I have serious concerns about whether it's prudent to give any foreign country substantial leverage over the U.S. economy. Instead of spending $80 billion on important programs here at home, we're sending this money overseas just to pay interest on our debt.
quote by Tim Johnson
Submitted by Lucian Velea
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Related quotes
After the $700 billion bailout, the trillion-dollar stimulus, and the massive budget bill with over 9,000 earmarks, many of you implored Washington to please stop spending money we don't have. But, instead of cutting, we saw an unprecedented explosion of government spending and debt, unlike anything we have seen in the history of our country.
quote by Michele Bachmann
Submitted by Lucian Velea
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The Boy and the Teacher
Teacher, teacher, 'why is my gram parent going to have to go to a nursing home? '
'Well', says the teacher in disgust. 'The republicans(Defenders of the rich) won't allow the raise of the government budget ceiling(The Amount Of Money That The Government Can Borrow.) they don't want to raise taxes on the job creators(Corporations..). But they want taxes on the workers and cuts in government funded programs to equal the new budget. The Democrats(The Ones Who Believe Our Country Should Be A Nanny State) . Don't want to make the cuts in certain government programs or raise taxes on the poor and want to raise the budget ceiling without paying for it.'
The little boy says 'That don't sound that complicated. Why don't we just tax everyone across the board, according the money they make and have. And Why don't we make cuts in programs that are not necessary. Oh and while were at it why don't we bring back our military slowly. So were not spending 60 billion dollars month in other countries. Why do we have to police other countries? Or even a better question how can we afford too when our debt is so high? '
The teacher responds back, why don't you write your congressmen, senators, and president letters and ask them.
The little boys says, 'Easy they would never read them.'
The teacher a little annoyed says, 'You got answer for everything. And I thought I was the teacher.'
The little boy chirps, 'your darn tooting'.
poem by Ace Of Black Hearts
Submitted by Poetry Lover
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This debt crisis coming to our country. The wall and tidal wave of debt that is befalling our nation. Medicare and Social Security go bankrupt within ten years, we have a debt that is looming so high that in the last year of President Obama's budget just the interest payments on our debt is $916 billion dollars.
In this financial year we will be spending at least $1.5 billion on foreign aid and we cannot be sure that this money will be properly spent, as corruption and mismanagement in many of the recipient countries are legend.
quote by Pauline Hanson
Submitted by Lucian Velea
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You've got to either say you're going to cut taxes and find some spending cuts. I think we ought to reform long-term entitlement spending in the country, but you can't out of one side of your mouth say, 'Yes, we're for tax cuts, we're for spending discipline, and we're for bringing down the debt.'
quote by Harold Ford
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What our Republican friends are doing, if we look at what they do and not what they say, they have decided that the most important thing in this country is to increase payments for interest on the national debt.
They Let 'em Fail
Iceland refused to take a loan
From Banksters at the IMF
Instead let banks fail,
Kept the debt...
And sent the loan sharks home
ROTMS
Source: Bloomberg
Iceland’s President Olafur R. Grimsson said his country is better off than Ireland thanks to the government’s decision to allow the banks to fail two years ago and because the krona could be devalued.
“The difference is that in Iceland we allowed the banks to fail, ” Grimsson said in an interview with Bloomberg Television’s Mark Barton today. “These were private banks and we didn’t pump money into them in order to keep them going; the state did not shoulder the responsibility of the failed private banks.”
Ireland’s Prime Minister Brian Cowen said this week his government has discussed an 85 billion-euro ($112 billion) bailout with the European Union and International Monetary Fund after the country’s banks threatened to bring the euro member to the brink of bankruptcy. Iceland’s banks, which still owe creditors about $85 billion, were split to create domestic units needed to keep the financial system running, while foreign liabilities remained within the failed lenders.
As a consequence, “Iceland is faring much better than anybody expected, ” Grimsson said. The Icelandic state’s liability on foreign depositor claims stemming from Icesave accounts at failed Landsbanki Islands hf should be put to a national referendum, he said.
“How far can we ask ordinary people - farmers and fishermen and teachers and doctors and nurses - to shoulder the responsibility of failed private banks, ” said Grimsson. “That question, which has been at the core of the Icesave issue, will now be the burning issue in many European countries.”
poem by Ray Lucero
Submitted by Poetry Lover
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Plus, 40% of our debt is owned by foreign interest. I can't support a plan that passes along cost burden to our children and makes us more reliant on foreign dollars.
quote by Steve Israel
Submitted by Lucian Velea
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My submission to you is we're fighting the war on terror not overseas but in our own streets, and we'd be spending vast more fortunes to try to be a defensive country to protect ourselves rather than an offensive country to spread democracy wherever people yearn for it.
quote by Johnny Isakson
Submitted by Lucian Velea
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But some people will say you just did these programs. Well, yes, the programs are important and I'm proud of the programs, but mostly I'm proud of the way the San Francisco Symphony plays these programs.
quote by Michael Tilson Thomas
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FILIPINO OFWs
Filipinos abroad working for their family
While sharing in the growth of the country
Are often called the “makabagong bayani”
With their immense help in the economy.
Even to my own and ever dearest family
You’re family is indeed our own bayani
For the kindness you’ve shared unselfishly
Helped us a lot in the needs of our family.
Life here in our very own land and destiny
Is becoming harder and harder everyday
With the crisis besetting our economy
And poor peace and order in the country.
I do wish that we’ll have the opportunity
To follow you in your foreign destiny
Through our siblings who want someday
To find a greener pasture in other country.
People like you whose God is in their family
And so faithful in the call of the Almighty
To share their love for the poor and needy
Radiate prudent act of greatness and nobility.
Everyday we fervently pray to the Almighty
For your good health, fortune and safety
As we harbor to treasure your great sympathy
And kindness which you gave unselfishly.
poem by Melvin Banggollay
Submitted by Poetry Lover
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I think women as well as men are concerned about jobs and the economy and spending and, and other issues. They're concerned that when their kids graduate from college they have an economy and they have a future in this country and they, they have the same opportunity that we've had and our grandparents have had.
The debt and the deficit is just getting out of control, and the administration is still pumping through billions upon trillions of new spending. That does not grow the economy.
Tax Breaks for the Rich
Jobs have been shipped overseas! Who do you think has shipped them overseas? The worker, the poor, the middleclass? No! The super rich that want to maximize their profits with cheap labor and low environmental standards. They then with lobby dollars and shills in government keep these products manufactured outside the USA coming into the USA with low tariffs in stores like Wallmart etc which undermine more USA manufacturing jobs. These are the rich that this new bill would give tax breaks too. These affluent fat cats get a tax break that not only doesn't invest in the USA economy but rob it! These ultra rich want the USA to borrow money from China while millions are laid off by a false trickle down economic policy that has utterly failed. They want their tax breaks going on our childrens childrens back and tell us they only want to spend money they pay for! LIARS! The congress in the hands of big money needs statesmen that fight for the middle class. Keep yourself informed and realize what these politicians do affect all of us and the world. See through the phony TAX BREAKS for the rich while extending unemployment benefits for the down trodden and giving more tax incentives to the middle class that truly spends its money to survive on a daily basis and stimulate the economy in a real way. Working people are not the ones moving the companies. Joe - resist these evil men and policies
poem by Joseph Narusiewicz
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Money
Money
Money
Money
Important
Useful
Necessary
Money
Money
Money
Wealthy
Middle
Poverty
Money
Money
Money
Save
Give
Spend
Money
Money
Borrow
Lend
Money
Money
Foe
Friend
Money
Money
Master
Slave
Money
Money
Satisfied
Crave
Money
Money
Laugh
Cry
MoneyMoney
Live
Die
Money
Money
Sick
Well
Money
Money
Heaven
Hell
poem by Howard Simon
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Message In A Bottle
Just a castaway
An island lost at sea
Another lonely day
With no one here but me
More loneliness
Than any man could bear
Rescue me before I fall into despair
I'll send an SOS to the world
I'll send an SOS to the world
I hope that someone gets my
i hope that someone gets my
Message in a bottle
message in a bottle
A year has passed since I wrote my note
But I should have known this right from the start
Only hope can keep me together
Love can mend your life
But love can break your heart
I'll send an SOS to the world
I'll send an SOS to the world
I hope that someone gets my
i hope that someone gets my
Message in a bottle
message in a bottle
Walked out this morning
Don't believe what I saw
A hundred billion bottles
Washed up on the shore
Seems I'm not alone at being alone
A hundred billion casatways
Looking for a home
I'll send an SOS to the world
I'll send an SOS to the world
I hope that someone gets my
i hope that someone gets my
Message in a bottle
message in a bottle
Sending out an SOS
Sending out an SOS
Sending out an SOS
Sending out an SOS
Sending out an SOS to the world
song performed by by Sting
Submitted by Lucian Velea
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When we ask American men and women in uniform to fight for this country and to defend this country's interest and then to send them overseas, there is no question we have an obligation to protect them and provide for their safety.
quote by Byron Dorgan
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I think we ought to ban earmarks. I think we ought to give citizens the opportunity to designate up to 10 percent of their federal income tax toward debt reduction. If we did that, we would reduce our debt by $95 billion a year.
quote by Carly Fiorina
Submitted by Lucian Velea
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Inheritance
Testament, government
Bloody money when its lent
Scum reappear everywhere
They want money, ooooh
Heavenly would it be
Does the money belong to me?
I will pray, they will say:
Give your money ooooh
Obligator came and said to me:
Why dont you pay your debt? the debt that you owe me
Asking him for give up his demand
For I am without means despite inheritance
Remittance of the debt I cant accept
He told me and he kept quite tight on his demand
Imaginations came into my brain
cause situations came, that brings me in my grave
Testament, government
Bloody money when its lent
Scum reappear everywhere
They want money, ooooh
song performed by by Scorpions
Submitted by Lucian Velea
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Adjusting American Credit Ratings
17.3
trillion dollars
staggering
US faulting
on debt
flee
higher internet
rates 4 money rejecting
big business spending
cuts
but
American mega
rich are exempt
from all taxes pending
just raise debt ceiling
it's
been raised spending
countless times infesting
poor people's pockets
political leadership whims
sleight
of hand finances
American magic markers
erases 4 trillions
in American gross debt
Copyright © Terence George Craddock
Written in July 2011 on the 5.7.2011.
poem by Terence George Craddock
Submitted by Poetry Lover
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