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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: NOW who wrote (241427)3/18/2010 2:19:20 PM
From: GSTRead Replies (2) of 306849
 
<the Pentagon is our true welfare state>

Now we are getting somewhere -- and how do you think the Pentagon is financed? Most people assume it is financed by the US government -- which most people assume means the US taxpayer -- but the US taxpayer does not come close to paying enough in taxes to finance the Pentagon -- nor do Americans save enough for the Government to borrow from its own citizens. The Pentagon is financed by foreign investors. And they have stopped investing -- but that is not going to stop the Pentagon from spending -- not on your life.

The Pentagon is delighted to have the spotlight on the Fed -- a Fed that can do nothing to stop Pentagon spending.
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