catgate Posted September 19, 2005 Report Share Posted September 19, 2005 http://news.yahoo.com/s/afp/20050919/ts_al...my_050919063222On the US budget, Clinton warned that the federal deficit may be coming untenable, driven by foreign wars, the post-hurricane recovery programme and tax cuts that benefitted just the richest one percent of the US population, himself included."What Americans need to understand is that ... every single day of the year, our government goes into the market and borrows money from other countries to finance Iraq, Afghanistan, Katrina, and our tax cuts," he said."We have never done this before. Never in the history of our republic have we ever financed a conflict, military conflict, by borrowing money from somewhere else."Clinton added: "We depend on Japan, China, the United Kingdom, Saudi Arabia, and Korea primarily to basically loan us money every day of the year to cover my tax cut and these conflicts and Katrina. I don't think it makes any sense." Quote Link to comment Share on other sites More sharing options...
andsome Posted September 20, 2005 Report Share Posted September 20, 2005 Good for Bill Quote Link to comment Share on other sites More sharing options...
dadyassa Posted September 20, 2005 Report Share Posted September 20, 2005 Rob Peter to pay Paul ;) Quote Link to comment Share on other sites More sharing options...
andsome Posted September 21, 2005 Report Share Posted September 21, 2005 Rob Peter to pay Paul ;)What has Peter done to deserve that? Quote Link to comment Share on other sites More sharing options...
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