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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: ChinuSFO who wrote (99149)	8/7/2011 7:36:37 PM
From: tejek	Respond to of 149317

The US debt is a class in itself. It is not analogous to household debt. Exactly. That's why US debt can be at 62% of GDP and no credit agency will say a word. The US has all kinds of resources and assets that no household could ever match. What household owns Yellowstone Park or Yosemite or huge oil reserves or millions of acres of trees in federal reserves? Neither does it share the same level of concern as the European debt. It is only our select citizens who are in the minority that are concerned. Concerned that t hey will lose their wealth and hence have embarked on protecting the rich for if they succeed in protecting the rich which is a level higher than theirs, can they be assured of protecting theirs. Its the only way they can fight Obama and hold onto their tax cuts. They will do everything in their power to muddy the waters and confuse Americans. Its why I have stopped posting to Rs until they get honest. Trying to interact with a liar will get one no where.