Why America Should Declare Bankruptcy Now

Comment #4

rdgrnr — Tue, 29 May 2012 23:21:07 GMT

Over and over and over and over and over and over and over. Just like the "Bush lied, people died" mantra on Air America, over and over and over and over and over. Do you know why Air America was crushed and destroyed by Rush Limbaugh no matter how much money George Soros poured into it? One word - BORING! Just like you.

Comment #3

MADDOG10 — Tue, 29 May 2012 22:35:21 GMT

Actually the root causes of the problem go back to the Clinton administration when sub-prime loans were pushed by government to allow loans to go out to high risk home owners. They did this to make it seem like more black and hispanic people could afford homes. In other words it was feel good legislation that turned around and bit us in the butt.

Comment #2

bobbya — Tue, 29 May 2012 21:34:47 GMT

CONservatives like tax cuts for the rich who have everything and will NOT spend the money. Reagan And Papa Doc Bush in 12 years quadrupled the national debt. Baby Doc Bush spent a 600 billion surplus left him by Clinton and then doubled the national debt in less than 8 years. Austerity measures by Republican Presidents have given America The Great Depression and ALL Recessions following.

Comment #1

rdgrnr — Tue, 29 May 2012 14:41:00 GMT

Well more spending of course

Original Blog Entry: Why America Should Declare Bankruptcy Now

truesee — Tue, 29 May 2012 14:26:18 GMT

http://www.thefiscaltimes.com/Columns/2012/05/22/Why-America-Should-Declare-Bankruptcy-Now.aspx#page1