♦ nivek ♦ Posted January 9, 2009 Share Posted January 9, 2009 More on debt repudiationKN@PPSTER by Thomas L. Knapp "In terms of visceral, gut-wrenching populist appeal, debt repudiation has a lot of potential, too, and it's nice to see that appeal exploited. For a good example, see the YouTube campaign of kids (correctly) asserting 'it's not MY debt.' Conveying the basic injustice of expecting someone else (especially a bunch of kids) to pick up the tab for spending that they had no part in is easy and effective, and the knotheads in Washington just keep making it easier with their bailouts, projections of future $1 trillion deficits, etc. The case makes itself. What it needs to succeed is a popular grassroots movement to promote it." (01/08/09) http://knappster.blogspot.com/2009/01/more...epudiation.html Link to comment Share on other sites More sharing options...
PaulQ Posted January 10, 2009 Share Posted January 10, 2009 Stealing from future generations to make things better today is something that started with the Baby Boomers; we're just seeing the natural conclusion. They may have burned up all the resources on them, which was beyond the control of future generations to prevent, but when it comes to expecting them to actually dig into their pockets and pay, they can take a stand. It had to happen eventually. Now, if only people a few generations after Adam and Eve decided to take a stand against the original sin, the Bible would have actually been a more interesting piece of fiction... Link to comment Share on other sites More sharing options...
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