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 ...
Enjoy! And leave the intertubz behind!
ReplyDeleteThanks Shaw. No posting until next Friday!
ReplyDeleteI will be logging in occasionally for a brief stay fom time to time.
RN, are you stalking me? I'm on vacation at 5pm today! Get my son back to college then I'm going to the mountains!
ReplyDeleteHave a great vacation!!
The mountains, no better place to rejuvenate! Have a super vacation as well!!
ReplyDeleteEnjoy the vacation. We will hold the fort down.
ReplyDeleteThanks Jerry!
ReplyDeleteWe may differ on some things Jerry but we sure as hell agree Trumplestiltskin is a jerk that MUST be defeated.
No doubt about that!
DeleteAnd PLEASE DON'T come Back!
DeleteHey Ted are you a Trumpian Troll?
DeleteIf so feel free not to return to this fine rational weblog. For if you do you shall NOT be published.
Have fun!
ReplyDeleteJMJ
Thanks Jersey.
ReplyDeleteThere is an online edition of our local newspaper where the following exchange took place (I thought you might find this interesting):
ReplyDeleteANTHONY IOVINE - Today at 12:40 PM
"Your last sentence is absolutely ludicrous. What you said was that "EVERYONE" who supports a lunatic as Trump has no moral backbone. Isn't that the same as saying that everyone who supports that "PATHOLOGICAL LIAR" Hillary has no moral backbone also."
(O)CT(O)PUS - Today at 1:23 PM
" Mr. Iovine,
An interesting point you raise. So I surfed the Internet to check the facts - the percentage of true versus false statements made by Trump and Clinton respectively - and this is what I found (as reported by PolitiFact.com):
True statements — Clinton 16, Trump 4
Mostly true statements — Clinton 48, Trump 10
False statements — Clinton 15, Trump 65
Pants on fire statements - Clinton 1, Trump 30
Here are the overall rating as provided by PolitiFact.com:
Donald Trump — False 60.13 of the time, True 2.53% of the time
Hillary Clinton — False 13.33 of the time, True 13.33 of the time
So it appears Donald Trump is the “pathological liar” as well as the lunatic. Thus, on both measures, Donald Trump has no moral backbone."
(Whether this lets air out of the buffoon's balloon is another)
In my opinion (O)CT(O)PUS it will have zero effect on the Trumpian buffoon or anyone else that prefers truthiness to actual acts. unfortunately...
ReplyDeleteThe above should read..
ReplyDeleteTo actual facts .
That aside, I just finished watching a Hannity segment on Faux News with Gingrich, Trump, Walker, Giuliani, and the favorite Milwaukee sheriff. The untruths and hypocrisy was glaring. But the audience ate it up. Therr remains little credibility left in the GOP.
Unfortunately the democratic party and HRC have a credibility problem as well. However, it hasn't reached the magnitude of the GOP and the rightwing yet.
2016 will be a year to remember. If Trump wins and his "vision" becomes reality we will have lost our democratic republic. Likely for good.
Back this Friday or Saturday.