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Monday, August 8, 2011

Our Governmental And Economic Woes Explained

(Note to commenters: another post about our ailing economy directly below this post)

A short videographic allegory (hat tip to Bloviating Zeppelin for the video below the fold):



Must-read essay by Reliapundit about the recent downgrading of the United States credit rating!

Obama and this Democratic Congress have spent money we didn't have and really had no hope of raising. They have wallowed in stimulus and deficit spending, and here's where we are now:

6 comments:

  1. Yes, we owe our soul to Obama apparently now, if we do not stop this train.

    ReplyDelete
  2. How is that possible Bunkerville? If you are paying attention you see that Wall Street is just telling Obummer who's boss.

    You think elections can stop the train? Come on.

    ReplyDelete
  3. Bankers can't put you over a barrel if you don't go in hock to them.

    We did this to ourselves.

    They say you can't cheat an honest man. Well, we are all dishonest, and have been for decades, and we've cheated ourselves.

    Did anybody really think these progressive ponzi schemes would not collapse some day?

    ReplyDelete
  4. We give away money like there is no tomorrow. Foreign aid,the UN, entitlements, corporate welfare, congressional districts for building planes and ships our military doesn't want.

    Well, tomorrow is here.

    ReplyDelete
  5. As much as I would like to laugh at this video, i have a 4-year-old.

    ReplyDelete
  6. This video was the $100,000 prize winner in a competition sposered by Power Line. I've seen a few of the semi-finalist and there was called We¡re Gonna Pay that I thought was better, but this one is very good.

    ReplyDelete

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