On Sat, 24 Apr 2010 09:04:23 -0600, Canuck57
wrote:
On 24/04/2010 12:35 AM, jps wrote:
This is an excellent monologue by Bill Maher on American debt...
http://videos.mediaite.com/embed/pla...G6MZ081W3BC750
That was good! To the point, I like the satirial humor he has. In
Canada he would be called a baby killing anti-christ for suggesting
smaller government. But it is a coming. Wish our government controlled
media up here would put on his show.
it's funny. he doesn't even know that the canadian govt has proposed a
20% cut in expenditures. something that americans would never go for
because it reeks of 'centralized govt' making decisions.
the anti-big govt factor works in both spending AND cutting govt.
http://www.federalbudget.com/
http://news.bbc.co.uk/2/hi/business/8518438.stm
So how is the government making ends meet? Scary, but they just create
the money on the Federal reserve and loan it back to themselves. How
long that will go on is anyones guess, but the results are historiccally
hyper-inflationary.
?? in another post the moron said CONGRESS controlled the amount of
money in the economy. NOW he says the FED
he's an economic illterate
While technically I think the situation can be reversed, factoring in
politics and the lack of reality of the masses of voters, might as well
plan for the worst and hope the leftist big spenders come to grips with
reality. USA is broke.
notice he says zip about the biggest spenders in US history:
conservatives