The December budget numbers are out and they are ugly. December was the record 15th straight budget deficit in a row with -$91.9 billion more in outflows than inflows, compared to a $51.8 billion deficit in December of 2008. Fiscal 2010 budget deficit so far is -$388.5 billion, and $1.47 trillion for the trailing twelve months.
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Obama Wants Record $708 billion for Wars Next Year
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No big deal the fed will just continue with QE for the next 100 years - We will be fine....
ReplyDeleteYa know; I'm not a brilliant person - but when i am faced with a very large problem in life; everything else just has to wait until this situation is reversed.
ReplyDeleteThese yum yums are so busy globe trotting about global warming; bringing the olympics here; infighting and the '10 mid terms the best they can do is give money to every big entity and it's brother and talk about how these green jobs building battery powered cars are going to save us.
Yo 'Bama - how about you pick up the damn phone and make some calls 'lil Bro; first one being
China - sadly reporting there will be a 50% import tax on EVERYTHING rec'd in our ports as of now.
It's time to bring JOBS to the USA - without them we are doomed.
Get 'er done dufus
Dufus works for the banksters, sorry.
ReplyDeleteI agree with 5:43 BUT at this point it DOES NOT matter...we're not at the edge of an economic collapse we are already over the edge...The SECRET?
ReplyDeletePeople have NOT figured it out...So they keep on accepting our dollars and most sheeple have NO idea.
In layman's terms it's the equivalent of someone making $14,000 borrowing something close to $174,000 on top of that still borrowing $14,700 since the last 12 months and probably for at least 5 years.
All the money borrowed is NOT going into getting ahead or fixing things but mostly paying interest and fighting wars...When you put it on those terms...Just simple ones...Then OMG it seems insane that we're even standing and that there is no panic.
I'm prepping but even the optomists have to agree we're looking more like Argentina than a superpower right now.
People have NOT figured it out...So they keep on accepting our dollars and most sheeple have NO idea.
ReplyDeletePerhaps the powers that be say to themselves... "F*ck it, we're toast, so let's go out with a bang." That's what I would do. Plus, they could convert the worthless paper to tangible goods and real money.
WE are converting worthless paper to tangible goods and real money, right?
ReplyDeleteIf WE aren't doing just that, WE haven't learned Jack Squat.
WE are converting worthless paper to tangible goods and real money, right?
ReplyDeleteIf WE aren't doing just that, WE haven't learned Jack Squat.
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