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To: misterrob

odd, the ChiComs sell us stuff, then use the money to purchase the debt the .Gov creates to keep the bread and circuses going, and yet it has nothing to do with Globalism?

Now that whole industries have relocated to China, where do you suppose that money comes from to purchase that massive amount of debt?


20 posted on 08/30/2010 7:45:58 AM PDT by padre35 (You shall not ignore the laws of God, the Market, the Jungle, and Reciprocity Rm10.10)
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To: padre35

First of all, the US imports all sorts of things from all over the word including gas, oil, electricity, semiconductors, uranium, steel, autos and just about anything else you can think of. We also export a lot of things as well. Should we declare that US citizens cannot import or that they cannot set up shop to do business in other countries? Should we be telling other people that they should have to live in poverty and not try to gain more affluence?

Secondly, look at the attitude of entitlement that people in the US have towards government entitlements. People think that they should get all the meds they can ingest or all the medical procedures they can handle even though they are not really paying for them. We can spend $700 billion plus per year on defense when no one is willing to increase their taxes to pay for the troops. We can keep borrowing $$ to pay the interest on debts we have already accrued?

This has nothing to do with globalism. We spend too damned much in this country both on government AND personal items and use debt to fund it. $500 billion plus per year on debt service that could have been used to reduce taxes for people who work.


22 posted on 08/30/2010 8:12:56 AM PDT by misterrob (Thug Life....now showing at a White House near you....)
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