Posted Sunday, December 30, 2012 03:01 AM
"If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good, makes the bill good, also.
The difference between the bond and the bill is the bond lets money brokers collect twice the amount of the bond and an additional 20%, whereas the currency pays nobody but those who contribute directly in some useful way.
It is absurd to say that our country can issue $30 million in bonds and not $30 million in currency. Both are promises to pay, but one promise fattens the usurers and the other helps the people."
- Thomas Edison, The New York Times (6 December 1921)
Posted Tuesday, October 02, 2012 09:35 AM
Voltaire on his death-bed was asked by the attending priest, "Do you now want to renounce Satan?"
Voltaire replied, "I don't think now's the time to be making enemies."