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Thread: Raise the debt ceiling, kick the can down the road and let our kids pay

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  1. #1
    Senior Robin Hood Guy Ian Gills's Avatar
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    Default Raise the debt ceiling, kick the can down the road and let our kids pay

    The $14.3 trillion debt ceiling has already been exceeded and will expire on 2 August. If it is not increased, there might be a default and interest rates could rise. When the economy and housing markets are already as bad as they are...

    This is a problem.

    But some of you would rather whine and whinge about passing debt on to your children....even your grandhchildren.

    Well, here is a message from them beyond the womb. They'll take care of the debt if we take care of their health, education and employment opportunities.

    Besides, your parents passed their debt on to you.

    So ignore the hype, don't treat your kids as victims and raise the debt ceiling. If you're that worried about the deficit then close the tax loopholes on the wealthy and tax the rich.

    The only people complaining about higher taxes on the rich are....the rich. And there are not many of them.

    So Man Up America!
    Last edited by Ian Gills; 07-07-2011 at 05:45 PM.

  2. #2
    Master Plumber master plumber mark's Avatar
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    Default how the hell did you do this

    Ians corner???


    how in the hell did you get a whole column named after you.
    what did you do get cookie banned?

    ...


    I do agreee with you,
    let the federal reserve print all the moeny they want to ...
    .. its all a joke anyway

  3. #3
    Senior Robin Hood Guy Ian Gills's Avatar
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    Default

    Thanks Mark. This country needs more liberals like you.

    I am not sure why Cookie left.

    I got my own part of the forum after Don and Redwood suggested I should have my own spot.

    They're big fans you know.

  4. #4
    Jack of all trades DonL's Avatar
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    Default

    Quote Originally Posted by Ian Gills View Post
    Thanks Mark. This country needs more liberals like you.

    I am not sure why Cookie left.

    I got my own part of the forum after Don and Redwood suggested I should have my own spot.

    They're big fans you know.
    I hope that you enjoy it Ian.

    At least now everyone knows where to go, When they want to hear you Piss and Moan.


    Enjoy Your Day.


    DonL
    Theory only works perfect in a vacuum.

    Cyber Security Protection for Windows C:\ > WWW.WinForce.Net

  5. #5
    In the Trades Tom Sawyer's Avatar
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    Default

    Well you have hit the nail squarely Ian. 14 trillion is a huge number. If you were to gather all of the currency in the world from every country you could not come up with 14 trillion dollars. It is a staggering amount of anything. It is for all intents and purposes a fictional number that has no meaning to anybody except those attempting to gain political advantage. This is why all the hype over buying gold is a crock. Gold has no more value than what investors decide to give it, paper money's only true value is in the faith that the holder has towards the government issuing it. The simple truth is that sooner or later cash will be totally useless. I say take that 14 trillion, draw a big x through it and start over again. when I was much younger and still in school a billion was a very very big number. There were only a handful of corporations worth that kind of money, now we speak of trillions as though having a trillion dollars is common. I think that while your comments may have been in jest you are closer to the truth than you may think. Go ahead and raise the debt, raise it to a trillion trillion and let the chips fall where they may because whether it's 100 trillion or 14 trillion it is a debt that will never ever actually be paid down, hell the interest alone keeps that from happening.

  6. #6
    Master Plumber master plumber mark's Avatar
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    Default and who are you paying the interest to???

    it amazes me that one group of people on this planet has
    the rest of us by the balls...... and we say thanks to them


    the elite families that feel it is their birth-right to
    print money out of thin air and sell it to the governments
    of the world are the ones who are collecting the interest.

    they run this planet, and all your politicians are just pawns
    and stooges who do what they are told to do.....




    watch this video about fractional=reserve=banking if you
    want an education on who we are in debt to.......





    http://video.google.com/videoplay?do...19560256183936

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