If interest rates went up from today. Say we have interest rates go up to 70% of what Jimmy Carter gave us.
We would go totally bankrupt in 1 year 2 years max , because the interest payments on the debt alone would be more than we could pay . I did not say the debt I said the interest payments on the debt. We do not pay the debt, we pay interest on the debt as part of the annual budget and that is partly why the budget is high. This means we have mucho mucho mucho debt. I said it three times for Harry Reid. Even much less than Jimmy Carter rates and it is impossible to turn anything around. Even if we cut the budget 90% and raised taxes 1000%. Yes my fellow Americans just a few points in interest rates, and we will be owned by the world bank and the united nations.
Pray that OWEbama will do some real, not phoney cuts.
Remember when Jimmy Carter was President and his most important speach was " We have to go to a Service based economy"
Boys and Girls after that speach the Enviro movement was born. You figure it out.
I would like to ask Jimmy Carter. Is the Service based economy working very well ?
I have not found a job yet. Its going to be a tough year to eat and pay property taxes.
Thanks Jimmy and OWEbama
I want my strong United States back, not a New World Enviro.
John McCain if you tell us one more time " My friends, Those jobs are'nt ever coming back"
I 'll tell you to get off your elected ass and make it so companys want to create jobs here.
I never heard a Republican talk like that in my life.
