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Default Obama at halftime...

On 27/03/2011 8:45 AM, BAR wrote:
In ,
says...

On Sat, 26 Mar 2011 17:48:28 -0400, John
wrote:

...has done pretty well at making the government bigger - but not at what he
promised.

http://www.youtube.com/watch?v=6iaRC...layer_embedded

if govt had retracted like the right wanted we'd be he middle of a
double dip recession. and yes, he promised to straighten out bush's
mess. and that's what he's doing


You do know that less than 50% of the "Stimulus" money has been spent.


Then why dos Obama need to create more inflationary fraud moneys?

DC is broke. Flat assed in denial a delinquent debtor. Stimulus was
spent 5 times over. Who are you kidding?

US government is so broke no one in the word is lending the government
money. T-Bill offerings have been reduced as no one buys the lot at the
auction. Because lending money below real inflation is well, stupid.

DC does not plan on repaying the debt. Nothing they do indicates they
are even trying. Just $60 billion cut? Funny, thy need over $1.6
trillion. Yep, one day the US Fed is just going to write off $18
trillion or whatever congress expands it too and gasoline will be
$25/gallon.

Yep, DC is hopeless in debt and a currency crash is inevitable as the
world is actively seeking on dumping USDs. The pace will pick up this year.
 
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