We have Ron Paul to thank for that one

agreed, and we have to be ready to convince others of this fact when that time comes. To setup the next cycle so it lasts 1000 years rather than 150 years.

Khalling,
There is the entrepreneurial spirit! Cool!
O.A.

XR,
Yes, some are incurably ignorant and indolent. The well may not run dry until the Fed stops printing money and our ability to borrow from China ends. With our present course, and deteriorating credit that isn’t that far off. Those moochers will have to panhandle or mooch from friends, relatives or rely on charities. Any new paradigm must cut the govt. dependence, and corporate patronage if it is not to degenerate the same as the old one has.
O.A.

O.A.,

I think even then they will continue to mooch, until the teat runs dry.

-XR

http://www.zazzle.com/end_the_fed_tshirt...

If there is an upshot, it is that they will hasten the devaluation of our money and the inevitable collapse, allowing a reformation. When the inflation and coming new taxes hit the people’s pocket-books the effects will start to hurt the moochers. Only then will some of the ignorant masses see their folly. If there are enough of them, the rebuilding can begin.
End the Fed!
O.A.

The Fed is currently pumping 85B a month into the economy. There's tons of liquidity and cash for the politically favored. But they have nothing to invest in and they did nothing to create it. Upshot? Pumping currency into the system is not creating Wealth.