6/26/09

How many American citizensare aware of their country’s actual financial condition?

deficit-4-10



Ken Catalino, Via Slate Cartoon Index

In every deliberation


we must consider the impact of our decisions on the next seven generations


 


Great Law of the Iroquois Nation


 


If some consider insanity to be doing the same thing repetitively


expecting different outcomes


 


and the Federal Reserve contributed to the financial crisis


by creating short term growth at the expense of long term stability


after increasing money supplies by about 27% from 2001 to 2005


while reducing short term interest rates from 6.5% in 2001 to 1% in 2003


 


why would some want to repeat the same strategies? 

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