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“Let’s get real.. The U.S. is bankrupt.”

 
Anonymous Coward
User ID: 815644
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10/29/2010 02:59 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
PIN THIS SHIT RIGHT NOW.

THIS IS MIND BLOWING. AWESOME READ.

HOW THE HELL DO THEY PAY 200 TRILLION DOLLAR DEBT???


Um, with a 200 trillion dollar bill?



PRINT THIS BILL RIGHT NOW SO THAT WE CAN GET THE PROBLEM OUT OF THE WAY. WARM THE PRINTER UP FOR THIS MOMENT ONLY.
 Quoting: Anonymous Coward 1099216



dayyyuuummm skippy, and ain't no Nation in the World gonna argue, cause guess who has the biggest gun!!!!
BROKEN

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10/29/2010 03:00 AM
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SOS obamaWTF
"The individual is handicapped by coming face to face
with a conspiracy so monstrous he cannot believe it exists."
J. Edgar Hoover

"Those who make Peaceful Revolution Impossible...Will make Violent Revolution Inevitable"
-JFK

:minimoran:
Anonymous Coward
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10/29/2010 03:03 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
WHERE THE HELL DID THIS GUY GET 200 TRILLION DOLLAR DEBT FIGURE???

WE NEED ANOTHER SOURCE TO CONFIRM THIS???

THIS IS SO SCARY.
 Quoting: Anonymous Coward 1099216


confirmed ... scarier fact is your country owes us
Anonymous Coward
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10/29/2010 03:03 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
This is easily solved according to Palin. By the RIAA & MPAA's estimation we owe them 879 trillion dollars. So we pay that off and the tax from that goes to ending us debt. And you people think Palin is dumb!
TX PATRIOT
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10/29/2010 03:06 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
Original article in full found at this link:

[link to www.theglobeandmail.com]


.
Anonymous Coward
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10/29/2010 03:07 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
 Quoting: BROKEN RECORD
TX PATRIOT
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10/29/2010 03:08 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
WHERE THE HELL DID THIS GUY GET 200 TRILLION DOLLAR DEBT FIGURE???

WE NEED ANOTHER SOURCE TO CONFIRM THIS???

THIS IS SO SCARY.
 Quoting: Anonymous Coward 1099216


Kotlikoff explains his methodology (basic) in the original article:

[link to www.theglobeandmail.com]

.
BROKEN

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10/29/2010 03:09 AM
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 Quoting: Anonymous Coward 911383

Fuck you..Some more broken for you!...Bitch.
"The individual is handicapped by coming face to face
with a conspiracy so monstrous he cannot believe it exists."
J. Edgar Hoover

"Those who make Peaceful Revolution Impossible...Will make Violent Revolution Inevitable"
-JFK

:minimoran:
Anonymous Coward
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10/29/2010 03:13 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
Fuck you..Some more broken for you!...Bitch.
 Quoting: BROKEN RECORD



s226 1rof1 lala whatever
BROKEN

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10/29/2010 03:14 AM
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smugMF
"The individual is handicapped by coming face to face
with a conspiracy so monstrous he cannot believe it exists."
J. Edgar Hoover

"Those who make Peaceful Revolution Impossible...Will make Violent Revolution Inevitable"
-JFK

:minimoran:
BROKEN

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10/29/2010 03:14 AM
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Fuck you..Some more broken for you!...Bitch.



s226 1rof1 lala whatever
 Quoting: Anonymous Coward 911383

lmao..beer2

Last Edited by BROKEN on 10/29/2010 03:15 AM
"The individual is handicapped by coming face to face
with a conspiracy so monstrous he cannot believe it exists."
J. Edgar Hoover

"Those who make Peaceful Revolution Impossible...Will make Violent Revolution Inevitable"
-JFK

:minimoran:
BROKEN

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10/29/2010 03:15 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
Ofootrub
"The individual is handicapped by coming face to face
with a conspiracy so monstrous he cannot believe it exists."
J. Edgar Hoover

"Those who make Peaceful Revolution Impossible...Will make Violent Revolution Inevitable"
-JFK

:minimoran:
BROKEN

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10/29/2010 03:16 AM
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DMF
"The individual is handicapped by coming face to face
with a conspiracy so monstrous he cannot believe it exists."
J. Edgar Hoover

"Those who make Peaceful Revolution Impossible...Will make Violent Revolution Inevitable"
-JFK

:minimoran:
BROKEN

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10/29/2010 03:17 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
O-ED

OCRY

obamatrek

beer2
"The individual is handicapped by coming face to face
with a conspiracy so monstrous he cannot believe it exists."
J. Edgar Hoover

"Those who make Peaceful Revolution Impossible...Will make Violent Revolution Inevitable"
-JFK

:minimoran:
Anonymous Coward
User ID: 1145514
United Kingdom
10/29/2010 03:17 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
As the saying goes... "Rome was not built in a day!" nor did the Roman Empire collapse in a day.

The US empire is in terminal decline, there is nothing, even on the visible horizon, that can turn this around.

Make the most of living through truly historic times. It's all down hill. My only hope is that I'm not around to see the possible mass extinction of human life.

Cancelled doom, cancelled!
Anonymous Coward
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10/29/2010 03:25 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
200 trillion! Damn you Obama! He's killed us! 200 TRILLION IN 2 YEARS! WE TOLD YOU LIBTARDS THIS WAS GOING TO HAPPEN! OBAMA HAS DESTROYED US!
cowgirl

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10/29/2010 03:36 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
bump
"Give me liberty or give me death"
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[link to freedomizerradio.com]

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[link to www.patriotresistance.com]

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venera
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10/29/2010 04:01 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
and the propping up will continue untill undergrounds bases are completed, contractors are paid off and everyone locked safely underground right before the real doom starts like earth changes perhaps?...aren't they still doing construction in denver and other locations? how in the fuck would they keep running construction if there was a collapse? they wouldn't, hence propping up.
Mr Pants

User ID: 1144933
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10/29/2010 04:06 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
There may be a silver lining here. This is the one thing that may break the back the federals and get them the hell out of our lives.

There is no legitimate reason for the Federal Government to exist.
 Quoting: Anonymous Coward 1142407


I'd like to believe that too, but there is no silver lining (that is, unless you own silver/gold). Once the U.S. goes bankrupt, they'll roll out the new fiat global currency.
Mr Pants

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10/29/2010 04:07 AM
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SOS obamaWTF
 Quoting: BROKEN

obozo
Mr Pants

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10/29/2010 04:07 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
PIN THIS SHIT RIGHT NOW.

THIS IS MIND BLOWING. AWESOME READ.

HOW THE HELL DO THEY PAY 200 TRILLION DOLLAR DEBT???


Um, with a 200 trillion dollar bill?



PRINT THIS BILL RIGHT NOW SO THAT WE CAN GET THE PROBLEM OUT OF THE WAY. WARM THE PRINTER UP FOR THIS MOMENT ONLY.



dayyyuuummm skippy, and ain't no Nation in the World gonna argue, cause guess who has the biggest gun!!!!
 Quoting: Anonymous Coward 815644


China
Matrix
User ID: 1129751
Australia
10/29/2010 04:10 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
As the saying goes... "Rome was not built in a day!" nor did the Roman Empire collapse in a day.

The US empire is in terminal decline, there is nothing, even on the visible horizon, that can turn this around.

Make the most of living through truly historic times. It's all down hill. My only hope is that I'm not around to see the possible mass extinction of human life.

Cancelled doom, cancelled!
 Quoting: Anonymous Coward 1145514

iamwith
With the billions that are being sunk into the (s)elections coming up, you would never think there is a spending crisis. The party goes on, while the big players abandon ship.
Anonymous Coward
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Serbia
10/29/2010 04:24 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
If true, this changes the rules of the game. That amount of debt can be "repayed" in two ways only - either by defaulting on the debt, or by hyperinflation of the currency, the dollar.

The best historical fit would be the WW I reparations Germany had to pay.

[link to en.wikipedia.org]

Interesting similarities:
In order to pay for the "passive resistance" in the Ruhr, the German government began the hyper-inflation that destroyed the German economy in 1923.

...

The economy continued to perform reasonably well until the foreign investments funding the economy, and the loans funding reparations payments, were suddenly withdrawn with the Stock Market Crash of 1929.
This collapse was magnified by the volume of loans provided to German companies by US lenders. Even the reduced payments of the Dawes plan were primarily financed through a large volume of international loans. From 1924 onward German officials were "virtually flooded with loan offers by foreigners." [36] When these debts suddenly came due it was as if years of reparations payments were compressed into a few short weeks.

...

Payments ceased when Adolf Hitler's National Socialist German Workers' Party seized power in 1933.

Does anyone else think that U.S. and China are repeating much of the same pattern today, only with U.S. playing the part of pre-Nazi Germany?

In some aspects, at least. In some other aspects, like "Homeland" Security and Corporate Government, it's pretty much Nazi Germany and Fascist Italy, all-in-one, right now.

[link to en.wikipedia.org]

[link to en.wikipedia.org]

[link to www.brainyquote.com]

It certainly seems that U.S. used to be a good puppet, but is now just another sucker set up to fall, while China seems to be the next puppet to take its place.

It takes just one war to make the switch.

On a side note, who would be the biggest loser if some "natural" event, let' say a relatively big eruption on the Sun, happening for completely unknown and incomprehensible reasons, knocked down the whole spy satellite system?

If everyone ends up blind, and no birds can fly (except, maybe, for those vacuum-tubed MIG-25's), in the case of war (that everyone knows will have to happen sooner or later), will sheer numbers of sea and ground troops, the raw manpower, start making any difference?
Useful RepEATER
Those who know the least obey the best: G.F.

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10/29/2010 04:27 AM

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Re: “Let’s get real.. The U.S. is bankrupt.”
Began in 1913, but picked up steam in 1971. We've been in a slow spiral ever since, though it really became noticeable in 2008 thanks to TARP, etc.
Real Eyes, Realize, Real Lies
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Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats.
~H. L. Mencken~

We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light.
~Plato~

When a well-packaged web of lies has been sold gradually to the masses over generations,
the truth will seem utterly preposterous and its speaker a raving lunatic.
~Dresden James~
Victory66
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10/29/2010 05:05 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
Now THAT'S a TIPPING POINT if I've ever heard one,don't you think?The article seems to say that news such as this is waiting in the wings till after the election.
Anonymous Coward
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10/29/2010 05:07 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
No shit Sherlock
 Quoting: Anonymous Coward 1145492

afro
Anonymous Coward
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Japan
10/29/2010 05:08 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
Arrest them all!
Make all the criminals manufacture cars for compensation!
5a 5a 5a 5a 5a
Anonymous Coward
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10/29/2010 05:10 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
Let China take Taiwan. Debt repayed.
Anonymous Coward
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10/29/2010 05:19 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
PIN THIS SHIT RIGHT NOW.

THIS IS MIND BLOWING. AWESOME READ.

HOW THE HELL DO THEY PAY 200 TRILLION DOLLAR DEBT???
 Quoting: Anonymous Coward 1099216


Odious Debt made by criminals without the consent of the governed should require all of the politicians and Fed bankers to be tried as criminals and live out the rest of their days in prison.



My kids are privately educated.

I have never collected government entitlements or used government loan guarantees.

I owe no Usury Debt beyond my house which will be paid off shortly.

I do not owe this debt nor will I pay it because I didn't agree to it or benefit from it.
Anonymous Coward
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10/29/2010 05:40 AM
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Re: “Let’s get real.. The U.S. is bankrupt.”
It's corporate America that is broke..not the Constitutional United States of America.

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