Eisenhower was smart, he saw where the war machine was heading...Course greed comes first.

well that and the fact that the american people don't ever want a war that costs anything in a human toll. So it's spend spend spend so nobody had to bat an eye like they did in Vietnam over the american boys who died for unclear reasons.

So did the S and P fire a warning shot across the bow of the U.S.S Unsubstainable, as she plows through the sea of red ink toward the rocks of bankruptcy ??????:woot::hmmm:

Who cares what the incompetent and corrupt crooks at S&P have to say?

It's not so much about our human toll, the use of iron bombs blasting civilians is a thing of the past, now that we have such media coverage.
For our government to fight limited wars for profit, they have to be careful with the loss of troops so they can continue.

Yeah, cause if they're not, we'll just...

well, we'll tell...

... well...


It's not like the government is all that accountable to the public anymore.

Sorry for the OT but:
Talking of media coverage and bombs, has the coverage of the air strikes on Libya also ceased to exist in the US? Here in Germany you see no footage whatsoever of the planes. All you get is funerals for dead rebels and wounded civilians but nothing from our side. Almost as if Nato had ordered a news blockade. :hmm2:

Wars end...........................Entitlements never do.

The system - because it's designed to do that. Call it for facts or just for psychology - the outcome is the same.

America did not complain about its rating agencies when the spelled doom over other countries. So why now? Because this time one is sitting at the receiving end of the line?

Or the German government has ordered a blockade of the media - to get its own egg-dance out of the public's attention focus.

I've seen very little coverage of Libya lately. Our media has a very short attention span and since there is nothing the Obama administration can take credit for, they have no desire to cover it.

Since when, we've been in wars and conflicts almost non stop for the last 50 years and looks like it's gonna get worse.

S&P received a lot of money to rate junk paper as "AAA" and thus contributed to the financial crisis. S&P executives should have been led out of their offices in handcuffs. They have lost all credibility. Only a fool would place any faith in their analysis of America or any other country.

That's separate from the issue of America's debt crisis. That's real. But S&P are a bunch of criminals and idiots.

Isn't it strange, the same people that created the mess are the same ones saying it's getting better and the same in charge of fixing it.

It's true that China benefits greatly from U.S. as export market and therefore have incentive to keep it going which means buying U.S. bonds. However China as everybody else (at my knowledge) do not have endless cash reserves. Before or later it just simply do not have money to buy bonds.

I believe that China can't accept situation where it's unable to pay to it's soldiers and buy enough 7.62mm rounds for "national security" purposes.

I don't know what will happen when China stops buying. Will American economy simply collapse? Will someone else fund American spending parties?