Off-Topic: The End of America as we know it
(Lake Placid Specific)
1 messages
Updated 2/16/2011
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(Lake Placid Specific)
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Name:
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Talullahhound
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Subject:
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The End of America as we know it
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Date:
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3/14/2011 4:27:45 PM
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I'd like to think you are right, but I'm afraid it is not that easy. Frankly, the problems facing this country transcend a particular political party. It's not just a matter of getting the Dems out of the WH. Almost everything that is happening goes back well before Obama -- some of it Reagan, some of it Clinton, some of it Bush, some of it Obama.
I believe I heard the Chinese allude to not using the dollar as the reserve currency, and I can't remember under what circumstances it was. Doesn't mean it is going to happen, but it could. I think we've all known for some time that a good portion of our debt is held by foreign countries and a lot of our currency is held by the Chinese. They did a segment on this (I want to say around 2005) on McNeil Leiher. The point at the time was that the Chinese could bankrupt our country by a massive sell off of the dollar.
You are of course correct about the gas in other countries. It is heavily taxed. Fortunately for them, foreign countries have a much better public transport system than the US. In my mind, however, I don't think that makes everything in the video suspect. Overly dramatic? Perhaps... he's trying to scare people into taking a subscription to his service... but he's right in that it has happened before in other places and we are not exempt.
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