Education

wyco (0 friends, send message) wrote: 3d 9h ago
Americans need to wake up and in 2010 vote where we have checks and balances in Congress with the Reps and Dems. Right now the Dems and Obama are spending out of control and everything is for sale.
Pelosi, Clinton and Obama are selling us to China. May God help...

the republicans, or rather, the republicans we have had in office since nixon, have been as bad as the liberals/democrats when it comes to deficit spending and pumping money into services/projects nobody really wants or needs. the fire sale to china started under clinton sure but i also remember in the 80's everyone was mad/scared because of the japanese buying up big blocks of debt/property, and that wasnt under a democrat. GWB also tried to sell our ports to the UAE. basically my point is, both political parties are not "in it to win it" at least not on the american citizens behalf, if there isnt at least a few million in it for them nobody is going to lift a finger to address the policies that are ruining america. both parties policies.

the economy is the governments fault.
iraq is the governments fault.
uncontrolled immigration that has bankrupted california and put way too much pressure on our social safety nets is the governments fault.
the failed american education/brainwashing system is the governments fault.
the rabid partisanship that enables the idiots in government to continue to bend us over? that's totally our fault.

The saga of Democratic and Republican malfeasance continues with an $11 trillion US debt by January 2009; $1.8 dollar deficit for 2009, $1 trillion dollar deficits for the next ten years, 45 million Americans have no health insurance; 750,000 documented by USDA as homeless & growing; middle class shrinking-lower class growing; stagnant or diminishing wages, average income has increased 2.3% since 1976; millions of high paying manufacturing jobs gone-replaced by low paying service jobs; open borders with 20 million illegal immigrants (maybe more, who knows?); worst home foreclosure rates in US history.
Where is the money going to come from to pay the interest and reduce the debt? Mr. Obama is increasing and and Mr. McCain wanted to increase spending and reduce taxes. Where is the money going to come from to pay the interest, reduce the debt and/or increase spending and/or decrease taxes? These characters (Mr. Obama, Mr. McCain, the Democrats and Republicans) should be in Alice In Wonderland � they are crazier than the Mad Hatter! The American people should be in Alice in Wonderland � we more delusional than any of these characters for believing this none sense. Wake up and smell the coffee people; emulating John McCain’s “Straight Talk Express” - this ain’t gonna last. Deficit spending can not continue forever without earth shattering dire consequences that will devastate American society. Do you grasp the magnitude of the stunning financial catastrophe that the United States (we) are in, thanks to the ineptitude, incompetence, self servitude, service to Wall Street, service to the top 1% and myopic fiscal malfeasance of the Republicans and Democrats? The U.S. is in perpetual chapter 11 bankruptcy. Every year the U.S. renegotiates its debt upward with its creditors. Worse than an individual making minimum credit card payments, the U.S. does not pay on the principal but makes interest only payments while continually borrowing more and going deeper into debt. A family or business can not go on indefinitely going deeper and deeper into debt without dire consequences. What makes us think that the U.S. can go on indefinitely without dire consequences? How long can this shell game last? As with any debtor with bad credit, lenders will demand higher and higher interest rates in order to borrow their money. The U.S. is like a junkie, constantly needing a “fix” (borrowed money) in order to temporarily satisfy insatiable cravings for living beyond its means. The “fix” will become increasingly more expensive. As with any addict there are only three inevitable options:
1. The addict (the U.S.) goes on a monetary methadone treatment program, gradually reducing the “fix” (credit) until none is required. Undoubtedly there will be much discomfort, but the results will be worth it.2. Access to the “fix” (credit) will dry up and we will go cold turkey with excruciating societal withdrawal pains and upheaval. Refer to The Wall Street Journal quote above.
3. The addict dies from an overdose (of credit). We collapse under the weight of an unsustainable and unplayable debt into something like the former Soviet Union or worse. The dollar collapses something like the Mexican Peso or Argentine Peso in the 1990s. Perhaps the dollar will be purposefully collapsed because there is no intent or ability for the Federal Reserve/Treasury to pay back the debt. This will be accompanied with unprecedented societal suffering.

Refer to 2 US Historical Debt Outstanding, http://www.treasury direct.gov/govt/reports/pd/histdebt The US has been in debt from the first fiscal year 216 years ago in 1789. The US has always been a debtor nation! From the first fiscal year in 1789, there were only 65 years the national debt decreased from one fiscal year to the next! The last time that a Federal debt decreased from one fiscal year to the next was 1929 -1930!

Let me sum it up for you. We borrow and go deeper into debt just to pay the interest on the debt while interest is accruing on debt that was incurred to pay interest on previous debt. Since 1929, the U.S. has been in perpetual chapter 11 bankruptcies due to the Republican and Democratic fiscal mismanagement and incompetence. Yearly the U.S. renegotiates its debt upward with its creditors. Worse than an individual making minimum credit card payments, the U.S. does not pay on the principal, but pays interest only while continually borrowing more to pay interest on the debt and to live beyond our means� this is unsustainable! Some day the fiscal chickens will come home to roost with a vengeance! But wait there’s more in the never ending show of Republican and Democratic mis-management of the U.S. economy.
Ronald Reagan asked us during the 1980 presidential campaign: “Are you better off today than you were 4 years ago in 1976?”

From School Board to President, we must organize for and elect 3rd, 4th, and 5th party candidates who are a real maverick change during the next elections. If not, then how much longer can our Republic sustain itself by continuing to follow the lesser of two evils � Republicans and Democrats? Under the floundering non-leadership of the Republicans and Democrats, are you & the country better off today than 4, 8, 12, 20, 30, 35 years ago? The following question should make the hair on the back of one’s neck stand on end as it sends a shudder up one’s spine. Under the continued ruinous nefarious so called leadership of the Democrats and Republicans will you, your children, your grand -children, your great-grand children and your country be better off 4, 8, 12, 20, 30, 35 years from now?

Geno7397 (0 friends, send message) wrote: 1d ago
A government big enough to give you everything you want, is strong enough to take everything you have. -Thomas Jefferson
*************
Get real ... if anyone actually followed the wisdom of our forefather's advice and or warnings, the Federal Reserve would never have been be allowed to take over the minting of our money supply. We were warned about Private Bankers and we obviously didn't listen. When you pull away the layers as to why our economy is in such sad shape all one needs to do is go back to 1913 and watch how we were manipulated then, are being manipulated now, and will manipulated right into the NAU and the Amero.

Yes, Barack Obama is responsible for the aging of the population (SS) and out of control health care costs (Medicare). As far as the banking crisis goes if Barack, McCain, Reagan, Nixon or whomever was in office didn't spend the BIG money to stabilize the financial markets our current economic situation would be in a disaster far beyond anything you could imagine. As far as the massive amount of military and civilian retirement debts we are faced with which one of you are going to set-up and say cut them off?

For the feeble minded keep thinking this is an Obama problem, from the rest of you that have some common sense this is a USA problem that has been long in the making and will require our best to get us through.

steverl (112 friends, send message) wrote: 2h 19m ago
delepo (23 friends, send message) wrote: 5h 10m ago
type into any search engine "john mccain stocks " and you will get a site that lists all the congresspersons stock portfolios,, then you will know why they bailed out the banks and insurance companies
==============
Google Obama stocks and you'll find JP Morgan/Chase and Bank of America. Go figure.


--------------------
I did and you are lying

I wonder how much these wars added? Thank you for your outrage--belatedly.

Pelosi should go back to California and help them file Chapter 11, rather than orchestrating a Federal Bankruptcy due to overspending. She's really good at what she does - shop shop shop....with taxpayer dollars. What was she doing in Iowa this week talking about education, anyway - did she hand us the bill for that little junket?

When you consider that many US households cannot afford $55,000 extra - then the taxes on those who can afford to pay probably are double or triple that amount when new tax laws are enacted. No wonder everyone is throwing tea in the rivers! Since the President has personally driven these changes, I think he should start the ball rolling by donating 100% of the $2.2 million from his book toward reduction of the national debt? Think he'll go for it? Well, neither do I! That, however, would be change even I could believe in!

Americans need to wake up and in 2010 vote where we have checks and balances in Congress with the Reps and Dems. Right now the Dems and Obama are spending out of control and everything is for sale.
Pelosi, Clinton and Obama are selling us to China. May God help...