Out-of-body experience
not only did i understand an AMFM post, i agreed with significant parts of it.
the last thing the Chinese public needs is full understanding of exactly how badly the US has been mismanaged.
the last decade has provided abundant proof that the only thing worse than a tax-and-spend Democrat,
is a cut-taxes-but-spend-much-more Republican.
a nation is not a credit card, and spending it into the ground has global consequences.
of course, since the US does not own its own money, but borrows it from
a privately owned entity (the Federal Reserve system is arguably the greatest instance of theft in human history, wars included),
they can't really print their way out of the hole, either.
http://www.marketwatch.com/news/story/tragedy-recession-its-bad-ending/story.aspx?guid=%7B5D72D7E3%2D76BB%2D4CAB%2DB4D0%2D60F87DA734B7%7D&dist=TNMostRead
we can only hope that the rest of the world goes along with the happy talk, until we get our house back into some sort of believable order.
please ignore our financial news. really.