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Obama Says "Nevermind" on Deficits

McGovern Wrote: Jan 27, 2013 8:51 AM
Never fear! We will take care of our debt, one way or another. Unlike Greece whose hands were tied, we can merely expand our money supply until our 16 trillion dollar debt is nothing. We will become worse than a third-world country, but at least we will pay our bills.
Bill110 Wrote: Jan 27, 2013 9:11 AM
'----we will pay our bills.' With what? More fiat money? China doesn't want our paper, but they would take whatever gold we have left----if any. Maybe we could pay them off in real-estate----oh that's right---they already are buying up America.
AZhot Wrote: Jan 27, 2013 9:41 AM
Encourage your grandchildren to learn Chinese and Aribic if they are to even have a chance to survive enslavement.
Wumingren Wrote: Jan 27, 2013 10:25 AM
The Chinese don't want our gold, they want our resources. All the oil and gas Obama won't touch? It might just be collateral for all the loans his regime is taking from foreign entitites.
Wumingren Wrote: Jan 27, 2013 10:28 AM
My whole family speaks Chinese, but that's irrelevant, because the Chicom elite have a better handle on English than a good portion of Obama voters. The Chinese peasants don't speak English, but then they don't have to speak any foreign languages, just like the American peasants.
DoctorRoy Wrote: Jan 27, 2013 11:24 AM
The only way the Chinese can take acquire our sovereignty is if we give it away. I submit that the Corporatist Republicans are just as likely to do that as the Corporatist Democrats.

Peas are all the rage when it comes to talking about the country’s fiscal woes.

You might remember that in July of 2011, when fighting over the debt ceiling, president Obama- right before he left for his 17th vacation at Martha’s Vineyard that year- complained about congressional inaction by saying that’s it time for the country “to eat its peas.”

From CBSNews: