Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (84329)	5/20/2010 3:18:28 PM
From: JakeStraw	3 Recommendations of 224748

Liberal Washington is Killing Us The big-government, big-debt Obama/Pelosi/Reid agenda is killing us! If you want to know what national bankruptcy looks like, turn east, to Europe. Or west, to California. Or south, to Mexico. The Euro has been unceremoniously DUMPED, dropping in value more than 20% in the past 6 months. Interest rates have soared. And the market has run into a wall—the inflated money-supply induced rally that started last March is over. The big gamble the socialist Europeans took is this: By spending their way out of debt, they bet they could jump-start the economy before inflation killed it. This is precisely the same bet that California took. And it is precisely the same bet that Obama, Pelosi and the rest of liberal Washington has taken. The jig is up in the Europe: Greece, Portugal, Spain…debt is out of control, and bankruptcy is right around the corner. It raises the question of DEFAULT—and total chaos in European society. Could it happen here? It already is happening here. And not just in the great Banana Republic of California: 47 states face the same crisis.

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