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To: randita
First of all, if you haven't watched this, it will blow your mind: 30-minute version of I.O.U.S.A.

Then, realistically ask yourself one simple question.

HOW WILL THE UNITED STATES DEAL WITH THIS DEBT?

Answer: Massive Hyperinflation.

You think we're really going to pay off the Chi-coms and the OPEC-types with strong dollars?? You think Obambi & Co. are going to do away with entitlement programs?

Sure, it looks like a 100% chance of deflation right this second, but look down the road a year or so, and you'll see that the dollar is toast.

80 posted on 01/12/2009 3:12:32 PM PST by adm5 (YOU CANNOT FIX CAPITALISM WITH SOCIALISM! -Glenn Beck)
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To: adm5
That is a very sobering video!

$53,000,000,000,000 deficit! Did I get that right? $53 Trillion?

Our family share is $350,000 Forget it fellas, I don't want to play anymore. You guys can pick up our share.

84 posted on 01/12/2009 3:57:13 PM PST by An Old Man (Use it up, Wear it out, Make it do, or Do without.)
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To: adm5
Exchanging something with no inherent value(paper) for actual goods and services is called Fraud... when the layman does it.

So in essence the US Government is going to perpetrate the largest fraud in the history of the world by Hyperinflating our currency to pay these suckers?

Wars have been started for less.

99 posted on 01/12/2009 4:36:49 PM PST by Xenophon450 ( The stain of freedom, he's washed it out... whoÂ’s rocking the cradle? I have no doubt...)
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