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Fiscal Cliff

Old Dec 6, 2012 | 05:40 AM
  #11  
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The man blows through money like a habit and when the ride is over oh just blame the republicans. It's easy to do because they're the only ones writing proposals. It's crazy to think that on top of us, unborn kids will be picking up his bar tab.
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Old Dec 6, 2012 | 07:18 AM
  #12  
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I don't know why the need tax money. They create the money out of thin air anyway?



Gold and silver for me......
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Old Dec 6, 2012 | 11:37 AM
  #13  
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Also do some research before believing the hype from both sides. They always talk about budget cuts, yet spending always goes up...why is that? Lets go back and look at the damage created by demoncrats (sp? close enough) In 1974 they passed a bill that AUTOMATICALLY raises their spending amount and the best part...without any kind of reason needed... AT ALL, its just automatic every single year and has been going on since 1974. Not only that but then they do there normal budget and raises as needed on top of that. What a wonderful bunch of people America has been voting in for decades now wouldnt you say?
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Old Dec 6, 2012 | 08:12 PM
  #14  
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The funny thing about wanting to blame ONLY Congress is that the President signs the budget bills.



. . . and the Continuing Resolutions, when they don't feel like doing something spelled out in the Constitution like passing annual budget bills . . .
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Old Dec 6, 2012 | 10:05 PM
  #15  
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Originally Posted by Red Raspberry
I don't know why the need tax money. They create the money out of thin air anyway?



Gold and silver for me......
Close, very close. It's actually the Federal Reserve that prints money out of thin air when the us treasury puts in an order to them. Now lets say they print a billion dollars. We are then charged for that billion plus interest on top of that billion. So to break it down, federal reserve, a private bank, charges us over a billion dollars for printing 1 billion dollars that may have cost them $100,000 in ink, paper, machines, employees, whatever the overhead is, hell lets call it 100 million dollars to print one billion, thats one hell of a return dont you think? This be the very thing, well one of many things are forefathers fought against. Funny the lies I was taught in school, saying it was cause of taxes and other things. The people would have paid the taxes had the king left the debt free money system continue to operate, be he shut it down and the colonies quickly fell into debt.
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Old Dec 7, 2012 | 04:55 AM
  #16  
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Treasurey needs money, FED prints some, Banks in the good with the FED buy Treasury notes at 2%. Instant inflation for us .Instant profit for the banks.
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Old Dec 7, 2012 | 04:57 AM
  #17  
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* U.S. Tax revenue: $2,170,000,000,000

* Fed budget: $3,820,000,000,000

* New debt: $1,650,000,000,000

* National debt: $15,891,000,000,000

* Recent budget cuts: $ 38,500,000,000



Let's now remove 9 zeros and pretend it's a household budget:



* Annual family income: $21,700

* Money the family spent: $38,200

* New debt on the credit card: $16,500

* Outstanding balance on the credit card: $158,910

* Total budget cuts so far: $3.85
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Old Dec 7, 2012 | 08:45 AM
  #18  
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Originally Posted by Red Raspberry
* U.S. Tax revenue: $2,170,000,000,000

* Fed budget: $3,820,000,000,000

* New debt: $1,650,000,000,000

* National debt: $15,891,000,000,000

* Recent budget cuts: $ 38,500,000,000



Let's now remove 8 digits and pretend it's a household budget:



* Annual family income: $21,700

* Money the family spent: $38,200

* New debt on the credit card: $16,500

* Outstanding balance on the credit card: $158,910

* Total budget cuts so far: $3.85


There, I fixed it for you
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Old Dec 7, 2012 | 08:48 AM
  #19  
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^^^^



I feel better now.......
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Old Dec 7, 2012 | 03:09 PM
  #20  
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Originally Posted by Red Raspberry
* U.S. Tax revenue: $2,170,000,000,000

* Fed budget: $3,820,000,000,000

* New debt: $1,650,000,000,000

* National debt: $15,891,000,000,000

* Recent budget cuts: $ 38,500,000,000



Let's now remove 8 digits and pretend it's a household budget:



* Annual family income: $21,700

* Money the family spent: $38,200

* New debt on the credit card: $16,500

* Outstanding balance on the credit card: $158,910

* Total budget cuts so far: $3.85




LOL, nicely put, great example showing stupidity. And their 'solution' isn't "work harder or spend less", it is "ask you boss for more money...he probably has plenty. The fair thing to do would be for him to give you more even though you do the exact same or a worse job that you have been doing in the past."
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