The Intrinsic Value of Nothing, Part 1 [View article]
just be patient...
On Oct 27 12:34 PM Thomas J. Gordon wrote:
> A lot of us have lamented gov't spending in excess of tax take. It's > not clear to me that genuine borrowing (borrowing with the intent > of paying it back later) is inflationary. Although clearly the u.s. > is borrowing a lot more than they have in the past and you would > think that would have a bad effect somewhere, at minimum drive interest > rates up. but so far obama and geithner are getting away with it. > they are spending a ton of money they don't have and there are no > new bad effects. no inflation (defined as a rise in the overall price > level), u.s. treasury rates are low, the stock market is rising. > so when do obama and geithner pay the piper?
Significantly reduce social welfare, beginning with illegal aliens. Eliminate CalTrans and go back to local contractors. Get our kids off the electronic heroine and back mowing lawns, delivering papers & sacking groceries. Cut government salaries benefits (esp. retirement) at all levels. Bring all of our troops home. Audit the DOD & all contractors. Require a high school diploma to get a driver's license. Increase taxes on the wealthy. Mourn the death of common sense. Just some early morning ideas.
The US Dollar Elevator is Going Up! [View article]
I hope that you are right... But, everyting that I read says that you are a wide-eyed optimist. The US has sold out it's middle class & it will be a long road back, even if we start now. If you haven't noticed, great economies are not built on deficit spending.
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Latest | Highest ratedThe Intrinsic Value of Nothing, Part 1 [View article]
On Oct 27 12:34 PM Thomas J. Gordon wrote:
> A lot of us have lamented gov't spending in excess of tax take. It's
> not clear to me that genuine borrowing (borrowing with the intent
> of paying it back later) is inflationary. Although clearly the u.s.
> is borrowing a lot more than they have in the past and you would
> think that would have a bad effect somewhere, at minimum drive interest
> rates up. but so far obama and geithner are getting away with it.
> they are spending a ton of money they don't have and there are no
> new bad effects. no inflation (defined as a rise in the overall price
> level), u.s. treasury rates are low, the stock market is rising.
> so when do obama and geithner pay the piper?
Is a Crash Impending? [View article]
WE will create our future by the our actions, not our opinions.
California's Default Is Certain [View article]
Eliminate CalTrans and go back to local contractors.
Get our kids off the electronic heroine and back mowing lawns, delivering papers & sacking groceries.
Cut government salaries benefits (esp. retirement) at all levels.
Bring all of our troops home.
Audit the DOD & all contractors.
Require a high school diploma to get a driver's license.
Increase taxes on the wealthy.
Mourn the death of common sense.
Just some early morning ideas.
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The US Dollar Elevator is Going Up! [View article]
But, everyting that I read says that you are a wide-eyed optimist.
The US has sold out it's middle class & it will be a long road back, even if we start now.
If you haven't noticed, great economies are not built on deficit spending.
Commodities: Inflation Leaves Investors Little Choice [View article]