How embarrassing that horrible people, like Democrats, would be elected, and are elected by ostensibly educated and literate people. And now Republicans, too, who have become so repulsive as to make the Democrats seem benign by comparison.
Approximately 3,500 years ago, Moses wrote these words of warning to the Israelites: The stranger that is within thee...shall lend to thee, and thou shalt not lend to him: he shall be the head, and thou shalt be the tail. Moreover all these curses shall come upon thee, and shall pursue thee, and overtake thee, till thou be destroyed." This lending and borrowing thing was, so he says, one of the Biblical no-no's
Proverbs 22:7, "The rich ruleth over the poor, and the borrower is servant to the lender."
Apparently, Mr. Kudlow has a new definition of inflation, as prices of houses, cars, stocks, cable-television bills, bonds, insurance, taxes, fees, and a long, long list of other things that Americans buy are zooming, but they are not, according to this Kudlow fella, inflationary. Even though they are soaring in price right in front of his eyes, Mr. Kudlow opines that they are not inflationary. And he is, and I find this hard to believe, the Economics Editor of the National Review. . . . So that brings up the interesting question, "How low has National Review sunk?" If they had given him the title of Clueless Bullish Stock Tout, okay. But Economics Editor? Not in a million years!
FDR did NOT "take the United States out of the Great Depression." He merely made it worse and longer lasting, year after year, and finally the growing anger of the weary, destitute population forced that foul commie bastard FDR to manipulate things to get us into WWII so that people would start hating the Germans instead of him and his worthless collectivist rot.
The Fed's Predecessors in American History
Is Terrorism Good for the Economy?
Richard W.
Comments and opinions welcome.
Richard W.
The last I checked, 18% of federal revenue was devoted strictly to making interest payments on the National Debt.
With Dubya's totally irresponsible neglect of the Trade and Budget Deficits, it won't be long before our Government is bankrupt and we'll be taxed simply to support these debt obligations to foreign nations, and have absolutely nothing left over to run our own government.