Rand Paul and Michelle Bachmann have submitted suggestions for budget cuts of $500 and $400 billion respectively. Of course, I think the cuts are conservative in nature since we will have at least a $1.5 trillion deficit this year, but Paul and Bachmann get labeled as "wacko." What is not wacko in our country is to assume we can continue to run deficits with 12 zeros indefinitely with no consequenses.
http://finance.yahoo.com/news/What-a-Tea-Party-budget-looks-cnnm-804053456.html?x=0
Propose a $2 trillion dollar deficit and you will get assigned as an assistant at the US Treasury or Federal Reserve. Isn't paper money a miracle? I'm sure this will end well.
Here is a list of 599 failed paper currencies in history. Don't worry though. I'm sure this time it will be different.
http://dollardaze.org/blog/?post_id=00405
"All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation."---John Adams
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