dagblog - Comments for "Political Cartoon: “Getting Out of a Date Excuses”"

The cartoonist also doesn't

MrSmith1 — Fri, 02 Sep 2011 13:59:22 +0000

In reply to Well, this cartoon runs the

The cartoonist also doesn't know how to spell 'yodel'. Although, maybe it's a commentary on Republican spelling.

Well, this cartoon runs the

Dan Kervick — Thu, 01 Sep 2011 23:39:26 +0000

In reply to Political Cartoon: “Getting Out of a Date Excuses”

Well, this cartoon runs the the classic "They're both to blame" theme of the mainstream media. But of course, back in the real world the White House never tried to get out of anything.

A rose by any other name. "In

Anonymous — Thu, 01 Sep 2011 22:22:51 +0000

In reply to I thought it sounded

A rose by any other name.

"In this way, according to Smith, not just government, but all debtors have benefited at the expense of creditors."

Not so! The threat of inflation forces debtors everywhere to pay much more for credit - where they can get it at all. Even the sovereign will eventually lose to the extent that inflation raises costs and financial risks - hinders capital accumulation or even results in decapitalization - and reduces the value of commerce and tax receipts.

http://www.futurecasts.com/Smith,%20Wealth%20of%20Nations%20(I).htm

THE WEALTH OF NATIONS
by Adam Smith (Part I, Market Mechanisms)

In this review, modern terminology is frequently used for the sake of clarity.

My pleasure, Genghis. I

GotToBeMe — Thu, 01 Sep 2011 20:36:08 +0000

In reply to Thanks, GTBM. I've missed

My pleasure, Genghis. I missed Dagblog too! I hope to contribute much more in the upcoming year as well.

I thought it sounded

Michael Wolraich — Thu, 01 Sep 2011 18:57:24 +0000

In reply to The best Government, money

I thought it sounded anachronistic for Jefferson to be talking about inflation. And in fact it is...

http://www.monticello.org/site/jefferson/private-banks-quotation

The best Government, money

Anonymous — Thu, 01 Sep 2011 18:27:25 +0000

In reply to Political Cartoon: “Getting Out of a Date Excuses”

The best Government, money can buy

"If the American people ever allow private banks
to control the issue of their money,
first by inflation and then by deflation,
the banks and corporations that will
grow up around them (around the banks),
will deprive the people of their property
until their children will wake up homeless
on the continent their fathers conquered."

Thomas Jefferson

Thanks, GTBM. I've missed

Michael Wolraich — Thu, 01 Sep 2011 17:39:41 +0000

In reply to Political Cartoon: “Getting Out of a Date Excuses”

Thanks, GTBM. I've missed your comics.