The site is save our economy dot com.
I don't want to link it just yet. You can type it into your browser to check it out. This diary is a request for some clarification on how this thing would work.
At first pass it seems like a VERY BAD IDEA.
We either spend some 80 trillion a month buying time for everybody (and that could be more or less, I just did a rough estimate), thus denying us any funds for progressive change
,or
we print up a bunch of money, triggering inflation and just hammering those of us that earn the least.
HELP sort this out for me! Truth or BS?
This idea was introduced on a small forum I visit. It's also been floated on the Lars Larson show.
What I heard was a whole bunch of people just begging for another draw on the national credit card, hoping our problems will just go away.
As I posted in the intro, this seems like an extremely bad idea! I don't see where the value to back all the extra dollars is going to come from, unless it's another drain on the treasury, or printing an assload of money.
I need some ammo on this, or I need to be set straight about it being a good thing, so I can go get after it and help get the word out!
Which is it Kossacks?
Help the potatohead here!