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#61
01-27-2013, 08:21 PM
Go look at what happens to the cost of our debt service as rates return to historical levels and what percentage of annual revenues that represents. At the same time as we have our hands full with obligations (in a financial sense) to an aging population as it is. |
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Multi-Quote| 01-27-2013, 08:21 PM | |
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#62
01-28-2013, 11:55 AM
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The Keynesians are really just a bunch of liars.
Just take a look at what they did in the 1960s. With the economy booming the leftists created trillions of dollars of deficits with their Medicare and Medicaid programs.Hence, of course, $5.5 trillion in borrowing during their presidency. It's really just about paying off the people who vote for them. |
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#63
01-28-2013, 12:20 PM
Why can't they let investors in debt lose their shirts like investors in equity? |
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#64
01-28-2013, 12:26 PM
But everyone knows that equity is the riskier investment; last in priority when things go south. |
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#65
01-28-2013, 12:42 PM
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#66
01-28-2013, 04:10 PM
Other than rates being lower for being first in line.... |
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#67
01-28-2013, 06:42 PM
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#68
01-29-2013, 03:01 PM
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Rumble, young man, rumble. These are interesting times we live in. Punctuation is key. Fruit is nature's candy.
http://3.bp.blogspot.c http://1.bp.blogspot.c |
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#69
02-12-2013, 05:08 PM
#70
02-15-2013, 05:55 AM
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Following the financial crisis of 2008-9, Britain was forced to implement harsh austerity measures in an attempt to reduce its deficit and increase economic growth. But there is anger that while many famillies are struggling to make ends meet, bailed-out bankers continue to be awarded huge bonuses.
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