Severe situation for USA as financial meltdown spins out of control. Shocking report.

Just look at these figures... How could anybody vote for Obanana with figures like this.

 

Easy, just blame Bush!

 

Nitwits voted form Bush twice with numbers like that....and McCain too. What's your point?

 

My point is they should wise up. Not even the Titanic can go on steaming like this.

 

Haven't you been keeping up? We need to spend MORE!!

 

Because the money is borrowed out of thin air, the debt means nothing. Cutting off the government injections is what would send America into a Mad Max scenario. The service sector is all America truly has left, and even with the government injections, it is holding on by a thread. Service doesn't pay its workers enough to create a demand for service, ergo, a service economy isn't self sufficient. They keep things flat lined for a couple of decades by totally cutting of defense spending and telling the global community to police themselves, and keep current trade and fiscal policies. But despite academic myths and scare tactics, that is the type of isolation that would set us up for a really bad situation should world war break out again. As Russia's and China's allegiance to the "global community" is questionable at best for even the most optimistic supporters of globalism.

World War 3 is inevitable at this point. All globalism did was put a lid on the boiling pot. Instead of letting water boil out naturally, the pressure has built to the point it is going to blow the lid off. Americans must elect nationalists and throw the globalists out of power, as their dedication to a pipe dream is going to set us up for the fall. We must prepare for what is coming, as we are going to be set up to be the bad guys, and our enemies are going to outnumber us 20 to 1.

 

That's the other think people fail to remember. The "currency" is printed out of thin air, and is unlimited and attached to absolutely nothing. We could print 100 billion gazillion dollars tomorrow if we decided to...besides...the debt means absolutely nothing and "isn't important" (so says Republican idol The Dick Cheney).

 

When Hitler took over Germany, they threw the old central bankers out on their ass, absolved all debt to them, started their own issued notes, and Germany was a powerhouse within 2 years. While Nazis shouldn't be looked to for a plethora of items, that one is certainly something we should copy. And we can do that at anytime we so choose as a people.

 

Except there is one ***** in your armoire.

You are borrowing the money from foreign countries, NOT yourself.

When you owe debt to others you suffer the consequences for not paying.

Good luck with that.

 

US debt to foreign nations is 15% of our total overall debt.

Entitlement programs are the most expensive expenditure in our budgets

 

Why would anyone vote or Obama or Romney? Or Bush for that matter.....Or any other American Partisan politician that only cares about how much money corporations can give them?

Bush did just as much damage as Obama has done. He raised the debt from 4 trillion to 10 trillion, and Obama has raised it from 10 to 16.

They care about about playing their little political games, and getting as much money and power as possible.



What we need is a leader, and not just another political puppet, but that will never happen until we get people who will not sell out the American people to special interests for money.

 

Why would anyone vote or Obama or Romney? Or Bush for that matter.....Or any other American Partisan politician that only cares about how much money corporations can give them?

Bush did just as much damage as Obama has done. He raised the debt from 4 trillion to 10 trillion, and Obama has raised it from 10 to 16.

They care about about playing their little political games, and getting as much money and power as possible.



What we need is a leader, and not just another political puppet, but that will never happen until we get people who will not sell out the American people to special interests for money.

 

Massive entitlements like those going to big oil you mean>

 

I think Bush had it right..Just go shopping!!!

 

Hey....I am all for stimulus if it is a check straight to my mailbox instead of $$$$ to the banks, corporations and other special interests.

 

Or, people could pay their taxes! (Romney and friends), like we see in Greece where tax evasion is causing them trouble, you also haev the same issue!

 

http://www.bloomberg.com/news/2011-...to-gnp-cost-poised-to-increase-to-record.html.

By 2016 we will be spending more on Debt servicing than on any other budget item.

 

When you have the greatest market in the world, all those you owe money to you can give credits against tariffs for amounts owed. Point moot.

 

Nah they'll deal with the debt by austerity. Holding off something more drastic for another ten to twenty years. That way the government will be most able to extract more money from their backers.

What they should do is increase wages across the board and do it internationally with other countries such as those in the European union and Japan. Cause really how are economies going to get better if there is no demand because there are no spenders. And I mean an actual wage increase not stimulus like what Obama did for GM. Creating a million jobs with half the wage for the work their doing isn't worth bragging about. That seems like it was done simply to gain union financial backing rather then actually stimulate the economy.

Still the "international community" seems to have no interest in that. The plan at the Toronto g20 to get out of the global recession didn't even mention wages.

And really I (*)(*)(*)(*)ing doubt Romney would improve the situation.

 

It's not so much the greatest market as it is the most invasive. Also being the worlds largest military power helps.

 

How? Because the alternative is the outsourcing master...PinkSlip "send 'em all to India' Mittens.

 

Still though, you grasp what I'm saying. All money we need the FED could print. The only reason they are trying to get other nations tied to their American system is because they know the outing of them is inevitable, the military and law enforcement will work for whomever is in charge, which means they will need foreign troops and want more than a "pretty please with a cherry on top" to get them. The debt to the other nations owed by America, via the globalists, truly is the only thing to worry about, but as long as we make good on it everything should be kosher. Like when the French revolted and caught their king at the border, headed for Austria to raise an army and take back over. Luckily in modern times the elite of China and Russia aren't related to the globalists of America. So many of their "friendships" were forced through a position of power, I think a good majority of the world would turn a cold shoulder to their loss of control over the states. Most would be proud of Americans.

 

Money printing lowers monetary value and causes runaway inflation. Borrowing money they are essentially doing the same as printing money, while holding the monetary value steady. China now has an incentive to preserve the value of the dollar because a weak dollar will result in a worthless set of US securities that they purchased.

Hey I need to ask you. WTF is Nationalist Capitalist.... I am a Fair Market Capitalist... How does this relate in your perspective? I believe the market should not be a chaotic free-for-all, but a common set of rules that every participant must adhere to, such as food standards and competitive fairness.

 

Yeah right printing money worked so well for Zimbabwe. Didn't work very well for us back in the days of the Continental congress or for pre WWII Germany either. Printing yur way to prosperity has a very long history of failure usually complete and total failure.

 

I agree with that completely. The nationalist comes into play in economic sovereignty for all, vs globalism. I believe tariffs are just like any other tax, too much and no one will play, too little and you set your market up to be exploited, both internally and externally. You want to encourage wage growth, for wage growth is demand growth. Free trade encourages wages to go backwards.