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Ryan can do it i tell ya! With enough tax breaks for the top 1% and ending or severely cutting back most entitlements for the bottom 90%, it just might work. It looks great on paper. The only fly in the ointment is the bottom 90% might not like it. C'est la vie baby, i guess.
PS - A great American writer, Joe Bageant just passed away (Deer Hunting with Jesus). A member of the American underclass who rose above now writes objectively about 'his people'. It might sound mundane, but he is a great storyteller. Find some recent podcasts of him being interviewed. He has great flair for writing and speaking. He also explains the idea of the Tea Party, what happenned and how the poor underclass of the midwest changed to the GOP, even though they keep sticking it to 'em.
who listens to morris and hannity,, mouth pieces for the great merkin
Obama vows to double the U.S. export by 2015(?). That guarantees Bernanke's maintaining super low interest rate and thus QExx.
Finally, a promise Obama can keep! Wow!!!
When Obama says "exports will double by 2015" he means "measured in dollars". No problemo!
By 2015 the dollar will be worth about $0.10 so "doubled exports" means the USSA will export 5 times LESS goods. But the price of those goods measured in dollars will be 2x higher.
Get it? Obama brags about cutting exports by a factor of five. Amazing!
All I can say is Paul Ryan and better yet, Rand Paul are the lone voices of reason in this debt crisis. Noone wants to believe the end is near for the U.S. economy. It will be 2 maybe 3 years and your dollars will be completely worthless. IMO
Compare the situation this year to the situation last year. Silver remained relatively flat through last year's end of QE and Europe crisis events. That is until QE2 was leaked.
Don't believe the gold gurus who say there's no limit, gold will keep rising for a bit more but it's not going to be the game-ender here. Ryan's full of it.
The Congress needs to stop the printing of Dollars. Start with the real problem, the FED printing Dollars indiscriminately and giving the Money to the Banks which transfer the Money to the Banksters for their Bonuses.
Reverse Robin Hood. Take from the Poor and give to the Rich.
The people that received the 3 or so Trillion should have to pay to reduce the Deficit not the average American and the Poor.
For God's sake, every time some writes something with a bit of interest they go and quote some ass from CNBC like Kudlow(as meat and potaotes for the point) and destroy the entire illusion that the essay had any worth.
Quote your grandmother before you quote one of those paid-to-say idiots on CNBC.
As for Paul Ryan, just what America needs another worthless screwball in Congress wasting time and taxpayer money on a half baked notion that your grandmother would not buy in a heart beat.
Everyone is DC knows the only way to fix this train is to let it hit the wall and start over without lobbyist, bribes, and black-books with dirtysex secrets inside. In other words, it ain't gone happen in our lifetimes.
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