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Old October 10th, 2013, 06:31 PM   #61
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I can agree with this. We need to control spending. It will hurt the ones that are dependent on it but with a good economy and plenty of jobs that will be a more permanent fix than the band aid that the government has been trying to do for decades now.
Look at how much the national debt has exploded since 2008. Look at how many budgets have been passed by Congress. That's no coincidence.

If the debt ceiling isn't raised America will NOT default on anything. It will be the best thing that ever happened. The U.S. government takes in more than enough money each month to cover the interest payments on the debt. In fact... those interest payments only come out to like 5% of what the government takes in.

That means Obama and the will HAVE to stop deficit spending, pass a budget and operate how they should've been operating from the beginning. It's the end of this insanity when it comes to throwing our great-grandchildren's cash to foreign countries, etc.
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Old October 11th, 2013, 08:29 AM   #62
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Look at how much the national debt has exploded since 2008. Look at how many budgets have been passed by Congress. That's no coincidence.

If the debt ceiling isn't raised America will NOT default on anything. It will be the best thing that ever happened. The U.S. government takes in more than enough money each month to cover the interest payments on the debt. In fact... those interest payments only come out to like 5% of what the government takes in.

That means Obama and the will HAVE to stop deficit spending, pass a budget and operate how they should've been operating from the beginning. It's the end of this insanity when it comes to throwing our great-grandchildren's cash to foreign countries, etc.
Obama has brought forth his idea of a budget but it is literally out of this world. He knows it will not get by congress but he try's.
The media does a good job of putting fear into the people if we default on our debt. They say the effects could cause a ripple around the globe, it just might. we wont know until it happens.
Barry did say he wanted to spread the wealth and he is doing just that. Giving away our future, financially!
With spreading the wealth he is attempting to bring us down to the level of other not so fortunate countries. The erasing of the middle class is happening and that is what made this country into the most prosperious nation on the planet in such a short period of time.
Hopefully things can get turned around for the better if not it's all down hill from here.
But as Americans we will survive and make due with what we have
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Old October 11th, 2013, 08:42 AM   #63
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Originally Posted by aber61 View Post
Obama has brought forth his idea of a budget but it is literally out of this world. He knows it will not get by congress but he try's.
The media does a good job of putting fear into the people if we default on our debt. They say the effects could cause a ripple around the globe, it just might. we wont know until it happens.
Barry did say he wanted to spread the wealth and he is doing just that. Giving away our future, financially!
With spreading the wealth he is attempting to bring us down to the level of other not so fortunate countries. The erasing of the middle class is happening and that is what made this country into the most prosperious nation on the planet in such a short period of time.
Hopefully things can get turned around for the better if not it's all down hill from here.
But as Americans we will survive and make due with what we have
If we were to ever default on the national debt our economy would be utterly destroyed and it would be catastrophic for everyone else in the world too. There's no doubt about that.

BUT.... We are nowhere CLOSE to defaulting on our debt. The "default" threat is an absolute lie. The only way we would miss those interest payments is if they DELIBERATELY not pay them. The federal government takes in an astronomical amount of money each month on tax revenue. This whole "shutdown" is an absolute sham too. Almost 85% of the federal government is still open and working. What we're seeing is the temper tantrum of a child in the oval office. Never before have any of the national parks, monuments, etc been closed during one of these partial shutdowns. He is using his position to PUNISH the American People like a King punishing his subjects for not paying tribute. You notice how fast the Amber Alert website was brought back online after the public outcry? You see them backpedaling like crazy on denying death benefits for fallen soldier's families?

This whole thing is backfiring BIG TIME in the face of the Democrats and especially President Obama and his corrupt administration.

He needs to be removed from office. Now.
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Old October 11th, 2013, 08:49 AM   #64
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Interesting, the art of distraction and I'd say they have it down.
I can't wait until he is held for treason. That is what should be waiting for him.

http://www.thenationalpatriot.com/20...bout-the-pain/
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Old October 11th, 2013, 09:03 AM   #65
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Reagan knew this would happen.

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Old October 11th, 2013, 10:04 AM   #66
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Giving this administration a raise in the debt limit is akin to putting an ATM on a slot machine.
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Old October 11th, 2013, 10:41 AM   #67
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Quote:
Originally Posted by aber61 View Post
Obama has brought forth his idea of a budget but it is literally out of this world. He knows it will not get by congress but he try's.
The media does a good job of putting fear into the people if we default on our debt. They say the effects could cause a ripple around the globe, it just might. we wont know until it happens.
Barry did say he wanted to spread the wealth and he is doing just that. Giving away our future, financially!
With spreading the wealth he is attempting to bring us down to the level of other not so fortunate countries. ie KenyaThe erasing of the middle class is happening and that is what made this country into the most prosperious nation on the planet in such a short period of time.
Hopefully things can get turned around for the better if not it's all down hill from here.
But as Americans we will survive and make due with what we have
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Old October 11th, 2013, 10:45 AM   #68
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Giving this administration a raise in the debt limit is akin to putting an ATM on a slot machine.
More like giving a gambling addict your idenity and the idenities your next 5 generations, to borrow money on for a losing bet!!! Is insane, and a step towrds bankrupting the entire country.
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Old October 11th, 2013, 11:03 AM   #69
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There is nothing wrong with maxing out all your credit cards then opening up another credit card to take a cash advance to pay off the other credit cards and buy a few nice things for yourself.
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Old October 13th, 2013, 01:09 AM   #70
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Remember when people did not buy things unless they had the money?
Buying stuff with cash is a great feeling even though it does take longer. Yes, I am nuts for not using plastic or paying my bills with an unsecured smart phone. I invest in long term things and don't plan on any kind of net to catch me once I do finally retire.

I understand there are exceptions such as your house. But generally I think everyone would be better off if we paid with cash.

How does this apply to the government? Well, at some point(that I thought we reached 5 years ago) we will need to start cutting programs, and entitlements. People will scream and shout and I say to freaking bad It needs to be done. Anyone who is living paycheck to paycheck or simply has a firm budget knows that unless more money comes in something needs to be cut to make sure everything is paid.
Unemployment extensions, stimulus, grants, foreign aid, oh and the freaking bonuses for starters. That's right xx congressman we had a bad year and you won't be getting your annual bonus. http://www.cnn.com/interactive/2013/...ester-bonuses/
I heard on some radio show that they are telling government workers to put there bills on there credit cards now because that will give them a month extra to pay it off and kind of just stopped and shook my head.


We are screwed on this current path. Unless these people representing us start making the hard decisions it is just a manner of time until the bank is going to come down and reposes our stuff. By stuff I am referring to Land. That's right folks the New republic of China coming to a town near you in just three short years.


We have made one heck of a hole for our self's. We can keep digging or find a way to climb out. Its easy to to dig. We have gotten very good at it over the last 10 years. Making a ladder out of all those shovels seems to hard and I am sure a few fatties will end up getting left in the hole. But the majority will get out and be better off.

If we just keep digging further and further before we know it China will be right before our eyes. Those who believe this does not effect you know that it simply has not yet. 5 years ago I thought this would be fixed by actually calling people out on there actions. 4 years ago I thought the same thing. 2 years ago I once again expected some type of moral recourse to this amount of spending. http://www.propublica.org/special/government-bailouts The lunacy that continues needs to stop and at this point I don't care about the causalities even though I know they will be those not responsible.

I simply want this fixed. Something needs to change drastically.

One person can change others if others are willing to follow. If you can simply avoid buying that item you don't need and progress you will be better off. If more people take this stand they will be better off. This trend will continue and those whom are living outside there means will feel bad about it. Hopefully, this ideal will roll over the nation until spending beyond our means is simply not a thought. It is not fun, quick, or easy. It will take time and the time to start is today. Every day you wait, every excuses, you make, and every lie you tell yourself pulls you deeper into that hole.

It starts with you and moves on. But, only if you are willing to embrace the ideal and spread it. Spending beyond your means is bad for you, us, and what use to be the most respected nation in the world.
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Old October 13th, 2013, 11:48 PM   #71
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