On Thu, 21 Jul 2011 20:36:06 -0600, Canuck57
wrote:

On 21/07/2011 2:36 PM, John H wrote:
http://www.youtube.com/watch?v=ELkbDdPeL7I

WAFJ!! (The 'J' stands for 'joke'. You can figure out the rest.)

What the fleabaggers will not admit is that 2006 was the last year
America actually borrowed real money for the debt. 2007 the democrat
congress and Bernanke started creating trillions of new money to cover
borrowing in a ruse. The idea to zero out interest rates. So lets look
at the biggest fleabagger farce of them all, zero interest rates.

From a revenue point of view, low interest rates shot government
revenue in both feet at once. First, what sounds better, revenue on
corporate profits+dividends of 9% in 2006 w. 5% rates, or 3% in 2011 at
0 rates? Hey, dividends not aid are not taxable and no need for decent
dividends in a zero rate environment. So corporate revenue is down.

Now to the people, have a $2M IRA or 401K and retired? Hm, at 5% that
is $100k/year, highly taxable as they withdraw and spend. But at less
than 1%, not very taxable and they spend less. Government hosed its
revenue again. And guess what? They buy less stuff and the job losses
trickle to amplify the problem. Once started, a ripple effect.

Now add the threat of hyper-taxation at the civic, state and federal
levels for massive out of control debt spending. Why invest in a
Bernanke ponzi fraud currency he is counterfeiting, high inflation,
people spending less, product demand diminishing, no pricing
elasticity....just to loose money? So new investment/jobs dry up.

Fact is, Bernanke has to stop creating "free" money as it reflects back
to the poor house. It might be a debtors dream of low rates but fact is
it causes wealth, and investment wealth to diminish and dry up.

Stupid fleabaggers just will not let go of their false god of cheap easy
debt. And it has, not will, but has destroyed America.

As painful as it is, DC and the states have to ease up on borrowoing and
learn to borrow REAL money and not the ponzi fraud Bernanke wet dream of
destruction. Money has a cost, and the debtors better start paying or
it will collapse.

Fact is, USA is weak and exposed because of debt. If China wanted to,
they could just say DC, you welsh on the debt, we want no more of your
money and oil will cost you $500/barrel in no time as a currency run
occurs on the USD.

Think I am kidding? I have never seen the USD drop so fast in just two
days like I have this week.

Fact is what DC fears the most, is that Americans might discover less DC
isn't so bad and do a Belgium like government reduction. The sky didn't
fall...

Fact is the dirty selfish assed fleabaggers think debt is the only
answer to fulfill their GREED. These fleabags have no integrity.

You're a fool. Keep proving it.