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“…we are spending three-hundred-billion-dollars on tax cuts for people who don’t need them.”

Lets examine this statement.

How do you spend tax cuts?

Taxes don’t exist, except in the mind of politicians.
Obama-
“…in order to make those decisions we have to know what our values are and who we’re fighting for. And if we are spending three-hundred-billion-dollars on tax cuts for people who don’t need them and really weren’t asking for them, and we are leaving out healthcare which is crushing people all across the country then I think we have made a bad decision and I want to make sure we’re not short-changing our long term priorities. ”

How can you spend something that you shouldn’t have in the first place?

Sorry, Barrack, you can’t spend a tax cut. You can only not spend something you shouldn’t have.

My opinion,

S. Laurvick

Paulson is no fool.

He ran Goldman Saks and understands how to manipulate the marketplace to turn a profit. That’s why he and novice fed chairman and economic academic know they have the power to turn a $70,000,000,000 portfolio with a value of perhaps $25,000,000,000 in todays marketplace into a net profit in the future.

You see when you control interest rates and money flows you control real estate values in the future. The massive influx of fed funds and the low rates of the past 3 years guarantee massive inflationary effects.

This means after the portfolio is purchased it will almost immediately be worth a higher dollar amount because of the inflationary spiral already in motion.

Ok I think I get this whole credit plan Paulson and Bernanke have dreamed up.

No entity has the power to turn a portfolio of loans with a majority of

defaults into a positive cash flow except the United States government.

By purchasing this debt the fed can offset defaulted loans by simply raising

interest rates, accelerate the rate of inflation, and manipulate the value of

properties.

The time to buy real estate is now.

The dollar is about to be greatly devalued and hard assets are about to rise

in value in proportion to the default rate of the 70 trillion dollar

portfolio the US government is about to purchase.

S. Laurvick
9/25/08

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