"...Dominant Social Theme: We must all pull together to get through this. Let the wisemen lead.
Free-Market Analysis: The debate over the debt ceiling is anything but trivial for the powers-that-be. Political pundits on both sides of the dialectic, along with their media confidants, would like us to believe that there is a real reason for us all to be concerned over the "acceptable level" of debt. Don't worry about the fact that America is already the largest debtor nation in the world. Don't worry that the Fed handed out more than $16 TRILLION in bailouts … just a couple of trillion more and all will be well..."
http://www.thedailybell.com/2737/Debt-C … Real-Point
Sparkling! Are you a fan of Ron Paul? If not, it REALLY sounds like you should check him out!
Hey Evan...yes, I responded to you bringing that up on another thread...I said he is the only one I would vote for at this point...
though he doesn't have all the answers i would like either...but at least he is a huge step in the right direction. It really is up to the people to get more involved and knowledgable now about the whole situation, the constitution and the Fed Res
here is another more centrist view, showing where the
wrongs are on all sides of the issues...where minds and hearts can meet on some common ground and change the landscape of the US
http://www.thedailybell.com/2736/Tibor- … ust-Say-No
by lady_love158 8 years ago
http://www.speaker.gov/blog/?postid=240654We need to cut trillions not billions and unless we do we should not raise the debt ceiling! Obama is spending 4 trillion dollars a year even though historically revenues don't exceed more than 20% of GDP which for now is less than 3 trillion. That means we...
by Gary Anderson 8 years ago
I have been watching the Yahoo boards and people are furious at the Republicans, especially the Tea Party. They are getting the lion's share of the blame for the debt downgrade. Here's why:1. Obama wanted a grand plan. The Republicans rejected it.2. Obama wanted shared sacrifice including taxes for...
by Evan G Rogers 9 years ago
A recent claim by Representative Ron Paul claimed that the US's foreign policy costs just over (just = $21 billion) $1 trillion per year.Politifact.com ran an article ( http://www.politifact.com/truth-o-meter … gn-policy/ ) verifying the claim - read for yourself and see if you agree...
by Mom Kat 7 years ago
Alright, so I have a question & I would appreciate not being attacked. With the debates and election coming up, as usual, one of the big topics is the national deficit.My question is this: Who do we owe that much money to?It keeps going up, why? Where is all of this borrowed money...
by tobey100 8 years ago
Over $14 trillion in deficitApproximately 99% debt to GDP ratioCan you spell depression?Credit rating downgrade9% unemployment20% real unemploymentGas prices skyrocketFood prices skyrocketClothing prices skyrocket1 extra warForeign policy? Really?Lost 600 plus seats in congress to the joy of his...
by Eugene Hardy 7 years ago
14 Trillion Dollars.That is a lot of debt.If we were a house hold with a $15,000.00 debt that the house must pay, or face bankruptcy, then the house and all it’s members must work to together to do it.It will take more than 20 years probably to pay it off, meaning multiple administrations and...
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