up on debt when the economy is not creating the jobs needed to pay those loans back?
There is no greater asset to any nation than a well educated citizenry, but apparently the powers that be, believe otherwise. They believe profits--in U.S. dollars--are more important.
DID ANYONE TELL THESE GENIUSES THAT THE GOVERNMENT CAN ISSUE DOLLARS WITHOUT LIMIT AND VIRTUALLY AT ZERO COST??
Total, fucking idiocy.
3 comments:
When a Government is thought of as a business, and people are put in place that promise that they will run the government as a business, that is what you get.
Totally agree Mike....not to mention the psych-sociological effects of decades of debt peonage
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