Your Economy (No Politics)

[SilverSurfer]

"When I look at today’s economy, it’s screaming at me that the problem is people don’t have enough money to spend. It’s not telling me they have too much spending power and are over spending.

Who would not agree? (Money Contraction is the problem! and if the banks won't lend the Fed has to supply the money.. I hate that they pick winners to give it to instead of tax cuts)

Unemployment has doubled and GDP is more than 10% below where it would be if Congress wasn’t over taxing us and taking so much spending power away from us. (Now worse with the Health Care Bill)

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Paying off the entire US national debt is but a matter of subtracting the value of the maturing securities from one account at the Fed, and entering adding that valued to another account at the Fed. These transfers are non-events for the real economy, and not the source of dire stress presumed by the mainstream economists, the politicians, business people, and the media.

http://moslereconomics.com/2009/12/10/7-deadly-innocent-frauds/