When dealing with a low economy you must increase a country's GDP in order to bring it back up to par. There is no argument there. This is where you question; how is it that creating jobs that have nothing to do with GDP (firefighting, tax professionals, lawyers, policemen, soldiers, etc.) actually help?

Answer: It doesn't

So why does spending money and adding to our debt help?

That is because, our GDP has evolved into debt. Therefore, creating more debt helps our economy in the short run. Problem is bills need to get paid. When you increase debt you increase the bills. Its a catch 22.

How can this be? This wouldn't make a stable economy at all...

Our economy is complex, yet simple. The only information that i can find explaining how the system as a whole works suggests that we have an unstable one.

Everyone knows that the Federal Reserve prints money, and controls interst rates. They do this because every dollar that's printed has an interest tacked on it that has to be paid in full to the federal reserve bank. I believe this is called a Mandrake Mechanism....

In order to keep this system afloat we needed to establish a Fractional Reserve System which only requires that banks only need a small percent of their loans to be backed by actual paper money. 90% of the money in existence, is loans. But, with every loan that's taken out and deposited, you can create another loan for a slightly smaller amount.

This means that the system will crash down by destroying our dollar. In fact this is why our forefathers state very painly in our constitution that the power of issuing money resides with congress (NOT A CENTRAL BANK). This is also why our forefathers very openly said that "gold and silver are the only legal tender". We aren't even supposed to have paper money to represent gold or silver. To those that foolishly think that carrying that money would just be impractical here this. One ounce of gold is equivilant to nearly $1,000. (Roughly)

Our economic problems could be solved simply by abiding by our constitution. Lets see if our "new" leaders figure that out...

you're right!!! i can tell you with great assurance that our new leaders won't do that. john f kennedy tried to abolish the federal reserve through and executive order and he ended up getting murdered a few months later. he started distributing what we know as silver certificates and was going to take the federal reserve notes out of the circle. after he was murdered, the silver certificate stopped being circulated and the federal reserve reamains standing.

That would be Executive Order 11110. Rumor has it that it still exists, its just that noone dares to use it....

very smart man!!!! i like your intelligence. it's actually pretty refreshing.

i would use it in a new york skinny minute if i was president. that would be first order of business after surrounding myself with the military.

Your mortgage is a contract if you can't meet the terms don't sign it. Nobody can force you to sign the contract.

sorry..too tired to think

Hi Drivin

Many could meet the terms when they had jobs. Many could meet the terms before they had a medical catastrophe.

you guys are right, people hung themselves with some rope that they found on their journey through life and i think the ones that put the rope out there should be punished but you have to look outside of the box to see the culprits.

And this is where the banks, and the people will have to take a hit. This is how the world works.

The bigger problem will start when people start believing the government should nationalize healthcare, or subsidize businesses for the banks making bad investments, or starting artificial jobs for people, etc. We've already made two out of 3 of these mistakes, and people are talking about making the final mistake.

People need to look at history...

Thank you.

Its refreshing to see some people still agree

Howdy Rose. I am definitely happy to see you chiming in again. You were missed.

They should of had medical insurance to cover it. If you can't pay don't buy.

lol remember you said this next time i chime in lol



as far as what's currently being talked about...yes people can't always foresee the future and things do happen, but you have deal with it when you take risks etc

male bounding

OMG!!!! should've, would've could've!!!! everyone is just trying to get by in this world the best they can without being stomped by the man. your apathy is exactly part of what's wrong with the country right now and why it won't get fixed unless people stop thinking like you do.

Many could pay when they bought the house.

Not all jobs have medical insurance these days. And private insurance costs a fortune.

They should of had medical insurance to cover it. If you can't pay don't buy.



OMG!!!! should've, would've could've!!!! everyone is just trying to get by in this world the best they can without being stomped by the man. your apathy is exactly part of what's wrong with the country right now and why it won't get fixed unless people stop thinking like you do.

You quoted me instead of her. I'm on your side.

amen winx!!!