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Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
44834 posts

re: Seriously how is it going to play out with the US national debt?
quote:

Eliminate the countries we are indebted to 
Problem solved 
Profit


Yeah, we should just all kill ourselves since the American people are the ones who the government is mostly indebted to.


bayourougebengal
LSU Fan
Member since Mar 2008
4802 posts

re: Seriously how is it going to play out with the US national debt?
quote:

Time to cut welfare and get serious


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CelticDog
LSU Fan
Member since Apr 2015
20880 posts

re: Seriously how is it going to play out with the US national debt?
Run. For office


CelticDog
LSU Fan
Member since Apr 2015
20880 posts

re: Seriously how is it going to play out with the US national debt?
Vote against incumbents in primary. One issue pony.

Spend less every year.


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OweO
LSU Fan
Saints Fan
Member since Sep 2009
65330 posts

re: Seriously how is it going to play out with the US national debt?
quote:

Run. For office


I wish more people would consider this. Whether it's for president or a justice of the peace position, there needs to be more people involved in the political process.

About 14-15 years ago I ran for a small town city council position. I was one of six candidates, elected in a runoff and had just over 40% of the votes in the runoff (so I didn't win)...I am just adding this before someone says "well, then why don't you run for office?".

In today's world, I would argue it is easier for a candidate with a lot less money to have a chance to win.. Especially a state position (state rep, etc).


Breesus
New Orleans Saints Fan
House of the Rising Sun
Member since Jan 2010
62205 posts

re: Seriously how is it going to play out with the US national debt?
quote:

How the hell is this going to play out?


Same way it does in business. You dissolve the company, and then start a new company with all the same assets. None of the old companies debts are collectable.

The government is in need of an overhaul anyway. Burn it down.


OweO
LSU Fan
Saints Fan
Member since Sep 2009
65330 posts

re: Seriously how is it going to play out with the US national debt?
Upvote


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10
GusMcRae
LSU Fan
Deep in the heart...
Member since Oct 2008
962 posts

re: Seriously how is it going to play out with the US national debt?
LOL... huge fan of higher taxes!

F’ing Idiot! Increased spending under Reagan was result of Tip O’neill’s Democratic congress. Revenue to the treasury grew exponentially under Reagan, and so did everyone ‘s bank account!


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34
BigPerm30
Chicago Cubs Fan
Member since Aug 2011
10274 posts

re: Seriously how is it going to play out with the US national debt?
quote:

Trump - just lol. Worst ever. Huge corporate tax cuts at a time when corps are sitting on most money in history and massive spending increases when the economy is at full employment. Potential to be dumbest economic policy in US history. Inflation here we come.


I’m not going all Poli board on you but are you really going to blame Trump for inflation? Obama with QE3 printed money for fricking 6 years.


jdeval1
LSU Fan
Member since Dec 2009
7525 posts

re: Seriously how is it going to play out with the US national debt?
quote:

 Obama with QE3 printed money for fricking 6 years.

Artificially low interest rates are the only reason that we grew at 1% during his presidency


shutterspeed
Arkansas State Fan
MS Gulf Coast
Member since May 2007
45015 posts
 Online 

re: Seriously how is it going to play out with the US national debt?
Why didn't you ask me to be your campaign manager?


Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
44834 posts

re: Seriously how is it going to play out with the US national debt?
quote:

Artificially low interest rates are the only reason that we grew at 1% during his presidency


Yes, thanks to the bush recession. And if not for that cheap money, growth would have been non existent. And obviously inflation is not a problem in a slow economy most of the time. Brilliant idea Trump has to juice an economy at full employment by borrowing money.

Some of you people just defend the brand and don't really give a shite about anything else.


samson73103
Alabama Fan
Krypton
Member since Nov 2008
4311 posts
 Online 

re: Seriously how is it going to play out with the US national debt?
quote:

Time to cut defense spending


You know not of what you speak


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21
OweO
LSU Fan
Saints Fan
Member since Sep 2009
65330 posts

re: Seriously how is it going to play out with the US national debt?
quote:

Why didn't you ask me to be your campaign manager?



I didn't know you at the time..


fr33manator
LSU Fan
Baton Rouge
Member since Oct 2010
77633 posts

re: Seriously how is it going to play out with the US national debt?
It all ends the way it always ends. With fire and sword. Rivers of blood and the dead piled high.

The gnashing of teeth at the fall of another empire. Others will rise from the ashes.

Once the tribute stops flowing to the barely contained masses of those dependent on the gov’t tit, they will lash out. The sounds of gunfire will ring unceasing through the nights.
The flames will lick and devour cities.

And many will perish. From the chaos, from the combat, from starvation.

The strong will prey upon the weak. As it has always been.

All the trivial things many gripe over in these halcyon days, they will yearn for those simple annoyances back, instead of the hunger that will rumble in their bellies or the hordes of unwashed barbarians that roam the streets.


A reckoning is coming. The fold shall be culled.





shutterspeed
Arkansas State Fan
MS Gulf Coast
Member since May 2007
45015 posts
 Online 

re: Seriously how is it going to play out with the US national debt?
quote:

I didn't know you at the time..


That's no excuse.
This post was edited on 2/9 at 6:40 pm


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jdeval1
LSU Fan
Member since Dec 2009
7525 posts

re: Seriously how is it going to play out with the US national debt?
quote:

Some of you people just defend the brand and don't really give a shite about anything else.

I'm no big Trump fan. And isn't that what you've been doing throughout this thread


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11
jdeval1
LSU Fan
Member since Dec 2009
7525 posts

re: Seriously how is it going to play out with the US national debt?
quote:

Yes, thanks to the bush recession

Also, this was in part caused by Clinton administration policies


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samson73103
Alabama Fan
Krypton
Member since Nov 2008
4311 posts
 Online 

re: Seriously how is it going to play out with the US national debt?
quote:

Gotta look at cutting back SS, Medicare, Food and agriculture subsidies, food stamps,

The actual amount of subsidies that goes to American farmers is laughably small and guarantees that you have a safe and abundant food supply instead of having to import it. You see where importing oil has gotten us. Do you really want to play that game with food?


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21
jdeval1
LSU Fan
Member since Dec 2009
7525 posts

re: Seriously how is it going to play out with the US national debt?
You should really educate yourself on the housing bubble.

quote:


Here's the real story, in brief: In 1995, using the powers of the presidency, Bill Clinton turned the 1977 Community Reinvestment Act into an aggressive program that basically forced banks to lend money to "underserved" communities. That meant those with low incomes who couldn't necessarily repay a loan.

Meanwhile, his Department of Housing and Urban Development got involved in a big way.

Jack Cashill, writing for the American Thinker, notes: "HUD, which Congress had made the regulator of Fannie Mae and Freddie Mac in 1992, began to pressure these agencies to set numerical goals for affordable housing, even if that meant buying subprime mortgages. The media cheered the agencies on."

Under HUD Secretary Andrew Cuomo, the agency became particularly aggressive, in 2000 making a goal of over $1 trillion in new loans to low-income minority households. Fannie Mae and Freddie Mac were told to make at least half of their loans to low- and moderate-income borrowers, mainly minorities.



investors business daily


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