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Old 11-13-2012, 12:48 PM   #31
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Just bear in mind that at the end of WWII, the world needed some rebuilding and the US was owed a lot of money from the losers.

you sure it's the same this time?
I stand corrected, it is the same, alot of money is now owed to our government from us tax payers
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Old 11-13-2012, 05:53 PM   #32
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Newb....after WWII our national debt was indeed 113% of GDP. Recently the CBO said that at the end of 2012 we would be near 70% of GDP. There certainly is time to fix what ails the country if we get seriuos. We certainly cannot tax enough to pay off the debt, but we can tax appropriatly while growing the economy, and cutting spending which will not only shrink the debt to GDP ratio but also pay down that debt. But the debt was not created in one day and we should certainly not try to pay it off in one day.
$639 trillion in derivatives.. 3-5 light years, maybe.
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Old 11-14-2012, 03:53 PM   #33
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$639 trillion in derivatives.. 3-5 light years, maybe.
What does distance have to do with any of this?
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Old 11-14-2012, 04:31 PM   #34
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What does distance have to do with any of this?
Anytime your trying to get from here to there, it requires distance.

We are closer to colonizing a planet 3 light years away, than we are to paying this debt off.
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Fascism is a religion of the state. It assumes the organic unity of the body politic and longs for a national leader attuned to the will of the people. It is totalitarian in that it views everything as political and holds that any action by the state is justified to achieve the common good. It takes responsibility for all aspects of life, including our health and well-being, and seeks to impose uniformity of thought and action, whether by force or through regulation and social pressure. Everything, including economy and religion, must be aligned with its objectives.
Old 11-14-2012, 04:38 PM   #35
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Anytime your trying to get from here to there, it requires distance.

We are closer to colonizing a planet 3 light years away, than we are to paying this debt off.

It also requires TIME. But nice cover!

Look, the debt will never be paid off....at this point, all we can do is hope to slow how quickly we add to it.

Like others have said...its taken a long time to get to this point, and it'll take a long time...regardless of party in control...but rather an effort by the country as a united entity...to do anything significant about it.
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Old 11-14-2012, 04:48 PM   #36
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It also requires TIME. But nice cover!
Hey, I do what I can with limited time..

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Look, the debt will never be paid off....at this point, all we can do is hope to slow how quickly we add to it.
Well, we just went pedal-to-the-metal..

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Like others have said...its taken a long time to get to this point, and it'll take a long time...regardless of party in control...but rather an effort by the country as a united entity...to do anything significant about it.
Thge ONLY thing that can be done is to expose and expunge the insolvent mega-banks, expose and arrest the corrupt criminals in congress, replace the entire tax code with something realistic.

So nope, nothing will get done. If your in dollars, get out.
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Fascism is a religion of the state. It assumes the organic unity of the body politic and longs for a national leader attuned to the will of the people. It is totalitarian in that it views everything as political and holds that any action by the state is justified to achieve the common good. It takes responsibility for all aspects of life, including our health and well-being, and seeks to impose uniformity of thought and action, whether by force or through regulation and social pressure. Everything, including economy and religion, must be aligned with its objectives.
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