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The Water Cooler
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The Ten Pillar’s of Economic Wisdom
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<blockquote data-quote="Chaparral" data-source="post: 3750438" data-attributes="member: 49817"><p>Fred G Clark and Richard Stanton Rimanoczy (Chairman and President of The American Economics Foundation, 51 East 42 St., NY, NY 10017-as of 1969, the date of my book, "How We Live", where their Ten Pillars appeared). D Van Nostrand held the copyright. The Pillars possibly were on 10 plaques in the Hall of Free Enterprise at the 1964 NY City World’s Fair.</p><p></p><p>The thought the TVA or GRDA or Corps of Engineers produces electricity shows number 2 as some portion incorrect is inaccurate. I do not like strawman arguments. </p><p></p><p>the electricity produced is only accomplished after government has taken from the people. The argument a good is provided is same as saying government cheese is a good provided. Before anything could happen government had to acquire land from land owners. Taxes were collected to pay for construction. There is no risk associated to government project running out of funds and ceasing to exist. The funds are the people governed. The result of the take is then sold back to the governed just as is food stamps, Medicare, etal. There is no FIAT, it is a blank argument along the lines of our $1.6T bill will be at zero net cost and have no ill effect on the economy or increase in budget deficit. </p><p></p><p>I would be a semi-benevolent despot at best.</p></blockquote><p></p>
[QUOTE="Chaparral, post: 3750438, member: 49817"] Fred G Clark and Richard Stanton Rimanoczy (Chairman and President of The American Economics Foundation, 51 East 42 St., NY, NY 10017-as of 1969, the date of my book, "How We Live", where their Ten Pillars appeared). D Van Nostrand held the copyright. The Pillars possibly were on 10 plaques in the Hall of Free Enterprise at the 1964 NY City World’s Fair. The thought the TVA or GRDA or Corps of Engineers produces electricity shows number 2 as some portion incorrect is inaccurate. I do not like strawman arguments. the electricity produced is only accomplished after government has taken from the people. The argument a good is provided is same as saying government cheese is a good provided. Before anything could happen government had to acquire land from land owners. Taxes were collected to pay for construction. There is no risk associated to government project running out of funds and ceasing to exist. The funds are the people governed. The result of the take is then sold back to the governed just as is food stamps, Medicare, etal. There is no FIAT, it is a blank argument along the lines of our $1.6T bill will be at zero net cost and have no ill effect on the economy or increase in budget deficit. I would be a semi-benevolent despot at best. [/QUOTE]
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