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Author Topic: Trillions in debt, no pot to p_ss in...  (Read 1226 times)
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WhiskeyGirl
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« on: May 18, 2011, 05:04:42 AM »

It's amazing that socials like that IMF guy accused of rape seem to have lots of lavish homes  all over the world, while Americans on Main Street are losing theirs. 

It's ok for nations like Greece to rack up trillions in debt, they have 'assets' to cover the debt.

Why the push to continue racking up America's debt?  What assets will they take?  It seems like the Obama administration has been buying up America, either directly or through Freddie/Fannie.

How long before America defaults?  Tim is already reported to be raiding pension funds.  What happens when no Americans have jobs and thus there is no tax revenue?  Jobs for foreigners seems to be the Obama goal.  Stealth Amnesty through increased student visa programs.  No jobs for Main Street.

How long before foreigners own all the assets in America?  All the land?  Minerals?

Are socialists really the new slave masters?

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All my posts are just my humble opinions.  Please take with a grain of salt.  Smile

It doesn't do any good to hate anyone,
they'll end up in your family anyway...
WhiskeyGirl
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« Reply #1 on: May 18, 2011, 06:25:38 AM »

Quote
WASHINGTON—Federal Reserve Chairman Ben Bernanke made the case for public research funding, saying government spending on research and development can help boost economic growth.

"The primary economic rationale for a government role in R&D is that, absent such intervention, the private market would not adequately supply certain types of research," the Fed chief said at a Georgetown University conference Monday. But he added that, given current budget constraints, the U.S. needs to weigh its decisions cautiously.

More jobs for foreigners?  How many more visas for foreigners?  No jobs for Main Street or American students?

Quote
The White House and Democrats remain locked in a budget fight with Republicans. The U.S. government hit its $14.294 trillion debt ceiling Monday, setting off political maneuvering to avoid a default before the beginning of August.

While the U.S. struggles to contain the deficit, President Barack Obama has been making the case for more government spending in research and innovation to boost growth. Mr. Obama wants to invest more in clean energy and information technology, as well as biomedical research.

How many private sector jobs will this destroy?  Another million?  Who will get those Obamacash jobs?  Foreigners who pay no taxes or Social Security?

read more here - http://online.wsj.com/article/SB10001424052748703421204576327313626579944.html?mod=googlenews_wsj

More money for Obama's crony capitalists?

Not a pot to p_ss in...
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All my posts are just my humble opinions.  Please take with a grain of salt.  Smile

It doesn't do any good to hate anyone,
they'll end up in your family anyway...
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