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To: jmaroneps37

Hell, I’m demanding redemption and removing the ringleader (Boehner) is a great place to start.

They better all start doing some serious cutting independent of this debt ceiling bill.


5 posted on 08/02/2011 11:54:58 AM PDT by cripplecreek (Remember the River Raisin! (look it up))
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To: cripplecreek

The war isn’t over. It is time for the People to keep the pressure on.


30 posted on 08/02/2011 12:14:55 PM PDT by arrogantsob (Why do They hate her so much?)
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To: cripplecreek

>> “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.


63 posted on 08/02/2011 12:34:19 PM PDT by editor-surveyor (Going 'EGYPT' - 2012!)
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