View Full Version : This should scare every American!
pooltchr
06-01-2011, 09:26 AM
http://www.usdebtclock.org/
While some want to fight, bicker, and blame "the other party", our country is racing toward a real financial meltdown.
If we don't cut spending now, we may not have the chance in the future.
Wake up people...this is not a partisan debate...we are racing toward a cliff and it has to stop!
Steve
Print more, what's the problem?
pooltchr
06-01-2011, 01:27 PM
Or as we say in NASCAR flyover country....Put the pedal to the metal!
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Steve
That falls on deaf ears here with the lefties. Spending was bad for Reps but good for Dems. For the righties on this board spending was bad when W did it and bad with Obama doing it. That is the difference.
eg8r
llotter
06-01-2011, 03:18 PM
Where is Snuffleupagus when you need him for the answer. Or at least The Moron, who never saw a problem that he didn't have an obvious answer to. I see QE3 is in the wings.
llotter
06-01-2011, 03:20 PM
I see the headline on Drudge warning that a great, great depression in on the way. Who could have predicted that?
pooltchr
06-01-2011, 04:15 PM
And Obama will help it on it's way, and then blame Bush!
Steve
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: llotter</div><div class="ubbcode-body">I see QE3 is in the wings. </div></div>
QE3 (http://www.cnbc.com/id/43233866) is on the way.
Months ago I predicted that the Dow would tumble when QE2 ended. Well, on day 1 following QE2 ... it tumbled 280 points.
This market is, and has been, a mirage.
The longer it is until the needed correction takes place ... the more brutal it will be.
Where, oh where, are the leftists who assured us that the fed wasn't manipulating markets at all?
Let's hope it is wrong.
eg8r
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