The U.S. may buy up banks' toxic assets
to the tune of $1 trillion dollars. Didn't they just print $1.2 trillion last week to buy government bonds? Not to mention that BOHICA (sorry Steve... I did it again) is on a campaign to convince us that his $3.2 trillion budget is a good idea. Even if the Republicans and half the Democrats think its too much and force Obama to reduce it, we're all in deep doo doo boys and girls. Printing a trillion dollars is becoming a weekly thing, if not a daily thing. Wholesale inflation is next.
3 comments:
That trick never works.
Rocky,
please get Bullwinkle to pull that rhino out of his top hat, and let it loose on these spendthrift idiots.
I think each of us should get a printing press!
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