Quote:
Originally Posted by Villages Kahuna
...for the simple reason that the outgoing Republican administration will be leaving such a monstrous national debt that we are nearing the limit that we can borrow to continue the grotesque deficit spending of the last eight years. All it will take is for the Chinese and the EU tp stay away from the next federal t-bill auction. If they do, the jig's up, we'll be broke and will have to begin acting in that reality.
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THEY WILL SPEND !!! And even worse than that...I am scared of their constant attack on the rich (over 250,000 is I think the definition). I know that is not a popular thing to say and I surely dont make much, but they are going to destroy the fabric of this country with a ploy to "even the playing field". What motivation, as with socialist countries, will there be to be successful. I actually heard an Obama tape today where he was talking with a woman who was upset that SHE HAD TO PAY FOR HER SCHOOLING BY HERSELF !!! Imagine...she had to pay for her own schooling. Maybe it is me, but that simply goes against my grain !