I.O.U.S.A Notes by YourEnchantedGardener .....

I.O.U.S.A. Notes Listening and taking.... Taking some notes here... I want to understand these ideas.

Date:   1/11/2009 2:59:10 PM ( 15 y ago)




January 10, 09
12:54 PM

Taking Notes:

Concord Coalition:
http://curezone.com/blogs/fm.asp?i=1332699


Coaliton Tour:
Wake Up Call, the Tour:
http://www.concordcoalition.org/act/fiscal-wake-tour


Food Deficit Spending: Idea to explain....Inspiration from KEEP the BEET Media Star,
The World's First Talking Beet Plant.

If you don't have the money, don't buy it.
Buy with money you have saved....what a concept...

What is the Concord Coalition...

Living Paycheck to Paycheck

Sound Money:

Alan Greenspan:

Rep Ron Paul:

Inflation:

the amount of goods you have....

Central Bank...not a free bank.
lowers the return people get on savings....
We choose to support those who invest in the stock market,
not savings....explain...

David Walker:
how do we learn lessons from what happened.
2002....something expired...he says....

lost 50% of investment....many last year...

Think of it this way...
What if you bought a house you could not afford....
that is what happened....
people vulnerable to the winds of economic change...

credit default swaps....larger than total economy of the world.
inspurance against them going bad....

two facts: tax cut is not a tax cut unless I pay less, and children pay less,

Us military budget....if we cut it....by 10% still be spending more than
the total defense budget of....he names Russia...and a lot of other...

Borrowed a lot of money....could not pay it back....
I am converned about that...

Not demanded fiscal responsibility from our government.
Woman speaking' been irresponsible collectively.
Don't explain clearly...
Media...not telling...we are living beyond our means...
more here...

going on...political system...we say there is no thing as a free lunch,
but we are still eating eat.

Explain.

Entitlements?

Earmarks? waste and fraud?

calculations, if we did all three...got rid of
tax cuts, end war, and earmarks....only 15% of longterm problem.

Rebecca Banks?
deficit..

deficit spending....???

We defy the economic rules...
deficits do matter over time..
if structural in nature...
become addicted to deficits and debts....

we need to get around longterm problem...

people seriously worried...
where borrow all this money?
solve it...stop spending...
or

issue urgencies...
running up national debt...
out of control debt...
issue of national security...


Paul O'Neal...resigns...
Secretary of the Treasury...






 

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