In response to:

Push the Fed Over the Cliff

Frank130 Wrote: Dec 03, 2012 10:23 AM
Very few in Washington in the duopoly of Ds & Rs elected there will face our real problem: an out-of-control, & grossly Unconstitutional Federal Government. The Establishment Ds & Rs both love big government & the power it gives them & the dumbed-down, government educated (brain-washed) voters selfishly want more "free lunches" & so keep re-electing these crooks back into office. In the end: the system must collapse financially. Few listened to Ron Paul & others like him warning of the dangers and impending fiscal calamity. Sadly, on the other side of the fiscal collapse, I don't think the American voter will have learned anything & the problem will reboot rather than be corrected.

Stop worrying about the ‘fiscal cliff.’ Spending cuts would feel therapeutic after watching Standard & Poor's and Egan-Jones downgrade our credit rating and seeing President Obama add $6 trillion to the national debt. The way to avert another recession and massive inflation is to eliminate the unconstitutional Federal Reserve.

There are two ways for politicians to “pay” for their spending. They can be transparent and raise taxes extremely high across all income levels. (This is not happening because politicians know Americans would riot.) Or, they can be sneaky and “monetize the debt,” which means allowing the Federal Reserve to print money...