Use access key #2 to skip to page content.

alstry (35.09)

Is Benny B Really Bernie M?

Recs

9

July 24, 2010 – Comments (2)

Approaching $0.50 cents of every dollar the government spends is from borrowed money! 

50 cents?  Until the past few years, the number was never even close....more like 10% or less.

Now the question is what percentage of tax receipts comes from government borrowed money spending?

If we estimate that only a third of what is spent comes back as tax receipts, it is now clear that the vast majority of government spending is simply the consequence of borrowing money and spending it.....

a full 15% of our GDP is simply borrowing/printing and spending money that doesn't exist nor is any nation, or group of nations in the world capable of lending us such a large quantity.

Basically, it appears that Benny B is running a Ponzi Scheme policy that exceeds even the most notorious Ponzi player........Bernie M.....

could they be related?

2 Comments – Post Your Own

#1) On July 24, 2010 at 9:22 AM, alstry (35.09) wrote:

It appears the Fools are waking up......our system as we know it is over.......welcome to the Digital Age....

America Without a Middle Class

Did Capitalism Fail Ukraine?

Soon the world...yes the world, will impose a 100% tax on the rich........

Obama slams GOP plan, GOP warns of tax hikes

When you Fools simply don't produce enough to support government, there are only two choices left....take everything you have or force you to fight others to take what they have.......

NKOREA WARNS OF NUKE RESPONSE TO NAVAL EXERCISES

Did you really think there was any future for a nation that simply printed money and handed it for free to the retired, unemployed, poor, and government workers and special interest recipients?

Report this comment
#2) On July 24, 2010 at 9:27 AM, alstry (35.09) wrote:

2,000 show up at Tulsa food pantry; only 375 boxes of food...

Tulsa?

Bank failure tally passes 100 for year...

Could you imagine the number if they were forced to tell the truth? 

You can only lie for so long before reality slaps you in the face!

Report this comment

Featured Broker Partners


Advertisement