OK, OK, it's not quite lions and tigers and bears - oh my!, but give and old man a poetic justice break...
None the less, Dubai World put the world financial markets into a tailspin when it announced it could not make it's interest payment on it's 36 billion pound (couldn't make the symbol, should I have written pound before the 36?) loans... According to most, this is not earth shattering in scope, but it must bring cause for thought...
Can you think of any country whose spending and borrowing is out of control? Come on, think real hard, I know you can get this one... If you answered the United States, give yourself a pat on the back and then tell the morons in Washington to STOP SPENDING MONEY!!!
The interest on our national debt is $500,000,000.00 each and every day... The Federal Reserve is printing money faster than Nancy Pelosi gets Botox injections and that can't possibly result in anything but the devaluation of the dollar and that surprised look she always has on her face... There already are many who favor dropping the dollar as the world standard and yet our government officials haven't even thought about slowing their spending...
Can we sustain this spending until the 2010 elections? I think not... Anyone who watches Glenn Beck is aware of the names Cloward and Piven, but for those of you who either don't have a DVR, or refuse to pull your heads out of the sand (thought I was going to say "your ass" didn't you) allow me to give you a brief overview... In 1966 Richard Cloward and Frances Fox Piven both associated with Columbia University (no liberal views there) in an effort to eventually establish a "guaranteed national income" surmised that the easiest way to bring this redistributive change (gee where have I heard that before?) was to literally collapse the existing welfare system by overloading the already overburdened system... The present administration is trying to do exactly that because in his own words, Obama said "I think, the tragedies of the civil rights movement was because the civil rights movement became so court focused I think there was a tendency to lose track of the political and community organizing and activities on the ground that are able to put together the actual coalitions of powers through which you bring about redistributive change. In some ways we still suffer from that."
You can listen to all the "LIP SERVICE" Obama spews on a daily basis, but the fact remains, the person currently occupying the White House is hell bent on collapsing the capitalist economy we have in order to usher in his socialist views and beliefs... How in God's name did we as Americans allow this to happen? Our founding fathers in as much said "it is morally reprehensible to pass our debt on to future generations"and yet we are poised to strap our children's, children's children with a debt so huge and crippling that they can't possibly enjoy the lifestyle we were so blessed to inherit from our parents...
If we don't turn this country around, all I can say is "SHAME ON YOU and SHAME ON ME"...
Dubai and America do have a lot in common , both think that credit is endless and the spending must go on and on in a never ending spree that will only end in when their economies collapse because of stupid politicans trying to buy votes with the money of taxpayers. Yes Dubai, should be a lesson, but unfortunately it will not.
ReplyDeleteDubai will be a lesson, it's just that our grand'children will read about it in their history books as one more red flag that should have been seen and heeded as our Marxist Obama Regime sells us down the river and we become deeper and deeper in the grips of Socialism and deeper and deeper in this downward spiral!
ReplyDeleteDear God people, wake up and smell the coffee! Our country is going to hell in a hand basket and we must do everything in our power to stop this tragedy from occuring!
B.O. is going back to Copenhagen (The place of one of his biggest defeats) in December to sign a treaty guaranteeing that the US cut it's carbon emisions by 35% in less than ten years. This could not happen if we took every car and truck off the road and all rode bicycles!
It is just one more way this Marxist Regime can try to inflict even more harm on the citizens of this Great Nation!
Lock and Load!!!!
Sons & Daughters of Liberty Unite!!!!!
I'm pretty sure that he's not authorised to sign anything, because cap and tax hasn't been passed in the senate, but it's just another photo op... The narcissist-n-chief still wants to play with global warming idiots to show that his head is up his ass and locked...
ReplyDeleteAuthorized My Ass!!!
ReplyDeleteHe don't need no stinking "AUTHORIZATION" He is the Marxist in Chief! He can sign anything he wants. This does not mean it will be binding, but the "Sheeple" of this nation will follow because a "Nation of Sheeple Will be Run by Wolves"