"They've all been in on the swindle."

[katty]

“(The USA ) is not the same nation...,” proclaims Bill Bonner (1) “or the same empire...we used to know. It owes more money to more people and is less able to pay...Neither Democrats nor Republicans, neither liberals nor conservatives will admit it. They've all been in on the swindle. Fed budgets and budget deficits are a bi-partisan flim-flam. Together, the two parties have connived to add more to...public debt in the two Bush administrations than in all the administrations and all the Congresses that came before them put together...Much of this debt can be traced to the never-ending war in Iraq. It has already gone on longer than America's participation in World War I. And now two professors, one from Harvard and the other from MIT, put the cost at...as much as $2 trillion, or about $20,000 per homeland family.” (Other calculations put the cost at $27,000 per family and rising rapidly.)

Bill Bonner is the author, with Addison Wiggin, of Financial Reckoning Day: Surviving the Soft Depression of The 21st Century and Empire of Debt: The Rise Of An Epic Financial Crisis.


http://www.lewrockwell.com/bonner/bonner-arch.html

[Mika]

1. USA USA USA USA USA USA USA USA USA USA USA USA !!!111!!!

USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA

[AntiFascist]

2. and when civil war begins to break in Iraq....

guess who may be called upon to utlize their military bases to help restore the peace?

On Edit: Crap, I just heard Pretzledent Bullshit's sound bite on the issue

[Serial Mom]

3. and who will get contracts to re-build?

Like we all couldn't have called this!

[AntiFascist]

5. Halliburton, who conveniently also has...

an offshore subsidiary located in IRAN!

[AndyTiedye]

4. To Say Both Parties Are Equally Culpable Is To Ignore…

…the quarter-trillion-dollar SURPLUS during the Clinton administration.

That's SURPLUS, not DEFICIT.

[BeFree]

6. Good point Andy

It's only been since both houses and the white house were puked over that the deficit has ballooned. Can't blame the Dems, they had shrunk the deficit small enough to where by now we coulda drowned it in a bathtub!

The elections were stolen. 2000 & 2004. We should still have a Dem president!