roundtable: Re: Federal Budget Negotiations

roundtable: Re: Federal Budget Negotiations

Re: Federal Budget Negotiations

Vigdor Schreibman - FINS (fins@access.digex.net)
Tue, 19 Dec 1995 11:17:25 -0500 (EST) 

Date: Tue, 19 Dec 1995 11:17:25 -0500 (EST)
From: Vigdor Schreibman - FINS <fins@access.digex.net>
To: roundtable@cni.org
Subject: Re: Federal Budget Negotiations
In-Reply-To: <v01520d01acfba5abdfa7@[205.177.25.158]>
Message-Id: <Pine.SUN.3.91.951219105929.742A-100000@access2.digex.net>


On Mon, 18 Dec 1995, jack hirschfeld wrote:
> 
> Vigdor:  I have always maintained that the first act of a US revolutionary
> government would be to declare all debt, public and private, null and void.
> That's the easiest and most equjitable way to settle up.  While it's true
> that this would wipe out a lot of people's life savings, the lion's share
> of appropriated wealth in this country is in the form of debt, and wiping
> the slate clean is the easiest way to begin to set things right.

  Bankruptcy provides the opportunity once every six years, I think.


> (Of course, in order for a revolutionary government to act this way, 
> there must first be a revolution... :-)

  When the US debt crisis meets its maker that time will be with us.  
Newt Gingrich & Co., are moving us in that direction (deliberately or 
not) so that in the insuing chaos he would have a chance of grab power.  
Certainly that would be his only chance with the level of popular 
disdain he holds. 


> >=========================================================
> >
> >PAY THE PUBLIC DEBT MADE BY A "POLITICS OF RICH AND POOR"
> >Vigdor Schreibman - FINS <fins@access.digex.net>
> 
> --
> Jack Hirschfeld        Where have all the flowers gone?
> jack@his.com

Vigdor Schreibman - FINS <fins@access.digex.net>

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