China Commercial about our debt

[truegrinder]

You all may have seen this video on the commercials lately. As painful as this is, it is true. Thoughts?



YouTube - Banned US Commercial about the national debt

[Patriots Game]

It's banned in the us? It's so true that the govt needs to ban it?

[snapdad]

Typical right wing propaganda.

[Romanowski]

garbage

[tigerman19]

why is this garbage?

[truegrinder]

i was wondering the same thing?

[snapdad]

Originally Posted by tigerman19

why is this garbage?

It's just the typical fear mongering to get the sheep to fall in line.


The ad was paid for by the Citizens Against Government Waste (CAGW).

Look who funds the CAGW and you tell me if they should be trusted:
Citizens Against Government Waste - SourceWatch

[Romanowski]

people were crying that japan owned too much of our debt in the 80s too

this protects your currency and nobody can fuk with it



the Chinese want to play this game they will die of hunger before anyone here will

the only other thing that could defeat our currency is panic (internal)

a mass confusion and loss of confidence in our own currency

debt? we have always been in debt, from day one to england

and today the majority owners of our debt are us, we own most of our own debt, that a vote of confidence

china is only the biggest foreign holders of our debt

its not a problem unless its rate isnt equaled by the rate of technology & innovation

[truegrinder]

Originally Posted by Romanowski

people were crying that japan owned too much of our debt in the 80s too

this protects your currency and nobody can fuk with it



the Chinese want to play this game they will die of hunger before anyone here will

the only other thing that could defeat our currency is panic (internal)

a mass confusion and loss of confidence in our own currency

debt? we have always been in debt, from day one to england

and today the majority owners of our debt are us, we own most of our own debt, that a vote of confidence

china is only the biggest foreign holders of our debt

its not a problem unless its rate isnt equaled by the rate of technology & innovation

Rome you need one of these. good points though

[JR7302001]

I predict an economic collapse of epic proportions in the next 12 months!

[Kramer]

EVERYONE FUDGES THEIR BOOKS

Jim Jubak: Debt crisis, budget lies in Greece, U.S., Canada - MSN Money

[guzzi]

Originally Posted by JR7302001

I predict an economic collapse of epic proportions in the next 12 months!

mayan...

[Steel]

Say what you want but things are going to change. Gas has always been quoted in US dollars. That is about to change because our money is not worth what it once was. You can live in denial all you want we are buried in debt. Its a huge problem and its getting worse. To say we have always had debt is to live in denial. With in the next 2 years I believe the place falls. We can't keep giving people these huge retirement programs. Our government is a joke and they are over taxing us for EVERYTHING. The government sends out letters telling Americans " you have been randomly selected for an audit". Begging for more money from all of us so they can continue living their phony lives. Buy Gold and Silver because its about all that will be worth anything in the near future.

[tomek30]

this whole debt is intentionally created with a purpose to destroy the US dollar, US govnt has no choice but either to default on its debt or print truillions of $ which is what they will do in order to pay creditors. Hyperinflation will soon hit this country thanks to the govnt spending but they''ll just come up with some new monetary scheme and the game will start all over again.

[Romanowski]

doom and gloomers crack me up