White House: $53 billion for high speed rail system!

[Zacha341]

Yes, our devaluing dollar is an issue that will continue to impact Americans withstanding party loyalty. The 'kick the can down the road' policies of spending is going to require its own special BALLOON payment which will not be solved by the usual partisan rubric/ rhetoric.

Not yet but the dollar has lost 95% of it's spending value since 1916. That's a crude measurement but gas cost 32 cents a gallon and Ford Mustangs sold for $2,499 in 1969 as I recall. Grain prices have increased spectacularly this year. Drip, drip... why that's our dollar eroding. Just wait until the $1T the Treasury let loose and the $2T the fed let loose hit the streets to ratchet up the demand part of supply/demand.

You're right, I am equating Obama's policies with Robert Mugabe's and Kaiser Wilhelm's. You get a passing grade for mentioning one of them. For extra credit, where is the $53B coming from? The choices again are higher taxes, eliminating something else from the budget, borrowing from China, or by running the Fed's magic money printing machine.