50 thing every American should know about the Collaspe of the Economy (Congress, millionaires)

[SilverOne]

http://blacklistednews.com/?news_id=13882&print=1

Author list 50 things that you should know about our economy.

#4--- this happened in Argentina in 1999 during the collaspe foreign banks bought the infrastructure and the Argentine's are now paying rent on everything from government building to sewage treatment plants. Also Greece is being offered the same thing, foreign bankers will buy parks, national momunments, and roads is this the game plan to buy our infrastructure for a song then rent it back forever.

[marcopolo]

Originally Posted by SilverOne

http://blacklistednews.com/?news_id=13882&print=1

Author list 50 things that you should know about our economy.

Yeah, well, we always have challenges and problems...and we always overcome them or muddle through them. What is your point?

[Clark Park]

Interesting. Thank you for posting.

[HappyTexan]

Thanks for that post..scary to see all that info in one reading.

Here's the one that jumped out at me:

#46 59 percent of all Americans now receive money from the federal government in one form or another.

And here's why "tax the rich" will never fly:
#50 The percentage of millionaires in Congress is more than 50 times higher than the percentage of millionaires in the general population.

[malamute]

Originally Posted by HappyTexan

Thanks for that post..scary to see all that info in one reading.

Here's the one that jumped out at me:

#46 59 percent of all Americans now receive money from the federal government in one form or another.

And here's why "tax the rich" will never fly:
#50 The percentage of millionaires in Congress is more than 50 times higher than the percentage of millionaires in the general population.

59% is incredibly high.

I wonder what liberals think is the highest percent that can be on the dole before there are problems on the horizon.

The increasing numbers joining the government dole should alarm even the liberals but they seem to be unaware there could ever be too much debt, too much government spending.

[theunbrainwashed]

Originally Posted by malamute

59% is incredibly high.

I wonder what liberals think is the highest percent that can be on the dole before there are problems on the horizon.

The increasing numbers joining the government dole should alarm even the liberals but they seem to be unaware there could ever be too much debt, too much government spending.

I wonder how many liberals also realize how many of those millionaires also happen to have a {D} next to their name? Almost all the wealthiest counties in the U.S. are Democrat strongholds.

[Swingblade]

I doubt if we will get any meaningful cuts but lets say by some miracle we do we still will be facing this :
#42 Most Americans don’t understand that the Federal Reserve and the debt-based monetary system that it runs are at the very heart of our economic problems. All of this debt is absolutely crushing us. The U.S. government spent over 413 billion dollars on interest on the national debt during fiscal 2010, and it is being projected that the U.S. government will be shelling out 900 billion dollars just in interest on the national debt by the year 2019.
Translation: we are f*****, all the tough decisions that are so called leaders could make will just get ate up paying interest to mostly the banksters. We should have held our leaders accountable many many years ago but instead our backs are against the wall.