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America's Fiscal Stupidity Mirrors Detroit

mguy Wrote: Mar 02, 2013 4:57 AM
Loans are made with conditions and pledges of collateral favorable to the plutocratic lenders to Washington, Beijing lends back some of its free trdae, profits while Saudi Arabia lends back some of its oil revenues to keep our American President's progressive Potemkin village going, Our children will be paying in perpetuaity to these foreign plutocrats, the way the colonist did the the feudal lords of the British empire. Soon the Zionist of Manhattan and owners of the Federal Reserve Bank will demand their physical assets.. The US Treasury is now a de facto subsidiary of Goldman Sachs. The Chinese politburo will demand our acquiesence as China absorbs all of Asia , The Saudi sheiks want removal of all hia and support of Muslim Brot
NewJAl Wrote: Mar 02, 2013 8:08 AM
Energy independence, with coal, oil drilling, shale oil and gas, and a pipeline would help.
Obama blocks these, by way of his Czars and EO's.

It’s fitting that on the day Washington, DC is cutting the budget by an agreement that they really didn’t mean, that the city of Detroit will finally get what’s it has needed for a long time: declaration of fiscal disaster.

Michigan’s Rick Snyder has appointed an emergency city manager to do for Detroit what Obama, Biden, the UAW, GM, Chrysler, the city’s council and mayor have not been able to even with a $80 billion bailout of the automotive industry.

“Snyder’s decision comes after a state review team report concluded last week that Detroit is in a financial...