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Thread: Obama's FY 2012 Budget

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    Re: Obama's FY 2012 Budget

    Quote Originally Posted by ricksfolly View Post
    $1.7 trillion deficit will be covered by the Fed reserve, as it always is, and added to the National debt, and no economist can accurately predict how much the debt critical mass is, or how long it will take to get there.

    ricksfolly
    Ladies and gentlemen, I present Exhibit #1 to show why the U.S. is going down the crapper. With voters like this, is it any wonder we have the idiots in Washington that we have ??

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





  3. #463
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    Re: Obama's FY 2012 Budget

    Quote Originally Posted by Gill View Post
    Ladies and gentlemen, I present Exhibit #1 to show why the U.S. is going down the crapper. With voters like this, is it any wonder we have the idiots in Washington that we have ??
    Simply amazing, isn't it, and very sad. There is no way any private citizen can operate this was as none of us can print money. Just goes to show how naive, gullible, and easily influenced some people are. Those that continue to buy the Obama rhetoric are truly brainwashed.

  4. #464
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    Re: Obama's FY 2012 Budget

    If you think this is a free market you are badly mistaken. Really our current system is crippled version of a free market. To have a real free market there needs to be only a few rules or regs, no false advertising, no coercion, enforcement of contracts, and property rights is pretty much all you need. Given the sheer size of our legal system you can clearly see we are not a free market as it is supposed to be.

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    Re: Obama's FY 2012 Budget

    Sorry have to point it out again, we are not a free market. Milton Friedman explains what a free market is and why it is the best possible choice. Please check out any of his books or google a video for one of his discussions on the subject.

  6. #466
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    Re: Obama's FY 2012 Budget

    Well we don't have a free market so your question doesn't really apply.

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