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| Re: Boehner walks away, gives up on debt negotiations with Obama (814606) | |||
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Re: Boehner walks away, gives up on debt negotiations with Obama |
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Posted by SelkirkTMO on Sat Jul 23 00:24:57 2011, in response to Re: Boehner walks away, gives up on debt negotiations with Obama, posted by SMAZ on Sat Jul 23 00:18:51 2011. And in the past ONE year, things have gotten far worse than they ever were before. With the current (and reasonably short term future) interest rates, we should have kept the deficit spending going since government was called upon to substitute for both consumer and corporate borrowing. I can see all this republican horseshit being an issue if the interest rates were high ...In the meantime, we're loaning to China at a rate of 0.1% as well as the banks and they're turning around and reselling our treasuries at HOW much? :( That money would be a LOT better spent on rebuilding America for when the economy gets back on its feet. Instead, American taxpayers are paying for HSR in China. We are our own worst enemy. :( |
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