Fed's Fisher: U.S. debt situation at tipping point
 

"If we continue down on the path on which the fiscal authorities put us, we will become insolvent. The question is when," Fisher said in a speech at the University of Frankfurt.

http://finance.yahoo.com/news/Feds-F...99246.html?x=0

Nah....we just need one more war to stimulate the economy.

They started that the other day.

Nope... I think the US is pretty much at a point where, become a world government, or become Zimbabwe. Ok, maybe not that drastic, but along those lines.

But haven't they been saying this for decades? Every time the amount goes up from millions to billions and then to trillions.... The sky is always falling.

nah, lord obama said we could borrow our way out of this mess.
and if that doesn't work, he said we can just tax the rich more.
:thumbsup

THis is all bullshit. Just racist Obama haters who can't stand that a black guy is in charge. Here's a fun fact for all the ignorants out there. After WWII the deficit was 30% of GDP. TWICE what it is today. Yet we survived. Hmmmmmmmmmmmm.

in the speech i saw Bill Clinton make last week in SF, he touted mathematics as being a great way to balance the budget. maybe the govt will try that again one day...

It's sure better to have less debt.

Wow. Fatfoo saves the thread and Gatorb says something that is not stupid as hell(the first time ever). What an epic thread.

*I just read your post again gatah.... you make one good point and then fuck it up with your insanity. People dont hate obama because he is black, they hate him because he is a spineless fucking lying weezel used car salesman. Just like people hate you because you are a clueless opinionated moron.

Excellent Read