No, nothing is rosy right now. Bond raters & the IMF are seeing & saying that the US has no viable plan to get out of the financial crisis. Here's even something from HuffPo for you http://www.huffingtonpost.com/2011/0..._n_851122.html
The next big bailout is likely to consume 34% of GDP/over $5 Trillion.
The dollar index is at the lowest point in over 3 years & Confidence in the dollar is causing other countries to aggressively move to create alternate reserve currencies, causing gold/silver to skyrocket.
The Obama doctrine for the Middle East has gotten us involved in yet another war and appears to leading us towards one in Syria as well.
A MOTR "Republican" , re: a Quigley two sides of the same coin candidate will do nothing to counter these trends & policies.
It doesn’t get uglier than this!
We are supposed to be the envy of the free world. Yet, here we were in the midst of a budget struggle. Budget struggle? That is the stuff third world countries wrestle with. But here we were acting like Zimbabwe or something. Our treasury is in a major deficit and our so called leaders act as if they have money to burn. The only ones who are going to get burned are us.
China, Japan and Saudi Arabia hold our financial paper; the price of oil is going through the “roof”, grocery prices are skyrocketing and we are now into three wars with no end apparent.
Whatever happened to good fiscal management like they teach us at business schools? We are drunk with malfeasance and our leadership is stuck in the “toilet”. ...
Back to the issue at hand. We are in serious debt - a debt that rivals Zimbabwe more than any first world nation. We must address this for the future of our children, grandchildren and the free world at large. Our elected officials must no longer ignore this and begin to cut away at the debt. Yes, it will be tough and painful but it is necessary if we are to survive as a great people.
All budgets from here on out must address this massive debt. The budget of 2012 must show a massive decrease in spending as well as all budgets thereafter. The debt ceiling is coming up
for a vote. We should not increase it one penny. It is time to get tough and vigilant if we want our nation to survive in peace and prosperity.
Shame on our elected officials who put on such a great “hissy fit” over something that should have been so elementary and routine, they betrayed us all. It is time for us to tell these elected
officials that they have a fiscal responsibility.
Like a business, they must be accountable and maintain solvency.
Anything else will lead to bankruptcy and bankruptcy by our government is intolerable. Let’s end the debt and prevent a reoccurrence from ever happening again.
God bless America and may all those incompetent officials go straight to Hell
"It's not that government is inherently stupid, although that's a debatable question."
Rand Paul CPAC speech 2011
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Have you been to a Costco or Sam's Club lately on a friday or saturday
night? Somebodies seem to have lots of money to spend. Visa, MC. , not accepted. Amex, yes. but its net 30, and not from the time of the statement, but from the time of the charge.
I don't buy what I cant pay for.
Maybe congress, both sides, should be held to that standard.
Both parties, If we the people can't hold our representatives accountable?
maybe the fault is ours. JD
One cannot reason someone out of something they were not reasoned into. - Jonathan Swift
At least Obama has kept us out of a depression which Palin herself said we were headed for and that only McCain was the only one to keep us out of a depression.