Did U Think The Ponzi Scheme Would Last?

California's Default Is Certain

I agree with lots of this:
- Indeed, it is Reagan who has sewn the seeds of the U.S.'s inevitable march toward national default.
YES!! Reagan was deified during the elections as if he was the end all be all but he was just another kick the can down the road president who took us deeper into debt with no intention of every paying it off.

- Obama is a liar
YES and so was bush and Clinton and all the Keynesian print and spent or borrow and spend presidents before him.

ALL OF THEM racked up debt in order to stay in power. The GOPs had one set of palms to grease to stay in power and the Dems had another but they were just 2 sides of the same coin. The recent elections proved that an intelligent statesman with a clear economic understand, heavy moral values, and strong constitutional ties STANDS NO CHANCE against the freewheeling Unified Keynesian Socialist Party. McCain would have done the same thing as Obama. They both work for the financial elite, not the American people.

RON PAUL was the only intelligent choice but there are not enough intelligent Americans to vote him in. This is what happens when you turn a Republic into a Democracy. Every freeloader gets a vote and they always vote more for themselves with the clear knowledge that it will have to come from someone else's pocket. At the same time, its hard to make a living in a minimum wage world. Its the age old class war. Elite think that the common man should be his willing slave and common man thinks the elite owe him a living.