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	<title>Comments on: Deficits Do Matter</title>
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	<description>Ideas on Liberty</description>
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		<title>By: My Homepage</title>
		<link>http://www.thefreemanonline.org/featured/deficits-do-matter/comment-page-1/#comment-52318</link>
		<dc:creator>My Homepage</dc:creator>
		<pubDate>Fri, 09 Dec 2011 07:24:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.thefreemanonline.org/uncategorized/deficits-do-matter/#comment-52318</guid>
		<description>I enjoy this internet site, will surely arrive back.  Make confident you carry on writing high quality posts. 127005</description>
		<content:encoded><![CDATA[<p>I enjoy this internet site, will surely arrive back.  Make confident you carry on writing high quality posts. 127005</p>
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		<title>By: thegrowlingwolf</title>
		<link>http://www.thefreemanonline.org/featured/deficits-do-matter/comment-page-1/#comment-41057</link>
		<dc:creator>thegrowlingwolf</dc:creator>
		<pubDate>Fri, 11 Mar 2011 03:45:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.thefreemanonline.org/uncategorized/deficits-do-matter/#comment-41057</guid>
		<description>Come on...come on...investors and savers are who We the People depend on for economic growth rather than the commonwealth?  This government you so hate according to the Bill of Rights is &quot;of the people, for the people, by the people&quot;--our representatives aren&#039;t supposed to represent themselves and their ideals but rather the will of the majority of voters who elected them.

I suppose all you followers of Austrian economics are filthy rich from your perfect investments and all your savings accounts are packed with millions--B.S.  All Economics is voodoo science--guesstimation we called it when I was an Economics major...it&#039;s not a science...Economists are empirical scientists...Milton Friedman was wrong; David Stockman admitted his brand of voodoo economics didn&#039;t work; Keynesian economics worked during WWII--and I ask you this, who doesn&#039;t go into debt before they start reaping gains?  What does balancing a budget have to do with anything?  Nothing.  So you Libertarians balance the budget--at what cost?

I mean explain to me how the Obama Administration is to blame for We the People being 3 trillion dollars in debt?  Another question, how come when all these bank pirates and financial frauders saw their ships sinking they came running like snot-nosed babies to the Federal Reserve (run by Bush babies) and the US Treasury (also run by Bush babies) crying economic doom if We the People didn&#039;t bail them out to the tune of over 1 trillion bucks--currently all those bailed out fraudulent institutions are giving themselves 144 billion dollars in bonuses--We the People have the right to TAX those bonuses--to TAX excess profits--to do away with this free-market BS and put customs and tariffs back into place.

How many of the filthy rich Power Eliters pulled themselves up by their own bootstraps (which was G.W. Bush&#039;s solution to We the People&#039;s problems)?  The Rockefellers?  The Kennedys (Old Joe made his fortune off bootlegging)--of course it didn&#039;t hurt he married to political boss of Boston&#039;s daughter). Warren Buffett?  His old man was rich.  Donald Trump.  His old man was a rich real estate developer.  G.W. Bush?  George H.W. &quot;Pappy&quot; Bush?  Bill Gates?  Senor Slim in Mexico? How about John &quot;Failed Mission&quot; McCain?  Did he pull himself up by his combat boot straps?  Hell no.  John divorced his worthless wife and married the daughter of Arizona&#039;s largest booze distributor.

Read Henry George&#039;s Progress and Poverty--especially the introduction by Agnes de Mille.  Also read Thorstein Veblen&#039;s Theory of the Leisure Class and C. Wright Mills&#039;s The Power Elite.  

We the People are currently being driven toward the bottom in punishment for wanting an equal distribution of the wealth, the wealth once created by one of the greatest industrial countries on earth, with the hardest-working workforce on earth; American know-how gave us the highest Standard of Living in the world--and this in spite of Hoover&#039;s wrecking the economy and in spite of all the Republican antiUnion crusades and tax-loopholes for the rich and in spite of Keynesian economics, too.

Under our form of government, the government doesn&#039;t own everything, We the People do.  We own most of the State of Alaska; most of the states of Nevada and Wyoming.  We own vast amounts of buildings and vehicular fleets in nearly every city in every state.  Isn&#039;t that Capital?  And what about our Armed Forces?  I guess those two G.W. Bush-started wars have no effect on our being 3 trillion dollars in debt.  No, the debt is all Obama&#039;s fault--his healthcare bill (a bill by the way written by the healthcare insurance industry--the pay or die boys) to blame--his domestic spending to blame--the once-greatest public school system in the world now being driven down to ruin only to be &quot;saved&quot; through privatization.  Our schools are not training grounds for our future careers; they are supposed to be places where you learn to read and write and compose and solve problems on your own.  And why is welfare wrong?  One of your Lords and Masters, Jesus Christ said, &quot;Love thy neighbor as thyself&quot; and &quot;Love one another.&quot;  I don&#039;t ever see any love in the way you Libertarians think--protection seems to be your biggest worry--the fear that some slob with no boots is going to break into your gated compound and steal all your gold and silver.  

But then, I&#039;m sure you recommend slavery as the solution to our current problem.  You wimps ever picked any bolls?  You ever picked fruit?  You ever farmed land?  Explain to me, too, how a Communist country is out performing us in Capitalism--how the Peoples Republic of China has currently got a huge surplus.  I&#039;m looking at my computer--a Mac--my keyboard--my mouse--the CD player I&#039;m listening to--MADE IN CHINA.  And you say in the above article that Communism doesn&#039;t work.

tgw</description>
		<content:encoded><![CDATA[<p>Come on&#8230;come on&#8230;investors and savers are who We the People depend on for economic growth rather than the commonwealth?  This government you so hate according to the Bill of Rights is &#8220;of the people, for the people, by the people&#8221;&#8211;our representatives aren&#8217;t supposed to represent themselves and their ideals but rather the will of the majority of voters who elected them.</p>
<p>I suppose all you followers of Austrian economics are filthy rich from your perfect investments and all your savings accounts are packed with millions&#8211;B.S.  All Economics is voodoo science&#8211;guesstimation we called it when I was an Economics major&#8230;it&#8217;s not a science&#8230;Economists are empirical scientists&#8230;Milton Friedman was wrong; David Stockman admitted his brand of voodoo economics didn&#8217;t work; Keynesian economics worked during WWII&#8211;and I ask you this, who doesn&#8217;t go into debt before they start reaping gains?  What does balancing a budget have to do with anything?  Nothing.  So you Libertarians balance the budget&#8211;at what cost?</p>
<p>I mean explain to me how the Obama Administration is to blame for We the People being 3 trillion dollars in debt?  Another question, how come when all these bank pirates and financial frauders saw their ships sinking they came running like snot-nosed babies to the Federal Reserve (run by Bush babies) and the US Treasury (also run by Bush babies) crying economic doom if We the People didn&#8217;t bail them out to the tune of over 1 trillion bucks&#8211;currently all those bailed out fraudulent institutions are giving themselves 144 billion dollars in bonuses&#8211;We the People have the right to TAX those bonuses&#8211;to TAX excess profits&#8211;to do away with this free-market BS and put customs and tariffs back into place.</p>
<p>How many of the filthy rich Power Eliters pulled themselves up by their own bootstraps (which was G.W. Bush&#8217;s solution to We the People&#8217;s problems)?  The Rockefellers?  The Kennedys (Old Joe made his fortune off bootlegging)&#8211;of course it didn&#8217;t hurt he married to political boss of Boston&#8217;s daughter). Warren Buffett?  His old man was rich.  Donald Trump.  His old man was a rich real estate developer.  G.W. Bush?  George H.W. &#8220;Pappy&#8221; Bush?  Bill Gates?  Senor Slim in Mexico? How about John &#8220;Failed Mission&#8221; McCain?  Did he pull himself up by his combat boot straps?  Hell no.  John divorced his worthless wife and married the daughter of Arizona&#8217;s largest booze distributor.</p>
<p>Read Henry George&#8217;s Progress and Poverty&#8211;especially the introduction by Agnes de Mille.  Also read Thorstein Veblen&#8217;s Theory of the Leisure Class and C. Wright Mills&#8217;s The Power Elite.  </p>
<p>We the People are currently being driven toward the bottom in punishment for wanting an equal distribution of the wealth, the wealth once created by one of the greatest industrial countries on earth, with the hardest-working workforce on earth; American know-how gave us the highest Standard of Living in the world&#8211;and this in spite of Hoover&#8217;s wrecking the economy and in spite of all the Republican antiUnion crusades and tax-loopholes for the rich and in spite of Keynesian economics, too.</p>
<p>Under our form of government, the government doesn&#8217;t own everything, We the People do.  We own most of the State of Alaska; most of the states of Nevada and Wyoming.  We own vast amounts of buildings and vehicular fleets in nearly every city in every state.  Isn&#8217;t that Capital?  And what about our Armed Forces?  I guess those two G.W. Bush-started wars have no effect on our being 3 trillion dollars in debt.  No, the debt is all Obama&#8217;s fault&#8211;his healthcare bill (a bill by the way written by the healthcare insurance industry&#8211;the pay or die boys) to blame&#8211;his domestic spending to blame&#8211;the once-greatest public school system in the world now being driven down to ruin only to be &#8220;saved&#8221; through privatization.  Our schools are not training grounds for our future careers; they are supposed to be places where you learn to read and write and compose and solve problems on your own.  And why is welfare wrong?  One of your Lords and Masters, Jesus Christ said, &#8220;Love thy neighbor as thyself&#8221; and &#8220;Love one another.&#8221;  I don&#8217;t ever see any love in the way you Libertarians think&#8211;protection seems to be your biggest worry&#8211;the fear that some slob with no boots is going to break into your gated compound and steal all your gold and silver.  </p>
<p>But then, I&#8217;m sure you recommend slavery as the solution to our current problem.  You wimps ever picked any bolls?  You ever picked fruit?  You ever farmed land?  Explain to me, too, how a Communist country is out performing us in Capitalism&#8211;how the Peoples Republic of China has currently got a huge surplus.  I&#8217;m looking at my computer&#8211;a Mac&#8211;my keyboard&#8211;my mouse&#8211;the CD player I&#8217;m listening to&#8211;MADE IN CHINA.  And you say in the above article that Communism doesn&#8217;t work.</p>
<p>tgw</p>
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		<title>By: Big Investor Dumps Government Bonds &#124; The Freeman &#124; Ideas On Liberty</title>
		<link>http://www.thefreemanonline.org/featured/deficits-do-matter/comment-page-1/#comment-41022</link>
		<dc:creator>Big Investor Dumps Government Bonds &#124; The Freeman &#124; Ideas On Liberty</dc:creator>
		<pubDate>Thu, 10 Mar 2011 13:53:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.thefreemanonline.org/uncategorized/deficits-do-matter/#comment-41022</guid>
		<description>[...] Timely Classic &#8220;Deficits Do Matter&#8221; by Hans F. [...]</description>
		<content:encoded><![CDATA[<p>[...] Timely Classic &#8220;Deficits Do Matter&#8221; by Hans F. [...]</p>
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		<title>By: Speculation Rises about Monetizing the Debt &#124; The Freeman &#124; Ideas On Liberty</title>
		<link>http://www.thefreemanonline.org/featured/deficits-do-matter/comment-page-1/#comment-22647</link>
		<dc:creator>Speculation Rises about Monetizing the Debt &#124; The Freeman &#124; Ideas On Liberty</dc:creator>
		<pubDate>Fri, 19 Feb 2010 13:57:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.thefreemanonline.org/uncategorized/deficits-do-matter/#comment-22647</guid>
		<description>[...] Timely Classic &#8220;Deficits Do Matter&#8221; by Hans F. [...]</description>
		<content:encoded><![CDATA[<p>[...] Timely Classic &#8220;Deficits Do Matter&#8221; by Hans F. [...]</p>
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		<title>By: Some Are Skeptical about Health Insurance Bills&#8217; Savings : The Freeman &#124; Ideas On Liberty</title>
		<link>http://www.thefreemanonline.org/featured/deficits-do-matter/comment-page-1/#comment-19579</link>
		<dc:creator>Some Are Skeptical about Health Insurance Bills&#8217; Savings : The Freeman &#124; Ideas On Liberty</dc:creator>
		<pubDate>Mon, 30 Nov 2009 13:27:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.thefreemanonline.org/uncategorized/deficits-do-matter/#comment-19579</guid>
		<description>[...] Timely Classic &#8220;Deficits Do Matter&#8221; by Hans F. [...]</description>
		<content:encoded><![CDATA[<p>[...] Timely Classic &#8220;Deficits Do Matter&#8221; by Hans F. [...]</p>
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		<title>By: Lee</title>
		<link>http://www.thefreemanonline.org/featured/deficits-do-matter/comment-page-1/#comment-3247</link>
		<dc:creator>Lee</dc:creator>
		<pubDate>Sat, 28 Feb 2009 01:08:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.thefreemanonline.org/uncategorized/deficits-do-matter/#comment-3247</guid>
		<description>Bill
This was written some time in the &#039;80s (see his reference to &#039;86 and &#039;87 interest payments on the debt) and published in Freeman in Mar., &#039;04. The note refers to &#039;04, not &#039;09. And, as you can see in italicized note about the author at the end, Sennholz was Pres. of FEE from &#039;92 to &#039;97.</description>
		<content:encoded><![CDATA[<p>Bill<br />
This was written some time in the &#8217;80s (see his reference to &#8217;86 and &#8217;87 interest payments on the debt) and published in Freeman in Mar., &#8217;04. The note refers to &#8217;04, not &#8217;09. And, as you can see in italicized note about the author at the end, Sennholz was Pres. of FEE from &#8217;92 to &#8217;97.</p>
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		<title>By: Steve</title>
		<link>http://www.thefreemanonline.org/featured/deficits-do-matter/comment-page-1/#comment-3246</link>
		<dc:creator>Steve</dc:creator>
		<pubDate>Sat, 28 Feb 2009 01:07:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.thefreemanonline.org/uncategorized/deficits-do-matter/#comment-3246</guid>
		<description>I&#039;m sorry to say this but frankly,&quot;who cares?&quot;. This nation is over, it is just when someone will turn off the lights. Furture obligations of social security and medicare dwarf the current figures that are being debated. There is no will to address the problem and frankly I&#039;m not sure there is an answer. Some future Supreme Court will validate an AARP claim to all remaining wealth and it will all shut down.</description>
		<content:encoded><![CDATA[<p>I&#8217;m sorry to say this but frankly,&#8221;who cares?&#8221;. This nation is over, it is just when someone will turn off the lights. Furture obligations of social security and medicare dwarf the current figures that are being debated. There is no will to address the problem and frankly I&#8217;m not sure there is an answer. Some future Supreme Court will validate an AARP claim to all remaining wealth and it will all shut down.</p>
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		<title>By: Bill</title>
		<link>http://www.thefreemanonline.org/featured/deficits-do-matter/comment-page-1/#comment-3172</link>
		<dc:creator>Bill</dc:creator>
		<pubDate>Thu, 26 Feb 2009 22:28:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.thefreemanonline.org/uncategorized/deficits-do-matter/#comment-3172</guid>
		<description>If you are the president of the &quot;Foundation for Economic Education,&quot; you should have more economic knowledge.  The Federal debt is now approaching $10 trillion, not $2 trillion; the Federal deficit for fiscal year 2009 is projected to be $1.75 trillion now.  And as far a crowding out goes, the data don&#039;t back up the assertion.  During the 80&#039;s, as deficit spending soared, interest rates fell. During the 90&#039;s, as deficit spending turned to surpluses, interest rates rose.  Now, deficit spending is the largest in history while interest rates are the lowest in history.</description>
		<content:encoded><![CDATA[<p>If you are the president of the &#8220;Foundation for Economic Education,&#8221; you should have more economic knowledge.  The Federal debt is now approaching $10 trillion, not $2 trillion; the Federal deficit for fiscal year 2009 is projected to be $1.75 trillion now.  And as far a crowding out goes, the data don&#8217;t back up the assertion.  During the 80&#8242;s, as deficit spending soared, interest rates fell. During the 90&#8242;s, as deficit spending turned to surpluses, interest rates rose.  Now, deficit spending is the largest in history while interest rates are the lowest in history.</p>
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