Community | July 31, 2011 | 4 comments

Solved! No New Taxes, No Program Cuts, Just Grow The Economy

source: http://www.nytimes.com/2011/07/31/business/economy/sure-cure-for-debt-problems-is-economic-g...

"Back in the Great Depression, Washington tightened its belt with disastrous results. Congress severely reduced spending in 1937, plunging the economy back into the hole. Ultimately, that meant even more federal borrowing"


http://www.nytimes.com/2011/07/31/business/economy/sure-cure-for-debt-problems-i...
  1. groups:
    Community,   Progressives United,   The Reform Revolution,   Question of the Day???
  2. tags:
    Economy,  Wall Street,  Taxes,  Great Depression,  3 more
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4 comments // Solved! No New Taxes, No Program Cuts, Just Grow The Economy

  • EdJoyProductions
  • PressCore
    • 0
      PressCore  

    • The economy per se is based on a Ponzi Scheme monentary system
      where essential goods & services, and the production of semi/precious
      metals to represent that wealth isn't the basis of an economy. It's debt
      based worthless paper converting our wealth into theirs that's the basis.
      If the economy were a person, how could that person have any health
      with a gigantic parasite sucking it's life force away ? The corrupt rotten
      to the core system we're saddled with because of the Federal Reserve
      Act is inherently draining and self destructive. It's monstrous to support
      a Bankster system which only feeds global Banksterism. The kind that
      puppeteers the use of NATO to attack Libya after the CIA destabilized it
      by supporting thugs as rebels. What was the first thing the rebels did ?
      The CIA puppets did as they were told to do, and established a Fed
      central bank. That country has oil and water in abundance. Those are
      the 2 essential commodities which drive all the industrialized countries
      of the world. A country w/only 4 Million excelled, on its own, in producing
      a man made aquifer river project which is the envy of the entire world.
      My point is that Nobama wanted to give more power to the Fed instead
      of reforming the economic situation. The others blaming him are surely
      hypocrits, yes. And they're no better or more incompetent than he is.

    • 10 months ago
  • letsliveinpeace
  • letsliveinpeace
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