Disgusted With Obama Administration.

• BGFalcons82

  

  ptown_trojans_1;1096186 wrote:We are not Greece.
  If the U.S. is Greece, then so is every other economy in the world....which is not accurate.

  Yeah, you're right. Our debt isn't anything like the Greek debt. Our total unfunded liabilities of $117,000,000,000,000 dwarfs the Greeks (by about what...50 to 1), according to the Debt Clock - http://www.usdebtclock.org/
  
  The huge difference between what the Greeks are going through vs. our future under Barry's guidance, is that Greece can hold out their hand for mo money from the other Euro countries, financial institutions, banks and Uncle Obama to sustain their utopian 'paradise'. While some maintain that austerity is ruining them, what's the answer...mo spending, mo debt, mo ostrich-like ignorance? Reducing spending is the proper medicine for their disease and it will pass. It will pass faster if they initiate pro-growth policies, but that's not going to happen under their big government solves-all leadership.
  
  Whom will Barry turn to when our markers are called?
• believer

  

  BGFalcons82;1096195 wrote:Whom will Barry turn to when our markers are called?

  The eeeeeeevil America rich...you know, the folks who have incomes $250,000 or higher.
• ptown_trojans_1

  

  BGFalcons82;1096195 wrote:Yeah, you're right. Our debt isn't anything like the Greek debt. Our total unfunded liabilities of $117,000,000,000,000 dwarfs the Greeks (by about what...50 to 1), according to the Debt Clock - http://www.usdebtclock.org/
  
  The huge difference between what the Greeks are going through vs. our future under Barry's guidance, is that Greece can hold out their hand for mo money from the other Euro countries, financial institutions, banks and Uncle Obama to sustain their utopian 'paradise'. While some maintain that austerity is ruining them, what's the answer...mo spending, mo debt, mo ostrich-like ignorance? Reducing spending is the proper medicine for their disease and it will pass. It will pass faster if they initiate pro-growth policies, but that's not going to happen under their big government solves-all leadership.
  
  Whom will Barry turn to when our markers are called?

  The U.S. is still the dominant world economy, while Greece is way down there. Big difference.
  The world's number one economy is not going to collapse any time soon. If it is, I expect the other economies to collapse soon too, and I don't see that.
  It will take much more to destroy the U.S. economy and reach Greece level.
  
  Keep talking Chicken Little.
• believer

  

  ptown_trojans_1;1096207 wrote:The U.S. is still the dominant world economy, while Greece is way down there.
  The world's number one economy is not going to collapse any time soon.
  It will take much more to destroy the U.S. economy and reach Greece level.

  Apparently $117 trillion is chump change.
• ptown_trojans_1

  

  believer;1096209 wrote:Apparently $117 trillion is chump change.

  No, it is a problem.
  But, it is not Greece level.
  It is not an either or.
  
  Greece was a mid to low tier economy, not the giant that is the U.S. Two completely different economies and economic models.
  Same as the other thread, you all are making generalizations and broad statements, but like everything, it is way more complex and requires analysis.
• BGFalcons82

  

  believer;1096203 wrote:The eeeeeeevil America rich...you know, the folks who have incomes $250,000 or higher.

  You mean "millionaires"?
• BGFalcons82

  

  ptown_trojans_1;1096207 wrote:The U.S. is still the dominant world economy, while Greece is way down there. Big difference.
  The world's number one economy is not going to collapse any time soon. If it is, I expect the other economies to collapse soon too, and I don't see that.
  It will take much more to destroy the U.S. economy and reach Greece level.
  
  Keep talking Chicken Little.

  As I wrote, there is a major difference between Greece and the U.S. The Greeks keep aksing for mo mo mo. We just keep printing money at unimaginable levels. Do you honestly believe there is no consequence for this? You do realize that interest rates can't be held at their current levels forever, right? You do realize that if Barry is re-elected we will be looking at a $20,000,000,000,000 national debt before he leaves office? If interest rates return to historical levels of 4 to 5%, then how do we pay the bond-holders of the debt?:
  
  1) Printing mo money will have the effect of raising the interest rates, so that will be out.
  2) Takeover more U.S. industries? Been there...doing that already.
  3) Raise taxes? Going to happen 1-1-2013. That will stimulate growth...right?
  4) Raid government pensions? Doing that already with an IOU placed in the account-holders. Does this sound anything at all like Social Security?
  5) Raid private 401K accounts? Coming to a financial institution near you soon.
  6) Beg the Far East to bail us out? Doing that now. Eventually won't they want some real collateral? Every lender I know of would do so.
  
  Can you imagine the day that the interest payments (or debt-service, or bond payments, or whateverthefuck you want to call it) are the #1 line item in our budget? Oh wait...I forgot...nevermind...Lord Harry says we don't need no stinkin budget. Right? The day this happens will be here sooner than you think and it will occur during a 2nd Sotero administration. Chicken Little? Do the math, ptown. Do the f-ing math.
• ptown_trojans_1

  

  BGFalcons82;1096250 wrote:As I wrote, there is a major difference between Greece and the U.S. The Greeks keep aksing for mo mo mo. We just keep printing money at unimaginable levels. Do you honestly believe there is no consequence for this? You do realize that interest rates can't be held at their current levels forever, right? You do realize that if Barry is re-elected we will be looking at a $20,000,000,000,000 national debt before he leaves office? If interest rates return to historical levels of 4 to 5%, then how do we pay the bond-holders of the debt? Printing more money will have the effect of raising the interest rates, so that will be out.
  
  Can you imagine the day that the interest payments (or debt-service, or bond payments, or whateverthe**** you want to call it) are the #1 line item in our budget? Oh wait...I forgot...nevermind...Lord Harry says we don't need no stinkin budget. Right? The day this happens will be here during a 2nd Sotero administration. Chicken Little? Do the math, ptown. Do the f-ing math.

  I agree it is a problem. Where I disagree is how severe it is.
  To me, its a long term problem, that does need addressed. But, I do not see a total collapse of the economy like Greece.
  I'll start to worry once the whole world starts to collapse, including Europe, India, Brazil, and China.
  I'll also start to worry once the U.S. slips to 2nd or 3rd in the world economy. Until then, I won't freak out.
  
  Actually, the number one payment in the budget is SS.
  And we do have a budget, its called a CR.
  
  If the new guy comes in, do you really expect the debt to really go down?
• believer

  

  ptown_trojans_1;1096271 wrote:I agree it is a problem. Where I disagree is how severe it is.

  Apparently Wyoming thinks it's approaching "severe" levels: http://trib.com/news/state-and-regional/govt-and-politics/wyoming-house-advances-doomsday-bill/article_af6e1b2b-0ca4-553f-85e9-92c0f58c00bd.html
• Footwedge

  BGFalcons82;1096195 wrote:Yeah, you're right. Our debt isn't anything like the Greek debt. Our total unfunded liabilities of $117,000,000,000,000 dwarfs the Greeks (by about what...50 to 1), according to the Debt Clock - http://www.usdebtclock.org/
  
  The huge difference between what the Greeks are going through vs. our future under Barry's guidance, is that Greece can hold out their hand for mo money from the other Euro countries, financial institutions, banks and Uncle Obama to sustain their utopian 'paradise'. While some maintain that austerity is ruining them, what's the answer...mo spending, mo debt, mo ostrich-like ignorance? Reducing spending is the proper medicine for their disease and it will pass. It will pass faster if they initiate pro-growth policies, but that's not going to happen under their big government solves-all leadership.
  
  Whom will Barry turn to when our markers are called?

  So...you will be voting for Ron Paul afterall. Welcome aboard. We don't like the fiscal insanity either. And only Paul would put a stop to it.
• believer

  

  Footwedge;1096418 wrote:So...you will be voting for Ron Paul afterall. Welcome aboard. We don't like the fiscal insanity either. And only Paul would put a stop to it.

  If Paul is the nominee...which ain't gonna happen. So I'll take my chances with Romney. It may be Obama-lite but it's less filling.
• Con_Alma

  believer;1096478 wrote:If Paul is the nominee...which ain't gonna happen. ...

  Agreed. There's no way he gets the nomination.
  
  It's more likely his son would be VP than him getting the nomination.
• QuakerOats

  ptown_trojans_1;1096186 wrote:We are not Greece.

  True:
  
  America’s per capita debt is worse than Greece.
  And Barack Obama still won’t slow down his spending. The national deficit is likely to top one trillion dollars again this year.
• ptown_trojans_1

  

  QuakerOats;1096585 wrote:True:
  
  America’s per capita debt is worse than Greece.
  And Barack Obama still won’t slow down his spending. The national deficit is likely to top one trillion dollars again this year.

  The U.S. is also still the global economy. The U.S. GDP is larger than all those countries combined. Yes, it is a problem, but won't lead to economic collapse.
  And spending is in Congress too, not just the Prez.
• believer

  

  Deficit spending cannot go on forever no matter how robust the U.S. GDP is. Sooner or later the bubble will burst and the entire world economy will be in shambles. The United States should lead by example and STOP the spending now.
• BGFalcons82

  

  Footwedge;1096418 wrote:So...you will be voting for Ron Paul afterall. Welcome aboard. We don't like the fiscal insanity either. And only Paul would put a stop to it.

  Don't hold your breath. I'd at least like to vote for a candidate that has a batting average. Mr. O-fer just doesn't cut it for me.
  
  On the other hand, someone mentioned a Romney-Rand Paul ticket. I could definitely get behind that one. Son Rand has far more persuasive energy and power than poppa does. Can you imagine the Rand Paul-Joe 'snoozin' Biden debate? That will be one for the ages.
• believer

  

  BGFalcons82;1096882 wrote:Don't hold your breath. I'd at least like to vote for a candidate that has a batting average. Mr. O-fer just doesn't cut it for me.
  
  On the other hand, someone mentioned a Romney-Rand Paul ticket. I could definitely get behind that one. Son Rand has far more persuasive energy and power than poppa does. Can you imagine the Rand Paul-Joe 'snoozin' Biden debate? That will be one for the ages.

  That ticket probably has the Bammer Camp a little nervous. March 6 will probably make the GOP ticket look a lot clearer. I'm ready to go after Obama and stop tosing rocks at each other.
• Belly35

  

  IWP I'm sorry for hurting your feeling ... That was shitty of me :laugh: Could you please post something so we all know you have chocked on that Liberal crap you been feeding on.
  
  
  Apologized ... The Public Servant apologized ... does anyone have to ask why "He's not my President"
• QuakerOats

  believer;1096609 wrote:Deficit spending cannot go on forever no matter how robust the U.S. GDP is. Sooner or later the bubble will burst and the entire world economy will be in shambles. The United States should lead by example and STOP the spending now.

  Precisely. And what have we got --- obama budget deficits into the multi-trillions for as far as the eye can see.
  
  It is a historic example of FAILED LEADERSHIP.
• QuakerOats

  BTW --
  
  [h=3]LightSquared CEO Made Donation To Democrats As Lawyers Sought White House Meeting.[/h]The Daily Caller (2/24, Boyle) reported LightSquared CEO Sanjiv Ahuja "made a maximum-allowable political donation to the Democratic Party on the same day his lawyers were trying to arrange a meeting between him and top White House technology officials" according to records and emails that "also show a questionable inconsistency, listing the CEO's employer as a company he hadn't worked for in a decade." The "requests and donation came soon after" the FCC "successfully propped up LightSquared, and subsequently demolished its competitor GlobalStar with regulatory muscle."
  
  
  
  more of that ......... change we can believe in ......
• Devils Advocate

  

  Belly35;1097405 wrote:IWP I'm sorry for hurting your feeling ... That was ****ty of me :laugh: Could you please post something so we all know you have chocked on that Liberal crap you been feeding on.
  
  
  Apologized ... The Public Servant apologized ... does anyone have to ask why "He's not my President"

  
  I have to.... Did you finnally go off the deep end and move to Kanada????
• QuakerOats

  No; he moved to Greece .......except he didn't actually have to go anywhere.
• Devils Advocate

  

  QuakerOats;1097734 wrote:No; he moved to Greece .......except he didn't actually have to go anywhere.

  Greek Butsecks mofo?
• believer

  

  http://freebeacon.com/trashing-tricare/
  
  More Obama audacity:

  The Obama administration’s proposed defense budget calls for military families and retirees to pay sharply more for their healthcare, while leaving unionized civilian defense workers’ benefits untouched. The proposal is causing a major rift within the Pentagon, according to U.S. officials. Several congressional aides suggested the move is designed to increase the enrollment in Obamacare’s state-run insurance exchanges.

• gut

  QuakerOats;1097497 wrote:BTW --
  
  LightSquared CEO Made Donation To Democrats As Lawyers Sought White House Meeting..

  Might be interesting if the max individual donation amounted to squat. It's the fundraisers and Super PAC's that get a politician's attention.