While reading what I think is one of the best blogs on the net, From my position... on the way, I found this excellent video with Fred Thompson talking about the economy, while putting our minds at ease over it all ...
Fred shares the Good News:
- The government has it all figured out, and they've got a plan. Spend more and borrow more money!
- The government wants you to spend your way to prosperity too!
- The government has assumed almost $8 trillion in obligations, so they want to make it easier for you to run-up your credit cards too!
- The politicians and their "experts" are in consensus - we simply need to "double-down" on the bets that got us into our current economic mess in the first place.
Don't worry! If this sounds crazy to you, it's just because you don't understand the "intricacies" and "sophistication" of our "new" economy. So sleep peacefully tonight, because ...
- The same politicians, economists, business executives, and government officials who guided us to where we are today, will continue their successful leadership.
- President-elect Obama has even greater plans to spend more money in order to spend our way to financial health.
- Hey, we can just print all the money we need anyways. What do you think we have the Fed for?
- Besides ... and this is the best part ... we don't even have to pay the bill for this spending spree. Our children and grandchildren will be picking up the tab!
Full video below the fold.
