Re: Republicans Fuming As Obama Economy Set To Report 3% Growth
Werner
> On Oct 29, 10:29 am, Crap Detector <cicer...@rogers.com> wrote:
>
> <nothing>
>
> Nobody cares what an uneducated right wing nutcase from Canada
> thinks. The only thing you know anything about is how to lie, and it
> is apparent that you are not very good at it.
“The idea that you can fix a period of excess borrowing and excess
consumption by more borrowing and more consumption to me is just
ludicrous,”
Jim Rogers, an American
investment guru
"...government and the banking system have deliberately created
financial bubbles to shore up the economy, engender profits, and
maintain tax revenues."
http://www.rense.com/general85/chall.htm
http://www.youtube.com/watch?v=9h2x7R8pxUs&feature=related
http://www.youtube.com/watch?v=Pt4VLX96VLM
The same people who complained about the widening wealth gap now
think
the new money printing and borrowing is such a wonderful and
necessary
policy forget it helps the rich the most. The policies are intended
to
avoid depressing asset prices which has the effect of shrinking the
wealth gap. Who owns most of the assets if not the wealthy? How do
you
stop asset price deflation? By inflation. Who suffers most from
inflation? Poor people. Who benefits most from inflation? Rich people
who own assets.
Evidently change we can believe in is no change. The rich get richer
and the poor get poorer by government policy, just like always.