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What's the point of cutting taxes and spending when all the money will go into bidding wars for assets converting everything we "save" into interest payments to finance?
People who squabble over the Federal budget are pulling on the ends of a chicken wing. They and the rest of us are in the gapping maw of the finance cartel who will swallow the chicken wing because they will swallow everything and everyone who nibbles on its puny metacarpus.
Landed gentry(people who owned land and sat around doing nothing but collect rent):
Banks (people who sit around and create promissory notes from thin air and sit around doing nothing but collect interest)
Where do you think mortgage money comes from? People's savings? You think everyone's $500 passbook saving account is what funded Mcmansions? No, they essentially create money on the spot and bloat the expense of housing with interest slapped on it.
The tea party's idea of an inexpensive red paint on stop signs does sound great though.
I don't think it makes much difference if we balance the budget or not.
I mean, it'd be a nice little cherry on top of an existing stable economy, but it's not the sort of thing that catapults you into runaway growth, whether you measure that by jobs or by GDP.
The whole idea behind shrinking government spending is an idea that's pushed by the wealthy banking elites, because when it comes to who gets money from the Fed, the government is their only competition.
so you believe we could run a 10 trillion dollar debt on a yearly basis and it would not affect our economy?
In both cases, it all comes down to pretty simple math.
Not really. Most households aren't trying to find new wars to start, nor are they trying to rebuild other nations that they just finished tearing ass on.
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