(10-09-2013 12:30 PM)VA49er Wrote:  

(10-09-2013 11:09 AM)firmbizzle Wrote:  

(10-09-2013 10:51 AM)VA49er Wrote:  

(10-09-2013 10:47 AM)firmbizzle Wrote:  You Cons really don't understand how this works. If YOU have a $100 limit on YOUR credit card and spend $100, YOU can't spend anymore. Why? YOU have no control on the currency that you pay the card back with. In the case of the debt ceiling, the United States holds the reserve currency. Meaning that we exclusively determine how and when our creditors get paid back. YOU can't do that. All currency in the world is pegged to the dollar. This is why the amount of debt we have really doesn't matter and why people/countries will continue to loan us money. They are still buying Treasury bonds. We actually need to be borrowing more money right now because interest rates are so low and using that to repair our infrastructure. Tea Party Patriots have it all wrong.

http://en.wikipedia.org/wiki/Reserve_currency

First of all, all global currencies are not pegged to the US dollar. Only around 17 out of around 182 currencies are pegged to the dollar last time I checked. Also, just because we have the capability to dictate some terms does not mean we should. Quite the opposite. Further, what happens when the US dollar is no longer the reserve currency? Are we just screwed then or do we start acting like big boys and do something about the debt now?

As long as we are the world's leading Superpower, we will hold the reserve currency. When we stop being that, then we have bigger problems than the debt.

Keep borrowing more money. Remember, we are the good guys in the world's best defense. We create the security for the free market to work. Most of our debt comes from that. We should be sending everyone a bill.

Our economy allows us hold the reserve currency. If the economy continues in the clinker more nations will start to look elsewhere, like China, for a reserve currency. Granted, that may be a long way off but nations are actively discussing and contemplating such a move. That wasn't the case even a decade ago. Things our govt does now will have a direct impact on many things in the future, namely our status as a reserve currency holder. Do you think other nations will continually have faith in the dollar given what seems like annual debt limit confrontations, etc?

Then why do the tea baggers want the economy to crash?

(10-09-2013 12:38 PM)RobertN Wrote:  

(10-09-2013 12:30 PM)VA49er Wrote:  

(10-09-2013 11:09 AM)firmbizzle Wrote:  

(10-09-2013 10:51 AM)VA49er Wrote:  

(10-09-2013 10:47 AM)firmbizzle Wrote:  You Cons really don't understand how this works. If YOU have a $100 limit on YOUR credit card and spend $100, YOU can't spend anymore. Why? YOU have no control on the currency that you pay the card back with. In the case of the debt ceiling, the United States holds the reserve currency. Meaning that we exclusively determine how and when our creditors get paid back. YOU can't do that. All currency in the world is pegged to the dollar. This is why the amount of debt we have really doesn't matter and why people/countries will continue to loan us money. They are still buying Treasury bonds. We actually need to be borrowing more money right now because interest rates are so low and using that to repair our infrastructure. Tea Party Patriots have it all wrong.

http://en.wikipedia.org/wiki/Reserve_currency

First of all, all global currencies are not pegged to the US dollar. Only around 17 out of around 182 currencies are pegged to the dollar last time I checked. Also, just because we have the capability to dictate some terms does not mean we should. Quite the opposite. Further, what happens when the US dollar is no longer the reserve currency? Are we just screwed then or do we start acting like big boys and do something about the debt now?

As long as we are the world's leading Superpower, we will hold the reserve currency. When we stop being that, then we have bigger problems than the debt.

Keep borrowing more money. Remember, we are the good guys in the world's best defense. We create the security for the free market to work. Most of our debt comes from that. We should be sending everyone a bill.

Our economy allows us hold the reserve currency. If the economy continues in the clinker more nations will start to look elsewhere, like China, for a reserve currency. Granted, that may be a long way off but nations are actively discussing and contemplating such a move. That wasn't the case even a decade ago. Things our govt does now will have a direct impact on many things in the future, namely our status as a reserve currency holder. Do you think other nations will continually have faith in the dollar given what seems like annual debt limit confrontations, etc?

Then why do the tea baggers want the economy to crash?

Our govt's current inability to compromise on anything, but mainly the debt/spending issue, may eventually lead to a default. If that happens credit derivatives (look it up) will explode and set off repercusions in world wide financial markets. This, on top of the recent financial crises, will continue to diminish the world's peception of the US as reserve currency bearer. The currecny will just be too volatile to be considered stable. I don't agree with some of tea party issues, but the need to control our debt is one I do agree with. The tea baggers, allbeit in a confrontational manner, want exactly the opposide of what you postulated above.

(10-09-2013 12:46 PM)VA49er Wrote:  

(10-09-2013 12:38 PM)RobertN Wrote:  

(10-09-2013 12:30 PM)VA49er Wrote:  

(10-09-2013 11:09 AM)firmbizzle Wrote:  

(10-09-2013 10:51 AM)VA49er Wrote:  First of all, all global currencies are not pegged to the US dollar. Only around 17 out of around 182 currencies are pegged to the dollar last time I checked. Also, just because we have the capability to dictate some terms does not mean we should. Quite the opposite. Further, what happens when the US dollar is no longer the reserve currency? Are we just screwed then or do we start acting like big boys and do something about the debt now?

As long as we are the world's leading Superpower, we will hold the reserve currency. When we stop being that, then we have bigger problems than the debt.

Keep borrowing more money. Remember, we are the good guys in the world's best defense. We create the security for the free market to work. Most of our debt comes from that. We should be sending everyone a bill.

Our economy allows us hold the reserve currency. If the economy continues in the clinker more nations will start to look elsewhere, like China, for a reserve currency. Granted, that may be a long way off but nations are actively discussing and contemplating such a move. That wasn't the case even a decade ago. Things our govt does now will have a direct impact on many things in the future, namely our status as a reserve currency holder. Do you think other nations will continually have faith in the dollar given what seems like annual debt limit confrontations, etc?

Then why do the tea baggers want the economy to crash?

Our govt's current inability to compromise on anything, but mainly the debt/spending issue, may eventually lead to a default. If that happens credit derivatives (look it up) will explode and set off repercusions in world wide financial markets. This, on top of the recent financial crises, will continue to diminish the world's peception of the US as reserve currency bearer. The currecny will just be too volatile to be considered stable. I don't agree with some of tea party issues, but the need to control our debt is one I do agree with. The tea baggers, allbeit in a confrontational manner, want exactly the opposide of what you postulated above.

So you stand with the tea party in destroying our and the world economy. Thanks for clarifying(though I already knew that is where you stood).

(10-09-2013 12:52 PM)RobertN Wrote:  

(10-09-2013 12:46 PM)VA49er Wrote:  

(10-09-2013 12:38 PM)RobertN Wrote:  

(10-09-2013 12:30 PM)VA49er Wrote:  

(10-09-2013 11:09 AM)firmbizzle Wrote:  As long as we are the world's leading Superpower, we will hold the reserve currency. When we stop being that, then we have bigger problems than the debt.

Keep borrowing more money. Remember, we are the good guys in the world's best defense. We create the security for the free market to work. Most of our debt comes from that. We should be sending everyone a bill.

Our economy allows us hold the reserve currency. If the economy continues in the clinker more nations will start to look elsewhere, like China, for a reserve currency. Granted, that may be a long way off but nations are actively discussing and contemplating such a move. That wasn't the case even a decade ago. Things our govt does now will have a direct impact on many things in the future, namely our status as a reserve currency holder. Do you think other nations will continually have faith in the dollar given what seems like annual debt limit confrontations, etc?

Then why do the tea baggers want the economy to crash?

Our govt's current inability to compromise on anything, but mainly the debt/spending issue, may eventually lead to a default. If that happens credit derivatives (look it up) will explode and set off repercusions in world wide financial markets. This, on top of the recent financial crises, will continue to diminish the world's peception of the US as reserve currency bearer. The currecny will just be too volatile to be considered stable. I don't agree with some of tea party issues, but the need to control our debt is one I do agree with. The tea baggers, allbeit in a confrontational manner, want exactly the opposide of what you postulated above.

So you stand with the tea party in destroying our and the world economy. Thanks for clarifying(though I already knew that is where you stood).

So, when does the piling up of debt end?

(10-09-2013 12:52 PM)RobertN Wrote:  

(10-09-2013 12:46 PM)VA49er Wrote:  

(10-09-2013 12:38 PM)RobertN Wrote:  

(10-09-2013 12:30 PM)VA49er Wrote:  

(10-09-2013 11:09 AM)firmbizzle Wrote:  As long as we are the world's leading Superpower, we will hold the reserve currency. When we stop being that, then we have bigger problems than the debt.

Keep borrowing more money. Remember, we are the good guys in the world's best defense. We create the security for the free market to work. Most of our debt comes from that. We should be sending everyone a bill.

Our economy allows us hold the reserve currency. If the economy continues in the clinker more nations will start to look elsewhere, like China, for a reserve currency. Granted, that may be a long way off but nations are actively discussing and contemplating such a move. That wasn't the case even a decade ago. Things our govt does now will have a direct impact on many things in the future, namely our status as a reserve currency holder. Do you think other nations will continually have faith in the dollar given what seems like annual debt limit confrontations, etc?

Then why do the tea baggers want the economy to crash?

Our govt's current inability to compromise on anything, but mainly the debt/spending issue, may eventually lead to a default. If that happens credit derivatives (look it up) will explode and set off repercusions in world wide financial markets. This, on top of the recent financial crises, will continue to diminish the world's peception of the US as reserve currency bearer. The currecny will just be too volatile to be considered stable. I don't agree with some of tea party issues, but the need to control our debt is one I do agree with. The tea baggers, allbeit in a confrontational manner, want exactly the opposide of what you postulated above.

So you stand with the tea party in destroying our and the world economy. Thanks for clarifying(though I already knew that is where you stood).

No, I stand with doing something about the debt, which is the only sensible thing to do if the US wants to contain it's stature as a reserve currency bearer.

(10-09-2013 12:30 PM)VA49er Wrote:  

(10-09-2013 11:09 AM)firmbizzle Wrote:  

(10-09-2013 10:51 AM)VA49er Wrote:  

(10-09-2013 10:47 AM)firmbizzle Wrote:  You Cons really don't understand how this works. If YOU have a $100 limit on YOUR credit card and spend $100, YOU can't spend anymore. Why? YOU have no control on the currency that you pay the card back with. In the case of the debt ceiling, the United States holds the reserve currency. Meaning that we exclusively determine how and when our creditors get paid back. YOU can't do that. All currency in the world is pegged to the dollar. This is why the amount of debt we have really doesn't matter and why people/countries will continue to loan us money. They are still buying Treasury bonds. We actually need to be borrowing more money right now because interest rates are so low and using that to repair our infrastructure. Tea Party Patriots have it all wrong.

http://en.wikipedia.org/wiki/Reserve_currency

First of all, all global currencies are not pegged to the US dollar. Only around 17 out of around 182 currencies are pegged to the dollar last time I checked. Also, just because we have the capability to dictate some terms does not mean we should. Quite the opposite. Further, what happens when the US dollar is no longer the reserve currency? Are we just screwed then or do we start acting like big boys and do something about the debt now?

As long as we are the world's leading Superpower, we will hold the reserve currency. When we stop being that, then we have bigger problems than the debt.

Keep borrowing more money. Remember, we are the good guys in the world's best defense. We create the security for the free market to work. Most of our debt comes from that. We should be sending everyone a bill.

Our economy allows us hold the reserve currency. If the economy continues in the clinker more nations will start to look elsewhere, like China, for a reserve currency.

Our security and stability allow us to have this economy. Now is the time to borrow money while it's cheap and pay it back when the economy is going full steam again.

If the Debt Ceiling is not raised, America will suffer. We have already spent the money the debt ceiling needs to be raised to cover. We fail to increase it, then the U.S.'s credit rating takes another hit and the value of the dollar continues to drop. The value of the dollar drops and our economy suffers even more.

I'm not sure why this is such a difficult concept.

(10-09-2013 12:57 PM)Smaug Wrote:  

(10-09-2013 12:52 PM)RobertN Wrote:  

(10-09-2013 12:46 PM)VA49er Wrote:  

(10-09-2013 12:38 PM)RobertN Wrote:  

(10-09-2013 12:30 PM)VA49er Wrote:  Our economy allows us hold the reserve currency. If the economy continues in the clinker more nations will start to look elsewhere, like China, for a reserve currency. Granted, that may be a long way off but nations are actively discussing and contemplating such a move. That wasn't the case even a decade ago. Things our govt does now will have a direct impact on many things in the future, namely our status as a reserve currency holder. Do you think other nations will continually have faith in the dollar given what seems like annual debt limit confrontations, etc?

Then why do the tea baggers want the economy to crash?

Our govt's current inability to compromise on anything, but mainly the debt/spending issue, may eventually lead to a default. If that happens credit derivatives (look it up) will explode and set off repercusions in world wide financial markets. This, on top of the recent financial crises, will continue to diminish the world's peception of the US as reserve currency bearer. The currecny will just be too volatile to be considered stable. I don't agree with some of tea party issues, but the need to control our debt is one I do agree with. The tea baggers, allbeit in a confrontational manner, want exactly the opposide of what you postulated above.

So you stand with the tea party in destroying our and the world economy. Thanks for clarifying(though I already knew that is where you stood).

So, when does the piling up of debt end?

As soon as we start taking in more than we are spending?

(10-09-2013 01:04 PM)RobertN Wrote:  

(10-09-2013 12:57 PM)Smaug Wrote:  

(10-09-2013 12:52 PM)RobertN Wrote:  

(10-09-2013 12:46 PM)VA49er Wrote:  

(10-09-2013 12:38 PM)RobertN Wrote:  Then why do the tea baggers want the economy to crash?

Our govt's current inability to compromise on anything, but mainly the debt/spending issue, may eventually lead to a default. If that happens credit derivatives (look it up) will explode and set off repercusions in world wide financial markets. This, on top of the recent financial crises, will continue to diminish the world's peception of the US as reserve currency bearer. The currecny will just be too volatile to be considered stable. I don't agree with some of tea party issues, but the need to control our debt is one I do agree with. The tea baggers, allbeit in a confrontational manner, want exactly the opposide of what you postulated above.

So you stand with the tea party in destroying our and the world economy. Thanks for clarifying(though I already knew that is where you stood).

So, when does the piling up of debt end?

As soon as we start taking in more than we are spending?

NO! TAXES BAD! GET RID OF TAXES! ESPECIALLY DON'T TAX THE RICH! HISSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS

(10-09-2013 01:01 PM)firmbizzle Wrote:  

(10-09-2013 12:30 PM)VA49er Wrote:  

(10-09-2013 11:09 AM)firmbizzle Wrote:  

(10-09-2013 10:51 AM)VA49er Wrote:  

(10-09-2013 10:47 AM)firmbizzle Wrote:  You Cons really don't understand how this works. If YOU have a $100 limit on YOUR credit card and spend $100, YOU can't spend anymore. Why? YOU have no control on the currency that you pay the card back with. In the case of the debt ceiling, the United States holds the reserve currency. Meaning that we exclusively determine how and when our creditors get paid back. YOU can't do that. All currency in the world is pegged to the dollar. This is why the amount of debt we have really doesn't matter and why people/countries will continue to loan us money. They are still buying Treasury bonds. We actually need to be borrowing more money right now because interest rates are so low and using that to repair our infrastructure. Tea Party Patriots have it all wrong.

http://en.wikipedia.org/wiki/Reserve_currency

First of all, all global currencies are not pegged to the US dollar. Only around 17 out of around 182 currencies are pegged to the dollar last time I checked. Also, just because we have the capability to dictate some terms does not mean we should. Quite the opposite. Further, what happens when the US dollar is no longer the reserve currency? Are we just screwed then or do we start acting like big boys and do something about the debt now?

As long as we are the world's leading Superpower, we will hold the reserve currency. When we stop being that, then we have bigger problems than the debt.

Keep borrowing more money. Remember, we are the good guys in the world's best defense. We create the security for the free market to work. Most of our debt comes from that. We should be sending everyone a bill.

Our economy allows us hold the reserve currency. If the economy continues in the clinker more nations will start to look elsewhere, like China, for a reserve currency.

Our security and stability allow us to have this economy. Now is the time to borrow money while it's cheap and pay it back when the economy is going full steam again.

The military has an impact, but I would suggest our economy allows us to prevent military confrontation more at this point in our history than ever before. Not talking about rouge nations like Iraq, Iran, etc. Talking more about potential military conflicts with the likes of China, Russia, etc. There is more to lose economically by those large countries, due to their reliance on the US economoy, than there is to gain via any military strike. That is reason enough to keep the US economy strong. Our govt constantly deadlocked over the debt situation is not good for the economy.

(10-09-2013 01:02 PM)mathenis89 Wrote:  If the Debt Ceiling is not raised, America will suffer. We have already spent the money the debt ceiling needs to be raised to cover. We fail to increase it, then the U.S.'s credit rating takes another hit and the value of the dollar continues to drop. The value of the dollar drops and our economy suffers even more.

I'm not sure why this is such a difficult concept.

Obama will have to increase the debt ceiling himself and I believe that is what Boehner's end game plan is. It's the least unconstitutional thing Obama can do to pay off the debt. He could also sell federal property or raises taxes, but that won't happen. Raise da roof.

(10-09-2013 01:05 PM)firmbizzle Wrote:  

(10-09-2013 01:02 PM)mathenis89 Wrote:  If the Debt Ceiling is not raised, America will suffer. We have already spent the money the debt ceiling needs to be raised to cover. We fail to increase it, then the U.S.'s credit rating takes another hit and the value of the dollar continues to drop. The value of the dollar drops and our economy suffers even more.

I'm not sure why this is such a difficult concept.

Obama will have to increase the debt ceiling himself and I believe that is what Boehner's end game plan is. It's the least unconstitutional thing Obama can do to pay off the debt. He could also sell federal property or raises taxes, but that won't happen. Raise da roof.

I've read where there are billions worth of unused or underused govt buildings that could be sold. Problem is, some law prevents the govt from doing just that. Selling those buildings would be a good start.

(10-09-2013 12:59 PM)VA49er Wrote:  

(10-09-2013 12:52 PM)RobertN Wrote:  

(10-09-2013 12:46 PM)VA49er Wrote:  

(10-09-2013 12:38 PM)RobertN Wrote:  

(10-09-2013 12:30 PM)VA49er Wrote:  Our economy allows us hold the reserve currency. If the economy continues in the clinker more nations will start to look elsewhere, like China, for a reserve currency. Granted, that may be a long way off but nations are actively discussing and contemplating such a move. That wasn't the case even a decade ago. Things our govt does now will have a direct impact on many things in the future, namely our status as a reserve currency holder. Do you think other nations will continually have faith in the dollar given what seems like annual debt limit confrontations, etc?

Then why do the tea baggers want the economy to crash?

Our govt's current inability to compromise on anything, but mainly the debt/spending issue, may eventually lead to a default. If that happens credit derivatives (look it up) will explode and set off repercusions in world wide financial markets. This, on top of the recent financial crises, will continue to diminish the world's peception of the US as reserve currency bearer. The currecny will just be too volatile to be considered stable. I don't agree with some of tea party issues, but the need to control our debt is one I do agree with. The tea baggers, allbeit in a confrontational manner, want exactly the opposide of what you postulated above.

So you stand with the tea party in destroying our and the world economy. Thanks for clarifying(though I already knew that is where you stood).

No, I stand with doing something about the debt, which is the only sensible thing to do if the US wants to contain it's stature as a reserve currency bearer.

So crashing the world economy is the best way to accomplish this?

(10-09-2013 01:05 PM)firmbizzle Wrote:  

(10-09-2013 01:02 PM)mathenis89 Wrote:  If the Debt Ceiling is not raised, America will suffer. We have already spent the money the debt ceiling needs to be raised to cover. We fail to increase it, then the U.S.'s credit rating takes another hit and the value of the dollar continues to drop. The value of the dollar drops and our economy suffers even more.

I'm not sure why this is such a difficult concept.

Obama will have to increase the debt ceiling himself and I believe that is what Boehner's end game plan is. It's the least unconstitutional thing Obama can do to pay off the debt. He could also sell federal property or raises taxes, but that won't happen. Raise da roof.

I'm really sick of this belief from the Right that Taxes are the devil. Taxes serve a very useful purpose. The Netherlands pay high taxes, but guess what? Free healthcare. Free college/university. Rock bottom homeless rates.

It's ridiculous.

(10-09-2013 01:07 PM)RobertN Wrote:  

(10-09-2013 12:59 PM)VA49er Wrote:  

(10-09-2013 12:52 PM)RobertN Wrote:  

(10-09-2013 12:46 PM)VA49er Wrote:  

(10-09-2013 12:38 PM)RobertN Wrote:  Then why do the tea baggers want the economy to crash?

Our govt's current inability to compromise on anything, but mainly the debt/spending issue, may eventually lead to a default. If that happens credit derivatives (look it up) will explode and set off repercusions in world wide financial markets. This, on top of the recent financial crises, will continue to diminish the world's peception of the US as reserve currency bearer. The currecny will just be too volatile to be considered stable. I don't agree with some of tea party issues, but the need to control our debt is one I do agree with. The tea baggers, allbeit in a confrontational manner, want exactly the opposide of what you postulated above.

So you stand with the tea party in destroying our and the world economy. Thanks for clarifying(though I already knew that is where you stood).

No, I stand with doing something about the debt, which is the only sensible thing to do if the US wants to contain it's stature as a reserve currency bearer.

So crashing the world economy is the best way to accomplish this?

Ok, I see your agenda and there's no getting through to you. I've only scratched the suface of the economic/financial ramifications a debt default would instigate, espeically with regard to our reserve currency. It will be useless for me to dive into a higher level economic and financial discussion with you as you clearly intend to keep spouting this particular talking point.

(10-09-2013 01:04 PM)RobertN Wrote:  

(10-09-2013 12:57 PM)Smaug Wrote:  

(10-09-2013 12:52 PM)RobertN Wrote:  

(10-09-2013 12:46 PM)VA49er Wrote:  

(10-09-2013 12:38 PM)RobertN Wrote:  Then why do the tea baggers want the economy to crash?

Our govt's current inability to compromise on anything, but mainly the debt/spending issue, may eventually lead to a default. If that happens credit derivatives (look it up) will explode and set off repercusions in world wide financial markets. This, on top of the recent financial crises, will continue to diminish the world's peception of the US as reserve currency bearer. The currecny will just be too volatile to be considered stable. I don't agree with some of tea party issues, but the need to control our debt is one I do agree with. The tea baggers, allbeit in a confrontational manner, want exactly the opposide of what you postulated above.

So you stand with the tea party in destroying our and the world economy. Thanks for clarifying(though I already knew that is where you stood).

So, when does the piling up of debt end?

As soon as we start taking in more than we are spending?

Robert, how big an increase in taxes are you willing to personally send to Washington?

(10-09-2013 01:04 PM)RobertN Wrote:  

(10-09-2013 12:57 PM)Smaug Wrote:  

(10-09-2013 12:52 PM)RobertN Wrote:  

(10-09-2013 12:46 PM)VA49er Wrote:  

(10-09-2013 12:38 PM)RobertN Wrote:  Then why do the tea baggers want the economy to crash?

Our govt's current inability to compromise on anything, but mainly the debt/spending issue, may eventually lead to a default. If that happens credit derivatives (look it up) will explode and set off repercusions in world wide financial markets. This, on top of the recent financial crises, will continue to diminish the world's peception of the US as reserve currency bearer. The currecny will just be too volatile to be considered stable. I don't agree with some of tea party issues, but the need to control our debt is one I do agree with. The tea baggers, allbeit in a confrontational manner, want exactly the opposide of what you postulated above.

So you stand with the tea party in destroying our and the world economy. Thanks for clarifying(though I already knew that is where you stood).

So, when does the piling up of debt end?

As soon as we start taking in more than we are spending?

No ****, Sherlock. And when will that be?

(10-09-2013 01:26 PM)Smaug Wrote:  

(10-09-2013 01:04 PM)RobertN Wrote:  

(10-09-2013 12:57 PM)Smaug Wrote:  

(10-09-2013 12:52 PM)RobertN Wrote:  

(10-09-2013 12:46 PM)VA49er Wrote:  Our govt's current inability to compromise on anything, but mainly the debt/spending issue, may eventually lead to a default. If that happens credit derivatives (look it up) will explode and set off repercusions in world wide financial markets. This, on top of the recent financial crises, will continue to diminish the world's peception of the US as reserve currency bearer. The currecny will just be too volatile to be considered stable. I don't agree with some of tea party issues, but the need to control our debt is one I do agree with. The tea baggers, allbeit in a confrontational manner, want exactly the opposide of what you postulated above.

So you stand with the tea party in destroying our and the world economy. Thanks for clarifying(though I already knew that is where you stood).

So, when does the piling up of debt end?

As soon as we start taking in more than we are spending?

No ****, Sherlock. And when will that be?

When we have tax rates that are actually appropriate for the various economic classes.

(10-09-2013 01:27 PM)mathenis89 Wrote:  

(10-09-2013 01:26 PM)Smaug Wrote:  

(10-09-2013 01:04 PM)RobertN Wrote:  

(10-09-2013 12:57 PM)Smaug Wrote:  

(10-09-2013 12:52 PM)RobertN Wrote:  So you stand with the tea party in destroying our and the world economy. Thanks for clarifying(though I already knew that is where you stood).

So, when does the piling up of debt end?

As soon as we start taking in more than we are spending?

No ****, Sherlock. And when will that be?

When we have tax rates that are actually appropriate for the various economic classes.

Right. Even if that were to increase revenue which it wouldn't, you would still have politicians finding new ways to spend it. Balanced Budget Amendment to constitution would be the only way to ensure we spend no more than we take in.

(10-09-2013 01:32 PM)bearcat65 Wrote:  

(10-09-2013 01:27 PM)mathenis89 Wrote:  

(10-09-2013 01:26 PM)Smaug Wrote:  

(10-09-2013 01:04 PM)RobertN Wrote:  

(10-09-2013 12:57 PM)Smaug Wrote:  So, when does the piling up of debt end?

As soon as we start taking in more than we are spending?

No ****, Sherlock. And when will that be?

When we have tax rates that are actually appropriate for the various economic classes.

Right. Even if that were to increase revenue which it wouldn't, you would still have politicians finding new ways to spend it. Balanced Budget Amendment to constitution would be the only way to ensure we spend no more than we take in.

Quote:Right. Even if that were to increase revenue which it wouldn't, you would still have politicians finding new ways to spend it.

Quote:Right. Even if that were to increase revenue which it wouldn't

Quote:increase revenue which it wouldn't

Quote:which it wouldn't

Quote:wouldn't

... What?