Quote:
Originally Posted by MattJustin
I Agree somewhat with TheDoc.. but the stimulus will not change anything.. spent or not spent.. We are still in the middle of a crash and its likely to get far worse before it gets better if the gov't doesn't do the right thing and deleverage debt worldwide. It the only thing that makes sense.. Its being proposed by Nassim Taleb the author of the BlackSwan. He has been right so far so with his predictions and his hedge fund did very well in 2008.
Watch him discuss this: http://video.aol.com/video-detail/sq...nomy/493834694
I also didnt say we need to make the audit public right away, we just need the fed to be honest and not print extra money because they want to |
More so than anything, the stimulus packages are going to cause hyper-inflation. And the reason this is such a hard thing to crack and get enough support both in the Senate and the House is because the Federal Government loves the blank check spending the Fed affords them. That goes without question.
I really do hope for an Audit, I do hope for transparency, and eventually I hope for the Fed to be stripped of it's power. I have contacted my House Reps, I have contacted my Senators, I have called them, bothered them, etc. So I'm happy to see more support coming behind this bill.
