ptown_trojans_1;1096186 wrote:We are not Greece.
If the U.S. is Greece, then so is every other economy in the world....which is not accurate.

BGFalcons82;1096195 wrote:Whom will Barry turn to when our markers are called?

BGFalcons82;1096195 wrote:Yeah, you're right. Our debt isn't anything like the Greek debt. Our total unfunded liabilities of $117,000,000,000,000 dwarfs the Greeks (by about what...50 to 1), according to the Debt Clock - http://www.usdebtclock.org/

The huge difference between what the Greeks are going through vs. our future under Barry's guidance, is that Greece can hold out their hand for mo money from the other Euro countries, financial institutions, banks and Uncle Obama to sustain their utopian 'paradise'. While some maintain that austerity is ruining them, what's the answer...mo spending, mo debt, mo ostrich-like ignorance? Reducing spending is the proper medicine for their disease and it will pass. It will pass faster if they initiate pro-growth policies, but that's not going to happen under their big government solves-all leadership.

Whom will Barry turn to when our markers are called?

ptown_trojans_1;1096207 wrote:The U.S. is still the dominant world economy, while Greece is way down there.
The world's number one economy is not going to collapse any time soon.
It will take much more to destroy the U.S. economy and reach Greece level.

believer;1096209 wrote:Apparently $117 trillion is chump change.

believer;1096203 wrote:The eeeeeeevil America rich...you know, the folks who have incomes $250,000 or higher.

ptown_trojans_1;1096207 wrote:The U.S. is still the dominant world economy, while Greece is way down there. Big difference.
The world's number one economy is not going to collapse any time soon. If it is, I expect the other economies to collapse soon too, and I don't see that.
It will take much more to destroy the U.S. economy and reach Greece level.

Keep talking Chicken Little.

BGFalcons82;1096250 wrote:As I wrote, there is a major difference between Greece and the U.S. The Greeks keep aksing for mo mo mo. We just keep printing money at unimaginable levels. Do you honestly believe there is no consequence for this? You do realize that interest rates can't be held at their current levels forever, right? You do realize that if Barry is re-elected we will be looking at a $20,000,000,000,000 national debt before he leaves office? If interest rates return to historical levels of 4 to 5%, then how do we pay the bond-holders of the debt? Printing more money will have the effect of raising the interest rates, so that will be out.

Can you imagine the day that the interest payments (or debt-service, or bond payments, or whateverthe**** you want to call it) are the #1 line item in our budget? Oh wait...I forgot...nevermind...Lord Harry says we don't need no stinkin budget. Right? The day this happens will be here during a 2nd Sotero administration. Chicken Little? Do the math, ptown. Do the f-ing math.

ptown_trojans_1;1096271 wrote:I agree it is a problem. Where I disagree is how severe it is.

BGFalcons82;1096195 wrote:Yeah, you're right. Our debt isn't anything like the Greek debt. Our total unfunded liabilities of $117,000,000,000,000 dwarfs the Greeks (by about what...50 to 1), according to the Debt Clock - http://www.usdebtclock.org/

The huge difference between what the Greeks are going through vs. our future under Barry's guidance, is that Greece can hold out their hand for mo money from the other Euro countries, financial institutions, banks and Uncle Obama to sustain their utopian 'paradise'. While some maintain that austerity is ruining them, what's the answer...mo spending, mo debt, mo ostrich-like ignorance? Reducing spending is the proper medicine for their disease and it will pass. It will pass faster if they initiate pro-growth policies, but that's not going to happen under their big government solves-all leadership.

Whom will Barry turn to when our markers are called?

Footwedge;1096418 wrote:So...you will be voting for Ron Paul afterall. Welcome aboard. We don't like the fiscal insanity either. And only Paul would put a stop to it.

believer;1096478 wrote:If Paul is the nominee...which ain't gonna happen. ...

ptown_trojans_1;1096186 wrote:We are not Greece.

QuakerOats;1096585 wrote:True:

America’s per capita debt is worse than Greece.
And Barack Obama still won’t slow down his spending. The national deficit is likely to top one trillion dollars again this year.

Footwedge;1096418 wrote:So...you will be voting for Ron Paul afterall. Welcome aboard. We don't like the fiscal insanity either. And only Paul would put a stop to it.

BGFalcons82;1096882 wrote:Don't hold your breath. I'd at least like to vote for a candidate that has a batting average. Mr. O-fer just doesn't cut it for me.

On the other hand, someone mentioned a Romney-Rand Paul ticket. I could definitely get behind that one. Son Rand has far more persuasive energy and power than poppa does. Can you imagine the Rand Paul-Joe 'snoozin' Biden debate? That will be one for the ages.

believer;1096609 wrote:Deficit spending cannot go on forever no matter how robust the U.S. GDP is. Sooner or later the bubble will burst and the entire world economy will be in shambles. The United States should lead by example and STOP the spending now.

Belly35;1097405 wrote:IWP I'm sorry for hurting your feeling ... That was ****ty of me :laugh: Could you please post something so we all know you have chocked on that Liberal crap you been feeding on.


Apologized ... The Public Servant apologized ... does anyone have to ask why "He's not my President"

QuakerOats;1097734 wrote:No; he moved to Greece .......except he didn't actually have to go anywhere.

The Obama administration’s proposed defense budget calls for military families and retirees to pay sharply more for their healthcare, while leaving unionized civilian defense workers’ benefits untouched. The proposal is causing a major rift within the Pentagon, according to U.S. officials. Several congressional aides suggested the move is designed to increase the enrollment in Obamacare’s state-run insurance exchanges.

QuakerOats;1097497 wrote:BTW --

LightSquared CEO Made Donation To Democrats As Lawyers Sought White House Meeting..