Irish Eddie—-You are basically right. Money simply represents the value we give it…..however, it is more logical to use money to represent the value of, say, 100 live chickens at a market. Without money, a market owner would wind up going to the bank teller and depositing100 chickens to his account. The bank president would soon run out of cages…..not to mention fighting chicken poop and having to feed and watering chickens that he is now up to his bleeep in!
We are in the midst of a process reminiscent of the post World War One era when Germany, whose war reparations were set in Reichmarks, just printed the banknotes to cover the debt. There is no promise that the dollar will not become worthless paper as the German currency did. Only the fact that so many foreign creditors hold mountains of c-notes prevents a run and a collapse on the almighty dollar.
Simple fact: Reagan pushed the debt into the “trillion” zone from the “billion” zone, and started doubling it, and yes each trillion is a thousand billion- so big time debt came rolling in.
When you’re ashamed of your current president and need to change the subject, you talk about a president out of office over 20 years and who was an amateur in the deficit department. And, Reagan did push the USSR to the brink of disintegration, as praiseworthy a reason for deficits as was defeating Nazi Germany.
Thomas R. Williams over 14 years ago
Looks like Punk bagged a rattler for their next meal.
Neat to see the solar panel update on this classic trope of Oliphant’s; and the HDTV converter box.
davesmithsit over 14 years ago
The real price of going green.
kennethcwarren64 over 14 years ago
The cartoon shows why most of us should never go naked into the world.
So his name is Punk! He is one tough, insightfull, little, whatever he is. The rattler never had a chance.
kreole over 14 years ago
Irish Eddie—-You are basically right. Money simply represents the value we give it…..however, it is more logical to use money to represent the value of, say, 100 live chickens at a market. Without money, a market owner would wind up going to the bank teller and depositing100 chickens to his account. The bank president would soon run out of cages…..not to mention fighting chicken poop and having to feed and watering chickens that he is now up to his bleeep in!
josephwgrant over 14 years ago
Pat Oliphant ROCKS!
jgcp1 over 14 years ago
We are in the midst of a process reminiscent of the post World War One era when Germany, whose war reparations were set in Reichmarks, just printed the banknotes to cover the debt. There is no promise that the dollar will not become worthless paper as the German currency did. Only the fact that so many foreign creditors hold mountains of c-notes prevents a run and a collapse on the almighty dollar.
Magnaut over 14 years ago
the chicago hill billies before washington…they’re spreading the wealth…..ours
bikemaster over 14 years ago
BEHOLD! THE OBAMA-NATION!
d_legendary1 over 14 years ago
^Only if the cons get their way, puppy.
I see a nipple…
Dtroutma over 14 years ago
Simple fact: Reagan pushed the debt into the “trillion” zone from the “billion” zone, and started doubling it, and yes each trillion is a thousand billion- so big time debt came rolling in.
agent.007 over 14 years ago
When you’re ashamed of your current president and need to change the subject, you talk about a president out of office over 20 years and who was an amateur in the deficit department. And, Reagan did push the USSR to the brink of disintegration, as praiseworthy a reason for deficits as was defeating Nazi Germany.
lindz.coop Premium Member over 14 years ago
Folks wanted to go back in time when W took office – well here we are – happy now?