Nine Trillion Dollar Debt Ceiling but No Ceiling on Cheating
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© 2004 - Hansadutta das
[Posted March 17, 2006]

You are Cheated

by A.C. Bhaktivedanta Swami Prabhupada

Srila Prabhupada

MyWay, Thursday, March 16, 2006--Senate Passes $2.8 Trillion 2007 Budget

The Senate on Thursday passed an election-year budget plan forsaking President Bush's tax cuts and Medicare curbs, hours after lifting the ceiling on the national debt to $9 trillion.

BY Andrew Taylor

Treasury Secretary John Snow applauded Congress for "protecting the full faith and credit of the United States." He said it ensures that the government "can deliver on promises already made, such as Social Security and Medicare payments and aid for the victims of the 2005 hurricanes."

The present limit on the debt is $8.2 trillion.

The increase is an unhappy necessity - the alternative would be a disastrous first-ever default on U.S. obligations - that greatly overshadowed a mostly symbolic, weeklong debate on the GOP's budget resolution.

Democrats blasted the bill, saying it was needed because of fiscal mismanagement by Bush, who came to office when the government was running record surpluses.

"When it comes to deficits, this president owns all the records," said Senate Minority Leader Harry Reid, D-Nev. "The three largest deficits in our nation's history have all occurred under this administration's watch."

Morning Walk with Srila Prabhupada, Johannesburg, October 16, 1975

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Harikesa: So actually this money doesn't even exist in Vedic society—money.

Prabhupada: Money is not required. You require things. Just like instead of money, you are getting papers. Money means gold. Where is gold? You are cheated. Money means gold. So instead of possessing gold, you are possessing some paper, written there, "hundred dollars." And you are such a fool, you are satisfied. You are being cheated. Bank's cheque and currency notes, you keep it in your...—"Oh, here is my money." Is that money? Just see.

Devotee: They only do that to make it easier for them, because they've got so much money that they can't carry it...

Prabhupada: That's all right, but actually it is not money. You are befooled. You are such a fool that you accept a piece of paper as money. Therefore I say you are rascal. That is my business. If I say "Government, give me gold," and government has passed law, "No, you cannot possess gold," that means cheating. How I shall keep gold, that is my business. First of all you give me gold. It is due to me. But you are giving me paper. That means cheating is begun from you.

Harikesa: How will the government decide what my gold is and what his gold is? How does the gold get distributed?

Prabhupada: Gold coins. Formerly there was gold coins. We have seen in our childhood gold coins, silver coins. There was no paper.

Harikesa: But you have to do something to get it.

Prabhupada: Yes. I will have to do something. That is another thing. But why you are cheating me? Instead of gold, you are giving me paper.

©2004 - Hansadutta das
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