We have an economy that is based on CONSUMPTION, not PRODUCTION. Until you create productive, good paying jobs, no matter how many people you give a check to you aren't producing anything other than a socialist economy.
Someone said it yesterday in another thread:
"So Peter is going to borrow from Peter again to pay Paul.."
NO LEADERSHIP or VISION.
All I see are politicians TREADING WATER while they try to figure out how to compete in a global economy with one hand tied behind your back.
In my opinion... "we're miles from nowhere".
LMAO I was the one that said that in the Fannie Mae/Freddie Mac getting a bailout (stimulus) thread.
“So Peter is going to borrow from Peter again to pay Paul..”
I think Obama and the progressive ilk think that a global currency and order AKA global communism will work. Does he think China won’t wanna rule and kick our ass more than they are now? In a NWO how will the terrorist countries fit in? Will they be accepted at all the UN global meetings?