When will the USA pay their debts, if ever?

[NotLambchop]

^
The 50% -1 are welcome to GTFO and move anywhere that would take their sorry ass
Amazing how many of you whine about taxation, yet are too lazy/stupid/inept/scared to do anything about it.

You may now return to sulking & failing.

[shawshankinmate37927]

^
The 50% -1 are welcome to GTFO and move anywhere that would take their sorry ass
Amazing how many of you whine about taxation, yet are too lazy/stupid/inept/scared to do anything about it.

You may now return to sulking & failing.

Or they could just switch to a stateless form of money that can't be redistributed, confiscated, or inflated.  Bitcoin don't give a shit what the 50% +1 vote for.

[NotLambchop]

^
The 50% -1 are welcome to GTFO and move anywhere that would take their sorry ass
Amazing how many of you whine about taxation, yet are too lazy/stupid/inept/scared to do anything about it.

You may now return to sulking & failing.

Or they could just switch to a stateless form of money that can't be redistributed, confiscated, or inflated.  Bitcoin don't give a shit what the 50% +1 vote for.

Sure.  Unfortunately for those who have switched to BTCeanie BTCabies this stateless currency, they've lost two thirds of their spending power over the last year, if they haven't lost it to outright scams/"investing" in Bitcoin "securities." 
And this currency still can't be spent without converting it to real money

[shawshankinmate37927]

^
The 50% -1 are welcome to GTFO and move anywhere that would take their sorry ass
Amazing how many of you whine about taxation, yet are too lazy/stupid/inept/scared to do anything about it.

You may now return to sulking & failing.

Or they could just switch to a stateless form of money that can't be redistributed, confiscated, or inflated.  Bitcoin don't give a shit what the 50% +1 vote for.

Sure.  Unfortunately for those who have switched to BTCeanie BTCabies this stateless currency, they've lost two thirds of their spending power over the last year, if they haven't lost it to outright scams/"investing" in Bitcoin "securities." 
And this currency still can't be spent without converting it to real money

But they've gained quite a bit of spending power over the last two years.  If they continue to accumulate and dollar cost average there's a good chance they'll do quite well.  On the other hand, if they accumulate savings in fiat they'll just be serfs allowing politicians to amass more debt and bankers to keep inflating the money supply.  To each his own. 

[NotLambchop]

...
But they've gained quite a bit of spending power over the last two years.  If they continue to accumulate and dollar cost average there's a good chance they'll do quite well.  On the other hand, if they accumulate savings in fiat they'll just be serfs allowing politicians to amass more debt and bankers to keep inflating the money supply.  To each his own.  

Lol, if the whole exponentially increasing adoption/network effect mularkey has any weight, there were very few users 2 years ago.
What you're seeing now is a typical pyramid scheme profit curve

[shawshankinmate37927]

...
But they've gained quite a bit of spending power over the last two years.  If they continue to accumulate and dollar cost average there's a good chance they'll do quite well.  On the other hand, if they accumulate savings in fiat they'll just be serfs allowing politicians to amass more debt and bankers to keep inflating the money supply.  To each his own.  

Lol, if the whole exponentially increasing adoption/network effect mularkey has any weight, there were very few users 2 years ago.
What you're seeing now is a typical pyramid scheme profit curve

What you've been seeing is early BTC holders taking some profit off the table.  Nothing wrong with that. 

[NotLambchop]

...
What you've been seeing is early BTC holders taking some profit off the table.  Nothing wrong with that.  

Yeah, the smarter of us have already dumped

[master5]

Never. Debt will always be restructured. In order to pay the debt of this size you need to print a lot of dollars, which will lead to strong inflation.

[botany]

Never. Debt will always be restructured. In order to pay the debt of this size you need to print a lot of dollars, which will lead to strong inflation.

 The correct word to use would be refinanced. The debt would be continuously rolled over, as long as the United States does not collapse.

[Possum577]

the federal government has no money but what it steals from the population.
thats why its not mathematically possible for all the states to be subsidized by the federal government.
what happens in reality is that the rich states are paying for the poor.
its in their best interest to leave the union and stop subsdizing the deadbeat states.
a bonus point is that they get to escape paying the impossible debt the federal government has racked up.

It's hard to call it stealing in a democracy. The US citizens have the power of the vote and if they wanted to reduce or eliminate the debt or taxes they could vote to do so. Unfortunately, there's not organized effort to pool that voice, err vote, and make that desire a reality.

The government doesn't rule the people of a democracy, they only operate within the freedom and the ability granted to them by the People.

Just because 50% +1 of the voting cattle are able to choose the rulers and use the euphemism of "taxing" doesn't mean it isn't stealing from the 50% -1 and those that don't or can't vote.

www.youtube.com/watch?v=t5FNDRgPOLs

Ha, so because the 49% in your example aren't motivated enough to convince the 2% they need to change the laws it's considered stealing?

Don't be so naive AND LAZY!

The reality is that those in favor of paying taxes would be much higher than 51%, but I'm a big fan of you taking the energy you've spent on this site bitching about it to getting the population to vote taxes out. Don't blame democracy when people vote against your point of view, use the democracy to change things...

[shawshankinmate37927]

It's hard to call it stealing in a democracy. The US citizens have the power of the vote and if they wanted to reduce or eliminate the debt or taxes they could vote to do so. Unfortunately, there's not organized effort to pool that voice, err vote, and make that desire a reality.

The government doesn't rule the people of a democracy, they only operate within the freedom and the ability granted to them by the People.

Just because 50% +1 of the voting cattle are able to choose the rulers and use the euphemism of "taxing" doesn't mean it isn't stealing from the 50% -1 and those that don't or can't vote.

www.youtube.com/watch?v=t5FNDRgPOLs

Ha, so because the 49% in your example aren't motivated enough to convince the 2% they need to change the laws it's considered stealing?

Don't be so naive AND LAZY!

The reality is that those in favor of paying taxes would be much higher than 51%, but I'm a big fan of you taking the energy you've spent on this site bitching about it to getting the population to vote taxes out. Don't blame democracy when people vote against your point of view, use the democracy to change things...

There's no reason to try convincing someone to vote a particular way.  The political process is just a waste of money, time and energy.  That's money, time, and energy that could be spent on more productive pursuits.

People should be free to live in whatever system they want without without someone else forcing their religious, political, or economic idealogies on them.  If the majority of people out there are happy handing over their money to politicians, I say let them--no need to wait for a law.

[panju1]

There's no reason to try convincing someone to vote a particular way.  The political process is just a waste of money, time and energy.  That's money, time, and energy that could be spent on more productive pursuits.

People should be free to live in whatever system they want without without someone else forcing their religious, political, or economic idealogies on them.  If the majority of people out there are happy handing over their money to politicians, I say let them--no need to wait for a law.

Political systems evolve.
We have had monarchies, theocracies, dictatorships, etc...
The current flavor seems to be democracies - where the will of the majority is imposed on the others.

[funtotry]

There's no reason to try convincing someone to vote a particular way.  The political process is just a waste of money, time and energy.  That's money, time, and energy that could be spent on more productive pursuits.

People should be free to live in whatever system they want without without someone else forcing their religious, political, or economic idealogies on them.  If the majority of people out there are happy handing over their money to politicians, I say let them--no need to wait for a law.

Political systems evolve.
We have had monarchies, theocracies, dictatorships, etc...
The current flavor seems to be democracies - where the will of the majority is imposed on the others.

With a democracy everyone's voice/opinion can be heard equally which promotes fairness.

It is also better then the other kinds of political systems as all others as the will of the very few (less then 1%) is imposed on everyone else and violence is often used to enforce it.

[botany]

With a democracy everyone's voice/opinion can be heard equally which promotes fairness.

It is also better then the other kinds of political systems as all others as the will of the very few (less then 1%) is imposed on everyone else and violence is often used to enforce it.

Russian democracy is very different from American democracy. There is no consensus on what democracy actually is.

[jaysabi]

With a democracy everyone's voice/opinion can be heard equally which promotes fairness.

In theory. Practice has a funny way of not following theory though. In America, your voice is heard much more equally if you have millions of dollars to spend on political ads.

[NotLambchop]

^
>prob'ly Randian liber
>complains about successful people succeeding

Get good, bro, and you'll be heard too

[jaysabi]

^
>prob'ly Randian liber
>complains about successful people succeeding

Get good, bro, and you'll be heard too

I'd settle for hearing others less.

[keithers]

I really don't think that the USA will ever completely pay their debts, unless they just continue to print enough money to do so...

[NotLambchop]

I really don't think that the USA will ever completely pay their debts, unless they just continue to print enough money to do so...

Try to understand that pretty much every country in the world has external debt.  Here:  http://en.wikipedia.org/wiki/List_of_countries_by_external_debt
Of the 190 countries listed, only 7 (seven) have no external debt. 

All this debt is denominated in USD, the stuff the local lunatic fringe claims we print "out of thin air."
Therefore, according to them, the only thing needed for US to pay off all of its external debt is this:

!.  Fire up the printing presses.
2.  Print fuckton of $$$
3.  Pay off National debt.
4.  PROFIT!

[MS.drawing]

http://www.usdebtclock.org/
Lol really interesting link, crazy
World debt is also interesting