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View Diary: We have a Hulk. His name is Bill Clinton. Watch Clinton SMASH puny god Romney today (54 comments)

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  •  Well, there are those who would argue that (2+ / 0-)
    Recommended by:
    emidesu, xxdr zombiexx

    the whole balanced budget notion is flawed.
    I'd embed the Youtube, but the site is currently down, so here's a second seminar on money to watch.

    http://youtu.be/...

    Mosler does not explain well how come our politicians keep perpetrating the hoax that there's not enough money. The reason is simply that a goodly number of them are into power and power, to be felt, has to hurt.  So, they threaten austerity to those they don't like (uppity citizens who presume to tell them what to do) and rewards to those who keep them in line (cronies and such).
    Money is a measuring stick.  What good would it do to sequester all the inches and then announce that nothing can be measured anymore?

    We organize governments to provide benefits and prevent abuse.

    by hannah on Thu Oct 18, 2012 at 01:22:47 PM PDT

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