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1 posted on 03/14/2012 10:16:40 AM PDT by CNSNews.com
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To: CNSNews.com
He's right.
2 posted on 03/14/2012 10:19:50 AM PDT by SpaceBar
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To: CNSNews.com

When America’s primary “export” product is US Treasury Bills you should know there is a problem.

Economic judgement day is coming.


3 posted on 03/14/2012 10:21:37 AM PDT by Towed_Jumper (There are only two classes of people left in the U.S. - Producers and Parasites.)
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To: CNSNews.com

It would seem that the government could offset this to some degree if they would allow more drilling for Natural Gas and Oil. Just the taxes alone would be in the billions.


4 posted on 03/14/2012 10:24:12 AM PDT by RC2
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To: CNSNews.com

The path were on will prove gold less valuable than lead. Pray that day doesn’t come, but not a bad idea to have something(s) on hand to defend yourself from the looters.


6 posted on 03/14/2012 10:28:05 AM PDT by Made In The USA (This post may be recorded for quality purposes.)
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To: CNSNews.com
Gov. Daniels: US Debt 'Will Lead To National Ruin;' 'No Other Outcome' Possible

Couldn't agree more. Question is, were he to be President, would he have the stones to do something about it, even if he was sure NOT be to re-elected?

I don't think anyone, even Palin, would fit that bill. You'd have MILLIONS turning on you because you cut off their EBT cards.

7 posted on 03/14/2012 10:30:21 AM PDT by backwoods-engineer (I will vote against ANY presidential candidate who had non-citizen parents.)
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To: CNSNews.com

I’ve been singing that sad song for years.

It is not even a matter of basic economics, but even more fundamental, rudimentary mathematics.


9 posted on 03/14/2012 10:34:19 AM PDT by EyeGuy (2012: When the Levee Breaks)
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To: CNSNews.com

If we could claw our way up to where we could pay the interest on our loans each month, the monthly payments would only increase by a “small” fraction of a trillion each month thereafter... but I can’t quite turn this into a winning strategy. Shucks. Bankruptcy ahead.


10 posted on 03/14/2012 10:44:19 AM PDT by Grampa3711 (Some people bring happiness whereever thet go; others, whenever.)
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To: CNSNews.com

If we could claw our way up to where we could pay the interest on our loans each month, the monthly payments would only increase by a “small” fraction of a trillion each month thereafter... but I can’t quite turn this into a winning strategy. Shucks. Bankruptcy ahead.


11 posted on 03/14/2012 10:44:30 AM PDT by Grampa3711 (Some people bring happiness whereever thet go; others, whenever.)
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To: CNSNews.com
Gov. Daniels: US Debt 'Will Lead To National Ruin;' 'No Other Outcome' Possible

Gee, guv, ya THINK!!???

Back before the '08 election, I began expressing my opinion that the government was irreparably broken. Does anyone still think I'm wrong?

13 posted on 03/14/2012 10:50:10 AM PDT by DustyMoment (Congress - Another name for white collar criminals!!)
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To: CNSNews.com

“We’ve simply got to say ‘We’ve got to unite to save the safety net,’” he said. “Social Security and Medicare are great programs but they are geriatric themselves at this current age and they need some repair.”

####

“Unite to save the safety net”?

Daniels just can’t bring himself to permanently end gigantic, failed COLLECTIVIST programs. This is the best we can do?

Start talking INDIVIDUAL accounts and ACCOUNTABILITY, and then we will be getting somewhere Mitch.

Not far, but somewhere.


16 posted on 03/14/2012 11:03:30 AM PDT by EyeGuy (2012: When the Levee Breaks)
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