Sarah Palin resigns from office

[TheRealMafoo]

MontanaHatchet said:

TheRealMafoo said:

MontanaHatchet said:

 

5. Changes in our infrastructure and employment and a bajillion other things can't be made in half a year, no matter how much money is involved.

Sorry, I just thought this line was funny.

Trying to fix the economy by the government throwing money at it has been going on a lot longer then half a year. Bush started it long before Obama even thought he had a chance to be President.

Funny how quickly people forget.

Yes, I am laughing so hard that I even managed a smirk. What can I say, I'm a funny guy.

Bush did throw money around like an idiot, but it wasn't on the scale that Obama is doing. Seriously, I sometimes wonder where Obama is even getting all this money. I know the answer is obvious, but it depresses me.

Right now, he is getting it from two places. China, and spending promised money to banks that they have yet to lend.

When they give banks hundreds of billions of dollars, and banks don't lend it (because at the moment, it's hard to know who to lend to), so the banks just turn around and give it back to the Fed.

Here is my biggest fear in all this. One day, the economy will recover, and banks will then start lending. But when that times comes, the Fed will not have any money to give the banks, so we start printing.

When we start printing, we are fucked. The reason being, is the only way we get to live above out means at the moment, is China is willing to lend us money. Once we start printing, buying our debt will no longer be a good investment. When that well dries up, what we have seen these last few years will look like child's play.

I am dreading the next 5 years.