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Name: |
water_watcher
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Subject: |
More signs the US is in TROUBLE
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Date:
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3/16/2011 5:02:28 PM
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The deficits that Obama has run up ... putting forth a budget that did nothing to correct the addiction to spending that he and the dems created, has put the country in severe danger.
I posted "The end of america as we know it" ... and as the author pointed out, people will deny it ... but also pointed to the signs that will take place.
Now Geithner is calling for significant budget cuts. He talks about the concerns of foreign governments ... it seems this is a last ditch effort to get the dems in congress on board with dramatic cuts that are needed to save the US Dollar as the reserve currency.
The question is if Obama is on board and will sign it. We need leadership from Obama and Obama care needs to be killed NOW !!! That would send a clear sign we are serious about bringing deficits down and we will not fund another entitlement program that will further add to the deficit.
If action like this is not taken ... the US dollar as the reserve currency is gone ... and we are in serious, very serious trouble.
http://www.reuters.com/article/2011/03/16/us-usa-treasury-geithner-idUSTRE72F7M920110316?feedType=RSS&feedName=businessNews&rpc=76
URL: Geithner calls for significant budget cuts
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