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On 07/04/2011 9:21 AM, Harryk wrote:
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. Just another crazy teahadist who hates America. Nope, bad debtors (including governments), lefties and money for nothing types and corrupt are what is destroying America. Looks like the USD got a **** kicking today on the markets. Oil, gold up to new highs. Rapid hyper-stagflation is coming to you. Reason is simple. If Feds can borrow as no one in the world (literally) will lend real money to them any more, creating new inflationary fiat money faster than toilet paper is actively devaluing the USD currency. Yep, Obama promised change, and you gasoline costs are going to double shortly unless congress does something really miraculous. The miracle would have to be a balanced budget and let the interest rate be set by the market. No more free ponzi money for corrupt banks and wasteful governments. There is a myth here. Government does not really control interest rates, the market does. Truth is government creates inflation moneys and loans it under value in a fraud scheme. A ponzi scheme really. Just saddles the burden on the people. Huge political con game against the people by Obama and debt addicts. |
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