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I agree with his assessment of other countries "owning us", but i'd have to disagree with his idea that a 10% "fee" from your pension, endowment or 401(k) plan to buy back U.S. debt and currency. It's just playing another shell-game. (IMO)
It is an interesting concept thought, that i'll give the author his due.
Besides, will Americans even stand for allocating 10% to help buy back debt and restore currency?!
If we, the people wanted to take this country back, the simple and logic solution, in my opinion, is to put an end to bribery of taxation on labor. Change the fundementals and restore the checks and balances once again in the U.S.
Thoughts?!
Last edited by Blue Grass Fever; 06-07-2008 at 08:51 AM..
Reason: grammar...
Bush & the Republican party got the US into this huge mess. Too bad the Democrats will need to clean up the ****! This economy & our national debt are going to be around for a while.
We're in an economic downturn. The democrats will worsen things with a democrat controlled congress and president, should Obama win. By raising taxes, with inevitably slows spending, our country will fall deeper into trouble. What we need is a true conservative president, or at least congress, to force our liberal republicans and democrats to stop spending money.
Our economy started to go downhill once democrats took control in 2006. Blame them, not Bush.
This move will be idiotic... think about it... you use 10% to pay down the debt... the government feels better with less debt so they go out and make more debt.. it doesn't solve the problem... the problem? Government overspending! Get rid of entitlements, handouts, and bailouts... you will see revenue generated and end of problem.. the problem with the government is like any other person, as long as the money belongs to someone else, nobody cares how to be fixcally responsible... personally, any state that spends and incurs debt for the federal government ought to have its taxes raised... we need to punish those who overspend and reward those that save.... the system right now doesn't do that...
I agree with his assessment of other countries "owning us", but i'd have to disagree with his idea that a 10% "fee" from your pension, endowment or 401(k) plan to buy back U.S. debt and currency. It's just playing another shell-game. (IMO)
It is an interesting concept thought, that i'll give the author his due.
Besides, will Americans even stand for allocating 10% to help buy back debt and restore currency?!
If we, the people wanted to take this country back, the simple and logic solution, in my opinion, is to put an end to bribery of taxation on labor. Change the fundementals and restore the checks and balances once again in the U.S.
Thoughts?!
I think that's the dumbest article I've read in a long time.
Bush & the Republican party got the US into this huge mess. Too bad the Democrats will need to clean up the ****! This economy & our national debt are going to be around for a while.
The National Debt has continued to increase an average of $1.59 billion per day since September 28, 2007!
Sorry, but the problem is a Congressional problem.. not a Republican/Democrat one.
Nice try Republicans under Bush have bankrupted the nation & will be held accountable this November as Congress & the White House go Democratic & stay that way for a long, long time
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Too bad the Democrats will need to clean up the ****! This economy & our national debt are going to be around for a while.
Republicans under Bush have bankrupted the nation & will be held accountable this November as Congress & the White House go Democratic & stay that way for a long, long time 
