Wouldn't you like to borrow $trillions at 2% in which to buy up F50 companies for pennies on the dollar? I'm surprised more people don't see what is happening.
Forget these pathetic "tea parties", tax rebellion, states' rights, "wait until 2010, 2012, ..." or any other host of inconsequential activities. This game is all about the government's ability to fund debt and cover the interest costs.
Hit either and we can kill the beast.
Excellent point.
Or better yet is RAISE CORPORATE TAXES, IMPOSE A CARBON TAX, MANDATE HEALTH CARE, THEN BUY OUT THE ENTIRE STOCK MARKET FOR A FEW TRILLION IN THE NAME OF RESCUEING THE US ECONOMY. Karl Marx would be proud.
Damn, I never even considered that aspect.
And it also does wonders for his ability to wage war on the middle class. Consider this.
Dow drops to 4000. 401K's and pensions funds wiped. People run to treasuries. THEN the Feds fireup the printing presses to inflate the dollar and inflate out of the debt. Those locked securities are trashed.