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The United States is not facing bankruptcy, it is bankrupt.

 
Anonymous Coward
User ID: 28008747
United States
11/30/2012 03:30 PM
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Re: The United States is not facing bankruptcy, it is bankrupt.
factor in all those unfunded liabilities and entitlements, just like in california, illinois, and just about every other democratically controlled state... and yes, it's all over but the crying.
 Quoting: Dr. Lecter


I'd be in favor of cutting most of that first. We have to go thru the riot phase and the international condemnation phase, but we can't afford to pay this support to people who did NOT pay in for years from the fruit of their talent and hard work.
Anonymous Coward
User ID: 28008747
United States
11/30/2012 03:31 PM
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Re: The United States is not facing bankruptcy, it is bankrupt.
WELL... THEN WHO'S PAYING MY WELPARE AND FOODSTAMP RIGHT NOW? (YES IM ON IT)
 Quoting: Anonymous Coward 5386088


I am, and I want to reduce those payments to you.
Anonymous Coward
User ID: 169265
United States
11/30/2012 03:36 PM
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Re: The United States is not facing bankruptcy, it is bankrupt.
[link to www.usdebtclock.org]

Is this real numbers?
Anonymous Coward
User ID: 1489944
United States
11/30/2012 03:48 PM
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Re: The United States is not facing bankruptcy, it is bankrupt.
Its not just the US, other countries are in financial trouble.

Even China...CHINA! the very place that we outsource most jobs is having financial problems but where does it go??? in the pockets of these money hoarders that are worth billions upon billions,
WAKEUPAMERICA01

User ID: 1466582
United States
11/30/2012 03:51 PM

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Re: The United States is not facing bankruptcy, it is bankrupt.
The country did not even last 20 years since the introduction of the FED and IRS. When the gold standard was taken away from the monetary system in 33 amidst the depression. WAKE UP AMERICA
WAKE UP AMERICA
"I love the man that can smile in trouble, that can gather strength from distress, and grow brave by reflection. 'Tis the business of little minds to shrink; but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death."
Thomas Paine, The American Crisis, No. 1, December 19, 1776
"Those who expect to reap the blessings of freedom, must, like men, undergo the fatigues of supporting it."

Thomas Paine, The American Crisis, No. 4, September 11, 1777
"I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs." -- Thomas Jefferson, U.S. President.
"A majority of the people of the United States have lived all of their lives under emergency rule. For 40 years, [79 years now in 2012] freedoms and governmental procedures guaranteed by the Constitution have in varying degrees been abridged by laws brought into force by statutes of national emergency."
Dr. Lecter
I'm a goddamn marvel of modern science

User ID: 24275310
United States
11/30/2012 04:05 PM

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Re: The United States is not facing bankruptcy, it is bankrupt.
[link to www.usdebtclock.org]

Is this real numbers?
 Quoting: Anonymous Coward 169265


yes.... but it doesn't include entitlements such as social security, medicaid, medicare, food stamps, nor the unfunded liabilities, such as retirement pensions and healthcare for all the government employees.

in reality, the number is somewhere between $95 and $120 trillion dollars, or roughly 7 times what the debt clock is showing.

it's enough money to allow every single person living in america to retire and buy a really nice house.

think about this.
Liberal Logic - Demanding that the government stay out of their bedrooms while insisting on taxpayer funded birth control.
Spittin'Cesium

User ID: 14589973
United Kingdom
11/30/2012 08:15 PM

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Re: The United States is not facing bankruptcy, it is bankrupt.
...


Fucking retard.
If you voted for anyone other than Romney, this is your fault.
As thousands of us were screaming at the top of our lungs before the election "A vote for anyone other than Romney is a vote for Obama".

And you fucking did it anyway, you POS.

granny
 Quoting: Carshy McCarsh


Respectively i disagree sir, Romney wanted to substantially increase defense spending which would only make our fiscal problem larger(and was the silver lining for why ron paul didnt endorse him).

Not only that but he is an establishement republican. If you think our monetary policy is shit like i do you can point the finger at bush and obama the two people who elected ben bernanke and if you think romney wouldnt do the same your nutz.
 Quoting: Anonymous Coward 14625665


Romney would have drove a stake thru the heart of ObamaCare and stopped the UBER LEFTY Socialist movement.

THAT ALONE would have been enough and make him worthwhile.....except of course to SHEEP like you.


So NOW you are going to get what you voted for.

hopechg
 Quoting: Burt Gummer


yes

I can't wait to hear how happy the libtards and Paultards are that Obama's plan to gut the military is successful, so successful that China takes the entire Pacific and Russia rolls over Europe.

Nice going, jackholes.
 Quoting: Carshy McCarsh


Come nowtwinkies

Last Edited by Spittin'Cesium on 11/30/2012 08:22 PM
The thing that hath been,
is That which shall be;
and that which is done is that which shall be done:and there is no new thing under the Sun.
Ecclesiastes 9:1
BICOG

User ID: 27538243
Canada
11/30/2012 08:20 PM
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Re: The United States is not facing bankruptcy, it is bankrupt.
been saying this for years

[link to www.british-israel.ca]
mrmuffins69

User ID: 28433365
United States
12/01/2012 02:07 AM
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Re: The United States is not facing bankruptcy, it is bankrupt.
...


too bad this student cant read 222,000 BILLION IS 200 trillion n 16,100 BILLION is 16 trillion
 Quoting: mrmuffins69


Its not 200 trillion either lol.
 Quoting: Royy


srry i meant to say 222 trillion
 Quoting: mrmuffins69


its not 222trillion either lol. and our gdp last year was 15.1trillion not 16 trillion.

The yearly deficit is about 1.3 trillion, not 222 trillion lol.

I am translating "promises that have been made for spending obligations, less all the taxes the treasure expects to collect" to expenditures-revenue. This is the definition of the deficit and it is 1.3 trillion a year
 Quoting: Royy


lol what im trying to say is you said 222,000 billion was only 222 billion when it is actually 222 trillion, i was just correcting your mistake, $1.3 trillion deficit a year sounds right

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