Friday, January 10, 2014

War always costs more than cash on hand...updated


Custer finds a home in this sketch...I've been looking for vendors to print these - embossed cards are kind of expensive, but they would really look right. Got to figure this one out...


Updated! Added the pattern that makes it look at little more legit...here is the text that will go on the back of this 'experimental book':

War Always Costs More Than Cash on Hand 1776    1848    1861    1914       1964 ·      1776:  The Second Continental Congress declares war on Great Britain without having the money to pay for it. Started printing money, which was soon “not worth a continental.”
·      1848:  The United States declared war on Mexico, and recoups the money spent by claiming the northern third of the country in the Treaty of Guadalupe Hidalgo.
·      1861:  Faced with having to put down a rebellion, Congress passed the first income tax law, only to have Chief Justice Roger Brook Taney declare it unconstitutional.  The states ratified an amendment in time to help pay for World War I
·      1942:  The U.S. government forgives tax payers one year of federal income tax in order to implement a new system whereby estimates of taxes owed are deducted from paychecks as they are issued, with the tax payer getting any overpayment back at the end of the year.
·      1964:  The Gulf of Tonkin gives President Lyndon Johnson a “blank check” to fight the war in Vietnam as he sees fit, but no means to pay for it; Johnson hides some expenses in other parts of the budget, raises taxes, & eventually borrows money through the regular bond market, touching off a generation of inflation.


Updated! Two more sketches...very recognizably related to a credit card...I would appreciate any thoughts in the comments!


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