Global Debt

serenity4u2 · #1 (**permalink**) 09-19-2008

I have been thinking about the principle- who we are debtors we are slaves...
Is it safe to state- China, Suadi, Germany, etc... owns our Bailout debt? If so are we not slaves to those we owe? I have tried to be my own land owner and independent from debt- yet, my country is making me a slave.. I used to tell young Marines they were slaves to financial companies if they owed them. Now, it seems our own country is selling us into slavery.. I am not a Democrat or a Republican- just an AMERICAN.... Use the term Bond Servent- Slave- it is all the same... Personally, I do not desire to be anyone's slave (bond Servent) especially by Force!

sck5 · #2 (**permalink**) 09-20-2008

thats what happens when you cut taxes but spending keeps growing. simple arithmetic though some would like to believe cutting taxes even more will somehow magically make revenues grow. Magical thinking about the national finances doesnt work any better than magical thinking about our own.

Our kids will still be paying this debt when we are gone and someday they are going to ask "What did they buy with all that money?"

serenity4u2 · #3 (**permalink**) 09-20-2008

This isn why WE NEED Pallin.... She CUTS spending- Creates Jobs (private sector) Gives the money back to the people... Plus She is the ONLY Governor with a FIVE BILLION SURPLUS- wow.... Thats what we need... American workers creating American Tax revenue..... I know its beyound most Governors.. - not Sarah!

sck5 · #4 (**permalink**) 09-20-2008

its easy to have a surplus when you have buckets of oil money and the highest per capita level of handouts from the feds. that doesnt prove much. decisions are easy when the money is rolling in. By the way, she left her little town of Wasilla millions in the hole. But it really doesnt matter because she is only the veep and their job is to cut ribbons and stand around looking ready.

http://www.ireport.com/docs/DOC-77525