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 ...
FoxNews reminds me of the GOP congressional hearings: they explain their side and interrupt and ignore
ReplyDeletethe other. If they tout the NRA line and say guns are regulated, come out this way: anyone can carry a weapon on campus but cigarettes are banned, cars and licensed and taxed and must be insured- the driver having passed both written and driving test and plain old pipe tobacco is taxed at $30/lb. You want to drive a delivery truck you need a CDL and requisite written/driving tests. You want to volunteer at the school-you need to be finger printed. Meanwhile, you may get your gun from Charlie the Fence, at any
frequent gunshow, over the internet, or build it yourself-then you may load up your home and vehicle with
as many as you need for 'protection'. Your physician cannot legally require if you have one, your are permitted to carry it into a bar, church, kiddy park or local parade. As far as a 'well regulated militia',
we have had one since the founding (and Scalia prounced that causative phrase as 'meaningless', so
we seem stuck with the ubiquitous boytoys (heck, they are in many women's purses too, one up north
went off while a mother was checking out at the big store and went through her baby daugher's head)
and if anyone dare mention regulation, however scanty, they are un-American. Nonsense, pure nonsense.