Toots
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Sat Aug-20-05 07:33 AM
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In the last year the Federal reserve has raised interest rates eight times |
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How has that effected our National Debt and Deficit? We hear absolutely nothing from the MSM about it but think about it. Before those interest rate increases we were spending more on interest on our debt than we were for all social programs combined except Social Security and Medicare. Those rates are going to really start jumping soon and then what? Our Debt expense will become the majority of our budget and the people will pay more in taxes for much less service but the rich fat cat Republican bankers will get richer and richer. Ain't Amerika Great????
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ComerPerro
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Sat Aug-20-05 07:36 AM
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1. Even more reason to support the "Fair" Tax |
Hubert Flottz
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Sat Aug-20-05 07:36 AM
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2. Bush was Re-selected in 2004 so, THEY DON'T CARE... |
Kolesar
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Sat Aug-20-05 07:41 AM
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3. &my idiot brother took out a second mortgage on my mother's house |
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People who have overspent on credit cards and other debt are going to get hammered as interest charges multiply. Real estate prices are going up, driving up rent. Say hello to the new homeless.
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DU
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Fri Apr 19th 2024, 03:21 AM
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