Friday, October 16, 2009

Fed Deficit Out of Control

Federal Deficit Triples is only the beginning. Can interest rates stay down forever? How will the government work its way out of this one? Only one way to fix it, MORE TAXES.

From what I understand of the new Health Care legislation, the reason that it won't add to the budget is because taxes will be collected up front and then benefits won't begin until 2015! Ummm, sounds a little like Social Security, huh? Even though I despise banks, I would rather see this pre-paid tax money managed by Goldman Sachs instead of Congress.

What do you think? Is this the Hellbound Train leaving the station?

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