PDA

View Full Version : Americans coming to terms with U.S. bankruptcy



Ares
22nd July 2010, 06:14 AM
<img src="http://image3.examiner.com/images/blog/replicate/EXID35976/images/obama1(284).jpg"/>

A USA TODAY/Gallup Poll recently found that Americans are facing the music in record numbers and accepting that Social Security simply isn't sustainable.

According to the poll, three out of every five Americans now admit that they expect to see no benefits from the program once they retire--a huge escalation from years earlier.

The reason: Democrats refuse to stop borrowing and printing off endless mountains of cash for any and every problem, wildly exploding the deficit and quadrupling the national debt with zero regard for their campaign promises (remember 'Pay As You Go?') or the future of the country...and they show no signs at all of slowing down (see their umpteenth extension of government-funded joblessness).

http://www.examiner.com/x-35976-Conservative-Examiner~y2010m7d21-Americans-coming-to-terms-with-US-bankruptcy

Hatha Sunahara
22nd July 2010, 10:01 AM
I'm not worried about it. There is a reason why the law allows bankruptcy. It's to protect the whole system. But, when everybody goes bankrupt at once, there is no way to protect the system, nor is there any reason to.

In the bible there is mention of a 'Jubilee'. That's when people are absolved of their debts. The ancients understood how wealth accumulates to the rich, and to keep crushing debt from killing off the workers, the rich had to give them a break. We have depressions--but we are not allowing that mechanism to work because the rich now think they can maintain the status quo by making everyone else perpetually poor. That will not work. What will happen is that the rich will become poor until they have had their lesson in humility.

Hatha

Phoenix
22nd July 2010, 11:59 AM
PURE PROPAGANDA!

Notice the evil mantra the Jewsmedia and government keep pushing? "Entitlements...entitlements...entitlements...will make America bankrupt!"

NO, GOD-DAMN IT, WAR has made America bankrupt!

Social Security and Medicare WERE PAID FOR. Reagan and subsequent "leaders" blew all of the Social Security and Medicare funds hundreds of millions of common Americans had worked their asses off for, and NOW, you poor bastards are being told what you paid for is "too costly."

This "austerity...for you...but not for the MIC" sh*t is making me SO fu*king mad!

>:( >:(

Notice the "constitutional functions such as defense" blurb in the graphic? This multi-trillion dollar evil insanity we have now at the Department of "Defense" is not constitutional. But they are doing their damnedest to protect the welfare of the mass murder machine.

gunDriller
22nd July 2010, 01:07 PM
This "austerity...for you...but not for the MIC" sh*t is making me SO fu*king mad!



well, you better not read what i write below because it'll make you more mad.


so

i have

thoughtfully

put in

"spoiler-space".

that's the term

they use on

fiction discussion boards

if they are going to talk

about the plot, to warn

people who haven't

read the book.



Anyway, when I lived in San Diego I was surrounded by the high-tech MIC types of folks.

just sitting in the hot tub after a swim at the Y, i remember talking to a retired Marine who went right back after he retired because he made more money. $1000 a day to be a security guard working at the embassy. of course that might include some outside duty, where you need a machine gun & a bulletproof vest.

anyway, that's where the money is in San Diego. if you want a job, you have to suck off that government tit.

a typical job for a person in San Diego is "Project Manager for Spawar". i forget which defense contractor is the main contractor. Lockheed, General Dynamics, Northrop Grumman, they all have a lot of facilities in San Diego. as does SAIC, which is basically a lot like a private CIA.

i myself worked on radios etc. for military planes etc., as a design engineer. so technically i was also sucking at the government tit.


it is a wierd culture, so allergic to introspection and just basic thought. but a lot of $ down there.

Bigjon
22nd July 2010, 01:35 PM
San Diego love it, spent a month at the Mission Bay Hilton while supporting some rinky-dink computer out at Lockheed Martin.

oldmansmith
22nd July 2010, 01:55 PM
And even Obama wants to INCREASE "Offense" spending. I ask war hawks why we need to spend more fighting people in caves with no Navy and no Air Force than we did fighting the Soviet Empire and their eyes glaze over.

Ponce
22nd July 2010, 02:00 PM
Not to worry folks.........the government will pay back into Social Security what was "borrowed" with an IOU piece of paper.......... and you can take it to the bank........after all, the government would not lie, would they?

oldmansmith
22nd July 2010, 02:04 PM
after all, the government would not lie, would they?


Of course you can trust the government. Ask any Indian.