Quote:
Originally Posted by r3p1v
they have to do most of this stuff, otherwise we would probably be in another great depression. I would rather pay more taxes than live through a depression.
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If you understand cause and effect, as well as basic economic theory about business cycles, you will not only pay more now, but you will definitely get the Depression later. This isn't an either/or situation. It's just putting off the impending bloodbath.
Btw, taxes aren't going up. They are going to debase the currency by printing more money. Everyone will pay more by having a reduced standard of living. Not just taxpayers, but everyone who saves or consumes (anything).
Quote:
Originally Posted by r3p1v
they shouldn't have let it happen in the first place though.
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And as usual, no one will be held accountable. Big surprise.
Read this
http://nothirdsolution.com/2008/09/19/toxic-assets/
Then read this,
LewRockwell.com Blog: The Cowardly Lions
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