tag:blogger.com,1999:blog-2611021408437270881.post7401018954854460394..comments2024-03-18T23:59:39.885-07:00Comments on Skeptical CPA: Argentina's Continuing CrisisIndependent Accountanthttp://www.blogger.com/profile/07800220849565219709noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2611021408437270881.post-30375934979196838712010-02-22T18:00:29.845-08:002010-02-22T18:00:29.845-08:00This routine has been happening since Louis XIV bo...This routine has been happening since Louis XIV borrowed so lavishly to fund 4 wars...<br /><br />The monarch borrows, spends and taxes the people.<br /><br />The estimate is that President Obama <a href="http://blogs.reuters.com/great-debate/2009/12/17/burning-borrowed-money-in-americas-wars/" rel="nofollow">will spend $10 million an hour in Afghanistan</a> once all troops are deployed...<br /><br />And Iraq.<br />And military presence in 100+ countries.<br />And stimulus.<br />And support for states and local govs.<br />And Medicare.<br />And Social Security.<br /><br />Going broke at an accelerating rate. All the Bernanke/Geithner/Summers tricks won't slow this train down.Anonymousnoreply@blogger.com