White House economist says US should be bankrupt

Sources of Oil

When it comes to oil imports, expressed in “per thousand barrels per day” Mexico (1,234) ranked fourth in Dec 2007, behind Canada (1,784), Saudi Arabia (1,675) and Venezuela (1,246), followed by Nigeria (1,210). Source — Energy Information Administration, published March 3, 2008.

As to financing our debt — China is funding us to the tune of approximately $3 Billion per day. Saudi Arabia is holding a lot of our paper as well.

Sources of Oil

When it comes to oil imports, expressed in “per thousand barrels per day” Mexico (1,234) ranked fourth in Dec 2007, behind Canada (1,784), Saudi Arabia (1,675) and Venezuela (1,246), followed by Nigeria (1,210). Source — Energy Information Administration, published March 3, 2008.

As to financing our debt — China is funding us to the tune of approximately $3 Billion per day. Saudi Arabia is holding a lot of our paper as well.

Does it take an economist to tell us this?

No, but people will listen to an economist. We’re 50 trillion in debt. Yeah, we’re broke.
We import most of our oil from Mexico, not Saudi Arabia. However, they do own trillions of our debt.

Christmas is over

The injustices of American Imperialists power with the aim of quanquering the WORLD is now in the HANDS of the Creator. Toothless Dogs better accept the atocities they have committed >> go down their knees and repent. Ask for forgiveness from the Families of thousands of innocent parents who have lost their innocent Kids & family members due to unilateral invasions and then restart again from the grass root level. Green Buck has lost the Luster it carried for years and now is just the crap of tissue not worth using in the washroom. The bottom line is the BUSH ego which has been the artitect of this dismal & unfortunate situation. Majority of kind hearted Americans paid the price they do not deserve. It is time for them to kick their sinner out of the White House before they have to join the Bread Bank LINE.

White House economist says US should be bankrupt

Studdert put his mark in the history for being a no nonsence persion. Does he know what he is talking about.....

AMERICA WILL NOT GO BANKRUPT

SAMMY SUGGESTS: TO BUY GOLD, LAND, AND RAISE HORSES AS A SOUND INVESTMENT AGAINST INFLATION

Sammy
02-27-08, 07:03 AM
Euro tops 1.50 as U.S. dollar dives

It is all speculation from the Wall Street bankers who want to rule the world playing with the lowering and raising of the U.S. Dollar to increase their exchange profits.

Never sell the U.S Dollar short because then you would have to pay more money to re-buy it, good weather and bad weather does not last for ever.

Sammy

Sammy

Just when you think eur/usd is maximum 1.50;it increases 100 points to 1.51.Then you think that is it,it increases to another 100 points to 1.52...perhaps more to come.
USA was not smart to sacrifice its manufacturing industries(Backbone of a country)...now with the rise of China,EU,Russia,I do not know if America can continue to be world No 1 anymore.In addition to this US has to fight “war on terror” and it is vey expensive.May be US should be bankrupt.

So this is the announcement to cut social security checks, with no news, deliver it on a saturday and not tell anyone who receives it. Thanks. The same officials caused greedy manic lunacy and drive a hemi. so for the rest of us that worked to death and still standing can drop bombs religiously in our own righteousness. Bye Bye America.Who wants to know the next bad news...trace me trace the origin of this comment, I know.