Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: morethanright
It's more likely House Speaker John Boehner and President Obama will hammer out a "grand bargain" that heaps trillions more debt on future generations of indentured state servants

If they were actually borrowing the money, then this statement would be true. However, this is not the case. Instead of borrowing money, they are simply expanding the money supply. So instead of heaping debt on future generations, they are simply stealing value from current generations.

The next time you go to the grocery store, take a good look at what sits in your shopping cart. If you spent the same as you spent this time four years ago, then you will have only two-thirds the groceries you were able to purchase then. And where did the other one-third of your groceries go? They ended up in the carts of all those people with EBT cards. One third of your grocery money has been stolen from you and given to others in exchange for political power. This isn't about future generations. We are getting ripped off right now.

4 posted on 01/05/2013 8:44:33 PM PST by Hoodat ("As for God, His way is perfect" - Psalm 18:30)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Hoodat
Instead of borrowing money, they are simply expanding the money supply

So why has our national debt increased by $6 trillion since Obama took office? Why are we paying debt servicing costs of about $200 billion a year?

5 posted on 01/05/2013 8:52:37 PM PST by kabar
[ Post Reply | Private Reply | To 4 | View Replies ]

To: Hoodat
Instead of borrowing money, they are simply expanding the money supply. So instead of heaping debt on future generations, they are simply stealing value from current generations.

Actually they are both borrowing and inflating the currency. But you are wrong that it's stealing from the future gnerations. They will simply refuse to pay it. So it's stealing from the fools who buy US Teasury junk bonds, and from everyone in for form of devalued money.

8 posted on 01/05/2013 9:36:11 PM PST by Hugin ("Most times a man'll tell you his bad intentions, if you listen and let yourself hear."---Open Range)
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson