Obama: 'Raising the Debt Ceiling...Does Not Increase OurDebt

Re: Obama: 'Raising the Debt Ceiling...Does Not Increase OurDebt

PostBy: plumb-r On: Mon Sep 23, 2013 5:41 am

The country survived 28 days of "shut down" when Clinton was president. I think we should go for the record! The tax and spend libs need a reality check. Which end wags the tail? :o
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase OurDebt

PostBy: I'm On Fire On: Fri Sep 27, 2013 8:16 am

Heard a good one this morning on my way to work. Bammy says that as long as they pay the interest on what's owed they aren't in default. How the hell does that work? Pretty sure when home owner Joe is underwater in his mortgage and the *censored* at the bank won't modify so it would be more affordable; Joe would be in default and foreclosure proceedings even though he's paying what he can on the note.

Must be nice to make up rules as you go. I think if the government can raise their debt ceiling and claim no default for paying only some of what they owe then the rest of the country should be able to as well. What's good for the goose is good for the gander and all that.

This administration makes me physically Ill. It disgusts me to no end.
I'm On Fire
 
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase OurDebt

PostBy: Rigar On: Fri Sep 27, 2013 8:34 am

i rarely talk to ppl that voted for obuma...
but when i do I ask them to super size that....and extra ketchup plz :D
Rigar
 
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase OurDebt

PostBy: samhill On: Fri Sep 27, 2013 9:19 am

Rigar, there you go being part of the problem, you say you want less spending but then ask for more of everything & you know you don't need that extra fruit or veggie or whatever it's considered this year. :rofl:
samhill
 
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase OurDebt

PostBy: Rigar On: Fri Sep 27, 2013 11:39 am

samhill wrote:Rigar, there you go being part of the problem, you say you want less spending but then ask for more of everything & you know you don't need that extra fruit or veggie or whatever it's considered this year. :rofl:



but Samhill
IM doing the spending here....which inturn drives the economy...right ??? :lol:

....i know....im a greedy pig wantin' that extra large !
Rigar
 
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase OurDebt

PostBy: samhill On: Fri Sep 27, 2013 12:00 pm

It's the damn free ketchup, you think it grows on trees? It's a short bush & hurts pickers backs to pick but noo you cons don't care about lowly pickers out in that hot Brazilian sun from sunup to sunset, always thinking about yourselves with your I want more ketchup attitude. What the heck are you doing in a fast food place anyhow, go to a ritzy sit down dinner type restaurant & don't forget to extend the pinky while drinking your dinner wine. Stay away from Mickey-D.s all that extra ketchup will cause the price of a unhappy meal to spike again, they are already trying to figure out where to put the picture of extra ketchup on a cash register key then they will charge & ruin it for everyone lib & con alike. :nono: :down:
samhill
 
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase OurDebt

PostBy: Rigar On: Fri Sep 27, 2013 1:13 pm

Brazilion....???
how many zero s are in One Brazilion ??

.......gotta be alot
Rigar
 
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase OurDebt

PostBy: samhill On: Fri Sep 27, 2013 5:17 pm

More than we will ever know,Rigar. Plumb, I always concern myself more to the other end, I know the con end & the trickle down & flowing down hill crap. ;)
samhill
 
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase OurDebt

PostBy: jpete On: Fri Sep 27, 2013 7:31 pm

I'm On Fire wrote:Heard a good one this morning on my way to work. Bammy says that as long as they pay the interest on what's owed they aren't in default. How the hell does that work? Pretty sure when home owner Joe is underwater in his mortgage and the *censored* at the bank won't modify so it would be more affordable; Joe would be in default and foreclosure proceedings even though he's paying what he can on the note.

Must be nice to make up rules as you go. I think if the government can raise their debt ceiling and claim no default for paying only some of what they owe then the rest of the country should be able to as well. What's good for the goose is good for the gander and all that.

This administration makes me physically Ill. It disgusts me to no end.


That's America for you. One giant "interest only" mortgage. What could go wrong? :D
jpete
 
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase OurDebt

PostBy: lsayre On: Fri Sep 27, 2013 8:02 pm

jpete wrote:That's America for you. One giant "interest only" mortgage.


A great analogy!
lsayre
 
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase OurDebt

PostBy: I'm On Fire On: Sat Sep 28, 2013 10:15 am

jpete wrote:
I'm On Fire wrote:Heard a good one this morning on my way to work. Bammy says that as long as they pay the interest on what's owed they aren't in default. How the hell does that work? Pretty sure when home owner Joe is underwater in his mortgage and the *censored* at the bank won't modify so it would be more affordable; Joe would be in default and foreclosure proceedings even though he's paying what he can on the note.

Must be nice to make up rules as you go. I think if the government can raise their debt ceiling and claim no default for paying only some of what they owe then the rest of the country should be able to as well. What's good for the goose is good for the gander and all that.

This administration makes me physically Ill. It disgusts me to no end.


That's America for you. One giant "interest only" mortgage. What could go wrong? :D


Well, I for one am hoping the bottom drops out again from all the BS this administration likes to give to people.
I'm On Fire
 
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase OurDebt

PostBy: carlherrnstein On: Sat Sep 28, 2013 8:11 pm

I blame bush ;) :D toothy
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase OurDebt

PostBy: Rigar On: Sat Sep 28, 2013 8:34 pm

carlherrnstein wrote:I blame bush ;) :D toothy


...which one ???
George or Harry ????
Rigar
 
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase OurDebt

PostBy: Vampiro On: Sun Sep 29, 2013 7:09 pm

It's amazing how gullible some individuals are. How is it an individual can believe that inflation (money printing) can confer benefits, or is even good for individuals in an economy? Would someone let another individual rob their home or savings account of 5 or 10% per year? What if the robber forewarned the individual of the theft that would take place. Would that make it easier to accept the thievery that will take place?

The monetary system is a disaster. The only reason it survives is because it is forced upon individuals. Legal tender laws force an individual to accept a media of exchange against their will. For if they do not comply, force will be used against them. If only we had different individuals running the fed, or different politicians, or more stimulus would things be better........That is the normal reaction from individuals. Yet things don't change, they get worse as freedom and liberty are stripped away. Repeating the same things over and over again and expecting the same result is insanity. The conclusion one can draw from government is insanity. Many individuals whom founded the nation believed that freedom should be expanded. Thomas Jefferson even said "I have no fear, but that the result of our experiment will be, that men may be trusted to govern themselves without a master" For that is the logical conclusion of freedom and liberty, if one truly believes in them. It can be no other way, as that would be antithetical to what freedom and liberty is.

For 6,000 years, gold was a preferred media of exchange. It was a commodity, and was tested on the market by individuals. It was considered valuable through it's properties, and therefore became an accepted media. The same goes for silver, but silver historically had less purchasing power than gold. It was normally used for smaller transactions. The only way fiat money which has no real value such as the dollar, and other "paper" money remain in existence is through legal tender laws and the force of government. In 1933 the government (through Executive order by FDR) robbed individuals of gold, which was required to be deposited into the federal reserve bank. Individuals were threatened with fines and imprisonment if they didn't comply. From then on, gold was not redeemable for dollars. The only time this happened was under the Bretton Woods agreement, which was a failure in it's inception (just as the FED RES is, as it mismatches assets and liabilities through fractional reserve banking). Individuals themselves could not redeem gold for dollars, but other countries could. When the politicians and the FED RES was caught pyramiding dollars on top of gold, instead of being robbed, the other countries demanded their gold back and were abandoning the inflated dollar. That was why Nixon closed the gold window, as there was an outflow of gold.

So, here is a thought experiment. What if an individual came to one's home and offered to buy it with monopoly money? Do you think someone would accept it? They would probably say no, and ask that individual to get off their land. So how is it someone can accept a worthless note made of wood pulp cotton, linen, and silk? Because a bunch of bankers and politicians say so? That has to be the most preposterous line one has ever heard of, and a horrid scam to boot. This would equate to someone accepting the monopoly money as a means of exchange for their home. For if the bankers and politicians would proclaim the new currency is monopoly money, many would rush to grab their board games and raid the bank. So there is a central bank which is "constrained" by politicians, as the central banks goal is to eliminate unemployment and market fluctuations, and also help the situation by controlling the rate of interest. Sadly, through force and threats of imprisonment and violence, others whom are not gullible are forced to comply with this nonsense, and are robbed of their freedom, liberty and media of exchange through currency debauchery.

The debt is growing, purchasing power has been continually reduced, savers are punished, and the market is manipulated continually. The results are disastrous, yet individuals keep believing the scam that is the dollar and the monetary system along with the bankers and politicians themselves.
Vampiro
 
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase OurDebt

PostBy: jpete On: Sun Sep 29, 2013 7:54 pm

Vampiro...I knew I liked you when I met you. :D

How's the Mark I working for you?
jpete
 
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