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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (437175)	7/25/2011 2:52:03 PM
From: Brian Sullivan	5 Recommendations Read Replies (1) \| Respond to of 793983

Democrats say a six-month increase in the government's $14.29 trillion debt ceiling will introduce too much uncertainty into financial markets and they insist on a deal that would raise the cap by $2.4 trillion immediately, which would carry the government through the end of 2012. Our current debt limit accumulated over the past 200 years is 14.26 trillion, but the amount that we need to raise this just to get past the 2012 election is 2.4 trillion or 16.8%.

To: LindyBill who wrote (437175)	7/30/2011 12:40:40 PM
From: steve harris	2 Recommendations Read Replies (1) \| Respond to of 793983

Anyone looked up what a banana republic is lately? Dead on... en.wikipedia.org A banana republic is a commercial enterprise for profit by collusion between the State and favoured monopolies, whereby the profits derived from private exploitation of public lands is private property, and the debts incurred are public responsibility. Such an imbalanced economy reduces the national currency to devalued paper-money, hence, the country is ineligible for international development credit and remains limited by the uneven economic development of town and country. Kleptocracy, government by thieves, features influential government employees exploiting their posts for personal gain (embezzlement, fraud, bribery, etc.), with the resultant deficit repaid by the native working people who “earn money”, rather than “make money”. Because of foreign (corporate) manipulation, the government is unaccountable to its nation, the country’s private sector–public sector corruption operates the banana republic, thus, the national legislature usually are for sale, and function mostly as ceremonial government.