Wow, ask a question and you shall receive. Ever hear of Ron Paul, if we do not stop this crazy response to a failed monetary system manipulated by centrist banking, we will be in for a Depression that makes the last look like a weekend in Tijuana. Or is this the outcome we are looking for. How do you get more people to sign up for military, give them nowhere else to go. To finish the answer, print enough fiat money to pay off the debt than set the the super inflated money supply to an actual commodity-gold, oil or maybe the most valuable commodity I see in the future-food. The current recession is just the tip of the iceburg and the crazy way this calamity is being addressed is only delaying and increasing the downturn. The same people that said, nothing is wrong-nothing to see here, are the ones we are listening to and acting on. It just goes to show; you can fool some of the people BLAH BLAH BLAH but you can fool all of the sheeple all of the time. God help us all.
David J Kramer
of WI
@
Jun 03, 2009 04:36:27 AM
Tax Credits
So what WILL work? Bush's checks to everyone flopped, cutting interest rates hasn't helped the housing markets (where do you go when interest rates are already in the low single digits?) I hear a lot of naysayers to every plan, but no one with a positive idea. Even Obama is backing off some of the things he thought would work. Until people can pay their mortgages and utilities (no small number in this frigid winter) they will not be buying frivolous things, the things Bush encouraged us to "keep shopping" for after 9-11. Since people owe money they can't repay, banks have no extra funds to loan. It's a vicious cycle, and I don't have a clue. I'm just glad my mortgage is almost paid off, and that we never owe credit card companies-we pay our bills every month in full. We also have two fully paid for cars, and except for the stock market funds, we have a little money to spend.Too bad the government and Americans don't operate as we do-don't buy anything you can't pay for!
Susan
of MI
@
Jan 14, 2009 17:00:35 PM
Hey Matt
This is great news, and I saw it here first.
Please email me if you get a chance.
Tim Kane (growthology)
of MS
@
Jan 13, 2009 18:42:01 PM
Matt Bandyk, a reporter for U.S. News, explores capitalism from where it all begins, with the entrepreneur, whose risk taking and experimentation provide the roots from which the rest of the economy grows. As much courage as it takes to create one's own business, even the entrepreneur needs some help, and this blog will look at news, trends, and practical advice for starting and running a small business.
David J Kramer of WI @ Jun 03, 2009 04:36:27 AM
Susan of MI @ Jan 14, 2009 17:00:35 PM
Tim Kane (growthology) of MS @ Jan 13, 2009 18:42:01 PM
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