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	<title>Political Civility &#187; greek debt crisis</title>
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	<description>Exploring the lines between meaningful debate and noise.</description>
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		<title>Just Say NO to ObamaCare &#8211; US Credit at risk</title>
		<link>http://politicalcivility.com/blog/2010/03/20/just-say-no-to-obamacare-us-credit-at-risk/</link>
		<comments>http://politicalcivility.com/blog/2010/03/20/just-say-no-to-obamacare-us-credit-at-risk/#comments</comments>
		<pubDate>Sat, 20 Mar 2010 18:14:19 +0000</pubDate>
		<dc:creator>jfpilmer</dc:creator>
				<category><![CDATA[Health Care]]></category>
		<category><![CDATA[Limited Gov't]]></category>
		<category><![CDATA[caw]]></category>
		<category><![CDATA[citizens against waste]]></category>
		<category><![CDATA[congress]]></category>
		<category><![CDATA[conservative]]></category>
		<category><![CDATA[greek debt crisis]]></category>
		<category><![CDATA[junto]]></category>
		<category><![CDATA[national debt]]></category>
		<category><![CDATA[national healthcare]]></category>
		<category><![CDATA[obama]]></category>
		<category><![CDATA[obamacare]]></category>
		<category><![CDATA[universal healthcare]]></category>

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		<description><![CDATA[A trillion dollars in new debt in the first year of the Obama administration. Breathtaking! Now, the CBO estimates the liberal spendthrifts are ready to borrow another trillion, give a take a few billion, to fund Nationalized Healthcare. This is BAD, BAD news for our economic health in the long run--to the extreme. <a href="http://politicalcivility.com/blog/2010/03/20/just-say-no-to-obamacare-us-credit-at-risk/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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<p><em>By John F. Pilmer</em></p>
<p><em> </em>The &#8220;law of the farm&#8221;, &#8220;reap what you sow&#8221;, &#8220;what goes around, comes around&#8221;&#8211;whatever you want to call it, the ripple effects of a tsunami of greed, corruption, toxic debt and governmental mismanagement are starting to show up in very painful ways.  In the U.S., we &#8220;ain&#8217;t seen nothin&#8217; yet&#8221; as we brace for the long term consequences of short-term feel-good spending by Congress.</p>
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<p>A trillion dollars in new debt in the first year of the Obama administration. Breathtaking! Now, the CBO estimates the liberal spendthrifts are ready to borrow another trillion, give a take a few billion, to fund Nationalized Healthcare. This is BAD, BAD news for our economic health in the long run&#8211;to the extreme.</p>
<p>Consider the little country of Greece, in the middle of their own debt crisis. Their relatively small economy is having negative effects on world markets.</p>
<p>Oil Plunges on Greek debt News: <strong><a href="http://www.wibw.com/nationalnews/headlines/88636672.html">story</a></strong></p>
<p>US Stock Market down on news of Greek debt problems: Hong Kong <a href="http://www.businessweek.com/ap/financialnews/D9E3AIO86.htm"><strong>story</strong></a>; Canada <a href="http://www.oilweek.com/news.asp?ID=27381"><strong>story</strong></a>; US <a href="http://blogs.wsj.com/marketbeat/2010/03/19/greece-concerns-surface-in-currency-markets/"><strong>story</strong></a></p>
<p>Now, what if that were the U.S. debt crisis, instead of Greece. What would be the effect&#8211;a tidal wave compared to the ripple caused by Greece!</p>
<p>China, our 2nd largest creditor (Japan just reclaimed #1 spot),  is concerned about the United States ability to pay it&#8217;s debt (<a href="http://curiouscapitalist.blogs.time.com/2010/02/26/will-china-dump-u-s-debt/"><strong>story</strong></a>).  The world is questioning us for the first time in history because we are spending like teenagers!</p>
<p>Printing money we don&#8217;t have to create another iefficient government run program (ObamaCare) will surely draw fire from our country creditors.</p>
<p>Watch my healthcare survivor story:</p>
<p><strong><a href="http://www.youtube.com/watch?v=fKl_vRdaC2s">Healthcare Survivor Story</a></strong></p>
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