And still, Obama and the asshat Democrats want to keep spending, whine about a lousy 6 billion in cuts, point at the Republicans and claim their miniscule cuts of 61 billion are the equivalent of a death sentence. What is it about, “we’re broke and in deep trouble” that those imbeciles just can’t quite grasp?
Those people are so far removed and out-of-touch with reality that we need to gas up their flying saucers and send them on their way. They really don’t “get it.” The catastrophic result of their irresponsible and reckless spending isn’t going to be partisan. It’s going to affect all of us. So those of you that want to play partisan politics, sit down and shut up while the rest of us do the real work. You people are just in the way.
The United States is on a fiscal path towards insolvency and policymakers are at a “tipping point,” a Federal Reserve official said on Tuesday.
Didn’t I just say something along those lines about a week or two ago? Yeah! I believe I did.
“If we continue down on the path on which the fiscal authorities put us, we will become insolvent, the question is when,” Dallas Federal Reserve Bank President Richard Fisher said in a question and answer session after delivering a speech at the University of Frankfurt….
He added that he does not support the Fed embarking on an additional round of quantitative easing.
I wish they’d quit with the bullshit and tell it to you straight. “Quantitive Easing” my ass. It’s printing money to buy our own debt. That’s what “Quantitive Easing” is. Same thing the Weimar Republic did. What’s the end result of “Quantitive Easing?” A worthless dollar and inflation, normally hyper-inflation. We are already experiencing inflation and a weak dollar.