I feel sorry for the americans

For the first time in my life, I feel sorry for the Americans. Before I used to be angry (and a little jealous, wont deny that) at them but now seeing where their country is headed I just feel sad for them.

Their Congress just upped the ceiling debt (meaning that they can borrow MORE money to the bazillion dollars they owe and will have to pay at some point) while living in one of the worst economic climates in their history.

Meanwhile, 2012 is coming up and they will have to decide between Obama, who is fucking retarded, spineless and fucked up the country with his "stimulus package", or Rick Perry, a gun-nut, Jesus loving Senator from Texas that doesn't believe in "that silly Evolution theory filled with gaps".

Feels bad man, I know that everybody will go down with America once their mistakes finally catch up to them but at least we wont be as fucked.

Just by the sound, I believe Op is europeon.

Hang on tho. Most peoples assume the stimulus package did very lil when it really did do a lot. (If you haven't noticed, I am an American). There was two options, inflate the economy with more money or hope the value of the dollar would raise due to taxes collecting more money in as businesses diminished. We chose inflate the economy. Which ment, add more money to it to increase to flow of money to its citizens.

 Without banks, investments in this country would practically come to a hault.The banks made a huge mistake in allowing unqualified people to take out massive loans for homes when they were very under qualified. Let's say a guy named john took out a $700,000 loan for his home. Two years goes by and he only has $80,000 paid off, the recession hits, he loses his job, his house, and now the bank is out $620,000+. The banks lost money like this on a huge scale. Without them the lost money now comes up to the governments end to save $200,000 per citizen in any fdma bank. This would end in huge problems as well as a nice addition in the unemployment percentage.

As for the car companies, they were needed too. General motors employs over 400,000 employees. If suddenly 400,000 employes lose their job that affects everyone. The banks lose money, utility companies lose customers, any labor businesses will lose customers, etc. Btw, if you know anything about economics im refering to trickle down economics. I think the title is self explanatory.

Also, about Obama. I didn't vote for him. I didn't vote for either candidate. But if Obama isn't reelected, we will face the death of this countrys structure. 2nd term presidents cause the most change to our country. Simply because they can't be reelected. Take a look at history. But either way, I don't disagree with you on him, just that he needs a reelection.

Im glad your so interested in our country tho, well in a kind of positive manner. In my opinion, I will stand by something Obama said recently. It went something like "Any country in the world would give anything to be in the position The United States of America is in."

I say this simply because of what OP pointed out earlier. The massive debt isn't so much of a problem as it looks. The United States is the worlds largest importer. Which means we are the worlds largest consumer. If we fall, the world will do. Each country is invested in the rest of the world. When our stock market falls, the rest of the world feels the reaction. If we fell apart and did not import what we do today, the producers of those products will be severity impacted. Job losses will occurs. And the money shortage will transfer through the world. One massive recession. So even though we continue to borrow money, we do it in a manner that doesn't over inflate any country. In my thought, its an effective way to keep a stable economy regardless. If for example China really found another buyer for its products, they would have done it. Why sell your ice cream to the kid who's only gonna pay you half price if you could get someone else to buy it? Except no one can exactly replace our spot. We aren't even close to being the best at what we do, but we try.

The rest of the world has a debt too. Not like ours but its there. The government ia just a body to regulate an even larger body. Don't be so concerned with money. Just worry about your countrys people being happy. When you have that, money isn't a issue.