Why President Obama wants the economy to fail (Page 2): You can forget about this president have balls, unless it is detrimental to the U.S.

bdh1863q

You can forget about this president have balls, unless it is detrimental to the U.S.

Terry Hamblin

jasfourth401 wrote:

Obama could do a lot...but he won't. It is far too toxic an issue. But if he had a pair of you-know-whats, he'd throw this country a gut check and declare the practice of unfunded liabilities illegal.

My approach would be to attack the four big unfunded liabilities head on. First, I'd tell the department of defense to go find the $2.5 trillion in unfunded liabilities spent on the middle east wars and pay it back. It wasn't included in their annual budget requests. They spent it. Now they need to find how to repay it out of ongoing budget allocations.

Next, I'd toss the hot potato of the Bush era tax cuts back on congress. When that law passed, there was no provision to "pay back" the treasury with the lost $2 trillion in revenue. Well, this ain't no free lunch. That's like parking the new Lexus in the driveway and stiffing the loan company. Doesn't work in the real world...and it's time to claw back the lost revenue. I don't care if its tax hikes or program cuts. Time to even it out.

Next, this country needs a reality check with the third (and most dangerous) unfunded liability...Medicare Part D. It already runs a $3,000 per person yearly deficit, or $600 billion to date. And it is exploding to $100 billion every year by 2020. Rates must go up. Reimbursements to drug companies must come down.

Last, and most important, "carry forward interest", now running $400 billion every year...just to fund the interest on the debt. This has to stop. Now. And the only way to come to grips is try to slow it down. A yearly federal line item needs to be added to pay a portion of that bill...maybe 20% or $80 billion every year.

Obviously no one in that pathetic pile of DC bureaucrats will do anything. They want status quo. They want all of us to argue one way or the other about who is to blame. That's how they win. They get us to squabble about crumbs while they pick our pockets. And the best way to give them a wake up call is for someone, like a president with balls, to announce an across the board cut of 10% against every federal department. That would get their attention. Oh, and drag every single one of them kicking and screaming into the benefit pool us regular slobs enjoy...like social security and "free market" healthcare. It's time for this country's leaders to walk in the shoes of its citizens. They need to feel what's it's like to live in the real world...and DC isn't it.

Thank you for asking and have a great weekend.

Obama could do a lot...but he won't. It is far to... (show quote)

Interest is dead money except for those who are reaping it's benefits. The Federal Reserve is owner of 15% of the interest debt that the US owes. The Federal Reserve is buying millions of dollars worth of Government Bonds every day and cashing them in for the principal and "interest" when they come due! The Bankers have been zealously, (with money), guarding their golden investment for almost as long as this country has been in existence. The US Government has every right in the world to print it's own money and escape the interest payments to the Federal Reserve, however when there is so much money in play to thwart the latter, (put Congressmen on the payroll), will we ever get back to President Lincoln's "Greenbacks"? Also, don't forget that in the situation that our country is in, Interest begets Interest, so if you borrow to pay interest you are just fomenting more interest! Down with the Federal Reserve, not a dime!

funguy1949

jasfourth401 wrote:

There is no need to get a book. What is needed he... (show quote)

hey jasfourth401 your forgetting who your speaking to A BRAINWASHED/BRAINDEAD LIBERAL DEMWIT it's like you can lead a horse to water but you can't make him drink it they are just DEAF/DUM/BLIND but if this country does and will go under these same demwits will be in the same boat with us you know what I say it's time to lock & load boys we don't want this boat to sink.

Patty

People need to ask themselves where does the money come from that the fed uses to buy our debt? It comes from absolutely nowhere. Thin air, has created debt thrown onto the American people.

Terry Hamblin wrote:

Interest is dead money except for those who are re... (show quote)

:thumbup: :thumbup:

godzhellraisinson Loc: Las Vegas, Nevada

Then lets do something about this asshole. Mke. hain im an American i reside in vegas my number 7024096258 let us citizens come together and take our home back and our manhood slash essence. were destined to be dead as a nation dont let it come to this!!!

Patty

deleted post.

godzhellraisinson wrote:

Then lets do something about this asshole. Mke. hain im an American i reside in vegas my number 7024096258 let us citizens come together and take our home back and our manhood slash essence. were destined to be dead as a nation dont let it come to this!!!

J Anthony Loc: Connecticut

bdh1863q wrote:

I suppose the 9 trillion added to the debt under what's his name is OK with you. You are a liar. You are not a conservative.

The debt has more to do with our usurious monetary-system and the fact that private bankers own and create our currency. Its been this way for 100 years. It has little to do with what any president does, and more to do with our collective ignorance of how the economy and currency-creation really works. Check out Ellen Brown's book "Web Of Debt" for a factual, non-partisan history and analysis. Its the most important book of the early 21st century.

Patty

Then why did you reply to my post moron?
"Patty wrote:
What you should find is a basic economics book. Obama has added 5 trillion to our debt. He got a total bonus the first year when the TARP bailout money went on Bush's budget and the money paid back went in his column. There is also the little matter of 100 billion that Obama has promised to the IMF to boost SDR's. This admin is nothing but creative bean counters and anyone who believes the fairy tale numbers coming out of Washington is a fool. Here is a good example. Did you know that they can now count the inventory sitting on the shelves, in the back warehouse and in shipping warehouses as GDP now? That makes an enormous difference with just all the inventory Walmart has. Don't believe everything you read.

jonhatfield wrote:
"Don't believe everything you read".....in particular don't believe anything Pat posts. It's all twisted to discredit America and promote Russian propaganda lines". http://www.youtube.com/watch?v=C_Kh7nLplWo

jonhatfield wrote:

"Moroon" and "ignoranmous" yourself, Pat. I wasn't telling you...I was telling everyone else about you. Difficulty understanding basic spoken English, Pats? One wonders why. :XD: :XD: :XD:

Consult one of the other operatives before you post ignoranmously, sweetie. :idea: :hunf: :hunf:

permafrost Loc: Minnesota

jasfourth401 wrote:

Obama could do a lot...but he won't. It is far too toxic an issue. But if he had a pair of you-know-whats, he'd throw this country a gut check and declare the practice of unfunded liabilities illegal.

My approach would be to attack the four big unfunded liabilities head on. First, I'd tell the department of defense to go find the $2.5 trillion in unfunded liabilities spent on the middle east wars and pay it back. It wasn't included in their annual budget requests. They spent it. Now they need to find how to repay it out of ongoing budget allocations.

Next, I'd toss the hot potato of the Bush era tax cuts back on congress. When that law passed, there was no provision to "pay back" the treasury with the lost $2 trillion in revenue. Well, this ain't no free lunch. That's like parking the new Lexus in the driveway and stiffing the loan company. Doesn't work in the real world...and it's time to claw back the lost revenue. I don't care if its tax hikes or program cuts. Time to even it out.

Next, this country needs a reality check with the third (and most dangerous) unfunded liability...Medicare Part D. It already runs a $3,000 per person yearly deficit, or $600 billion to date. And it is exploding to $100 billion every year by 2020. Rates must go up. Reimbursements to drug companies must come down.

Last, and most important, "carry forward interest", now running $400 billion every year...just to fund the interest on the debt. This has to stop. Now. And the only way to come to grips is try to slow it down. A yearly federal line item needs to be added to pay a portion of that bill...maybe 20% or $80 billion every year.

Obviously no one in that pathetic pile of DC bureaucrats will do anything. They want status quo. They want all of us to argue one way or the other about who is to blame. That's how they win. They get us to squabble about crumbs while they pick our pockets. And the best way to give them a wake up call is for someone, like a president with balls, to announce an across the board cut of 10% against every federal department. That would get their attention. Oh, and drag every single one of them kicking and screaming into the benefit pool us regular slobs enjoy...like social security and "free market" healthcare. It's time for this country's leaders to walk in the shoes of its citizens. They need to feel what's it's like to live in the real world...and DC isn't it.

Thank you for asking and have a great weekend.

Obama could do a lot...but he won't. It is far to... (show quote)

JA, It is great to read a knowledgeable post on this subject, and one which expresses means to a solution. We all worry about the budget, but very few can offer any way out of the mess.

Thanks again, fine post. :thumbup: :thumbup: :thumbup: :thumbup:

Bogey Time

jasfourth401 wrote:

As a republican, and fiscal conservative, I find t... (show quote)

________________________________________________

I found the 4 line items you mentioned above
1) Barrow and spend Trillions of Dollars
2)Barrow and spend even more Trillions of dollars
3)Barrow and spend 10's of trillions of dollars
4) repeat line 3 and tell US its for our own good,LOL

Patty

Bogey Time wrote:

________________________________________________

I found the 4 line items you mentioned above
1) Barrow and spend Trillions of Dollars
2)Barrow and spend even more Trillions of dollars
3)Barrow and spend 10's of trillions of dollars
4) repeat line 3 and tell US its for our own good,LOL

:thumbup:

no1healey

Patty wrote:

"The presidents view of spending, deficits and debt is not merely Keynesian theory run amok. Its origins and objectives are far more terrifying. Where the traditional Democratic playbook for economic downturns was provided by Keynes and first made policy by FDR, the Obama template comes straight from Saul Alinsky.

Alinsky, the father of community organizing, hails from the presidents Chicago and is revered by todays fashionably leftist university faculties. His 1971 Rules for Radicals: A Pragmatic Primer for Realistic Radicals distills and updates Karl Marxs Das Kapital for the 20th century, as a how-to manual for exploiting the darker corners of human nature. Alinsky repackaged such Marxian terms as bourgoisie and proletariat into 20th century American idiom as Haves, Have Nots and Want Mores.

More ominously, Alinsky advises identifying an enemy and elevating and manipulating symbols to better unite and direct the passions of the community to be organized. Even worse, he addresses the central question of civil society do the ends justify the means? only in the context of goal-setting. Moral absolutes appear to have no place in his system, only controlling the political process matters without regard to the sanctity of the individual, the rule of law, and the rights of those who disagree.

In that context, the Presidents own statements and economic policies compel some alarming conclusions. Namely, that bloated federal spending does not serve the classic Keynesian purpose to ameliorate and ultimately end economic slumps inherent in free-market economies. Rather, it is an extension of Alinskys construct: to sharpen and exploit those downturns as means to achieve the objectives of the organizer.

Chronic deficits, massive increases in the national debt, and persistent joblessness are part of President Obamas plan for the transformation of America. You read that right: they are not a problem, but rather necessities as part of a broader plan to make America conform to their notion of fairness. That America will be much poorer overall and that a far greater percentage of her people dependent on the government, which is a success in their eyes.

Just what does the destruction of economic growth and opportunity create for Mr. Obama and his allies?"

"The presidents view of spending, deficits a... (show quote)

The American Economic train has been slowing for years under a concentrated effort to derail it. We just didnt see the whole picture for what it was . We were being distracted to side shows to "not see it " . Social reform will be the outcome of stopping the American Economic train.

Patty

no1healey wrote:

The American Economic train has been slowing for years under a concentrated effort to derail it. We just didnt see the whole picture for what it was . We were being distracted to side shows to "not see it " . Social reform will be the outcome of stopping the American Economic train.

:thumbup: All fiat currencies are a Ponzi scheme and the engine of the train is constant inflation to steal the wealth of the worker. It is a Ponzi scheme and is designed that it by nature will eventually fail. All of them have in the past and all will in the future.

CDM Loc: Florida

jasfourth401 wrote:

Obama could do a lot...but he won't. It is far too toxic an issue. But if he had a pair of you-know-whats, he'd throw this country a gut check and declare the practice of unfunded liabilities illegal.

My approach would be to attack the four big unfunded liabilities head on. First, I'd tell the department of defense to go find the $2.5 trillion in unfunded liabilities spent on the middle east wars and pay it back. It wasn't included in their annual budget requests. They spent it. Now they need to find how to repay it out of ongoing budget allocations.

Next, I'd toss the hot potato of the Bush era tax cuts back on congress. When that law passed, there was no provision to "pay back" the treasury with the lost $2 trillion in revenue. Well, this ain't no free lunch. That's like parking the new Lexus in the driveway and stiffing the loan company. Doesn't work in the real world...and it's time to claw back the lost revenue. I don't care if its tax hikes or program cuts. Time to even it out.

Next, this country needs a reality check with the third (and most dangerous) unfunded liability...Medicare Part D. It already runs a $3,000 per person yearly deficit, or $600 billion to date. And it is exploding to $100 billion every year by 2020. Rates must go up. Reimbursements to drug companies must come down.

Last, and most important, "carry forward interest", now running $400 billion every year...just to fund the interest on the debt. This has to stop. Now. And the only way to come to grips is try to slow it down. A yearly federal line item needs to be added to pay a portion of that bill...maybe 20% or $80 billion every year.

Obviously no one in that pathetic pile of DC bureaucrats will do anything. They want status quo. They want all of us to argue one way or the other about who is to blame. That's how they win. They get us to squabble about crumbs while they pick our pockets. And the best way to give them a wake up call is for someone, like a president with balls, to announce an across the board cut of 10% against every federal department. That would get their attention. Oh, and drag every single one of them kicking and screaming into the benefit pool us regular slobs enjoy...like social security and "free market" healthcare. It's time for this country's leaders to walk in the shoes of its citizens. They need to feel what's it's like to live in the real world...and DC isn't it.

Thank you for asking and have a great weekend.

Obama could do a lot...but he won't. It is far to... (show quote)

Thank you for the detailed response. Certainly the issues you highlight are significant drains on our economy. Be that as it may I am concerned with a less objective and perhaps more esoteric core issue; the transference of individual responsibility for one's life to other individuals, for life. This is not peculiar to the United States; it's natural human behavior. Most of the EU is exemplary. And it must be codified through government, as the will of the people, to persist.

There is a reason that Americans persist in hiring (electing) the dregs of their society to govern them (no distinction for Republican or Democrat, they are one in the same to me); they say because we are 'reasoning' beings, the highest order of life, the laws of nature do not apply to us and one is not responsible for ones own welfare. They promise protection from the misfortunes of having been born with perhaps a lesser ability than the person next to you. Such ability is of course highly subjective and only they, the governors can classify such ability and accompanying rewards or punishments.

You begin by saying that the this is too toxic an issue for Obama to address. Obama is nothing more than a link in a long chain of predators who understand the benefits of governance. In actual fact it is too toxic for the American people to address. And that in my mind is why your suggestions, as interesting as they are from a fiscal standpoint, are unattainable. We are not addressing the reality; the problem, if you will.

When the people...the very people who today are suffering the slings and arrows of their own stupidity... understand that each and every living being must participate in their individual welfare and only by this effort will those truly incapable be sustained out of compassion and caring, will we be on the right path. This will only be accomplished when those who govern arrange a system whereby every individual has the opportunity to pay ahead for their future existence; cold perhaps, but a fact of life.

I actually felt, early on, that Obama was on the right track with the ACA in forcing, if you will, young people to pay ahead for future healthcare. I sorely and obviously misunderstood. He is just propagating welfare, unsustainable future debt as you say.

In the end, what we're doing now will fail. It will not be Obama's fault, or Bush's fault or FDR's fault. It will not be the fault of whoever is in the chair at the time.

We need only look in the mirror to see the true culprits.

godzhellraisinson Loc: Las Vegas, Nevada

i frickin love what you posted man that is whats up. the only thing which its always been but hidden more so than the obvious corruption that they don't mind showing us. is that if fag fuck obama gets away with breaking constitutional laws that even the news reports then im sure every president after this so called African which he's arabic and not a real American will be worse than our president a.k.a. the same man that played the roll of osama bin laden and isn't it ironic we gotta fake black president because he can pass as one that soon as bin laden disapeared from the media the U.S. gets a black president . im a mixed black American and let me tell you barack is not trust me. he's a magician so to speak and a RUSSIAN SPY.