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FleaStiff
FleaStiff
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June 23rd, 2012 at 2:49:52 AM permalink
Quote: MauiSunset

A generation from now folks will look back at this time and ask "Didn't they see what was coming?"

And the answer will be 'yes'. Bailout.
MauiSunset
MauiSunset
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June 23rd, 2012 at 4:10:12 AM permalink
Everyone needs to see America ticking away to bankruptcy here: http://www.usdebtclock.org/

Right now every person here owes Obama $50,367 - this is the other side of the definition of "Hope and Change".

When do you plan to pay your "fair share"? That's just of the national debt.

When you take into account all the unfunded liabilities, like Social Security and federal pensions to federal employees each taxpayer owes:

$1,049,118

You are a millionaire - the wrong way around. This doesn't include state pensions.

Who's going to pay off these debts? I'm not, very little went to me and most folks feel the same way.

This is what bankruptcy is all about - dumping the pension obligations, reorganizing and setting up a payment plan that will lead to probably another bankruptcy.

America is headed for bankruptcy and nothing can stop it............
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