Announcement

Collapse
No announcement yet.

My biggest fear.

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • #16
    Originally posted by Hallelujah View Post
    I AM comparing one year's of deficits to ONE ACT of deficit spending. Talk about head injuries!
    Ok, so I get that you're not the brightest bulb on the Christmas tree, but that doesn't mean you can't be taught......the national debt vs. a % of the GDP hasn't really changed that much, even though the number has gotten bigger, as a percentage, it's not really any bigger than it was under Reagan.....also the $850 billion bought assets, for pennies on the dollar....assets that still have cashflow, assets that we will be able to sell again some day, and the Treasury will make a profit....how do I know this....well, every time it's been done in the past, it has worked.....

    If Obama doesn't stimulate the economy via deficit spending, we'll see unemployment climb into the teens and stall the recovery by years, not months....you can talk about the debt and use all the FOXing rhetoric you want to jovial-tough guy your way through what you consider a rock-solid argument, but you really need to read....pick up some books, some reports, some history, and read, man. None of us like debt, especially not public debt, but it has its uses, and damned if this isn't a good time to use one of them. People are so scared about their money right now that the Treasury sold bonds for 0% interest in December....think about that....they were so scared of losing money that they chose to make no money at all on billions of dollars........that's the kind of situation we're in......no matter who took office today (even if he were your whiteboy Mormon wetdream Romney) they would all need to do the same thing, otherwise they'd Smoot-Hawley us into a full blown Depression.


    Federal Deficit
    09/30/2008 10,024,724,896,912.49
    09/30/2007 9,007,653,372,262.48
    09/30/2006 8,506,973,899,215.23
    09/30/2005 7,932,709,661,723.50
    09/30/2004 7,379,052,696,330.32
    09/30/2003 6,783,231,062,743.62
    09/30/2002 6,228,235,965,597.16
    09/30/2001 5,807,463,412,200.06
    09/30/2000 5,674,178,209,886.86

    Recent additions to U.S. public debt Fiscal year (begins
    10/01 of prev. year) Value % of GDP
    2001 $144.5 billion 1.4%
    2002 $409.5 billion 3.9%
    2003 $589.0 billion 5.5%
    2004 $605.0 billion 5.3%
    2005 $523.0 billion 4.3%
    2006 $536.5 billion 4.1%
    2007 $459.5 billion 3.4%
    2008 $1017.0 billion (proj.) 7.4%
    "Wuap's "problem" is that he is smart & principled & committed to a moral course of action. His actions are supposed to reflect his ethical code.
    The rest of us rarely bother to think about our actions." --Solon

    Comment


    • #17
      My biggest fear is accidentally zipping my manhood in my trousers fly.

      Comment


      • #18
        Originally posted by RobinFinderson View Post
        My biggest fear is accidentally zipping my manhood in my trousers fly.
        Mine is snakes.
        Get confident, stupid
        -landpoke

        Comment


        • #19
          Originally posted by RobinFinderson View Post
          My biggest fear is accidentally zipping my manhood in my trousers fly.
          501s, man.
          I intend to live forever.
          So far, so good.
          --Steven Wright

          Comment


          • #20
            Originally posted by Brian View Post
            501s, man.
            Not secure enough.

            Comment


            • #21
              Originally posted by RobinFinderson View Post
              My biggest fear is accidentally zipping my manhood in my trousers fly.
              Funny how it's frequently the little things that scare us the most.
              PLesa excuse the tpyos.

              Comment


              • #22
                Originally posted by creekster View Post
                Funny how it's frequently the little things that scare us the most.
                Is it too early to start submitting for the 2009 CUFfies?

                Comment

                Working...
                X