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View Diary: Lawrence O’Donnell Schooled GOP Strategists on Bill Maher On Republican Big Lie (VIDEO) (33 comments)

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    Debt is what fuels modern capitalism, and has been for centuries. If you can only spend what you have on hand, you'll be spinning your wheels. Debt is the mechanism by which excess capital is reallocated, presumably efficiently and productively even if obviously not always. That wingnuts cannot grasp this or that it goes against their biblical moral code doesn't make it less so.

    "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

    by kovie on Sun May 05, 2013 at 06:11:19 AM PDT

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