Posted on 03/01/2007 1:15:16 PM PST by chuckles
Well, Hillery wanted to jab Bush for the 500 point fall in the market so she issued a statement to get some face time on TV. We haven't heard one good word in the 5 year run up to record levels in the market, but let it fall 3.5% from it's all time, no doubt about it, never before seen, record high, and it must be Bush's fault.
To cut to the chase, she thinks the US should limit how much debt can be owned by foreign governments. I was going to let it slide as just a pollitcal jab attempt, but it was just too stupid by half to let slide. After her remark a week or so ago about "Taking oil profits" and using them for research in alternative fuels, I had to lie down to keep from having a , Hugo Chavez "hissy", I just couldn't let this one pass.
If we put some kind of limit on foreign governments buying our paper, that means Joe Sixpack will have to fork over the money to finance the War, the highways to nowhere, perscription drugs, and any other craphole the congress decides we need to stuff with money. I for one am glad free capitalist countries can borrow money in Yen at 1%, and loan it to us for 4-5%. If I had to buy the paper, the rate would go up to "Jimmy Carter" levels around 20%.
I know I'm preaching to the choir, but this woman is scary! She can't be that dumb. With Greenspan just mentioning a reccession is POSSIBLE, not probable, the market tanked. Surly Hillery doesn't think what she says will just slide by the markets, both foreign and domestic. If she remains the odds on favorite and it gets closer to the election, these statements will put a chill in all world economies. Wall street is sending money to the Democrats. I hope they listen to what these wacko's are really saying they believe. The sooner the discusions are vetted about what these idiots would do to our country, the sooner we can regain the congress and the presidency in 2009. I think the people will get over their 2006 tantrum when it costs them jobs and money.
Everytime this über-idiot opens her piehole she lets the thinking half of this country's population know exactly what an unabashed f'n moron she really is.
Hilary is a stupid socialist (redundant?).
Dude, if your post stuff like that make it a vanity.
Will she credit Bush when the robust economy he's created produces a budget surplus in another year or so?
That's ridiculous. Why is she trying to protect foreign governments? She has no clue.
But But But-- This is the woman who made $100,000 in cattle futures with only a $1000 investment!!
Surely she understands economics much better than Greenspan!! /sarc
typical democrat
i can't figure out if she is believes this non sense or just says it because that is what her constituency wants her to say.
And spelling Hillary correctly would be good.
I wonder if spellnazi's even bothered to ponder the point? This woman could be president, and she wants to shut off the money we are using to finance our debt. When interest rates are 20% and unemployment is 15%, how I spelled her name won't seem to be that big of an issue, I'll wager.
I even use Hitlery in conversation. And Hitlery is a polite term for the witch.
Hillary plans to work down the national debt by selling the chinese our nuclear technology in exchange for campaign contributions.
If you didn't live through Carter, then you have no idea how bad, "BAD", is.
When foreign nations no longer value our fiat money, we will surely fall fast. They've propped up our economy for a long time now.
Already done that with 2 stage missile tech from Loral. I wonder how the N. Koreans got it?
Hellary Clinton, if elected will outlaw popcicles as contributing to global cooling.
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