The point in the OP is well taken and supports this skepticism. For 8 years we've had to listen Junior and his pals tell us we can't afford our social programs. Now we're pulling trillions out of our asses for the financial services industry.
Could be the Social Security 'crisis' was all just made up as cover for gutting our social programs. Ya think?
is what's been the glaring problem through all of this, the problem that virtually no one in the government will speak of out loud: We have no money. We're 10 trillion dollars in debt and sinking fast. It would be more accurate to say that we're willing to borrow even more and go even deeper into debt to rescue the banks, but not Social Security.
12. It would seem no one wants to loan the USA any mosre so we are now borrowing from ourselves
I read here last week that the Federal Reserve is now buying Treasury Bonds because no onje else will. To me that is the exact same thing as taking money from one pocket and putting it in another and declaring we are suddenly richer.
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