Monday, September 23, 2013

IS THE TEA PARTY INSANE?

Einstein defined insanity as doing the same thing over and over again expecting a different result. This is the Tea Party's forty second (42nd) attempt to defund Obamacare.

Of course, there is always the possibility that the Tea Party has heard that 42 is the answer to everything. %<).

Personally, I think trying to rob from the sick to give to the rich is insanity.

Also, these num nuts do not seem to understand that the Chinese buy US bonds ON THE OPEN MARKET. The US does not go to China and ask for money. The US puts its bonds up for sale to ANYONE IN THE WORLD.

Switzerland managed to remain neutral during two world wars that engulfed Europe, because EVERYONE had their money in Swiss banks. If China is actually keeping a large portion of its savings in US bonds, they are unlikely to harm the US. THE SAVINGS THEY LOSE WILL BE THEIR OWN.

In any event, the bonds are sold on the open market. It is called capitalism and a free market economy.

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