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Originally posted by mkross1983
The scary part is where they say this is only good for another month!!!
I haven't heard anything about this on the news (shocking).
So, basically the US Government is bankrupt without this being passed and even if it is we're only good for another month before they have to pass something else?
Um, this doesn't seem to bode to well unless I'm missing something here.
Originally posted by marg6043
America needs another war like a burn victim needs salt in his wounds.
I tell you, our own government is actually running to this nation to the ground.
Whatever genius told the government that spending is the way to recovery was either drunk or in anti depressive drugs the day they did the advise.
Originally posted by maus80
I also wish that there were a huge movement to relocate all tent cities to DC.
No politician or lobbyist should be able to enter or exit DC without having to face masses of screaming and angry jobless and homeless.
I'm so ashamed of the reactionary nature of my people that it eats at me constantly. We are like a nation of spoiled royalty.
Everyone needs to get it through their heads that those that manipulate, use, and destroy us are anything but reactionary. They are the opposite, they are proactive, and proactive people can utterly own those that are reactionary. They know they can create huge problems without so much as a whimper, and then swoop in and provide whatever solution fits their agenda when the public finally reacts.
It's disgusting, and to me it proves that we unfortunately deserve what we get. The "Sleeping Giant" can boo-hoo all it wants when it gets stabbed in the heart, where was it when the sword was being cast and wielded?
[edit on 1-10-2009 by maus80]
Originally posted by poedxsoldiervet
reply to post by SpartanKingLeonidas
I do not want to belive it that the Feds are pushing us into debt and a de facto 3rd world nation. But I can no longer dispute it something very sinster and evil if going to take place. I cant put my finger on it, but I just cant shake that feeling.
Originally posted by Udo Hohnekamp Lux.
You call this Keynesian "deficit spending" (anti-cyclic spending) in times of a crisis with the hope of paying back the debts in boom times.
The world is yet to find a country, where this has actually happened.
Originally posted by mkross1983
The scary part is where they say this is only good for another month!!!
I haven't heard anything about this on the news (shocking).
So, basically the US Government is bankrupt without this being passed and even if it is we're only good for another month before they have to pass something else?
Um, this doesn't seem to bode to well unless I'm missing something here.
Originally posted by KSPigpen
Originally posted by mkross1983
The scary part is where they say this is only good for another month!!!
I haven't heard anything about this on the news (shocking).
So, basically the US Government is bankrupt without this being passed and even if it is we're only good for another month before they have to pass something else?
Um, this doesn't seem to bode to well unless I'm missing something here.
It seems like more and more we are seeing these efforts to just 'buy another month' or two or three... it doesn't seem like we have any real plans for long-term recovery or sustainability.
It makes me wonder if our lease has run out on America and they are just going 'month-to-month' on the 'rent' until they can move in to their new place across town....but they don't want to tell us they're moving.
Originally posted by Vitchilo
So....they've raised the budget AGAIN? By 6% at that? So the 2010 deficit will be at least 6% larger than the 1 trillion + of this year?
What a joke.
Originally posted by poedxsoldiervet
reply to post by SpartanKingLeonidas
No I see, I dont want to see it but how can you not... The Fed Gov is spending to much money for there not to be some sort of ulterior motive.
Friday’s employment report provides a key indicator of economic recovery.
Monthly job losses must continue to fall to bolster confidence and consumer spending. In August, the economy shed 216,000 jobs, and the consensus forecast is for another 170,000 jobs lost in September. If job losses exceed 200,000, prospects for strong second half GDP growth will dim significantly.
Unemployment was 9.7 percent in August, is expected to rise to 9.8 percent in September, pierce 10 percent by yearend and stay there for a long time. Factoring in workers that have left the labor force and those working part-time who would prefer full-time jobs, the real unemployment rate exceeds 17 percent.
Since December 2007, the economy lost seven million jobs, and the economy has not added a single private sector job in the last decade.
Construction and manufacturing have lost 1.5 and 2.0 million jobs, placing particularly strong pressure on wages, household income, and consumer spending. As those industries pay ordinary workers the best wages, they are ground zero in the struggle to resurrect robust growth.
Originally posted by marg6043
reply to post by SpartanKingLeonidas
I was not refering to your post, my friend I agree with you.
I was just adding more to what is going on, more peachy news coming tomorrow.