Bitcoin Forum

Not Happening, If the US falls or stops buying Chinese shit, they fall too.

"Even if every single American was taxed at 100% of their income, the government would still need to borrow money to pay for it's obligations."

Joke?

No, that's absolutely correct. I forget where there this is cited but I can vouch for it. The math adds up.

It proves the problems lies in our government's inefficiency and spending not a lack of money. In fact, there's more than enough funding, it's just it's all wasted on bureaucracy.

No, that's absolutely correct. I forget where there this is cited but I can vouch for it. The math adds up.

It proves the problems lies in our government's inefficiency and spending not a lack of money. In fact, there's more than enough funding, it's just it's all wasted on bureaucracy.

Clinton merely borrowed from other programs to pay priorities. The surplus was an illusion. A ruse.

A report commissioned in 2002 by O'Neill, while he was Treasury Secretary, suggested the United States faced future federal budget deficits of more than US$ 500 billion. The report also suggested that sharp tax increases, massive spending cuts, or both would be unavoidable if the United States were to meet benefit promises to its future generations. The study estimated that closing the budget gap would require the equivalent of an immediate and permanent 66 percent across-the-board income tax increase.

Show me your "sources" please  :D.

The republican lead houses' CBO verified the surplus even 2 years into the bush presidency.. but yall can pretend it didnt exist.

the us only gets about 50% of it;s revenues from income taxes so the crap that it is mathematically impossible to pay our debt is another lie praying on your ignorance. we get a ton of money from fees and tarrifs

we also arent printing up money like crazy.. in 2009 our money supply actually declined, last you it was at 6% which is 100% average, this year due to qe2 it will be anywhere from 8% -12% by the end of the year.. this is high but nothing.. china money supply has increased by 56% in the last 2 years, (their money supply is nearly double ours despite not being the world reserve currecency)

You can also look at the cbo reports each year since 1999 to see where the surplus went,, just google cbo and year.

50% of our current problem are the tax cuts.


most of yall are being lead by your total ignorance and you are a fool if you think that rolling back the bush tax cuts wouldnt help us a shit ton.


Anyone remember Pual O'neil?(r) bush's treasury sect, well before they fired him? (http://en.wikipedia.org/wiki/Paul_O'Neill_(Secretary_of_the_Treasury)#Bush_Administration)

THANK YOU for writing this quote, make me aware of things I didn't know as a "new" citizen of US. You just give me a great lesson of american history!

sure you do casue you cheered when cheney said "paul, you know reagan proved that deficits dont matter"
he said this when Paul released his report



deny that we are living in the very reality that Paul O'Neil (real republican, not this neo fascist theological shit we got today) predicted, go ahead and deny it.

You can view all the funding documents through The Freedom of Information Act. I've viewed them but I am not being paid enough to dig them out again. You can choose to believe the contrary on faith alone. Red pill or blue; your choice.