A world of financial freeloaders - Democratic Underground

salib

(1000+ posts) Send PM | Profile | Ignore

Thu Jan-22-09 12:57 PM
Original message

A world of financial freeloaders

This one lays it out in very simple terms (from Asia Times Online):

http://www.atimes.com/atimes/Global_Economy/KA22Dj01.html

The latest budget deficit horrors don't even take into account hundreds of billions of dollars in "supplemental appropriations" that the US Congress authorizes and which in the past 12 months amounted to more than an incredible US$1.4 trillion of additional public debt. We are so, so doomed!!!

Printer Friendly | Permalink | | Top

dixiegrrrrl

(1000+ posts) Send PM | Profile | Ignore

Thu Jan-22-09 01:37 PM
Response to Original message

1. Look on the bright side....

When the dollar crashes, all the debts will be worthless.

:crazy:

Printer Friendly | Permalink | | Top

tech3149

(1000+ posts) Send PM | Profile | Ignore

Thu Jan-22-09 02:09 PM
Response to Original message

2. Nobody says it like Mogambu Guru

At least I can laugh while tearing my hair out.

Printer Friendly | Permalink | | Top

DU AdBot (1000+ posts)

Fri Dec 27th 2024, 02:32 PM
Response to Original message

Advertisements [?]

Top

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.