“Like the Germans in the ’20s, America has no politically acceptable way to pay her growing debts – except by printing more money. And now, her leading intellectuals urge her on. Cometh the hour when the feds begin to think about cutting back on their program of inflation, cometh the experts who will tell them to keep at it. ”
I called CSPAN the other day as they were interviewing Kevin Baker who wrote a ridiculous piece in Harpers on Obama to dispute its content. What I stated was that the country was broke, needed to downsize the government and eliminate unnecessary jobs just like the private sector is doing. He told me I was wrong and moved onto the next question. No reason given, just that I was wrong. The Administration is putting their propagandists in place everywhere now. They will continue to claim that their programs are working and more control is necessary….just like in Germany right before it collapsed economically.
This from Bill Bonner:
“Like the Germans in the ’20s, America has no politically acceptable way to pay her growing debts – except by printing more money. And now, her leading intellectuals urge her on. Cometh the hour when the feds begin to think about cutting back on their program of inflation, cometh the experts who will tell them to keep at it. ”
I called CSPAN the other day as they were interviewing Kevin Baker who wrote a ridiculous piece in Harpers on Obama to dispute its content. What I stated was that the country was broke, needed to downsize the government and eliminate unnecessary jobs just like the private sector is doing. He told me I was wrong and moved onto the next question. No reason given, just that I was wrong. The Administration is putting their propagandists in place everywhere now. They will continue to claim that their programs are working and more control is necessary….just like in Germany right before it collapsed economically.