Don Washington's Blog Posts Tagged 'Debt' (2)

Can A Possibly Criminal/Incompetent Agency Be Half Right?

Before we get started today America does not have a debt crisis. How can I say that? A country with a debt crisis can’t sell its debt so its bonds go for 20% or 30% or so but ours are going for like 2%. Our debt as a percentage of GDP is about three times less than Japan’s. Japan’s debt sits at 200% of their GDP. So look folks, there is no debt crisis. This austerity meme is out there for ulterior motives that have to do with protecting the wealthy and screwing the ordinary. It should also be… Continue

Added by Don Washington on July 20, 2011 at 12:46pm — 5 Comments

It Took Nixon to Go to China and Obama to Destroy Medicare, Medicaid and Social Security

I try not to lose my mind too often but then I, like you, have been watching the political theater of the blind, leading the stupid at the direction of idiots, around the debt ceiling. It’s times like this when I wish to God that we had a media capable to doing its job the hardest. Because if they were on their game they would tell us the Republicans are in gross dereliction of their sworn Constitutionally mandated duty to abide by the 14th Amendment. You see it says that once we…

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Added by Don Washington on July 15, 2011 at 6:53pm — No Comments

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