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Tuesday, August 2, 2011

PARASITIC ECONOMY


"They are living like parasites off the global economy" So says Russian Prime Minister Vladimir Putin, about America.

Having watched the debt debacle as it unfolded in congress, I was taken back to my childhood when I was expected to believe everything my parents said. The politicians talked to us like we were children and didn’t understand what was really going on.

All kinds of figures are being tossed about some of the key ones are; we are going to cut 2.4 trillion dollars in spending over the next ten years (maybe). An increase in the debt of 4 trillion (including interest) to get us by the next election. And according to some, we are the track to add another 12 trillion to the debt over the next 10 years.

As we near the point of no return there are many people who think we can keep borrowing money and raising taxes indefinitely.

I found it interesting listening to one of the better known senators who said that; behind closed doors the discussions were to first tax the rich and then go after the rest of the tax payers.

The faces I saw debating this problem in the congress are to a great extent the same ones who created the problem, Reid, Pelosi, Schumer for starters.

These people will fight to the death (of America) to defend their liberal philosophy.


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