Rebudiate the Debt

Submitted by Bill St. Clair on Sat, 07 Feb 2009 09:42:30 GMT  <== Politics ==> 

Thomas Knapp has created a web site dedicated to the proposition that you and I have no responsibility whatsoever for the debt our government has created. So far, the only real content there is an essay, Instead of a Manifesto, but it's a good essay. He's also set up a group on Facebook and a Twitter account.

Helpless in the face of looming economic collapse, more and more Americans long to seize control of their own destinies but fear that they lack the means to do so.

That means, however, exists. It is the Achilles' heel of the kleptocracy, and it is nothing more than a word:

"No."

No, President Obama, we will not tolerate further unbalanced budgets. The era of deficit spending is over.

No, Majority Leader Reid and Speaker Pelosi, we will not tolerate continued service of the "national debt." You and your predecessors ran it up, but we're not going to pay it off.

No, Congressman or Congresswoman or candidate, we will not elect or re-elect you if you vote to raise the debt ceiling, or vote in favor of an unbalanced budget, or vote in favor of appropriations for debt service, or fail to support a constitutional amendment for repudiation of the debt.

No, speculators in government debt, you're not going to get over. You loaned money to the politicians in full knowledge of the fact that it could only be paid back by the sweat of our brows and on the labor of our children's backs. Our labor and our children's labor is neither yours nor theirs to dispose of. Take notice and act accordingly. Cut your losses while you can.

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Comments (1):

Actually ...

Submitted by Thomas L. Knapp on Sat, 07 Feb 2009 20:56:49 GMT

... it's George Donnelly who's building the "Repudiate the Debt!" site. I'm just helping out. Glad you like it!

Regards,
Tom Knapp

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