To: de.rm
What most people don't understand is that the U.S. in the same financial shape as Greece, Italy, Ireland, Spain. We cannot pay our national debt. In face we cannot even pay the interest on our national debt. Obams’s idea for a recovery instead of cutting spending, is to print more money. This results in each dollar you have now is being devalued. Which means it takes more of our dollars to send to OPEC for oil. Ergo. We are basically just like the above mentioned sickies, forgot to mention Portugal, we are all in the same boat with them.
The only thing we can hope for is that China does not start selling all of the Billions of U.S. Bonds, as we don't have the money to redeem them either.
20 posted on
04/21/2011 4:25:55 PM PDT by
BooBoo1000
(Never pass up an opportunity to " Shut Up")
To: BooBoo1000
It's all a big snowball runnin' downhill & pickin' up speed & mass F A S T ! !
23 posted on
04/21/2011 4:32:12 PM PDT by
de.rm
('Most people never believe anything you tell them unless it isn't true."-Groucho Marx)
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