On 23/04/2010 6:03 PM, bpuharic wrote:
On Fri, 23 Apr 2010 17:22:08 -0600,
wrote:

On 23/04/2010 5:02 PM, hk wrote:
On 4/23/10 6:56 PM, Canuck57 wrote:


Denialism is a mental disorder. Hey, maybe we should all work for Obama
and surf the Internet all day. Think, you could get paid by Obama with
benefits to do this.


You think eight years of messes can be cleaned up in 16 months?

First, I don't think much went wrong for 7 of 8 years of Bush.
Democrats and Repulicans told him to go to war, he did.

which is like saying that, after you smoke for 30 years, when you're
diagnosed with lung cancer it only started the week before.

what an idiot.

CDO's went from $1 billion in 96 to $62 TRILLION in 2006.

but the right wing ignores this 'cuz it involved rich people

How does it not involve rich people?

Basically USA is bankrupt and the only thing saving it is "US is too big
to fail...". Or is perceived that way. Anyone who looks at the numbers
in a rational way knows it will never be payed off and is a ticking time
bomb.

Don't worry, they will tax the hell out of your grandchildren for the
retirement obligations, like they do in UK and Canada.

As China grows, the US will shrink economicially, that is in fact what
we are seeing. I figure it will be less than 10 years and the Chinese
economy will be larger, and could happen sooner.

Congress decided debt was good, and wanted cheap easy debt being they
are liberal debtors

well no. the GOP congress tightened bankruptcy rules for the middle
class and made it easier for the rich.

Bankruptcy laws shoudl be tight. Letting liberals easily welsh and
create defunct uncontrolled debt is what got us into this depression.

once again the right wing wants to blame the middle class

They voted for cheap easy liberal debt and sold America cheap. True
conservatives have been screeming for decades to stop the madness. But
no one wants to believe Ron Paul circa 2003 when he said the big debt
depression is coming. Evey liberal pansi pandering idiot just wanted
cheap easy debt.

Congress wanted cheap easy debt and created the debt bubble. Blame Bush
all you want, but debt is congress and it has been democriters ball game.

nope. the biggest spender in history: george bush and ronald reagan.
they increased the debt more than any other presidents in US history.

Nope, wrong. Only took Reagan one trillion in his terms. That didn't
last 8 months with Obama.

At this point though, it does not mater as looking forward the US
debtors are not going to do what is right for America, they worship debt
and that is all their sorry liberal asses think about. Well cheap easy
debt is coming to an end.

Look at Greece, might be small potatoes but when sovern debt goes bad
the economic system will unravel and eventually we be looking at 25%
mortgage rates, if you qualify. This is the time to get out of debt as
fast as you bloody can.

Think since 2007 and the end of 2010 the US national debt will go from
$9 to 14.5 trillion. $5.5 trillion increase in just 3 years. And no
abatement in sight because Obama and democriters haven't done **** to
stop it.

In 15 years 80% of the USA will have no health care beyond bone setting
and birth. Social Security will likely be so low or discontinued. Get
used to Debt America in this century.

--
Socialism and statism are great as long as someone else pays for it.