Anti-Wage-Slavery, Pro-Freedom Quotations Of The Week 586-588
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Abbie Hoffman
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Curse of Plenty? Are we really to believe that no better adjustment can be made between supply and demand?
Winston Churchill
Romanes Lecture at Oxford University on June 19, 1930.
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Because we are talking about a dividend, there would be no means test. Everyone —rich, poor, and in-between —is entitled. The dividend would total about $3.6 trillion, which, not by coincidence, is the amount of new debt U.S. residents must incur each year from banks simply to exist. That borrowing, of course, is on top of borrowing in past years, because most people do not entirely pay off old loans before taking out new ones. Debt in this country in recent years has been cumulative, with interest constantly compounding. The annual dividend I have proposed would bring a halt to this “Grip of Death,”as it has been termed by British author Michael Rowbotham in his book: The Grip of Death: A Study of Modern Money, Debt Slavery, and Destructive Economics.
Richard C. Cook
Bailout for the People:
Dividend Economics and the Basic Income Guarantee
(emphasis JS)
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