Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: 10thAmendmentGuy
Um, because the Feds borrow money as well as printing it out of thin air in order to wage the WOD.

How did you come to the conclusion that the money to fund the drug war was borrowed and printed out of thin air, and the money that's actually paid in taxes went somewhere else?

114 posted on 09/01/2011 1:55:09 PM PDT by tacticalogic
[ Post Reply | Private Reply | To 113 | View Replies ]


To: tacticalogic

We know that they are borrowing 43 cents on every dollar currently, right? I’m assuming that 43 cents of every dollar spent on the federal WOD is borrowed or printed. No reason not to assume that.


115 posted on 09/01/2011 2:05:15 PM PDT by 10thAmendmentGuy ("[Drug] crusaders cannot accept the fact that they are not God." -Thomas Sowell)
[ Post Reply | Private Reply | To 114 | View Replies ]

To: tacticalogic

To elaborate, we have to assume that because of the way the feds operate. They make a budget of how much they will spend on every dept , agency, and if revenues don’t match desired outlays, they simply borrow and print the difference. The DEA is behind entitlement programs and defense in funding priority anyway.


116 posted on 09/01/2011 2:08:17 PM PDT by 10thAmendmentGuy ("[Drug] crusaders cannot accept the fact that they are not God." -Thomas Sowell)
[ Post Reply | Private Reply | To 114 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson