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Old 03-13-2013, 05:51 PM
 
Location: New Hampshire
1,137 posts, read 1,397,830 times
Reputation: 1236

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Here's what candidate Obama had to say in 2008....


Obama says adding $4 trillion to debt is unpatriotic. - YouTube

I guess it's different when he's the one running up the debt though.

This man is a disgrace.
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Old 03-13-2013, 06:38 PM
 
19,023 posts, read 25,954,062 times
Reputation: 7365
Quote:
Originally Posted by Chimuelojones View Post
You got to admit He, slick Willy, and crazy Joe kicked ryan's ass on "Romeny's" proposed buget.
Not really.

What he proved is Democrats will spend until they can't.

Then of course the solution is to TAX.

Well Jack, the people are about TAXED OUT.

Would you recall what happened to one King George Rex for taxing the people too much?
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Old 03-13-2013, 06:42 PM
 
19,023 posts, read 25,954,062 times
Reputation: 7365
Quote:
Originally Posted by middle-aged mom View Post
I DK who you are talking about.

Ryan has been a career Politian with the exception of driving the Wiener Mobile for Oscar Mayer during the summer, while in school.

Obama was employed in private legal practices and taught law at the University of Chicago before getting into politics.

The next national election is in 2016. The parties will nominate their respective front runners based on their demonstrated ability at fund raising.
Oh is that right?

I'l have you know Mr and Mrs Obama do not and never did have legal Lic to practice under the code of law and can not buy or beg for these fake lic to ever be renewed.

Obama would have a better chance of getting his strings replaced. They are both frauds.
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Old 03-13-2013, 06:50 PM
 
Location: Houston
26,979 posts, read 15,878,217 times
Reputation: 11259
Quote:
Originally Posted by MUTGR View Post
He can tell you how bad Paul Ryan's budget sucks and how the sequester cuts would spell doom and gloom.
And what is his plan to fully fund Medicare and SS?
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Old 03-13-2013, 07:28 PM
 
20,706 posts, read 19,346,662 times
Reputation: 8278
Quote:
Originally Posted by pknopp View Post
Shape shifter's I tell you. They will get us in the end.
Financial shape shifters already have . The national debt is the money supply and there is not need nor want to pay it off. If there is any debt that need not ever be paid it is this one because to do so would merely shrink the money supply distorting the credit markets in the creditor's favor as if the bailout was not enough. We gonna create a FIRE sale for them?

These are the three major classes of debt:

* The national debt

...
* private debt to commercial banks
* the foreign debt.



Of the debt problem it is the latter of the two that is the big problem, and the only one people seem to talk about is the same one we use as the money supply on the cheap. The only way to pay it down without depressing the money supply is to borrow an equal amount from the banks. Or we could pay it down and just allow the real debt to banks grow with deflation. Your mind has been destroyed by the financial shape shifters and they feed one your lobotomized body.

Government Debt and Deficits Are Not the Problem. Private Debt Is. | Michael Hudson


The problem is the carrying charges on this private debt, and the fact that debt service is eating into personal income – and also business income – to deflate the economy.
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Old 03-13-2013, 07:30 PM
 
Location: southern california
61,288 posts, read 87,379,099 times
Reputation: 55562
the only adult in the room. the eddy murphy approach to success, never sweat and dont worry about skills and a plan, just act cool. oh i almost forgot promise them anything and dont talk about paying for nothin.
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Old 03-13-2013, 07:39 PM
 
Location: New Orleans, La. USA
6,354 posts, read 3,651,919 times
Reputation: 2522
Quote:
Originally Posted by MUTGR View Post
Americas deficits and national debt, have been caused by trickle down economics, and a unneeded Iraq war.

The US federal government had surpluses until GW Bush did trickle down economics, and started the Iraq war for no good reason.

As soon as GW Bush's tax cuts for billionaires, and the Iraq war end. Our deficits will go back down to sustainable levels.


America needs to learn that trickle down tax cuts create huge deficits. Thank God M. Romney did not get his $6.6 trillion dollar tax cut for Americas rich (all of that money would have gone to our national debt.)

Romney's Economic Plan Includes $6.6 Trillion Tax Cut For The Rich And Corporations | ThinkProgress

Last edited by chad3; 03-13-2013 at 07:53 PM..
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Old 03-13-2013, 08:08 PM
 
7,359 posts, read 5,460,493 times
Reputation: 3142
Quote:
Originally Posted by middle-aged mom View Post
Nice sensationalism.

Obama said there is " no immediate crisis. " The " chill out" seems to be your own value add.

This is all about SS and Medicare entitlements. Instead, people seem focused on welfare mamas and that the Obama family did not dine on a 59 cent can of corn last night.
Nice sensationalism of your own. 59 cent can of corn? You're doing exactly what you're complaining about.
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Old 03-13-2013, 08:10 PM
 
Location: Upper East Side of Texas
12,498 posts, read 26,977,850 times
Reputation: 4890
Quote:
Originally Posted by MUTGR View Post
You're not the first Black president either, Barry.
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Old 03-13-2013, 08:11 PM
 
7,359 posts, read 5,460,493 times
Reputation: 3142
Quote:
Originally Posted by Winter_Sucks View Post
How is it "falsely" propped up?
He just told you. With QE money instead of anything of real value.
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