Toddsterpatriot
Diamond Member
It has more to do with public policies (which constitute public Use), which the wealthiest can invest in on a for-profit basis, with their existing wealth. It is the opinion of some on the left, that promoting the general warfare cannot be a necessary and proper expense if our federal Congress cannot justify wartime tax rates for it, simply Because, only promoting and providing for the general welfare, is specifically enumerated, should there be Any need to quibble especially in legal venues.I agree to disagree. Simply bailing out the wealthiest and letting the rest, "tickle down" is merely capitalism in action regarding the wealthiest being able to simply "purchase" better privileges and immunities.QE has nothing to do with the right or Reagan's "supply side" economic policies. In essence, every free market economy functions on a "trickle down" principle. If you don't like that principle then you don't like free market economy. Because that's what is happening.
QE is more like the Federal Reserve printing Monopoly money. This is used like smoke and mirrors to keep a fledgling economy from tanking. We'll pay the piper for it down the road in devaluing of the dollar. So... two or three years from now, when we're all paying $4 for a loaf of bread, you'll understand why... or no... maybe YOU won't, I'm sure you'll blame that on Bush and Republicans too.
Simply bailing out the wealthiest
The wealthiest? Can you be more specific?
Bailed out how? Can you be more specific?
QE is simply bailing out the wealthiest on the Peoples' dime.
Yeah, you mumbled something about that already.
Any details? Or you just repeating something you heard and didn't understand?
It has more to do with public policies
So no details.......that's what I thought.