Friday, June 10, 2011

The Whiny-Butts Start Spinning the Narrative

SEE HERE Finger-pointing and blame, the Democrat blame game. Nothing, after all could be their fault. It has to be those other evil folks because they have the best of intentions and those others, those outsiders, those evil ones, it's they who seek to do things like pass budgets and control spending.

Doesn't anyone but me think this whiny-butt posture isn't very convincing in people that are supposed to be grown up. Let's make one thing perfectly clear: The Democrats have thoroughly screwed up the economy and left on the trajectory it is on we can anticipate a major collapse. That's it! Just look at the numbers.

My mantra is "Show me the data." If you have real data I'll salute. In this case the data is exponential runaway spending well beyond our ability to pay. What happens when you do that? You go bankrupt and no one takes your checks anymore.

What about government? Their version of bankruptcy is a little different. What happens is that their checks (the money they print) becomes relatively more worthless. In extreme cases it becomes suitable for lighting fires and little more. Unfortunately that usually means that there is a major take down of everyone's savings. So as the collapse point is approached people try to shift their paper money into tangible goods which accelerates the process of collapse as prices are bid up on a limited supply of goods.

In short, we can look forward to inflation and in extreme cases hyper-inflation. But the whiny-butts what to blame someone else for their irresponsible behavior. Surprise! Surprise! Bush made me do it! Give me a break! We need to send some adults to Washington to clean this mess up.

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