Sunday, December 18, 2011

Tomas Edison on Public Financing of Private Projects

The people -- all of the people -- of this country created the wealth we enjoy and are the rightful owners of it. This is an excerpt from a 1921 speech by Thomas Edison:

“Now, as to paper money, so called every on knows that paper money is the money of civilized people. The higher you go in civilization the less actual money you see. It is all bills and checks. What are bills and checks? Mere promises and orders. What are they based on? Principally on two sources—human energy and the productive earth. Humanity and the soil they are the only real basis of money.

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