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| 03:53 PM | ||
| Users Online Now: 2,248 (Who's On?) | Visitors Today: 948,670 | |
| Pageviews Today: 1,581,903 | Threads Today: 642 | Posts Today: 11,352 |
| 03:53 PM | ||
CBO: Debt Headed to 103% of GDP; Level Seen Only in WWII; | |
| Anonymous Coward User ID: 69631232  United States07/11/2015 09:42 PM Report Abusive Post Report Copyright Violation | |
BunBun  User ID: 53455184 United States07/11/2015 09:43 PM Report Abusive Post Report Copyright Violation | |
| Dr.Hill User ID: 35449057 United States07/11/2015 10:03 PM Report Abusive Post Report Copyright Violation | It's not just Obama. Our whole system is completely screwed. Every branch of our government. Every political party. If state's still had rights we could reverse the downward spiral. The feds wont have any part of that because it's what's keeping them afloat. |
| Anonymous Coward User ID: 813734  Canada07/11/2015 10:10 PM Report Abusive Post Report Copyright Violation | Funny... no mention of what we owe China or Japan 1.3 Trillion each about. Quoting: Zotar1111 More FUZZY Math...... CBO: Debt Headed to 103% of GDP; Level Seen Only in WWII; 'No Way to Predict Whether or When' Fiscal Crisis Might Occur Here To simply contain the debt at the high historical level where it currently sits—74 percent of GDP--would require either significant increases in federal tax revenue or decreases in non-interest federal spending (or a combination of the two). As of July 9, according to the Treasury, the debt held by the public was $13,102,609,587,775 and the intra governmental debt was $5,049,321,696,720. That equaled a total debt of $18,151,931,284,495. [link to cnsnews.com] That's just federal debt. overall debt to gdp is enormous. They wont even give us the numbers anymore Nevertheless, it can all be solved without austerity but its a planned crisis and its what they want |
| Anonymous Coward User ID: 53158832 United States07/11/2015 10:12 PM Report Abusive Post Report Copyright Violation | Funny... no mention of what we owe China or Japan 1.3 Trillion each about. Quoting: Zotar1111 More FUZZY Math...... CBO: Debt Headed to 103% of GDP; Level Seen Only in WWII; 'No Way to Predict Whether or When' Fiscal Crisis Might Occur Here To simply contain the debt at the high historical level where it currently sits—74 percent of GDP--would require either significant increases in federal tax revenue or decreases in non-interest federal spending (or a combination of the two). As of July 9, according to the Treasury, the debt held by the public was $13,102,609,587,775 and the intra governmental debt was $5,049,321,696,720. That equaled a total debt of $18,151,931,284,495. [link to cnsnews.com] That's just federal debt. overall debt to gdp is enormous. They wont even give us the numbers anymore Nevertheless, it can all be solved without austerity but its a planned crisis and its what they want And entitlement promises, federal pensions, social security and medicare. The claim is that they can renege on those promises but there is no legal precedent to do so, AND if they don't honor those claims then it all falls apart anyway since retirees who have most of the money anyway will be broke and penniless. If you add up all those promises it's over $200 trillion. . |
| Anonymous Coward User ID: 69042514  Germany07/11/2015 10:12 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 813734 Canada07/11/2015 10:13 PM Report Abusive Post Report Copyright Violation | And there's nothing you can do It's all just bits of paper Flying away from you Oh look out world Take a good look what comes down here You must learn this lesson fast and learn it well This ain't no upwardly mobile freeway Oh no, This is the road to Hell |
| Anonymous Coward User ID: 69042514 Germany07/11/2015 10:16 PM Report Abusive Post Report Copyright Violation | And there's nothing you can do It's all just bits of paper Flying away from you Oh look out world Take a good look what comes down here You must learn this lesson fast and learn it well This ain't no upwardly mobile freeway Oh no, This is the road to Hell You can give up. Have fun in your misery! |
| Me114 User ID: 64623942 United States07/11/2015 10:23 PM Report Abusive Post Report Copyright Violation | Obviously, it is over... Thread: Conversation with God the Father, America will be destroyed and made desolate Me114 :rolleyes: :ura: Sweet Thoughts! I Unknown Depths of Love, You. What Happens Next Loves me. Help me Jesus, Life will let me know. Living is Effortless Normal God Inside, Outside, Everywhere, Forever! Executive Order 13603 means slavery in the usa Thread: The End of All Things Is Upon Us - An Urgent Message from Father God Thread: Nothing is Something and Non-Existence must Exist Thread: Not Knowing is Essential to Eternal Life! Thread: Let's talk about the Evil-Mind-Beings (EMB) Thread: ALERT! Father God says, now, " I will go down now, and see whether they have done altogether according to the cry of it" Thread: WE CAN DEFEAT THE ANTICHRIST !!! |
| Anonymous Coward User ID: 69591607 United States07/11/2015 11:34 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 69742501 United States07/12/2015 12:21 AM Report Abusive Post Report Copyright Violation | Funny... no mention of what we owe China or Japan 1.3 Trillion each about. Quoting: Zotar1111 More FUZZY Math...... CBO: Debt Headed to 103% of GDP; Level Seen Only in WWII; 'No Way to Predict Whether or When' Fiscal Crisis Might Occur Here To simply contain the debt at the high historical level where it currently sits—74 percent of GDP--would require either significant increases in federal tax revenue or decreases in non-interest federal spending (or a combination of the two). As of July 9, according to the Treasury, the debt held by the public was $13,102,609,587,775 and the intra governmental debt was $5,049,321,696,720. That equaled a total debt of $18,151,931,284,495. [link to cnsnews.com] That's just federal debt. overall debt to gdp is enormous. They wont even give us the numbers anymore Nevertheless, it can all be solved without austerity but its a planned crisis and its what they want And entitlement promises, federal pensions, social security and medicare. The claim is that they can renege on those promises but there is no legal precedent to do so, AND if they don't honor those claims then it all falls apart anyway since retirees who have most of the money anyway will be broke and penniless. If you add up all those promises it's over $200 trillion. . What is that.......around $600,000 per person? For myself, wife, and child..........that would be 1.8 million total. No problemo.....let me get my checkbook. |
| Anonymous Coward User ID: 69042514 Germany07/12/2015 12:32 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 64390739 United States07/12/2015 02:28 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 69496699  Sweden07/12/2015 02:49 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 69725311 United States07/12/2015 03:34 AM Report Abusive Post Report Copyright Violation | Funny... no mention of what we owe China or Japan 1.3 Trillion each about. Quoting: Zotar1111 More FUZZY Math...... CBO: Debt Headed to 103% of GDP; Level Seen Only in WWII; 'No Way to Predict Whether or When' Fiscal Crisis Might Occur Here To simply contain the debt at the high historical level where it currently sits—74 percent of GDP--would require either significant increases in federal tax revenue or decreases in non-interest federal spending (or a combination of the two). As of July 9, according to the Treasury, the debt held by the public was $13,102,609,587,775 and the intra governmental debt was $5,049,321,696,720. That equaled a total debt of $18,151,931,284,495. [link to cnsnews.com] That's just federal debt. overall debt to gdp is enormous. They wont even give us the numbers anymore Nevertheless, it can all be solved without austerity but its a planned crisis and its what they want And entitlement promises, federal pensions, social security and medicare. The claim is that they can renege on those promises but there is no legal precedent to do so, AND if they don't honor those claims then it all falls apart anyway since retirees who have most of the money anyway will be broke and penniless. If you add up all those promises it's over $200 trillion. . Retirees have most of the money? What? |
| Anonymous Coward User ID: 69725311 United States07/12/2015 03:36 AM Report Abusive Post Report Copyright Violation | Is this a joke? Quoting: Anonymous Coward 69496699 US total debt only 13 Trillions ? Only the derivatives alone is 1000T And since when US is producing 16T of new value every year? Yes it's a joke. Like another poster said, they will never tell us the actual numbers. There is no transparency, our government is the shadiest corporation of them all. |
| Anonymous Coward User ID: 67168181 United States07/12/2015 10:31 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 651868 United States07/12/2015 10:37 AM Report Abusive Post Report Copyright Violation | What that means is to pay it back everyone cannot even keep one penny for their own use for over a year. Can you live not spending even one penny on your own survival for a year, not on food, shelter or fuel. The only way you can pay is if they take your stuff and your life away. This is the plan. |
| Anonymous Coward User ID: 651868 United States07/12/2015 10:40 AM Report Abusive Post Report Copyright Violation | |
