The latest Encyclical by Pope Francis is a revolutionary document in which it appears Pope Francis decided that overpopulation is a bigger problem than Church doctrine, especially when the increased population is industrialized, developed and prosperous. These are exactly the positions underlying the goals of the UN Agenda 21, the White House, and most other nations. Like them, the Encyclical uses global warming as a front for a political agenda. The problem is the political agenda contradicts fundamental traditional Catholic belief and teaching. The church has always fought against birth control and abortions. Ironically, just 11 years ago the Vatican openly and actively fought the UN and the White House over these issues.
Sovereign debt isn’t like a credit card, family budget, or a mortgage, no matter how many folksy analogies politicians make. No, government debt is something altogether more sinister. When a state borrows money, repayment is on the heads of its citizenry, without expiration. At one point in the Hellenic drama Germany’s war reparations were at issue. An infinitesimally small minority of the population could recall the war, and an even smaller subset — if any — was even remotely accountable. But the point is illustrated clearly: public debt is interminable.
This trait alone is toothless without its necessary complement: enforcement. Since government revenues are generated through taxes, and government debts are future revenues spent now, then debts are simply future taxes. While this is well-covered ground, most people seem to forget that taxes are one of the only debts for which nonpayment results in prison time.
The book does indeed make those claims, but unfortunately they are false – and they are falsified by a key passage in the book itself, on page 26:- “top pharmaceutical companies are spending decreasing amounts of funds on R&D at the same time that the State is spending more … this is free riding.” So it is. Yet Professor Mazzucato’s solution to the problem is, paradoxically, even more government money for research.
It is easy to imagine how a complex system, once in existence, can, within limits, evolve under the influence of selective pressures.
The last train was scheduled to depart Sept. 3, 1939, carrying about 250 children — the largest of Mr. Winton’s transports, according to the Daily Mail. But Germany had invaded Poland two days earlier, war was declared and the borders were closed. None of the children slated to leave on that train are believed to have survived.
“Terrible,” Mr. Winton said. “It doesn’t bear thinking about.”