bindlepete

Understanding Government Debt: The Treasury's Indispensable Role

Do some home work as to 1 who holds the government debt and 2 where we go is they stop buying outr paper. Argentina is a good case in point if you want to look at the real world and what can happen when the printing presses run well beyond productivity.

Further, see what we export relative to what we import. Cardboard, weapons, aircraft that arew subsidized by the taxpayer,unwanted and expensive services and some grain ( thank God) and few Yakima Apples.

If only we could find a market for our idiots.

Check out ShadowStats.com for a touch of reality and dump the " happy talk" in hopes that your distortions will keep the public quiet until you pass on. A strong dose of truth is now in order.

Deflation Is Just Around the Corner

This is pretty silly . OK gasoline is down, and housing is down unless you rent. But ehat else? Medical? Education? Food? ANYTHING YOU REALY NEED TO SURVIVE?

The new rising tax burden is on the way.

Deflation is a nice idea for us relatively fixed income retirees but it is hardly real.

Does this bozo work for the Republican Economic Propaganda folk?