Published: Wednesday, Dec. 21 2011 7:00 p.m. MST
If only barack was the president of hungary. He would turn their economy
around. It's a very simple formula. Increase taxes, increase borrowing, give
money to people who vote for you, give money to businesses that barack has money
invested in, take control of peoples abilities to choose.And wala
you have 9% unemployment, 17% True Unemployment and over $5 Trillion of new
debt!Come on hungary get with the program.
Liberal Ted: Good Points! But, don't forget that the Federal Reserve is
providing funding to the ECB to buy bonds and guarantee loans. They have
immediate access at 1.1 % interest! Just a cool 639 Billion if needed. The fed
has already made available and given(GIVEN) near 700 Billion in currency printed
offline of the budget. Not part of the 7 trillion that will be added to the debt
since President Obama too office!But dont worry the economy is
getting better!25 million unemployed or under employed.50 million on
Food assistance.Worst housing market since record keeping started in
1959Declining savings rate which means Christmas is being paid by debt or
every penny some have.
Maybe if they quit taxing and spending they would do better. Sound familiar?
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