Thursday, April 14, 2005


Bolton Vote Delayed

Just found out. Now if we can kill the B-Bill... which comes up today...

Since it is out of reach of legislative remedy, the only rational response is to eliminate debt, especially by paying off credit card balances and eliminating any unnecessary cards.

If we got back to a cash economy, the credit card companies may rethink the wisdom of this particular atrocity.
Exactly. And it's even more serious than that.

Our society as it is currently structured is based on people living beyond their means so the engines of commerce keep working. If people were to forego the PlayStations in favor of card games or -- Heaven forfend! -- family activities! -- then suddenly the American economy collapses, taking the banks with it.
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