I.O.U.S.A.

[SirMoby]

Is anyone going to see this? I feel I'm already aware of the damage that borrowing so much money is causing but for those that claim to support the war and the country as long as they don't have to pay for it this might be interesting.

http://www.imdb.com/title/tt0963807/

[SeedyROM]

I read about it last week. The nation is being run by SpendThrifts maxing out every dollar of credit we have. The winning candidate will have to adjust the tax hikes they've been touting. Otherwise we'll never pay down the debt. Our enemies are counting on breaking us financially. Even Bin Laden has such an agenda. Bernake's solution, print more money. We'll pay down the war debt but the repayment will be extremely long term.

[kres24GT]

It's scary, we have to slash spending. And neither party is going to do it. Sad people will keep voting over and over again for politcians whose policies mean destroying and selling out America.

[disrupter]

If the POLITICAL CRIMINALS in Washington are bankrupting this nation for a mostly bogus war on terror,

aren't they THIS NATION'S WORST ENEMY?

It is one thing to go into debt to invest in LASTING infrastructure,
doing it to loot the treasury for maniacal blood suckers is an abomination & no less than economic pedophilia.

This is bondage of your children for the prurient pleasures of the sadistic criminal rich.
Aren't you ashamed of this nation, our citizen selves & most of all the political criminals in DC including the lobbyist structures as well as the politicians themselves?

Imagine bound American babies dangling from the keychain of Paris Hilton.
That is what this nation has become.
Slaves for the rich elite.

[SirMoby]

Originally Posted by kres24GT

It's scary, we have to slash spending. And neither party is going to do it. Sad people will keep voting over and over again for politcians whose policies mean destroying and selling out America.

People always try to simplify things by looking at only 1 piece of the puzzle.

It's not that our government spends too much.

It's a simple matter of we're not generating as much as we're spending.

Slashing spending won't do us any good if we also slash revenue. We'll still be in the same damn situation.

There's nothing wrong with having a $3 Trillion budget as long as you're generating $3 Trillion in revenue.

Slashing spending to $2 Trillion is great unless you start generating $1.5 Trillion in revenue.

[Dale escondido]

Originally Posted by SirMoby

People always try to simplify things by looking at only 1 piece of the puzzle.

It's not that our government spends too much.

It's a simple matter of we're not generating as much as we're spending.

Slashing spending won't do us any good if we also slash revenue. We'll still be in the same damn situation.

There's nothing wrong with having a $3 Trillion budget as long as you're generating $3 Trillion in revenue.

Slashing spending to $2 Trillion is great unless you start generating $1.5 Trillion in revenue.

Simplicity is the answer. You can look at the complexity and assume no answer exists
Choas is to much input and an overwhelming situation occurs. Works very well in war.
You find something you can solve and move on.
We can inflate our way out of this mess, but we would all lose in the end.
Gold standard wouldnt allow us to get to this point. Although we are so far away from that its not even a remote course.

[Cat slave]

Originally Posted by SirMoby

People always try to simplify things by looking at only 1 piece of the puzzle.

It's not that our government spends too much.

It's a simple matter of we're not generating as much as we're spending.

Slashing spending won't do us any good if we also slash revenue. We'll still be in the same damn situation.

There's nothing wrong with having a $3 Trillion budget as long as you're generating $3 Trillion in revenue.

Slashing spending to $2 Trillion is great unless you start generating $1.5 Trillion in revenue.

I do believe that "we" would love to be generating enough trillions to pay
for the drunken spending of WA. We would love to be that productive but
they are spending it faster than anyone can make it.
And exactly who can we thank for that? All the "mr free trades", all the
global economy pimps. We would be making our bills if jobs had not been
shipped out by the thousands at a time to put our citizens out of work, then
import the ****that the outsourced jobs have produced. Then chuckle
like a bunch of dimwits when we get bargains at WalMart. Hello?

Its all about the NWO. We are not supposed to be able to generate the
money to cover our debts. What? Have a standard of living we should
because some third world countries do without running water? How wrong.
We need a level playing flield ie a two tier system, those who produced this
quandry for our country will be the top and the rest of us and all the workers
of the world will be on the bottom.

This is bigger than our national deficit. This is part of a plan and its working.
Ship out jobs for near slave labor costs, reduce the standard of living for
the middle class, pushing more people to live off plastic while trying to regain
their balance which will never happen. A lot of people are living on plastic
because their income has been reduced or obliterated by corporations moving
off shore and not contributing to the tax base of our country. Their labor
costs plunge, they dont pay taxes and viola, what are people to do?
I dont believe that it is the general average citizen running up their limits on
jewelry, huge cars, new furniture every year or things like that. They are
borrowing money ie credit cards to make it and just survive! I dont know
what they should be doing because they have been screwed by the pimps
of globalism. And no, no one should bail them out. How they got there
should be exposed and rectified.

That infomercial king Dave Ramsey would say live off rice and beans and beans and rice and dont spend for anything. ( I listened to him until it clicked
what a smart ass he is so I know his philosophy). The people at the bottom
rung of the middle class have had their jobs taken by illegal aliens and many
of the people in dire straights have gotten there by the actions of money
grubbing, power crazed policicians bought and paid for by lobbyists. And
I dont deny many of them have made bad choices....starting at the ballot
box!!