Comments on: The Dollar Crash

By: raymond

raymond — Wed, 27 May 2009 22:45:06 +0000

when greed by lazy American people is satisfied by the American politicians giving them every thing they want what can any one of us working people expect ??In order for politicians to get elected or re-elected they promise to give every thing asked for knowing full well how far in debt we already are..The old saying “YOU GET WGAT YOU PAY FOR”is certainly ringing true..Its a little late to take back all that we’ve lost..

By: Steve Feld

Steve Feld — Wed, 27 May 2009 20:11:35 +0000

Our US debt, like personal debt, must be reduced to the
manageable level of perhaps $450 billion by thoroughly examining EVERY aspect of government spending–from massive military/black operations budgets to government retirement plans, especially those plans designed to surround high level elected and salaried officials in tremendous wealth and benefits.

Indictments toward a finding of guilty ought to be rendered against any individual with ties to (1) policies that have (in “good” times and bad) ruined the US economy and (2) any secret account holding multiples of millions or billions in ill-gotten gains in the name of the American Tax-Payer.

All government pensions above $65,000 per year should be reduced by 15%, the guilty should be punished with their government pensions reduced by 55-85%.

Put the $950 billion savings toward the debt and pay down the $11.3 trillion over the next eighteen years starting now.

By: Dwayne

Dwayne — Wed, 27 May 2009 20:10:28 +0000

It is convenient to blame Bush, but the housing debacle started with Carter’s administration and enlarged during Clinton’s administration with making sure that no one was denied a home. The explosion of debt occured during Obama’s administration – he has tripled the debt that we had prior to this year and he did it all in 5 months.

And in regards to antagonizing the muslims, I don’t recall that Clinton nor Bush did anything to antagonize the muslims when we were attacked on 9/11. How convenient to have such a short memory on how we got to where we are. It’s like blaming the bank security guard for shooting the bank robber. If the bank robber hadn’t been there in the first place waving a gun, he wouldn’t have gotten shot by the security guard. We are a messed up society of we can’t even reason cause to effect.

By: Jeremiah

Jeremiah — Wed, 27 May 2009 12:17:08 +0000

The damage was done during the last eight years while the Bushies lowered interest rates, inginited the housing market and went on a spending spree to keep the economy super heated while they misruled. What a disaster! Now, 2 ongoing, endless wars that only served to antagonize muslims and solidly cast us as torturing monsterous invaders.