drpete got that one. I agree that the O'Bozo Admin knows what they are doing, but have no choice. This is their last chance to shove socialism up our bums in this generation and they are more than willing to bet the whole farm on the outcome. Our economy is crashing and hyperinflation will be the payoff in 1-3 years.
The Debt-Deflation Trap and the Psychosis of Government Spending
http://rycksrationalizations.blogtownhall.com/2009/05/12/th e_debt-deflation_trap_and_the_psychosis_of_government_spend ing.thtmlWe are fighting debt-deflation with more debt.
My analysis goes like this: the Dems know we are heading for the financial latrines but will blame Bush2 for as long as they can and then claim their plans were wrecked by the Republicans like Rush.
Look back at history or look at Gordon Brown at the UK and ask this: Do they know they are bankrupting their country? Yes. Do they care? Yes, but they would rather trash their society than give political power back to the opposition.
The liberals would rather ruin our country if they cannot run it. They are doing both now.
The best gains the left ever had were during the times of FDR [or more accurately Lenin] where we got all these phony social programs. LBJ put in some more. SS, War on Poverty, Great Society, HUD, Amtrak and all those failed. Do the left want more failure of this sort? Of course they do!
The lefties cannot survive in a capitalist society. They cannot get the education, work ethic, capital, cooperation and such to put together businesses that can compete with conservatives. They know this. They cannot run a major city or a state. Look at Detroit, Baltimore, Atlanta, NYC, St Louis, Oakland--all liberal and stuffed with poverty, failure, crime, sloth, sodomy and drug addiction.
All they have is our money and they want more.
We are bankrupt and the liberals want to print more money and that means hyperinflation.
rycK