Comments on: Debt, Economy, Just A credit Card Thing

By: Zippo

Zippo — Thu, 06 Oct 2011 00:07:19 +0000

Jerry, what do you make of this?

http://blogs.telegraph.co.uk/news/nilegardiner/100108992/michelle-obama’s-taxpayer-funded-spending-is-an-embarrassment-for-the-white-house/?utm_source=dlvr.it&utm_medium=twitter

By: Frederick

Frederick — Tue, 04 Oct 2011 21:35:56 +0000

How about this: End the Fed, stop taxing anything and have the US Treasury issue the $s!!

We can fire at least half the bureaucrats, all of the accountants and the US congress can spend to their heart’s content. All spending will be spread over all holding assets (rich pay more!) through the inflation that is created. All of us producers make out the best, so there is now an incentive to become a producer. Yay!

By: dog

dog — Thu, 29 Sep 2011 05:30:03 +0000

Simple statistics for simple minds. The percentage of national debt is higher under all Republican presidents starting with Reagan than the Clinton and Obama combined, according to the US Treasury Dept.
Guardian, love how you throw the read meat out for the village idiots on this blog. So predictable, so pathetic.

By: Jerry

Jerry — Thu, 29 Sep 2011 03:46:14 +0000

JIMV,

Turn off the FOX NEWS for just a second and let’s take a break from Rush Limbaugh and Glenn Beck for a few minutes and read economist Dean Baker’s take on all of these self-described “conservative” frauds who run around preaching austerity for everybody but themselves. In fact, Dean Baker reveals how self-described “conservatives” game the market — causing income to flow upward:

http://www.deanbaker.net/images/stories/documents/End-of-Loser-Liberalism.pdf

Of course, if you want to continue believing in what Glenn Beck tells you, then read this New Yorker article here:

http://www.newyorker.com/reporting/2010/10/18/101018fa_fact_wilentz

By: JIMV

JIMV — Wed, 28 Sep 2011 18:01:19 +0000

Rod, Krugman is to economists what Obama is to leaders…

Nuf said.

Jerry, the Housing Crash was the result of idiots ‘regulating’ us…that said, the prolongation of the recession is the responsibility of those who tried to spend us out of the mess with funny money.

By: Jerry

Jerry — Wed, 28 Sep 2011 12:16:11 +0000

Zippo wrote:

“How we got into this mess is nincompoops that think the financial management of governments is different than the simple ones outlined above.”

No. We got into this mess because the elites of both parties failed to see an $8 trillion dollar housing bubble.

Zippo asked:

“Are you also a political operative?”

Nope. Just a nobody who disagrees with your own obvious ideological bent.

By: Zippo

Zippo — Wed, 28 Sep 2011 05:35:56 +0000

Oh Oh, Big man on campus eats crow.

http://www.telegraph.co.uk/finance/financialcrisis/8793010/Germany-slams-stupid-US-plans-to-boost-EU-rescue-fund.html

By: Rod in SE Boise

Rod in SE Boise — Wed, 28 Sep 2011 05:08:00 +0000

Krugman is an economist, not a politically-driven hack, and his analysis of the situation and his recommendations for fixing it are exactly correct.

Krugman is a commie? Zippo, do you do stand up comedy? Hope and change would have worked but there were enough GOP economic illiterates in the House of Representatives to monkey-wrench it.

By: JIMV

JIMV — Wed, 28 Sep 2011 03:34:04 +0000

The problem is worse than described as the average family, minus all those zero’s, cannot simply print more money and in such printing, drive down the value of their neighbors money.

By: Zippo

Zippo — Wed, 28 Sep 2011 00:01:36 +0000

Jerry, they’ve been handing out the Nobel to politically driven quacks for a long time. Krugman is all screwed up and probably a commie. By the way, are you also a political operative? Kinda sounds like it. When ya gonna tell us about hope and change? Still waiting for my Obama money. How we got into this mess is nincompoops that think the financial management of governments is different than the simple ones outlined above.