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Post by novie08 on May 6, 2016 10:13:33 GMT -5
We're gonna make an attempt to reverse again here.
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Post by jacksrbtr on May 6, 2016 10:15:29 GMT -5
You forgot the word "rotten"!  Thank you - I fixed it!  |
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Post by clinton on May 6, 2016 13:50:53 GMT -5
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Post by walnut on May 7, 2016 12:22:58 GMT -5
This bothered me quite a bit when I heard it. Talking about "re-negotiating" the terms of our bonds. This isn't a hotel Donald. |
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Post by walnut on May 7, 2016 12:23:29 GMT -5
A bond crash would be a slippery slope to recover from, when US credit worthiness begins to be talked about. I know that seems unimaginable looking at the bond price charts.
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Post by clinton on May 7, 2016 14:32:59 GMT -5
This bothered me quite a bit when I heard it. Talking about "re-negotiating" the terms of our bonds. This isn't a hotel Donald. Its almost like he WANTS people to vote for hillary |
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Post by walnut on May 7, 2016 18:01:36 GMT -5
This bothered me quite a bit when I heard it. Talking about "re-negotiating" the terms of our bonds. This isn't a hotel Donald. Its almost like he WANTS people to vote for hillary I hear ya but I cant quite go there. Trump is 20 minutes away from being president of the US, he is probably favored over Hillary as of now, he is not going to let it go. You know that. But his reckless practices will do us in. It will be USA 2.0 in 5 years |
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Post by walnut on May 7, 2016 18:28:40 GMT -5
Is there some intuitive information in this photo from Drudge? I think she has some neanderthal which DNA, which I have read is good. They are very much on the same wavelength here, aren't they?  |
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Post by novie08 on May 7, 2016 20:05:15 GMT -5
Guys, you know whoever wins is going to have to default in one way or another. There is no way to pay $21 Trillion and defaults have been used throughout history. I just think he's telling the truth. Hillary will never admit to the "d" word. It's going to be a rough road since they've kicked the can since 2008...we have discussed this again and again on this board. In fact, the whole world is swarming in debt. It's amazing to me that anyone would want to take the heat for failed Democrat and Republican policies over the last 50 years, beginning with the Great Society. They have Added 1/2 Trillion in new debt over just the last six mos.
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Post by huh on May 8, 2016 7:06:53 GMT -5
As soon as Hillary starts running graphs in her campaign ads like the one below, Trump won't stand a chance on the economic side:  (as of 2015)  But here's what I don't get:  How is it that if GDP is increasing, and spending growth slowing, how could debt possibly be increasing as fast as shown in the next chart? Seems to me someone "goofed" on the numbers somewhere along the way.  |
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Post by jacksrbtr on May 8, 2016 9:08:56 GMT -5
Guys, you know whoever wins is going to have to default in one way or another. There is no way to pay $21 Trillion and defaults have been used throughout history. I just think he's telling the truth. Hillary will never admit to the "d" word. It's going to be a rough road since they've kicked the can since 2008...we have discussed this again and again on this board. In fact, the whole world is swarming in debt. It's amazing to me that anyone would want to take the heat for failed Democrat and Republican policies over the last 50 years, beginning with the Great Society. They have Added 1/2 Trillion in new debt over just the last six mos. I'M WITH YOU NOVI!!! BUY GOLD!!!  |
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Post by walnut on May 8, 2016 11:18:56 GMT -5
Because what Obama did was not exactly spending. Just some bookkeeping entries- grow the debt, buy bonds. The asset side of the balance sheet grew approximately the same or somewhat more than the liabilities side (the capital gains go to retained earnings I suppose). Wasn't really Obama, was the Fed. Not to get partisan, but Reagan grew the debt to win the cold war. Bush grew the debt to beat the muzzies. I think that the dems fostered the problems with our enemies along to the point that they had to be dealt with, and that cost money. As soon as Hillary starts running graphs in her campaign ads like the one below, Trump won't stand a chance on the economic side: (as of 2015) But here's what I don't get: How is it that if GDP is increasing, and spending growth slowing, how could debt possibly be increasing as fast as shown in the next chart? Seems to me someone "goofed" on the numbers somewhere along the way. |
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Post by jacksrbtr on May 8, 2016 12:44:40 GMT -5
Partisan-shmartisan YOU ARE ABSOLUTELY RIGHT - Reagan BURIED the USSR with his defense spending strategy - they just couldn't keep up and finally fell like a ton of bricks as the famous strategist George Keenan predicted 40-50yrs earlier. At the time I was Chief of Stuff on a Heavy Water Reactor and later in-charge of a Small-Advanced Heavy Water Reactor design. They got canned because all of a sudden the Cold War was over (no more high need for tritium the gas which makes thermo-nuclear bombs go..."Pop!") |
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Post by novie08 on May 8, 2016 16:28:06 GMT -5
Guys, you know whoever wins is going to have to default in one way or another. There is no way to pay $21 Trillion and defaults have been used throughout history. I just think he's telling the truth. Hillary will never admit to the "d" word. It's going to be a rough road since they've kicked the can since 2008...we have discussed this again and again on this board. In fact, the whole world is swarming in debt. It's amazing to me that anyone would want to take the heat for failed Democrat and Republican policies over the last 50 years, beginning with the Great Society. They have Added 1/2 Trillion in new debt over just the last six mos. I'M WITH YOU NOVI!!! BUY GOLD!!! And SILVER! Hard assets at least for a while, just a bit sketchy on the timing. Here's Peter Schiff: finance.yahoo.com/news/donald-trump-just-exposed-americas-210000595.htmlTo get great again we need to recreate what made us great in the first place, and so we're going to have to let interest rates go up," Schiff added. "A big part of that is admitting that we aren't going to be able to re-pay the debt." |
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Post by clinton on May 9, 2016 9:15:10 GMT -5
I could wipe out the debt if I was president.
step 1. keep interest rates just above zero
step 2. lower military bases in foreign countries from over 800 to under 100. countries that want to keep us there must pay.
step 3. modest tariffs
step 4. 10% sales tax as long as we are participating in a war of any sort. war isnt free
step 5 spend 99% of what you actually bring in. no exception.
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Post by walnut on May 9, 2016 9:33:07 GMT -5
I am thinking that we made a mistake with Trump. Buyers remorse. This Chevy has all kinds of problems I am thinking.
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Post by novie08 on May 9, 2016 9:49:05 GMT -5
#5 is the obstacle. No President/Congressman ever wants to reduce spending, except for the Gingrich years.
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Post by walnut on May 9, 2016 9:56:13 GMT -5
I could wipe out the debt if I was president. step 1. keep interest rates just above zero step 2. lower military bases in foreign countries from over 800 to under 100. countries that want to keep us there must pay. step 3. modest tariffs step 4. 10% sales tax as long as we are participating in a war of any sort. war isnt free step 5 spend 99% of what you actually bring in. no exception. These are really good though. Even talking about our bonds is enough to jeopardize our reserve currency status. Being the world's reserve currency has allowed us to sell our basically free to produce paper money, just for having printed it. It is like being an NFL team who is always permitted 5 downs. It is an incalculable advantage that we don't want to lose. I am surprised if Trump doesn't appreciate that. He is just going into his default sniveling weasel mode, looking to worm his way out of paying his bills. It is what he does. |
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Post by clinton on May 9, 2016 10:08:09 GMT -5
you know if we closed bases and brought troops home that alone would be a stimulus, as they buy homes and sppend their paychecks in our country instead of elsewhere
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Post by clinton on May 9, 2016 10:08:52 GMT -5
can only imagine how many economies rely on base spoending over seas
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