A new IMF report blithely forecasts that the "Age of America" will end as the U.S. economy is overtaken by China by 2016.
· China Proposes To Cut Two Thirds Of Its $3 Trillion In USD Holdings leaving us to wonder who will buy our bonds if China cuts them loose? As the Feds "buy" more and more of U.S. debt, the dollar is steadily devalued.
· With gas prices climbing to $4.00/gallon and after Shell Oil has spent 5 years and $2 billion to drill in the Arctic Ocean, EPA idiocy in withholding air permits is forcing Shell to abandon drilling. Obama needs to investigate the EPA rather than attacking oil companies and "speculators.
· And in the latest example of thugs in the White House, Obama is proposing an executive order requiring a company or its executives to disclose political contributions over $5000 in order to qualify for a federal contract. (But of course big labor will not have to disclose its vast contributions.) This is much worse than the much criticized Nixon "Enemies List" . Businesses hoping to win federal contracts will be very intimidated about showing up contributing to Republicans.
Can't wait for 2012.
The fall of the Roman Empire , the fall of America , Obama played his fiddle while this country burned.
ReplyDeleteMost people who know history , know what I'm talking about. The good way to defeat a country is from within , Ahhh ,the trogan horse.
You are on target 12:00 and allot of persons on this site, CNN, MSNBC, Women's Lib sites, TIME magazine have the "OBAMA FOG"; recent Mental Health disorder, and do not see the Trojan Horse that George Sorros placed here to take over....
ReplyDeleteI'll see your Trojan horse and raise you ten Slimy politicians. You think 2012 is going to do anything other than put ANOTHER theiving politician in place, who has an agenda that has anything to do with making our country stronger or better? Those days are over....the average middle-class citizen is powerless and meaningless, sorry to say....
ReplyDeleteSilly person. George Soros is a puppet. Barry Soetoro is his puppet.
ReplyDeleteThink about it.
You and I have no idea who the Wizard is . . . if only we could get a peak behind the curtain.
Obama needs to investigate the EPA and keep attacking oil companies and "speculators.
ReplyDeleteThis is much worse than the much criticized Nixon "Enemies List"
come again?