Americanunity - The "small business bill" does nothing to support small business. It is just another DEM "name it something the public will support but do the opposite" bill. Which is why even some DEMS do not support it. Dems control both houses...why can't they pass it on thier own? Because some see what is happening to America.
It is just another SPEND SPEND SPEND bill..throw money at something and it will work. Like Stimulas, Tarp, Buyouts, Bailouts,ect.
What you guys are finding out is that SOCIALISM DOES NOT WORK! Your Theories on Economics are NOT CORRECT. YOU CANNOT SPEND YOURSELF TO PROSPERITY!
IN FACT this is what you are bringing on us all and why the nationwide revolt of the intelligent hardworking people in the US:
"This is the first issue of Sovereign Subjects, a new Morgan Stanley publication focusing on sovereign risk in advanced economies.
Debt/GDP ratios are too backward-looking and considerably underestimate the fiscal challenge faced by advanced economies' governments. On the basis of current policies, most governments are deep in negative equity.
This means governments will impose a loss on some of their stakeholders, in our view. The question is not whether they will renege on their promises, but rather upon which of their promises they will renege, and what form this default will take.
So far during the Great Recession, sovereign (and bank) senior unsecured bond holders have been the only constituency fully protected from partaking in this loss.
It is overly optimistic to assume that this can continue forever. The conflict that opposes bond holders to other government stakeholders is more intense than ever, and their interests are no longer sufficiently well aligned with those of influential political constituencies.
There exists an alternative to outright default. ‘Financial oppression' (imposing on creditors real rates of return that are either negative or artificially low) has been used repeatedly in history in similar circumstances. Investors should be prepared to face financial oppression, a credible threat against which current yields provide little protection."
NOT IF - WHEN!....you cannot keep giving people money and support (illegal aliens, the lazy, ect) that do not work - or even try to - and maintain an economy.
The DEMS and the spend spend spend ways have brought us to the edge of destruction. For that reason they will be slaughtered in the fall...and the Republicans - especially RINOs are next.
