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Jim Quinn says it perfectly.

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  • Mon, Dec 21, 2009 - 03:20am

    #1
    Davos

    Davos

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    Jim Quinn says it perfectly.

I really like the way Jim put this (as he can be as blunt as I am and tosses the M word around where the shoe fits). I think he is correct.

Only Japan, Zimbabwe, and Lebanon have a higher public debt as a percentage of GDP than the U.S.’s 141%. When you add all of the debt and unfunded future liabilities, it equals 840% of GDP. The game is over when you need to issue new debt to pay off old debt. We are much closer to collapse than anyone realizes. As I watched the mostly liberal talking heads today on the morning talk shows their knowledge of financial issues is on the level of a 3rd grader. These morons scoff at deficits and adding trillion dollar healthcare plans. At this crucial time in U.S. history, we are being led by a bunch of socialists who have absolutely no concern about our financial death march. I can’t think of a worse scenario for our country.

  • Mon, Dec 21, 2009 - 03:21am

    #2
    Peak Prosperity Admin

    Peak Prosperity Admin

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    Re: Jim Quinn says it perfectly.

Here is the link by the way

  • Tue, Dec 22, 2009 - 02:09pm

    #3
    Peak Prosperity Admin

    Peak Prosperity Admin

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    Re: wonder what’ll happen when…

… the “Health care” bill passes? It absolutely amazes me what idiots are capable of believing.

someone said, “Lucidity is a uniquely individual accomplishment”

 

robie

husband,father,farmer,optometrist

  • Wed, Dec 23, 2009 - 05:16am

    #4
    Peak Prosperity Admin

    Peak Prosperity Admin

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    Re: wonder what’ll happen when…

[quote=robie robinson]

… the “Health care” bill passes? It absolutely amazes me what idiots are capable of believing.

someone said, “Lucidity is a uniquely individual accomplishment”

 

robie

husband,father,farmer,optometrist

[/quote]Isn’t that true! Hope your farm is okay, we had 32″ on the mountain to your west.

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