reply to post by General_Salazar
Thanks for clarifying your earlier post. I don't really know or particularly care what is the cause. I only know that I am often insulted by what
passes for news and information today in this country....especially when I detect that it is designed to put me on an emotional roller coaster.
I would, however, tend to agree with your overall assessment.
In retrospect ...I have also noted this lax fingerprint in the movie industry and its writers. I get the impression that good and original writers
are a difficult commodity by which to come. Much originality and thinking/writing has become replaced with special effects. I reckon I am just not all
that impressed with special effects.
I get the impression as well. The government or whoever is the government does not want to much debate or information going on concerning this
bailout. Hence the haste to get it pushed through.
What I know about government spending ...IE ..deficit spending in a fiat money system is that in order to get the moneys to maintain
value...purchasing power...the overall tendency is for government to limit our spending abilities by taxing us. An income tax. The attempt here is
always to limit our ability to purchase in the economy we are working for and engineering ...investing, saving...while government spends unlimited
like a drunken whore. We the citizens are actually competition for government ...or whoever is the actual government in this economy. They must limit
our numbers/moneys such that we cannont outspend them or compete with thier desired programs. To cover this up and give the money system a value it
would never hold on its own..they tax us to limit the amount of money in circulation for citizens and competing for goods and services. The government
or whoever is the government is never limited ..we are the ones limited by an income tax. The income tax covers up the amount the government, or
whoever is the actual government, is stealing in competition with us for goods and services in the one working economy out here.
The problem comes when they are stealing so much that it no longer can be covered up by the means normally used.
As I recall somewhere about a year ago...or more...the M3 figures stopped being published. The amount the government was borrowing on the deficit.
This is an important tell tale of what is happening. How much the government is stealing out of the economy by fiat money creation verses working for
it as do we when we take out a loan.
Remember ..the only real power/collateral and control the government has for these deficit loans is their taxing power. They are selling the souls of
this country/peoples for easily created moneys for whatever is politically expedient today. Including this bailout. Got it now???
What we are going to have down the road if this passes is a tax increase. Also an inflation increase. Remember ..inflation is actually a tax....work
we do for which we get no goods or services...the same thing as a tax. Same result. Get a congressman or economist to tell you that one..or a news
media expert. To my limited knowledge..no one is saying this as of yet. But down the road six months to a year I see this one coming.
It should have happened already with the spending on this war. By some mechanism it has been hidden or postponed. Not readily visible as of yet.
Interesting analogy you have posted. I recall the Lockheed bail out many years ago. Some back then were asking the same question and format you have
posted. Well stated...well stated!!
Thanks to all for their posts,