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re: Seriously how is it going to play out with the US national debt?
Posted on 2/9/18 at 4:12 pm to Tyga Woods
Posted on 2/9/18 at 4:12 pm to Tyga Woods
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.
1
Posted on 2/9/18 at 5:06 pm to Ryne Sandberg
quote:
Time to cut welfare and get serious
Posted on 2/9/18 at 5:36 pm to LSUTigersVCURams
Run. For office
Posted on 2/9/18 at 5:38 pm to LSUTigersVCURams
Vote against incumbents in primary. One issue pony.
Spend less every year.
Spend less every year.
Posted on 2/9/18 at 5:53 pm to CelticDog
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).
Posted on 2/9/18 at 5:54 pm to LSUTigersVCURams
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.
Posted on 2/9/18 at 5:55 pm to Breesus
Upvote
Posted on 2/9/18 at 5:58 pm to Tiger n Miami AU83
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!
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!
Posted on 2/9/18 at 6:08 pm to Tiger n Miami AU83
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.
Posted on 2/9/18 at 6:10 pm to BigPerm30
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
Posted on 2/9/18 at 6:22 pm to OweO
Why didn't you ask me to be your campaign manager?
Posted on 2/9/18 at 6:25 pm to jdeval1
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.
Posted on 2/9/18 at 6:31 pm to Ryne Sandberg
quote:
Time to cut defense spending
You know not of what you speak
Posted on 2/9/18 at 6:32 pm to shutterspeed
quote:
Why didn't you ask me to be your campaign manager?
I didn't know you at the time..
Posted on 2/9/18 at 6:34 pm to LSUTigersVCURams
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.
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.
Posted on 2/9/18 at 6:34 pm to OweO
quote:
I didn't know you at the time..
That's no excuse.
This post was edited on 2/9/18 at 6:40 pm
Posted on 2/9/18 at 6:34 pm to Tiger n Miami AU83
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
Posted on 2/9/18 at 6:36 pm to Tiger n Miami AU83
quote:
Yes, thanks to the bush recession
Also, this was in part caused by Clinton administration policies
Posted on 2/9/18 at 6:36 pm to CubMajorTiger
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?
Posted on 2/9/18 at 6:47 pm to Tiger n Miami AU83
You should really educate yourself on the housing bubble.
investors business daily
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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