« POPE Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: 2012 Federal Budget 

By: killthecat in POPE | Recommend this post (2)
Sat, 26 May 12 7:17 PM | 66 view(s)
Boardmark this board | (The) Pope's for real stock market report
Msg. 59120 of 65535
Jump:
Jump to board:
Jump to msg. #

Snappy:

Certain things are not in and of themselves "bad". Credit, investment amd borrowing make a modern economy go round - The ability to take out a mortgage to buy a home, for instance. There is a legitimate roll for the government or central bank to stimulate the economy in times of need, or even to rescue an economy in dire distress.

It's the misuse and abuse of credit, borrowing, spending, and stimulus which is the problem. We have most certainly done that.


- - - - -
View Replies (2) »



» You can also:
« POPE Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next