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![]() wrote in message ... On Fri, 18 Jun 2010 10:46:10 -0700, "nom=de=plume" wrote: That is what scares me. This might be a framework for a real health care plan but, more likely, it will just be a huge pork barrel where they keep adding on to it until it becomes another bloated government money pit. Well, that's possible, but that's why we need to be vigilant and hold Congress accountable for what they do. How is that working out so far. I saw a projection today, using Obama's numbers that the interest on the debt will be $900 billion in a few years. That assumes interest rates are stable. Indications are they will go up sharply was world liquidity drops. It's a bit early to tell how things will ultimately shake out, but spending in general and the HC legislation HAD to happen or we'd be in much worse shape, certainly going forward. There are no "indications" that interest rates will go up sharply... what liquidity? The money supply is stable. |
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