Right on the money! Thanks for the post.
What’s the 345 billion dollar housing bailout? Who got bailed out there? Fannie and Freddie? Housing bailout?
So true. Argentina was blighted by Peron’s “industrialism,” and remains backward despite all its wonderful natural resources and potential. Peron owned the laboring masses. Always thought that couldn’t happen here, people are too sophisticated...but after enough years of public indoctrination, they are ready to be led back to the jungle.
And no mistake, that’s where this is heading.
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The stupidest metaphor (or whatever) is this business about “borrowing from our children and grandchildren.”
“Stimulus” spending, running up debt, “monetizing” debt (otherwise known as counterfeiting), all are destructive. We are headed for disaster.
But the nature of the disaster is hyperinflation, exorbitant taxes, poverty—all of which WILL make life miserable for “our children and grandchildren.”
But “borrowing” from them is impossible—and it does not properly or usefully describe what is being done.
These people must have been reading my posts from the last couple of years. I could have written all this stuff. Oh wait, I did.
This is the very best educational article I have read as yet. A perfect description of what is happening at a lightning pace right before our eyes.
My worry is that it will go unchecked, that good men will do nothing as we watch this republic fall to ruin.
Obama is a foreigner that seeks to destroy America. He has no appreciation for what made America a great nation.
BTT!