My 2 cents....

Trench

Turn it up
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Mar 8, 2008
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When has it ever been the case in US history that our country was so vulnerable?
The Panic of 1893, the Crash in '29 and the malaise and runaway inflation of the late 70's and early 80's to name just a few. A weak economy is always vulnerable.
 

StevieD

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Jun 18, 2002
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Stevie...I figured I would have to dumb it down for you....the problem is lack of leadership.

Both parties contribute to it, vote for the third party candidate and support term limits. Third party addresses the presidency...term limits will clean up Congress.

If Congressmen are not so concerned with being a lifer, they will make tougher, better decisions.

JT the problem with the situation today is that anytime they want to China can call in their debts and the US will just about be screwed. No wars, no bombs, no warning...the economy will crash.

Term limits would mean we would be voting in a bunch of one issue congressman only interested in getting something passed to benefit their business interest.

As for a third party......I'm looking.....I don't see one.
 

ssd

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Aug 2, 2000
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For those who say China can not/ will not dump it's US Treasury holdings....

http://www.zerohedge.com/news/russia-dumps-treasurys-14-consecutive-months-china-slashes-holdings-lowest-over-year

Nice recent article on both RUSSIA and CHINA.

Hmmmm.

Japan, the UK and the US FED have been picking up the slack.


As for China needing the US......the Eurozone is a bigger net trading partner with China than the US is.

China is also looking to expand and grow it's own domestic customer base.....ie, at that point, they no longer will need the US consumer.

Term limits are needed.
 
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