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Posted on 2/12/16 at 7:40 pm to Vols&Shaft83
quote:you'd know budget deficits.
Vols
Posted on 2/12/16 at 7:44 pm to AllBamaDoesIsWin
quote:
just wait til we elect bernie
God willing.
quote:
then it'll double
Ladies and gentleman, the mind-blowing ignorance of America.
Posted on 2/12/16 at 7:47 pm to tigerskin
Federal government can print money. LSU cannot.
Posted on 2/12/16 at 8:04 pm to genro
quote:
the Fed is a private firm. Just guess who owns it, along with those other funds.
You say ourselves, but I'm not an ultra-wealthy internationalist aristocrat
The Fed was created by congress. Any and all profits by law go to the Federal govt. It can be changed, or abolished by an act of congress at any time.
We now return you to your regularly scheduled fox news regurgitation.
Posted on 2/12/16 at 8:05 pm to tigerskin
Most states can balance a budget
Posted on 2/12/16 at 8:28 pm to MIZ_COU
quote:It was created in a smokey room on an island off the coast of Georgia.
The Fed was created by congress.
quote:False. We don't know where they go. The Fed has never been audited.
Any and all profits by law go to the Federal govt.
quote:And yet it won't be they're bought and sold for just like Wilson was
It can be changed, or abolished by an act of congress at any time
quote:If you think Fox fricking News would ever say any of this or be any source of this type of information, you're beyond help. Jesus Christ.
We now return you to your regularly scheduled fox news regurgitation.
Posted on 2/12/16 at 8:48 pm to genro
I'm no fan of the fed, but if think they can make they govt pay them you are wrong.
Posted on 2/12/16 at 9:00 pm to MIZ_COU
What? They loan money to our banks (which they get by perfunctorily asking the Treasury to "print" money) then they are owed it back, with interest.
Posted on 2/12/16 at 10:26 pm to TT9
So your saying that we should have done nothing after 9/11?
Posted on 2/12/16 at 10:37 pm to X
quote:the national debt has doubled in eight years of obama
The budget deficit has been reduced by two thirds since the last Republican president
Posted on 2/13/16 at 12:33 am to Rhino5
They have to, it's required because states can't print money
Posted on 2/13/16 at 10:37 am to narddogg81
quote:
the national debt has doubled in eight years of obama
I'm a heavy republican and I admit Bush sucked on spending too. Obama has also been horrible but you expect that from a liberal socialist. But, both are practically behind us with Obama having less than a year left. The next guy better get it right or we could lose our entire economy and way of life. If you have any money you better go all cash for the next 3-5 years cause its going to get really really ugly. I have one word that should scare crap out of you. It's "demographics".
Posted on 2/13/16 at 10:43 am to bama1959
quote:Money ain't gonna be worth shite either. Gold and weapons will be the cornerstones of value in the years to come.
I'm a heavy republican and I admit Bush sucked on spending too. Obama has also been horrible but you expect that from a liberal socialist. But, both are practically behind us with Obama having less than a year left. The next guy better get it right or we could lose our entire economy and way of life. If you have any money you better go all cash for the next 3-5 years cause its going to get really really ugly. I have one word that should scare crap out of you. It's "demographics".
Posted on 2/13/16 at 11:18 am to tigerskin
so you're a Louisianan and an America, you double poor.
and if you live in BR you are probably triple poor
and if you live in BR you are probably triple poor
Posted on 2/13/16 at 11:38 am to coachcrisp
quote:
Money ain't gonna be worth shite either. Gold and weapons will be the cornerstones of value in the years to come.
Cash is king during deflation. It doesn't matter how much debt or money we print. If prices keep dropping cash is the best place to be. Unless you know how to short stocks. It's not as easy as you might think but I'm doing it.
Posted on 2/13/16 at 11:41 am to jackmanusc
quote:
See that fiscal year 2009 budget, that was bush's last one since the federal fiscal year starts in October of the previous year
This is so fricking stupid. Has to do with the revenues from the economy.
Post a graph of government spending going down.
Posted on 2/13/16 at 11:47 am to Vols&Shaft83
quote:
The budget deficit has been reduced by two thirds since the last Republican president.
Now that is a perfect example of a low information voter.
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