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  1. Standard member sasquatch672
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    08 Dec '12 14:51
    Christine Lagarde, no lover of conservatism, says the US had better act.

    http://dawn.com/2012/12/08/lagarde-says-fiscal-cliff-threatens-us-supremacy/

    WASHINGTON: International Monetary Fund chief Christine Lagarde said on Friday the looming “fiscal cliff” in the United States threatens the country’s international supremacy and the fragile global recovery.
    In an interview with BBC World News, Lagarde noted the US fiscal cliff, a combination of severe tax increases and spending cuts due in January, would probably wipe out growth in the world’s largest economy.
    “The real issues are, in a way, the supremacy of the United States and its leadership role in the world,” said the managing director of the IMF. “To make sure that that leadership endures, the uncertainty has to be removed because uncertainty fuels doubt as to that leadership.”
    With the deadline fast approaching, President Barack Obama and congressional Republicans remain at loggerheads in talks to find a longer-term deficit reduction plan that would avert the cliff.
    “It’s not purely a political issue, it’s not ideological, it’s broader than that. It really addresses the role of the United States in the world from a geopolitical and economic point of view,” said Lagarde, according to extracts of the broadcast interview.
  2. 08 Dec '12 17:24 / 3 edits
    Originally posted by sasquatch672
    Christine Lagarde, no lover of conservatism, says the US had better act.

    http://dawn.com/2012/12/08/lagarde-says-fiscal-cliff-threatens-us-supremacy/

    WASHINGTON: International Monetary Fund chief Christine Lagarde said on Friday the looming “fiscal cliff” in the United States threatens the country’s international supremacy and the fragile global r ...[text shortened]... cal and economic point of view,” said Lagarde, according to extracts of the broadcast interview.
    If you want people to look at your thread and then respond to it, don't entitle it, "No title". Spice it up with something like, "Is Obama gay?.

    As for the fiscal cliff, this is a man made crisis, so expect only one thing to happen. In the immortal words of Herbert Hoover, "Every collectivist revolution rides on the Trojan horse of "emergency". It was the tactic of Hitler, and Mussolini. In the collectivist sweep over a dozen minor countries of Europe, it was the cry of men striving to get on horseback. And "emergency" became the justification of the subsequent steps. This technique of creating emergency is the greatest achievement that demagoguery attains."

    Make no mistake, all you hear from either side is demagoguery. In the end, they will create an emergency in order to effect change that we would otherwise find painful, causing us to throw them out of office. I just can't wait to see what it is.
  3. 12 Dec '12 20:27
    Originally posted by whodey
    If you want people to look at your thread and then respond to it, don't entitle it, "No title". Spice it up with something like, "Is Obama gay?.

    As for the fiscal cliff, this is a man made crisis, so expect only one thing to happen. In the immortal words of Herbert Hoover, "Every collectivist revolution rides on the Trojan horse of "emergency". It was t ...[text shortened]... ainful, causing us to throw them out of office. I just can't wait to see what it is.
    Create a crisis. Wait for public reaction. Provide the solution. That has been the tactic for grabbing power forever. Nobody gets it though and remains effective.