Congress, Guns N’ Roses and Deficit Spending

By: Repair_Man_Jack (Diary)  |  November 17th at 05:00 PM  | 

I used ta do a little but a little wouldn’t do it So the little got more and more I just keep tryin’ ta get a little better Said the little better than before Guns N’ Roses

It’s Oligarchical Collectivism or Shutdown

By: Repair_Man_Jack (Diary)  |  April 5th at 12:39 PM  | 

DISCLOSURE: Repair_Man_Jack is a psuedonym for a person who works as a Civil Servant for the United States Federal Government. “A lot of people with budgetary responsibility are planning for a shutdown instead of for next year’s budget,” said Diane Breckenridge, who works in the office of the secretary of Health and Human Services. “It doesn’t add to the productivity of the government.” (HT: Washington | Read More »

The Good News Is That I Am Wrong about Inflation– The Bad News Is That I Won’t Be Forever

By: Repair_Man_Jack (Diary)  |  September 8th at 08:38 PM  | 

The United States economy will overinflate. The USD will decline as a fundamental store of value; thereby leading to a deleterious effect on the purchasing power of the average American. I predicted this would happen the day Congress passed The Chula Vista Dog Walk Act of…Oops I Mean Stimulus Package. Up until now and into the foreseeable, near-term future, I missed on that one. The | Read More »

National Debts and Other Useful Disasters

By: Repair_Man_Jack (Diary)  |  May 15th at 02:35 PM  | 

The Man-Made ATM Void known as Barack Obama’s economic policy has opened up new and fascinating opportunities in the growing field of crisis exploitation. Like a Conquistador from Spain, appalled that Montezuma and the Aztecs ripped out hearts on the altar of Quetzalcoatl, Barack Obama has just now learned about deficit spending. Boy does the prospect harry him!

President Barack Obama, calling current deficit spending “unsustainable,” warned of skyrocketing interest rates for consumers if the U.S. continues to finance government by borrowing from other countries.

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Senator Obama’s Calculus of Fiscal Deception

By: Repair_Man_Jack (Diary)  |  October 25th at 09:03 AM  | 

Barack Obama has sworn up and down that he can pay for every dime of his new proposed Federal spending. Alan Reynolds, of The Wall Street Journal must be a closet racist. He asks the rather mean-spirited question How’s Obama Going to Raise $4.3 Trillion? On one side of the balance sheet, Reynolds lists the potential credits against which the US Treasury will have to | Read More »