Tuesday, January 17, 2012

My Favorite Subterfuge

Have you noticed how frequently the Republican candidates for President pandering to the tea party, always use the analogy of the average family budget to describe how they would approach government spending? I know it's funny right? But what's not so humorous is how many people in our country actually believe the analogy to be true.

Reality is, government is just a legal Ponzi scheme, they print the money, they make the monetary policy, and they tax the populace they control. When tax receipts don't allow the budget to balance, they print more money. You and I can't do that. Neither can we use inside info to fatten our bank balances without fear of prosecution.

So next time you hear one of these endlessly campaigning power seekers try to sell you on the idea that they can "balance the budget...", "if only the other party saw things like us..." check yourself before buying in. Caveat Emptor.

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