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News Link • Economy - Economics USA

Behind Battle Over Debt, a War Over Government

• NY Times
The endgame in the fight to increase the nation’s debt limit has only begun, but intense exchanges this week between the two parties have made it clear that this is not so much a negotiation over dollars and cents as a broader clash between the two parties over the size and role of government.

1 Comments in Response to

Comment by Olde Reb
Entered on:

 this is not an issue of whether to fund the government; it is an issue that the Federal Reserve has depleted their available funds with QE1 and QE2 and have no more money. They need new funds from government deficit spending to continue a futile effort to save the Rothschild's international banking scheme from the bankruptcy the fraudulent housing crisis has recipitated. Any rescue permitted by Republicans will only be a postponement as the exponential increase in imaginary claims to wealth by direveties has created. Deficit spending is instant money for the Fed.,  RIP OFF BY THE FEDERAL RESERVE

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