He speaks the truth. If you think you can pay back debt by printing money, I don't think so. We made 2 trillion dollars of debt in the past 6 months, how the hell do you expect that to be paid back when we aren't EXPORTING enough? You don't. Right now we're spending money that other countries are investing in us in bonds, wait til that stops.

Government doesn't know what they're doing. By now GM should have been liquidated and we would be recovering, but now they're still dragging it out. Wait til the whole economy hits the fan after no one wants to invest in the dollar anymore.

 

we will be fine. We will just print more. hahahha that will solve everything.

 

Yea, I agree inflation will solve it INTERNALLY. =P But when our couple bucks used to be a Walmart made in China Cup, turns into 20 bux for the same thing. We're in trouble!

 

nope, we will just print more!!!

see, i could be president.

 

honestly, its really scary how the government is doing the same thing all over again and expecting a different result.

 

Yea, you'd think we'd learn what happened in the depression, even by the late 1930's the unemployment was 18%. Imagine what it will be here once people stop investing in the dollar.

 

In post WWI Germany; the government decided it was a good idea to simply print a ****-ton of money to cover up for the fact they had none.

Soon inflation hit and people were using wheelbarrows to carry the cash that was needed for a loaf of bread at the store.

 

i want a wheelbarrow full of cash





















(at current market price kthnx)

 

Take your cash...I'll take the gold.

 

I think that's pretty close to one of the clinical definitions of insanity.

 

Obama says we are "out of money".

No kidding!

Got a good link here for Goldilocks and the 3 bags of ****.

http://www.zefrank.com/theshow/archi...11/112006.html

 

Wait, who's hole am I in?

 

he is wearing masscara

epic fail

and how is the only thing that he is focusing on is medicare and medicade?

 

hyperinflation googogog

p.s. ron paul is a smart guy!

 

Look at it this way; if it becomes prohibitively expensive to produce internationally due to the low value of the USD, then manufacturing might relocate to the U.S. to save $$. Maybe it's the 'socialist master plan' we haven't uncovered yet, lets flush this idea out...

US Govt bails out private industries, industries contract to rebuild on home soil because its cheap & subsidized, govt owns controlling stake in industry that post-rebuild has a renaissance and major profits, govt starts raking in the dough from nationalized industries.

Does US govt pay back international bond holders (China), or tell them to **** off since its coffers are flush with cash, and domestic production far outweighs imports of similar products? (Tiny Tim is a big boy and doesn't need your crutch anymore)

US Govt. could then either re-sell the nationalized industries to private backers in order to accrue more cash, or keep said industries outright. US Govt. could also take some or all of profits from the nationalized recovered industry and fund universal health care, overhaul tax code to a flat tax system, overhaul social security & ensure its perpetuity, or make nationwide capital improvements/WPA type projects.

I'm just spit balling here people, but does this sound plausible? Maybe I had too much sugar today...