''An End to Exponential Easing at the Altar of Bernanke's Faith-Based Inflation!''
MUST WATCH.....From RT.com......................''Welcome to Capital Account. The top executives at more than 80 big US
corporations sent a letter to Congress asking for "comprehensive and
pro-growth tax reform, which broadens the base, lowers rates, raises
revenues and reduces the deficit." The CEO statement, organized by the
Fix the Debt campaign, calls for a Simpson-Bowles type approach to reign
in the US deficit: three dollars in spending cuts for each dollar of
tax increases. The US has been running trillion dollar budget deficits
for more than four years, amounting to more than $16 trillion in
national debt. With no plan in sight for politicians to significantly
rein in spending or balance the budget, the chief executives, including
General Electric's Jeff Immelt and BlackRock's Larry Fink, have stepped
out of the shadows to pressure congress into action. We talk to our
guest, Simon Mikhailovich of Eidesis Capital, about potential approaches
for tackling the US debt.''
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