Comments on: The Money Market’s Mortician

By: james huggins

james huggins — Mon, 08 Aug 2011 12:39:32 +0000

we should cut spending, drastically. We don’t need to raise taxes. We need to cut taxes, and government over-regulations on our lives and businesses and see if the system won’t rebound and grow the economy. I know I sound like an over simplifying clod, but that’s what I am.

By: Dennis

Dennis — Sun, 07 Aug 2011 18:33:49 +0000

Myron, Thank You for the LINK…I just read it and sent it to a friend as well.

I recommend it and I also recommend that everyone read, yes a fictional novel, “ONE SECOND AFTER” by William R. Forstchen – farout, ONLY IF YOU BELIEVE NO FOREIGN COUNTRIES ARE HACKING OUR SYSTEMS WITH GOOD INTENTIONS. See Drudge today re London riots, Wisconsin State Fair problems, and other wonderful stories. Oh, if you haven’t already, read a book titled, “INTO THE CANNIBAL’S POT”.

We’re in one hell of a mess and I’m concerned it will get much worse – are you?

By: CompassionateFascist

CompassionateFascist — Sun, 07 Aug 2011 03:08:41 +0000

The leaders of both Parties (McC., Boner, Pelosi, Reid) are all personally invested (P. raked in $20 mil from the bailouts) in the same DebtPonzi. They’ll ride it to the bitter end, and so will we. Then, those of us so inclined will go hunting.

By: Dan Jeffreys

Dan Jeffreys — Sat, 06 Aug 2011 16:05:04 +0000

As long as the bi-factional ruling parties define “not increasing spending as much as they planned to” as cuts, you know that none of them are remotely serious about the budget.

By: Myron Pauli

Myron Pauli — Sat, 06 Aug 2011 08:02:12 +0000

Very interesting article on the (impending) Debtmageddon:

http://lewrockwell.com/north/north1014.html

By: Myron Pauli

Myron Pauli — Sat, 06 Aug 2011 04:18:25 +0000

Democrats will raise taxes to fight the deficit but will adamantly refuse to cut spending. Republicans will cut spending to fight the deficit but adamantly refuse to raise taxes. Result – no deficit cut except projected in some imaginary future… Meanwhile, more interest payments (mostly going overseas), mortgage rates go up so housing prices drop so defaults go up so the budget deficit grows while higher interest also raises the debt payment even more …. as we slide down the abyss.

But we still get to fight in Afghanistan and Libya!!
Bombing our way to financial Debtmageddon!