On 07/11/2011 5:32 AM, Drifter wrote:
On 11/7/2011 7:08 AM, John H wrote:


http://www.youtube.com/watch_popup?v...layer_embedded

And the guy in there now wants to make it much, much bigger!

The government is succeeding at what the unions tried and failed to do.

Yep. And comes with debt-tax slavery too. 0bama gets another term, he
will have more than doubled the US national debt, more than all
residents before him combined.

Fact is America can't afford 0bama.

And why I say USA is bankrupt. At a fair rate of 5% interest on money,
$15 trillion is $750 billion, more than 1/2 of all income taxes collected.

Government would have to shrink to less than 25% of its current size to
balance the budget @ 5%.

Why is interest rates important? As the Bernanke money print fraud
dilutes the currency, the currency becomes weak. The only way to defend
the weakness is to increase interest rates.

Fact is USA can't defend its currency any longer. Sooner or later the
USD value is going to crash hard.
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The reason government can't fix the economic problems is government is
the problem.