One BIG step for Mankind!

[4plexowner]

while you were distracted today …

http://www.bloomberg.com/apps/news?pid=20601087&sid=ahwz_k5JvuB8&refer=home

[underdose]

4plexowner, thanks for posting that.

tc, not so fast. Bernanke still has a printing press, and if congress won’t allow these guys to raise the money through a treasury bill auction, they will still raise it by some other means. Instead of being taxed on your income directly, you will just have your purchase power stolen through currency debasement. And if, as it looks, all governments are turning the printing press, even if the dollar rises against Euros and such, all that means is it is falling in value at a slightly less fast pace.

[underdose]

4plexowner, thanks for posting that.

tc, not so fast. Bernanke still has a printing press, and if congress won’t allow these guys to raise the money through a treasury bill auction, they will still raise it by some other means. Instead of being taxed on your income directly, you will just have your purchase power stolen through currency debasement. And if, as it looks, all governments are turning the printing press, even if the dollar rises against Euros and such, all that means is it is falling in value at a slightly less fast pace.

[underdose]

4plexowner, thanks for posting that.

tc, not so fast. Bernanke still has a printing press, and if congress won’t allow these guys to raise the money through a treasury bill auction, they will still raise it by some other means. Instead of being taxed on your income directly, you will just have your purchase power stolen through currency debasement. And if, as it looks, all governments are turning the printing press, even if the dollar rises against Euros and such, all that means is it is falling in value at a slightly less fast pace.

[underdose]

4plexowner, thanks for posting that.

tc, not so fast. Bernanke still has a printing press, and if congress won’t allow these guys to raise the money through a treasury bill auction, they will still raise it by some other means. Instead of being taxed on your income directly, you will just have your purchase power stolen through currency debasement. And if, as it looks, all governments are turning the printing press, even if the dollar rises against Euros and such, all that means is it is falling in value at a slightly less fast pace.

[underdose]

4plexowner, thanks for posting that.

tc, not so fast. Bernanke still has a printing press, and if congress won’t allow these guys to raise the money through a treasury bill auction, they will still raise it by some other means. Instead of being taxed on your income directly, you will just have your purchase power stolen through currency debasement. And if, as it looks, all governments are turning the printing press, even if the dollar rises against Euros and such, all that means is it is falling in value at a slightly less fast pace.

[fm]

If it wasn’t an election year, things may have been different.

[fm]

If it wasn’t an election year, things may have been different.

[fm]

If it wasn’t an election year, things may have been different.

[fm]

If it wasn’t an election year, things may have been different.

[fm]

If it wasn’t an election year, things may have been different.

[kev374]

[quote=tc]Fat cats 0 : Our children 1
Tighten your belts and man up all you fat lazy Americans. Free the citizens of this country of the financial slavery imposed on us. No more indentured servitude. [/quote]

Well said. We need an attitude adjustment in this country. No more injections of money into the system on a whim, we need a real economy that is not based on accumulation of debt.

[kev374]

[quote=tc]Fat cats 0 : Our children 1
Tighten your belts and man up all you fat lazy Americans. Free the citizens of this country of the financial slavery imposed on us. No more indentured servitude. [/quote]

Well said. We need an attitude adjustment in this country. No more injections of money into the system on a whim, we need a real economy that is not based on accumulation of debt.

[kev374]

[quote=tc]Fat cats 0 : Our children 1
Tighten your belts and man up all you fat lazy Americans. Free the citizens of this country of the financial slavery imposed on us. No more indentured servitude. [/quote]

Well said. We need an attitude adjustment in this country. No more injections of money into the system on a whim, we need a real economy that is not based on accumulation of debt.

[kev374]

[quote=tc]Fat cats 0 : Our children 1
Tighten your belts and man up all you fat lazy Americans. Free the citizens of this country of the financial slavery imposed on us. No more indentured servitude. [/quote]

Well said. We need an attitude adjustment in this country. No more injections of money into the system on a whim, we need a real economy that is not based on accumulation of debt.

[Author]

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