Obama's Pay Day Loan/Juice Loans for America

I was reminded this morning, of how similar Obama's debt is to a 'pay day' loan. Those legal loans, that many use so they can make it from one pay day to the next.

What happens if they don't make it? The check bounces? That seems to be where America is headed.

They already charge high interest for using money for just a few days...after you default, there is no way to catch up. Risky business all around.

Before pay day loans, there were loan sharks and broken legs.

Today, Congress and the White House use the CBO much like Wall Street used the rating agencies, to gamble with toxic instruments of their own creation.

Nancy says "We have to pass Obamacare so the American people can find out what's in it" - Why can't the American people know before it's passed?

Sounds a lot like Wall Street. They make lots of money on bad loans, package them to get good ratings, and pass the junk onto others. Anyone really know what's in there? Buying stuff without looking at meat? Just looking at the rating?

Where did that get the nation?

Wall St. banks seem to have bet against their own clients and products. Why not? Wall Street knew what was in all that junk. They just needed others to see only the 'ratings'.

Bad debt? No problem. Obama's got another juice loan waiting behind the white house curtain.

Anyone ever escape from high debt using loan sharks for pay day loans?

Everything Obama does seems to involve secret deals, rating agencies, and more debt. Perpetual debt. Juice loans on the backs of working Americans.

my opinions.

Time for a clean sweep.