Dec
09
2012
Deck the Halls With Macro Follies
There is no hope of people learning the fundamentals of sane economics from public schools or the mainstream media. Maybe this video will work:
The bottom line: so long as Keynesian lunatics who waste our money for the sake of wasting it are running the country, there will be no meaningful economic recovery.
On a tip from The Only Other Conservative in Seattle.
Obama thinks that saving is a failed policy of the past that didn’t work.
‘The School District Equivalent Of A Payday Loan’
School District Owes $1 Billion On $100 Million Loan
http://www.npr.org/2012/12/07/166745290/school-district-owes-1-billion-on-100-million-loan
How about the latest brainfart from the Occutards;
Buying up distressed consumer debt, and simply discharging it
http://www.zillow.com/blog/2012-12-04/occupy-wall-street-offshoot-wants-to-pay-off-consumer-debt/
Oh oh.
University Exam.
The government is currently borrowing 46 cents of every dollar it spends. That is like a family earning $54,000 each year but spending $100,000.
Who thinks that this problem can be solved by daddy asking for a raise?