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Thread: A Fiscal ‘Tsunami’ - The government's top watchdog warns of a coming catastrophe.

  1. #11
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    Re: A Fiscal ‘Tsunami’ - The government's top watchdog warns of a coming catastrophe.

    Looks like David was an optimist.
    Hey Dana, you still around?
    If I didn't respond to your diatribe, it's possible you may have
    engaged in revisionism or broad sweeping generalizations.
    I don't have time for either, and you're probably on my IGNORE list.

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    Re: A Fiscal ‘Tsunami’ - The government's top watchdog warns of a coming catastrophe.

    I am fearful for the U.S. economy.

  3. #13
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    Re: A Fiscal ‘Tsunami’ - The government's top watchdog warns of a coming catastrophe.

    Quote Originally Posted by danarhea View Post
    Fiat money, and the Neocons' reckless spending is about to cause a very deep recession, and we are probably already past the tipping point. You know, it took centuries for the Roman Empire to fall. Bush has accomplished the same thing for America in less than 8 years. Mission accomplished.

    I have to ask what dumba$$ thought up the idea that we could print money out of nothing and get away with it? It has been tried before, and everytime it has been tried, it has failed miserably. As has been said many times, those who choose to ignore history.........

    Are illiterate buttheads America never needed. What the hell were they thinking? That Jesus would come down and restore the dollar? I guess the Devil is not only in the details, but in the harebrained idea itself.

    Article is here
    .
    Fiat money I certainly agree with. To set the blame on one party of the other I disagree with. Our current economic woes can be trace back to the New Deal and very UN-conservative fiscal policies that followed.
    From the ashes.

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