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Politics : Don't Blame Me, I Voted For Kerry
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To: Mephisto who wrote (41080)8/6/2004 5:45:24 PM
From: RichnorthRead Replies (2) of 81568
 
Now, the country is in debt. Bush spent the Clinton budget surplus and we have
the war debt as well.

Budget surplus, you say? What surplus? Are you sure you are not kidding?

There was no surplus! It was an all smoke-and-mirrors illusion served up to an unsuspecting public to make Clinton look good and enhance the Dems'chances of being returned for another 4 years!

You mentioned a war debt. The truth is that the country has always been in debt. It is debt which is essential for driving the money-creating machine.

To gain some insights into government's rationale for ever getting into debt and being in debt and to understand how debt drives the money-creating machine, read the book, Creature from Jekyll Island. The review of this book and the testimonials from readers may be found in the links below:-

store.yahoo.com
realityzone.com

Beware! If you read this book you will never trust any politicians again!!!

BTW, a celebrated economist of the 1930s, John Maynard Keynes, recommended that it pays for governments to get into debt! Maybe that's why politicians keep repeating that debt doesn't matter. And they may well be right because bankers in connivance with politicians have figured a way to control the price of gold.
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