Republicans and Mad Max: The Coming Storm

[AuH20]

As long as I can get my hands on one of those sexy V-8 Interceptors, I won't complain.

http://townhall.com/columnists/monacharen/2012/12/04/republicans_and_mad_max


The Republicans are attempting to divert the nation -- not from the "fiscal cliff" but from something much worse. If government debt is not controlled by spending cuts (tax increases on the rich make scarcely a dent), the U.S. is headed for drastic economic decline. Interest rates will rise to attract wary international investors. Rising interest rates will in turn increase our debt service burden, while a diminished private sector will provide less and less tax revenue. The combination of spiraling debt service and entitlement spending will quickly leave no funds for any other purpose.

That's when it becomes Mad Max. That's what the negotiations are about.

[torchbearer]

since treasury bonds are still be purchased... in one way or another, we aren't going to fall off the cliff, we will be catapulted off of it. Ron is right. We are already passed the cliff- it is just that fed 'printing' has put us airborne out over the ravene

[Philhelm]

I need a dwarf to sit on my shoulders.

[Lord Xar]

since treasury bonds are still be purchased... in one way or another, we aren't going to fall off the cliff, we will be catapulted off of it. Ron is right. We are already passed the cliff- it is just that fed 'printing' has put us airborne out over the ravene

Hey - do you have reference to Ron talking about this? Audio//text? Want to read what he had to say about it.

[torchbearer]

Hey - do you have reference to Ron talking about this? Audio//text? Want to read what he had to say about it.http://www.bloomberg.com/video/ron-paul-on-fiscal-cliff-and-vows-to-compromise-MYkAiqYBTaiHwXZL9Tvxkw.html