Posted on 06/10/2010 6:59:15 AM PDT by arthurus
There's nothing wrong with throwing a little money at a problem to make it go away. There's equally nothing wrong with throwing a little borrowed money at a problem to make it disappear, as long as you have the means to pay that borrowed money back.
But what happens if you throw a lot of borrowed money at a problem, and the problem doesn't go away?
(Excerpt) Read more at seekingalpha.com ...
POTUS Obama and the Democrat Party = Recession/Depression forever!!! Democrats, broom Obama out of office either by his resignation or impeach the destroyer of the American economy!!!
Why the gusher won’t be capped -— Slavery by debt so high it can never be repaid. Better than destruction of America.
And how exactly did the radical revolutionary enemies of America get elected?
I disagree.
Having the means to pay the money back is not the issue. This issue to consider for borrowed money is whether the specific investment the borrowed money is put into will result in more wealth generation than the cost of borrowing the money.
You can waste borrowed money if you are wealthy, but the wasting of the borrowed money will make you less wealthy. You can only do that for so long.
Dumb American voters asleep at the wheel!!! Those at the bottom of the economic totem pole (most voted for Obama) are falling deeper into poverty and despair just as all “third world” socialist, communist and facist countries do!!! Hope and Change is nowhere is sight for American minorities of all stripes!!! “Obama loves his wines and dines, while American minorities suffer devastating economic and moral declines!!!” Wake up, fools!!! The flim/flam man, Obama, is eating your lunch, your job, your future, your freedom!!!
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