Are Republicans Intentionally Sabotaging Economy For Political Gain? (national debt, waiver, claims)

[Visvaldis]

Originally Posted by Wapasha

Really?

Try this on for size. The republicans were powerless to stop ANYTHING 0bama tried to do, because his party controlled EVERYTHING. 0bama pushed thru his agenda, and now look where we are, and our limping national economy. Seems like the republicans were correct to oppose 0bama's agenda.

We are living in a crumbling, unstable economy, because the republicans were unable to stop 0bama.

Calm down! You don't see the rich people complaining, do you? America is for the rich. The rest of us (Republicans and Democrats) are merely here to serve the rich.

[shorebaby]

Originally Posted by Kerby W-R

Again, this is all the Right-Wingers have is Fox News. People...this is not news. It's Rupert Murdoch. He hands them all a script and tells them just the way he wants it told.

Are you still here? I guess Fox news made up the clip too!!

LOL, it was an ABC new clip to boot. Some posters are too much, You guys have me rolling today.

Is somebody kidding me, these know nothing posters are on fire today.

[shorebaby]

Originally Posted by florida.bob

Yep, average GDP growth of nearly 5% was amusing.

It was more likely due to the burgeoning globalization described in your link (which you didn't understand) than anything any politician did.

[JazzyTallGuy]

Originally Posted by floridasandy

you vote for him and i will cancel your vote at least.

you, of all people, supporting a federal reserve globalist? i am surprised.

you want to know why we are fighting in libya?:

And that brings us back to the puzzle of the Libyan central bank. In an article posted on the Market Oracle, Eric Encina observed:

One seldom mentioned fact by western politicians and media pundits: the Central Bank of Libya is 100% State Owned.... Currently, the Libyan government creates its own money, the Libyan Dinar, through the facilities of its own central bank. Few can argue that Libya is a sovereign nation with its own great resources, able to sustain its own economic destiny. One major problem for globalist banking cartels is that in order to do business with Libya, they must go through the Libyan Central Bank and its national currency, a place where they have absolutely zero dominion or power-broking ability. Hence, taking down the Central Bank of Libya (CBL) may not appear in the speeches of Obama, Cameron and Sarkozy but this is certainly at the top of the globalist agenda for absorbing Libya into its hive of compliant nations.17

Libya not only has oil. According to the IMF, its central bank has nearly 144 tons of gold in its vaults. With that sort of asset base, who needs the BIS [Bank of International Settlements], the IMF and their rules.18


Gaddafi’s recent proposal to introduce a gold dinar for Africa revives the notion of an Islamic gold dinar floated in 2003 by Malaysian Prime Minister Mahathir Mohamad, as well as by some Islamist movements.19 The notion, which contravenes IMF rules and is designed to bypass them, has had trouble getting started. But today the countries stocking more and more gold rather than dollars include not just Libya and Iran, but also China, Russia, and India.20

The Stake of France in Terminating Gaddafi’s African Initiatives

The initiative for the air attacks appears to have come initially from France, with early support from Britain. If Qaddafi were to succeed in creating an African Union backed by Libya’s currency and gold reserves, France, still the predominant economic power in most of its former Central African colonies, would be the chief loser. Indeed, a report from Dennis Kucinich in America has corroborated the claim of Franco Bechis in Italy, transmitted by VoltaireNet in France, that “plans to spark the Benghazi rebellion were initiated by French intelligence services in November 2010.”21

If the idea to attack Libya originated with France, Obama moved swiftly to support French plans to frustrate Gaddafi’s African initiative with his unilateral declaration of a national emergency in order to freeze all of the Bank of Libya’s $30 billion of funds to which America had access. (This was misleadingly reported in the U.S. press as a freeze of the funds of “Colonel Qaddafi, his children and family, and senior members of the Libyan government.”22 But in fact the second section of Obama’s decree explicitly targeted “All property and interests… of the Government of Libya, its agencies, instrumentalities, and controlled entities, and the Central Bank of Libya.”23) While the U.S. has actively used financial weapons in recent years, the $30-billion seizure, “the largest amount ever to be frozen by a U.S. sanctions order,” had one precedent, the arguably illegal and certainly conspiratorial seizure of Iranian assets in 1979 on behalf of the threatened Chase Manhattan Bank.24

The consequences of the $30-billion freeze for Africa, as well as for Libya, have been spelled out by an African observer:

The US$30 billion frozen by Mr Obama belong to the Libyan Central Bank and had been earmarked as the Libyan contribution to three key projects which would add the finishing touches to the African federation – the African Investment Bank in Syrte, Libya, the establishment in 2011 of the African Monetary Fund to be based in Yaounde with a US$42 billion capital fund and the Abuja-based African Central Bank in Nigeria which when it starts printing African money will ring the death knell for the CFA franc through which Paris has been able to maintain its hold on some African countries for the last fifty years. It is easy to understand the French wrath against Gaddafi.

you support a man who has NO interest in what is best for the united states of america itself.

There is NOTHING stopping the rebel Libyans for continuing with Libyan plans to finance the African Monetary Fund once Gadhafi is out of power.

There are also 26 non-African countries involved with fund the African Monetary Fund.

Creating African Monetary Fund to facilitate the integration of African economies

Towards the monetary autonomy in Africa

The ultimate goal of this fund is to launch Africa onto the path of autonomy following the example of the Arab Monetary Fund and the Asian Monetary Fund. The protocol of the AMF is only waiting to be adopted, endorsed by Heads of State and Governments of the AU due to meet next January in Addis Ababa, in Ethiopia, during their regular summit.

Recognized as an essential tool for economic integration, which should launch Africa on the path to the common market and strategically secure the sovereignty of African countries, this fund should begin its operations with an initial capital of 42.68 billion dollars, which correspond to the contributions of different countries and fixed in function with the volume of international reserves, GDP and population size.

A fund financed by South Africa but not only ....

According to the forecast of early contributions, Algeria should give $ 14.8 billion, Libya 9.33 billion, Nigeria 5.35 billion, Egypt 3.43 billion, South Africa 3.4 billion etc… However, the capital of the AMF is open to other world regions. Thus, 26 non-African countries such as China, Japan, the United States, India, the UAE or France are already cited as contributors to this economic system that is considered innovative by many experts. However, even before its entry into force, some states of the AU, especially the largest contributors, already show reservations about their shares compared to others. This suggests that the principle of solidarity, which is the basis of this fund is difficult to adopt for some countries.

[HappyTexan]

Originally Posted by Visvaldis

Calm down! You don't see the rich people complaining, do you? America is for the rich. The rest of us (Republicans and Democrats) are merely here to serve the rich.

And the Libertarians got fed up with both of you and took off for farms, ranches far, far away to live sustainable lifestyles. You can now find them at Farmer Markets on the weekends

[BaronOB]

Originally Posted by shorebaby

Lol, nice try, this train wreck is all Dem. They controlled the legislative and executive branch. They havn't produced a budget in two years, the Republicans have no power. but yeah, it's all their fault.

A typical liberal tactic, if something is going wrong anybody else is guilty, not dems themselves.

[60sfemi]

Originally Posted by shorebaby

Speaking of using your own brain, you should give it a try. I already debunked Memphis, maybe you could do better?

You didn't "debunk" anything. Except in your own head.

[sanrene]

Originally Posted by Kerby W-R

The fact is that the Republicans laid into President Obama about the debt right after he took office. Then they united in lock step to go against ANYTHING he tried to do, even if it hurt the country and its people.
This is what this thread is about.

Let's just deal with the FACTS shall we?

Obama and the dems had a majority in the House and 60 in the Senate. They didn't need or want the GOP for his stimulus, HC, banking bill........they passed all on a party line vote.

NOW you want to blame the GOP because obama's/dems legislation THEY passed has FAILED so miserably?

I think not.

[Kirdik]

Originally Posted by gsoboi78

lets just continue to pollute the environment and go back 30 years.

We haven't been polluting for years. The EPA has forced potentially polluting industries out to China.

[shorebaby]

Originally Posted by 60sfemi

You didn't "debunk" anything. Except in your own head.

LOL pal, crushed it. You should read it, it was pretty good. I see you still can't answer questions on your own, at least your consistent. I would think after that 12 years post you would take some time off.