Trillions of dollars are printed and put in the pockets of casino managers to distribute to the shills who pretend to be playing with their own money, and the people are fleeced. This is no way to run an economy.
The money is not worth the paper it is printed on. When the value of money was based on gold and someone offered you an apple for an ounce of gold, you did not have to accept the exchange. In 1995 I saw a girl selling an apple for 5000 rubles in front of the train station in St. Petersburg, Russia. Russia finally decided to institute a 15% flat tax rate and right after that Russia no longer asked the foreign banks for loans. President Ronald Reagan constantly asked Congress to pass a ten percent flat rate tax. They refused.
The US government is being elected through such deception that it puts the old Soviet propaganda to shame. We have an economically incompetent President who is being manipulated by the Washington liberal machine. Joe Biden is no economist either. He is supposed to be a foreign relations expert, but he has flip-flopped on every issue.
The US is facing economic disaster and there is no Sarah Palin in the White House.
Mar. 21, 2009