Right Thinking From The Left Coast
The Government is merely a servant -- merely a temporary servant; it cannot be its prerogative to determine what is right and what is wrong, and decide who is a patriot and who isn't. Its function is to obey orders, not originate them. - Mark Twain

What all that borrowing will cause..
by AlexinCT

Our collectivists in DC, the same ones that won big in the last 2 election cycles by hammering the fiscal irresponsibility of the party in charge then, are now setting new records of irresponsibility. They are borrowing and printing money as if the Fed was a cash outlet for the Monopoly game. There has been talk of inflation, probably to mirror that during the last demcorat president to share the same idiotic beliefs as this one - it’s not coincidental that they are battling each other out to be remembered as being amongst the worst presidents in our history - yet so far Americans have been spared this nightmare. The crisis is however global, and as such, some other places are seeing the rise of inflation faster than we are. That’s why this news from India should scare the living bejeesus out of us. We can not escape the same fate even if we magically were to stop the course we are now set on dead in its tracks. Let’s hope we don’t end up a banana republic like those the collectivists always seem to admire and aspire to.

Posted by AlexinCT on 03/21/10 at 06:45 AM (Discuss this in the forums)

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Posted by Hal_10000 on 03/21/10 at 09:08 AM from United States

Moody’s is also warning us about debt:

http://tinyurl.com/yeb3qh3

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