Ok, so I do understand that debt has been something weve been told - TopicsExpress



          

Ok, so I do understand that debt has been something weve been told by economists is necessary to build the economy. And whether I agree or disagree with that would involve a little more research. Its not just obama, hes a figure of blame. Its our government as a whole being run by corporations (lobbyists) To make the rich more wealth, and to try and curb the middle class. But we all learned, when we turned 16 and got our first jobs, if you cant balance a check book, you will be broke. Simple... If we cant afford it, we will have to do without it. Such is life. If u get minimum wage pay, you shouldnt go buy a new bmw. The same applies to a business (America is a business now, not a way of life) If you spend more money than you make and you will be forced to shut down and close up shop. But we keep pretending that our business is great, and we can just get a bailout from China when we need it. Well it looks more like a shell corporation to funnel money to me... Im so tired of talking about our national debt growing exponentially and absolutely NOTHING productive is being done about it. We just borrow, into the TRILLIONS and beyond until... well like everyone else, we plead bankruptcy, or have our assets seized. So guess what? China has a deal in the fine print of all these loans that IF, and i say IF, America cant pay this debt, all of the natural resources on federal land will be forfeited to china. This includes vast oil reserves that havent been tapped, not to mention everything else. But possession is 9/10ths of the law, that means if you are given something, by law, you must posses it (in person) before you legally own it. Sorry to be so abrasive. .. but does anyone understand how rediculous this is becoming? Why can we not at least make an effort to do something before its too late. If it isnt already... My rant is over now
Posted on: Fri, 08 Aug 2014 20:00:24 +0000

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