We are non-commercial, all volunteer and supported by our readers. Please help sustain the Dew by making a donation.
Full Faith & Credit
The Fiscal Kerfuffle
We are agitating over figments of the imagination.
We already know Obama loves him a kerfuffle. The real issue is how to get Congress to realize that their job is to spend or dispense money. Managing the currency is one of their prime responsibilities. Scrimping and hoarding is not managing. The Congress hoarding dollars is not only unseemly, but detrimental because the federal government is the only source and without money to mediate transactions, we are left with taking things on faith.
That gives a whole ‘nother meaning to “faith-based” government. Imagine if we went down to the grocer’s and said, “have faith brother; I’ll bring you something you want, later.”
Every dollar represents a debt. That’s what dollars are, IOUs. They’re like marriage certificates — providing documentary evidence that I owe you a dollop, if not a lifetime, of care and protection. “I do” = “I owe you.”
Where the cons go wrong is in thinking that what is owed is owned. That I owe you does not mean that you own me. If it did, that we all exist in an ownership society, would be correct. Ownership and obligation are not related.
- Image credit: Composite image created for LikeTheDew.com from a licensed background image - hjalmeida / 123RF Stock Photo and a screen shot from a video.
Worthy of Comment
Also on the Dew
People like Bill O'Reilly call upon people to raise themselves up while helping keep a foot on their necks. Conservatives like O'Reilly do have some kernels of truth on their side. They rightly think people should develop good character, including virtues such as discipline and responsibility for oneself. And they are rightly concerned to assure that social policies don't discourage people from developing such virtues. But after those kernels of truth, their map of the world is dominated by a river of denial. First, as Jon Stewart pointed out in his confrontation with O'Reilly, they deny how much their own ascent was boosted Read on →
When you get interested in painting you naturally look around to see what others who got this bug have done. Finding out what painters are doing in the U.S. today is like listening to rock on the radio. You have to wade through a lot of “forgettables” before you hear one that will be an “oldie” in ten years. Museums show oldies. Most of their collections have been filtered. The forgettables have been thrown out. On this painting journey you will run across an opinion that painting is dead, irrelevant, old paradigm. You can ignore that, and be sure you will en Read on →
Despicable. That's the only word for it. I refer to the recent official email "Responding to the Ebola Crisis" of October 17 from my congressional representative, Bob Goodlatte, of Virginia's 6th District. It begins by stating that "Ebola now spreading in the United States is of extreme concern [emphasis added]." The update then goes on to imply that millions of Americans have lost or will lose their health care under the Affordable Care Act ("Obamacare"). To connect the dots, which Rep. Goodlatte leaves to the reader, ostensibly to retain a fig leaf of decency: You may get Ebola, and if you do, Read on →
The ethical man keeps his hands to himself and does not destroy what he admires and loves. The ethical man does not subscribe to the excuse that “you always hurt the one you love. The ethical hurts no-one at all. Most of the electorate is probably too young to remember the perverse responses Jimmy Carter’s admission of having lusted in his heart occasioned among Republicans. In retrospect, it seems rather obvious that people, who live and die by the euphemism, were ready to believe that Carter had uttered a prevarication, as they, surely would have done themselves. Moreover, because it came out Read on →