Our Biggest Creditor {China} Tells Us "The good old days of borrowing are over"
by: Les Carpenter Rational Nation USA Birthplace o Independent Conservatism Liberty -vs- Tyranny As the chickens come home to roast... Unbelievable we have been this stupid. ( Reuters ) - Global leaders on Saturday arranged a round of emergency calls to discuss the twin debt crises in Europe and the United States that are causing turmoil in financial markets . After a week that saw $2.5 trillion wiped off global stock markets, they are under pressure to show political leadership and reassure markets that Western governments have both the will and ability to reduce their huge and growing public debt loads. French President Nicolas Sarkozy, who chairs the G7/G20 group of leading economies, conferred with Britain's Prime Minister David Cameron ahead of a call planned for this weekend by G7 finance ministers and central bankers. "They discussed the euro area and the U.S. debt downgrade. Both agreed the importance of working together, monitoring the situation closely ...
As the political treadmill ROUND and ROUND, and the extremes in both major parties continue their mutually destructive agenda's without regard to the nations health, few of the nations citizens and true patriots will take the time to understand the issues confronting the nation and thereby confronting them.
ReplyDeleteSad it is that sound bites and non stop biased reporting from MSNBC, ABC, CBS, NBC, and even FOX to a degree is how the majority of the electorate gather their info and make important decisions.
Half of the nation is asleep, lulled by the siren song of entitlements for all and no need for responsibility for ones decisions, and the other half believe its not really important.
A certain recipe for unrest and ultimate uprising.
As we twiddle DC burns...
Thank you Clinton, Bush, Obama. AND THE US CONGRESS!!!!
Anyone willing to bet, how long before we become the UK? Taking on all comers...