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Letter: America the country with most debt, not richest

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Posted: Thursday, April 26, 2012 3:51 pm

I keep hearing the liberals, the progressives and the Democrats saying over and over again that America is the richest country in the world. That we should be providing unlimited unemployment (benefits) for years, not months. That we should be providing “Obamacare” to 40 million uninsured lower income families. That we should be providing cheap or free higher education to every single American high school student. That we should be providing jobs for every American. Obama said that if he is re-elected that he will give amnesty to 20 million illegal aliens, 20 million. That we should be providing food aid, business aid, medical aid for every single poor nation in the world. That we should be providing military protection for every corner of the globe. That America should be everything to everybody in the world.

Well, folks, I hate to tell you this, but America is not the richest nation in the world. We are the biggest debtor.

America is in debt to the tune of $15,000,000,000,000.00. That’s $15 trillion dollars we owe ... the operative is “owe.”

We cannot afford all of the programs that Washington, D.C., has promised anymore. Those days are over.

We are borrowing trillions of dollars from our arch-enemy, the Red Chinese Army Pension Plan, if you can believe that. When will the liberals, the progressives and the Democrats realize that there is no more money in the Treasury and that we are going to have to cut back on “spending.” Folks, the party’s over.

Leon Ceniceros

Mesa

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10 comments:

  • truth posted at 4:29 pm on Thu, Apr 26, 2012.

    truth Posts: 802

    First of all its 50 million un-insured. Second they cost the insured $260,000,000,000 a year in additional insurance cost. Third the uninsured will have to pay for their own health care. Do some research before making false statements. Our dept came from two failed wars and the greatest housing failure in history all caused by Republicans and G. W. Bush.

     
  • onerebel posted at 8:19 pm on Thu, Apr 26, 2012.

    onerebel Posts: 422

    Truth, you need to wake up, your dreaming again. American's have given your prince of the handouts close to four years to show us what he's got, and he did. Many are tired of the blame everyone else game. Promises he never intended to keep, and demonizing anyone that dares to oppose him. To try and blame the doubling of the debt over the last three years on Bush is pure insanity. The Liberal experiment is destroying our country. Check out ( If I wanted America to fail ) on youtube and decide for yourselves whether or not this describes the Liberal agenda !!
    www.youtube.com/watch?v=CZ-4gnNz0vc

     
  • Cerulean posted at 10:08 pm on Thu, Apr 26, 2012.

    Cerulean Posts: 1339

    Ya onerebel, many have the same tired opinion of your drivel.

    The facts are that Reagan increased national debt by borrowing money to give the wealthy tax breaks. That cost the US approx. 2.6 trillion. Bush Sr. and Bush Jr. added to the voodoo economic plan with even more tax breaks to the wealthy, even more spending on military expansion to the tune of $7.9 trillion. The interest on that borrowing is the main reason the deficit continues to skyrocket.

    Now Leon is begging us to pay down the debt that the wealthy have banked - literally. And he wants us to go to war with Iran and give wealthy even more tax breaks!
    Is something wrong with that picture?


     
  • deannpoulin posted at 11:25 pm on Thu, Apr 26, 2012.

    deannpoulin Posts: 1

    The unique nature of the web, including multimedia, offer new ways of presenting course material and allowing students to interact with it that can improve student understanding check out ""High Speed Univerisites"" for detailed information on online degree.

     
  • Dale Whiting posted at 6:34 am on Fri, Apr 27, 2012.

    Dale Whiting Posts: 3705

    Guys,

    I've been impressed with Buddy Romer. He seems to understand things pretty well. Our two party system is doomed to failure. Each is so hell bent on fighting the other than cooperation is impossible. Mitch McConnell should be run out of office on a rail. Rather than being a voice for compromise and means to work together on cutting costs, reforming the gastly and unfair tax code, and increasing revenues where justified, all that the parties can do is conduct war on one another.

    Leon, you are a warrior for the Neoconservatives. Not sure who you believe your enemy is. I suggest the enemies of these once proud but vain Americans are the Americans who sharply critize their fellow Americans and down play cooperation. In my book, Buddy Romer is the beginning of a much improved America, one which can forge a new way of leading us forward into the future.

    Most of you commenters find the path to be one of retreat, either towards what we call "right" or "left." You characterize American has having been ruined by liberalism or conservatism, when between the liberals and the conservatives, we have ruined our once united nation. Returning to the principles that brought us these ruins makes no sense. Just as a house divided against itself cannot stand, a nation of politicians divided by senseless partisan strife is doomed to fall. And fall it will!

    Let's all consider seriously Buddy Romer's message!

     
  • onerebel posted at 11:18 pm on Fri, Apr 27, 2012.

    onerebel Posts: 422

    Cerulean, since like a typical elitist Liberal you think whatever the OTHER SIDE side says is "drivel", then perhaps you could explain to all us lower class, why Liberals are against a balanced budget amendment, and could not even come up with a budget in the last 1000 days? Perhaps you could explain the Liberal concept of how apparently more debt is better for our country ? Obama chastised Bush for the debt he occurred, then promised to cut it in half by this election, and went on to double it ! Liberalism 101. Demonize anyone who doesn't agree with you, and then blame them for your failures!!

     
  • fae4now posted at 12:33 am on Sat, Apr 28, 2012.

    fae4now Posts: 192

    One rebel, It really doesn't matter who you care to blame. Where will it get you? And the name calling, just nastiness. Does it somehow make your case stronger? I think not. I do hope you'll agree that we, as a nation, were in a heck of a mess at the time our President took office. We didn't get there overnight and it's going to take a good while to clean it up. Working together might speed things up. Let's try it.

    Dale, I too am intrigued by Romer. He had the backbone to say no to corporate support and Superpacs. It's a start. I'm not sold yet but I'd like to see more.

     
  • Cerulean posted at 7:21 am on Sat, Apr 28, 2012.

    Cerulean Posts: 1339

    onerebel, I see you are promoting a propaganda piece produced by Americans For Limited Government. All that really means is Koch Brothers want to RULE THE WORLD! They will start with a small government dictatorship in the U.S..

    Why didn’t the Republicans pass a compromise deal that would have reduced the debt by $4 trillion over ten years?
    Why don’t the Republicans pass a balanced budget without an amendment?

     
  • onerebel posted at 2:41 pm on Sat, Apr 28, 2012.

    onerebel Posts: 422

    Cerulean, do you always answer questions with another question ? The Koch Brothers do have their dirty little hands on some on the right, and George Soros has his on many on the left. Including Obama,unless he is just a maintenance man at the White House, which would explain why he's been there over 20 times.
    Fae4now, you are right, we are in a mess that did start years ago, and Obama DID inherit it however, he is increasing the debt by promising more free stuff in the hopes those people will vote for him. How can any intelligent person believe we can continue to spend at this rate without disastrous consequences? To be honest I feel the best start would be to fire 90% of the Republican's and Democrat's in Washington. They are looking out for themselves, not us.
    The reason this country continues its drift toward socialism and big nanny government is because too many people vote in the expectation of getting something for nothing, not because they have a concern for what is good for the country.
    Lyn Nofziger

     
  • sockratties posted at 5:46 pm on Sat, Apr 28, 2012.

    sockratties Posts: 959

    Leon – you have named China our “arch enemy” even though we only briefly fought them during the Korean conflict. You must have made up the part about the “Red Chinese Army Pension Plan.” Do they have medicare too?

    As of 2011 China held about 26% of foreign held US Treasury securities and have decreased as a percentage since 2010.Of the $15T we owe, 47% is owed to the central banks of China, Japan, Brazil, Taiwan, Switzerland, Russia, and the United Kingdom. About $2.2T is owed to the Social Security Trust Fund and most of the balance is owed on negotiable domestic investments such as T-bills, notes and bonds.

    Yes, leon, we should reduce our borrowing, spending and unbudgeted, undeclared wars. When you write a letter that is meant to inflame rather than inform you don't help. You remind me of the two men standing in a large puddle of gasoline, each threatening the other with striking a match. Assume some responsibility, leon, you helped get us here!

     

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