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View Diary: Initial jobless benefit claims rise to 362,000, the same as a year ago. Inflation nicks consumers (11 comments)

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  •  Sequestration is another word for rationing. (2+ / 0-)
    Recommended by:
    Meteor Blades, Spron

    We already know that rationing prompts hoarding, so the word isn't used, but that the private sector is hoarding is all the evidence we need.
    We don't usually think of money being rationed. But then, we also don't think of our currency as a man-made artifact. When we do, it becomes obvious that since we don't even use paper and ink to produce all of it any more, there's no reason for money to be scarce unless the producers want it that way.
    What we also don't think about is that, while the Bureau of Engraving and Printing actually produces and delivers the dollars, it's up to the Congress to supervise their distribution.
    Our federal government spends for the goods and services we need. Then it collects taxes to insure the currency cycles through the economy. In other words, taxes are part of the recycling process. (We should perhaps not be surprised that people who don't believe in recycling don't want the dollars to be recycled, either).

    Why would the Congress want to ration money? Perhaps it's just habit. After all, when they were doling out our natural resources to cronies, those eventually ran out. So, they had to be apportioned carefully. Perhaps that the supply of money is infinite is not understood or has them spooked. Perhaps they believe the scam that they have to borrow to spend. Perhaps they just like the feeling of having people's livelihoods depend on their mood.  If so, then the Capitol Hill Gang are deprivators of the worst kind.
    Calling them unjust stewards is mild.

    Luke 16:1-13

    We organize governments to deliver services and prevent abuse.

    by hannah on Thu Feb 21, 2013 at 08:11:22 AM PST

    •  Sequestration is another word for ROBBERY (2+ / 0-)
      Recommended by:
      Nattiq, hannah

      A hijacking and a robbery, essentially. Also known as a carjacking.

      What is the proper response to a carjacking?

      Filling up the car and handing them the keys?

      or Fighting?

      A robbery is an assault and ANY assault upon you is a licence to defend yourself.

      Or roll over like a fish - it's your life.

      I think "fighting' is the better response to a carjacking.

      Others here will definitely fill up the car and hand over the keys cheerfully.

      I think that being a victim is undesirable and effort can be taken to make some attempt to avoid it or at least not make it so easy. I don't have a philospohy that cheers losing.

      We're being robbed.

      And fucked.

      And being told to take it.

      Good Americans just lay there.

      The path of the righteous man is beset on all sides by the inequities of the selfish and the tyranny of evil men.

      by xxdr zombiexx on Thu Feb 21, 2013 at 08:33:42 AM PST

      [ Parent ]

    •  That's a wonderful way to put it (1+ / 0-)
      Recommended by:
      hannah

      I hadn't considered that corporate entities were "hoarding" cash. To rational actors, it would seem to make little sense. Then again, our corporations-who-are-people and the people-people who enrich themselves through them are hardly "rational." Greedy, duplicitous, and self-aggrandizing, yes. But rational...I don't think so.

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