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<br><div><div>On Mar 26, 2009, at 4:32 PM, Dan'l Danehy-Oakes wrote:</div><br class="Apple-interchange-newline"><blockquote type="cite"><p style="margin: 0.0px 0.0px 0.0px 0.0px"><font face="Georgia" size="5" style="font: 16.0px Georgia">I'm talking about the gummint going bankrupt, silly boy.</font></p> </blockquote><br></div><div>Gummints don't go bankrupt, having produced nothing in the first place. They may print money, which will devalue all the goods and services of the society and bring about its ruination, of course. They have that power, but they don't have the power to create money in the original sense of the word, as a store of value. You may or may not be aware that businesses don't pay taxes either, individuals do. Businesses pass them along to their customers to pay.</div><br><div> <span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Georgia; font-size: 16px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-align: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0; "><div>Steven Bowen</div><div><a href="http://bowenfinearts.com">http://bowenfinearts.com</a>/</div><br class="Apple-interchange-newline"><br class="Apple-interchange-newline"></span> </div><br></body></html>