Hey Rush, why don’t you have a show on the Federal Reserve. You don’t have to get complicated. Just explain that it is a bunch of people who own a printing press and pay for paper and ink, and then they print numbers on the paper, and charge the government the amount of the numbers on the paper, plus interest.
And that’s our national debt - we borrow our own money from a private company who prints it up, with no backing, and “loans” it to us for the amount of the numbers.
And then we work ourselves to death to pay the interest, while the elite simply write themselves checks of borrowed money and laugh so hard they throw up.
Go ahead, Rush. Do it.
It is a great analysis, but it is wrong. The US economy is where it is because of a few decades of poor monetary policy, poor regulatory policy, and the resulting malinvestment on a massive nationwide scale. I don’t like Obama, but most of our public debt and almost all of our private debt were from things that happened long before O got into office.
Amen! ( As long as I’m still awake. )
Well Rush lets never forget he did have help including Barney Frank and a considerable number of SPINELESS Republicants. RINO’s who caved to Barney and Obama on almost every issue including bailouts.
But no thanks to the GOP-idiots that thought it was A-OK to let the Kenyan have his "turn".
So obvious... both sides were "in" on the last election. I don't care their so called strategy... they deserve blame right alongside the Rats for the situation this country is in. To them it was "just another election (pissing match)"
For the PEOPLE of this GREAT NATION... well, they deserve better than this.
So no kudos to either side... and GOP better realize that this is b@lls to the wall time...or they will be drinking the tea.
Rush! We need a 2nd Party.
He has been spot on!
The next President may have to sign a huge stack of new laws just to undo the mess Obama created.
This is why I’m beginning to hear this period in history referred to as the Great Oppression.
It is more than a Recession or Depression. It is economic collapse that is designed to completely delimit the federal government, institute Socialism, and hence strip us of our freedom and, in effect, our Constitution.
I hope you’ll start using that term on-air. It says it all. Obama’s Great Oppression.
They are all to blame. Piss on the Democrats, and piss on the Republicans too.