Common Sense Video — “We are in a Death Spiral”

October 31, 2012
Common Sense, Favorites, Government, Insolvency
1 min read

Tags:Andros Death Death Spiral Economic Problem Gordon T. Long Romney Ty Andros Watch It

This video gives a wonderful overview of what is going on.

Ty Andros and Gordon T. Long discuss our economic problem. A Must Watch! It is one of the best explanations of what lies ahead that I have heard.

Regardless of who wins the election, this problem is insurmountable even if Romney wants to change things. Politics and mathematics preclude a solution.

... if the elite recognize unused tax potential, new government spending, always on [a perceived] unmet need, is more beneficial than any spending by an actual earner on any private benefit. John Cochran
The difference in golf and government is that in golf you can't
improve your lie. George Deukmejian
“Conservatives and liberals are kindred spirits as far as government spending is concerned. First, let's make sure we understand what government spending is. Since government has no resources of its own, and since there's no Tooth Fairy handing Congress the funds for the programs it enacts, we are forced to recognize that government spending is no less than the confiscation of one person's property to give it to another to whom it does not belong - in effect, legalized theft.” Walter E. Williams
Most politicians are little more than frustrated actors -- too stupid for radio and too ugly for TV. Monty Pelerin
An ugly newscaster has more credibility than a pulchritudinous one. He/she must have substance to remain on air in these shallow times. Monty Pelerin

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Common Sense Video — “We are in a Death Spiral”

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