I'm watching a few posts....

... on a newspaper blog.

One of the Libertarian types learned the term "fiat money" from somebody, and sounds like Chicken Little... "The money is falling, the money is falling".

I know what fiat money is, but I can't find an example of any... ANY... modern government that doesn't use fiat money in their economy.

Can anybody help me out? Is there a modern, industrialized nation that backs their currency with gold (or whatever, since all commodities have market value).

Can you give examples of how fiat money helps the economy and that there is some cause for concern, but no need to panic?

Incidentally, in my travels, I found two good pieces about economic policy...


http://hir.harvard.edu/debt-deficits-and-modern-monetary-theory

http://www.forbes.com/sites/pascalemmanuelgobry/2012/10/19/no-the-united-states-will-not-go-into-a-debt-crisis-not-now-not-ever/

The Repubs are saying Hillary is "fair game"...

.. regarding the Hillary friend's diary entries.

I hope the Dems will use that phrase liberally in the next couple of years.

Those fucking perverts are "on the table"... those ethically challenged assholes are truly "fair game".

Will the Dems do it..? Not if recent history is any guide.

http://www.dailykos.com/story/2014/02/10/1276553/-Reince-Priebus-on-Hillary-Clinton-Everything-s-on-the-table#

Was in the doc's office today....

Fux News(?) on the TV.

(I mailed a complaint letter to the doc later today. Guy was a specialist, and I don't think I'll see him again.... I hope.)

I sat there for 45 minutes... listening with one ear.

OMFG! Those people literally NEVER tell the truth.

IRS scandal, Benghazi, Obamacare... the whole fucking RW gallery of lies and paranoia.

I knew they were nuts, but ....

That shit is toxic! There are people out there being poisoned by that shit. It's an Elk River of mind pollution.

Sorry to be such a virgin about this, but I'd never actually watched Fox.

Seen this one..?