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12-16-2015, 09:36 PM
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#1
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Valued Poster
Join Date: Dec 30, 2010
Location: CO
Posts: 2,239
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The Obama-Ryan Trillion Plus Spending Deal
Guess what the establishment has been doing...Boehner 2.0
"Congressional leaders and the White House have reached agreement on a massive year-end tax and spending package, House Speaker Paul Ryan told GOP lawmakers late Tuesday, urging support for the legislation that delivers GOP wins but also includes many Democratic priorities.
So Ryan has been cutting deals with Obama to spend another trillion we don't have. Does that sound conservative to anybody?
Any guess on how the four conservative repub senators running for president are going to vote on this if it passes the house? I'm guessing Rubio and Lindsey will vote Yes, Cruz and Paul No
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12-16-2015, 09:55 PM
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#2
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Valued Poster
Join Date: May 19, 2011
Location: Kansas City
Posts: 2,511
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Reck'n you forgot "deficits don't matter" huh?
Quote:
Originally Posted by nwarounder
So Ryan has been cutting deals with Obama to spend another trillion we don't have. Does that sound conservative to anybody?
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12-16-2015, 10:16 PM
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#3
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AKA President Trump
Join Date: Jan 8, 2010
Location: The MAGA Zone
Posts: 37,233
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Quote:
Originally Posted by dumars
Reck'n you forgot "deficits don't matter" huh?
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Reck'n you forgot "deficits do matter" turdhead. they matter because it's a debt our nation can't afford to pass on to the next generation to deal with and of course it's all fake Fed Money to begin with.
only Rand Paul, who has zero chance of being elected, has repeatedly spoken of the scam that the Fed Reserve is.
remember when the "establishment" branded Ron Paul a heretic for speaking the truth about the Fed? only to find during the only half-ass audit of the Fed in their 90+ years of existence that the Fed has leveraged this nation's debt to extreme levels?
truer words have never been spoken.
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12-17-2015, 10:10 PM
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#4
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Account Disabled
Join Date: Dec 30, 2014
Location: DFW
Posts: 8,050
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The debt is not a problem. It is denominated in dollars we print or create. It isn't like debt you and I have. If some foreign country wants to pull money out of our little Ponzi scheme, we don't pay them back with other investors money - we just create the money and give it to them with our compliments.
Then, we buy other shit with more printed money...money we never have to pay back with anything but more created money.
Think of the US government as the world's number one counterfeiter, doing it openly and with the world's blessing. We should buy all the valuable shit anyone is willing to sell us with the money we print.
Think of it this way. What if Canada wanted to sell us Vancouver, and they would take dollars. Print (or electronically create) a trillion dollars, and it is ours. All the timber, industry, etc - all the property taxes, income taxes, levies, port fees - we now collect all that tax money in dollars, own all the national parks, etc - and we gave them money we fucking printed like a god damn paper hanger.
Think of it like an individual - print your dollars, get all the pussy you wanted, buy your house, buy a fancy Italian sports car - get it all with counterfeit money. That's what the government does, and I prefer it to paying any more taxes.
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12-17-2015, 10:21 PM
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#5
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Valued Poster
Join Date: Mar 31, 2010
Location: Houston
Posts: 15,054
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A trillion here, a trillion there. Heck, sooner or later we might be talking about big money.
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12-17-2015, 10:26 PM
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#6
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Account Disabled
Join Date: Feb 15, 2012
Location: Houston
Posts: 10,342
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And Hillary will declare that it was much worse than what she expected when she is finally inaugurated..........
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12-17-2015, 11:39 PM
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#7
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Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
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Quote:
Originally Posted by DSK
The debt is not a problem. It is denominated in dollars we print or create. It isn't like debt you and I have. If some foreign country wants to pull money out of our little Ponzi scheme, we don't pay them back with other investors money - we just create the money and give it to them with our compliments.
Then, we buy other shit with more printed money...money we never have to pay back with anything but more created money.
Think of the US government as the world's number one counterfeiter, doing it openly and with the world's blessing. We should buy all the valuable shit anyone is willing to sell us with the money we print.
Think of it this way. What if Canada wanted to sell us Vancouver, and they would take dollars. Print (or electronically create) a trillion dollars, and it is ours. All the timber, industry, etc - all the property taxes, income taxes, levies, port fees - we now collect all that tax money in dollars, own all the national parks, etc - and we gave them money we fucking printed like a god damn paper hanger.
Think of it like an individual - print your dollars, get all the pussy you wanted, buy your house, buy a fancy Italian sports car - get it all with counterfeit money. That's what the government does, and I prefer it to paying any more taxes.
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At some point, fiat money becomes valueless. When that happens, there will be a crash of biblical proportions. You appear to be looking forward to that. You're an idiot.
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12-18-2015, 07:01 AM
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#8
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Account Disabled
Join Date: Dec 30, 2014
Location: DFW
Posts: 8,050
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Quote:
Originally Posted by CuteOldGuy
At some point, fiat money becomes valueless. When that happens, there will be a crash of biblical proportions. You appear to be looking forward to that. You're an idiot.
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There really has never been a situation like this. Everyone wants to think about Germany before WWII, but it doesn't apply. They were weak and bankrupt from WWI. They printed too much money relative to the English pound, which was the world's currency before the dollar took over.
We are unique. Everyone wants to move here, and everyone trusts dollars more than any other currency. Some countries use it as their own currency.
As for that crash, buy some real estate and gold and you have built in protections. Are you Swiss in addition to being Indian? In a rational world they would have the currency everyone uses, but we don't live in a rational world.
We live in a world that is totally fucked up, our country has very little freedom, and we have fractured into warring factions that hate each other. The only sane thing left is to eat, drink and fuck pretty young (18+) girls while you are being merry. The situation in this country is so fucked up it is beyond repair - except for our Fiat money - which is saving us from deprivation, civil war, and the ultra high taxes any other country would have to pay for our reckless interventionism into every other country's business.
My motto - print it, don't tax.
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12-18-2015, 10:27 AM
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#9
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by CuteOldGuy
At some point, fiat money becomes valueless. When that happens, there will be a crash of biblical proportions. You appear to be looking forward to that. You're an idiot.
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COG...he is just pointing out the facts. The Iraq War had more to do with Saddam trying to change the petro-dollar to the euro-dollar.
You too are correct in your Assessment. it is not a question of if but when
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12-18-2015, 06:44 PM
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#10
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Account Disabled
Join Date: Dec 30, 2014
Location: DFW
Posts: 8,050
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Quote:
Originally Posted by WTF
COG...he is just pointing out the facts. The Iraq War had more to do with Saddam trying to change the petro-dollar to the euro-dollar.
You too are correct in your Assessment. it is not a question of if but when
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If the when is 200 years from now, who gives a fuck? I think we can keep our Ponzi scheme going until then. When you think about it, debt owed in dollars doesn't mean shit when we print it! Plus, the total net assets of our citizenry is far above the debt. Our country and the right to tax its citizens is probably worth 100 trillion dollars, so our debt is low in debt to equity terms.
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12-18-2015, 07:01 PM
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#11
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by DSK
If the when is 200 years from now, who gives a fuck? I think we can keep our Ponzi scheme going until then. When you think about it, debt owed in dollars doesn't mean shit when we print it! Plus, the total net assets of our citizenry is far above the debt. Our country and the right to tax its citizens is probably worth 100 trillion dollars, so our debt is low in debt to equity terms.
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You are blowing these Tea Whiners argument to chit.
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12-18-2015, 09:50 PM
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#12
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Account Disabled
Join Date: Dec 30, 2014
Location: DFW
Posts: 8,050
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Quote:
Originally Posted by WTF
You are blowing these Tea Whiners argument to chit.
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Ye shall know the truth, and the truth shall make you free.
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12-18-2015, 10:02 PM
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#13
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Account Disabled
Join Date: Jun 19, 2011
Location: Dixie Land
Posts: 22,098
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Quote:
Originally Posted by WTF
You are blowing these Tea Whiners argument to chit.
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0zombies deserve $200 NIKES... the WTFers
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12-19-2015, 02:23 AM
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#14
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Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
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Quote:
Originally Posted by DSK
If the when is 200 years from now, who gives a fuck? I think we can keep our Ponzi scheme going until then. When you think about it, debt owed in dollars doesn't mean shit when we print it! Plus, the total net assets of our citizenry is far above the debt. Our country and the right to tax its citizens is probably worth 100 trillion dollars, so our debt is low in debt to equity terms.
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You keep spouting this shit, with no support. No rational economist supports runaway debt. And what about the efforts of China to replace the world's reserve currency with the yuan? The more money we print, the less attractive the dollar becomes worldwide.
You are a dangerous fool on this topic.
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12-19-2015, 08:21 AM
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#15
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by CuteOldGuy
You keep spouting this shit, with no support. No rational economist supports runaway debt. And what about the efforts of China to replace the world's reserve currency with the yuan? The more money we print, the less attractive the dollar becomes worldwide.
You are a dangerous fool on this topic.
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So are you saying that China is a bigger threat than ISIS. You better tell our right wing loonies...they are wanting to head back to war and really blow up the debt.
How can he be a dangerous fool on a topic from which he speaks the truth...what you have said is true too....are you a dangerous fool on this topic?
What do you mean no rational? Do you know how much this new oil in the last years has raised the value of our assets? He is not expousing run away debt...he is actually saying we have the means to cover said debt.
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