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  •  They don't even have to raise revenues. (1+ / 0-)
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    jamess

    All they have to do is spend the currency they create. That the Federal Reserve is in charge is a convenient fiction, created by Congress to get themselves off the hook and to funnel a cut of every public dollar spent into the hands of the leisured elite.
    It used to be that there were lots of material assets to dole out. Now that those are mostly gone or put into reserve status as national parks and wilderness areas, they're doling out the bucks via bloated contracts for little product or service and by not calling back any of the profit. Instead, they want to take it out of the hides of the 99%.
    Why? Because the people not only voted wrong, but keep insisting on their right to govern. The Congress has met the enemy and it is us. Popular government. Populism. Judd Gregg quit because he couldn't stomach it.
    Imagine Downstairs telling Upstairs what to do.  The Horror!

    We organize governments to deliver services and prevent abuse.

    by hannah on Tue Jan 15, 2013 at 10:39:40 AM PST

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