Politics
Out of context: Reply #5415
- Started
- Last post
- 33,773 Responses
- tommyo0
low,
Oversight, and Time are really the only things you can do to 'fix' this problem. I just don't believe in the notion of printing up money to give to corporations and I am even more against our gov nationalizing the banks. If you think we have problems now, just wait. You can listen to 10 different economists and none of them will agree wholeheartedly on one approach, that should tell you something...we're in uncharted waters and no one is quite sure what to do about it.
It's also kind of funny to me we're a breath away from printing up another 825 billion dollars. No matter who that money actually goes to ... the middle class and poor are going to be fucked. The dollar was dropping like a rock way before this shit came down ... now pumping the economy with this much money ... and this is only the reported money ... during the last 'bailout' vote, in the week it took to pass it the second time, the FED had already pumped out 900 billion or so out the back door from what I recall. If you know how inflation works, you'll know that the people who first get to touch the money get it at current price, then as it trickles on down to us it becomes worth less and less. Now what happens to the people who are already living life on dollars and cents?
- Tommyo you should start volunteering for Palin 2012********
- The GOP Neocon's bankrupted this country! God Bless George W. Bush********
- Tommyo you should start volunteering for Palin 2012