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Old 04-30-2011, 10:56 AM
 
132 posts, read 139,114 times
Reputation: 100

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the US hasn't repaid it's debt since 1835 so I wouldn't hold my breath
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Old 04-30-2011, 01:50 PM
 
4,399 posts, read 9,065,960 times
Reputation: 2352
Quote:
Originally Posted by brien51 View Post
Their hero(s) have spent their future and now they want to renege upon the debt? They elected the people who drove us into deep debt and now they whine like spoiled babies... Typical of irresponible idiots in both DC and these people who haven't a clue of what's going on in the US today. If you said "world currency reserve" to them, they would look at you like you had two heads. Dopes, the lot of them, both in DC with some exceptions, and the general public, with some exceptions.
Have you sent in your check? And sorry the people you have elected have run up the debt. The current president has been in office for less than 3 years.
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Old 05-01-2011, 10:41 AM
Status: "1st day of summer feels like fall" (set 27 days ago)
 
5,485 posts, read 3,221,555 times
Reputation: 2144
Quote:
Originally Posted by kevinm View Post
President Bush proposed allowing people to divert just 2% of their contributions into private accounts.
Have you seen the current banking rates on savings,CD's lately? I will be damned if i invest another $100,000.00 in a CD with a 1% return for a year [thats just $1000.00 dollars interest].
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Old 05-01-2011, 11:05 AM
 
Location: Great State of Texas
86,093 posts, read 72,556,082 times
Reputation: 27566
Quote:
Originally Posted by Dumbdowndemocrats View Post
Have you seen the current banking rates on savings,CD's lately? I will be damned if i invest another $100,000.00 in a CD with a 1% return for a year [thats just $1000.00 dollars interest].
Meanwhile retirement calculators have 6-7% as the "default" return rate.
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Old 05-01-2011, 05:42 PM
 
Location: Bradenton, Florida
27,236 posts, read 41,409,778 times
Reputation: 10958
When I get a say in how it's spent, then it would be "my debt". And I don't believe in buying myself into debt in the first place. If I don't have the cash in hand, I don't need it that badly.
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