Archive for 5 Sep 2012

Sorry this is late, but I have server issues with my storage account.
At any rate, I’ll wing it.

Here’s today’s reading list.

…hits $16 trillion.
When are we going to stop the hemorrhaging?

Who do we owe most of that $16 trillion to? Hint: It isn’t China

Ask most folks who holds the lion’s share of America’s $16 trillion debt and they’ll tell you China.

But they would be wrong. The correct answer is Americans. Fully two-thirds of the national debt is owed to United States investors and future retirees, through the Social Security Trust Fund and pension plans for civil service workers and military personnel. China, it turns out, holds less than 8 percent of the money our government has borrowed over the years.

“It is true that China is the largest foreign owner of our debt,” said Josh Gordon, policy director of the Concord Coalition, a Virginia-based nonprofit that advocates getting the nation’s debt under control. “But the vast majority of our debt is held by us.”

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…prefer the free market over the government when it comes to managing the economy.

So why doesn’t the message resonate with the voters?

The Republicans use the left’s terminology.
  The simple word “capitalism” which means free market is scorned by the masses. Well, 37% of the people polled on that word look at it unfavorably. Thanks Karl Marx, you douche bag.

Change the word to free market and you win. Simple.

Anyway, here’s the poll that was conducted in January:

70% Prefer Free Market to Government-Managed Economy

Americans still put a lot more faith in the private sector than in government when it comes to making the economy work.

Seventy percent (70%) of American Adults think a free market economy is better than one managed by the government. A new Rasmussen Reports national telephone survey finds that only 15% believe a government-managed economy is better. Fourteen percent (14%) are undecided.

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…to the government.
At least that’s what the moron Democrats think!

Got news for you morons in the DNC. The government belongs to me. Not the other way around. You idiots in government work for me. Not the other way around.

Take a listen.

 

…before the Dems spin it with their lies and obfuscation.
Check out these marvelous graphs over at Ace. They do the math, so I don’t have to. 🙂

The Obama Discount: GDP On Sale

Lies, damned lies and statistics. You’ll hear a lot of them this week at the Democrat Obama convention.

When it comes to the economy, 42+ months of 8+% unemployment should speak for itself, but the Dems still try to spin it as some sort of victory. When you’ve lost the “fact checkers”, though, maybe you need a new spin.

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