U.S. borrows $ from China & gives it right back as Foreign Aid, have we lost our mind

Discussion in 'Politics' started by Wolfmoon, Nov 18, 2011.

  1. Wolfmoon
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    Wolfmoon U B U & I'll B Me 4 USA!

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    The U.S. is borrowing money from China only to give some of it right back as foreign aid. Have we lost our freakin’ minds???


    Lawmakers criticize US aid to creditor China | KMOV.com St. Louis

    Tuesday, November 15, 2011

    “WASHINGTON (AP) — Aid to China — $275 million worth over 10 years — has been approved while control of both Congress and the White House has shifted between the parties.”

    “But with America scrambling to reel in its $14.8 trillion national debt, the foreign aid budget has become a first casualty. Republicans are calling for steeper cuts to the $21 billion budget of the U.S. Agency for International Development.”

    “This year's aid will be just $12 million, half that of 2010, but it's a prime target. China is the world's second largest economy, America's main foreign creditor, and blamed by both Democrats and Republicans for many of America's economic woes.”
     
  2. Wolfmoon
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    Wolfmoon U B U & I'll B Me 4 USA!

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  3. Jackson
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    Jackson Gold Member Supporting Member

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    Yes, we have lost our minds. Aid to China? Ridiculous! And the Super Committee can't find cuts?
     
  4. Wolfmoon
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    Wolfmoon U B U & I'll B Me 4 USA!

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    Oh, they can find cuts like Medicare for the elderly and social security for people who have paid into the system all their lives. They can cut the education system and even are considering lowering minimum wage for Americans. But they would never think of cutting off aid to China or illegal aliens in America or to countries who hate us.

    It's time for all the BUMS in Washington D.C. to be thrown to the curb and told "Good Riddance"!
     
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    Last edited: Nov 18, 2011
  5. Wolfmoon
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    Wolfmoon U B U & I'll B Me 4 USA!

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    with our enemies!!! What the HELL is wrong with our government!?

    China vows closer military ties with North Korea - Yahoo! News

    Friday, November 18, 2011

    BEIJING (AP) — China said Friday it would strengthen military ties with ally North Korea, amid continuing tensions between Pyongyang and Seoul and stalled efforts to restart nuclear disarmament talks.

    The vow follows a three-day visit to the North by the Chinese military's top political commissar, Li Jinai, during which he told North Korean leader Kim Jong Il that China's army wanted to enhance understanding and mutual trust and strengthen practical exchanges with the North Korean military.
     
  6. paulitician
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    paulitician Platinum Member Supporting Member

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    All Foreign Aid needs to be halted until it can be fully re-evaluated on a nation by nation basis. This is just another case of Big Government running amok. Foreign Aid should only be given based on strictly humanitarian needs. That's not happening right now. And if they're gonna give all our Money away,at least make demands on these nations that will benefit American Citizens. That's not happening right now either. If they want our money there should be goals & requirements they must meet to continue receiving it. American Citizens need to see some real tangible benefits from giving all that cash away. The Foreign Aid issue really is a mess and only getting worse. Their current system is broken & outdated. Time for a major overhaul.
     
  7. WillowTree
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    WillowTree Diamond Member

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    and then we have to pay them back what we borrowed to give them.. makes perfect sense to obamallama ding dong.
     
  8. Photonic
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    Photonic Ad astra!

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    I would argue that there wasn't much "mind" to lose for the people who made this particular decision.
     
  9. healthmyths
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    healthmyths Gold Member Supporting Member

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    ONCE AND FOR ALL!!!
    NO CUTS IN MEDICARE/SOCIAL SECURITY FOR PEOPLE OVER AGE 55 NOW!

    Please GET IT THROUGH YOUR HEAD and every other IDIOT who believes as evidently ARRP and idiots in their AD that ANY CUTS will occur for anyone over age 55 that means anyone NOW on MEdicare/Social SECURITY!

    DO YOU UNDERSTAND??

    The FACTS from the TRUSTEEs report IF you take the time to down load is there WILL BE CUTS due to not enough income to match payments going out starting in 2036!!!
    FACTS of LIFE..
    BUT the FACTS ARE NO CUTS to anyone receiving now or over age 55!
    PERIOD!!!!



    NOW addressing OTHER MAJOR WASTES YES this is a perfect example of STUPID WASTEFUL spending on Chinese and Vietnamese prostitutes USING YOUR TAX DOLLARS!!!


    $2.6 million training Chinese prostitutes to drink more responsibly on the job

    (NIH) spent nearly $442,340 to study male prostitutes in Vietnam and their
    social setting.
     
  10. Wolfmoon
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    Wolfmoon U B U & I'll B Me 4 USA!

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    Healthmyths,

    Obama already cut Medicare by 500 million dollars to fund Obama Care which is going to fail. The politicians can change their minds overnight and reverse any part of any Bill.

    It's the politicians who put their bloody red thieving hands in the Social Security pot and stole all the money. Bill Clinton used Social Security to balance the budget.

    Whether it’s now or down the road it doesn't matter. A lot of people are not 55 at this minute and they've paid their whole lives into the system and you can bet the government is not going to give them back their money!

    The politicians are now mulling over maybe the Americans should be willing to forfeit their retirements to save their country. As it goes the government can confiscate peoples 401k’s for the good of the nation. The politicians are the ones who ruined the nation’s economy in the first place. The politicians are slaughtering the Constitution while the sheep stand by. Not to mention the 50% inheritance tax that the government feels their entitled to.

    They may be able to pull the wool over your eyes and then piss down your back and tell you it’s raining but I’m fighting back.

    The trillions of dollars that the politicians are bragging about trimming off the budget won't happen immediately either. I wouldn't put it past them to change the deal they make today, in the dead of night tomorrow. The politicians can't be trusted because they’ve done it before.

    We're all going to Hell in a hand basket and if we don't vote out these old politician cronies. We’re all going to end up in the poor house, they can’t stop spending and they will spend us into oblivion. I ask you, what good is a political party if we are flat broke and under siege because that’s where we’re headed.
     
    Last edited: Nov 18, 2011

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