House Health Care Bill Exceeds $1 Trillion
House Health Care Bill Exceeds $1 Trillion
Strong healthcare reform is needed to keep the American economy strong.
So the part that feels like a rock and a hard place is that without health care reform we'd be toast. The rock is the cost. They can monetize the deficit or tax us more. These are essentially the same thing. In one case the just take it and the other they inflate it (aka steal it with a hidden tax of the devaluation of the dollar). It sure seems like the dollar is going to inflate very quickly when all those foreign dollars come flooding home. If we didn't have to pay the Federal Reserve interest on the National Debt we could afford even more costly healthcare reform and still lower the deficit to boot. Seriously, why is the Federal Government paying interest on its own money? What kind of nonsense system are we living under? BTW, the Fed is a private corporation with little or no real oversight by the public Federal Government. They should be audited to prove that our financial system really is strong. This would boost the value of the dollar. That is to say, confidence would be restored. That's what we want, no? Otherwise it would be nice to know if our monetary system is just a ponzi fraud that makes all other fraud combined like a drop in the Great Lakes.
Any way this happens it's going to be ugly. My only hope is that democracy for and by the people is chosen.