Obama Reaffirms He Won't Negotiate With Terrorists

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couldn't agree more.

At least the government is starting to be honest about what the dollar is going to be worth at the rate they are borrowing.

Obama is a terrorist and dictator. Most Republicans are no better.

The best way to increase the US dollar's value is to raise taxes. Taxes determine the value of money; when you're forced to pay a tax in dollars, you need dollars.

When the social security checks and military pay cease, the Republicans probably still won't get why they're being lynched in the streets.

-Bill, otherwise known as Kraichgauer

The chickens have come home to roost, and the third act of this play is falling apart.

The last time our economy produced anything was computers in the 90s, and following the Resolution Trust markdown of real estate, it started a boom that ended with the Dotcom Bust.

Congress continued living in the past, expecting another cow to milk would come along, and living on credit till their ship came in.

Short term thinking leads to long term debt.

Spending is a problem, has been for a while. It was not wasteful raises in Social Security, which has not kept up with inflation.

Spending for the war machine with no bid contracts to select companies has funded corporations over domestic improvment, and for education, domestic production, transportation, employment, that was deferred, the money routed into pensions.

Economic History says there are limits to growth, and we are there. Growing a larger pie has been the method to keep the Ponzi going, but the pie is shrinking, so they only way out is shrinking people, reducing income to reduce demand, which then calls for more reduction.

Cutting Defense spending by two thirds, it would take twenty years to pay down the debt. The other half of government spending is Social Security, Medical, Food Stamps, which cutting would cause a sudden dis election of government.

Trapped between losing votes, and losing payoffs, Congress will chose to crash the world economy, because that keeps them in power.

Reducing the value of money reduces debt, and the cost of domestic spending. Real wages have been falling for forty years. The buying power of Social Security has also, and the inflation index is based on computers, which get cheaper, no longer food and fuel, which went up.

Inflation is a pay cut that also moves more income into a higher tax bracket.

There is no way out, The housing bubble has left an economic hole larger than the National Debt. Banks are hiding their losses,

Cuts would reduce the economy, produce more unemployment, and even the threatened Cliff, is an 8% reduction of Government spending that is 30% above income. It is like tearing the wings off of a falling plane, to lighten the load.

More spending has a way of going to Defense, giveaways to Wall Street, Tax Cuts, for special friends, and buying machine guns for schools and the TSA.

Employment has been reduced by waiting for people to die, and keeping people out of the labor force.

These trends will continue.

Obama a blithering idiot, a dictator wanna-be. The moment he sees a chance, he will negotiate with terrorists.

Having been called a Terrorist, I would not negotiate with him.

In the Immortal words of Nancy Reagan, "NO!"

NO! to the debt ceiling.

NO! to avoiding the Cliff.

NO! to disarming the people.

While the President has the Veto, The House of The People has the Power of the Purse.

We will not fund that, is a reasonable reply.

The House is siding with the Russians and the Chinese, when the UN approved a no fly zone in Libya, Obama used it for a trillion dollar bombing raid that created a political settlement by slaughter, and bought the Islamic Brotherhood to power in Libya, and in Mali.

The man is a Bounder, he over steps his bounds, and trys to see what he can get away with. What we call, Chicago Style.

There was never an Embassy in Benghazi, or a CIA Station, Kadafi would not approve, no new government had been formed, it was an invasion of someone else's country, taking property, and running up the flag.

They were not allowed back in by the real government.

France of all people is having to clean up the mess he left in Mali, Algeria, where The Brotherhood has all the weapons of Libya.

Sryia was supported on his watch, CIA, Weapons, Money, and has killed 60,000 trying to invade a country, that just wanted to be left alone.

He killed these people for the Jewish Vote. And Money. He made Bibi's girlfriend the Secretary of State.

My way or the highway, OK, Barry, enjoy your four year walk down that road, because no one is going to talk to you, fund your thug ways, or vote for anything you want.

He gets the part where he is President, but misses the, Of The United States. He will be gone, The United States will continue, and we need to protect our international reputation.

Congress did right about taxes, extending unemployment, but is not going to fund any more shovel ready projects that shovel money directly to Goldman Sachs.

AIG covered their Short of America, were bankrupt, but Obama stepped in and paid off their gambling debt 100%. GM was bankrupt, Obama stepped in and shafted the Bond Holders, and did a Presidential restructuring, giving it to the UAW.

We have Laws, and this is not Chicago Gangsters,

He speaks well, is educated, dresses well, but in his brain he is a Thug.

So you think you run America? Go ahead, we will watch.

You are at the Debt Ceiling, the Cliff is coming, let the White House deal with it.

The Democrats can have all the money they want by cutting government spending, which they have to under the Cliff, and can abolish The Department of Education, and other agencies that do nothing. Grain and oil are tripled in price, yet they get paid by the Government?

Cut Barry cut, see Barry cut, cut Barry cut!

No, I supported Obama.

Now that everything has been stolen I want to start a war between the Republicans and Democrats.

Together they made war on the People, and by the old saying, "You have made your bed, now go lie in it."

They now stand at that Historic Place where Bernie Madoff stood recently, when all of his creditability vanished, and he could not deny being a fraud.

The Bonds will be paid, that includes Social Security, so the cuts will fall on government. We have them eating their own!

Agra Business, Defense Contractors, Big Oil, will have to eat dog food.

Wall Street and the Banks still have all the Toxic Assets they created.

Mark to Market and they will huddle together in the vaults and burn evidence to stay warm.

Those who ran up the Wealth Bubble, will no longer be able to buy protection.

The Chickens have come home to roost!