Here is a dynamite article by Peter Schiff on the economy that is clear, succinct and to the point.
http://www.europac.net/externalframeset.asp?from=home&id=15457
Presbyterians, Creation Days, and Evolution
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In 1830, Sir Charles Lyell argued for uniformitarianism (interpreting the
earth as something formed by continual and uniform processes) in his *Principles
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1 week ago
1 comment:
Yup, he's on the mark. If we go and eat up all the chickens in the chickenyard, soon enough there will be no more eggs for breakfast.... nor any chickens. He is also spot on when he says business credit is difficult to get, but consumer debt has been very easy to incur. the Small Business Administration has a long history of NOT making funds available except to those who do not need it for their business. I have been forced to use personal credit to stock and expand my own small business, having been unsuccessful in getting any credit for the business itself. If there is no credit to increase the means of production, new wealth will cease to be created, and there will be nothing with which to repay the consumer debt, a concept our present "government as messiah" crowd simply fail to grasp. But then, perhaps they DO comprehend this fact, but calculate to be out of the picture when the whole mess implodes, having sufficiently lined their own pockets and those of their cronies.
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