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 Posted: Tue Oct 25, 2005 11:47 pm
http://www.uwsa.com/uwsa-usdebt.html
I want you guys to look at this here. Look on how easy our government spends our money. It is sickening. Every second, I see our debt rise about $10,000. Holy s**t, who the hell can spend that much in that short amount of time? No seriously, think about it. Think about how much are debt is. Just imagine the amount of $100 bills you need to lay out in order to understand 8 trillion dollars. It's sickening. Oh yeah, this site also explains(with a graph from the US treasury) that since 1993, THERE HAS BEEN NO SURPLUSES! No seriously, if there was a surplus, shouldn't our debt have gone down?
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Posted: Tue Apr 18, 2006 8:23 am
Well, there were surpluses - they simply weren't used to reduce the nat'l debt. The surpluses were too tiny and too short lived to make any kind of impact even if they were used as such.
And they were simply the result of an economic bubble which resulted in a high tax flow coupled with a low need for social funding - something that could never be sustained to begin with.
The surpluses simply meant the gov't managed to bring in more money than it spent, which, for the US gov't, is an impressive feat.
Paying off debt sucks and it has little reward other than bragging rights, and voters just don't care enough to make it a hotbutton issue. It was for the Republicans for decades until they became part of the problem, now even they don't care.
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Posted: Tue Apr 18, 2006 12:34 pm
Found something that made me think of what you said about "visualizing". $900 million: (guy and a Volkswagon, with $1 bills)  $87 billion: $272 billion: Therefore, $8 trillion would be almost 30 times the size of the above image... Essentially, 30 skyscrapers made entirely out of $1 bills. Source: http://www.crunchweb.net/87billion/index.htm___ Here's another thing to look at. Imaging that $8 trillion were a 30 year mortgage, at a modest 5% apr. Monthly payment: $42.9 billion Interest paid at closing: $7.46 trillion Total: $15.4 trillion dollars.
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Posted: Sun Apr 23, 2006 2:50 am
I love the lack of intelligence in the government spending. I knew a guy that was so choked up on his over his addictive spending that he had to pull out new credit cards to pay off previous credit card debt. Now everyone. including me, thought he was kind of a moron for having this kind of a spending habit. Then when I talked to same people about how the government was spending in the same way, they looked at me like I was insane.
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Posted: Thu Jun 29, 2006 1:13 pm
Namori-Chan Well, there were surpluses - they simply weren't used to reduce the nat'l debt. The surpluses were too tiny and too short lived to make any kind of impact even if they were used as such. And they were simply the result of an economic bubble which resulted in a high tax flow coupled with a low need for social funding - something that could never be sustained to begin with. The surpluses simply meant the gov't managed to bring in more money than it spent, which, for the US gov't, is an impressive feat. Paying off debt sucks and it has little reward other than bragging rights, and voters just don't care enough to make it a hotbutton issue. It was for the Republicans for decades until they became part of the problem, now even they don't care. Take a look at the monetary system and tell me how to pay off the national debt. It's impossible, the entire system is based on Bonds and debt, there is nothing tangible backing the dollar (and any other world currency for the matter). If all the debts were payed off around the world, then what would happen is the money supply would completely run out and people and nations will still be in debt due to interest. This is one reason I am so opposed to big government; this con-job called currency and the great collusion called a Centeral Bank. (The history of banks is not a pretty one, after I learned about the Rothschilds and Rockefellers I began to think lawyers were honest people in comparison to bankers) Also, paying off the debt is really important, I do not like the fact that governments like China and Saudi Arabia are buying it up and making profit off of it. Also , the less debt, the smaller the government plain and simple. However, thanks to the wonder of Keysian Economics, the world is plunging head long into more big government and less fiscal responsibility. (Sorry if this sounds like ranting, I am hungry right now and can't think straight, but the stuff about the banks are true)
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Posted: Thu Jun 29, 2006 10:11 pm
Our government wastes money. For example, we don't need to be funding NASA with a war right now. How about more domestic problems? They don't seem to care. Or how about that we're killing the enviornment? Oops nobody cares about that either. We'll just spend money on junk we don't need like an insane drug policy that treats pot like it's as bad as heroin.
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Posted: Fri Jun 30, 2006 5:45 am
celestasia Our government wastes money. For example, we don't need to be funding NASA with a war right now. How about more domestic problems? They don't seem to care. Or how about that we're killing the enviornment? Oops nobody cares about that either. We'll just spend money on junk we don't need like an insane drug policy that treats pot like it's as bad as heroin. Actually NASA does do a lot of reasearch in environbmental studies and alot of things come out of NASA that really improve technology and the standard of living. Besides we want the government to STOP funding certain domestic problems, such as welfare and medicare because libertarians believe that the private sector is much better suited for hanidling the public needs. I do agree that pot is not as bad as herion, but it is a substance that can severly damage a person's health and mental well-being, but that does not mean it should be banned, but at least regulated to how much can be sold at any given time.
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Posted: Sat Jul 01, 2006 3:37 am
Pepper, I do not agree with nasa. They don't really do anything useful. The way I see it, all that money going towards nasa could be used in the private sector for things that really matter. For all that money going towards nasa, means less production in the private sector...which is what people depend on the most for their everyday lives. Quote: I do agree that pot is not as bad as herion, but it is a substance that can severly damage a person's health and mental well-being, but that does not mean it should be banned, but at least regulated to how much can be sold at any given time. I disagree with this as well. If someone wants to buy 10 lbs of heroin...and has the funds for it, why can't they do that? It's their body and their choice of what to consume. Let them. You can try to convince them not to....but you can't force them not to...since you are not them.
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Posted: Tue Jul 11, 2006 9:35 am
Pepper the Fox celestasia Our government wastes money. For example, we don't need to be funding NASA with a war right now. How about more domestic problems? They don't seem to care. Or how about that we're killing the enviornment? Oops nobody cares about that either. We'll just spend money on junk we don't need like an insane drug policy that treats pot like it's as bad as heroin. Actually NASA does do a lot of reasearch in environbmental studies and alot of things come out of NASA that really improve technology and the standard of living. Besides we want the government to STOP funding certain domestic problems, such as welfare and medicare because libertarians believe that the private sector is much better suited for hanidling the public needs. I do agree that pot is not as bad as herion, but it is a substance that can severly damage a person's health and mental well-being, but that does not mean it should be banned, but at least regulated to how much can be sold at any given time. Very well with NASA, but we don't need to be thinking about going to Mars right now. The government needs to get a plan about getting rid of certain domestic programs, I agree. However, medicare is what they give older people, and I don't have a problem with that medicaid is a different story. As far as drugs go I think we should pick up the dutch policy.
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