October 29, 2005

when saving isn't saving at all part 7


 jesus
can we stop talking about gubmint fiscal deficits
  as
" dis -saving "

households save 

gubmints  don't


gubmints may tax draft
 charge borrow  jail
 grant confiscate
                    etc etc etc
but they don't 

  save
so they can't ....dis save 


===========================================


--------------------------------------

  then how come  the goo goo word useage ????

cause what is called saving

is cutting some poor oafs life line 

my test

would the oaf call it saving

or involuntary  imposed 
no choice involved sacrifice  

thats a  bloody cut
      a slash not in fact 

a national saving 


a slash 
imposed like a jail sentence or a fine 

  a saving  jesus saved us by sacrficing himself

 he didn't save himself though did he 

but were we saving or just saved



------------------------------

and whats further more 

saving since 
  saving
  is
        by definition 
             a voluntary act 

 forced saving 
  is a hideous oxymoron

used to " calvin coat"
a national 
        bon fire to warm 
  the hands of the fortunate
   fueled  by 
     the scarfices
         of   
           the  lumpin helots 

----------------------------------------------



a case to the point

this is the  daily wash post 
  on uncle ben bernanke :


"Bernanke  advocates
 reducing the federal budget deficit
 as a way to increase 
         national saving
 and help shrink 
  the nation's record trade deficit"

       increase national savings .....

translation:
 
 cut gub expenditures 
and there by  reduce
       our   national borrowing 
                    from    over seas 

now
to u're mind
is  the phrase
'increase national savings'
a fair compression of that ???

    or just 
       a loud  misdirecting analogy 
to pop telling 
his tikes
 he's cutting their allowences
cause 
      'we're reaching our  family debt  limit '


why not more ???

cause uncle sam 
 is issuing the debt
in dollars

  by authentic analogy

pop should be able 
to  pay back his debt 
 in  'house script '

 a scrript who's market value  
will
 be determined 
by pop 

        at a  later date 


------------------------------------------

bernanke's  exact words :


"The United States should work 
to increase its national saving rate
 over time,
 by encouraging private saving..."

okay so far 


"... and by controlling
       federal spending 
to reduce the budget deficit" 

 voila 
       the obscene conflation 


------------------------------------------------

now we're on big bens tail:


"Bernanke  argues
 that the budget deficit be shrunk 
by first reducing spending
 "as much as possible . . . "

why ???

        because  raising taxes

  "would have 
         negative impacts on the economy."


     here we  are a go going
again
 
more tax free profit zoning 
cause of the trickle down 
         gyser  up effect 


-------------------------------------------


will he gabble  in public
             about such non monetary  shit ?????

yup

   but only when 

" deficits and debt 
are threatening macroeconomic
     and financial stability"

read
          "  i'll intervene at  will "
       


 


Posted by lady eve at October 29, 2005 07:23 AM

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