Saturday, June 6, 2009
"Bailouts" Did Not work
And never will. Obama’s trillion dollar bailout spending spree is a desperate attempt to bring their own scam under control before it COMPLETELY destroys us. But the Keynesian Economics theory under which it is being done is completely flawed and doesn’t work. Keynes said, among other things, that to bring us out of a recession or depression, government must spend more money. If that means spending more than it has, no matter. Print some. WRONG! The GM bankruptcy, after all the money Obama gave them supposedly to “forestall bankruptcy” is evidence. Chrysler is IN bankruptcy and is desperately trying to sell itself to Fiat to bring itself OUT of bankruptcy. It is a MYTH that people will not buy cars from a company in bankruptcy. They will, and do. Obama’s crowd CAUSED the “economic slowdown” that put the whole country in economic trouble by FORCING lenders to loan money to people who could NOT repay it, thereby setting us up for disaster, just so they could “take over” the government with a “bloodless coup.” (What is there about that people don’t understand?)They succeeded. But now they’re trying to stop the “steamroller” they started rolling before it destroys us, but they’re doing it with an outdated and flawed economic theory that has been long discredited and it’s not going to work. It’s ALREADY too late, and the American people will soon “throw them out” and not elect another Democrat in my lifetime if they “wake up” in time. If SO, they’ve destroyed the Democrat Party for all time. “Hello, Whigs.” (Just common sense)
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