Comments on: Tap the brakes on that bull market http://indignation.today.com/2009/01/03/tap-the-brakes-on-that-bull-market/ Just another Today.com weblog Sun, 08 Nov 2009 01:34:04 +0000 http://www.today.com/version-2.3.1 By: skwguitar http://indignation.today.com/2009/01/03/tap-the-brakes-on-that-bull-market/#comment-2 skwguitar Sat, 03 Jan 2009 22:37:13 +0000 http://indignation.today.com/2009/01/03/tap-the-brakes-on-that-bull-market/#comment-2 Yeah as much as the libertarian in me hates it, I think your last point is right. Years of abuse has created this recession - it's not something that conservative fiscal policies alone could fix. Although, I bet if the Federal Reserve was abolished we would all instantly have more money, and would subsequently spend more and get the economy moving again. 80% of the world's money is held by 10% of the population. There just isn't enough to go around with these people in power hoarding it for the average american to spend in a situation like this. Oh what's that? We'll just give them 700 billion tax dollars and then not even watch where they spend it? That works too... (sarcasm font) Yeah as much as the libertarian in me hates it, I think your last point is right. Years of abuse has created this recession - it’s not something that conservative fiscal policies alone could fix.

Although, I bet if the Federal Reserve was abolished we would all instantly have more money, and would subsequently spend more and get the economy moving again. 80% of the world’s money is held by 10% of the population. There just isn’t enough to go around with these people in power hoarding it for the average american to spend in a situation like this.

Oh what’s that? We’ll just give them 700 billion tax dollars and then not even watch where they spend it? That works too… (sarcasm font)

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