Consideration required
 

wrote in message
...
On Thu, 11 Feb 2010 20:17:08 -0800, "nom=de=plume"
wrote:

According to you.

If you do much reading, you will find a lot of financial people are
asking the same questions about how long we can continue the raise the
debt limit and how we will deal with the entitlements when they
explode in our face..

Huh?? Lots of financial people (aka economists) ask those questions. We
can't continue to raise it forever, but it's no where near an unusual dept
to GDP crisis.

The end of the SS surplus is straight from the trustees report on
SSA.GOV,
The demographics of the number of baby boomers vs the following
generations who have to pay the bill is available from the census.
The amount of our debt that is held by foreigners is from the treasury
department.
The percentage of discretionary spending vs entitlements, out in the
future is from OMB.

You may disagree with how I connect the dots but the dots are fact.


Typically, dots are connected with some sort of logic. :)

The warnings are out there but sometimes you just have to let the baby
touch the stove.

See you in 2012


Come on... you're claiming that the world is going to end in 2012. Taint
happenin...

Perhaps you should vote for Ron Paul, assuming he's still in office.

--
Nom=de=Plume

Consideration required
 

wrote in message
...
On Fri, 12 Feb 2010 07:52:24 -0500, BAR wrote:

In article ,
says...

On Thu, 11 Feb 2010 20:17:08 -0800, "nom=de=plume"
wrote:

According to you.

If you do much reading, you will find a lot of financial people are
asking the same questions about how long we can continue the raise
the
debt limit and how we will deal with the entitlements when they
explode in our face..

Huh?? Lots of financial people (aka economists) ask those questions. We
can't continue to raise it forever, but it's no where near an unusual
dept
to GDP crisis.

The end of the SS surplus is straight from the trustees report on
SSA.GOV,
The demographics of the number of baby boomers vs the following
generations who have to pay the bill is available from the census.
The amount of our debt that is held by foreigners is from the
treasury
department.
The percentage of discretionary spending vs entitlements, out in the
future is from OMB.

You may disagree with how I connect the dots but the dots are fact.


Typically, dots are connected with some sort of logic. :)

The warnings are out there but sometimes you just have to let the baby
touch the stove.

See you in 2012

At least one elected official knows what to do:

http://wcbstv.com/local/governor.chr...2.1487727.html


The problem with the US economy is the biggest chunk of our spending
in 10 years will be "entitlements" that you can't "freeze". They grow
on their own, unless you want to throw grandma from the train.


?? It's already something like 2/3 of the Federal budget... something like
that..

Here's a link... I just glanced at it.

http://www.infoplease.com/cig/econom...e-economy.html


--
Nom=de=Plume

Consideration required
 

wrote in message
...
On Fri, 12 Feb 2010 10:20:49 -0800, "nom=de=plume"
wrote:

wrote in message
. ..
On Thu, 11 Feb 2010 20:17:08 -0800, "nom=de=plume"
wrote:

According to you.

If you do much reading, you will find a lot of financial people are
asking the same questions about how long we can continue the raise the
debt limit and how we will deal with the entitlements when they
explode in our face..

Huh?? Lots of financial people (aka economists) ask those questions. We
can't continue to raise it forever, but it's no where near an unusual
dept
to GDP crisis.

The end of the SS surplus is straight from the trustees report on
SSA.GOV,
The demographics of the number of baby boomers vs the following
generations who have to pay the bill is available from the census.
The amount of our debt that is held by foreigners is from the treasury
department.
The percentage of discretionary spending vs entitlements, out in the
future is from OMB.

You may disagree with how I connect the dots but the dots are fact.


Typically, dots are connected with some sort of logic. :)

The warnings are out there but sometimes you just have to let the baby
touch the stove.

See you in 2012


Come on... you're claiming that the world is going to end in 2012. Taint
happenin...

Perhaps you should vote for Ron Paul, assuming he's still in office.


The world isn't going to end in 2012, just the rising SS surplus. It
will peak and quickly decline to the point where FICA won't support
outlays in 2016. That is not my opinion. It is from SSA.GOV.

And then the end of the world, right?

Well, despite your ominous thoughts, we'll be just fine.

.
I do think Ron Paul is right on a lot of things but I can't vote for
him because he is in Texas. I did vote for the Libertarian pres
candidate in 92, 96, 00 and 04. In 08 I voted for Paris Hilton. She
had the best ad.

How did all that Libertarian voting work out for you?

It was a great ad.

--
Nom=de=Plume

Consideration required
 

wrote in message
...
On Fri, 12 Feb 2010 17:00:13 -0800, "nom=de=plume"
wrote:

I do think Ron Paul is right on a lot of things but I can't vote for
him because he is in Texas. I did vote for the Libertarian pres
candidate in 92, 96, 00 and 04. In 08 I voted for Paris Hilton. She
had the best ad.

How did all that Libertarian voting work out for you?

It is just my way of saying "none of the above"


I certainly understand that choice, but I don't agree with it, because it
is, in essence, removing yourself from the process. I have no problem with
third party candidates, but they need to be mainstream enough in their
rhetoric to have a chance.

--
Nom=de=Plume

Consideration required
 

wrote in message
...
On Thu, 11 Feb 2010 10:29:55 -0800, "nom=de=plume"
wrote:

The real question will be whether China decides to cash out of
treasuries or what interest rate we will need to offer to keep them
attractive.


According to you.


Me and the New York Times

http://www.nytimes.com/2009/01/08/bu...yuan.html?_r=1


Could you possibly cite something a bit more current. Obama wasn't even
president yet.

--
Nom=de=Plume

Consideration required
 

wrote in message
...
On Tue, 16 Feb 2010 18:53:14 -0800, "nom=de=plume"
wrote:

wrote in message
. ..
On Thu, 11 Feb 2010 10:29:55 -0800, "nom=de=plume"
wrote:

The real question will be whether China decides to cash out of
treasuries or what interest rate we will need to offer to keep them
attractive.


According to you.


Me and the New York Times

http://www.nytimes.com/2009/01/08/bu...yuan.html?_r=1


Could you possibly cite something a bit more current. Obama wasn't even
president yet.


Sorry about the link, I heard the issue about the declining Chinese
investment today on CNN and assumed it was the same story. It is true
that China just dropped behind Japan as our biggest benefactor.
I suspect it is actually somewhat that they do not have the surplus of
dollars because we aren't buying as much There could even be a tactic
to bully us into keeping low tariffs on their products.

The effect on the auction will be the same though. If demand on our
paper goes down the interest we will have to pay to make it attractive
will go up.


Don't get me wrong... I absolutely agree that it's a problem, especially if
we don't get our act together. I think all of the world's significant
economies recognize that our exit from this recession is essential to their
economies, and that there's got to be an improvement in our debt situation.

--
Nom=de=Plume