We have had better days.
And unless a new approach is applied, we may not see the likes of them again. This is not going well at all.
Obama is renacting the Dutch boy at the dike, trying to fill the leaks with cash, but everytime he does so, a new leak arises.
This was perhaps not the best plan for us.
Perhaps it would be different if we weren't locked into private banking and having a Fed.
Countries and gov'ts have the means and the right to print their own money, interest free without having to pay interest on it. Instead we're just incurring more and more debt.
The larger the debt, the more credit is extended and more interest is accrued which ensures more taxes to pay the interest while the debt still grows accruing more interest, requiring more taxation..
A vicious cycle which has us hemorrhaging finacially with no tourniquet in sight.
Read the Article at HuffingtonPost
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