6/6/11

If capitalism is supposed to involve creative destruction, should ingenuity retard without entropy?

 



We were taught in Economics 101


that countries could not for long sustain large ever-growing…deficits


 


…our country has been behaving like an extraordinarily rich family


that possesses an immense farm


 


In order to consume 4% more than they produce


 that's the…deficit


we have, day by day been both selling pieces of the farm


and increasing the mortgage on what we still own


 


Warren Buffett


 


Are the few who rationalize


considered mentally challenged


if most chose to suspend reality?


 


Is the responsibility of a country’s citizens


to protect their country from it’s  government?


 


If the American people ever allow [preditors]


 to control the issue of their currency


 first by inflation, then by deflation




 the [preditors] that will grow up...


will deprive the people of all property


until their children wake-up homeless


 on the continent their fathers conquered


 


…If a nation expects to be ignorant and free


 in a state of civilization


 it expects what never was and never will be


 


Thomas Jefferson

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