Hope fades
HANNITY: $4 trillion, $1.75 trillion deficit. Your initial thoughts? I doubt this would be the Romney plan. ROMNEY: Well, I'm afraid it is actually dangerous. I don't think people in this country generally understand that we face, not just a short- term economic strain right now with a potential of falling into a more severe recession, but also a risk that if we continue to borrow excessively that the world may decide that the dollar isn't worth very much. There may be a run on the dollar. We could have a kind of economic collapse which would, which would wipe out the savings of middle class Americans and put us in a very long-term, depressed situation. And as a result of that we've got to be very careful about our spending and — as well as our borrowing, and the idea that Barack Obama, at a time like this, putting aside the stimulus to get the economy going, he'd be forecasting down the road running up budget deficits of $500 billion. It's simply dangerous. It's the wrong course for us to take as a nation. We have to rein in the kind of spending, particularly in entitlements that really have put the country in a very jeopardized position. -- more
No depression or recession could be nearly as damaging or last as long as the damage Obama plans to do to the economy. Read more at Sultan Knish: Obama's Economic Armageddon
2 comments:
Even Warren Buffett agrees: "Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once-unthinkable dosages will almost certainly bring on unwelcome aftereffects." Inflation is likely to be one such effect, Buffett said.
"Currently, the risk of a terrorist attack taking place in Britain is said by the authorities to be "severe" – meaning that an attack is highly likely."
Well they should know, they are the ones carrying out the terrorist attacks - the MI6 and Mossad. Go watch 7/7 Ripple Effect and wake the fuck up. They've GOT YOU SUCKERED LIKE A SERF.
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