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Default Obama destroyed the USA with DEBT

On Thu, 14 Jul 2011 11:30:23 -0600, Canuck57
wrote:

On 14/07/2011 1:10 AM, Califbill wrote:
"wf3h" wrote in message ...

On Mon, 11 Jul 2011 17:50:10 -0600, Canuck57
wrote:

On 11/07/2011 1:56 PM, Califbill wrote:
"wf3h" wrote in message
...

On Sat, 09 Jul 2011 22:48:18 -0400, L G wrote:

wf3h wrote:
On Fri, 08 Jul 2011 21:10:06 -0400, L wrote:



For the bits I get, congress is having a hard time getting Obama to cut
$2 trillion in 10 years. Obama's idea is let it be the next presidents
issue. The man has destroyed USA with debt.



HAHAHAHA WRONG. what horsehit you kluxers spout. obama AGREED TO CUT
EVERYTHING

defense
medicare
social security

EVERYTHING

but the right wing said no tax increase

WHAT A ****ING LIAR YOU ARE!


Reply:
Obama has been a disaster as to economics. He his clueless as a leader.
He ignored the debt commission report in 2010. State of the union
speech, he did not even mention the economy for the first 35 minutes. He
was arguing about $36 billion in cuts earlier this year. He is proposing
no cuts now, but a 10 year plan. And most of those cuts are after he is
out of office. We need cuts now! Every other business and government
entity in the country except the Fed's have cut jobs. Obama led Federal
employment is up 36,000. The small, open government he promised has not
arrived. And does not even seem to be moving that way.


Ya, I remember Obama's $36 billion in cuts and I fell off my chair
laughing. I could not believe the stupidity and the arrogance of the idiot.

What Obama is trying to do with hs pure greed for power is shift it over
to the next president or after 2012, but the markets are right clear on
this, now or face the consequences. I just watched the USD take a huge
drop on the Yuan. The USD is being devalued. As without stopping
Bernanke currency fraud, the USD will loose value fast. And if that
goes too far, USA is economic toast. Yes, it devalues debt, but also
devalues taxable wages and incomes, spending will dry up, people will
have to buy less and deeper we go into the depression.

Bottom line, if USA does not balance the governments budgets by the end
of the year, USA will like USSR take some decades to recover.

It may seem counter productive, but raising interest rates to soak up
the excessive money print is a reality DC is in big denial off.
Government needs to borrow real money or go under. It also says to
companies realize more profit that is taxable and raises revenue. Yes,
the low interest rates are causing government revenue problems. But get
a fleabagger debtor to acknowledge that fact.

Amazing the government greed in this. Government is screwing the entire
nation and world of USD holders on the myth that you can debt-spend your
way out of a debt problem.

Obama clearly needs to resign. He has ****ed America with debt.


You need to get back on your meds, so you don't fall out of your
chair.
 
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