Monday, December 10, 2007

Why DEBT MATTERS and how Dubya and the Katrina's missed it--

You see, they looked at the monster debts that Reagan ran up and they said, hell, debt is not a problem and neither is borrowing--hot damn............But listen maroons, here is the truth: Before debt could rear its ugly head in the nineties, 3 key things occurred to stem that tide---1)Russia went boom boom and the cold war ended thus giving USA economy big time new flexibility 2) the technological revolution came out of the basements and garages and hit wall street and main street 3)Alan Greenspan, FED Head, began doctoring government economic statistics so that a dying patient would appear to be fine---and billy boy rode these waves through the nineties, along with Monica, and all seemed to be great; so when "dubya and the Katrina's" took over, (due to billy boy getting head from Monica), well they had no clue and turned the USA into their own economic Debt and Borrowing Autobahn--and now just remember willy nelson or don meredith singing, "Turn out the lights, the party's over..."

No comments: