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Re: Qui-Gon Kagi post# 66823

Tuesday, 08/10/2010 4:45:17 PM

Tuesday, August 10, 2010 4:45:17 PM

Post# of 140146
Well if every American didn't owe the crushing debt load they do thanks to generations of fiscal irresponsibility we wouldn't need a stimulus package in the first place. It all started with a little economic pain and the solution was just a little extra money to ease us through and then we'd pay it back later but the next cycle came and we needed a just a little more. Then the guy comes along and things are looking good so let's give it a little extra octane to push it further along and let the next guy deal with the consequences. It's never going to stop until the American people take the checkbook away from the idiots up there abusing it. The Fed is already out of bullets and the economy isn't even in the crapper yet, it's just not in everyone's comfort zone! What's next?

Banks have got money to lend already and but they aren't lending because they're afraid they won't get their money back and the assets people want to borrow against aren't worth it so what is putting more money into the system with QE going to do? Maybe we can start paying folks to borrow money, yeah that's it! Put me in line for that one. The nation cannot perpetually live outside it's means any more than any of us on this board can.

the government cannot give anything to anyone -- that they have not first taken away from someone else.

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