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Old 03-02-2010, 03:13 PM
 
19,198 posts, read 31,471,463 times
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Quote:
Originally Posted by crazyfacedjenkins View Post
I can to Argentina. Maybe you never looked into is, but Argentina is a very recourse rich country with a once very diverse economy that was driven into the ground with excessive debt and spending. What makes the US so special?
As opposed to Argentina? Lack of any history of military dictators for one thing. Low likelihood of everyone trying to withdraw all their money from banks and convert it into US dollars for another.
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Old 03-02-2010, 03:15 PM
 
19,198 posts, read 31,471,463 times
Reputation: 4013
Quote:
Originally Posted by Sunny-Days90 View Post
We were suppose to have 5 million NEW jobs by now and this would not be happening.
Source?

Quote:
Originally Posted by Sunny-Days90 View Post
Obama has lost 9 million jobs, blame his sorry butt for this mess.
Source?
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Old 03-02-2010, 03:20 PM
 
12,867 posts, read 14,911,536 times
Reputation: 4459
Quote:
Originally Posted by saganista View Post
Just out of fairness, you perhaps should have noted that substantial portions of those numbers already do enter the US economy through the recipients' subsequent purchases of US goods and services.
they are in other countries where the money mostly stays, which is why it is called foreign aid.
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Old 03-02-2010, 03:21 PM
 
12,867 posts, read 14,911,536 times
Reputation: 4459
here is why we should all be concerned about the future:
U.S. National Debt Clock : Real Time

there is a breakdown on debt figures.
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Old 03-02-2010, 03:24 PM
 
19,198 posts, read 31,471,463 times
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Quote:
Originally Posted by crazyfacedjenkins View Post
HAHAHAH! Are we going to tax away all $14 trillion?
Probably not. But a number like that sets a very high bar for what can be raised by the public sector.

Quote:
Originally Posted by crazyfacedjenkins View Post
It is very clear that you must work for the gov.
Better me than you.

Quote:
Originally Posted by crazyfacedjenkins View Post
What is our current revenue? Total revenue for 2010: $2.38 Trillion
14% of which is already eaten up by interest: $164 billion
Nice math. Division is always the hardest of the four operations to master.
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Old 03-02-2010, 03:26 PM
 
Location: Home, Home on the Front Range
25,826 posts, read 20,698,449 times
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Quote:
Originally Posted by InformedConsent View Post
Exactly! Live within your means!
And when you have no 'means', what then?
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Old 03-02-2010, 03:37 PM
 
19,198 posts, read 31,471,463 times
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Quote:
Originally Posted by pghquest View Post
All I know is that Democrats have proclaimed to be "fiscal responsible" when they passed paygo, while enacting bills that ignore paygo..
Name a bill they have enacted that has ignored paygo. Paygo rules apply to certain bills that do certain things. Paygo rules also allow a 3/5-vote to waive the applicability of paygo requirements entirely. Thus any bill with a waiver complies with paygo rules automatically.

Quote:
Originally Posted by pghquest View Post
I dont need to know what the rules say, but clearly Bunning is more educated on the topic than you.
What in God's name would lead you to a conclusion like that?

Quote:
Originally Posted by pghquest View Post
Otherwise you wouldnt have your panties in a bunch whining and crying about how he is using rules created by Democrats, to stop Democrats from violating THEIR OWN RULES.
Unanimous consent is not a Democratic rule. Paygo used to be a rule but is now a law.

Quote:
Originally Posted by pghquest View Post
All you've done is proclaim "You havent read paygo" and then whined about the fact that Bunning is using paygo..
I was addressing YOUR attempts to make paygo pronouncements. Pronouncements for which you now admit there was no foundation or basis of any sort.
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Old 03-02-2010, 04:07 PM
 
19,198 posts, read 31,471,463 times
Reputation: 4013
Quote:
Originally Posted by pghquest View Post
Democrats in 2007 proclaimed they were going to have a balanced budget by 2011, and surpluses by 2012.. I want to know where this is? All we get is excuses from Democrats and "blame Bush", after THEY admit they were passing spending bills..
Can't you be any more disingenuous than that? Everyone knows what intervened between 2007 and today. All bets are off, thanks to Bush. Meanwhile, it is Congress' JOB to pass spending bills. Without them, government comes to a halt. Very few good things happen when that does. Just ask the Newtster...
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Old 03-02-2010, 04:16 PM
 
19,198 posts, read 31,471,463 times
Reputation: 4013
Quote:
Originally Posted by pghquest View Post
A bargain, absolutely today.. but you ignore that it might again be 6.39% in 10 years when these debts again need re-financed..
I don't ignore the possibility at all. I noted earlier today that nobody can tell you what yields will be ten years from now. I haven't changed my mind.

Quote:
Originally Posted by pghquest View Post
Are you now crediting Bush with providing us with "a bargain" interest rate? Of course not!!
Well, of course I am. By precipitating the worst global financial catastrophe in 75 years, he created so much fear and distrust in any investment vehicle other than US Treasury securities that these can now be sold in very large volumes at historically very low rates. The price we had to pay to get to this point was on the steep side, however. So steep that it stands as one of the various major factors suggesting that W might well have been the absolute worst President in the history of the republic.
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Old 03-02-2010, 04:17 PM
 
69,368 posts, read 64,096,009 times
Reputation: 9383
Quote:
Originally Posted by saganista View Post
Name a bill they have enacted that has ignored paygo. Paygo rules apply to certain bills that do certain things. Paygo rules also allow a 3/5-vote to waive the applicability of paygo requirements entirely. Thus any bill with a waiver complies with paygo rules automatically.
Do I have to be the first person to tell you that we are discussing one of those bills?
Quote:
Originally Posted by saganista View Post
What in God's name would lead you to a conclusion like that
Bunning isnt here whining about spending money that doesnt exist... You are..
Quote:
Originally Posted by saganista View Post
Unanimous consent is not a Democratic rule. Paygo used to be a rule but is now a law.
I know.. But all you do is keep talking about violating the law and spending the money even though the money hasnt been allocated..
Quote:
Originally Posted by saganista View Post
I was addressing YOUR attempts to make paygo pronouncements. Pronouncements for which you now admit there was no foundation or basis of any sort.
YOU JUST admitted there was a foundation, ITS THE LAW.. Man you keep flip flopping on your own postings..
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