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Cheney Was Right About One Thing: Deficits Don't Matter | Truthout - 0 views

www.truthout.org/...1303850419 Deficit terrorists are gutting governments and forcing privatization of public assets all name deficit reduction. But deficits aren't actually a bad thing. In today's monetary scheme which most money comes from debt necessary to have stable supply. The is
shared by thinkahol * on 28 Apr 11 - No Cached
  • thinkahol * on 28 Apr 11
     
    "De­ficit ter­ror­ists" are gutt­ing govern­ments and forc­ing the privatiza­tion of pub­lic as­sets, all in the name of "de­ficit re­duc­tion." But de­ficits aren't ac­tual­ly a bad thing. In today's moneta­ry scheme, in which most money comes from debt, debt and de­ficits are ac­tual­ly neces­sa­ry to have a st­able money sup­p­ly. The pub­lic debt is the peo­ple's money.
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Euro Rescue Bid: Punish the Markets for their Mistakes! - 0 views

www.spiegel.de/...0,1518,694089,00.html euro crisis europe
shared by Giorgio Bertini on 11 May 10 - Cached
  • Giorgio Bertini on 11 May 10
     
    Europe has put up 750 billion euros in an effort to stop speculation against the European common currency. Still, it remains to be seen if financial markets will learn their lesson. After all, speculators aren't even being punished for the damage they have caused. But they should be.
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