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  Govt- Politics

The President and Congress, Let's "Kick the Can Down the Road" - Do You Agree?

By Lance Ciepiela ()     Permalink
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The President and Congress, Let's "Kick the Can Down the Road" - Do You Agree?

    



United States Congress - Is The Federal Reserve System Doing a Good Job?

Far easier for the president and congress to borrow money at interest from the Fed, rather than to stop the borrowing (the national debt) from the Fed and print-up United States debt-free sovereign money and having to increase the taxes to pay for all the wars and all other spending - they would then have to justify every United States Note spent and have to also face angry voters and corporate chieftains, upset at all the frivolous spending, and risk getting voted out of office.

No, without debt-ceilings and outside constraint, Congress will go wild with money creation
Yes, We should spend debt-free money on things we need
Other - please comment

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Lance Ciepiela is a retired senior who had an interesting career in government service - a United States Marine Corps (USMC) Vietnam-Era veteran, who became interested in restoring the Constitution after I realized that W Bush had attacked Iraq (more...)
 

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