American Time Bomb

edao

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America is quite happy for markets to focus on European countries as they have their own crisis to worry about, one that would put Europe in the shade.

This video will explain more.
 
Nice video. I'm not sure how much Americans are happy about Europe being focused on. We live in a world connected together economically. I think most Americans realize that we are in the same debt boat as Europe. But, yes, much like Europe, we certainly have big debt problems here too! There are now protests over run away government spending. We call them tea parties.

What has happened is for years politicians have been buying votes with government spending. Now we are broke because of it. Hopfully with the coming election this Nov. some politicians that have fiscal sanity will be elected.

One new politician that many are talking about is the state of NJ's governor Chris Christie. He is a rare politician. He is blunt and to the point, his state is broke and action is needed to rein in costs.

Here is a well known video of him taking on the powerful teacher unions.

http://dougpowers.com/2010/05/26/chris-christie-takes-teacher-to-school/
 
America was trying under Dubya Bush to play European countries against each other. Some European countries seem to be bought by American lobbyists.
Great Britain, France, The Netherlands, Spain, Italy.

Relatives of politicians in these areas have a major role in American companies.
Or are working for the CIA. Or American firms bought European media to control the press.

The French newspaper Le Figaro (conservative) was owned by Carlyle, the firm owned by the Bush dynasty.
Le Figaro was sold again when pro American candidate Sarkozy became president of France.
A clear case of American interference in French politics!
 
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