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To: evad

I might agree with you if I saw any financial restraint by the last administration as well.

The government has exploded to be un-sustainable and printing money while a problem does not hold a candle to the pensions and benefits coming.

There was a book called The Graying of America it shows over 70 trillion in legal obligations to be paid.

Unsustainable.


102 posted on 08/10/2010 4:04:05 PM PDT by edcoil (Truth's commotion is directly proportional to how deeply the lie was believed.)
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To: edcoil
The power to create money has to reside somewhere other than banks. The state bank idea is working tremendously well in North Dakota, my own ideal solution would be to have churches creating money and spending it into circulation.

BTW, have you ever figured out how fractional reserve banking works yet??

104 posted on 08/10/2010 4:24:14 PM PDT by wendy1946
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