U.S.: In state of denial over taxes?

[Fransisco]

It's all Bush's fault? I don't think so...

[jensend]

farmranger then the usa must be great socialists because they have spent everybody else's money and now they are running out of willing lenders. their empire is maintained with military influence around the world which is called an invisible import and drains money out of the usa. if they cut spending that doesn't mean taxes will go down. they can't for the foreseeable future. america is just another financial screwup and now the time for pain has arrived. forty years of idiotic policy has taken its toll on a powerful nation.

[sawfly]

sounds like a mess on both ends.
too much spending and too little taxes.

spend 16% of GDP on healthcare com pared to Canadians 10%. yet do not have universal benefits.
the cost of the wars , yet GE paid no taxes.(you would think GE and others
could pay considering what they make from the military)
trillions for the bank bailouts from the general public, yet the money made on the way up sits safe around the world. a transfer of wealth to the super rich
Kinda what Micheal Moore was talking about. the great robbery

the same thing that happened to Iceland and Ireland, the poster boys for unfettered capitalism.

the USA is next and they are trying to blame it on socialism. in a country where democrats are right of our conservatives.
we had slightly socialist govt.s in Sask. and balanced the books.

the USA is a case of big money calling the shots and it matters not what kind of mess they leave behind.
i guess the US has socialism , but its only for the rich

[FarmRanger]

<i> ”farmranger then the usa must be great socialists because they have spent everybody else's money and now they are running out of willing lenders.’</i> Give that man a cigar, I think he’s figured it out. Obama is going to double the debt of the last 40 years in his 4.

<i> their empire is maintained with military influence around the world which is called an invisible import and drains money out of the usa. ‘</i> Doesn’t sound like an empire to me, it sounds like a cop who not only isn’t paid by those he is protecting, but pays them for the right to patrol their neighborhoods. If that is an empire, then it’s the stupidest one in history.

[jensend]

the usa had debt problems long before obama. reagan's voodoo economics really put momentum into the wheel. do you really think there's no quid pro quo for the usa guaranteeing the security of korea? the american's aren't stupid enough to do it for free. they're just stupid enough to believe in the principle of american exceptionalism. it's false and now we see the usa is no smarter than greece.

[cottonpicken]

The really scary part is the fact that the exponential
function applys to the situation.

In a few short years the yearly deficit will be in the
tens of trillions.

[begood]

That is called arithmetic; and Tom would argue that unsound theory and reasoning doesn't apply to resources; population growth nor money and investments and debt.

[TOM4CWB]

Begood:

"Tom would argue that unsound theory and reasoning doesn't apply to resources; population growth nor money and investments and debt."

Actually Tom would argue that on the course we as humanity have chosen...

AS Prophesied by many cultures and faiths:

Is on a collision course with a radical world changing events.

When this events will occur... cannot be known... but all the signs are here indicating we have set the stage for this series of radical events.

Look back in history... folks have said for 1000's of years... "The world is about to end!'

Yet here we are!

It is a miriacle!

God Bless Canada!!!

[cottonpicken]

Its not end of the world type stuff,its peoples
savings and entitlements being wiped out in the
blink of an eye which has happened many times in
the past few thousands years.

At this hour it looks like they agreed on 3 trillion
dollar ceiling raise.Surprise surprise,they have only
done this eighty or ninety sometimes before.At
least the show they put on for us was good.

Tonights market open should be interesting.

[Fransisco]

[cottonpicken]

http://sanders.senate.gov/imo/media/doc/GAO%20Fed%20Investigation.pdf

[Wheatking]

Are you for real Tom. Although I agree with you
about getting rid of the board, you really come
off as a nut job with all this prophesying. This
isn't the end of days. Life will go on, even for
those who don't believe. It's hard to take you
seriously on any argument when you quote
scripture for everything.