tag:blogger.com,1999:blog-11368628.post811674133632930988..comments2024-03-28T17:49:27.846-04:00Comments on Daniel Greenfield / Sultan Knish Articles at DanielGreenfield.org : One Nation Under DebtDaniel Greenfieldhttp://www.blogger.com/profile/13575285186581875356noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-11368628.post-34468350197972523372011-09-13T00:41:40.161-04:002011-09-13T00:41:40.161-04:002 Sept 2011 http://www.washingtonpost.com/local/th...2 Sept 2011 <a rel="nofollow">http://www.washingtonpost.com/local/the-new-alchemists-blank-paper-to-greenbacks/2011/08/31/gIQAoizSwJ_story.html</a><br /><b>Lydia Washington, a spokeswoman for the bureau, says there are 1,892 employees between the D.C. and Texas facilities who in a day might produce $974 million.</b> “We set a global standard in currency production,” she says. “Our currency has never been recalled or devalued.” In other words, an old dollar is worth as much as a new dollar.MichelleInSanDiegohttps://www.blogger.com/profile/12304546637598883600noreply@blogger.comtag:blogger.com,1999:blog-11368628.post-66157696842126490562011-09-07T15:11:58.423-04:002011-09-07T15:11:58.423-04:00That's good and the rest we can agree to disag...That's good and the rest we can agree to disagree on.Daniel Greenfieldhttps://www.blogger.com/profile/13575285186581875356noreply@blogger.comtag:blogger.com,1999:blog-11368628.post-49708570232865664512011-09-07T11:18:10.210-04:002011-09-07T11:18:10.210-04:00And I really love your articles on Islam Mr Knish....And I really love your articles on Islam Mr Knish. I sincerely do. <br /><br />I love how you intertwine politics, civilization, culture and history all so poetically.Halyconnoreply@blogger.comtag:blogger.com,1999:blog-11368628.post-79171950093665461452011-09-06T09:44:25.274-04:002011-09-06T09:44:25.274-04:00There was an article up on Islam even while you we...There was an article up on Islam even while you were commenting.Daniel Greenfieldhttps://www.blogger.com/profile/13575285186581875356noreply@blogger.comtag:blogger.com,1999:blog-11368628.post-2058878584256665132011-09-06T05:01:11.090-04:002011-09-06T05:01:11.090-04:00Oh great, more articles precluding to anything but...Oh great, more articles precluding to anything but Islam.<br /><br />This is the fault of bankers who have knowingly traded in toxic loans and used powerful lobbies for deregulation and access to easy low interest money.<br /><br />It's curious how the Chinese averted this because they have restrictions on their banks such as on international trading.<br /><br />Yes the politicians are too blame but at least have the holistic sense to give blame where it's due which includes the bankers and their lemon socialism.<br /><br />The EU mostly is the result of bad politicians because they tried to shoehorn a single currency for countries that weren't suited to it, like Greece.<br /><br />At least have the honesty to admit the Communist party running China were smart enough to advert this catastrophe because they didn't believe in super-nationalism and they believed in the real economy rather than trust in the financial services who create bubbles to make massive profits.Halyconnoreply@blogger.comtag:blogger.com,1999:blog-11368628.post-18120822989051186832011-09-05T22:15:26.286-04:002011-09-05T22:15:26.286-04:00The effects of government's actions in any fie...The effects of government's actions in any field are unknown, even if the particular action corrected the circumstance the executive, legislature or court found troubling to begin with. While this assertion is an assumption, it is logical. A dynamic complex system cannot be fixed ever-ever-ever (a vase can be fixed), but will just require the allocation of more energy later on to keep it going, like a spinning top. Stability is an illusion and our addition of "requirements" or laws or regulations simply means that MORE energy will be necessary to bring about a righting or correction. It is like adding friction to a rotating wheel. It consumes more energy, if it maintains the same speed. When enough friction is added, the wheel stops turning. The system decays into chaos and equilibrium is lost to the point that is it is not recoverable. This analysis is true whether it is well understood by the actors or not, whether the actors are Liberal or Conservative, whether the actors are well-meaning or criminal in their intents. In short, it is easy to destroy even if we do not know that we are doing it. Indeed, it is the insight of those who deal with complex systems that governments are designed (not consciously) to sop up the extra energy that exists in a system. It is one way of maintaining a dynamic equilibrium. As energy in a national system declines, central governments will fade away (as in places like Afghanistan and Somalia).jlevyellowhttps://www.blogger.com/profile/05009369381088467381noreply@blogger.comtag:blogger.com,1999:blog-11368628.post-49451540297422383662011-09-05T21:50:13.297-04:002011-09-05T21:50:13.297-04:00What I want to know is who/what is most to blame f...What I want to know is who/what is most to blame for this Progressive mess? I place before the table the 19th amendment of 1920 giving women the vote. Women's voting patterns shifted the electorate towards the mirage of economic security provided by government.Andy Texannoreply@blogger.comtag:blogger.com,1999:blog-11368628.post-77951103413175847942011-09-05T09:29:23.956-04:002011-09-05T09:29:23.956-04:00"But it's still the real economy that pay..."But it's still the real economy that pays for its unreal doppelganger's bills."<br />This is so true. And also:<br />"One Nation Under Debt cannot survive for very long without either allowing a productive economy to resume or turning to slave labor."<br />Furthermore,<br />Friedrich Hayek, in his post-WWII writings, most notably <i>The Road to Serfdom</i>,argued that (paraphrasing)the Federal tinkerers who believe their tweaks and spurts are actually running the economy are in reality postponing and magnifying the corrections that will ultimately be imposed by inevitable market forces of supply and demand.careyrowlandhttps://www.blogger.com/profile/17958687878367659875noreply@blogger.comtag:blogger.com,1999:blog-11368628.post-46568372969379521702011-09-05T08:56:46.728-04:002011-09-05T08:56:46.728-04:00One world under debt could also be the headline, a...One world under debt could also be the headline, although I have not much insight how South American economies are doing, Asia of course is interlinked with Eu & USA with their local markets having no real economic impact. <br />Those countries not under debt but holding the American and European I.O.U.'s soon shall not be able to exchange them with anybody for anything of value and can not ever expect to see any of their lent money back.mindRiderhttps://www.blogger.com/profile/12160934421830568737noreply@blogger.comtag:blogger.com,1999:blog-11368628.post-43804632426375940782011-09-05T08:42:03.110-04:002011-09-05T08:42:03.110-04:00one nation under debt. that describes the situatio...one nation under debt. that describes the situation perfectly.Keliatahttps://www.blogger.com/profile/11413494251297514882noreply@blogger.comtag:blogger.com,1999:blog-11368628.post-16918724564346085052011-09-05T03:03:15.691-04:002011-09-05T03:03:15.691-04:00Yes, we are breaking apart under the weight of deb...Yes, we are breaking apart under the weight of debt.Chana @ Lemon Lime Moonhttps://www.blogger.com/profile/11656854855385193867noreply@blogger.com