Posted on 08/02/2011 11:50:58 AM PDT by jmaroneps37
too ~= to.
>> “They better all start doing some serious cutting independent of this debt ceiling bill.” <<
.
Feckless in view of where the money is really going: Interest on the treasury bonds.
We have to just cancell the bonds and pay them. Print the cash to pay the bonds; cash doesn’t pay interest. This will not have any inflationary consequences because the bonds are a part of the money supply anyway, and it will be a simple exchange. This tactic is known as “monitizing debt” but in reality the bonds were what caused the monitization when they were issued, and therin lies the inflation; i.e. it is in the past.
Obama’s friends in the Socialist run banks will scream bloody murder, but they are the thieves that created the problem over the last 100 years anyway; screw them.
Then we start cutting so that no more borrowing is necessary.
These type of articles will appear quite frequently during this campaign season.....and if you heard Obama earlier today, he's doing what does best....campaign.
Soros, with his millions and Obama with his "newly minted" trillions will have trolls on every conservative site in the universe.
Instead of getting our knickers in a twist and voting out folks who just got elected the last time, because of one or two votes you don't like, give them a chance to get some legislation that THEY helped craft, so they CAN vote for something that will be useful. Work hard to get them re-elected, and bring another couple of Tea Party folks along in other districts. We need larger numbers in BOTH houses, but especially in the Senate. The Tea Party candidates need to be of good quality, as well, so they won't spend all their time talking about pecadilloes or stupid decisions in their pasts, and not be able to get out their messages of smaller government and economic growth.
We really need to start thinking strategically, long-term, and plan to do things incrementally. That's how the libs got THEIR programs in place. They didn't try to do it all at once; they couldn't have gotten them approved, had they done that. They had patience, and they stuck together. They didn't scream and yell about ideological purity, and fight publicly against their own. That's not to say that we shouldn't go up against the GOP Establishment, but we don't need to feed the MSM's delight in their attempts to split Republicans so that even the Independents won't consider voting for the Repub. candidate in 2012. Don't play into their hands!
While I love the guy that does not change the truth of what you are saying. When Rush is on the money he is little short of brilliant. No one can treat a serious subject as wittily as he or get to the bottom of things as incisively. He is like a political surgeon during those times.
But he makes a lot of mistakes, too. He is only human.
What has bothered me of late is his use of analogies/arguments which he MUST know are inappropriate and deceptive. That kind of dishonesty I expect from a Democrat, not from Rush.
Wow! I wish I could be so mind numbingly optimistic and ignorant of history.
What I want is a strategy to victory, not another armchair general telling me how we lost. I get plenty of that here on FR. “ <<<<
Enter Rick Perry. That’s exactly what makes Rick, well, Rick. Energy, and positive, door kicking strategy. No endless platitudes, or repititious whining while wrapped in the flag. It will be fun again. He has been a master at shaping a conservative government already. It’s called wielding power.
You know what’s bizarre? The left wing websites are going bonkers today. They hate Obama nearly as much as freepers. They talk about how he was completely dazzled and befuddled by the GOP and how he acquiesced to the Tea Party.
We live in very, very strange times.
I have to wonder, though. If the left is this ticked off, then maybe it wasn’t as bad as it “could” have been....that’s putting the bar pretty low, for sure. But still....
Exactly.
Nondescript, mediocre nobodies have always found that they can get noticed and applauded if they "Bash Rush". Nothing is lower than to see someone attempting to advance themselves at the expense of someone else. Pathetic tactic.
Tea Party On!!
Cancelling bonds and paying them off when they are not callable is a violation of contract as serious as an outright default. It would have enormous negative ramifications on banks, insurance companies and private investors.
It would also be enormously inflationary as bonds are not part of the most commonly used definition of the money supply. They are not cash or checks and do not have the liquidity of either.
Our problem was not created by the banks or the government but by the People voting crooks, cranks and humbugs into office. As long as the People can be bought off nothing will change.
Operation Chaos was so successful.
rant
Half of the people on this site are completely nuts. That certain people can claim to be more intelligent than others, yet make idiotic politically deaf statements and have zero optimism is beyond me. The fact that some seem to be nothing more than bandwagon jumpers, not even knowing what they are talking about is beyond me as well. The Republicans could have a super majority of both houses of congress and a President (all the most conservative of conservative) and some here WOULD STILL NOT BE HAPPY.
/rant
“left wing websites are going bonkers today”
Barry better be careful the leftwing is very viloent, as we all know.
Yeah. Rick Perry is going to be a conservative cut from the mold of the Bush family. Uh huh. Sorry, I have been lied to too many times to believe this horse-pucky. Don’t get me wrong, I believe that Texas is about the last, best hope for this country. My problem is that I fell for the last Texas governor who ran for President and I will not be fooled again.
Suzi wasn’t even talking about history. What the heck are you talking about?
...”friends in the Socialist run banks will scream bloody murder”...
Why? what exactly is the negative effect that would have on them if they get cash for the bonds? how does that bloody them?
‘They were such dedicated Constitutionalists and Conservatives the last time these closet scum-bags controlled the three branches of government’
The last time conservative Republicans controlled the three branches of Government with a substantial majority Coolidge was President. The last time they controlled it with a super majority McKinley was President. Get a grip.
Spoken by the "true" expert who uses the screen name; "TRUTHGUY".
Typical!
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