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Title: China Criticizes Obama's Financial Mis-Management View count: 105 Rating: 3.6666667 (3 ratings) Description: Welcome - I am Obama-Stein! China Criticizes U.S. Financial Management During Obama Visit China's top banking regulator issued a sharp critique of U.S. financial management only hours before President Barack Obama commenced his first visit to the Asian giant, highlighting economic and trade tensions that threaten to overshadow the trip. On a very weak U.S. dollar and low U.S. interest rates had led to "massive speculation" that was inflating asset bubbles around the world. It has created "unavoidable risks for the recovery of the global economy. Some have taken offense at my Obama-Stein mask & more likely they hate my questioning of their almighty leader. Some make stupid statements like "You must be ashamed" or "Ugly". My mask is my persona and my way of stating that Obama, plus congress are a MONSTER and destroying our country. What I am ashamed of is our Gov. leaders and people who follow them blindly. It is not just Obama. It is the "Federal Gov." tax and spending. And it is not just one party. It is both parties. Example: For Oct. 2009, the feds took in from all revenue $135.3 billion. The feds spent - $311.7 BILLION in Oct. That is 176.4 Billion dollar more than they took in. Our deficit for 2009 was 1.42 TRILLION and will go over 1.5 Trillion in 2010. The interest payment (per month) on our national debt is 22 Billion dollars. The 'total' gold reserve held by the U.S. would only pay 13 months of "interest" before we run out of money and be completely bankrupt. I am retired and set for the rest of my life. I do worry about the future for my children and grand children. Their future and others like them looks to be extremely fucking grim! Unless people stand up and say enough of this crap and demand the gov. be responsible with your tax dollars. Tags: asian, giant, china, criticizes, obama's, united, states, america, american, usa, congress, senate, federal, government, financial, massive, speculation, mis-management, corruption, national, debt, tax, dollars, spending, waste, money, laundering, fraud, fraudulent, ashamed, interest, rates, weak, dollar, scam, ponzi, scheme, social, secutiry, medicare, medicaid, welfare, unemployment, us, treasury, department, japan, japanese, korea, wall, street, gm, gmac, bailout, bank, failures, Author: ObamaSteinNo2012 |
