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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?


To: American Spirit who wrote (68238)10/11/2005 12:01:40 PM
From: longnshortRead Replies (1) | Respond to of 81568
 
Clinton wasn''t fiscally responsible, it was Newt. Clinton didn't cut shit in his first two years when the dems held both houses. Go spin to the public schooled dumbed down



To: American Spirit who wrote (68238)10/12/2005 10:00:46 AM
From: RarebirdRead Replies (1) | Respond to of 81568
 
>>Bush will leave us with so much new DEBT that it may take a generation or two to pay it off<<

The first possible resolution is that at some point in the future, a large part of the debts now owed by the US to all the rest of the world are dealt with by a massive sequence of sales to foreigners of currently existing US real economic assets. If this happens, the foreigners will be the owners, and the earnings will go to them and not to Americans. The other possible resolution is that the US acts politically and refuses all such sales. This is the way of the bankrupt who refuses to repay his debts at all. This approaching G-20 meeting is either the approach march to this second resolution or it is the real showdown.