DarkFury
Platinum Member
- Banned
- #1
Well yet once again we come to the end of a democrat president and yes MORE un-backed debt. Almost 20 trillion at this point and while democrat dead beats will blame it on the cost of Bush wars the fact is Bush wars make LESS than 50% of the debt and Obama spending makes up MORE than 50% of the debt.
The money that they were loaned was never spent on what it was supposed to be. That infrastructure money? Spent on woman's studies because after they got the money the idea was judged to racist and sexist. It would have employed to many white males to their thinking. The NASA money for research and building a second generation Space Shuttle? Global Warming instead.
So the loan money was spent folks just like a drug addict spends the rent money. The creditors China/Saudi and Japan will get their money back plus interest. They don't give a damn if your elderly on SS have to sleep in the streets or your kids go hungry at night. They care about their kids and yours can go to hell. This entire load of debt is about to get dumped on the blue collar.
"Obama leaves the country with 20 trillion debt due to his borrowing strategy
As the Obama administration comes to a close, the administration leaves the US with the highest national debt the country has ever seen, approaching 20 trillion dollars. Richard Wolff, professor of economics at The New School, says that following the bailout in 2008, the government did not want to raise taxes to match the costs of the stimulus package that would be used to kick-start the economy. Instead, the government borrowed the money from foreign governments such as China and Japan. Wolff states that the process of receiving foreign loans is only a short term solution and does not eliminate the country’s economic problems as it only further drives the country into debt. RT’s Manilla Chan reports."
RT America -- August 01, 2016
Now Obama and Clinton had an idea how to lessen some of their debt. They would just SELL United States assets to cover it. That sale/trade would include some islands in Alaska. Yup, gold and oil rich Alaska, and that sale had nor did allow ANY input from the Senate the House or even the state of Alaska.
"The State Department has undertaken the giveaway in the guise of a maritime boundary agreement between Alaska and Siberia. Our own federal government drew the line to put these seven Alaskan islands on the Russian side. But as an executive agreement, it could be reversed with the stroke of a pen by President Obama or Secretary Clinton. The agreement was negotiated in total secrecy, not allowing the state of Alaska to participate in the negotiations, and was the public was not given any opportunity to comment. All resolutions of opposition passed by the Alaska have been disregarded by the State Department."
Now THAT source comes from just about one of the MOST liberal sites on the net......
Conspiracy Watch: Did Obama Give American Islands to Russia?
So the fiscal drug addicts TRIED to sell/trade property they did not own. Can you even image waking up one morning and finding out you, your family had lost your citizenship because your government sold/traded the land you live on?
And they expect YOU to pay for it.
Fury
The money that they were loaned was never spent on what it was supposed to be. That infrastructure money? Spent on woman's studies because after they got the money the idea was judged to racist and sexist. It would have employed to many white males to their thinking. The NASA money for research and building a second generation Space Shuttle? Global Warming instead.
So the loan money was spent folks just like a drug addict spends the rent money. The creditors China/Saudi and Japan will get their money back plus interest. They don't give a damn if your elderly on SS have to sleep in the streets or your kids go hungry at night. They care about their kids and yours can go to hell. This entire load of debt is about to get dumped on the blue collar.
"Obama leaves the country with 20 trillion debt due to his borrowing strategy
As the Obama administration comes to a close, the administration leaves the US with the highest national debt the country has ever seen, approaching 20 trillion dollars. Richard Wolff, professor of economics at The New School, says that following the bailout in 2008, the government did not want to raise taxes to match the costs of the stimulus package that would be used to kick-start the economy. Instead, the government borrowed the money from foreign governments such as China and Japan. Wolff states that the process of receiving foreign loans is only a short term solution and does not eliminate the country’s economic problems as it only further drives the country into debt. RT’s Manilla Chan reports."
RT America -- August 01, 2016
Now Obama and Clinton had an idea how to lessen some of their debt. They would just SELL United States assets to cover it. That sale/trade would include some islands in Alaska. Yup, gold and oil rich Alaska, and that sale had nor did allow ANY input from the Senate the House or even the state of Alaska.
"The State Department has undertaken the giveaway in the guise of a maritime boundary agreement between Alaska and Siberia. Our own federal government drew the line to put these seven Alaskan islands on the Russian side. But as an executive agreement, it could be reversed with the stroke of a pen by President Obama or Secretary Clinton. The agreement was negotiated in total secrecy, not allowing the state of Alaska to participate in the negotiations, and was the public was not given any opportunity to comment. All resolutions of opposition passed by the Alaska have been disregarded by the State Department."
Now THAT source comes from just about one of the MOST liberal sites on the net......
Conspiracy Watch: Did Obama Give American Islands to Russia?
So the fiscal drug addicts TRIED to sell/trade property they did not own. Can you even image waking up one morning and finding out you, your family had lost your citizenship because your government sold/traded the land you live on?
And they expect YOU to pay for it.
Fury
