The good news is we didn't get the Zimbabwe solution.
The usual great observations by Steyn.
But our own Congressional Budget Office offers a glimpse of what will happen. This economist shows that Geithner’s whining about the S&P downgrade was pure BS. The CBO had already forecasted an “alternative scenario” which is close to reality. And it is UGLY!!!!!!
http://confoundedinterest.wordpress.com
“Go on, try it: Hold a vote in your rec room, come up with a number, and then let MasterCard know what you’ve decided on.”
>>>>>The rest of us would like a credible alternative. The Republicans have a habit of nominating the guy whose turn it is — Bob Dole, John McCain. This time the guy whose turn it is is Mitt Romney. Unfortunately for him, his signature legislation in Massachusetts looks awfully like a pilot program for Obamacare.
the stupid party doesn’t have a chance.
Hmmmmmmm.....well, SOMETHING has to replace our existing system in the event it collapses.
I wonder if anybody has something in mind to replace it with.
On second thought, I'd rather not think about it. I'll just stick my head back in the sand.
He,.......or SHE!!!!!!!!!!!!!!!!!!!!!!!!!!!
All too true.
I don’t understand how anyone can look at this unmitigated disaster of the Obama Presidency and call it good.
But there are some who do..........:(
100 years of war can do that to a nation. The first half of the last century, it was war in Europe. The second half was war in the Pacific. This century it’s war in the ME and Africa. The sun has finally set on the British empire. That should be a word to the wise. We are broke. Defend America, not the World.
I think it’s safe to say that almost none of Obama’s previous voters are going to turn out for him in 2012. Even the most Amerikka-hating libs are starting to get scared. It’s beginning to sink in that almost nobody is recession-proof in this economy. However much you may hate your country, if it goes down you’re going down with it.
For instance, even the most mindless of black voters can’t help but notice that, as much as whitey is suffering, they’re suffering twice as bad.
Self-preservation will out.
The basic problem is political which leads to a ruined economy. The American people have lost their way. One glance at what is in the White House proves the aforementioned.
I thought corrupt dems could buy off the collapse by 'pulling out their maxed out credit cars' but it looks like that's not going to work. The end of our great nation will be at the hands of 'give it all away' dems. May they reap what they sown...
I thought corrupt dems could buy off the collapse by 'pulling out their maxed out credit cards' but it looks like that's not going to work.
The end of our great nation will be at the hands of 'give it all away' dems. May they reap what they sown...
This has been clear for some time, and it hasn't been just Obama, but it's been the Democrat party and open-borders RINOs.
The government (1) brings into a burgeoning Euro-style welfare state tens of millions of low-skilled, lower-average-IQ, pro-socialist foreign citizens in order to vote Democrat and provide cheap low-skilled labor, (2) subsidizes dysfunctional underclass mothers to have more children and (3) dumbs down students stuck in government schools with politically- and not economically-driven curricula.
The result is roughly a two-class society like we see in so many Latin American countries, with a legacy infrastructure inherited from when the US had a strong, industrious and intelligent middle class. Holding society together as a national culture is the cult of victimhood and entitlement and bread-and-circuses Hollywood degeneracy.
“Oh, politics! Hey, kids, look at the clowns!”
Look at labor force participation under Obama/Dems. People giving up, gov’t encourages welfare mindset:
http://confoundedinterest.files.wordpress.com/2011/08/participation-rate1.jpg
Fannie Mae STILL sucking billions from taxpayers:
http://confoundedinterest.files.wordpress.com/2011/08/fannie.jpg
Gov’t spending blowing away GDP growth:
http://confoundedinterest.files.wordpress.com/2011/08/growthgdpdebt.png
Housing still in the dumpster, along with unemployment:
http://confoundedinterest.files.wordpress.com/2011/08/csunemploy.png
M1 Money multiplier collapsing:
http://confoundedinterest.files.wordpress.com/2011/08/m1moneymultiplier.png
I could go on and on. Just look at this guy’s pictures.
Sometimes you finish reading something and feel like the pilot has just told us to assume the crash position. God help us.
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BILLIONS FOR JIHAD
Obama’s 2009 Supplemental Appropriations for Iraq, Afghanistan, Pakistan, etc gives billions http://creepingsharia.wordpress.com/2009/05/13/obamas-supplemental-bill-passes-gives-billions-to-enemies/
of U.S. taxpayer dollars to countries and entities that support Sharia law and/or harbor, hide and support those who want to destroy the U.S. and our allies.
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• $3.6 billion, matching the request, to expand and improve capabilities of the Afghan security forces
• $400 million, as requested, to build the counterinsurgency capabilities of the Pakistani security forces
• Afghanistan: $1.52 billion, $86 million above the request
• West Bank and Gaza: $665 million in bilateral economic, humanitarian, and security assistance for the West Bank and Gaza
• Jordan: $250 million, $250 million above the request, including $100 million for economic and $150 million for security assistance
• Egypt: $360 million, $310 million above the request, including $50 million for economic assistance, $50 million for border security, and $260 million for security assistance
• Pakistan: $1.9 billion, $591 million above the request
• Iraq: $968 million, $336 million above the request
• Oversight: $20 million, $13 million above the request, to expand oversight capacity of the State Department, USAID, and the Special Inspector General for Afghanistan to review programs in Afghanistan, Pakistan and Iraq
• Lebanon: $74 million
• International Food Assistance: $500 million, $200 million above the request, for PL 480 international food assistance to alleviate suffering during the global economic crisis
• Refugee Assistance: $343 million, $50 million above the request, …including humanitarian assistance for Gaza. Funding for the UN Relief and Works Agency programs in the West Bank and Gaza is limited to $119 million (Note: Gaza = Hamas)
• Disaster Assistance: $200 million to avert famines and provide life-saving assistance during natural disasters and for internally displaced people around the world, including Somalia, Zimbabwe, Ethiopia, the Middle East and South Asia
•Peacekeeping: $837 million for United Nations
peacekeeping operations, including an expanded mission in the Democratic Republic of the Congo and a new mission in Chad and the Central African Republic
• Department of Justice: $17 million, matching the request, for counter-terrorism activities and to provide training and assistance for the Iraqi criminal justice system
The mainstream media remains silent on this but the International News has now picked up the story http://www.thenews.com.pk/top_story_detail.asp?Id=22164
— and then there is Obama’s $108 billion IMF bailout scheme http://michellemalkin.com/2009/05/13/obamas-100-billion-imf-bailout-scheme/
in addition to the Supplemental.
And THIS is what Obama is doing to American taxpayers:
THE BIGGEST TAX HIKE IN AMERICAN HISTORY:
http://www.atr.org/days-thebr-largest-tax-hikes-history-a5370
PDF Version:
http://www.atr.org/files/files/090310pr-jan2011taxes.pdf
Obama gives your tax dollars to rebuild Muslim mosques around the world
http://canadafreepress.com/index.php/article/26990#
ACCORDING TO THE ASSOCIATED PRESS, THE OBAMA ADMINISTRATION WILL GIVE AWAY NEARLY $6 MILLION OF AMERICAN TAX DOLLARS TO RESTORE 63 HISTORIC AND CULTURAL SITES, INCLUDING ISLAMIC MOSQUES AND MINARETS, IN 55 NATIONS. See the State Department document here.
http://exchanges.state.gov/media/pdfs/office-of-policy-and-evaluations/ambassadors-fund/afcp2010list.pdf";;
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