austrian63

Turning Japanese: The Audacity of Reality (Part 3 of 3)

Who is being alarmist? Mr. Quinn by explaining the 20 plus years of profigate spending that got us here or the President by stating that we must pass his spending package now before things get worse so we without questining it.


On Jan 30 09:28 AM BS Detector wrote:

> "This process is unacceptable to the socialist politicians who are
> in domination of the United States today."
>
> Adding the author to the list of people who use the word "socialist"
> without understanding what it means...
>
> "How about well thought out, deliberative, and effective?"
>
> Let me just point out that the Great Depression lasted for a decade
> while politicians took deliberate actions to cure it. It was only
> when WWII happened along, and government spending went parabolic,
> that the Depression was ended.
>
> "Every single dime of the $1 trillion will be borrowed. The government
> will borrow $1 trillion from foreign countries..."
>
> Rhetoric. There are lots and lots of domestic buyers of Treasuries.
>
>
> "Barney Frank and Charlie Rangel will force insolvent banks to lend
> money to companies, consumers, and deadbeats in foreclosure proceedings..."
>
>
> Alarmist nonsense.