Monday 12 April 2010

The Mogambo Guru on how Democrats/Labour see to it that the rich get richer through the wonder of fraudulent money

"Apparently, though, Senator Baucus is kind of stupid, as he does not understand that when a government deficit-spends, it does so by borrowing the money, but since the poor don’t have any money to loan to the government, the rich end up borrowing the money to loan to the government, whereupon the rich, over time, get all their money back, plus interest, making them richer, while, unfortunately, the poor get poorer because prices have risen."

He has much more to say, and as is customary for him he may or may not make you laugh, or cry, along the way.

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