In his two part article, In The Fed We Trust – Part 1 and In The Fed We Trust (Part 2): What Is Money?, Michael Lebowitz preaches that Old Time Religion with the vigor and enthusiasm of tent-revival Christianity... and all the attention to truth and evidence, logic and reason, the genre is known for.
The capitalist ruling class is running scared! <evil grin>
[T]he superstition that the budget must be balanced at all times, once it is debunked, takes away one of the bulwarks that every society must have against expenditure out of control. . . . [O]ne of the functions of old-fashioned religion was to scare people by sometimes what might be regarded as myths into behaving in a way that long-run civilized life requires.
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