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View Diary: How much longer can the Austerians and their puppets go on with their failed policies and lies? (125 comments)

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  •  Excellent comment (9+ / 0-)

    Great way to hammer home the point.

    Balancing the budget gives all the power to private banks to create the money and send us into debt.

    Running deficits is a the people's way of distribution of money for the public good.

    I'm shocked that people in the media and DC punditry don't see this for exactly what it is, a balance between the government distribution of money directly through spending and the creation of money by banks.

    In my opinion, we should run the show by committing to healthy levels of government spending, then regulating wall street and the banking system so that it produces socially optimal outcomes that financial mediation can provide.

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