12 February, 2009

An Inconvenient Debt




And here’s your “Inconvenient Truth”:

The Congressional Budget Office has said the House and Senate bills will result in so much government debt that within a few years it will crowd out private investment, actually leading to a lower Gross Domestic Product over the next ten years than if the government had done nothing.

What a bloody SCAM! How about hitting everybody’s paycheck up there on “The Hill” and on “Wall Street”? Hey, Big O? Nobody’s talking about THAT, are they?

2 comments:

  1. It's all part of their unfolding predetermined scheme. They have to do something with their time you know, so they organize an economic collapse or engineer a new war, just a day in the life of a billionaire banker.

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  2. Inflation is next...at least the Chinese fear the inflation of the dollar, not that they can do anything about it.

    http://www.ft.com/cms/s/0/ba857be6-f88f-11dd-aae8-000077b07658.html

    Bob keeps saying the dollar won't inflate because the economy is based on typing...time will tell.

    ~Foo Fighter~

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