Hi Peter,
Looking at the deal that they have hammered out over the weekend is a brave new adventure into the future. It really takes a lot of courage to plead with the "Users of America" to forgo the loss of 100 billion dollars per year for the next ten years while asking for another couple of trillion dollars of credit limit over this coming year. Meanwhile this comes while our productivity is grinding to a serious halt. Another portion referred to as a trigger would kick in if a 12 member comity cannot find another trillion in cuts by December which would allow them to raise taxes or cut defense spending up to 50%. At present following our campaign to throw our traditional allies under the bus, election of a Muslim to our highest office and his world tours to destabilize every third world country ruled by tin horn dictators to further his own agenda. WHAT THE HELL IS THIS? He even wanted to become a blood brother with Achmed-Bin-I-Am-A-Nut in Iran. He was basically told to go screw himself. HUH?
So the world is in peace and harmony now. Egypt, Syria, Iran, Libya, Darfur, Lebanon, North Korea and others have had a change of heart and are no longer a Threat to themselves or world peace. REALLY? Yes mission accomplished MR. ACHMED- OBAMA!
So back to the cuts. The military has already been worn down by more than 50% in numbers of ships, airplanes, tanks and personnel. In addition due to over use much of our military equipment is 3 to 5 decades old. This doesn't look to be a wise move. It might be a better idea to give China our Nuclear missile stockpile knowing they won't take out all of their Wal-marts. And who knows they may take out Russia in a mutual exchange thus making Achmed-Obama happy.
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