Obama wants to borrow $100 billion from China to BAILOUT other countries! / myLot

United States

May 14, 2009 2:32pm CST

What in the name of all that is holy is this moron doing? We are in the midst of a financial crisis, we're being told by him and these other morons that we have to bailout banks and car companies that were run into the ground by incompetent management and government involvement, but that's just not enough is it? Now we have to BORROW MONEY, not for us, not to do anything that would "stimulate" our economy, but to bail out other freaking countries. Way to go you moron. Clearly our nation is NOT your priority. Before anyone talks about our "duty" to give charity to these nations, remember, this is the jerk that give 1% of his own personal earnings to charity, but is more than happy to FORCE us to give our money to other countries with no choice in the matter. He is just so much more generous when he's spending other people's money.

1 person likes this

5 responses

Destiny007

@Destiny007 (5805)

• United States

15 May 09

Charity begins at home. Cut taxes and get out of our way. The economy would right itself if the market was allowed to work. The government has no authority to divert tax payer funds to any other country for any reason, and that includes the corrupt and incompetent UN.

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Adoniah

@Adoniah (7513)

• United States

14 May 09

China already owns most of our debt paper. There is nothing to back it up. At anytime they could just walk in and take over. They are angry that our dollar is devalued to such an extent that our paper is worthless. Whey would they lend us the money. There is no potential for us to ever pay it back. The only thing that they would want is our nukes and the fact that then we would never defend Tiawan. We would never attack them. Dumb reason. We could never help them when Russian decided to go for their oil either, which they will someday. Shalom~Adoniah

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china owns us

we owe them too much for them to lend more

lilwonders

@lilwonders456 (8214)

• United States

14 May 09

No we are not his poriority.Our children and their children will hate us for allowing this to happen. Every dime we let them borrow will have to be paid back. With the debt this big in order to pay it off EVERYONE is going to be paying more in taxes. It started with Bush. And the american public let him run us into record debt. And now they are allowing Obama to make the situation even worse. Stop and think. Who is going to pay for this? Because the bill will come due. And when it does it will effect us all and future generations. I don't know what outrages me more....that the government is doing it or that we are allowing them to do it.

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rmorefield

@rmorefield (941)

• United States

14 May 09

What I don't understand is why did they not give the "bailout" money to us consumers instead of the banks and "Big 3"? Wouldn't it have helped a whole lot more for us to be able to pay our mortgages and maybe buy new cars for our families? If that happened, everyone would have benefitted. We keep our houses, we get new cars, the banks get their money, and the car companies have to make more cars. When are these other countries going to stop giving us money? And why in the name of all that is holy is he wanting to bail out other countries? I don't get this man. Let's just do ahead, admit we made a mistake, and kick him out of office. We need to start over....again.

Taskr36

@Taskr36 (13963)

• United States

14 May 09

Because "we" didn't fund his campaign and the campaigns of his cronies. Those banks and car companies were bailed out because they have their hands in the pockets of our politicians. And just because I forgot to post it in my initial statement, here's the link to the story. http://www.foxnews.com/politics/2009/05/13/obama-requests-funds-billion-loan-imf/

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