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On 07/04/2011 9:04 AM, Frogwatch wrote:
Shut the govt down and bring all the troops home and furlough them. Let all the big govt parasites go find real jobs. Those of us who do not depend on the govt for income will survive and for a change the govt workers will see how the rest of us have been living. Agreed, the best way to cure debt addiction is just like heroin or alcohol addiction, cold turkey. Unless we sit firm on extreme budget cuts, we will have severe inflation as the Dems method of paying for their runaway spending but soon nobody will allow them to continue borrowing. Inflation will be their means of taxation. By this method, they will tax away the value of all of the IRA and 401K plans in pvt hands to continue to pay themselves and their union buddies. Inflation is already on a roll big time. Oil, gold, silver, copper, wheat, barley, foods -- they are not up in value, they are the same as they were a 100 years ago when gold was $19/oz. What is happening is the USD isn't worth as much today as it was yesterday (literally). Unless we have extreme cuts now, there is no future to worry about. Any savings you have will be useless. The dems will raise the tax rate in upper income people and then after a few years we will ALL be in that tax bracket due to inflation. Just like "The Goose That Laid the Golden Eggs". My guess is cuts will be token. If they don't cut at least a trillion right this year, I would not take DC efforts seriously. More importantly, US Fed Bernake has to stop new inflationary money creation. If government wants money they need to go out to the markets and pay a real interest rate and legitimately borrow real money. Firing Bernake would be good too. The man is a fraudster criminal. Dems say they care about the underclass but in reality they are simply trying to maintain their ability to take money out of the pockets of those who work and give it to their friends in govt. It is time to bring the gravy train to a halt by any means necessary. When the big bubble crashes, it will be the lower classes that hurt the worst. Upper middle class and upper classes will fair well with their oil, precious metals and must have stocks that can pass on the government created inflation. Stand firm for extreme cuts now or learn to say "Yas massuh" to your local govt bureaucrat. This is a war and wars have casualties. Agreed, when someone says sacred, sharpen the knives and start hacking. I really doubt any serious effort would leave any budget untouched be it the Whitehouse staff or the coffee machine in Guam. This is a war on chronic debt addiction. |
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