Debt Ceiling question

Discussion in 'The Guru's Pub' started by J.B.west, Oct 18, 2013.

  1. DSparil

    DSparil Guest

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    yep. Clinton even had the United States in a surplus. Then W Bush took office and we went to war against "waapons of mass destrukshun". Then the Obaminator inherited a REALLY big credit card when he took office, and he is making full use of it. You're right though Air, we might upset the liberals. Lets keep this talk on the dl. lol
     
    Last edited: Oct 22, 2013
  2. airbud7

    airbud7 Guest

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    Why do I think this^ is the correct way to look at it as an American? (because I am one don't make it right).....

    Thanks Brasky for the new insight on the subject....
     
  3. airbud7

    airbud7 Guest

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    Agree with everything^.... except the W Bush part....He was a new President and they flew 2 jet airliners into the twin towers......It could/would have been different had that not happened!!.......
     
  4. WindtalkerCS

    WindtalkerCS Master Guru

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    You are thinking Afganistan, Iraq didn't do anything but exist, which apparently really bothered Bush.
     

  5. airbud7

    airbud7 Guest

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    What would you do as a new president on 9/11/2001?.......
     
  6. HeavyHemi

    HeavyHemi Guest

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    Obama can't spend a dime that isn't authorized by Congress. Currently, spending authority resides in the GOP House. I think it is remarkably dishonest to solely blame the democrats when the majority of the current debt was enabled under a GOP House, Senate and White House.
     
  7. WindtalkerCS

    WindtalkerCS Master Guru

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    I would have done what Bush did, he went to Afganistan, the country that harbored the people that attacked us. We didn't go into Iraq until 2003, 2 years later and I don't see how you could even relate the 2.
     
  8. airbud7

    airbud7 Guest

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    OK then^...what ever!!!....they killed 3000 americans in NY city in 1 day....
     
  9. WindtalkerCS

    WindtalkerCS Master Guru

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    Who? It wasn't Iraqis. You toss around the word "they" pretty liberally.

    You should probably go educate yourself, you don't apparently have any idea what you are talking about.
     
    Last edited: Oct 22, 2013
  10. volkov956

    volkov956 Ancient Guru

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    I await the purge once it finally bankrupts the US cause canada and others will follow in a way how hard only time will tell.

    It will not be pretty but it is needed and if they only delay it further it will just get worse...You know the end result why delay it...

    All i can say its not just a US problem its a Western Lifestyle problem profit and prosperity is now measured in debt not assets. Bring back gold and let the lines be redrawn
     

  11. WindtalkerCS

    WindtalkerCS Master Guru

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    The problem is that money is all fake anyway. There is no limit really to the amount that can be borrowed. International debt between countries is not the same as paying your credit card bill.

    The US has been in debt for unimaginable amounts of money for the vast majority of it's existence.

    I don't really understand how anyone thinks it is ever going to shrink by any real amount. The US only generates about $2 trillion in tax revenue a year.
     
  12. airbud7

    airbud7 Guest

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    F**k you dude....^ Ever heard of ...>Bin Laden, Saddam Hussein...F**k You....
     
  13. WindtalkerCS

    WindtalkerCS Master Guru

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    No wonder our debt problems are so bad, I hope you aren't allowed to vote with that kind of knowledge.
     
  14. wootwoot

    wootwoot Master Guru

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  15. airbud7

    airbud7 Guest

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    You sir, are a gentleman and a scholar.....:bang:


    Edit: I voted for Mitt Romney...
     
    Last edited: Oct 22, 2013

  16. HeavyHemi

    HeavyHemi Guest

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    Yeah it was. Your links show that Bush had either both Houses of congress or at worst a split Senate for a majority of his term. I'm not in the habit of making posts that are inaccurate. Further, if we add in the off budget wars which the total cost were added to the debt during this admin, the cutting of tax rates while increasing spending and the unfunded prescription mandate. That is why your chart is so wildly inaccurate. Simple math tells you were the majority of the current debt came from. Lets not even get into the utter financial collapse. If were going to assign what occurs in an admin to the admin, them we should be objectively fair about it.
     
    Last edited: Oct 22, 2013
  17. Brasky

    Brasky Ancient Guru

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  18. HeavyHemi

    HeavyHemi Guest

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    So now Clinton is credible? Ha ha. Clinton's plan was to foster regime change from within not a full scale war. That pretty much makes his comments irrelevant to Bush's invasion. Should I post a video of Bush admitting Iraq didn't have WMD? Iraq was entirely an optional war. Secondarily, putting the huge war expenses off budget is about the only reason Bush's debt and deficit numbers are merely horrible and not horrendous.
     
  19. Brasky

    Brasky Ancient Guru

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    can't slip one past you, you are just too smart and know too much about the government and it's motivation for war. Check Mate i guess.
     
  20. k3vst3r

    k3vst3r Ancient Guru

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    Exactly, your tax is used to pay off interest of all that debt, not actually paying it down. So just keeps going up an up...until one day when someone decides USA will never ever be able to repay it then whole system comes crashing down.
     

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