Famed Investor Trashes State of the Union Address: Makes You Wonder Whether Obama Is ‘Delusional’ Or ‘Lying’
Noted investor, free market advocate, and author Jim Rogers during an interview with Glenn Beck on Wednesday said that Tuesday’s State of the Union address makes you wonder whether President Barack Obama is “delusional” or just a good liar.
Our “debt is physically impossible to pay off,” Rogers said after Beck asked whether the country has passed the point of no return. “We are the largest debtor nation in the history of the world.”
“If everybody paid 100 percent of their earnings as taxes, we still couldn’t pay it off,” he added.
The famed investor then turned his attention to the president’s statement last night that our economy is getting stronger.
“Mr. Obama said last night that everything is great,” Rogers said, much to Beck’s amusement. He added: “He said that everything is great and that the middle class is on the way back and everything is fine now.”
“I mean, the man is delusional. I was really afraid when I saw that,” he continued on a more serious note. “It’s delusional. It was frightening.”
“I don’t know if he believed it or if he was just lying,” Rogers added.
“I don’t really care at this point,” Beck chimed in, “He’s either the best liar or he is completely delusional. I don’t know which it is, but it doesn’t matter.”
“There’s a whole crowd of good liars out there in Washington,” the famed investor joked.
Rogers and Beck continued, discussing everything from Sen. Rand Paul (R-Ky.)’s State of the Union response to the global decline in the number of people willing to pursue agriculture (i.e. farming) as a profession.
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Featured image courtesy thedailyeconomist.com.
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Comments (216)
AbrahamsSheepdog
Posted on February 13, 2013 at 3:55pmGovernment is the problem. He is in love with it.
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gr8t2bfree
Posted on February 13, 2013 at 3:48pmYou must understand what obama’s fundamental goal is, to make the world a level playing filed where no one country is better than another. To do this, there must be a ruling group always in charge to keep the field level. America must be brought down to 3rd world status for this to happen.This is the marxist utopia he dreams of.
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Jacopone
Posted on February 13, 2013 at 3:43pmThe Obama agenda has become transparent: continue to campaign; don’t agree to anything than attach him to any problem; blame Bush; propose and then deny (sequester); demonize producers as takers; and never publicly appear in discussion with his political opponents. All this works with a compliant media. Demonize Blaze, Fox, Palin, Limbaugh, Levin, Sowell; anyone delivering the conservative message..
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walnutportconservative
Posted on February 13, 2013 at 3:41pmTo focus on America, is to only see part of the picture. The ones who elected this nut, will soon be considered “Rich”, on the grand scale (Global). We are moving to a Global Government. This Nut will get everything he needs to in his second term. Wake up people. I don’t rule out him going after a third term. However, he won’t need it. Read the bible.
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Salamander
Posted on February 13, 2013 at 3:40pmI can’t believe that people haven’t noticed the STINK in Washington!
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MiCurmudgeon
Posted on February 13, 2013 at 3:16pmWhy wonder ?? He is both delusional and a liar !!!
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KP74
Posted on February 13, 2013 at 3:10pmMr. Obama is the real life version of “Joe Isuzu”.
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My Two Cents
Posted on February 13, 2013 at 3:10pmLARRY: “And how many of you are willing to pay higher taxes to help? No one wants to admit the problem belongs to all of you.”
That is a pretty broad brush you are painting with. My household pays just south of six figures every year as a punishment for owning our own business while half of those who file a tax return pay nothing.
There are plenty of hard working business owners just like us who are paying more than their “fair” share and getting nothing in return.
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RinkyDink34
Posted on February 13, 2013 at 3:04pmObama is not Delusional IT is the Manchurian Canadate
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hauschild
Posted on February 13, 2013 at 3:01pmI was just telling my pops that he and so many others are looking at the Marxist wrong. You can’t look at him as if his goals and aspirations are similar to that of a traditional American’s. In fact, they’re 180 degrees different. He is hell-bent on retribution.
You have to keep in mind that this dude is essentially un-Amerian. Wasn’t born in the continental US, don’t believe he stepped foot in the country until college and was reared by commies. He never really had the chance to be patriotic. He’s apathetic to traditional America. If he doesn’t despise it, he at least sees no value in it.
I’m really surprised at how normally intelligent people are so clueless about this dude.
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Fek Man
Posted on February 13, 2013 at 3:00pmFarmers were our Wealth in the begining — it will be our weath in the end. What was old is new.
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huey6367
Posted on February 13, 2013 at 3:00pmI’ll answer that – he’s a liar. A coniving liar. He is embarassing to this country. He hasn’t told the truth about ANYTHING since he has been in office. He lies about his past. Who really wrote those autobiographies of him? Who mentored him as a child/young adult? He is a liar through and through.
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standuppeople
Posted on February 13, 2013 at 2:52pmPsychically?
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Operator61
Posted on February 13, 2013 at 2:50pm@Larry, I guess you didn’t see Rand Paul’s rebuttal, I believe he outlined many solutions.
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BlackCrow
Posted on February 13, 2013 at 2:43pmWhy can’t he be both delusional and a liar? After all he is a Chicago Communist.
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ArmedAndReallyPissed
Posted on February 13, 2013 at 2:41pmFamed Investor Trashes State of the Union Address: Makes You Wonder Whether Obama Is ‘Delusional’ Or ‘Lying’……………………………………………………………………………………………….
The Fuhrer is BOTH. But he also is a Communist with a plan. That plan is to bring Amerika down to it’s knees. He is good at one thing, and that is it. By 2016, he will have it 100% accomplished. There will be a total collapse of the Worlds Economy and the Dollar will be good for wiping ones own Ass. Nothing more.
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DADDYGETZ
Posted on February 13, 2013 at 2:38pmWell Larry .. Let’s look … I have a friend whose wife came down from Canada so she could get an MRI quickly … Obama just gave Egypt 20 F-18 fighters and 200 tanks… Foodstamps have almost DOUBLED in the last 4 years …. I have a brother that used to be a hard worker but after receiving 3 years of unemployment and was cutoff he got a job … it was rough on him because he now doesn’t seem to be able to handle the job being on his feet all day so they gave him another position sitting down and he said that was bothering his back too. The unemployment office told him to get a note that stated his back problems is causing him to not be able to work .. and here is the paperwork to turn in so that he know gets $560.00 a week as disabled and free health insurance. THIS CRAP IS MAKING AMERICANS LAZY !!! This is an extremely huge problem and when everyone see’s others getting everything free , pretty soon nobody will be willing to work. If the US falls apart you Canadians will have NOTHING to protect you as your country is not even close to being prepared to defend themselves. Canada couldn’t even put up a fight against North Korea.
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Hungergamer
Posted on February 13, 2013 at 8:11pmI totally agree with your post. I have been thinking the same thing, it’s like a giant snowball, more and more people are sucking the government teet, and they all have friends that see this, when these teet suckers start getting smart phones , rent, food, ect for free, their friends probably won’t be too far behind, the progressives have now made it so comfortable to not work , there are many that wont . Cloward and Pivens, they are collapsing the system. This snowball will not stop mid-hill so to speak, it’s rolling and picking up speed, this is what I believe, I don’t like it, I just don’t think we can stop it. We will have to wait for it to crash, it will be worse than Great Depression, at least back then , most people had morals and were willing to help neighbors.
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gb123
Posted on February 13, 2013 at 10:02pmCanada couldn’t put a fight up against North Samoa & that doesn’t even exist.
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kunman
Posted on February 13, 2013 at 2:32pmJust curious what those who voted for Obama will say when their 401Ks are valued at zero once Obama collapses the dollar. “We are all equal now” right?
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happ77
Posted on February 13, 2013 at 2:32pmHey larry, how much of our dedt is from protecting your
country and other socialist/democracies around the
globe ?
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seeds12
Posted on February 13, 2013 at 2:27pmActually the R congress has pass several good solutions. But the D Senate to this date has not even VOTED on a budget. Larry why don’t you dispute any of the facts? You talk about name calling and that is all you do. You must be part of the TAKERS that have never worked an honest day in your life or if you do it is a some academic government funded job. On the wars, more people have been killed in Iraq and Afghanistan under the 4 years of Obama that the 8 years of bush. Our problem is we have not had a conservative since Ronald Reagan. All the R’s, that is both Bushes have been BIG GOVERNMENT progressives. The wars are not costing a Trillion dollars a year, that is hand out and government cash transfers i.e. socialism that is the problem.
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Patriot760
Posted on February 13, 2013 at 2:24pmThis is disinformation, come on! Just like the USSR. What did they say about the empty shelves in their supermarkets? “See all our people are being fed so the markets are empty, see how well we’re doing?”
About our stocked market shelves they said, “See, the capitalist pigs? Their people can’t buy food and are starving!”
Obama is a Commie. He knows no other way. His mentor was Davis, Vernon Jarrett mentored Axelrod and Obama’s closest advisor, Valerie Jarret.
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AmericaMustBeFree
Posted on February 13, 2013 at 2:22pmThere not amassing ammo amd MRE’s for a picnic. They all know exactly what is coming..doing those two things should be enough to wake up every American in the US.. but there are just to many dumb people.. who aren’t awake or won’t be awake until it hits them in the head with a 4×4!
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RaydocX
Posted on February 13, 2013 at 2:15pmHe can be both… willing to lie to hide the problems and the things he knows even the sheeple wouldn’t accept, and delusional that if we just stand aside his way will be better for the entire country.
Sadly, i suspect the Pelosis and Reids and Obamas in charge actually believe the lies they are telling.
Say it often enough, ignore the facts that don’t fit your paradigm, and have an inner circle of yes men echoing whatever your handler is demanding, and it CAN’T be whatever policy or program you are pushing that causes the problems…
wanted higher oil and gas prices? that can’t be contributing to higher food prices and decreased tourism.
wanted the payroll tax revenues? that can’t be curtailing retail spending.
wanted a city wide gun free zone? that can’t be contributing to the record homicides in Chicago.
and instead of doing their job and asking questions… if only to ask about the collateral issues and unintended consequences, the ‘smart’ Left are skipping along like fat happy lemmings.
and to fight that? we have policitians who are still more interested in holding their seats than in standing up and fighting. That’s a policy the left is going to love when in two years they claim all the problems were due to Republican intransigence and obstructionism… not to mention what happens if one conservative SCOTUS judge ‘falls ill.’ It’s a good thing we don’t live in the USSR, but sadly it’s seeming more and more like the USSA…
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LBJDIDIT1963
Posted on February 13, 2013 at 2:14pmAnd when is the point where we have had enough of this Dictator? The pied piper and his rats!
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mtsnj
Posted on February 13, 2013 at 2:13pmObama is driving us into a world worse than the great depression. Once people realize printing more worthless money is not fixing the problem but creating a bigger one, it’s going to be too late.
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Mudd
Posted on February 13, 2013 at 4:20pmSo many people have no idea how money works and don’t understand why the government can’t just print up as much as they want. They also don’t understand why the government doesn’t just print it up and send it off in bundles to the people, thinking that will solve all of our problems – no doubt many will blame republicans for this. As it is, the dollar is nothing more than a promise from the government that it has value. A promise from a system which is controlled by habitual liars is worthless.
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SREGN
Posted on February 13, 2013 at 4:47pmMudd – I attended a company-sponsored event at a local state university for employees where we could take a class. The economics professor teaching our class said that the government printing excessive currency has no effect on inflation. I stopped him and asked him to clarify since I thought that maybe he mis-spoke or I misheard. He didn’t, and I didn’t. I challenged him on it and he just continued on unabashed. That kind of imbecile is what is teaching our children. No wonder they graduate not knowing their a$$es from their elbows.
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Mike Benton
Posted on February 13, 2013 at 7:00pmYou have to be an idiot not to sense that this country is coming apart at the seams. The class warfare is going to increase as the economy gets worse. The “poor” are going to come for what they believe has been taken from them by the “rich”. That all means we have to be our own militia and our own first responders.
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poorrichard09
Posted on February 13, 2013 at 7:17pmDelusional or lying?
Why split hairs, I say BOTH!
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lovenfl3
Posted on February 13, 2013 at 7:19pmI would say it’s a combination of the two. He’s a delusional liar. The real lie is the one they’re perpetrating now by saying we don’t have a spending problem. We are $16 trillion in debt thanks to both Bush and Obama, but we don’t have a spending problem. Whatever!
http://www.youtube.com/watch?v=MWXvinHwwoo
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dcatkin
Posted on February 13, 2013 at 7:28pmPeople tell me that I’m nuts, or I’m a racist hwen I say these things. I have known this every sincw Obama took office.
As country we are slowly swirling around the toilet bowl waiting to be sucked down at any time. You don’t have to be Einstein to figure this out.
All of everything that has been done in Washington over the past 20 years has been to undermine this country, so why shouldn’t Obama follow sute.
Obama is of course the worst of all of the idiots that we have had running this country, but most certainly not the only one.
Free Our Country
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SendTheMeteors
Posted on February 13, 2013 at 7:45pmNo, President Obama is not delusional. Let’s look at it. Even if you don’t, economists know why we have a deficit. The budget, at least, was balanced in we voted in a new President in 2000. So that’s a data point. In the year 2000, the US had a balanced budget and was in fact running a surplus.
Maybe you’ve forgotten but the US invaded a country half way across the world in Iraq. Wars cost a lot of money, trillions of dollars in fact. Money the US had to borrow, and continue to borrow for the next nine years. With me on the cost of conducting a war overseas?
Next, for the first time, literally as far as I know, that a government CUT TAXES while conducting a war, one costing us trillions. So that aggravated the debt. Do you see the problem with spending trillions on a war and cutting revenue?
Then, after seven years of the last administration, the economy collapsed. During a deep recession or depression, people don’t have jobs, don’t make money and so on, so people and companies don’t pay income tax. Does everybody understand that? It’s pretty simple really.
The reason we have the debt is wars, economic collapse and tax cuts that – sorry Republicans! – didn’t do anything to help the economy – no “job creation,” no nothing. Just more debt and a redistribution of wealth to the richest.
And do the Republicans want? More tax cuts, more wars or military spending and more of the exact things that got us here. Now that’s delusional.
lawrench
Posted on February 13, 2013 at 8:00pmthe real question that needs to be asked is “Who is manipulating the currency market?”. Russia just purchased 500 Metric tons of Gold, and the Gold prices do not go up because there is less Gold in the market, it goes down, which would indicate a stronger dollar. But how can the dollar be stronger if we have went through three different interations of Quantitative Easing, and our debt is over 16 trillion dollars?
I seriously think there is some serious manipulation of the dollar by this administration. It will soon all come tumbling down to the earth and destroy this country.
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Mojoron
Posted on February 13, 2013 at 8:39pmThere is no question that our debt will never be paid off, in fact, we’ll be paying interest at a level that anyone who has a high credit card debt would identify with. Obama WANT’s the US to go into default. He want’s us to be a third world country. The thing that really bothers me is that there is a very small minority that understands Obama’s methods, everyone else who supports him only support him because he is black and he demonizes the right. The left has no idea, or care how the US will get out of this mess. I believe the only way that the left will understand the potentialities of going bust is to go bust and have anarchy.
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Walkabout
Posted on February 13, 2013 at 8:58pmThe economy took a cr_p because the housing bubble burst. Perhaps you have heard of bubbles in economic terms. The most famous one pr 1st one studied was the tulip bubble.
Perhaps you learned about the tulip bubble on the show “Mankind The Story of All of Us” which aired on Discovery channel. I believe Brokaw & other notable liberals were narrators or gave their esteemed opinions. It is funny how the further we get from 2007/2008 all you want to say is “Bush’s fault”. You do not want to talk about Fannie May/ Freddie Mac, Jaime Gorelick, fraud, subprime loans, moral hazard, the CRA or any such stuff.
November & December of 2007 Beck was warning about the coming stock market crash. Not that he was that economically savvy, but he had advice from economically savvy people & looked at their data & then turned around & warned his audience. What were you doing? Pining for Obama or Hillary in the primaries that were just starting.
Wow, meteors your cr_p gets weaker by the week. ROFL! :)
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rogwl
Posted on February 13, 2013 at 9:11pm@SendTheMeteors… delusional…
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SendTheMeteors
Posted on February 13, 2013 at 9:19pmOh Walkabout, give it up. Okay, I get it, you’re try to blame Barney Frank for the collapse of the US economy. Nothing to do with deregulation and Wall Street? Sure, whatever. And your blaming him on the war in Iraq and Afghanistan. And the Bush tax cuts too? And if it weren’t for Barney Frank, we’d have a surplus? Please. I know the line. You are a fine trooper.
Besides, you’re off topic. We’re talking about the deficit and the causes. I just explained this to you already: two wars, tax cuts at the same time (oops, no jobs from the “job creators”) and after seven years of Bush economic policies, economic collapse.
You’re response: it was Barney Frank’s fault. Sure Walkabout.
Walkabout
Posted on February 13, 2013 at 9:57pmBarney Frank sure had a part to play. We have him on tape saying the Fannie & Freddie were fundamentally sound. Then when the accounting fraud was revealed Barney like very ill in front of the cameras. We have his statements all on tape. He only started blustering again after the fall when a few weeks had gone by & he had not seen anyone coming to take him away in handcuffs. The Wall Street Journal had been asking him since 2005 if Freddie Mac was sound. He kept saying yes. Meatballs the Malignant would have to burn all the copies of the WSJ to erase the story of the subprime mess & Barney’s prominent role in it.
I don’t hear Krugman or that Houseflipping appointee of Obama’s , Elizabeth (high Cheekbones) Warren, praising the CRA any more.
Hypocritical Elizabeth Warren Turned Profit Flipping Foreclosed Houses
http://www.breitbart.com/Big-Government/2012/06/02/Elizabeth-Warren-Flip-That-House
Elizabeth Warren accused of making a fortune from flipping foreclosed homes
http://www.dailymail.co.uk/news/article-2153832/Elizabeth-Warren-accused-making-fortune-flipping-foreclosed-homes.html#ixzz2Kq1rhesr
Instead of the 6 degrees of Kevin Bacon, we could look at 1 degree Jaime Gorerelick & see all the fiascoes she has been involved in. The Gorerelick Wall, Freddie Mac Fraud, etc.
P.S. Tell the truth Meatballs, you really liked that picture of Barney checking into a hotel during the DNC convention.
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Zipit
Posted on February 13, 2013 at 10:19pmActually JULIA/METEORS! Cutting taxes, even while engaged in the two “Wars”, did just what it usually does. Increased the revenue to the federal government!!! It was then, as it is now, overspending by congress along with two wars that created the deficits that plagued the Bush administration! And if you bothered to look, the overspending really hit the turbo’s when Nancy and Harry got ahold of the congress for Bush’s last two years!
And yes! It was the housing bubble that caused the recession! But it wasn’t just Bawney Fwank! You can add Chris Dodd, Andrew Cuomo, Franklin Raines, Janet Reno, Bill Clinton, Fannie and Freddie, and of course Jimmy Carter, and the “Community Reinvestment Act”!
Not hard to figure out! Julia!!!
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Eastinfection
Posted on February 13, 2013 at 10:21pmWALKABOUT… exactly.
METEORS….. spoken like an academic that has to pay someone to give them permission to sweat in their building 3x a week.
I’m a repair/ remodeling contractor. small potatoes. just family & subs. Crushed by the housing bubble. Co. failed. We all lost our 401ks bailing the biz out hoping the storm was temporary….
I’m one of many….
Lot’s of biz’s failed. Nearly all of my ilk did….. it’s just the begining… EPA is fixing to kill us.
http://epa.gov/lead/pubs/rrp-faq.pdf
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TruthTalker
Posted on February 13, 2013 at 11:19pmSend, I missed the part where you explain how Obama (with his genius) has help the situation. Or, due to your depth of knowledge, you explained how it should be fixed.
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GPS-Tech
Posted on February 13, 2013 at 11:27pm@Crater Face
The U.S. government brought in more tax revenue during the Bush years than ever before. I was making so much money in 04 that I had uncashed pay checks piling up on my desk. Bush years were the best ever as far as income goes. Reagan years were the best all around.
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Henchman21
Posted on February 13, 2013 at 11:41pmI am sure that it has already been said but I will repeat it. This is no longer the UNITED STATES OF AMERICA, we have been usurped. It seems that we need to start thinking in terms of when and how we can restore the concept of Liberty. It is not too late, we can restore the Union but, it must be done by way of public discourse.
We can no longer afford to worry that we will run the risk of offending our friend or neighbor. We can no longer afford offending ANYONE in the name of liberty. We have to be bold but, most importantly, educated in the verses of freedom. Why would a friend of freedom argue the results across the history of humanity? If they do, they are an enemy of freedom.
We see the threats in our everyday lives and wonder, “what can I do?”
I say, speak out when you hear nonsense or worse, propaganda. Why can’t we use the freedom of speech to spread Liberty?
It starts with You…
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Anamah
Posted on February 13, 2013 at 11:44pmThis idea is very risky… Do you know what kind of business is to make rural investment and work as a crazy with no free market. Too much regulations, taxes and controlled economical activity I do not see this as a good business at least if you need to live from it… if you could earn from something else… okay, but if not, please think it twice!
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Walkabout
Posted on February 14, 2013 at 10:06amYup, posted too much embarrassing information & backed it up by links.
Send the Meteors skedaddled, bugged out, fled, …
East Infection.
I hear you. They are starting with the PSAs again on lead paint. The EPA has no solution just a continuing crisis. It has been 35 years since the ban. Before that federal ban there was state bans. So in some states it has been even longer. Between condemned house, house fires & what not, how much housing stock could be affected? Do they even have an estimate?
I would think a person like the illustrious Carol Browner would ban anything they could measure. Almost to the point they would ban occupation/ settlement in a uninhabited star system if the EPA found so much as 1 atom of lead.
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hard.right
Posted on February 14, 2013 at 3:32pmSENDTHEMETEORS,
You need a history lesson and a math lesson. Go look at the national debt in 2000. We did NOT have a surplus, we have NEVER had a surplus since after WW2 when we paid off the war debt. It’s a shell game w/ money. They monkeyed around w/ the numbers on entitlement programs to make it look like we were in the black. Fact.
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Junter
Posted on February 14, 2013 at 7:48pmWe give billions of dollars, technology, weapons, and aid to other countries while we are in debt. How does this make any sense?
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iampraying4u
Posted on February 15, 2013 at 11:09amIt could be both
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bonniewheeler
Posted on February 17, 2013 at 8:54pmI wish government would just get out of the way and allow the people to operated without all sorts of limitations on our freedoms. God did not create all of us with equal abilities. Government can only give us equal rights to use our God given abilities. And the Constitution does not give us the right to happiness – Only the right to the “pursuit of’” Some can’t seem to get it so instead of working and trying they run around with their hand out to those who do work and try. It is not fair to rob one individual and give it to another whether done with a gun or through government. The results are the same – Robbery
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