On 31/07/2011 2:21 PM, BAR wrote:
In ,
says...

On 31/07/2011 7:54 AM, Beach Bum wrote:
On 7/31/2011 9:34 AM, John H wrote:

The fact that we are here today to debate raising America's debt limit
is a sign of leadership
failure. It is a sign that the US Government can not pay its own
bills. It is a sign that we now
depend on ongoing financial assistance from foreign countries to
finance our Government's reckless
fiscal policies. Increasing America's debt weakens us domestically and
internationally. Leadership
means that "the buck stops here." Instead, Washington is shifting the
burden of bad choices today
onto the backs of our children and grandchildren. America has a debt
problem and a failure of
leadership. Americans deserve better.



Barack Hussein Obama on the Debt Limit, 16 March 2006


That was pretty bright of him in 2006.

It's time for a reillumination.

Somebody up there in the White House needs to act presidential and grab
the reins.

Yes, but Bernanke didn't pull his strings.

http://en.wikipedia.org/wiki/Bernanke_Doctrine

Bernanke Doctrine? There is no Bernanke Doctrine, the guy is just trying
anything and everything Keynesian.

The reality is US DC government is kissing the banks ass. Perhaps
congress should fire Bernanke.

That is obvious. Bernanke is a one trick pony.

There is a reason why Bernake is being real quiet, he pulls all the
strings on Obama and the democrats.

Keynesian might even work if governments actually saved surpluses in
good times. But Keynesian fails miserably when financed with debt
financed through currency fraud.

Bernanke goes beyond Keynesian, as Keynes never said print/counterfeit
money. Government isn't borrowing, that is an urban myth. Bernanke
just creates the fraud money.

--
Seems like paying your bills with real money is no longer the accepted
behavior in USA. Perhaps that is the problem and not the the solution.