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On Fri, 26 Mar 2010 18:37:42 -0600, Canuck57
wrote: But after inflation the home costs say $500,000 and you only have $103,000... the cash lost purchasing value big time. But the government revenues are increasing by at least 15%. Fewer low class welshers turn in keys as rents go up. This is a dirty debtor trick, trying to devalue the value of debt with inflation. Trouble is that it isn't working the way democriter congress thought it would. It caused a depression. And the Chinese are onto this being they hold so much US government debt. Lets face it, the US government is bankrupt just like GM, no hope in every paying off it's currency debt. Not a hope in hell short of slashing 1/2 of the federal government spending. So what does Obama do to destroy the economy futher, more debt and bigger government. He might not be an anti-christ, but the next best thing too one. notice the right can only bitch. they have no solutions. they cut taxes for the rich by 75% in the last 30 years the richest 1% had a 300% increase in wealth over the last 10 years and what did it get the middle class? so now the right is bitching that the rich are suffering... and they have NO solutions. none. |
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