#deb

President Obama is casting his lot in the middle of a debate as old as America itself: Are we rugged individualists pulling ourselves up by the bootstraps? Or are we a nation of community, all connected and counting on one another? ↗

— Ron Fournier

#another #bootstraps #casting #community #connected

Washington's answer to a self-inflicted financial crisis reminded Americans why they so deeply distrust the political class. The 'fiscal cliff' process was secretive and sloppy, and the nation's so-called leadership lacked the political courage to address our root problems: joblessness and debt. ↗

— Ron Fournier

#answer #class #cliff #courage #crisis

Today we have access to highly advanced technologies. But our social and economic system has not kept up with our technological capabilities that could easily create a world of abundance, free of servitude and debt. ↗

— Jacque Fresco

#access #advanced #capabilities #could #create

Linguistic philosophers continue to argue that probably music is not a language, that is in the philosophical debate. Another point of view is to say that music is a very profound language. ↗

— Robert Fripp

#argue #continue #debate #language #linguistic

The spectacle of a great, solvent government paying a fictitious price for gold it did not want and did not need and doing it on purpose to debase the value of its own paper currency was one to astonish the world. ↗

— Garet Garrett

#currency #debase #did #doing #fictitious

Everyone reaches their point in time where either they die or they get sick of doing drugs. It started getting debilitating. I enjoy my music a lot better than my drugs. ↗

— Al Jourgensen

#debilitating #die #doing #either #enjoy

If you look internationally over the last 50 years there have been improvements in the third world, but in the last 20 years the reverse has happened, with debt crises and increased poverty. ↗

— David Korten

#crises #debt #happened #improvements #increased

Miles added it to his life's lessons list. Call it Rule 27B. Never make key tactical decisions while having electro-convulsive seizures. ↗

— Lois McMaster Bujold

#guidebok #life-lessons #manual #rule #tactics

You cannot spend your way out of recession or borrow your way out of debt. ↗

— Daniel Hannan

#borrow #cannot #debt #out #recession

The truth, Prime Minister, is that you have run out of our money. The country as a whole is now in negative equity. Every British child is born owing around 20,000 pounds. Servicing the interest on that debt is going to cost more than educating the child. ↗

— Daniel Hannan

#born #british #child #cost #country