"The only way we are going to have productive employment is to allow the private sector to create it. We don’t want jobs so we can work. We want productive jobs. Everyone in the Soviet Union had a job and they were all flat broke. We’re headed in the same direction."
"Obama’s talking about creating millions of jobs. The government can’t create any jobs. The government doesn’t have any wealth. All the government can do is redistribute the wealth that the private sector creates. And if the government is going to take resources away from the private sector, it’s going to destroy real employment opportunities and diminish our standard of living."
" The reasons countries export is to earn money to buy imports. The reason countries produce is so they can afford to consume. But America borrows to consume. "
"The Federal Reserve and excessive government caused the boom of the 20s and the depression of the 1930s by not allowing the correction, not allowing the treatment. The treatment is the liquidation. There is some pain with that treatment. The pain is the result of the mistakes made previously. ."
"It's great to spend money when you have it. But first you have to earn it. It's great to have things, but first you have to make them."
"“The reason we were so rich was because we believed in capitalism. The government was small so people were big. And we had honest money and we had higher interest rates so people would save. We used to have a double digit savings rate in this country. People bought things when they had the money. They didn’t buy first and figure out how to pay for it later. ."
"Everytime government planning has been tried,all it's done is made things worse. It didn't work in communist China, it didnt work in the Soviet Union. Barack Obama is no smarter than Khrushchev or Mao. He may think he's smarter than everyone else..."
"The economy is not going to improve because of this plan. You don’t solve economic problems by printing money. You solve those problems by working hard, saving, producing, and the exact opposite of what we are trying to do.."
"One way the government could create affordable housing is to stop propping them up with very low interest rates."
"The government can't fix the economy, it can only move our property from person to person, by taxing, borrowing, or printing more currency."
"The total cost to society is what the government spends, not just what we see it tax us"
"If devaluing currency made countries richer, the third world nations could just print themselves to a world power"
"We don't want work for the sake of work. We want work for what it produces"
"The (US Treasury)bond market is the next to collapse. The current buyers are like condo flippers looking to sell to someone else". "It's just another ponzi scheme as each buyer buys to sell until there are no buyers and it collapses"(this is because the government always needs NEW lenders for them to pay the interest and principle back to last set of lenders plus more to for new spending.)
If you think both parties in Washington think our money is theirs and you trust them to do the wrong thing, this list is for you.
If you think there is a Santa Claus who is going to get elected in Washington and cut a few taxes and spend a few trillion and jump start the economy, and get our lost money back, this list is not for you.
You can read past posts by clicking on : schifflist , I try to tag all relevant threads with the keyword : schifflist.
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sarc/
Heritage Foundation is a treasure.
It’s the “stimuseless”.
In just two short weeks, the Dems and Obama reverse all of the highly touted (er, escuse me, not so highly touted!) welfare reform created by the ‘96 Congress. And they have written in incentives to grow the rolls even more, as opposed to reducing the rolls. If a state fails to grow its welfare rolls and they fall back to last year’s levels, they lose the new funding. Oila! Guaranteed growth for the Plantation!
http://www.youtube.com/watch?v=Rooyt3ptNco And to think we all laughed at this woman saying Obama was going to pay for her gas and mortgage..