Obama is in my opinion blowing $1.5 trillion dollars on "jobs" and "new roads".
Thats 60% more then the United States takes in on tax revenues.
If our currency collapses, because Obama kept socializing the free market with trillions of dollars in waste, will it be a serious issue for you?
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March 8th, 2010 at 9:28 am
There isn’t going to be a "currency collapse."
March 8th, 2010 at 9:28 am
Dont worry, you repigs will keep wall street running while main street dies.
March 8th, 2010 at 9:28 am
1 Third of the stimulus was tax cuts. And its the recession and previous tax cuts that are causing the deficit, not spending.
March 8th, 2010 at 9:28 am
Most libs don’t get intl econ and know what sovereign debt means They will blissfully keep supporting the liberals that are destroying the national and world economy and making the US a 2nd rate power and a Weimar style currency crisis
I agree with Thomas d, Schiff will prove to be right
March 8th, 2010 at 9:28 am
A currency collapse will be a serious issue for all Americans.
March 8th, 2010 at 9:28 am
Yes. I watch Cable News and listen to AM radio too - so I am scared to death - about everything.
March 8th, 2010 at 9:28 am
Not really, about 2 years ago I listened to Peter Schiff and moved my money into precious metals funds and international bonds, I have been chugging along pretty good.
March 8th, 2010 at 9:28 am
In the real world, what Obama and Congress are doing is called "fraud" and "extortion". And people get tossed in prison for a very long time for fraud and extortion.
March 8th, 2010 at 9:28 am
It will be for me, because I will need to find a new job. I drive a semi to the States daily, and if the American dollar falls below the Canadian dollar, I will not be delivering anything to the US.
You of course might be selling us more, but I usually do not go down empty.
Every trip to the US with Canadian goods always has a return trip to Canada with US goods.
March 8th, 2010 at 9:28 am
Well, I suppose this is the reason why you opinion doesn’t matter…
Please explain, exactly, your logic. What does it matter that 1.5 trillion is 60% more than the US takes in on tax revenues? The US government, since inception, has ALWAYS spent more than tax revenue brought in. Our currency hasn’t collapsed yet has it? How is your uninformed logic evidence that it will collapse in the future?
I think your time could be better spent on education than making useless and illogical rants here.