American Economy Going down again - Great Lakes 4x4. The largest offroad forum in the Midwest

Go Back   Great Lakes 4x4. The largest offroad forum in the Midwest > General 4x4 Stuff > Politics, Government, or Religion Chat
GL4x4 Live! GL4x4 Casino

Politics, Government, or Religion Chat Bring your flamesuit!

greatlakes4x4.com is the premier Great Lakes 4x4 Forum on the internet. Registered Users do not see the above ads.
Search
Reply
 
Thread Tools Search this Thread
Old February 14th, 2011, 09:12 AM   #1
aber61
Senior Member
 
aber61's Avatar
 
Join Date: 09-22-08
Location: Commerce Twp. Michigan
Posts: 6,084
iTrader: (3)
Mentioned: 2 Post(s)
Default American Economy Going down again

With the cost of food going up and inflation about to rise, what will happen with the mountain of debt and interest we own and how will that affect us as a nation?
Are we at the tipping point of no return, no matter how much we stop spending or can we repair the damage done by our government spending money we don't have nor can pay back.
Found this interesting read.

http://www.americanthinker.com/2011/...s_nearing.html
aber61 is offline   Reply With Quote
Sponsored Links
Advertisement
 
Old February 14th, 2011, 09:15 AM   #2
Bishop
Senior Member
 
Bishop's Avatar
 
Join Date: 04-12-07
Location: brighton, atlanta, MI
Posts: 3,590
iTrader: (15)
Mentioned: 0 Post(s)
Send a message via AIM to Bishop
Default

Why don't you wait for today's release of the 216 page, 3.7 trillion federal budget proposal
Bishop is offline   Reply With Quote
Old February 14th, 2011, 09:34 AM   #3
aber61
Senior Member
 
aber61's Avatar
 
Join Date: 09-22-08
Location: Commerce Twp. Michigan
Posts: 6,084
iTrader: (3)
Mentioned: 2 Post(s)
Default

I thought I would release this first then let the government it em with ther bad news. Then it wont seem so bad.
aber61 is offline   Reply With Quote
Old February 14th, 2011, 06:03 PM   #4
C.K.
Dont Feed the Cyco
 
C.K.'s Avatar
 
Join Date: 11-05-05
Location: 48386
Posts: 17,301
iTrader: (21)
Mentioned: 4 Post(s)
Default

Lets cut foreign aid and put it towards our national debt.
C.K. is offline   Reply With Quote
Old February 14th, 2011, 06:10 PM   #5
Rockstar
sɐƃǝʌ sɐן
 
Rockstar's Avatar
 
Join Date: 07-25-07
Location: Taylor,Mi
Posts: 8,504
iTrader: (11)
Mentioned: 3 Post(s)
Default

The reason Food Cost is so High is EBTs Not because of Gas Prices. yes it has a little to do with it. But when you have Millions of people on EBTs getting $300 to $600 a month and buying up Food the Cost is pass onto the people who work for a living.
Rockstar is offline   Reply With Quote
Old February 14th, 2011, 07:09 PM   #6
aber61
Senior Member
 
aber61's Avatar
 
Join Date: 09-22-08
Location: Commerce Twp. Michigan
Posts: 6,084
iTrader: (3)
Mentioned: 2 Post(s)
Default

Interesting on how obama wants to raise the cost of energy but cut off support to help people who have a hard time paying for the heating bills in the cold months.

http://www.nationalcenter.org/P21PR-...Aid021411.html
aber61 is offline   Reply With Quote
Old February 14th, 2011, 07:13 PM   #7
aber61
Senior Member
 
aber61's Avatar
 
Join Date: 09-22-08
Location: Commerce Twp. Michigan
Posts: 6,084
iTrader: (3)
Mentioned: 2 Post(s)
Default

Quote:
Originally Posted by Rockstar View Post
The reason Food Cost is so High is EBTs Not because of Gas Prices. yes it has a little to do with it. But when you have Millions of people on EBTs getting $300 to $600 a month and buying up Food the Cost is pass onto the people who work for a living.
Its more than just that, it is the cost of wheat, corn, fuel.....Everything we buy they say is going up in price and not just here in this country but around the world. Hyperinflation on everything. The cost of cloths is suppose to rise. The price of cotton has gone up. Economists say we need to brace ourselves for whats coming and its not the sky falling
aber61 is offline   Reply With Quote
Old February 14th, 2011, 07:40 PM   #8
L4CX
Out for the Summer!
 
L4CX's Avatar
 
Join Date: 11-16-07
Location: Hillsdale, MI
Posts: 4,926
iTrader: (5)
Mentioned: 0 Post(s)
Default

Quote:
Originally Posted by Rockstar View Post
The reason Food Cost is so High is EBTs Not because of Gas Prices. yes it has a little to do with it. But when you have Millions of people on EBTs getting $300 to $600 a month and buying up Food the Cost is pass onto the people who work for a living.
What about the people who use EBT and work for a living? .

Some people use it to help get just a bit more money so they can buy food. Also, don't worry. "Those that have no jobs" (AKA College students) won't be able to use them starting in the next few months.
L4CX is offline   Reply With Quote
Old February 14th, 2011, 08:59 PM   #9
lgottler
Senior Member
 
lgottler's Avatar
 
Join Date: 11-30-06
Location: New Baltimore, MI
Posts: 1,323
iTrader: (15)
Mentioned: 2 Post(s)
Default

Who cares about college students? My wife worked her way through college and gragitated with no debt, paid in full. I say find a job (even flipping burgers) and pay your way through. Why should I pay for you to get educated? Take one less class and work for your food.
lgottler is offline   Reply With Quote
Old February 14th, 2011, 09:38 PM   #10
computeruser
Senior Member
 
computeruser's Avatar
 
Join Date: 03-31-08
Location: East Lansing, MI
Posts: 392
iTrader: (10)
Mentioned: 0 Post(s)
Default

We could always voluntarily default on our national debt and cease to fund operations overseas. With the reduction fixed expenses and demand for tax revenue, we'd have plenty of free capital to invest in recreating ourselves in a more self-sufficient mold. Sure, it would hurt for a brief while, but sooner or later the world would reengage with us.
computeruser is offline   Reply With Quote
Old February 14th, 2011, 09:58 PM   #11
L4CX
Out for the Summer!
 
L4CX's Avatar
 
Join Date: 11-16-07
Location: Hillsdale, MI
Posts: 4,926
iTrader: (5)
Mentioned: 0 Post(s)
Default

Quote:
Originally Posted by lgottler View Post
Who cares about college students? My wife worked her way through college and gragitated with no debt, paid in full. I say find a job (even flipping burgers) and pay your way through. Why should I pay for you to get educated? Take one less class and work for your food.
I care about college students but I'm part of a College ministry, so it's kind of my job. BUT, I don't think they should be eligible for EBT. Which is what I was saying and stating the fact that they won't be able too very soon.

My point was about people that actually use EBT that have jobs. There was a Generalized statement about people on EBT not working. I know plenty of people that work three or four jobs and still don't make it and will supplement their income with EBT so they can by food. Nothing wrong with it. Now, if you're getting $600 a month and don't work at all, you should also be kicked to the curb. Nothing is free and I think people need to start realizing that.
L4CX is offline   Reply With Quote
Old February 17th, 2011, 09:27 PM   #12
aber61
Senior Member
 
aber61's Avatar
 
Join Date: 09-22-08
Location: Commerce Twp. Michigan
Posts: 6,084
iTrader: (3)
Mentioned: 2 Post(s)
Default

liars can figure, but figures don't lie

http://www.realclearpolitics.com/vid..._the_debt.html
aber61 is offline   Reply With Quote
Old February 17th, 2011, 09:36 PM   #13
brian76708
Senior Member
 
brian76708's Avatar
 
Join Date: 04-22-09
Location: Dexter
Posts: 412
iTrader: (1)
Mentioned: 0 Post(s)
Default

Quote:
Originally Posted by lgottler View Post
Who cares about college students? My wife worked her way through college and gragitated with no debt, paid in full. I say find a job (even flipping burgers) and pay your way through. Why should I pay for you to get educated? Take one less class and work for your food.
wow ha you have no idea how much college costs. you cant just take one less class when you have to be full time to get covered by your parents insurance. i go to school full time and work 20-30hrs a week and i am not able to pay my way through. Im not saying i agree with it just saying your logical thinking is flawed.
brian76708 is offline   Reply With Quote
Old February 17th, 2011, 11:16 PM   #14
Stan
I got a gold chain
 
Stan's Avatar
 
Join Date: 11-04-05
Location: Shelby Twp.
Posts: 15,686
iTrader: (8)
Mentioned: 16 Post(s)
Default

Quote:
Originally Posted by Rockstar View Post
The reason Food Cost is so High is EBTs Not because of Gas Prices. yes it has a little to do with it. But when you have Millions of people on EBTs getting $300 to $600 a month and buying up Food the Cost is pass onto the people who work for a living.
EBT's have nothing to do with the rising cost of food. Not in the way you describe it anyway.
The only connection that I can think of is the government printing more money and the devaluation of the dollar because of it that would cause inflation.

Demand is not going up because of EBT.

Maybe you should stick to stupid you tube posts. You have no idea what you're talking about.
Stan is offline   Reply With Quote
Old February 17th, 2011, 11:19 PM   #15
Stan
I got a gold chain
 
Stan's Avatar
 
Join Date: 11-04-05
Location: Shelby Twp.
Posts: 15,686
iTrader: (8)
Mentioned: 16 Post(s)
Default

Quote:
Originally Posted by brian76708 View Post
wow ha you have no idea how much college costs. you cant just take one less class when you have to be full time to get covered by your parents insurance. i go to school full time and work 20-30hrs a week and i am not able to pay my way through. Im not saying i agree with it just saying your logical thinking is flawed.
He said nothing about staying on mommy and daddy's insurance. Your response is flawed.
Stan is offline   Reply With Quote
Old February 18th, 2011, 01:09 AM   #16
Rockstar
sɐƃǝʌ sɐן
 
Rockstar's Avatar
 
Join Date: 07-25-07
Location: Taylor,Mi
Posts: 8,504
iTrader: (11)
Mentioned: 3 Post(s)
Default

Quote:
Originally Posted by Stan View Post
EBT's have nothing to do with the rising cost of food. Not in the way you describe it anyway.
The only connection that I can think of is the government printing more money and the devaluation of the dollar because of it that would cause inflation.

Demand is not going up because of EBT.

Maybe you should stick to stupid you tube posts. You have no idea what you're talking about.
The Joke is on you.. I seen the Local Kroger Sales, EBTs are 3 to 1 on Cash Sales
Rockstar is offline   Reply With Quote
Old February 18th, 2011, 07:14 AM   #17
aber61
Senior Member
 
aber61's Avatar
 
Join Date: 09-22-08
Location: Commerce Twp. Michigan
Posts: 6,084
iTrader: (3)
Mentioned: 2 Post(s)
Default

Quote:
Originally Posted by Rockstar View Post
The Joke is on you.. I seen the Local Kroger Sales, EBTs are 3 to 1 on Cash Sales
The cost of food and everything else is on the rise around the world because of EBT's here in this country? Sorry you are misinformed.
aber61 is offline   Reply With Quote
Old February 18th, 2011, 07:31 AM   #18
upchuck
Senior Member
 
upchuck's Avatar
 
Join Date: 10-16-07
Location: grand rapids, Michigan
Posts: 1,100
iTrader: (3)
Mentioned: 0 Post(s)
Default

Nothing to do with speculation on the latest bubble on commodities. No, the boogie man
upchuck is offline   Reply With Quote
Old February 18th, 2011, 09:31 AM   #19
kickstand
sHaMoNe!
 
kickstand's Avatar
 
Join Date: 09-20-06
Location: fenton
Posts: 30,930
iTrader: (46)
Mentioned: 25 Post(s)
Default

Quote:
Originally Posted by L4CX View Post
I care about college students but I'm part of a College ministry, so it's kind of my job. BUT, I don't think they should be eligible for EBT. Which is what I was saying and stating the fact that they won't be able too very soon.

My point was about people that actually use EBT that have jobs. There was a Generalized statement about people on EBT not working. I know plenty of people that work three or four jobs and still don't make it and will supplement their income with EBT so they can by food. Nothing wrong with it. Now, if you're getting $600 a month and don't work at all, you should also be kicked to the curb. Nothing is free and I think people need to start realizing that.
Are you serious? I mean are you really serious with this post?

You know people who work 3 or 4 jobs and still are on EBT's and that's ok to you?

I am speechless and if there is one thing that is fucking amazing it's when you are able to make me fucking speechless.

I mean seriously, it's ok to you that people are going to college and then eating off an EBT? I mean seriously?


It's ok to you that I go to work, work my ass off, see over 20-25% of my income go up in smoke so that I can pay for some stupid mother fucker who is too god damned stupid or lazy to go out and pay his own fucking way? Really? seriously? you have got to be fucking kidding me, that's ok to you?

You know what, when I graduated high school (barely) I worked construction over the summer to fucking buy things, I worked 70 hr weeks, in knee deep mud, sweltering heat, dug holes in rock hard clay, and sweat my fucking ass off, so I could have money in the bank thru the school year, because I fucking wanted something. I wanted a college education, at times I didn't want to finish, and didn't go to class, and fucked up, and then reality sunk back in as I was getting sunburned beyond belief, and was dehydrated, and carrying wall panels around that weighed as much as I did, covered in concrete, and dust and dirt and sweat, because I fucking wanted something. And pooring basement walls wasn't it.

Are you fucking serious? You are ok with EBT's? Really?

You want food? GO get a FUCKING job, turn off your cell phone, turn in your excalade, stop buying smokes, and go buy some fucking food.

Instead, after I worked my ass off in college, I earned a degree, went out and got a job, and now? I work my ass off, I'm in the office at 7am most days, I stay till 5pm, I sit in an hour of rush hour traffic, I get back on my lap top most nights for an additional 1-3 hrs after I put my son to bed, and I fucking WORK. why? so I can feed myself, my son, and every lazy motherfucking peice of shit who is on an EBT. with MY fucking tax dollars.

I paid over $25,000 in fucking taxes in 2010, $25,000 that would have fed my family, but instead fed some lazy fucker who the government awarded a fucking EBT card too....and your ok with that?

Lemme guess, you qualify for the "earned income credit" and get back more in taxes than you even pay in every year....well, you're welcome. You can thank me, and let all your freinds who are on an EBT know that I am glad I could put food on their fucking plate too.

Mr. Gottler is right, fuck these college students, figure it the fukc out! You want it, figure out how to get it, student loans, grants, scholarships, etc. if you want it bad enough you can figure out a fucking way to make it happen, if you can't then fukc you.

Awww I feel so bad for the poor kid who's trying to stay on mommy and daddy's insurance but just cant cut the mustard, you know what? go fukc yourself too.
kickstand is offline   Reply With Quote
Old February 18th, 2011, 09:32 AM   #20
kickstand
sHaMoNe!
 
kickstand's Avatar
 
Join Date: 09-20-06
Location: fenton
Posts: 30,930
iTrader: (46)
Mentioned: 25 Post(s)
Default

On the other hand, why you guys even respond to rockstar's ridiculously retarded posts is beyond me.
kickstand is offline   Reply With Quote
Reply
Great Lakes 4x4. The largest offroad forum in the Midwest > General 4x4 Stuff > Politics, Government, or Religion Chat

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 09:56 AM.


Powered by: vBulletin, Copyright 2000 - 2012, Jelsoft Enterprises Ltd.
User Alert System provided by Advanced User Tagging (Lite) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd. Runs best on HiVelocity Hosting.
Page generated in 0.83957 seconds with 80 queries