Question for the day

Question for the day

PostBy: lsayre On: Wed May 01, 2013 3:54 pm

The Federal Reserve is currently purchasing $85 billion worth of US Treasuries (US debt) monthly. That comes to more than one trillion dollars annually. That is quite close to what our Federal Government overspends each year, which has been hovering in the range of 1.2 to 1.3 trillion during the Obama administration. In effect, the Fed is eating our debt.

The question for the day is, where does the Federal Reserve get the money to do this?
lsayre
 
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Re: Question for the day

PostBy: Berlin On: Wed May 01, 2013 5:12 pm

thin air.
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Re: Question for the day

PostBy: dcrane On: Wed May 01, 2013 5:48 pm

Berlin wrote:thin air.


they simply cut down more tree's ....easy peazy mac N cheezy :clap:

the real question is... what do they do when all the tree's are gone :shock:
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Re: Question for the day

PostBy: lsayre On: Wed May 01, 2013 5:51 pm

It's probably only keystroke entries in a computer. About as real as bitcoins (or less real if that could be possible).
lsayre
 
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Re: Question for the day

PostBy: I'm On Fire On: Thu May 02, 2013 2:00 pm

Berlin wrote:thin air.


Magic more likely. They can't spare any more air. They might die.
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Re: Question for the day

PostBy: lsayre On: Fri May 31, 2013 7:39 pm

Todays question for the day is: What does it mean to "pay your fair share of taxes"?
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Re: Question for the day

PostBy: jpete On: Fri May 31, 2013 7:48 pm

As little as humanly possibly. :)
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Re: Question for the day

PostBy: franco b On: Fri May 31, 2013 7:54 pm

It means whatever our President wants it to mean. All we can know for certain is you ain't payin your fair share.
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Re: Question for the day

PostBy: lsayre On: Fri Jun 07, 2013 10:09 pm

Today's question for the day: Is the DOW which is hovering around its all time high level of 15,000 (plus) points an honest reflection upon the present valuation of America's corporate and economic strength (which one would presume by correlation to stock valuations is truly at an all time high), or upon the potential for the Fed's money created from thin air to somehow wind up in the stock market? Or is there something else driving stock valuations to the moon?
lsayre
 
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Re: Question for the day

PostBy: lsayre On: Sun Jun 09, 2013 7:50 pm

New question for the day: Should the 29 year old NSA whilstleblower be punished for revealing state secrets? And the bonus question is: If you feel a certain sentiment for the NSA whistleblower, do you believe that Bradley Manning and Julian Assange should be punished for their similar acts?

And the ultimate question: Will it ever be "right" to whistleblow upon a state that is clearly revealing its entrenched fascist roots and far reaching military/industrial complex tentacles with each new whistle that is blown.
lsayre
 
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Re: Question for the day

PostBy: jpete On: Sun Jun 09, 2013 9:25 pm

It's dangerous to be right when the government is wrong.

These guys are heroes.

If you disagree, explain how SOME traitors are "good"(i.e. Washington, Jefferson, et al) and SOME are "bad"(i.e. Manning, etc.)
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Re: Question for the day

PostBy: waldo lemieux On: Mon Jun 10, 2013 2:11 pm

The
jpete wrote:If you disagree, explain how SOME traitors are "good"(i.e. Washington, Jefferson, et al) and SOME are "bad"(i.e. Manning, etc.)


The perspective given by 200 yrs of time.
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Re: Question for the day

PostBy: lsayre On: Sun Sep 29, 2013 11:28 am

My question for today is: Why does the Federal Government need to "shut down" if the debt ceiling is not raised? After all, it takes in revenues of about $2.4 trillion per year, and this fact will not change if the debt ceiling is not raised. Is it possible for the Federal Government to run itself on $2.4 trillion per year? After all, $2.4 trillion is 16% of the nations GDP.
lsayre
 
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Re: Question for the day

PostBy: Hambden Bob On: Sun Sep 29, 2013 12:08 pm

1.) Will our Troops still get their meager pay and benefits? 2.)What money will be saved or over-spending eliminated if they shut-down? 3.)What will be lost if they shut-down? 4.)How will the IRS be impacted? 5.) Will the Gluttons in Washington still be paid with benefits,or will they simply pound the mid to low level Government worker?
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Re: Question for the day

PostBy: coalnewbie On: Sun Sep 29, 2013 12:46 pm

Well essential things like weekly pop concerts at the WH of course will continue. There are of course other vital things that need to proceed:

#1 The U.S. government is spending $750,000 on a new soccer field for detainees held at Guantanamo Bay.

#2 The Obama administration plans to spend between 16 and 20 million dollars helping students from Indonesia get master’s degrees.

#3 If you can believe it, the U.S. government has spent $175,587 “to determine if cocaine makes Japanese quail engage in sexually risky behavior”.

#4 The U.S. government spent $200,000 on “a tattoo removal program” in Mission Hills, California.

#5 The federal government has shelled out $3 million to researchers at the University of California at Irvine to fund their research on video games such as World of Warcraft. Wouldn’t we all love to have a “research job” like that?

#6 The Department of Health and Human Services plans to spend $500 million on a program that will, among other things, seek to solve the problem of 5-year-old children that “can’t sit still” in a kindergarten classroom.

#7 Fannie Mae is about to ask the federal government for another $4.6 billion bailout, and it will almost certainly get it.

#8 The federal government once spent 30 million dollars on a program that was designed to help Pakistani farmers produce more mangos.

#9 The U.S. Department of Agriculture once gave researchers at the University of New Hampshire $700,000 to study methane gas emissions from dairy cows.

#10 According to USA Today, 13 different government agencies “fund 209 different science, technology, engineering and math (STEM) education programs — and 173 of those programs overlap with at least one other program.”

#11 A total of $615,000 was given to the University of California at Santa Cruz to digitize photos, T-shirts and concert tickets belonging to the Grateful Dead.

#12 China lends us more money than any other foreign nation, but that didn’t stop our government from spending 17.8 million dollars on social and environmental programs for China.

#13 The U.S. government once spent 2.6 million dollars to train Chinese prostitutes to drink responsibly.

#14 One professor at Stanford University was given $239,100 to study how Americans use the Internet to find love.

#15 The U.S. Postal Service spent $13,500 on a single dinner at Ruth’s Chris Steakhouse.

#16 The National Science Foundation once spent $216,000 to study whether or not politicians “gain or lose support by taking ambiguous positions”.

#17 A total of $1.8 million was spent on a “museum of neon signs” in Las Vegas, Nevada.

#18 The federal government spends 25 billion dollars a year maintaining federal buildings that are either unused or totally vacant.

#19 U.S. farmers are given a total of $2 billion each year for not farming their land.

#20 The U.S. government handed one Tennessee library $5,000 for the purpose of hosting a series of video game parties.

#21 A few years ago the government spent $123,050 on a Mother’s Day Shrine in Grafton, West Virginia. It turns out that Grafton only has a population of a little more than 5,000 people.

#22 One professor at Dartmouth University was given $137,530 to create a “recession-themed” video game entitled “Layoff”.

#23 According to the Heritage Foundation, the U.S. military spent “$998,798 shipping two 19-cent washers from South Carolina to Texas and $293,451 sending an 89-cent washer from South Carolina to Florida”.

#24 The U.S. Department of Agriculture once shelled out $30,000 to a group of farmers to develop a tourist-friendly database of farms that host guests for overnight “haycations”.

#25 The National Institutes of Health paid researchers $400,000 to find out why gay men in Argentina engage in risky sexual behavior when they are drunk.

#26 The National Institutes of Health also once spent $442,340 to study the behavior of male prostitutes in Vietnam.

#27 The National Institutes of Health loves to spend our tax money on really bizarre things. The NIH once spent $800,000 in “stimulus funds” to study the impact of a “genital-washing program” on men in South Africa.

#28 According to the Washington Post, 1,271 different government organizations work on government programs related to counterterrorism and homeland security.

#29 The U.S. government spent $100,000 on a “Celebrity Chef Fruit Promotion Road Show in Indonesia”.

#30 The feds once gave Alaska Airlines $500,000 “to paint a Chinook salmon” on the side of a Boeing 737.

So it that leaves things that must be cut, like bullets for marines etc.etc.

Shut the whole thing down and leave it shut. pppplllleeeezzzeee. So this is supposed to be a threat???? You would think even a bunch of liberals would think it stupid.... nah, I'll rephrase that....
Last edited by coalnewbie on Sun Sep 29, 2013 12:54 pm, edited 1 time in total.
coalnewbie
 
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