Mad Money

Posted by Neal Asbury on June 3, 2009 · Leave a Comment 

The Obama Administration came to DC town promising to spend everything and the kitchen sink. In this regard, they have not been a disappointment. Many Americans mistakenly believe the trillions of dollars to pay for Obama’s unprecedented and historic government intervention, entitlements and social welfare is securely stashed away in a big safe somewhere in Washington. There is no vault and there is no cash; there is only “vapor paper” being created out of thin... Read More

Filed under Economy · Tagged with Deficit, inflation rate, Monetizing deficit, national debt, Quantitative easing