Sunday, August 7, 2011

Greenspan Says No Default As "USA Can Print Money" Please Sarah Palin,Run And Rescue America From The Elite

Well if any one is wondering how the USA got into the terrible position it is now in-a lowering of its credit rating here is part of the answer;

Alan Greenspan
Getty Images
Alan Greenspan

"The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default" said Greenspan on NBC's Meet the Press

Hey Alan why not give everyone a milliondollars of printed money while you are at it,that would surely get the economy growing again.

And these are the Beltway, the Ivy League elite who look down their noses at common sense conservative Sarah Palin. 

If there ever was a statement which explodes the insider, establishment attack on Palin, whose record of good housekeeping as Governor of Alaska is exemplary, and which saw Moody's increase Alaska's credit rating under her stewardship Greenspan's is top of the list. Frankly, this puts the elitists and their liberal media enablers to shame.

This also explains why Palin has been the subject of three years of unremitting, vicious, condecending attacks in an attempt to destroy her as the elite recognize if she were in a position of turning America around to sound economic policy all the fancy titles and insider perks would be exposed for the frippery they are and the destruction they have wrought.

The best thing that could ever happen for America would be for Palin to say enough is enough of this nonsense and declare her candidacy and take her message directly to the America people.

Meanwhile in the real world "A second recession could be much worse than the first" says Catherine Rampell at the New York Times.

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