#over-spending

Uday Kotak cautions against over-spending to protect the lives of present generation

Mumbai: Billionaire banker Uday Kotak has cautioned against over-spending to protect the lives of the present generation. Kotak in his annual message to staff said that all are borrowing from the future generations which also includes government spending. “We must also be clear that we are all borrowing from the future generations,” Kotak said in his note to employees. “This encompasses both…

Today’s Report: “Living Wide Awake” Speaking Truthfully 4-12-16

Whatever unresolved conflict you’re dealing with today is easily managed with speaking truthfully, being consistent, and taking responsibility. Opposing Energies: Moody, over-spending, extravagance There’s a departure from the norm (financially). Spending time in thought investigating all money ventures before taking action may open your opportunities, away from past restrictions. Wide Awake Words

Here’s some completely depressing news. CNBC is reporting that President Obama is putting American taxpayers on the chopping block to bail out Greece’s corrupt politicians.

But, to show he doesn’t discriminate, he also encouraged the German Chancellor to rape her nation’s taxpayers for the same purpose.

President Barack Obama on Tuesday…pledged U.S. support to help tackle the country’s debt crisis. …After a meeting with German Chancellor Angela Merkel, he stressed the importance of German “leadership” on the issue – a hint that he expects Berlin to help – while expressing sympathy for the political difficulties European Union countries face in helping a struggling member state.

The story doesn’t have much detail, but it appears that Obama is willing to brutalize American taxpayers directly (which is what he means by “on a bilateral basis”) and indirectly (i.e., the reference to “international and financial institutions like the IMF”).

…”we have pledged to cooperate fully in working through these issues, both on a bilateral basis but also through international and financial institutions like the IMF.”