Now before you make a fool of yourself, watch "The history of money" on youtube.
This system was out into place centuries ago, there no way to stop it unless we go back to precious metals,trade and barter.
Which is predicted.
I hope you are starting to save your metals. The system is failing.
Its you that buys a new car on a loan, its you that buys a house on a loan, its you that puts you money in a bank account,its you that saves money in a bank account.
These are the things that made this situation.
I applaud Mr. Obama for trying to overhual the ratio 9:1.
But as we see its to late to undo what our ancestors did. we are in to deep.
Answer by SabrinaMBowen at 12:37 PM on Jun. 11, 2010
Answer by LeanneC at 12:39 PM on Jun. 11, 2010
Answer by itsmesteph11 at 12:47 PM on Jun. 11, 2010
Answer by IraqiVetWife at 12:52 PM on Jun. 11, 2010
True, it goes back a lot longer than Obama. I think Obama became somewhat of a scapegoat for the entire nation's troubles. However, back in '02, talk began about how there was going to be no social security in future years because of the nation's debt responsibility. Medicare was having issues and many, many others. People are just totally ignorant to the true ways. They want someone to blame other than themselves. I blame it on ignorance. Uneducated people thinking they know what's going on, when they truly have no idea.
Answer by Anonymous at 12:53 PM on Jun. 11, 2010
Answer by IraqiVetWife at 12:54 PM on Jun. 11, 2010
Answer by IraqiVetWife at 12:57 PM on Jun. 11, 2010
It's borrowed from the federal reserve.... still doesn't mean that the financial crisis CAUSED our huge national debt. It's the actions that were taken by our legislators during the crisis that caused the debt. Again, legislators that *included* Obama, both before and after his election to the presidency.
Answer by LeanneC at 1:25 PM on Jun. 11, 2010
Answer by Anonymous at 1:29 PM on Jun. 11, 2010
Answer by IraqiVetWife at 1:57 PM on Jun. 11, 2010
Next question overall
Anyone get divorced and then remarried...to the same man?