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2012: When Dreams Died

George257 Wrote: Dec 27, 2012 4:26 PM
Greece and Spain had France and Germany to bail them out. But there will be no one to bail out the US. ( China could, but at what price?) When obama finally runs out of other people's money, the US will be in for a very hard landing.
Lars795 Wrote: Dec 27, 2012 11:18 PM
China is more of a fantasy economy than a real one. They know that they must have a viable US economy and a viable European one (not as robust as the US) to sustain what they have. They miss valued their own currency to create their current economy, but that too is awaiting a cliff. Unfortunately China, Europe, and the US will all go over the same but different cliff at about the same time. The greed of those at the topics only equaled by the greed of those that take and not give.

The various Islamic regimes will eventually obtain their desires in the lands they occupy and then will collapse in a revolt that they themselves could never imagine.

The world is achanging and we cannot stop it!

The year 2012 saw the triumph of cold reality over pie-in-the-sky dreams.

Barack Obama in 2008 won an election on an upbeat message of change in the hope that the first black president would mark a redemptive moment in American history. Four years later, the fantasies are gone. In continuing dismal economic times, Obama ran for re-election neither on his first-term achievements -- Obamacare, bailouts, financial stimuli and Keynesian mega-deficits -- nor on more utopian promises.

Instead, Obama's campaign systematically reduced his rival, Wall Street financier Mitt Romney, to a conniving, felonious financial pirate who did dastardly things, from letting the...