Wednesday, September 24, 2008

We're jacked

So here's a couple of quick links leading me to the conclusion that we are definitely hosed as a country.

From 2004.
From last February.
From this week.

Plus this one... about oil futures.

Anyone who thinks this is going to get better anytime soon isn't looking at the money trail. The fact is, the Chinese already have been buying most of the bonds the U.S. sells to cover these debts. I'm not exactly sure how it all works, but I do know that U.S. citizens are not the ones buying the bonds. We're in the hole, big time.

If you think McCain is going to lead us out of this, you're wrong. He wants to cut taxes even further. Exactly how does that make sense? We owe TONS of money. Unfathomable amounts of money, and we're going to tax, i.e. 'make', less money. That's a brilliant idea.

If you think Obama and his 'change' platform will fix this, you're wrong. While Clinton had the right idea and lead to some very good fiscal policies, Obama's platform is currently to increase social programs in the U.S. You know, because we're not already paying for enough junk.

By the way, this bailout that Bernanke and the others are promoting. Twice the cost of the Iraq War, once the pork is added in. But at least a lot of Americans have affordable housing - now my tax dollars can subsidize those loans.

Go America.

4 comments:

Anonymous said...

Yeah unfortunately most people don't look at the bigger picture and realize that they probably need to sacrifice something to make it work.

Anonymous said...

You're forgetting that Obama's "Change" platform is magical and will save us from all of our problems.

ixoj said...

I hope your little get-a-way in the mountains is ready.

Anonymous said...

I totally agree.