Viva Omama! you just want to see u.s. go down in a ball of flames before your kingdom, mr. :shy:
Throw another one at me, mr! :elaugh:
Fact of the matter is that we were heading there long before Obama was elected. And, sadly, the people have done it to themselves. Look at how many people, and companies for that matter, have been living way beyond their means for a long time. The fact of the matter is that the economy has been a house of cards for sometime, and, logically speaking, it was inevitable that it would collapse sometime......and it looks like that time is now. You simply can not rely so heavily on credit, and not expect the results that we are seeing today. The housing crisis......poor regulation on mortgages, and people buying houses that they simply could not afford.....and why? The "American Dream" of course. People running up $30K+ in credit card debt as if it's nothing. Bottom line is that the people have gotten too fat & like I said, have been living beyond their means.....it had to end sometime.
Now, regarding the whole taxation issue......I find it amusing that seemingly everyone wants everything.......but, just like with the whole credit mentality that fucked up the economy IMHO, nobody seems to want to pay for it. There simply is no way in fucken Hell that the national debt can be reduced &/or ever eliminated without raising revenues.....and that has to be in the form of raising taxes. Anyone who says they want to reduce deficit spending and/or reduce the national debt.....and they are against raising taxes....is disingenuous at best, and intellectually dishonest at worst! (or they could simply be bat shit crazy)
Could part of the mess that we are in right now be the result of Bush fighting 2 wars, and cutting taxes at the very same time? Nobody in their right mind would do that......and it never happened before in the history of the USA. Just sayin'! Just like George HW Bush inherited the shitty mess that Reagan's supply side economics (Reaganomics) left the nation by the time he left office......Obama has inherited the mess that "W" left for him.....and since there is little or no cooperation between the executive and legislative branches (especially re. The House), Obama's situation is even stickier! :2 cents:
Oh yeah, before anyone makes such "intelligent" assumptions about me, as many tend to do on here.......I'm not, and I've never really been an Obama fan.....and I've been fairly disappointed in his leadership (or lack thereof)......the only thing is that he sure as Hell is a sight better than the douchebag he replaced......and my reasons for being disappointed in him are genuine, and I'm sure they are the polar opposite of those on the right.......and certainly not the main reason that the "tea baggers" don't like him.......namely that he's black!!!!!! Hell, the south still hasn't gotten over losing the civil war.......I guess it would be expecting too much of people of the same ilk to get over the fact that there is in fact a black man (though the racists will point out that his mother was white.....in an effort to "prove" that they are not racist) in the White House in less than 3 years! Ha ha ha!