I hate politicians.
Let’s stop buying their stuff now and we can restore employment.
Hang on tight. We are in for a rough ride. Ben Nelson selling out just made matters worse. I hope Nebraska looks him in the eye when he gets back there.
The American President quickly folded.
"Show me just what Mohammed brought that was new, and there you will find only things evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelogus
“Double the holdings? It is definitely impossible.”
This is clearly a reference he’s making. Who suggested they double their holdings? 0 admin presumably.
China has beefed up its navy and military might and has built thousands of miles of hardened tunnels throughout. I think they are preparing to not only protect and project their international interests, but to win the coming world war.
They already own America. Our economy, our country goes down the tubes without China.
At the same time the US Economy is THE Financial Powerhouse that overseas investors have placed their faith and moneys, the US Government is a GIANT SPONGE on the World's Treasuries, especially when the US Govt is absorbing non-govt Financial Debt (via Bailouts) and Consumer defaults. And the US Govt wants to expand!The BEST thing China, Russia and other buyers of US Currency can do for themselves (and US) is to CUT UP daddy's credit card! THIS ain't pretty folks (a/k/a The Asset Bubble).
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The answer is simple.
You have to go after sources of real wealth.
Watch Obama/Geithner/Bernanke pass a law that every pension plan, IRA or 401(k) has to contain at least 20-30% of special U.S. Government “Pension Bonds”.
Just watch.....it is already being talked about in pension circles......
I see axes and pitchforks.
Wow.. I see fireworks and chopsticks too!
You can only bleed an onion so much..
Yet liberals don’t care..
Look at California.. used to be the 5th largest economy or such.. now poof.. Zimbabwe here we come..
This seems like good news to me.
This SOB is purposely over extending the American Financial System because when it collapses then he will step forward and claim America to be a Collectivist State Controlled System of Government (Socialist) because that was the “only” choice.
This country simply can not withstand the debt he has a great zeal for increasing AND this doesn’t count yet for his glorious Health Care Program he is now putting the finishing touches on.
Poverty for All - will be the new American slogan and 0bama will think it best because then, at least, it will be FAIR.
I see a new reserve currency, a 15 to 20 percent fall in US standard of living.
So far I see no pitchofrks. ( I wish.)
America still thinks this can be solved at the ballat box,
I am beginning to have my doubts about that.
I see a new reserve currency, a 15 to 20 percent fall in US standard of living.
So far I see no pitchofrks. ( I wish.)
America still thinks this can be solved at the ballat box,
I am beginning to have my doubts about that.
Hey Chicoms maybe you can use all those beanie babys and happy meal prizes you make.
“China: The World Does Not Have Money to Buy More US Treasuries”
What?? How could they say such a thing?? Why, we’re about to pass a health care bill and we need more room for the additional debt. How... (sniff)... could the Chinese let us down?
Where? I think the financial-political establishment in NY/DC expect the great unwashed to put up with inflation as far as the eye can see, most likely stagflation as well. I just wonder how far people like Pelosi can go with talk of a “global stimulus”, presumably to encourage an even faster-growing consumer debt to presumably send more dollars to China so that they can buy more of our national debt. But the alternative, stabilizing our out of control national debt with spending reductions isn’t going to happen. The thought is twice as laughable with Obama/Pelosi/Reid in charge. Those people won’t let voter anger get in the way of trashing our country.
Son of Great Wall of China.
WE-ARE-OUT-OF-MONEY!!!
Someone PLEASE tell Congress.
