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Barack Obama assures Asia that US borrowing will not spiral out of control
Telegraph (UK) ^ | 7:36PM GMT 15 Nov 2009 | Ambrose Evans-Pritchard

Posted on 11/15/2009 3:32:12 PM PST by Pan_Yan

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To: Pan_Yan

This says enough...

Photobucket

41 posted on 11/15/2009 3:57:10 PM PST by TommyDale (Independent - I already left the GOP because they were too liberal)
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To: Pan_Yan
The man is truly a gross incompetent. He has not the first clue about how economics works. Comsumption is not "growth." Investment is "growth."

Debt powering investment is a good thing. Debt powering consumption is the very bullshit we have had and are now paying for. How tragic that chicago slim doesn't know the difference.

42 posted on 11/15/2009 3:57:22 PM PST by hinckley buzzard
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To: Pan_Yan
"As the economy recovers, I intend to take serious steps to reduce America's long-term deficit"

He assumes the economy will recover in his first term. And he thinks there's only one way to turn the economy around, and that's through government spending- thereby taking on more debt.

43 posted on 11/15/2009 4:00:04 PM PST by NotSoModerate
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To: Pan_Yan

This dude couldn’t run a toy train let alone a small convenience store and especially our government.


44 posted on 11/15/2009 4:00:07 PM PST by mcshot (Our guvmint is not made up of the best and brightest, but they are practiced criminals.)
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To: Pan_Yan
The bitch lies about a lot of things...


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

45 posted on 11/15/2009 4:00:59 PM PST by The Comedian (Evil can only succeed if good men don't point at it and laugh.)
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To: Pan_Yan
Barack Obama assures Asia that US borrowing will not spiral out of control

Spoken like a true drunken sailor on Saturday morning...

46 posted on 11/15/2009 4:03:16 PM PST by NewLand (We shall all hang together or most assuredly we will all hang separately)
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To: Pan_Yan

Hey Zero... These people are NOT as stupid as Pelosi, etal, K?


47 posted on 11/15/2009 4:03:18 PM PST by Brad’s Gramma (BG x 2 (and a heartbeat was heard today....))
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To: Pan_Yan

On a serious note. What if all the tea partiers started circulating petitions saying, “As the Taxpayers of the USA and Voters, as soon as we regain control of our Govt. we WILL NOT repay the debt to China and Japan.” and then forward it to their leaders. Can you imagine a few million signatures saying, We will NOT PAY!


48 posted on 11/15/2009 4:04:04 PM PST by John.Galt2012 (I'll take Liberty and you can keep the "Change"!)
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To: Clintonfatigued
He is free to do any talk he wants. I am only interest in his final decision.
49 posted on 11/15/2009 4:04:53 PM PST by TigerLikesRooster (LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
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To: Pan_Yan
Scumbag Two Faced Kenyan Liar.
50 posted on 11/15/2009 4:05:36 PM PST by Cheetahcat (Zero the Wright kind of Racist! We are in a state of War with Democrats)
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To: Pan_Yan

Apparently The Won thinks the Chinese are as dumb as he thinks American citizens are. Is he dumb enough to think the Chinese will have a popular vote on our debt to them?


51 posted on 11/15/2009 4:06:00 PM PST by TigersEye (0bama is our first Port of Entry President - I hope he goes home.)
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To: Pan_Yan

YOU LIE!!!


52 posted on 11/15/2009 4:09:06 PM PST by Victor (If an expert says it can't be done, get another expert." -David Ben-Gurion, the first Prime Minister)
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To: hinckley buzzard
Debt powering investment is a good thing. Debt powering consumption is the very bullsh*t we have had and are now paying for. How tragic that Chicago slim doesn't know the difference.

I'm afraid it's not a matter of 'they don't know', it's a matter of 'they don't care'. If bringing the U.S. down to the level of the other nations is their goal then this is just lip service. The spending will continue until all American wealth is gone.

53 posted on 11/15/2009 4:11:46 PM PST by Pan_Yan (All gray areas are fabrications.)
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To: Pan_Yan
Even the Groveler-In-Chief couldn't say it with a straight face.


54 posted on 11/15/2009 4:17:04 PM PST by Sooth2222 ("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
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To: Pan_Yan
Barack Obama assures Asia that US borrowing will not spiral out of control

ASIA'S RESPONSE:

Image and video hosting by TinyPic

55 posted on 11/15/2009 4:20:28 PM PST by Recovering_Democrat
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To: Pan_Yan
I ran my eyes over the headline very quickly, and thought it said,

Barack Obama assures Asia that US bowing will not spiral out of control.

Well, could be.

56 posted on 11/15/2009 4:20:43 PM PST by Mrs. Don-o ("It's no exaggeration to say that the undecideds could go one way or the other." George Bush)
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To: Pan_Yan

That’s up there with “the last thing the government wants to do is take over the car industry”

etc.


57 posted on 11/15/2009 4:21:54 PM PST by zipper
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To: Pan_Yan
Get your 2009 D.C. Convention/Tea Party Express I/March On D.C. DVD's! They're finally here! Featuring Lloyd Marcus, Lisa Mei Norton, Lt. Col. Allen West, Joyce Kaufman, Andrew Wilkow, and much more!

2009 D.C. Convention DVD Thread

58 posted on 11/15/2009 4:22:30 PM PST by Rafterman ("If you kill enough of them, they stop fighting." -- Curtis LeMay)
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To: Victor

I do not. I report the facts accurately.


59 posted on 11/15/2009 4:28:33 PM PST by Pan_Yan (All gray areas are fabrications.)
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To: Pan_Yan
vowing a major drive to cut the budget deficit and restore global confidence in the US dollar.

Ttranslation: Big tax increase coming.

60 posted on 11/15/2009 4:31:11 PM PST by denydenydeny (The Left sees taxpayers the way Dr Frankenstein saw the local cemetery; raw material for experiments)
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