Why do I suspect some backdoor, secretive deal will be made by the Federal Reserve to fund all these liabilities?
Our treasury is being raided and our children indentured, here. Not just children, grandchildren.
This is premeditated. Bye-bye United States and the dollar as world reserve currency. What will replace it will be to our distinct disadvantage, by design.
“Why do I suspect some backdoor, secretive deal will be made by the Federal Reserve to fund all these liabilities?”
I have the same suspicions. If certain companies are “too big to fail” then for sure we will bail out a country or two, on the backs of our children. I am sure the U.N. will demand it.
Obama and his misfits will think this will endear the other nations to us.
It won’t.
Giving foreign countries money, no matter which president does it, has never lead to any meaningful relationship, with one exception, Israel, in my opinion.
The more you throw at these welfare whores (be it people or countries) the trend shows the more likely that they will feel entitled.
If the US goes any deeper, and say these countries were in sound financial shape, they would be doing their best to take us down.
As it was, when our depression was first announced, I was flabbergasted by the comments on other blogs from Canadians, Brits, Spanish, Greeks, everyone that basically said “FU America!” They thought they had the upper hand, that it wouldn’t happen to them. Many of the comment posters were Euro socialists I’m sure, which means they were over-educated to the point of being stupid, and couldn’t fathom that their economy was tied to ours.
Many in the world hate us, not because of what the dems painted as “cowboy politics” but for the exact opposite reason, we were cowards. Buying off friends and allies. We were no longer leaders, we were just a cookie jar, and we weren’t giving them enough cookies.