Bet aginst Obama election win,even his sheeple will when gas hit's $4.50 + a gallon

[Shaudius]

You have no clue, your last 2 paragraphs are laughable you are so clueless, go occupy something, like a job maybe for starters. With solyndra the administration was told that it would fail and obama pushed the loans thru anyway, total waste of taxpayer dollars, i could go on and on but you pull up some harvard studies done by more liberals who have their heads as far up their asses as you do. Oil works thats why the repubs support it, bottom line and if we could drill here we would all be better off.

Told by whom? Sounds like Monday morning quarterbacking to me. Are you referring to the August 2009 e-mail that was talking about cash flow problems for a Solyndra subsidiary? Again, we're still just talking about one company that failed out of dozens of loan guarantees.

As far as the study from universities, yep, that's what I thought, when smart people do studies they must be liberal biased, but when one person says the company is gonna fail it must be the truth because hey, it turned out to be true.

If oil works so well why do the oil companies still get subsidies when they are pulling in record profits? Why are we paying oil companies to drill? Why are Republicans so reluctant to stop these subsidies?

Is oil an unlimited resource? Should we not be trying to develop alternative renewable energy sources? Should we just pass the buck onto our children who won't be able to do shit because we've run out of oil and haven't invested in technologies that are sustainable?

[MC PICKS]

Told by whom? Sounds like Monday morning quarterbacking to me. Are you referring to the August 2009 e-mail that was talking about cash flow problems for a Solyndra subsidiary? Again, we're still just talking about one company that failed out of dozens of loan guarantees. As far as the study from universities, yep, that's what I thought, when smart people do studies they must be liberal biased, but when one person says the company is gonna fail it must be the truth because hey, it turned out to be true. If oil works so well why do the oil companies still get subsidies when they are pulling in record profits? Why are we paying oil companies to drill? Why are Republicans so reluctant to stop these subsidies? Is oil an unlimited resource? Should we not be trying to develop alternative renewable energy sources? Should we just pass the buck onto our children who won't be able to do shit because we've run out of oil and haven't invested in technologies that are sustainable?

Done arguing with ya buddy, come back when you know something and can contribute something on your own and not just quote some liberal research studies.

[Shaudius]

Done arguing with ya buddy, come back when you know something and can contribute something on your own and not just quote some liberal research studies.

That's probably for the best since you haven't actually been making sound arguments this whole time.

[ByeShea]

That's probably for the best since you haven't actually been making sound arguments this whole time.

Boldly pledging in '08: I'm gonna halve the deficit

Sheepishly admitting in '12: I grew the deficit from $10 trillion to $16 trillion - but it's not my fault.

http://articles.economictimes.indiatimes.com/2012-02-18/news/31074894_1_president-barack-obama-pledge-quick-recovery

Whoever wins the GOP nomination has @ $1 billion marketing and Obama's horrid record on his side.

When the conversation will inevitably turns, the GOP candidate will win. Obama is that bad.

[Shaudius]

'08: I'm gonna halve the deficit

'12: I grew the deficit from $10 trillion to $16 trillion - but it's not my fault.

http://articles.economictimes.indiat...quick-recovery

I refuse to engage in argumentation with someone who doesn't know the difference between deficit and debt.

[Andy117]

You have no clue, your last 2 paragraphs are laughable you are so clueless, go occupy something, like a job maybe for starters. With solyndra the administration was told that it would fail and obama pushed the loans thru anyway, total waste of taxpayer dollars, i could go on and on but you pull up some harvard studies done by more liberals who have their heads as far up their asses as you do. Oil works thats why the repubs support it, bottom line and if we could drill here we would all be better off.

Oil works today, what about tomorrow?

[MC PICKS]

Oil works today, what about tomorrow?

It worked yesterday too so why wouldnt it keep on working, if it aint broke dont fix it. I never realized we had a bunch of tree hugging environmentalist fukks on this site. How do you guys find time to place bets when your planting trees and saving the ozone layer?

[jw]

http://www.opednews.com/articles/The-Gas-Wars-by-Robert-Reich-120221-844.html

Nothing drives voter sentiment like the price of gas -- now averaging $3.56 a gallon, up 30 cents from the start of the year. It's already hit $4 in some places. The last time gas topped $4 was 2008.

And nothing energizes Republicans like rising energy prices. Last week House Speaker John Boehner told Republicans to take advantage of voters' looming anger over prices at the pump. On Thursday House Republicans passed a bill to expand offshore drilling and force the White House to issue a permit for the Keystone XL pipeline. The tumult prompted the Interior Department to announce on Friday expanded oil exploration in the Arctic.

If prices at the pump continue to rise, expect more gas wars.

In fact, oil prices are rising for three reasons -- none of which has to do with offshore drilling or the XL pipeline.
The first, on the supply side, is Iran's decision to cut in oil exports to Britain and France in retaliation for sanctions put in place by the EU and United States. Iran's threat to do this has been pushing up crude oil prices for weeks.

The second, on the demand side, is rising hopes for a global economic recovery -- which would mean increased oil consumption. The American economy is showing faint signs of a recovery. Europe's debt crisis appears to be easing. Greece's pending bailout deal is calming financial nerves on both sides of the Atlantic, and the Bank of England and European Central Bank are keeping rates low. At the same time, China has decided to boost its money supply to spur growth there.

Neither of these would have much effect were it not for the third reason -- overwhelming bets of hedge funds and other money managers that oil prices will rise on the basis of the first two reasons.

Speculators have pushed crude oil to $105.28 per barrel, up 35 percent since September. Brent crude, Europe's benchmark, is now $120.37 a barrel -- also worrisome because many East Coast refineries use imported oil.

Funny, I don't hear Republicans rail against speculators. Could that have anything to do with the fact that hedge funds and money managers are bankrolling the GOP as never before?

But that's okay. The gas wars may come to a screeching halt before too long, anyway. So many bets are being placed on rising oil prices that the slightest hint the speculators are wrong -- almost any sign of expanding supply or declining demand -- will set off a sharp drop in oil prices similar to the record one-day fall on May 5 of last year.

[jw]

The U.S. is drilling, baby, drilling, yet oil prices are rising

Republican politicians like to take a few key angles on the basic theme of "drill, baby, drill." First off, prices should be rock bottom at all times, because it is the God-given right of Americans to use the maximum possible quantity of fossil fuels, the retail cost of which should therefore not reflect their true costs. Second, the way to keep prices at rock bottom is through the aforementioned "drill, baby, drill" strategy. Third, President Obama is a wild-eyed environmentalist-socialist who is coming between Americans and their God-given right to more oil, and therefore everything is his fault.

That means it would be inconvenient for Republicans to have to acknowledge that:

After declining to levels not seen since the 1940s, U.S. crude production began rising again in 2009. Drilling rigs have rushed into the nation's oil fields, suggesting a surge in domestic crude is on the horizon.
The number of rigs in U.S. oil fields has more than quad*rupled in the past three years to 1,272, according to the Baker Hughes rig count. Including those in natural gas fields, the United States now has more rigs at work than the entire rest of the world.

So ... Obama isn't keeping a stranglehold on domestic oil production in order to appease environmentalists and deny Americans the $10-a-tank gas they deserve? And yet despite the quadrupling of rigs in U.S. oil fields, gas prices are still going up? That sounds like the recipe for this being information that Republican politicians are going to universally ignore, as they've been ignoring it. And meanwhile the alleged promise of drilling keeps us on an unsustainable, harmful path.

[Andy117]

It worked yesterday too so why wouldnt it keep on working, if it aint broke dont fix it. I never realized we had a bunch of tree hugging environmentalist fukks on this site. How do you guys find time to place bets when your planting trees and saving the ozone layer?

It eventually will run out. And if we weren't so dependent on oil we wouldn't give a shit about the Middle East, just we don't really care about most of Africa.

[antifoil]

yeah gas prices aren't high enough. prices only get too high when it hurts demand and has a negative return. people are so dependent on it. i don't understand why it isn't higher.

[mh217]

i would gladly be willing to pay even more for gas IF that meant less traffic!....alas even the high prices dont seem to deter it...also on a side note why are people in shitty cars always in such a rush?..i mean if your car is a piece of shit its a good chance your life is as well so why not relax and take it easy, but it seems they are always in a rush to get to their next failure..

[ByeShea]

And meanwhile the alleged promise of drilling keeps us on an unsustainable, harmful path.

Harmful path?

How about the path of trumping up an 8.3% unemployment rate as proof of an improving economy?

That number does not include 5 million unemployed off the rolls who've stopped claiming/looking for work and the skyrocketing numbers on federal "disability" which now includes stress and mental disorders (and which do not count in this artificial unemployment rate).

Unemployment is a debacle.

The US president is not facing reality - and it's his job to. His achilles heel is that you can't fake a good economy. He can't pretend 2011 wasn't the worst home sales year since records have been kept.

Having Republicans slug it out over God and contraception is a laugh now, but you Obama excuse makers will stop laughing once there's a single opponent who doesn't do anything but point out the obvious.

No where to run or hide as an incumbent. Not four more.

[doylfish]

not if santorum wins rep nomination, ill be voting for obama

This. Well minus the Obama part, I'll vote for whoever isn't Obama or Santorum. If Obama is too far left, or too socialist, then Santorum is way too right. I'm socially liberal and economically conservative so I tend to lean to the right side of independents.

[MC PICKS]

Jesus christ, 21 solyndra execs who bankrupted the company are now getting 375k bonuses a piece from taxpayer doallrs, lawyers from the complany claim this is needed to retain the talent they have there, lol. What talent does it take to bankrupt a company, another outstanding move by the obama administration. Keep thinking that oil isnt the way to go liberals.

[ByeShea]

Jesus christ, 21 solyndra execs who bankrupted the company are now getting 375k bonuses a piece from taxpayer doallrs, lawyers from the complany claim this is needed to retain the talent they have there, lol. What talent does it take to bankrupt a company, another outstanding move by the obama administration. Keep thinking that oil isnt the way to go liberals.

Remember the bus loads of inner city "activists" who hopped on school buses to harass AIG execs?

Don't hold your breath waiting for a repeat performance for the Solyndra execs.

[MC PICKS]

Love how this idiot is on TV right now trying to blame the chinese having 10 million new cars in the last year for the reason gas prices are going up and saying that increasing domestic oil drilling wont help us out, what a bold face fukking lie, i cant believe people are so damn dumb and believe his bullshit. I guess these same people dont rememebr him saying he will give subsidies to brazil for offshore drilling so the american people can be their customer, he is doing his best to destroy america. Nobody is going to buy an electric car that can only go 25 miles before needing to be recharged, hes a fukking fool.

[Thor4140]

Ignorance & apathy plus the MSM is part of his campaign machine

Check this out from yesterday:

President Obama rallied with union workers at a Boeing plant in Washington, but he praised the manufacturing conducted by Boeing in South Carolina, even though his National Labor Relations Board (NLRB) tried to close the South Carolina plant at the behest of the Washington union workers.

Ah yes the liberal media that is owned by corporations. Only in American u can find a bunch of nitwits that think the media is liberal when it is owned by corporations

[Thor4140]

First of all i said two years ago that Obama will be in trouble because gas will be around five dollars a gallon because the Republican party is owned by oil interest and sure enuf here we go again. I can see Obama losing the election because of this. It really is so sad how oil companies, Fix News and nitwit neo-con radio play these simpletons like the puppets they are. I stopped by a school in the South today and was amazed at what i saw. Well maybe the word amazed is a little strong. About at the 105 mark basically sums it up. http://www.youtube.com/watch?v=Q2BfqDUPL1I

[MC PICKS]

How did oil companies, fox news or conservative radio have anything to do with obama pushing green agendas like solyndra and watch it fail even after his own non partisan budget commitee told him it would months earlier and even told him the exact month it would go bankrupt, wake up pal.

[Thor4140]

obama is going to win, rommney is not a strong candidate at all, and santorum is so far out there obama will kick his ass in debates.
it will be an ass kicking i think if santorum is the guy. 40-10 type kick ass.

i am voting for obama right now either way. i might switch my mind on rommney depending on how much he comes back to the middle during the general, but never santorum.

its coming to the point in my mind where, i would rather stand with the people i disagree with then the people that disgust me.

i don't believe this is true and here is why. Gas gets very high and Romney picks a decent name for a VP. If he picks Christie (already these brain wash nitwits think he is the next coming of Reagan because this is all they hear with the corporate media) Christie will give them the votes they need. They know nothing about Christie but for some reason they all love him Remember the big pull these nitwits got with Palin? At least Christie can talk five minutes without lying. So the pull will stay there. Hell these clowns will buy anything as long as Fox News say's it. Don't these afterbirthers still think Obama is Saddam's child?

[MC PICKS]

Ah yes the liberal media that is owned by corporations. Only in American u can find a bunch of nitwits that think the media is liberal when it is owned by corporations

Jeff immelt who owns GE which owns NBC which owns MSNBC is on obamas jobs council, nice job trying to spin it though but when you have facts like i do then its tough to spread bullshit, its the clueless sheep that obama is able to dupe. Obama had a meeting at the white house with all the mainstream networks including media matters to discuss their brainwashing stratedgy for the upcoming months to the election.

[crustyme]

here's brent crashing his taxi while debating between gas or twinkies....

[DirkDiggs]

Obama can cook the books anyway he wants to to make his socialism look good but the gas price has him in a total submission hold he can't get out of and the dumbed down sheeple that voted for Obama won't vote for him when gas goes well beyond $4 a gallon.I can just picture the establishment media on the 4th of July cheerleading for Obama when gas is $4.50 a gallon and rising.What kind of spin will they try on the idiot voters to have them still worship Obama?That there were the fewest 4th of July holiday accidents ever and it was because Obama wished that to be?It's going to be that Obama will stand before the pulpit-podium-telleprompter wishing things to happen because nothing else will work for him.

I'm sorry that you are still crippled about Bachman Turner Overdrive leaving the primary, she was going to bring back $2 a gallon gasoline.

Also, I love that you edited your post for spelling.

Time for a punctuation lesson...

You know how there are spaces between these things, word word?

They just started putting spaces after punctuation marks like . and ?

Don't worry it's another goddamn liberal conspiracy!

[CarpeDime]

I am not sure if this country can survive one more term of Obama, frankly

America was not made to be run by a socialist dictator who is against Christian values

Obama:

- Sent taxes through the roof
- Sent the debt and deficits soaring
- Hugely expanded handouts and the welfare state
- Removed freedoms, both personal freedoms and religious freedoms
- Waged completely unnecessary wars that our boys and Generals should of just said "NO! We WILL NOT do your traiterous bidding!" to
- Tried to impose as much socialism as he possibly could
- Tied the hands of hard-working job creaters as much as he could, with the help of course of nancy pilosi, barney frank, etc etc
- Completely ignored the Constitution whenever it suited his agenda
- Tried to weaken America militarily as much as he could
- Sent gas prices through the roof


And on and on and on, just off the top of my head. I believe that all voting should be open, and that if a liberal socialist scumbag gets elected, then only liberals should have to pay taxes as long as he is in office, and real Americans should not

unreal

Hopefully Newt or Romney or Santorum will give him pure non-stop hell when they are nominated, and we will finally be able to have some kind of a real American as a President again

[DwightShrute]

Jesus christ, 21 solyndra execs who bankrupted the company are now getting 375k bonuses a piece from taxpayer doallrs, lawyers from the complany claim this is needed to retain the talent they have there, lol. What talent does it take to bankrupt a company, another outstanding move by the obama administration. Keep thinking that oil isnt the way to go liberals.

why isn't anyone going to jail?

[DirkDiggs]

America was not made to be run by a socialist dictator who is against Christian values

Obama:

- Sent taxes through the roof
- Sent the debt and deficits soaring
- Hugely expanded handouts and the welfare state
- Removed freedoms, both personal freedoms and religious freedoms
- Waged completely unnecessary wars that our boys and Generals should of just said "NO! We WILL NOT do your traiterous bidding!" to
- Tried to impose as much socialism as he possibly could
- Tied the hands of hard-working job creaters as much as he could, with the help of course of nancy pilosi, barney frank, etc etc
- Completely ignored the Constitution whenever it suited his agenda
- Tried to weaken America militarily as much as he could
- Sent gas prices through the roof

Challenge: Back that up...

[crustyme]

does walker slip an extra $100 in the envelope each time his employees badmouth obama?





obama 2012

[MC PICKS]

why isn't anyone going to jail?

They ought to its just the same as stealing. I don tmind my tax dollars going toward building roads or going to pay for military and other shit we need. And i know the liberals are gonna come back and say "well the wall street guys got bonuses", yeah well that was after the banks paid back the loans with interest, unfortunately that was after this admin had taken office and instead of the money going back to the taxpayer it went toward obamas pet projects like solyndra and other wasteful shit, so like i said its basically stealing.

[MC PICKS]

does walker slip an extra $100 in the envelope each time his employees badmouth obama? obama 2012

Yeah those numbers are about as accurate as saying barry bonds hit 762 home runs on his own ability.

[baskets]

how many of you have a Obama surgeon?

so why would you want a black president?

[CarpeDime]

how many of you have a Obama surgeon?

so why would you want a black president?

I hear you, I mean think about it - you are sick, you need surgery, your life hangs in the balance

you walk into the surgeon's office, and a Obama guy is standing there

what do you do? of course, we all know

so why then do we think President is less important then surgeon?? hello people - its MORE important, you pinheads!

[DwightShrute]

does walker slip an extra $100 in the envelope each time his employees badmouth obama?





obama 2012

55 Interesting Facts About The U.S. Economy In 2012

February 23, 2012

How is the U.S. economy doing in 2012? Unfortunately, it is not doing nearly as well as the mainstream media would have you believe. Yes, things have stabilized for the moment but this bubble of false hope will not last for long. The long-term trends that are ripping our economy and our financial system to shreds continue unabated. When you step back and look at the broader picture, it is hard to deny that we are in really bad shape and that things are rapidly getting worse. Later on in this article you will find a list of interesting facts that show the true state of the U.S. economy. Hopefully many of you will find this list to be a useful tool that you can share with your family and friends. Each day the foundations of our economy crumble a little bit more, and we need to wake up as many Americans as we can to what is really going on while there is still time. We have accumulated way too much debt, we consume far more wealth than we produce, millions of our jobs are being shipped overseas, our big cities are decaying, family budgets are being squeezed more than ever, poverty is rampant and we have raised several generations of Americans that expect the government to fix all of their problems. The U.S. economy is at a crossroads, and the decisions that the American people make in 2012 are going to be incredibly important.
The statistics listed below are presented without much commentary. They pretty much speak for themselves.
After reading this list, it will be hard for anyone to argue that we are on the right track.
The following are 55 interesting facts about the U.S. economy in 2012….
#1 As you read this, there are more than 6 million mortgages in the United States that are overdue.
#2 In January, U.S. home prices were the lowest that they have been in more than a decade.
#3 In Florida right now, some drivers are paying nearly 6 dollars for a gallon of gas.
#4 On average, you could buy about 10 gallons of gas for an hour of work back in the mid-90s. Today, the average hour of work will get you less than 6 gallons of gas.
#5 Sadly, 43 percent of all American families spend more than they earn each year.
#6 According to Gallup, the unemployment rate was at 8.3% in mid-January but rose to 9.0% in mid-February.
#7 The percentage of working age Americans that have jobs is not increasing. The employment to population ratio has stayed very steady (hovering between 58% and 59%) since the beginning of 2010.
#8 If you gathered together all of the workers that are “officially” unemployed in the United States into one nation, they would constitute the 68th largest country in the entire world.
#9 When Barack Obama first took office, the number of “long-term unemployed workers” in the United States was approximately 2.6 million. Today, that number is sitting at 5.6 million.
#10 The average duration of unemployment in the United States is hovering close to an all-time record high.
#11 According to Reuters, approximately 23.7 million American workers are either unemployed or underemployed right now.
#12 There are about 88 million working age Americans that are not employed and that are not looking for employment. That is an all-time record high.
#13 According to CareerBuilder, only 23 percent of American companies plan to hire more employees in 2012.
#14 Back in the year 2000, about 20 percent of all jobs in America were manufacturing jobs. Today, about 5 percent of all jobs in America are manufacturing jobs.
#15 The United States has lost an average of approximately 50,000 manufacturing jobs a month since China joined the World Trade Organization in 2001.
#16 Amazingly, more than 56,000 manufacturing facilities in the United States have been shut down since 2001.
#17 According to author Paul Osterman, about 20 percent of all U.S. adults are currently working jobs that pay poverty-level wages.
#18 During the Obama administration, worker health insurance costs have risen by 23 percent.
#19 An all-time record 49.9 million Americans do not have any health insurance at all at this point, and the percentage of Americans covered by employer-based health plans has fallen for 11 years in a row.
#20 According to the New York Times, approximately 100 million Americans are either living in poverty or in “the fretful zone just above it”.
#21 In the United States today, corporate profits are at an all-time high. The percentage of Americans that are living in “extreme poverty” is also at an all-time high according to the U.S. Census Bureau.
#22 In the United States today, the wealthiest one percent of all Americans have a greater net worth than the bottom 90 percent combined.
#23 The poorest 50 percent of all Americans now collectively own just 2.5% of all the wealth in the United States.
#24 The number of children living in poverty in the state of California has increased by 30 percent since 2007.
#25 According to the National Center for Children in Poverty, 36.4% of all children that live in Philadelphia are living in poverty, 40.1% of all children that live in Atlanta are living in poverty, 52.6% of all children that live in Cleveland are living in poverty and 53.6% of all children that live in Detroit are living in poverty.
#26 Since Barack Obama entered the White House, the number of Americans on food stamps has increased from 32 million to 46 million.
#27 As the economy has slowed down, so has the number of marriages. According to a Pew Research Center analysis, only 51 percent of all Americans that are at least 18 years old are currently married. Back in 1960, 72 percent of all U.S. adults were married.
#28 In 1984, the median net worth of households led by someone 65 or older was 10 times larger than the median net worth of households led by someone 35 or younger. Today, the median net worth of households led by someone 65 or older is 47 times larger than the median net worth of households led by someone 35 or younger.
#29 If you can believe it, 37 percent of all U.S. households that are led by someone under the age of 35 have a net worth of zero or less than zero.
#30 After adjusting for inflation, U.S. college students are borrowing about twice as much money as they did a decade ago.
#31 According to the Student Loan Debt Clock, total student loan debt in the United States will surpass the 1 trillion dollar mark at some point in 2012. If you went out right now and starting spending one dollar every single second, it would take you more than 31,000 years to spend one trillion dollars.
#32 Today, 46% of all Americans carry a CC balance from month to month.
#33 Incredibly, one out of every seven Americans has at least 10 ************.
#34 The average interest rate on a CC that is carrying a balance is now up to 13.10 percent.
#35 Of the U.S. households that do have CC debt, the average amount of CC debt is an astounding $15,799.
#36 Overall, Americans are carrying a grand total of $798 billion in credit card debt. If you were alive when Jesus was born and you spent a million dollars every single day since then, you still would not have spent $798 billion by now.
#37 It may be hard to believe, but the truth is that consumer debt in America has increased by a whopping 1700% since 1971.
#38 At this point, about 70 percent of all auto purchases in the United States involve an auto loan.
#39 In the United States today, 45 percent of all auto loans are made to subprime borrowers.
#40 Mortgage debt as a percentage of GDP has more than tripled since 1955.
#41 According to a recent study conducted by the BlackRock Investment Institute, the ratio of household debt to personal income in the United States is now 154 percent.
#42 To get the same purchasing power that you got out of $20.00 back in 1970 you would have to have more than $116 today.
#43 When Barack Obama first took office, an ounce of gold was going for about $850. Today an ounce of gold costs more than $1700 an ounce.
#44 The number of Americans that are not paying federal incomes taxes is at an all-time high.
#45 A staggering 48.5% of all Americans live in a household that receives some form of government benefits. Back in 1983, that number was below 30 percent.
#46 The amount of money that the federal government gives directly to Americans has increased by 32 percent since Barack Obama entered the White House.
#47 During 2012, the U.S. government must roll over nearly 3 trillion dollars of old debt.
#48 The U.S. debt to GDP ratio has now reached 101 percent.
#49 At the moment, the U.S. national debt is sitting at a grand total of $15,419,800,222,325.15.
#50 The U.S. national debt is now more than 22 times larger than it was when Jimmy Carter became president.
#51 During the Obama administration, the U.S. government has accumulated more debt than it did from the time that George Washington took office to the time that Bill Clinton took office.
#52 If the federal government began right at this moment to repay the U.S. national debt at a rate of one dollar per second, it would take over 440,000 years to pay off the national debt.
#53 If Bill Gates gave every single penny of his fortune to the U.S. government, it would only cover the U.S. budget deficit for about 15 days.
#54 Right now, the U.S. national debt is increasing by about 150 million dollars every single hour.
#55 Spending by the federal government accounted for about 2 percent of GDP back in 1800. It accounted for 23.8 percent in 2011, and according to former U.S. Comptroller General David M. Walker, it will account for 36.8 percent of GDP by 2040.
Bad news, eh?
But it isn’t just our economy that is decaying.
We are witnessing a tremendous amount of social decay as well. As I wrote about the other day, America is rapidly decomposing right in front of our eyes.
When the water level of a river drops far enough, it will reveal rocks that have been hidden from view for a very long time. Well, a similar thing is happening in America right now. For decades, our debt-fueled prosperity has masked a lot of the social decay that has been going on.
But now that our prosperity is evaporating, a lot of frightening stuff is being revealed.
Unfortunately, another major financial crisis is rapidly approaching and economic conditions in the United States are going to get a lot worse.
So what is our country going to look like when that happens?
That is a very good question.

[CarpeDime]

They ought to its just the same as stealing. I don tmind my tax dollars going toward building roads or going to pay for military and other shit we need. And i know the liberals are gonna come back and say "well the wall street guys got bonuses", yeah well that was after the banks paid back the loans with interest, unfortunately that was after this admin had taken office and instead of the money going back to the taxpayer it went toward obamas pet projects like solyndra and other wasteful shit, so like i said its basically stealing.

well thats liberal socialism 101. oh you are a lazy moron hippy who believes in golbal warming and you failed? Oh cool, here's some money!

oh you are a hard working banker who creates jobs and creates the economy? oh lets raise your taxes and use propraganda to make people think your evil!

unREAL!! The banks gave obama money and he was like "look what i got!" and instead of oh i dont know maybe REDUCING THE DEBT with it he gave it to his friends!

[MC PICKS]

He said in his speech today that they are working on being able to use algae as a source of clean energy, hes already getting buried on some of the retarded shit he said today.