Posted on 12/01/2010 10:08:33 AM PST by mojito
12/01/2010 13:18 *DJ WSJ: US Isn’t Discussing Larger IMF Contribution To European Rescue Fund— US Official
So what if their business plan is to suck all the prosperity they can out of us for generations to come? If Washington says we need support the international banksters I'm all for it.
Let me get this straight; nations like Ireland buy US bonds, they go bankrupt, then the US will bail them out through the IMF??
Maybe the US needs to be treated like an alcoholic - stop the US before it can borrow and spend again.
I am convinced the whole world economy is just one big house of cards.
And a big gust of wind is headed toward that house.
Nations like Ireland are in danger of defaulting on bonds issued as sovereign debt. The US, through the IMF, is going to bail out the holders of those bonds, i.e. European banks.
They will, they will.
Diet Coke. (I’m already in violation of big government Body Mass Index.)
So Reuters, and WSJ are using that same guy A. Nony Mous!?
-—There are obviously some severe market problems-—
Yeah, but why worry? It’s only the little guy’s retirement fund that’ll get wiped out. Us elite globalists will do fine...
....and not only the same bird, but now he’s chirping a different song!?
Why would it be in the best U. S. interest to essentially bail out the Euro?
By doing so we destroy the dollar even further. And who bails out the dollar when no nation will purchase our debt any longer?
Our government is intent on destroying this nation.
It’s not raining, you are getting wizzed on....
Apparently but it doesn’t matter. They got the market up with it didn’t they?
How do we stop this?
In another time, we actually had Senator’s and Congressmen that were looking out for their own State’s, not the Federal Government.
LOL
I guess we shouldn't even get into Carbon Footprints.
But here - from you to me:
Oh well, either States start seceding the Union now, or it’s time to invoke the First Paragraph of the Declaration of Independence.
This is fatalistically untrue. Officially we owe 15 TRILLION $$$$. Unofficially, with Social Security and Medicare that are calculated "off budget" factored in, that's closer to 100 TRILLION. With what? A quarter of a trillion a month adding on automagically?
There's no way that future generations are going to be able to pay this off. Even if the govt stopped spending today (yeah, right! I hear all kinds of talk about cutting the military budget, but NOTHING about entitlements :( )
"The Greatest Generation" has bankrupted the richest, most powerful economy the world has ever known, though their election of total incompetents to congress and presidency.
Never going to happen. Not in a dozen generations to come.
God help us!
Godspeed
By doing so we destroy the dollar even further.
Ironic, eh? The Euro today = $1.31. It began at @$.85. It needs re-calibration anyway, doesn't it?
Our government is intent on destroying this nation.
Of course. And wasn't the invasion of illegals and the fictional "War on Terror" also about destroying our sovereignty?
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