reaching for the ring...
‘This flag dips to no earthly king’ - Martin Sheridan (1908)
there goes that one.
Posted on 04/02/2009 10:01:07 PM PDT by Schnucki
THERE is so much going on at the G20 that the significance of Barack Obama's remarks during his press conference with Gordon Brown on Wednesday has been overlooked.
He tried to tell the world that the US could not pull it out of this recession alone, that the mightiest economy is not mighty enough on its own for the job, as it had been in previous downturns.
This was the key passage: "In some ways the world has become accustomed to the United States being a voracious consumer market and the engine that drives a lot of economic growth worldwide. And I think that in the wake of this crisis, even as we're doing stimulus we have to take into account our own deficits. We're going to have to take into account a whole host of factors that can increase our savings rate and start dealing with our long-term fiscal position, as well as our current account deficits.
"Those are all issues that we have to deal with internally, which means that if there's going to be renewed growth, it can't just be the United States as the engine."
This was a tacit admission that America's global supremacy is on the wane. Sure, it will remain pre-eminent for years to come, but not all powerful. A nation that will owe between one eighth and one twelfth of its GDP every year for the next decade will simply not have the spending power to revive the global economy on its own. A nation that got fat on oversized personal debt will have the elasticity to spend on imports they don't need as much as it has for the past generation. When the recovery is in place, Americans (and Britons for that matter) will need to start saving at a rate of
(Excerpt) Read more at blogs.telegraph.co.uk ...
BO has turned America into just another third world banana republic. We should all be so proud.
it’s the socialist plan—
“the voracious consumer market”
rapes ma earth.
if they cripple the financial sector, then there will be less destruction of the planet.
they think.
So much crap has been flying out of this admin. arse that i have become numb...i’m aware for sure...but just numb.....alot of people have no clue what is going on and when you try to explain a little to a political newbie...well their eyes just glaze over and they think you’re nuts....i’m sure that’s Obammy’s tactic...overwhelm us with it....it’s so sad to see the Pubs just shuffle along and continue to make the rounds at the cocktail circuits.
No, he’s signaled that the plans for the end of American sovereignty are going well, so far.
The big stuff is yet to come, my FRiends.
You ain’t seen nothin’ yet.
Yup. Blue helmets on American soil will be just the powder keg for what we’re waiting for.
Not with a bang... but with a whimper.
If the Dems succeed in making themselves the party that steals from The Rich and gives to The Non-Rich, then no amount of talk about liberty or freedom from government is going to stop the mass of non-producers from voting D from now on.
I grow weary of Rush's endless defense of fat cats when the fat cats themselves have betrayed capitalism. The very business class we've spent so much time defending is running to the government with hands out, saying 'Me, too!' to the bailout money, stings-attached and all.
However bad he was, McCain wouldn't have been THIS bad. Even so, neither he nor Palin nor any other Republican "leader" I can see is capable of overcoming the Left, which controls the MSM. (When people tell me about FOX, I tell them to look at the numbers FOX gets--a few million in a nation of a quarter billion.)
Any doubt one has about this will be erased by looking at Barney Frank, one of the architects of this mess, who is known as a defender of The Little Guy because of his hide-in-plain-sight approach.
Not trying to bring anyone down, but I can easily see myself withdrawing from even being concerned about all of this, and just living day to day as best I can, trying to make my way through life, keeping a low profile so the troglodytes who are being ennobled by this bizarre administration won't kill me. Maybe I'm just in a bad mood tonight.
ABSOLUTELY no quarter.
See the socialists are panicked.
They are failing (as they ALWAYS do) in their individual countries.
So they think that pooling their efforts (NWO) will save them.
What they don’t get (if they did get it they wouldn’t be socialists) is that it’s the PRINCIPLES that are failing them.
One socialist will fail the same and ten million—it doesn’t work! It kills people!
IOWs America has become too socialist to continue its long tradition of excellence. We are now as useless and confused as the rest of you so don’t count on us to save you anymore.
O, just shut up!
I refuse to participate in your socialism, Mr. Obama. And I refuse to allow your attitudes to let me kiss my country goodbye.
Clinton was reckless and the stupidest guy alive. Jimmy sucked the life out of us. The new guy wants to wipe us off the planet.
Deja Vu!
this is why we should never have elected a woman... no bawls
reaching for the ring...
‘This flag dips to no earthly king’ - Martin Sheridan (1908)
there goes that one.
It ain’t over yet my FRiend!
Maybe he should have mentioned “Malaise”. Good time for a misery index?
Alot can change in a short period of time and he’s just getting started. Some of the shady things they’ve been doing will start to come out. It reminds me of the Nixon administration in some ways. Just when he thinks he’s the most powerful thug in the country, some BS he pulls will inevitably come out and bite him in the arse. That’s just the way our political system works, and I think it’s something the framers intended to be one of those invisible checks on power.
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