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Nov 24 2012

Infinite Debt

The reason our tax cheat Treasury Secretary gets the big bucks is that he comes up with the big ideas — like making it official that the federal government plans to run the debt up to infinity:

Attention creditors: this means you may or may not get your money back. Attention savers: to the extent the government’s monstrous debt is paid off, it will be with inflated currency.

On a tip from IslandLifer.

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  • Sam Adams

    Geithner loves infinite debt. The goberment will never run out of money; they don’t even need to print in anymore. It is Obama’s secret stash which he uses to buy things for people who will vote for him.

    And yes…the national debt will be paid off.

  • Sloppy Joe

    “Minority got Obama loan!” – Turbo Tax Timmy

  • Historic Team Indonesia

    A glorious future comrades.

  • Ghost of FA Hayek

    Let me get this straight
    The country is at risk of default, yet the trouble is the debt ceiling ?
    Geithner to the little people:
    Let them eat debt

  • True Blue

    Well, do we go the road of Weimar; or is it time to seceed from this corrupt union yet?

  • AC

    Hyperinflation is coming. Powder is dry.

  • wiemar wheelbarrow

    I’ll take a loaf of bread for 4,000,000 marks err dollars Alex.

  • bluffcreek1967

    Secession was a good idea years ago, but it’s painfully obvious now. How much more of this can we take? Both the Democrats and Republicans have betrayed the American people. They have treated our Constitution with disrespect and as a mere inconvenience. Our elected leaders have failed to represent us and have, instead, bowed to special interest groups, racial agitators and to ideologies that are decidedly un-American. Have you had enough yet?

  • Sam Adams

    bluffcreek1967 says:
    November 24, 2012 at 2:29 pm

    Secession was a good idea years ago, but it’s painfully obvious now. How much more of this can we take? Both the Democrats and Republicans have betrayed the American people.
    ____________

    Yeah, like there is no difference between the parties.

    So what is your proposal?

    BTW, Big 5 had good prices on several types of ammo yesterday till 4. They are still not bad today.

  • bluffcreek1967

    In reply to Sam Adams: Well, first of all, I agree with you that stocking up on ammo is a good idea – always has been.

    Secondly, you’re right there isn’t too much of a difference in actual practice between the two parties. On paper there might be, but the Republicans have abandoned their core principles years ago. Where were the Republicans when Bush was spending like a drunk sailor throughout his eight years?

    Thirdly, there are a variety of approaches that are being discussed, and I’m not sure yet which one of them I would support. Much of this is new to me and most others. In the next several months or even years, a lot of this will be worked – that is, if it’s going to be seriously pursued by enough Americans. We shall see. I think we need to be open to other avenues or possibilities as well .

    In the meantime, here are some practical suggestions: Don’t intentionally do business with liberal companies. Reduce your TV watching and begin reading books of a more conservatively political and historical nature. Teach your children about the errors of liberalism and the horrors it results in. Make it normal in your household to laugh and ridicule liberals and their views. Try to financially support truly conservative businesses and political groups. Arm yourself and learn how to use it well. Stock up on ammo. Tell others who will listen about the once great America you lived in, and how the New America is purely an imposter and counterfeit. Teach others about the great accomplishments of Whites, and what kinds of societies they build – which are always the envy of the world. In effect, while we might not be able to make great strides at this point since so much of this is new to us, we can do some things to help prepare our minds for a new direction and assist others along the way in supporting us.

  • bobdog

    A tourniquet can save your life.

    But it can also kill you if you leave it on too long.

    That’s the problem with quantitative easing. Sooner or later, you gotta take it off or gangrene sets in.

    Right now, we’re trying to choose between gangrene or bleeding to death.

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  • Nicki Thomas

    Sure, you can keep printing until China stops buying the notes!

  • Nicki Thomas

    Tiny Tim is forgetting that when we can no longer even pay the interest on the debt, the wheels are gonna come off.

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