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| 01:35 AM | ||
| Users Online Now: 2,381 (Who's On?) | Visitors Today: 105,002 | |
| Pageviews Today: 195,722 | Threads Today: 81 | Posts Today: 1,507 |
| 01:35 AM | ||
Paying off the national debt | |
| Smitty Offer Upgrade  User ID: 896433  United States02/24/2013 02:02 AM Report Abusive Post Report Copyright Violation | |
| CeeLite User ID: 33205178 United States02/24/2013 02:03 AM  Report Abusive Post Report Copyright Violation | Uh reading the headlines much? We need it. GLP twitter to see headlines even if can't access board [link to twitter.com (secure)] Korea updates VOA correspondant >> [link to twitter.com (secure)] |
| Smitty (OP) User ID: 896433 United States02/24/2013 02:07 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 34837866 United States02/24/2013 02:09 AM Report Abusive Post Report Copyright Violation | |
| Smitty (OP) User ID: 896433 United States02/24/2013 02:14 AM Report Abusive Post Report Copyright Violation | It is going to happen: [link to www.afsc.af.mil] It's the easiest solution because it's automatic. No one has to do anything. And it will all be blamed on the prez. And it's all set to go. |
| Anonymous Coward User ID: 30728507 United States02/24/2013 03:10 AM Report Abusive Post Report Copyright Violation | Since there is 16.8 trillion in US debt, if interest rates spike a little - BAM. No more money of domestic gov. operations. What do you do then? Print more. Then the US Dollar becomes increasingly worth less. So do your savings. So do your wages. Can we survive? Sure - Mexico style. Last time I checked the peso was worth a dime. Get used to working for 8 dimes an hour at minimum wage. At least you can get a Carona for a buck! Woo hoo! This fiscal discussion should have been had and resolved ten years ago. It wasn't. Welcome to Mexico. |
| Anonymous Coward User ID: 33031321  Australia02/24/2013 03:33 AM Report Abusive Post Report Copyright Violation | The military got as big as it is due to the cold war and for the cold war. Then it transitioned to be the worlds terrorist fighting force, world police force, and also fighting other countries wars and preventing other countries from going to war. Quoting: Smitty If it was dramatically downsized(because we can't afford it and don't need it anymore); could the debt eventually be paid off? The big military exists to protect against whom? Take a hard look at Russia's military these days. Is China really going to wage war against their number one customer? Without us; they have no positive cash flow. We drive and support their economy. This Friday when the mandatory cuts set in Government wide; it's a good start; but Government still needs to be massively downsized to the minimal amount. [link to federalbudget.com] it is "impossible" to pay back the so called "debt" because "printed money" has "no value" at all. it is "debt" or fake money as soon as it is "printed" by the fed and then "loaned" to the government "with interest" they have to pay back on "rubbish paper" that is "printed" for just a few cents! THE WORLD and its people "are conned" period!! |
| Smitty (OP) User ID: 24530075 United States03/01/2013 09:02 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 897791  Hungary03/01/2013 10:42 AM Report Abusive Post Report Copyright Violation | |
| BOWMAN User ID: 11309136 United States03/01/2013 10:48 AM Report Abusive Post Report Copyright Violation | Isn't it beyond being reasonably and mathematically possible to pay off at this point?  ------ "And I understood that in an age where there was so much ego, because of the camera, that it was very important to look for that kind of player, ... I began to look for the kind of player that doesn't need his ego fed by stardom, but will do what he's supposed to do because he knows the game and loves the game, and will do the job the right way even if someone else gets the glory." ~ Bill Belichick ------------------------------------- Pale Blue Dot [link to www.youtube.com] 2001: A Floyd Odyssey [link to www.youtube.com] Who's In Control? [link to www.youtube.com] |
| Smitty (OP) User ID: 24632203 United States03/01/2013 10:54 AM Report Abusive Post Report Copyright Violation | |
| Smitty (OP) User ID: 24632203 United States03/01/2013 10:56 AM Report Abusive Post Report Copyright Violation | |
| Mr. Predictor Mod Emeritus User ID: 1032780 United States03/01/2013 10:59 AM  Report Abusive Post Report Copyright Violation | Isn't it beyond being reasonably and mathematically possible to pay off at this point? Quoting: BOWMAN ------ not with inflation  In 2012 the Fandango Rangers prevented 23,653 attacks on the American people. 10% Internal Threats 20% International Terrorists 15% Obama zombies 30% Extraterrestrial 15% Extradimensional |
| BOWMAN User ID: 11309136 United States03/01/2013 11:01 AM Report Abusive Post Report Copyright Violation | Isn't it beyond being reasonably and mathematically possible to pay off at this point? Quoting: BOWMAN ------ Reduce military and government spending by a trillion or two a year and in just a few years the 17 trillion will be paid off Would take a huge shift in people's perspectives to pull that one off and I look around and things haven't changed that much, so at this point I would say your answer qualifies as being "beyond reason". It's a nice thought though.  ------ "And I understood that in an age where there was so much ego, because of the camera, that it was very important to look for that kind of player, ... I began to look for the kind of player that doesn't need his ego fed by stardom, but will do what he's supposed to do because he knows the game and loves the game, and will do the job the right way even if someone else gets the glory." ~ Bill Belichick ------------------------------------- Pale Blue Dot [link to www.youtube.com] 2001: A Floyd Odyssey [link to www.youtube.com] Who's In Control? [link to www.youtube.com] |
