In a Fox news story along with another one, i read that Obama was considering the tort reform when it comes to medical malpractice lawsuits...then in this story, It reads that he's not??? Am I misreading the stories??
Ya, but don't you know that according to these guys, global warming sets off a cooling trend, so no matter what it does, they win....well they win the minds of people who don't think for themselves.
It's my understanding that the chinese are still buying our debt, because we (obama administration) is increasing the payout for buying our debt to make it more attractive for them. Eventually the cost of selling debt (borrowing money) will get so high that we won't be able to do it. Again, this is the understanding of a "layperson". Who buy the way knows how to live w/in his means.... unlike the government.
This is exactly his plan and there were those of us that saw this coming beforfe he even got elected!
Also, if our debt load is so unsustainable (which it is) then why are we "loaning" money to the IMF(100 Billion dollars) and giving money to nations that hate us!!??
so B arrack Obama's budgets over the next 10 years is going to add 7+ trillion dollars to our debt (increasing it by 70%) by the white house's own estimates and he now realizes that this is unsustainable!!!?? He forcing us to borrow money from China by the trillions over the next few years and he now comes down against it?? Is he going to quite borrowing money from China now that he "realizes" this fact!!?? I don't think so. He could very easily fix this situation by just not borrowing any more money, unfortunately it's my belief that he has forced the US to borrow a trillion dollars from china in just 100 days so that he can then justify soaring taxes on everyone!!
No they won't....the UAW now owns a large portion of GM stock...I forget the exact amount, but it's either 50 % or 35%, either way the UAW now has a lot of their people on GM's board. Now that they will benefit from making the company profitable, they will do what ever it takes including moving the company oversea's.
The thing about what you said is that most of the American population won't have any idea that they are driving foreign made cars...They will think that "of course it's made in America....it's a Chevy...." I contend that a lot of the population has no idea what's going on because they either refuse or are too busy to pay attention to any of this!
So...let me get this right....it's ok for Democrat lawmakers (who know the law inside and out...because they help write it) to evade paying taxes, and when they get caught, they get the chance to pay back taxes without penalties....but it's not ok for businesses to get out of paying american income taxes on foreign profits????
If Obama really cared about American businesses, he would make the US a tax haven, rather than closing "loopholes!" Fair Tax...end the income tax bs