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Mainecoons
11-17-2012, 08:09 AM
And here's why:

http://globaleconomicanalysis.blogspot.mx/2012/11/fiscal-cliff-talks-underway-between.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed:+MishsGlobalEconomicTrendAnalysi s+(Mish's+Global+Economic+Trend+Analysis)


Question of the Day

If Republicans are not in favor of deficit spending and Democrats are not either, then how the Hell do we have trillion dollar deficits?

The answer is vast majority of politicians are liars, with no backbone to stand up and tell the truth to US citizens: "the country is broke".

We cannot afford wars. We cannot afford to keep troops in 140 countries. We cannot afford to be the world's policeman.

We also cannot afford Davis-Bacon and prevailing wage laws. We cannot afford the pension promises we have made. We cannot afford collective bargaining of public unions. We cannot afford all kinds of entitlements that have been promised.

How Does It Happen?

We have all of these things because corrupt politicians buy votes of constituents who want to hear the lie that we can afford those things. In the end, that's what it's really all about.

The unions, the warmongers, the banks, and all the other special interest groups buy votes of corrupt politicians every step of the way. The "compromise" in Congress is Republican get their wars and Democrats get fiscally unsound social programs.

Chris
11-17-2012, 09:54 AM
Our government has become a sham, nothing but corrupt crony capitalism.