Tuesday, February 7, 2012

If there is no change to our entitlement programs, we will become a Socialist country.

NCRenegade
Verbatim Post

February 7, 2012 Senate Hearing - Ben Bernanke

  1. We are not too far behind Greece.
  2. Our spending is out of control.
  3. It is up to Congress to figure out the right role of government in regards to the economy.
  4. The cost of government is leading us to Socialism and Communism.
  5. If there is no change to our entitlement programs, we will become a Socialist country.
  6. We have no presidential leadership with president Obama.
  7. Uncertainty in the government is impacting the economy.

The only surprise is that they are both clear in the direction our country is headed.

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4 comments:

  1. AnonymousFebruary 7, 2012 at 9:02 PM

    It is up to Congress to figure out the right role of government in regards to the economy.

    Oh yeah.

    We're screwed.

    AP

    ReplyDelete
  2. Brock TownsendFebruary 7, 2012 at 9:06 PM

    Damn if that ain't the truth!:)

    ReplyDelete
  3. Stainless BannersFebruary 9, 2012 at 7:13 PM

    I hope they are not just now comming to this conclusion. It has been obvious for quite a while.

    ReplyDelete
  4. Brock TownsendFebruary 9, 2012 at 7:22 PM

    Oblivious on purpose.

    ReplyDelete

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