Donkey Punch

July 3, 2007

So what now?

Filed under: Ben Franklin, Colonial Congress, Politics, Progosphere — t4toby @ 11:50 am

I’m all like, “Whaaaa!!!”

Dennis Perrin has a blog today that poses an interesting question. How are Democrats any better than Republicans? I have some surface, ‘lesser of two evils’ sort of responses, but is it the party, or the system? If it is the system, what can be done?

This is an ongoing conversation. The obvious answer is ‘Revolution!’. But how will that work? Violence begets violence. Sure it offers a short term solution, but the underlying problems don’t go away.

During the Revolutionary war, the Colonial Congress issued bonds, or IOUs, that they never even intended to pay off. In fact, they issued close to $241 million of them. Check out this quote from Ben Franklin:

“This currency, as we manage it, is a wonderful machine. It performs its office when we issue it. And when we are obligated to issue an excessive quantity, it pays itself off by depreciation.”

The money in question was a six dollar bill. At the beginning of the war, $6 was a private soldiers pay for an entire month. By the end of the war, you couldn’t even pay for a pound of butter with the same amount. (h/t to History Detectives)

So here we have one of our most esteemed Founders willfully duping the citizenry for the good of the Country. It is endemic to the American Way. Don’t worry your pretty little head about the government. They have your best interests at heart.

Yeah, Right! I certainly feel better.

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2 Comments »

  1. Viva la revolution!!! I still say it’s probably going to take some kind of violence to reform this country. Maybe the violence will come from outside the US or maybe from within. But until Americans (and I include myself here because I’m as guilty as the next person) are shaken from our comfortable sleep, nothing is going to change.

    Comment by scout — July 3, 2007 @ 2:16 pm

  2. We still have a chance to take our government in a new direction. It is the two party system that is the tumor on our body politic. If we all go out and vote third parties come election day, we will add competitive voices to the political system that are now lacking. For those that don’t believe this can work, google third parties. These third parties have had effect in past and they can do so again!

    The scientifically impossible I do right away
    The spiritually miraculous takes a bit longer

    Comment by ClapSo — July 4, 2007 @ 12:55 pm


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