I'm hardly worried about being charged more for my credit default swaps, thank you very much. I think they can raise the prices on those as much as the fricken want.<br><br>Have fun with all the potholes, Mrs. Raynd.<br>
<br><div class="gmail_quote">On Fri, Mar 27, 2009 at 6:45 PM, <span dir="ltr"><<a href="mailto:brunians@brunians.org">brunians@brunians.org</a>></span> wrote:<br><blockquote class="gmail_quote" style="border-left: 1px solid rgb(204, 204, 204); margin: 0pt 0pt 0pt 0.8ex; padding-left: 1ex;">
This is why 'raising taxes on the rich' doesn't work, for those of you who<br>
have been paying attention.<br>
<br>
<br>
<br>
<br>
.<br>
<div><div></div><div class="h5"><br>
> On Mar 26, 2009, at 4:32 PM, Dan'l Danehy-Oakes wrote:<br>
><br>
>> I'm talking about the gummint going bankrupt, silly boy.<br>
><br>
> Gummints don't go bankrupt, having produced nothing in the first<br>
> place. They may print money, which will devalue all the goods and<br>
> services of the society and bring about its ruination, of course.<br>
> They have that power, but they don't have the power to create money<br>
> in the original sense of the word, as a store of value. You may or<br>
> may not be aware that businesses don't pay taxes either, individuals<br>
> do. Businesses pass them along to their customers to pay.<br>
><br>
> Steven Bowen<br>
> <a href="http://bowenfinearts.com/" target="_blank">http://bowenfinearts.com/</a><br>
><br>
><br>
><br>
</div></div><div><div></div><div class="h5">> _______________________________________________<br>
> Urth Mailing List<br>
> To post, write <a href="mailto:urth@urth.net">urth@urth.net</a><br>
> Subscription/information: <a href="http://www.urth.net" target="_blank">http://www.urth.net</a><br>
<br>
<br>
_______________________________________________<br>
Urth Mailing List<br>
To post, write <a href="mailto:urth@urth.net">urth@urth.net</a><br>
Subscription/information: <a href="http://www.urth.net" target="_blank">http://www.urth.net</a><br>
</div></div></blockquote></div><br>