>>>>>>>so he went back to school on someone else's money (yes, he borrowed it - which makes it someone else's dime). (Hmmm....could those school loan repayments be part of the problem, or was he one of the ones who got most of it 'forgiven'?) Still couldn't live within his salary so he went back to school yet again - on someone else's money.
>>>>>>
>>>>>>Credit is not "someone else's dime", it it a deferred payment with a price (interest). It is your own dime paid at a later date.
>>>>>
>>>>>And this money that you are lent just appeared from no where?
>>>>
>>>>Today? Yes! The money appears from thin air, see QE.x for reference. ;)
>>>>
>>>>Not to be funny but all US currency appears from no where since we went off the gold standard. All non-material backed currency itself is a promise only as good as the world believes in the strength and security of the entity of origin.
>>>
>>>but let us not forget under which prez and party the gold standard has been put to rest.
>>>While I agree with the base conservative (/rep) ideas of small gov, some of the biggest blunders
>>>have been made under conservative rule - over here as well ;-)
>>
>>I was pointing out the reality of non material-backed currency, I was not rendering a judgement on the practice.
>
>Realized that and was not meant in a "counter" way.
>
>It is just that I find the attitude of some other conservatives (here and in toto)
>that only conservatives can heal the debt situation as appaling
>as the nanny state ideas of "progressives" and
>religious "arguments" from the whole spectrum,
>beginning with Darwin-doubting conservatives to extreme "sharia to rule the world" POV.

Please don't misunderstand me, I don't believe for a second that conservatives can heal the debt situation. Far from it as proven when they were given the reins. We're in a decline and the end is known to any who've studied the history of republics. The question is when. The present leaders in DC and Europe are at best going to slow the decline and at worst accelerate it. I would prefer those in power who would apply the brakes as opposed to gasoline until a game-changing leader who can rally the country to fiscal responsibility pokes their head up. No one comes to mind.