Long-ago cartoonist-of-the-absurd Rube Goldberg worked up a perpetual-motion machine “powered by Niagara Falls, which seems to run perpetually until the machine itself wears out,” recalls today’s New York Sun (which ran Rube G’s cartoons a long time ago), concluding that such a wearing-out “could yet be the fate of the Fed,” our Rube Goldbergian money machine.
Rube Goldberg’s Fed? – The New York Sun
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Published by Jim Bowman
Jim Bowman covered religion 1968-78 for the Chicago Daily News, since then has written books, articles, etc., mostly on corporate history but also on religion (Company Man: My Jesuit Life, 1950-1968), and more recently on politics (Illinois Blues: How the Ruling Party Talks to Voters -- Lulu.com, Kindle). Longtime Oak Park, Illinois, resident, he lives now on Chicago's North Side, where four of his and Winnie's six children live close by. View all posts by Jim Bowman
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