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Just Reduce the Debt!
Sep 12, 2020 16:56:40   #
ldsuttonjr Loc: ShangriLa
 
You never hear the words "Reduce the Debt"

Everyone, including citizens and those who represent them, needs to understand this!  We don’t EVER hear politicians use the word DEBT.  The only word they use is DEFICIT because they NEVER adhere to a budget.  We always hear all of them promising to “decrease the deficit.“ There should be NO deficit, and we should stop talking about budget deficits!  We should want to start hearing how we can decrease the debt, NOT the deficit!
The nonpartisan Congressional Budget Office reports that the American government will soon reach a debt level equaling its entire gross domestic product. It will be the largest since 1945, the year World War II ended.
The p******c is partially responsible, but it is too easy an excuse to blame a v***s for politicians of both parties to stop spending and reduce debt.

Reply
Sep 12, 2020 17:11:29   #
BigMike Loc: yerington nv
 
ldsuttonjr wrote:
You never hear the words "Reduce the Debt"

Everyone, including citizens and those who represent them, needs to understand this!  We don’t EVER hear politicians use the word DEBT.  The only word they use is DEFICIT because they NEVER adhere to a budget.  We always hear all of them promising to “decrease the deficit.“ There should be NO deficit, and we should stop talking about budget deficits!  We should want to start hearing how we can decrease the debt, NOT the deficit!
The nonpartisan Congressional Budget Office reports that the American government will soon reach a debt level equaling its entire gross domestic product. It will be the largest since 1945, the year World War II ended.
The p******c is partially responsible, but it is too easy an excuse to blame a v***s for politicians of both parties to stop spending and reduce debt.
You never hear the words "Reduce the Debt&quo... (show quote)


Ain't gonna happen and here's why; the whole world exists in a condition of unpayable debt.

That's what eventually happens with any system based on debt.

We'll reduce debt, all right, but not until we go back to a gold standard or fractional reserve at the very least...

...and that's exactly what Trump will do in term II.

Reply
Sep 12, 2020 21:51:10   #
Milosia2 Loc: Cleveland Ohio
 
ldsuttonjr wrote:
You never hear the words "Reduce the Debt"


Everyone, including citizens and those who represent them, needs to understand this!  We don’t EVER hear politicians use the word DEBT.  The only word they use is DEFICIT because they NEVER adhere to a budget.  We always hear all of them promising to “decrease the deficit.“ There should be NO deficit, and we should stop talking about budget deficits!  We should want to start hearing how we can decrease the debt, NOT the deficit!
The nonpartisan Congressional Budget Office reports that the American government will soon reach a debt level equaling its entire gross domestic product. It will be the largest since 1945, the year World War II ended.
The p******c is partially responsible, but it is too easy an excuse to blame a v***s for politicians of both parties to stop spending and reduce debt.
You never hear the words "Reduce the Debt&quo... (show quote)


Thom Hartmann: How the GOP Used a Two Santa Clauses Tactic to Con America for Nearly 40 Years
Written by Thom Hartmann / AlterNet February 10, 2018
474
The only thing wrong with the U.S. economy is the failure of the Republican Party to play Santa Claus.
-Jude Wanniski, March 6, 1976

https://youtu.be/cgT9-cRhHnw

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Sep 12, 2020 23:01:31   #
Milosia2 Loc: Cleveland Ohio
 
In a nutshell!

Reply
Sep 12, 2020 23:31:40   #
BigMike Loc: yerington nv
 
Milosia2 wrote:
Thom Hartmann: How the GOP Used a Two Santa Clauses Tactic to Con America for Nearly 40 Years
Written by Thom Hartmann / AlterNet February 10, 2018
474
The only thing wrong with the U.S. economy is the failure of the Republican Party to play Santa Claus.
-Jude Wanniski, March 6, 1976

https://youtu.be/cgT9-cRhHnw


Everyone has used the same damn trick for MORE than 40 years.

Expand your view a little.

Reply
Sep 13, 2020 00:06:37   #
Milosia2 Loc: Cleveland Ohio
 
BigMike wrote:
Everyone has used the same damn trick for MORE than 40 years.

Expand your view a little.


The thread was “you never hear about reduce the debt.”
Could you expand on your dimwitted view.
It looks to me like not everyone is using it only the RepubliPIGs!

Reply
Sep 14, 2020 00:48:17   #
BigMike Loc: yerington nv
 
Milosia2 wrote:
The thread was “you never hear about reduce the debt.”
Could you expand on your dimwitted view.
It looks to me like not everyone is using it only the RepubliPIGs!


The title of the thread was about Republicans doing it.

This isn't a Republican or Democrat thing.

It's a currency thing...and it's global for the most part.

We're waaay past reducing the debt.

You're still buying into the same old lie.

Reply
 
 
Sep 14, 2020 08:51:33   #
Milosia2 Loc: Cleveland Ohio
 
BigMike wrote:
The title of the thread was about Republicans doing it.

This isn't a Republican or Democrat thing.

It's a currency thing...and it's global for the most part.

We're waaay past reducing the debt.

You're still buying into the same old lie.


This is the title of the thread;

Just Reduce the Debt!
This goes on to never even mention RepubliPIGs!

But you say it Was about Republicans but
It wasn’t about republicans.
It was a currency thing.
You need a pill or a nap or a vacation or something because I just can’t comprehend!

Reply
Sep 14, 2020 09:12:30   #
Milosia2 Loc: Cleveland Ohio
 
ldsuttonjr wrote:
You never hear the words "Reduce the Debt"

Everyone, including citizens and those who represent them, needs to understand this!  We don’t EVER hear politicians use the word DEBT.  The only word they use is DEFICIT because they NEVER adhere to a budget.  We always hear all of them promising to “decrease the deficit.“ There should be NO deficit, and we should stop talking about budget deficits!  We should want to start hearing how we can decrease the debt, NOT the deficit!
The nonpartisan Congressional Budget Office reports that the American government will soon reach a debt level equaling its entire gross domestic product. It will be the largest since 1945, the year World War II ended.
The p******c is partially responsible, but it is too easy an excuse to blame a v***s for politicians of both parties to stop spending and reduce debt.
You never hear the words "Reduce the Debt&quo... (show quote)


This debt level gets bigger everyday. Mainly because trump keeps injecting money into it.
With no return!
Nothing is manufactured, it’s basically money - making money !
How long before that cannot go on.
Is McConnell withholding stimulus money until closer to the e******n?
Who would that surprise?
All the money on the planet goes to paying debt.
This why there is no money for anything else.
My solution:
Call back all green backs for .10 / dollar.
Print new purple money to put into circulation each purple dollar is now worth .10
After 3 months drop this down to .05/dollar.
There is absolute No reason to have any Trillionaires on this planet!
The problem with the game of monopoly
Is that there is always only 1(one) winner.
Imagine going to school and finding 1 kid in the class has all the desks all the books and has fired the teacher!
You go to a ballgame and 1 guy owns all the seats and you don’t have a dime.
On and on bad business practices.

Reply
Sep 14, 2020 10:50:17   #
BigMike Loc: yerington nv
 
Milosia2 wrote:
This is the title of the thread;

Just Reduce the Debt!
This goes on to never even mention RepubliPIGs!

But you say it Was about Republicans but
It wasn’t about republicans.
It was a currency thing.
You need a pill or a nap or a vacation or something because I just can’t comprehend!


Sorry...too much weed.

You did post this in this thread, correct?

"Thom Hartmann: How the GOP Used a Two Santa Clauses Tactic to Con America for Nearly 40 Years"

That's what I commented on.

People are lost in the Republican/Democrat business and I'm saying if you begin with that premise the rest of your thought process is corrupted.

Reply
Sep 14, 2020 11:06:56   #
BigMike Loc: yerington nv
 
Milosia2 wrote:
This debt level gets bigger everyday. Mainly because trump keeps injecting money into it.
With no return!
Nothing is manufactured, it’s basically money - making money !
How long before that cannot go on.


Our currency system is based on debt. The dollar in your wallet is debt. The government borrowed from the Fed with interest. It's losing value while I write.

How could we possibly control debt if our currency system is based on it?

We plan to bankrupt the world central banking system and replace it with the gold standard.

The system is designed to quietly ROB working people through inflation (which we're about to see a little of) and it has a time limit.

Quote:
Is McConnell withholding stimulus money until closer to the e******n?
Who would that surprise?


Could be...wouldn't surprise me.


Quote:
All the money on the planet goes to paying debt.
This why there is no money for anything else.


By design. Then...when individuals and corporations and organizations and nations are as leveraged as they can be. Start a big damn war to mask the failure of the system, make everyone suddenly willing to borrow again to wage war and rebuild afterwards, reset the books, erase some memories, k**l some enemies and start it all over again.

Trump's e******n short-circuited that process. We would be at war with Russia in Syria NOW if Klinton had won. That was the plan...that was her assignment.

Quote:
My solution:
Call back all green backs for .10 / dollar.
Print new purple money to put into circulation each purple dollar is now worth .10
After 3 months drop this down to .05/dollar.


Just going back to the gold standard would be best.

Quote:
There is absolute No reason to have any Trillionaires on this planet!
The problem with the game of monopoly
Is that there is always only 1(one) winner.
Imagine going to school and finding 1 kid in the class has all the desks all the books and has fired the teacher!
You go to a ballgame and 1 guy owns all the seats and you don’t have a dime.
On and on bad business practices.


Funny...but I don't think the trillionaires are going to be around much longer. I think some of them are about to get the Mussolini treatment.

They thrive in shadow and Trump is forcing them to do things in defense of their little gig that are bringing them to light.


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