galileoreloaded
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Tue Jan-12-10 10:42 PM
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91% of the $1.4T deficit was printed money....or "The Asians won't play anymore" |
galileoreloaded
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Wed Jan-13-10 01:27 AM
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cliffordu
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Wed Jan-13-10 01:31 AM
Response to Reply #1 |
2. Strange crickets on this one.... |
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But then again it doesn't begin with "OBAMA LIED"
Sorry about that. K&R!!
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galileoreloaded
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Wed Jan-13-10 01:35 AM
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3. Well Cliff, they always promised the Social Security check would be there.... |
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they just never promised what it would buy.
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cliffordu
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Wed Jan-13-10 01:40 AM
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Pretty soon those survivalist food hoarders are going to look pretty sexy to a lot of folks.....
I fully expect to be living on the streets (again) in the next 20 years at one point or another.
Just the nature of the beast.
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Truth2Tell
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Wed Jan-13-10 02:02 AM
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5. In some ways it does say "Obama lied." nt |
cliffordu
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Wed Jan-13-10 02:05 AM
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he could have let the whole scummy system collapse.
:shrug:
That would hurt me a lot less than most of the people on this board.
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Truth2Tell
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Wed Jan-13-10 02:16 AM
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8. I mean more that he has lied by omission. |
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Have you ever heard him discuss the REALITY of our financial situation with the American public? Has he ever spoken to us like adults about what the graph in the OP means? The answer is no.
The whole scummy system IS collapsing and he is in fact letting it. All the Bush/Obama bailout did was delay the process awhile and let the perpetrators make off with a few trillion more of our money before the music stops.
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cliffordu
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Wed Jan-13-10 02:23 AM
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9. No one in a position of power can seem to tell the sleeping masses |
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what's up.
And they really don't want to know, do they??
I thought this president would be a lot different than he is... we have three years left to see if we were all morons.
I'm thinking and hoping we aren't.
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hfojvt
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Wed Jan-13-10 02:14 AM
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7. so you are claiming a 1.3 trillion increase in the money supply? |
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Printed money is M1 and here are the official figures for M1 http://www.federalreserve.gov/releases/H6/hist/h6hist1.txtAugust 2008 - 1391.8 Nov 2009 - 1679.8 A 'mere' 300 billion increase. So where is the other trillion you are claiming?
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Fri Apr 26th 2024, 11:53 AM
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