If Obama can run us into a $20 trillion debt and tell us it isn't a
problem, why not everyone else? The new American way is to get other people to
pay your way through life!
The debt problems is in the southern and western states where prolific foreign
occuaption has been a threat to the economy for the last 30 years. I would think
that by now the local governments should have had enough time to make some
comparison analysis about the down fall of being occupied by illegal foreign
nationals who have entitled themselves to the spoils of war and victory and to
loot the areas of all its, jobs, possessions, and government funds.While the victors are siphoning the economy of jobs, taxes, and riches the
americans have had to fight illegal aliens for job, welfare, eduction, and all
entitlements for citizens. With poverty jobs and income and forced to use debt
as subsidized income that is now the risk nationally to the US economy and
banks, wall street, and federal reserve. As it nears its point of implosion more
serious than the banking loans that had property as assets personal debt
bankrupting banks and financial institutions with further destruction of the US
and world economy. It might even force WalMart and China into collapse.
70% can't pay their bills.
What happens when the debt collectors knock on the doors of the Federal
government?Do we the people, lose our properties?
if you don't want to pay, don't borrowthe old adage has a
lot of truth - "them what understands interest earn it, them what don't