Pontificus » Bailout http://pontificus.com Pondering the past, present and future... Sat, 31 Mar 2012 07:04:09 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Viral Video Time — China 2030 http://pontificus.com/2011/08/viral-video-time-china-2030/ http://pontificus.com/2011/08/viral-video-time-china-2030/#comments Sun, 07 Aug 2011 11:25:03 +0000 pontificus http://pontificus.com/?p=526 ]]> We can spend our way out of a recession, right? And the deeper it gets, the more we need to spend, right?1 Check out this video from Citizens Against Government Waste2

China 2030

  1. Sadly, uttered by a Vice President of the United States, Joe Biden, presumably on behalf of his boss, our Dear Leader, the Teleprompter of the United States. ↩
  2. CAGW.ORG ↩

© 2011, Pontificus. All rights reserved.

]]> http://pontificus.com/2011/08/viral-video-time-china-2030/feed/ 0 How does the budget deficit get paid for? http://pontificus.com/2009/11/how-does-the-budget-deficit-get-paid-for/ http://pontificus.com/2009/11/how-does-the-budget-deficit-get-paid-for/#comments Mon, 09 Nov 2009 12:04:54 +0000 pontificus http://pontificus.com/?p=18 ]]> Now that the healthcare act will be dropping some $1,200 billion to $3,400 billion1 to the deficit over the next 10 years, how will we pay for it all?

Borrowing of course. And this is what our presidents are now reduced to doing to keep the money flowing…

Obama bowing to King of Saudi Arabia

April 2, 2009: Obama bowing to King of Saudi Arabia

April 20, 2006: Chinese Flag Flies at the White House

April 20, 2006: Chinese Flag Flies at the White House

It wouldn’t at all be surprising if matters such as Chinese human rights violations will no longer be brought up by American presidents.
Or that American aerospace companies will share key missile technology with China.
Or that Israel will again be on its own to be thrown under the bus in the Middle East.
Or that Iranian nukes will get much less lip time from the White House.

… that’s the cost of bailouts, socialized medicine, and government takeovers of private industries.

  1. House passes healthcare act ↩

© 2009 – 2011, Pontificus. All rights reserved.

]]> http://pontificus.com/2009/11/how-does-the-budget-deficit-get-paid-for/feed/ 0