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Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: January/31/2012 at 17:57
rustic View Drop Down
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What is like putting a band-aid on a broken arm because you think your foot hurts?

The whole federal government has it's priority's all screwed up... both party's.
There is no doubt that Bush and congress over spent money we didn't have on his watch just look at things he started and left for the next guy. Bush started the tarp bailouts(total and utter failure) auto bailouts(the Treasury Department recently revised its loss estimate for the Government Motors bailout from $14.33 billion to $23.6 billion.) Plenty of others from earlier like Bush's prescription drug plan to his aid for Africa all with money we did not have to begin with. But, every president lately is out spending the one before does that make any sense?
Plenty of blame to go around. No use crying over spilled milk the Bush years are OVER... three years ago!!!

We ARE in the President Obama Years Now!!! For THREE years now. How are the President Obama years stacking up???
During President Obama's first two years in office, with a democrat controlled white house, senate and house of representatives... the U.S. government added more to the U.S. national debt than the first 100 U.S. Congresses combined.
During fiscal year 2011, the U.S. government spent 3.7 trillion dollars but it only brought in 2.4 trillion dollars. HYPOTHETICAL: Ok, you can liquidate and take 100% of the total worth of the top 10% of americans and apply that to the 2011 debt that would make 2011 even or so... give or take. Now the top 10% are penniless. Ok, now what about the debt from 2009 and 2010? Not to even mention the whole debt and don't forget those unfunded liabilities.Who do you tax next for the rest of the national debt let alone the day to day operations of the federal government?

With the total worth of the top 10% of americans being 1.2-1.5 trillion give or take and two wars being somewhere around 1 trillion apiece give or take... all three are just a drop in the bucket in the bigger scheme of things.
If Bill Gates gave every penny of his fortune to the U.S. government, it would only cover the U.S. 2011 budget deficit for less than 15 days.

According to Professor Laurence J. Kotlikoff, the U.S. is facing a "fiscal gap" of over 200 trillion dollars in the future. The following is a brief excerpt from a recent article that he did for CNN...
"The government's total indebtedness – its fiscal gap – now stands at $211 trillion, by my arithmetic. The fiscal gap is the difference, measured in present value, between all projected future spending obligations – including our huge defense expenditures and massive entitlement programs, as well as making interest and principal payments on the official debt – and all projected future taxes."
In fact, Barack Obama says that we need to raise the debt limit by another 1.2 trillion dollars.

You can't blame it all on any one group of tax payer they all have their place... blame it all on the federal government they are ones who set up the taxing and spending in this country! They are the slimy bastards who set up the whole tax code which just has been one huge stupid joke after the next ever since the progressive tax was introduced a flat tax or http://en.wikipedia.org/wiki/Laffer_curve is much fairer. That way everyone is paying the same percentage no matter income hence... ending this class warfare. The country is 15+ trillion in debt plus in what now exceeds 117 TRILLION dollars of future unfunded liabilities(total unfunded liabilities of the United States government, including future social security and medicare payments that the U.S. government is already committed to pay out and even more if you throw in things like welfare, unemployment, disability or food stamps etc.) which happens to be much more than the entire GDP of the whole world.


Thomas Jefferson said that if he could add one more amendment to the U.S. Constitution it would be a ban on all government borrowing...
"I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of its Constitution; I mean an additional article, taking from the federal government the power of borrowing."
Where would we be today if we had listened to Thomas Jefferson?
Instead of listening to the warnings of our founding fathers, now we are in debt hell..."

"A staggering 48.5% of all Americans live in a household that receives some form of government benefits. Back in 1983, that number was below 30 percent."

"We are almost at the point where more than half our population receives some kind of government handout, whether welfare, Social Security, unemployment, disability or food stamps". That in turn means with over 50% of American citizens(not including illegal aliens also getting unjustified benefits from sanctuary city's) on the government dole and will of course vote for politicians that will continue these costly and hugely wasteful government programs. <With that being so, everyone better get their "house in order" because it is truly all down/up hill(depending on how you look at it.)from here... what happens when no one will loan money to the United states anymore?? We are already borrowing 45-50 cents of every dollar to pay off past debts lets see... borrowing money to pay the interest of already borrowed money. How can that possibly work for the good of anyone in this county? http://www.usdebtclock.org/ No two ways about it... we are so screwed!

A few illustrations of what 1 trillion dollars looks like and how far it will go.
http://www.dailycognition.com/index.php/2009/03/25/what-1-trillion-dollars-looks-like-in-dollar-bills.html
http://www.mint.com/blog/trends/visualizing-one-trillion-dollars/
http://100777.com/node/455
http://www.freerepublic.com/focus/f-news/2241830/posts

Now what 114.5 Trillion Dollars trillion looks like
http://usdebt.kleptocracy.us/

Edited by rustic - February/04/2012 at 12:20
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: January/31/2012 at 19:32
tahqua View Drop Down
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Rustic, are the words that are not quoted yours? Is this a copy and paste email?
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: January/31/2012 at 19:45
rustic View Drop Down
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Originally posted by tahqua tahqua wrote:

Rustic, are the words that are not quoted yours? Is this a copy and paste email?


Yes, they are with quotes and links mixed in.
Not an copy and paste email just my thoughts in spite of the bad grammar.
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: February/01/2012 at 08:21
Pea_Nut View Drop Down
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This post is a violation of the rules
Specifically # 4
4.  No religious discussions or politics unless it relates to guns, optics, and or shooting.
 
 
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: February/01/2012 at 09:35
rustic View Drop Down
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Originally posted by Pea_Nut Pea_Nut wrote:

This post is a violation of the rules
Specifically # 4
4.  No religious discussions or politics unless it relates to guns, optics, and or shooting.
 
 


Almost Anything Goes
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Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: February/01/2012 at 09:37
SVT_Tactical View Drop Down
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Originally posted by rustic rustic wrote:

Originally posted by Pea_Nut Pea_Nut wrote:

This post is a violation of the rules
Specifically # 4
4.  No religious discussions or politics unless it relates to guns, optics, and or shooting.
 
 


Almost Anything Goes
Non OpticsTalk Talk
yeah the rules still apply in here.  its not a pick and choose thing. 
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: February/01/2012 at 09:52
rustic View Drop Down
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Originally posted by SVT_Tactical SVT_Tactical wrote:

Originally posted by rustic rustic wrote:

Originally posted by Pea_Nut Pea_Nut wrote:

This post is a violation of the rules
Specifically # 4
4.  No religious discussions or politics unless it relates to guns, optics, and or shooting.
 
 


Almost Anything Goes
Non OpticsTalk Talk
yeah the rules still apply in here.  its not a pick and choose thing. 


I guess, the post maybe somewhat political but, fully non-partisan and all about the numbers.
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: February/01/2012 at 15:23
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I think it would be ok if you continued on, on this thread. I'm just not sure you will get much participation though.
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: February/01/2012 at 18:21
dsr View Drop Down
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The worst is we (you and me) allowed this to happen. It's our fault for allowing the politicians to get away with accounting tricks to hide the magnitude of the problem.
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: February/01/2012 at 18:36
rustic View Drop Down
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Originally posted by dsr dsr wrote:

The worst is we (you and me) allowed this to happen. It's our fault for allowing the politicians to get away with accounting tricks to hide the magnitude of the problem.


So very true and always with attitudes like - "nothing I can do about it" - "I don't feel like voting today, just one vote will not matter" - and letting the media do our thinking for us and so on.  


Edited by rustic - February/01/2012 at 18:58
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: February/01/2012 at 18:53
dsr View Drop Down
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I have thought about calculating how many years it would take so that some where in the universe a sphere whose outer edge of stacks of money is expanding at the speed of light. Any guesses as to if gravity forces it into a black hole before the outr edge reaches the speed of light? We use to call those numbrs astronomical numbrs maybe we should call debtor numbers.
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: February/01/2012 at 19:23
rustic View Drop Down
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Originally posted by dsr dsr wrote:

I have thought about calculating how many years it would take so that some where in the universe a sphere whose outer edge of stacks of money is expanding at the speed of light. Any guesses as to if gravity forces it into a black hole before the outr edge reaches the speed of light? We use to call those numbrs astronomical numbrs maybe we should call debtor numbers.


You would have do it on the run because the number are far from sitting still from second to second http://www.usdebtclock.org/ .
You do that? ........ I would just have to call you .................... GOOOOO ------------- DDD!!!!!

Astronomical? might be getting too small... prodigious? Na! Webster needs to make a new word!!
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: February/01/2012 at 20:02
dsr View Drop Down
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That is what calculus is for. I don't know how to do the black hole calculation. The rest is straight forward.
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: February/03/2012 at 22:38
rustic View Drop Down
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http://www.telegraph.co.uk/news/worldnews/barackobama/9045587/Barack-Obama-is-trying-to-make-the-US-a-more-socialist-state.html

BY THE NUMBERS: The ONLY honest part of the problem we are all in.
A nonpartisan look at the article it is clear to see Europe is extremely desperate. The only thing holding them up is Germany backed by the IMF that - in turn is mostly backed by the United States(which is already borrowed money) that in turn - with the United States already drowning in red ink that in turn - is part held up by a Chinese economy that is fading because it's people will sooner or later no longer want to live a 3rd world living(wages,poor food/water,etc.) The other part is held up by our Fed already being beyond corrupt which by law does not have to be transparent of it's internal working in any real way. So, a total collapse is most likely is not going to be even seen until it is at our doorstep... it may be already here.
Once the US fails there is NO recovery... the rest of the world does NOT have enough money to bail the US out... fuzzy math or not.

I agree the US is past it's peak. Our debt that WE LET OUR politicians incur!! Is far too large to ever pay back thus putting a huge impediment on every idea/action this nation thinks up that in turn puts unbearable taxes and restrictions on the private business sector then it is only epic fail from there on out.
Don't want to be the doom and gloom guy. Afraid "The inevitable" is already here hope not but, the illustrations I posted earlier say what is irrefutably true.

Could of - would of - should of...
"I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of its Constitution; I mean an additional article, taking from the federal government the power of borrowing."
-Thomas Jefferson
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: February/04/2012 at 12:22
rustic View Drop Down
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This country was formed because of the very same reason we have to deal with now.
It is truly insane... Europe being about as stable as Lindsay Lohan on an binge coached by Charlie Sheen to be normal. Taxation without representation or to clarify... they have gotten themselves(governments) in trouble(whether they realize it or not) and the only way they see out is more taxes to cover up their mistakes/corruption(the latter most likely what is true).
All these problems Europe has had and continues to have - two world wars, countless scandals, a constant changing of governments, many many unstable currency's the Euro being the latest, religious unrest, and on and on. All of this happened and is happening to this day... they still think they are the "cream of the crop" in the world today and worse yet there are some over here that AGREE!
We do need to go back to the future... back to the time when this country was it's own country. Hate to say it, as a country if we envy any part of European government/industry/private sector and seek to be more like them. We are done for. They have had century's of history to teach themselves it all has amounted to is an... epic fail why would we want to copy what plainly does not work in any way.
I hate to be so dogmatic but, Europe is nothing but an unsolvable mess they have had century's to hone their society. It goes back the old saying "doing something the same over and over again but, expecting a different result" INSANE! We only have two century's under our belt as country and we are going the way of... Europe! What does that make us... stupidly insane??
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