Kontent News

My take on the commodity supercycle zeitgeist...and the rise of the precious metals, uranium (just bottomed, btw)and alternate energy. Get ready for peak everything, the repricing of the planet and "black swans" all over the place..

Friday, March 31, 2006

The Spoof - Bush Promises Free Lunches For All

The Spoof - Bush Promises Free Lunches For All: "Washington, D.C. -- Reversing a longstanding metaphor from economics, George W. Bush, on Friday, said that there actually is such a thing as a free lunch. Under his economic plan, nobody has to pay taxes, our nation doesn’t have to export anything, and our government and its citizens can all spend unlimited amounts of money. Why didn’t anybody think of that sooner?

The new economic philosophy, which has taken hold in Washington, is based on the idea that, simply issuing unlimited amounts of credit, in the form of low-interest, or interest-free loans, and the sale of government bonds, will pump enough money into the hands of consumers, that the economy will continue to escalate, ushering in a new era of unlimited prosperity"

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