Larry:

Its really much worse. The total amount of lending to the financial institutions, primarily the too big to fail Wall Street "inveatment banks" is now at 16+ TRILLION sice the 2008 meltdown of the credit default subprime mortgage disaster that would have best been used to force these banks into a cleansing bankruptcy process, and a sound restructuring of our debt fueled financial systems.

Now, the investment banks that get federal reserve "printed money", in reality just eletronic dollars pulled out of thin air by a hell bent for leather inflating our way out of the consequences of our profligate debt fuelled economy, are continuing to double down with more lending to those institutions at 0.01% interest rates, and the banks are putting that money to use reinventing new subprime mortgages to move the huge and continuously growing supply of foreclosed residential properties on their hands. Too, a dood portion of those lent federal reserve momopoly dollars are finding their way back into credit default trading instruments, and commodity futures tradeing, as the investment banks see the inflation looming on the horizon. And the chief sector of commodity futures trading the investment banks are speculating in are oil futures, gasoline and deisel and heating fuels futures...drving up the prices we are aying now, and will pay later, on everything from gas at the ump to the production and transportation costs of the products of our fuel energy dependent agricultural enterprises and distribution outlets. Don't enen get me started on what that speculation is doing to inpact our energy dependent defense requirements.

Ron Paul is the most prominant Republican sounding the alarm. But even such Rebublicans focused on the big picture (macroeconomics) like Rob Portman, Senator and former budget director under George W. Bush, have been sounding the alarm. An it is rumored that he might have the inside track as the choice for VP running mate for Mitt Romney. That will bear watching, as will the principle candidates in the election campaign ahead, including the debates.

Too, it is rather a truism that the Party in control of the White House enlists the assistance of the Federal Reserve to grease the squeaky wheels of the eonomy in the 6 months leading up to the election, by hook or by crook, so you can be sure the spigot of cheap monoply dollars will be left full on at the Federal Reserve, just as the Democrat controlled Senate will not entertain passing a budget, just as they haven't in the last two years so that the executive department (Obama's infamous "czars") can continue to inflate with unbedgeted dtax payers and borrowed dollars their patronage spending and overall redistribution of wealth practices run amok!

In other words, Democrat Part politics as usual. Notably, Wall Street did provide $477 million dollars to Obamas and the Dems 2008 election campaign coffers, and are owed due recompense, of course.

So, it's obvious by the false logic, that Larry is of the conservative right. Like, really, only Obama got money from Wall Street and only Obama is going to be doing them favors?

And how about this deficit hawk? We don't even have a deficit at all, when all is said and done. I don't know what tax bracket you're in, but as a private sector business owner, I have watched those I know on salary pay upwards of 30% in taxes. You don't think the corporations and people who make millions should also pay 30%? See in math, 30=30. So, it's only fair they pay their taxes-oh, but if they do, we end up with a 900 billion dollar surplus. I can do the math for you, but I doubt you'll understand. It's not even Brain Surgery math-just good old elementary fractions. I can and do prove it daily on my blog and on the up and coming website OnlyTheFacts.org, which will be up in the next month and include videos that will be released to all the news stations up desks.

But you are so intent on blaming it on Obama that your mind will not possibly understand math so simple it can be done with pen and paper. All based on accepted numbers of the GNP, GDP, CBO and even posted on right wing websites.

And what do you think would have happened to the economy if we let the banks fail. I had a much better option: that's to have given the banks a loan just like the auto industry and to be paid back with interest. It's too bad your amygdala is so enlarged that you do not have access to your anterior cortex.

I'll leave it at that. You wouldn't understand the facts either way-so it really doesn't matter.