The power of infinite “Innovation”
By Daniel at 17 April, 2009, 2:46 pm
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If the Feds (group of privately owned banks that prints our money - cannot be controlled by the Congress or the Treasury) can simply print trillions of dollar at any time, then channel the trillions secretly into all their buddies’ insolvent banks, plus they can channel trillions into our Treasury. Why do we need to even have a hearing from the Congress for a mere 700 billion TARP bailout?? Why the outrage of the people on the bailout? Why do Congress even pretend to summon the Feds for hearing when they have no control over it?
Why is our money not printed by our government’s Central Bank like the rest of the world?? In this case, the Feds can simply print “unlimited trillions” channel the money through all kinds of “innovated financial programs” to buy up all the resources or strategic businesses on this planet, then use it to rehaul our infrastructure, with leftover pocket change to give every citizens a $100,000.00 check. Why bother to have thousands of economists or watchdogs analyzing which course we should take on the economy?? Isn’t all this a farce?? Why even bother to have American citizens work so hard or family struggling just to pay their bills…just print and give the money to our struggling families. Why not just drop all the pretense of the Feds controlling the flow of the money, and just give it a big 100 trillion “Bang” to revive the economy. There should be no homeless people in the United States.
Why is it that we blame (or try to avert attention to our problem) other countries for manipulating their currency. For instance China, it takes 10-20 years of their hundreds of millions slave workers with meager pay, to produce and export “things” to us just to accumulate a pitiful 2 trillion dollars reserve (which we call enormous), while with innovation the Feds can simply print that money in just few days and give it secretly to all the bankers?? Why be such a hypocrite.
Why pretend everyday that it is so important for foreign money to come into this country to buy our Treasury bonds or other equities, while the Feds can simply buy up unlimited federal or state government issued bonds and inject unlimited amount of money into the Wall Street, and even give TARP to virtually every industry in the United States, and pump the DOW up to 20000 points if we really want to….why pretend that Americans need to work hard at all. The Fed can simply print and give the money away and the inflation will still be mild, because we are the reserve currency of the world. Why pretend there are good businessmen or lousy businessmen in this country, when in the end, they can all get rescued by the Feds. For instance, the bailout up to now to AIG alone, is bigger than all S&L banks combined in the 80’s. Of course, the rescue always never trickle down much to small citizens of this country.
The rest of the world needs to earn the money to buy “things”, but we can simply print the money and buy “things” and impose our will on the world since we have unlimited resources. No wonder we are the most innovative country in the world.
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