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1 posted on 10/13/2009 8:34:29 AM PDT by BGHater
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To: BGHater


2 posted on 10/13/2009 8:48:54 AM PDT by Diogenesis ("Those who go below the surface do so at their peril" - Oscar Wilde)
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To: BGHater

Reinvigorating the economy is a good start, but first this nation must erase the debt. I am a financial neophyte, but what would be wrong with a two pronged assault whereby the govt has the Fed print a Trillion extra dollars up, gives them to the Chinese, then has a new currency call Federal Dollars ready to go, with the backing of gold and silver? This would of course mean that all privately held money would be worthless, but the money now held will be worthless soon anyway. As a matter of fact, isn’t there at least a trillion dollars floating around right now? We could just pay them off and cut that much from this years planned spending. A 4 month furlough for ALL NONESSENTIAL federal workers would cover the cost. Of course that would have to be followed with drastic cuts in spending, and a committment to balanced and lean budgets. The alternative is not pretty, so why wait Mr. Hope and Change? Heck, why can’t we just have the Federal Reserve print up 11 Trillion dollars, pay off all of the debt, then call it a mulligan? Screw the Fed, screw everybody.....others have done it, and we could bring the military home to defend our borders.


3 posted on 10/13/2009 8:51:14 AM PDT by runninglips (It was just time for this to come to a head.....)
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