[Jason_b]

In one sentence you were talking about default and inflating.

I was responding to that sentence.

Now I see you wrote, "We're in the drivers seat borrowing money at cheap rates."

So ok. It is cheaper to borrow from foreign central banks than to borrow from our own.

It's all credit anyway, unbacked, and unlimited.

It reminds me of the the old quote:

“Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take it [the power to create money] away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money."

Sir Josiah Stamp - Director of the Bank of England (appointed 1928) Reputed to be the 2nd wealthiest man in England at that time.

[neverdem]

Like Hillary, you're missing the point. We're using their money at a minimal rate of interest in lieu of raising taxes. Hillary's solution is to raise taxes. Do you agree with Hillary? P.S. The RINOs in D.C. couldn't cut spending. That's one reason, among others, that they have been regretably returned to minority status.

Bob Brinker is on this early this evening from 4 - 7 PM EST. Check him out. He may discuss Hillary's remarks some more.