Government debt, is not backed by trust, collateral, or future reputation. It is backed by violence. If you loan money to a friend, and they stiff you, chances are you would never think to knock down their door in the middle of the night, place them in chains, and toss them in a dark cage for years on end. And yet, this is exactly what governments do when you do not pay the taxes the law demands. (Jeremy Locke at Lewrockwell.com)
2007-02-03
20:13:13
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4warned
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Politics & Government
➔ Law & Ethics