An Honest Look at the Debt Ceiling Debate
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Uploaded by visionvictory on Jul 22, 2011
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http://online.wsj.com/article/SB10001424053111904233404576458300001332210.html
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This video is a response to Future Money Trends Report - - - Episode 2 - July 22, 2011
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You try to make it clear, but the parasites dont want to hear it.
limppimento55 6 months ago
SnP just another illuminati control tool; why treat this seriously!
bullsnutsoz 6 months ago
Memo to illuminati; dig your bunkers much deeper; Hitler would also tell you this, problem being it gets so much hotter!
bullsnutsoz 6 months ago
Who voted against raising the debt ceiling?
95 Democrats and 66 Republicans exactly - voted against the bill
The US credit rating was downgraded because the bill didn't contain enough cuts.
vechorik 7 months ago
didnt the banks ask for the government to bail them out??
are the interest rates going up after this debt ceiling increase and "cuts" ??
HumanityWins 7 months ago
@myhipsi I believe it is you that have it backwards. With deflation you have high unemployment which hurts the lower middle class and the poor. Your correct in that inflation robs purchasing power. The more purchasing power(dollars saved) you have the more you are hurt. If you have little purchasing power(dollars saved)and lots of debt high inflation greatly helps you because you can pay back your debts with cheaper dollars.
Austerity will make things worse in the short run and long run. imo
BornAgainChristian24 7 months ago
@continuityofliberty No thanks, I got MMT moslereconomics . com
BornAgainChristian24 7 months ago
stop spreading negativity, the debt ceilings been raised! life goes on, stop hoping for a catastrophe dude! sell your bullets and silver everything will be fine, you guys have been living in paranoa for years now, dont you guys realize that the governement controls the media that conjures up these phony stories, the economy is fake and controlled. Are people out in the streets rioting???no they are not!
zephyr2046 7 months ago
@BornAgainChristian24
Inflation hurts everybody as it dimishes purchasing power. It especially hurts the poor and middle class, who can't afford to loose purchasing power. The rich can afford it. So you have it backwards. The elites love inflation because it's a hidden tax.
Austerity WILL make things worse... for a while, but the silver lining is that savings will be rebuilt and everybody will be better off. Going further into debt will simply delay the inevitable, and be worse when it comes.
myhipsi 7 months ago
@superlucci I understand now we had a communications breakdown. I was more describing the definition of a free "market economy" versus "free market", where the small detail was missed. Never thought "free" as in free products. So silly. Free from gov regulation means in essence the dynamics of supply and demand work, giving people the freedom to buy/sell as they choose. A 100% free market has never existed in the US for many reasons. Clever to end and demean a debate based on semantics.
zithen2 7 months ago