chefdennis
Veteran Expediter
Lets see the country has more debt then most even picture, the counrty is about Bankrupt, the dollar is dropping continually and gold spiked at $940 an oz this morning. China is using the tresuries of ours it is hold to buy up most of austrailia and they are also buying up gold with the same tresuries in an effort to get out from under our debt that they hold....Russia dumped the dollar as a trade currency as China and brazil have mase a deal to stop trading in U.S. dollars...
So what does barry do, he ask congress to authorize $100 billion in loans to the International Monetary Fund (IMF) to help create a $500 billion global bailout fund.
LOL, and where will this money come from when it finally needs to be paid to the IMF?? Hmm we either print it (and devalue the dollar somemore) or borrow it from china...who has shown that it has wised up and it doesn't look to likely they will be buying much of our debt for a while......
Oh and Arnold and CA is looking to the FED for a bailout also....
Yeap, as barry said about FDR, he just didn't spend enough...barry is making sure he spends more then we have or or grand kids kids will have..........
http://www.cnsnews.com/public/content/article.aspx?RsrcID=48329
So what does barry do, he ask congress to authorize $100 billion in loans to the International Monetary Fund (IMF) to help create a $500 billion global bailout fund.
LOL, and where will this money come from when it finally needs to be paid to the IMF?? Hmm we either print it (and devalue the dollar somemore) or borrow it from china...who has shown that it has wised up and it doesn't look to likely they will be buying much of our debt for a while......
Oh and Arnold and CA is looking to the FED for a bailout also....
Yeap, as barry said about FDR, he just didn't spend enough...barry is making sure he spends more then we have or or grand kids kids will have..........
http://www.cnsnews.com/public/content/article.aspx?RsrcID=48329
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