Margaret Schaut

One more conservative viewpoint on the world at large.

Archive for american financial policy

A Quick and Thorough Course in Economics

Now, perhaps you recognize where this quote comes from?

” 29. Every kind of loan proves infirmity in the State and a want of understanding of the rights of the State. Loans hang like a sword of Damocles over the heads of rulers, who, instead of taking from their subjects by a temporary tax, come begging with outstretched palm of our bankers. Foreign loans are leeches which there is no possibility of removing from the body of the State until they fall off of themselves or the State flings them off. But the GOY States do not tear them off; they go on in persisting in putting more on to themselves so that they must inevitably perish, drained by voluntary blood-letting.”


The Dirty Secret is Coming Home to Roost

Our Comptroller has resigned because of fiscal irresponsibility of our elected leaders.  He fears for the survival of the country.  Why are the candidates for President so incompetent about the economics of America, and why does everyone ignore Ron Paul who understands these matters?

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