Now you know why Mr. Bush's administration was diverting you with talk of 'wars OF terror'......
WASHINGTON, Sept 27 (Reuters) - With the U.S. government fast approaching its current $8.965 trillion credit limit, the Senate on Thursday gave final congressional approval of an $850 billion increase in U.S. borrowing authority.
The Senate voted 53-42 to raise the debt ceiling to $9.815 trillion, the fifth increase in the U.S. credit limit since President George W. Bush took office in January 2001. The U.S. House of Representatives approved the higher debt limit earlier this year as part of the overall budget resolution and the legislation now goes to Bush for his signature.
"We have no choice but to approve it. If we fail to raise the debt ceiling soon, the U.S. Treasury will default for the first time in its history," said Senate Finance Committee Chairman Max Baucus.
U.S. debt stood at about $5.6 trillion at the start of Bush's presidency.
2007-09-28
09:49:07
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21 answers
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asked by
Dream Realized
2
in
Politics & Government
➔ Politics
I am very happy to read the FISCAL CONSERVATIVES below.... Thank you once again for demonstrating your hypocrisy.
2007-09-28
10:13:45 ·
update #1
The Conservative - One must wonder in this day and age what it is they actually "conserve" It is not money nor is it oil or anything else I can discern - Yet they call themselves "Conservatives" giving one the impresion that they are people who conserve stuff or at least somthing in particular - If you find out what it is these people do conserve let me know - I am interested
The question is as it stands what lauguage are you (the Amerian populas) afraid of more - They are more afraid of the Arabic - no contest.
The Chinese have their money the Chinese own large tracks of American debt and dollars etc
But -
The American people labour under the assumption that China is a backwards land and has no real worth either today or tommorow
Yes yes China has a huge population - Madrin may be the way of the future - but no it is those Allah worshipping killers that are of greatest concern
The dollar is falling the economy is close to being in ruins - the Chinese stand at the door increaseingly they are impatient waiting or the outstanding interest
But no - as if a patient in a psche ward concerned with imagined demons the US wants more war - War it can not afford -No conservation of money or resource here -
They are afraid of a 6' plus boogey man trained by the CIA - they are afraid of a man that appears on tapes - here and there -
Not the Chinese - no they are a backward land no threat to the US
Nuclear missles - well over a billion person army - the majority of US currency and so on ------ No no China is a backwards land - no need to worry about them
The Arabs that is a different story -
2007-09-28 11:06:36
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answer #1
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answered by Anonymous
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Hmm, remember that, at the end of the day, it's your own choice, but I'll give you some of my advice... If you're thinking of learning a language for a career, you really need to know what career you're thinking of! A career in big business would undoubtedly benefit from fluency in Chinese which, despite having a reputation for being fiendishly difficult, will pay off big-time. In contrast, Arabic is essential if you happen to find yourself working there in the future. Although you should think wisely about this, the US government (hopefully!) has learnt its lessons about influencing the Middle East in warfare and it's probable that President Obama will ease the grip on the Arab world set out by Bush. In my opinion, learning Chinese will have a more durable use in the long-term future. Also, it is a myth that Spanish is similar to Arabic; the Arabs once came to Andalucía, but the Spanish language of today and modern Arabic are unrelated. You are obviously a skilled linguist, but I wouldn't encourage you to rush into doing as many languages as you possibly can. It will be much wiser and more profitable to take your time with German (a really hard language in itself!) and consider whether it is worth learning a new language when the appropriate time comes. I say this especially because I am assuming you are a student as you have talked about future career prospects (I apologise if this is an over-drawn assumption!) Hope I've helped in answering your question and good luck with whatever you end up doing. Y Feliz Navidad! lol
2016-04-06 05:43:01
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answer #2
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answered by Anonymous
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Look you dork. You have no clue what these number mean. It's not the total amount of debt that matters it's the percentage of GDP that matters. We never have to worry about paying this horrible debt back anyways because the country never dies, it lives forever, so we can have a loan out forever, geeezzzz. Next time try not to skip economics.
On the other hand Bush has helped spend too much money. What have the democrats done to curb spending? Yep not even one thing. So how is this all Bush's fault? Can you honestly ask yourself these questions or just spit the party line like the tool you most likely are?
2007-09-28 10:07:27
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answer #3
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answered by Anonymous
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You are one clever son of a gun. With this one article from Reuters New Service, easily not the most reliable news agency in the whole wide world, you have figured out George Bush and his 'wars OF terror.'
The US national debt began when our country began, more than 250 years ago. It is a symbolic number used by politicians to mislead people.
In fact, the Democrats have approved raising the national debt ceiling themselves, the last time being in March, 2007
See the attached link.
Nice try.
However, I personally fear Russian. One night, while sleeping not soundly, this big Russian...
2007-09-28 10:04:57
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answer #4
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answered by Anonymous
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I read about a 4 billion dollar put option for the month of September that only paid off if the market crashed in a manner similar to the 20's.
The article suggested that only a 9/11 type attack or a China demand for repayment of loans made to the federal government or dumping their U.S.currency could cause that type of market crash in that short of a time period.
Even if the story of the 4 billion dollar put option turned out to be falset, the potential is there in part because of our governments huge debt.Only idiots would give any outside government that power over your own economy.
I say vote them all out and never ever vote for an incumbent again. We the people don't need the congress to pass term limit legislation......we just need to stand together and do it ourselves.
2007-09-28 17:09:22
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answer #5
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answered by Guardian 3
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This is really scary stuff. From 5.6 trillion to 9 trillion in 6 years?
Can you imagine what US credit looks like if we default?
2007-09-28 09:58:18
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answer #6
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answered by Middleclassandnotquiet 6
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Spanish. Conservatives fear spanish.
2007-09-28 10:00:08
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answer #7
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answered by buffytou 6
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Ebonics
2007-09-28 09:54:00
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answer #8
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answered by Anonymous
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Nobody really fears a /language/.
But, if I had to pick one that symbolizes the greatest current threat to America, it'd probably have to be Spanish.
2007-09-28 09:56:28
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answer #9
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answered by B.Kevorkian 7
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I fear our own citizens trying to enslave us in government monopolies and steal our freedoms. This is a far larger threat than any outside threat. If America falls, it will fall from within.
2007-09-28 09:53:52
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answer #10
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answered by Aegis of Freedom 7
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