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Old 09-11-2012, 07:54 AM
 
Location: London UK & Florida USA
7,923 posts, read 8,829,215 times
Reputation: 2059

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Quote:
Originally Posted by eRayP View Post
LOL, Ok, I get the part that if we are no longer spending (borrowing) the money we are not increasing debt but then you are saying that "money that was spent on part of the war could then be applied to debt rather than war".

Ok so do we continue to borrow that money that was spent on war so we can then apply that money to the debt.

omg, no wonder this country is in trouble. Did you go to one of Obamas economic classes?
ANYONE who really wants to try to decrease our debt here should firstly stop the biggest cause of debt....... The Fed. The Fed is a private company owned by the Rothschilds etc etc.
All Countries borrow........ not just America.
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Old 09-11-2012, 08:42 AM
 
5,787 posts, read 4,702,818 times
Reputation: 853
Quote:
Originally Posted by eRayP View Post
LOL, Ok, I get the part that if we are no longer spending (borrowing) the money we are not increasing debt but then you are saying that "money that was spent on part of the war could then be applied to debt rather than war".

Ok so do we continue to borrow that money that was spent on war so we can then apply that money to the debt.

omg, no wonder this country is in trouble. Did you go to one of Obamas economic classes?

It's pretty scary isn't it?

Liberal Economics....they just don't GET IT
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Old 09-11-2012, 08:48 AM
 
Location: Philadelphia
11,998 posts, read 12,884,551 times
Reputation: 8360
I guess you could consider me a liberal. My stance:

Money spent on wars and foreign nation building has no economic benefit for anyone except blood thirsty defense corporations and the politicians that buy up their stocks. We are throwing Trillions down a black hole and most of the money is printed out of thin air, causing inflation and unjustified wealth.

The Federal Reserve enables endless war and the debt WILL NEVER be paid down until we stop paying interest to a private corporation for printing OUR MONEY. The Federal Reserve is meant to keep our country in perpetual debt. This is what people need to understand. And this is why all this debt talk is nonsense unless you mention the very system that keeps us in debt. The American people do not need to pay usury on their OWN money.

At least if we spend the made-up money in the US, we have a possibility for economic growth. But Obama has failed to stop the private wars and is following the Bush Doctrine plan of spending Trillions in a wasteland until 2014 so his point is mute. He is a proven liar and puppet, like all recent Presidents.

Last edited by 2e1m5a; 09-11-2012 at 09:04 AM..
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