tag:blogger.com,1999:blog-27951078.post7736856145465138328..comments2024-02-02T05:45:33.724-06:00Comments on Incoming: John Phippshttp://www.blogger.com/profile/03245790061133614986noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-27951078.post-80145574153888759212010-01-25T20:48:56.260-06:002010-01-25T20:48:56.260-06:00Anon,
I agree with you completely!
Retired FarmerAnon,<br />I agree with you completely!<br />Retired FarmerAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-27951078.post-20872200208620177582010-01-25T18:40:32.588-06:002010-01-25T18:40:32.588-06:00Look, I have to live within my means, so why shoul...Look, I have to live within my means, so why shouldn't the government have to as well? Sure, cutting spending hurts, but we all have to do it. If I don't have the money for a t-bone steak, I don't eat a t-bone steak. It's not that complicated.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-27951078.post-42046264308834673432010-01-25T13:32:42.803-06:002010-01-25T13:32:42.803-06:00I will agree in a way, it is a train wreck no matt...I will agree in a way, it is a train wreck no matter how you look at it. We have met the enemy, and it is us. And we can't go on and on expecting more and more from Uncle Sam, and not expect to pay dearly for it.Brandon E.https://www.blogger.com/profile/04805974254833188489noreply@blogger.comtag:blogger.com,1999:blog-27951078.post-85034420658605217762010-01-25T10:38:00.837-06:002010-01-25T10:38:00.837-06:00The Federal Reserve owns a large portion of the US...The Federal Reserve owns a large portion of the US debt. Who is the Federal Reserve? Is it us? If we write off all Federal Reserve debt but continue to honor all other national debt what happens? When the government sells debt and the Federal Reserve buys it then are we not effectively creating money. Research who owns the Federal Reserve. It appears that it is a group of individuals and banks which have been given the authority to create money. I wonder what it would talk for me to get the authority to create money? <br /><br />Just curious, what happens if the government chooses to state that it will not treat bonds purchased by the Federal Reserve as debt? Who loses?xyetayhttps://www.blogger.com/profile/07259888875167493808noreply@blogger.com