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Obama destroyed the USA with DEBT
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Canuck57[_9_]
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First recorded activity by BoatBanter: Oct 2009
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Obama destroyed the USA with DEBT
On 11/07/2011 2:04 PM,
wrote:
On Mon, 11 Jul 2011 12:11:56 -0600,
wrote:
On 11/07/2011 10:35 AM, Califbill wrote:
"Harryk" wrote in message ...
On 7/10/11 12:55 PM, Canuck57 wrote:
On 10/07/2011 9:38 AM, wf3h wrote:
On Sat, 09 Jul 2011 12:23:22 -0600,
wrote:
On 08/07/2011 7:38 PM, wf3h wrote:
On Fri, 08 Jul 2011 21:10:06 -0400, L wrote:
wf3h wrote:
On Fri, 08 Jul 2011 10:12:15 -0600,
wrote:
the govt is the smallest it's been in 60 years. to the right that's
too big since it means they can still examine wall street
Post proof or retract.
you really are ****ing stupid, aren't you? you right wngers have NO
****ing idea about you views, what the facts are, etc. you just have
your cliches and that's it
****ing IDIOT
http://www.usatoday.com/money/perfi/...10-taxes_N.htm
am i EVER wrong? no.
YOU guys are IDIOTS
Because people are unemployed idiot. Your average household has much
less than 2/3rd the dollars coming in today than in 2006. Unless your a
government civil servant that is, they just kept on growing.
so let's see. you lied about the level of taxes. that's no
surprise...you're right wing. you always lie. then you proved you
didn't know **** about taxes. no surprise there either. the right wing
doesnt know **** about taxes
Spoken like a envious gutter slug.
and the reason we dont have money in the US middle class? because in
the last 30 years the richest 1% have had a 500% pay increase. that's
where the money went.
How much did you save? Oh, you screwed it away on toys and are now
broke. Got it.
so you dont know **** about the economic profile of the US, taxes or
govt
no surprise. you're right wing
Conservative economics just works better. No ****. Told me to watch for
2008....while your liberal economic idiot deer were on the tracks in a
comatose state, staring at the freight train.
Going to get worse too. As government gets bigger, people get smaller.
gee. taxes are the lowest they've been in 60 years. you just admitted
that
now you forgot it. again. you're right wing alright
Taxes are low as people lost their jobs and unemployment is 1929 levels.
Unemployed without alternative sources of income don't pay taxes. They
are not lower for an individual that is working.
During the Clinton years, when taxes on the wealthy were a bit higher,
we had a budgetary surplus. Bush cut those slightly higher taxes on the
wealthy and now we have deficits. D'oh.
Clinton didn't have to service 9.7 trillion plus Obama-debt.....
Trouble with debt is, if you double the debt it becomes 4 times the
problem. The deeper you go, the less likely you are to get out.
Government debt is like a mortgage but never gets paid off. So the
first payment is every payment, almost 100% non-value added interest and
servicing costs.
Sure, go for the wealthy, but in reality they are the ones investing the
cash return they get into job producing investments so even few job
creating investments will be made. Hey, delinquent debtors and unions
don't invest. And also know it reduces their future income tax. And
wealthy to Obama is about anyone with a job and money.
So with this wealth tax put back, how does Obama come up with the rest,
still a $1.5 trillion deficit. Still no where close to a balanced budget.
I get a kick out of this bull****. Congress obviously are just scared
rabbits. They are talking 1 to 4 trillion in 10 years. They need to
talk $1.7 trillion per year starting right now. Obama is playing the
sluff it off to the next president game. Congress should just pass a
$1.6 trillion cut it spending right now.
Your average American has no clue what is about to happen to the
USD...but here is a hint, depreciation of the USD (inflation) on the
world markets is ramping up fast. And the government is already into
spiral debt. May be even past the tipping point. Japanese have seen a
30% decrease in the standard of living in the last 3 years. It is
coming to the USA.
People should be mad as hornets.
The only answer is an immediate downsize of the US government to fit
revenue. Spend less than they rake in.
Real money is gold, China and India now convert most of the cash to
precious metals and not increasing the USD hold. USD is now failing as
a world reserve currency. Only thing lacking is an alternative and the
USD will become toilet paper.
You're truly stupid. Sure, throw more people out of work. Gov't
workers don't pay taxes or buy things. Oh wait, they do. But, those
big corps who ship jobs overseas, they pay their fair share. Oh wait,
they don't.
That is the way it works, more government debt and overspend means more
unemployment. Why should I have US holdings in such a buggered up
economy based of fleabag greed and delinquent fleabag debt?
Let the fleabags eat debt.
--
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...
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