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View Diary: FEMA won't pay to rebuild Texas town after fertilizer explosion (278 comments)

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  •  Where to begin? (2+ / 0-)
    Recommended by:
    Deep Texan, PsychoSavannah

    Fact-challenged on the nature of money

    Perilously close to Conspiracy Theory

    No, we can't cause a moral hazard in a state where moral hazard is a way of life.

    Ceterem censeo, gerrymandra delenda est

    by Mokurai on Wed Jun 12, 2013 at 12:39:46 PM PDT

    [ Parent ]

    •  "fact-challenged on the nature of money" (1+ / 0-)
      Recommended by:
      ssgbryan

      surely you jest my friend.  Are you trying to say that the federal Govt's budget operates under the same exact principles as a household or business budget?

      This is the fundamental principle differentiating a currency user (you and me) vs The Currency Issuer (the Federal Govt

      There is only on entity in America with the Constitutional right to create and maintain a monetary system.....Congress

      Article 1 Section 8
      "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;"

      Are you could listen to the last 2 fed Chairman
      http://www.youtube.com/...
      http://www.youtube.com/...
      http://www.youtube.com/...

      "The Earth is my country and Science my religion" Christiaan Huygens.................... Please join our Kos group "Money and Public Purpose". The gold standard ended on August 15, 1971, its time we start acting like it.

      by Auburn Parks on Wed Jun 12, 2013 at 01:28:19 PM PDT

      [ Parent ]

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