GDP, cash for clunkers, dollar, debt, depression
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8 dislikes? How the fuck can you not like this? How can you disagree with this? Please reply!!!
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@greetingsearthlings1 Ron Paul is a great guy as well
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SchiffReport my msn in profile! GDP, cash for clunkers, dollar, debt, depression
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The broken window falacy is a good way to explain the damage destroying assets causes.
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It's the governments economy not the peoples any more... We lost the battle with big government
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It would have been nice if cash for clunkers was geared toward American made cars exclusively, but that would be considered and illegal subsidy and violate trade agreements. Cash for clunkers was too generous and gave too much money for only a marginal improvement in fuel economy. If the fuel economy rules were tightened and the cash reward reduced I would be much more supportive of the program. The economy is against a brick wall with oil production peaking, so its think outside the box time.
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"...everyone under 25 over 250,000 in theres and my lifetime..." This is why the end value of the US dollar is ZERO! No FIAT currency has ever endured the ravages of time. Short of nationalizing the Federal Reserve and eliminating or curtailing fractional reserve banking, the US National debt is completely unrepayable. No country's currency has ever lasted once the national debt got to the point of no return. I doubt the US dollar will last more years.
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Now broadcasting from motel 6
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@baigandine - your words in the mind of a person. And then he stands in front of a Car Dealer and gets this "great" offer to buy a new car and is offered "cash" for his clunker. Reason vs. Emotion.
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Peter I have been following your insight for a few years now and just wanted to say thank you. Thank you for telling the truth and trying to advise people on what's really going on. Keep up the great work.
soul71 2 years ago 15
1 million seconds ago was 12 days ago
1 billion seconds ago was 1974
1 trillion seconds ago was 29,700 BC
Our national debt is over the 10 trillion mark and growing.
Obamas spending just since he has been in office will tax
everyone under 25 over 250,000 in theres and my lifetime
thats not counting all the debt we already have.
we cant afford obama or any one like him! I want to throw all the bums out! Dems and Rep's!
WE THE PEOPLE ARE MAD AS HELL!
ALAN KEYES 4 PRES!
greetingsearthlings1 2 years ago 9