By: Jeremy

Jeremy — Sun, 04 Jan 2009 05:37:35 +0000

“How many TRILLION can the federal government print???” – gljunket Funny! Financial revisionism. If “printing” more money out of thin air is your concern, be concerned not! It’s been going on since we abolished the gold standard to replace it with a fiat system. What’s funny is you make it sound as if this is the “New Dealian” conspiracy. Those darned liberals I tell ya! Uh? Who was it that abolished the gold standard? Could it have been a Republican? Say, a Republican by the name of Nixon? Say in the 1971A.D.? It’s quite possible. BTW, FDR didn’t “pro”long the depression nor did he initiate it. What did initiated the Great Depression then you ask? A Wall Street with wild speculation and rampant financial institutional corruption, you know? Kinda like the one today (think Enron.) The so-called fiat system is not the problem. The problem is greedy corporate bought presidents that have borrowed to finance their corrupt constituents. Let’s see “why” the U.S. government “needs” to continuously print more money. An Analysis of the Presidents Who Are Responsible for the Borrowing: http://www.cedarcomm.com/~stevelm1/usdebt.htm So, maybe it’s not the monetary system’s fault but the greedy bastards that steal while they are in office. They steal because they know they can. They can always print more money and pass the debt down to future generations. By that time they will have been long gone and all accountability will have been deflected. As it has been. Gold standard supports and fiscal conservative love to point to FDR’s New Deal as some “Socialistic” turning point which has resulted in fiscal irresponsibility ever since. But looking at the record shows otherwise. It’s both Democrat and Republican fiscal irresponsibility which has gotten us to this point. FDR is no more to blame than the Reagan-Bush administration. Two of the all-time spending administrations in U.S. history. And btw, they’ve printed money very well thank you!

By: Jimmy the Dhimmi

Jimmy the Dhimmi — Sat, 03 Jan 2009 19:58:59 +0000

what he said ^

By: gljunket

gljunket — Sat, 03 Jan 2009 17:14:50 +0000

How many TRILLION can the federal government print??? “….smarter for the federal government to simply float the states some money…..????” Nothing to it, right? When will the fiscal insanity that has gripped this nation completely bury it? How about the $350 billion that evaporated with no accountability that was so desperately needed to unlock the credit crisis so more people could borrow money to buy things they can’t afford, which is what caused the problem in the first place??? And the Obama New Deal that will spend our way out of a recession like FDR’s…..that turned a 3 year recession into a 10 year depression? No need for financial incentives in the Age of Entitlement!! No income, all outgo, makes a lot of sense!!

Comments on: States Want $1 Trillion In Rescue

By: Jeremy

By: Jimmy the Dhimmi

By: gljunket