Skip to comments.US Finances Rank Near Worst in the World: Study (Duh?)
Posted on 03/24/2011 8:32:33 AM PDT by AngelesCrestHighway
The US ranks near the bottom of developed global economies in terms of financial stability and will stay there unless it addresses its burgeoning debt problems, a new study has found.
In the Sovereign Fiscal Responsibility Index, the Comeback America Initiative ranked 34 countries according to their ability to meet their financial challenges, and the US finished 28th, said David Walker, head of the organization and former US comptroller general.
Jeez!...These liberal media idiots drive me nuts!
The next year and a half we may see the total collapse of America by communists forces within. And the sad part is almost 1/3 of ignorant Americans support it. Sad.
But by all means, let’s get involved in another expensive war in Libya.
The media tells us over & over - its just the new nature of things.
10% unemployment is the new paradigm.
4 dollar gas? The days of cheap fuel are over.
What bullsh*t. Two years ago they couldn't fix personal blame for bad news fast enough.
The liberal way is to bring people and economies down to make them equel. The conservative way is to bring them all up.
Although our finances are in bad shape, the market apparently thinks otherwise. Market based interest rates on US treasuries have not gone up much at all, with the rate on 30 year T Bonds at less than 4.5%. Mathematical models show one thing, but the market is still rushing in to buy our debt. In my mind, it means the entire world is in bad shape, with the market saying we are among the best of the worst.
More like 48%.
More like 48%.
Not to mention that a good chunk of Americans think that Libya is located next to the clitoris.
Foolish peasant! Don’t you know that It Was Bush’s Fault?
(actually, Bush’s “Compassionate Conservatism” really is part of the problem, but not in the way liberals think)
“The US ranks near the bottom of developed global economies in terms of financial stability and will stay there unless it addresses its burgeoning debt problems”......
Unless it addresses its socialist president problem....
That settles it. How does this sound?
“I’m a displaced American Prince, and I have scads of money I need to sneak out of the country - that’s why I have contacted you, my friends in Nigeria, to aide me in this quest.
I will give you 12% of my $26 Million of my estate, and I need the help of Nigerians such as yourself to aide me in removing my money from a corrupt and collapsing country......”
After bipartisan Congress is through with its fake debates, about 97% of the deficit will remain. I’m thoroughly disgusted with politics along with the oligarchs and their bipartisan, debt/revenue-sucking, socialist, mouthy, middle class cheerleaders.
Avoid buying anything that you don’t need. Become more self-sufficient each month (energy, food, etc.). Practice manufacturing something of good use (e.g., tools).
Enjoy the ride.
Yea, well I got a bit of news for you you aren’t going to like. Ever notice that the set of clowns elected to replace the free-spending Democrats haven’t done much to reduce deficit spending? Yea, they pay a lot of lip service to such matters; they vote to derail Obamacare, etc., all the while knowing nothing of the sort is coming out of the Senate. And regardless of who wins in 2012, there won’t be any serious effort to reign in spending. you know why? Because the two parties are playing from the same set of instructions. Saw the other day that the TParty bunch were planning to protest the newly elected set of schills for failing to take action to do what they were elected to do. I got news for the TParty bunch. The only way you’re going to stop the bankruptcy spending demon in DC is to occupy it!
at least we’ll have a high speed train to take us to the poor farm.