Comments on: Tyrannosaurus Debt. How many people realize the money for the economic stimulus does not exist?

By: Overt Operative

Overt Operative — Wed, 18 Mar 2009 21:19:12 +0000

Never create debt unless that debt will create wealth.
That is one of the oldest adages in the financial world. If borrowing this money is going to create more wealth, then it is the right thing to do.

By: enter name here

enter name here — Tue, 17 Mar 2009 06:29:09 +0000

Oooo ooooo oooo… I do I do I do…. *flails hands above head*

otherwise we would have to print more money and then inflation would go up and the value of our dollar would go down faster than the lire before Euro.

By: KatrinaLimited

KatrinaLimited — Mon, 16 Mar 2009 08:40:28 +0000

Haven’t you heard…the printing plates for which will print this money are already being oiled up. Who needs real money anymore..our monopoly money will pay for this pipedream.

By: Agent Smith

Agent Smith — Sat, 14 Mar 2009 17:52:26 +0000

It’s called a Ponzi scheme.

It worked for Bernie Madoff for years.

Now the pros can try it.

Tax, borrow or print money – you and I both end up paying in the end.

By: forty winks

forty winks — Fri, 13 Mar 2009 01:03:03 +0000

The actual cost with interest is 1.2 trillion dollars ! And didnt Obama say that this will be the norm from here on out ? 1 triilion dollar budgets year in and year out ?

By: Its Kfed...byutch!

Its Kfed...byutch! — Tue, 10 Mar 2009 10:02:05 +0000

We’re screwed.

By: jimbeaux

jimbeaux — Sat, 07 Mar 2009 06:17:43 +0000

Why, my wife and I do this all the time! Whenever we’re out of money, we just get our charge cards out and get a cash advance! Oh, sure, we’ll have to pay it back someday, but I’m going to enjoy the cash while I have it.

Our Gov’t – We can’t be out of money, we still have checks!

By: Croaker

Croaker — Sat, 07 Mar 2009 05:52:57 +0000

Well if you follow reaganomics some debt is good…not sure he would have ever pictured this…but then under reagan the debt doubled…as it did under W.