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"What you see happening in Europe is really going to happen in December [in the U.S.], because in December all of these things come together," Graham said, referring to the expiration of the Bush tax cuts and payroll tax cut, the approach of the debt limit, and the kicking in of automatic cuts mandated by the previous budget deal, which will all coincide with the new year. "If in December, we run for the hills as a nation, what's going on in Europe is coming to our doorstep."
Calling Europe "a controlled experiment" for austerity policies, Rep. Jerry Nadler (D-N.Y.) said, "It's a disaster, and we should learn from it."
Sen. Graham, for his part, acknowledged the need for economic growth. "At the end of the day, austerity and growth have to go together," he said. "But this rebellion, or pushback, against making hard choices in Europe, if it does come to our shores, we're in trouble."
Originally posted by 00nunya00
Damn good reason to order hundreds of millions more rounds of ammo for the DHS than we even have citizens, eh?edit on 16-5-2012 by 00nunya00 because: (no reason given)
Originally posted by TinkerHaus
Austerity, scheduled after the elections in November..
That's what I got from this.
edit on 16-5-2012 by TinkerHaus because: (no reason given)
Originally posted by grey580
Perfect time for the government to use it's power and help out people.
All banks should be required to forgive loan payments or put them on hold if you lose your job.
And I'm sure other policies could be enacted so that people don't go homeless.
Originally posted by grey580
Perfect time for the government to use it's power and help out people.
All banks should be required to forgive loan payments or put them on hold if you lose your job.
And I'm sure other policies could be enacted so that people don't go homeless.
Originally posted by Gwampo
Originally posted by 00nunya00
Damn good reason to order hundreds of millions more rounds of ammo for the DHS than we even have citizens, eh?edit on 16-5-2012 by 00nunya00 because: (no reason given)
why do people keep bringing up this point? do you really think they intend to kill everyone in the US?
We're gun owners. It simply won't happen.edit on 16-5-2012 by Gwampo because: (no reason given)
Originally posted by Kali74
reply to post by 00nunya00
Not so sure the Second Amendment is going to help us anymore other than going out resisting which is something.