Russia: Iran no missile threat

[CastleStormer]

Originally Posted by ANDY-J1

American's.... they don't really qualify as a superpower anymore...

But we can still kick Scotland's a$$ any time we want to. We don't have to by the way, because of the incessant whining and total lack of strength of the people I know from Scotland.

Andy pissing and moaning about America....nothing new here. Yawn!

[ANDY-J1]

CastleStormer,
Scotland shaped your country- you owe us a debt of gratitude. Free market economics was the brainchild of a Scotsman and even your navy was founded by a Scot. I'm only pointing out facts which Americans themselves might like to conveniently ignore- when the US blundered into Iraq they lost the right to be the leader of the free world.

[C-Force]

Originally Posted by ANDY-J1

The report was compiled in 2004. Since then there have been massive changes in Europe and the US. Europe has not squandered several hundred billion Dollars in Iraq during that period- no economy can have that amount of money sucked out of it without being fundamentally weakened. American debt is increasing at an unsustainable rate. In 2006 two years after the report was compiled-

"for the first time in American history, the American consumer held more debt than income. Debt per household grew 8 percent, putting total consumer debt at $2.17 trillion."

"Despite attempts by the Bush administration to downplay the importance of America’s compiled debt, evidence shows that America and Americans are on a dangerous path toward economic implosion."

The Badger Herald - American debt threatens security

Europe is developing- the US is deteriorating rapidly and given that I don't regard it as a protestant liberal democracy anymore the sooner it implodes the better. America has betrayed its cultural heritage and they deserve to pay the price for it.

Consumer debt is held at $2.17 trillion. That's $2.17 trillion that the banks are earning interest off. The only thing consumer debt hurts is the consumer. But this is America and we are free to choose to get ourselves into debt or not, there's no one to blame but the individual.

Definately the war is a major financial drain on America, the economy was doing fine before the war and once the war is over we'll have some Democrat come in and raise taxes to pay it all off and it'll be fine again.

You might look forward to the day when America implodes, but remember that if Americans can no longer consume then rest assured the entire world will suffer including the EU.

[ANDY-J1]

Your awareness of debt and the effect it has on a nation's economy is limited. For one thing trillions of American Dollars are in the hands of Asian banks and multinationals- every Dollar earns interest so the American taxpayer is paying vast sums of money to do nothing more than service foreign debt. That's money that isn't being invested in America so in effect it's being wasted. In the short term that isn't a problem but as the debt increases a stage is reached where the amount of money being sucked out of the economy causes instability and the US is at a stage where the level of foreign debt is unsustainable. It isn't in the interests of Asian economists to suddenly start selling Dollars but if they start to find the Dollar a less attractive proposition than the Euro for example they could collapse the US economy overnight. A more likely scenario however is a gradual decline of the US economy as a direct result of excessive foreign debt and a consequent strengthening of other economies at America's expense. In truth I don't revel in the prospect of America's demise but I don't see how it can be avoided or how the blame for that demise won't be levelled at the Bush administration. Did you know that under the much maligned Clinton the US economy had a multi- billion Dollar surplus?

[heade]

First there was subprime lenders eager to loan large sums of money for refinancing the persons home.reverse .etc.Then do Asians own some of these companies? how about Capital one for example.I recently made an agreement with them that was abrogated as they obtained a restraining action to freeze my account which was lifted however with not much fanfare. unusuality and crassness exhibited by this skulking action by a jewish sounding law firm.In essence either by coincidence or tacticul manuever they lied. The poor must REALLY be getting it socked to them .Anyhow all have a nice fireworks holiday depending on what country you reside in.

[C-Force]

Originally Posted by ANDY-J1

Your awareness of debt and the effect it has on a nation's economy is limited. For one thing trillions of American Dollars are in the hands of Asian banks and multinationals- every Dollar earns interest so the American taxpayer is paying vast sums of money to do nothing more than service foreign debt. That's money that isn't being invested in America so in effect it's being wasted. In the short term that isn't a problem but as the debt increases a stage is reached where the amount of money being sucked out of the economy causes instability and the US is at a stage where the level of foreign debt is unsustainable. It isn't in the interests of Asian economists to suddenly start selling Dollars but if they start to find the Dollar a less attractive proposition than the Euro for example they could collapse the US economy overnight. A more likely scenario however is a gradual decline of the US economy as a direct result of excessive foreign debt and a consequent strengthening of other economies at America's expense. In truth I don't revel in the prospect of America's demise but I don't see how it can be avoided or how the blame for that demise won't be levelled at the Bush administration. Did you know that under the much maligned Clinton the US economy had a multi- billion Dollar surplus?

Much of what you say makes sense when you aren't getting all emotional. I'm fully aware of the Clinton budget surplus, it doesn't take a genius to raise taxes, that's the only thing he did, nothing else.

Did you know that the number one campaign issue in 2000 was which candidate would lower those Clinton taxes more effectively?

So they were lowered and now the next twit that comes to office will raise them again.

Rinse and repeat.

[heade]

It doeasn`t take a rocket scientist to realize that iran DOES NOT pose a nuke missile threat at least something they can`t carry around in a satchel as they have many more mundane and down to earth concerns by their people that more importantly has to addressed.