On 07/07/2011 6:54 AM, iBoat alot wrote:
In articleBbydnXrJxoDKVInTnZ2dnUVZ_jKdnZ2d@earthlink .com, naled24511
@mypacks.net says...
On 7/6/11 4:43 PM, Canuck57 wrote:
On 06/07/2011 2:40 PM, wrote:
On Wed, 6 Jul 2011 12:38:27 -0700 (PDT), jamesgangnc
wrote:
On Jul 6, 2:53 pm, wrote:
Watching Obama on TV right now. Sounds like he is saying if I can't
saddle tones of debt on your grand kids, we are screwed. Big debt
whiner can't run government properly.
Maybe he needs to shrink government now. Keep the education, keep the
priorities and dump the massive waste.
Because even if he taxed the likes of Bill Gates 100% of his net worth,
it wouldn't keep the government going for much more than 2 weeks. The
man is a bull**** artist. This goes well beyond the "rich". Ok, give
him the rich tax per Clinton, but then no more DEBT and no more
taxes --
he must balance the budget.
Time for a tea-party take on this. And jam reality up this delinquent
debtors ass hard. He is defrauding all Americans with DEBT. A
bamboozling jive turkey.
Time to tell Obama, balanced budget starts NOW. Not tomorrow, not next
week, not for our grand kids, you right nwo are going to stop your
debt-fraud-corruption and need to get back to realty.
More than $4 trillion in debt, and no results. Time for a REAL change.
Pay your bills you debt worshiping deadbeat welsher.
--
Government isn't the solution to the bad economy, it is the problem.
------
In Debt We Trust!
-- Obama and the democrats, world record in debt incursion.
You need to d a little more research before you decide who to blame.
Obama inherite dthis mess mostly caused by two wars we put on credit.
If you look at the stats since the 50's in's been the GOP that has run
up the deficits and the Democrats that pay it down.
Come on! Knuckles doesn't care about facts. Get real.
Funny. Einstein defined insanity as doing the same thing over and over
again expecting different results.
So why do you fleabags think more debt is going to get different results?
The answer here, knuckles, is that no one believes you have any
understanding of any serious issue you attempt to discuss. You are, as
previously defined, the poster boy for a fleeg. That, of course, is
someone with a Flat Line EEG. Fleeg. You.
Debt is NEVER good, you have to pay in interest for debt. Take a look at
amortization table for you mortgage, and see how much less you'd have
paid if you paid cash.
Say the debt only expands to $15 trillion. And say interest rates only
go to 5% to the borrower, which is very optimistic....
hat is $750 billion. Getting pretty close to 2/3rd of all personal
income tax collected. More than 30% of all revenue collected from all
sources.
Given the government in actuality overspends $2 trillion a year, and
raids the social security for cheap money, I seriously suggest the US
governments ability to pay is in question.
To stop the debt, would take at least $2 trillion per year in cuts.
$1.9 trillion if you taxed the rich more as the flaabgers want.
To balance the books, US Fed would have to more double all federal
taxes, as on the top end you can't really tax people 120%.
Fleabags have no clue.
--
Now the real war is on Obama-debt, to save America's future.
And do it for your kids sake....and ignore the selfish fleabags...