We're now over 15 TRILLION in debt. Simple math says we can never recover from this debt. It's only going to grow higher and it does not matter whether Dems. or Repubs. are in the White House. Make no mistake about it this will not end well. Being long or short it won't matter when the dollar is worthless.
We all know its coming so in the mean time lets play the game till its over.
There's also an insider trading law. Do you think this applies to the Gov. They go by their own laws, just because it is written does not mean they go by it. The Constitution is law as well, but is being ignored by our oh so corrupt govt. I believe in the law as well but we live in differnt times now.
One Year u.s. can balance or get budget in green.
1. close all u.s.bases around the world.
2. quit giving money to any other nation for anything (no more hand outs).
3. stop unemployment pmts and all subsidies (hand outs).
4. Tax everyone not just the working .
bernank has said he can and will expand asset purchases if he wants too.
According to that law they are not suppose to be able to buy us bonds either. What they do is have the primary dealers buy the bonds then the fed buys them from the dealers a week later.
Same would happen with other assets if bernank wanted too.
you seem to not understand how our system works. the debt simply means the base money supply has been expanded.
If the velocity of money picks up and inflation starts to rise too high, bernank can sell off the us debt on the feds books to soak up dollars.
far as I'm concerned, it is the only thing the politicians should be concerning themselves with
Ron Paul appears to be the only politician that realizes it
the rest should be ignored
it is a very serious problem, being ignored
stupid stupid stupid