Uploaded by obamasteinnoaa2012 on May 10, 2010
The fed. gov. whole house of cards may hit a brick wall in 2018 & as soon as 2013 according to Moody's Credit Rating Services. This mean Under the White House (Obama) budget plan, interest on the debt would top 18% of revenue by 2018, triggering a potential downgrade of the U.S. AAA credit rating to AA or lower. The CBO own #s show it will top 20% & higher by 2020.
The fed. gov. is going to have to make drastic cuts in spending & entitlement to avoid this disaster nightmare that the Obama regime is leading the country into. Even that may not be enough to salvage the country from going into a 1930's type depression nightmare. No political party has shown in recent history that they can manage money. If the fed. gov. was a business or corp. the Pres. & congress would have been under indictment for fraud & gross mismanagement. Just like Enron & Bernie Madoff. With congress being the Enron & the Pres. being Bernie Madoff! If Americans do not unite & demand a better gov. we are in for the financial nightmare the likes that no one has ever seen before!
Welcome America & The World - I am ObamaStein. I am not here wanting your money or to take any thing from anyone. I comment and talk about things that I have strong feelings about. If you have a problem with my views, my criticizing Obama or anyone else, if you have a problem with my outfit, mask anything else -that is your damn problem! My "mask" represents the monster that our (Fed. gov.) has become. I am a reg. Indp. voter. So I owe nothing to either party. I am not here to please or support anyone!
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