Thread: Dear Bush
View Single Post
  #15   Report Post  
Posted to alt.machines.cnc,rec.crafts.metalworking,misc.survivalism
Cliff
 
Posts: n/a
Default OT: was Cliff rant

On Thu, 19 Jan 2006 11:08:02 -0600, F. George McDuffee
wrote:

On Thu, 19 Jan 2006 01:27:21 -0500, Cliff
wrote:
snip
And paying interest on the rapidly rising deficits? Don't
forget to repay the borrowings from the Social Security system.
And as interest rates rise ...

snip
Those whom the gods would destroy they first make proud....

Our governmental policy makers while chanting the ever popular
"free market -- free market --" have set the interest rates [too]
low to ostensibly "stimulate the economy," but in actuality to
minimize the amount they must pay on the ever growing [ain't
compounding wonderful] national debt.


Look at how fast that will rise with rising interest rates ...
(going from almost zero interest) and then subtract that
from the federal taxes collected .. what's left?
--
Cliff