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First recorded activity by BoatBanter: Oct 2009
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Default Why America is failing...an Obamanation...

Why America is failing...an Obamanation of debt....

1) 1 in 4 now work or are contracted to one level of government or
another be it civic, country, state or federal. High like Greece, Spain
and other failing countries. No wonder nothing gets done.

2) There are now 3 times as many government employees than there are
manufacturing jobs. Most of which manufacture bull**** for a living.

3) US government spends more on military than the rest of the world
combined! So who is the enemy of the WW II style war machine? The world?

4) 47% of the people eligible to work pay no income taxes, although they
pay employment taxes.

5) It is true net wages have not kept up with inflation for the last 3
decades, the increases went to employment taxes.

6) If gold were used as a benchmark, since 1971 when it was unlinked
from gold, it now takes $50+ to buy what $1 would have bought in 1971.

7) Almost 50% of the US federal government spending is debt-spending and
the majority of it is financed with new inflationary fraud money
Bernanke electronically creates out of thin air.

8) If you actually printed USD singles, and put them end to end from the
surface of the sun, it would now be approaching Pluto. If you added the
Euro, CAD, Yen and pound, it would almost traverse our entire known
solar system.

9) Real unemployed without adjustments, including those with part time
wanting full time actually outnumber the behemoth sized government.

10) Most full time working people now pay more taxes, civic, state,
federal including hidden employment taxes than the rest of the world
makes in gross wages (on average).

11) 25% of American homes are in foreclosure arrears on their mortgage.
Even more have problems with their credit cards.

12) With envy, greed, pending tax greed, out of control government
overspend, zero interest rate benchmarks, devaluing currency, banking
fraud -- USA is no longer attractive as an investment sending new
investments to a new low.

Ah, the insanity of just more Obama-debt funded with Bernanke currency
counterfiet.... No wonder the Chinese want their money out of US
treasuries. USA is bankrupt. A game of chicken to see who gets their
money out the fastest.

--
Flea party (leftie) fear, begets flea party smear.
 
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