$708 BILLION
#1
It does me in. But if your the fed then it's a great plan. Is that with or with out interest?
That debt will never get paid if he gets it. The debt they have will never get paid as it is. They do not really care except to make sure that in fact it never gets paid off. The interest alone must be staggering.
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#2
Thats $14.33 per second for 14.3 trillion dollars for 32 years. Thats insane. They can't ever hope to get out of that hole. When are the people going to stand up and say enough?
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#3
Oh look mummy -> legal money laundring Smile
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#4
i think he's doing better than anyone else i saw.

if you can fix your manufacturing industry.
get more people in work. you'll get more tax. less social security and teh deficit will come down. whilst the usa want the proliferation of nukes to fall, they still need to keep the ones they keep up to date.
i agree that military spending is too high but he's making a start.
i'm sad the nasa moonbase project was halted.

also, i'm taking into account it wasn't obama who led america into the shit storm it's now facing. i do think he'll lead you out of it if he can get two terms in office. or at least lead the usa in the right direction.

god forbid mcain or the bitch get in next time. you think it's bad now.
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#5
(02-02-2010, 10:35 AM)billy Wrote:  i think he's doing better than anyone else i saw.

if you can fix your manufacturing industry.
get more people in work. you'll get more tax. less social security and teh deficit will come down. whilst the usa want the proliferation of nukes to fall, they still need to keep the ones they keep up to date.
i agree that military spending is too high but he's making a start.
i'm sad the nasa moonbase project was halted.

also, i'm taking into account it wasn't obama who led america into the shit storm it's now facing. i do think he'll lead you out of it if he can get two terms in office. or at least lead the usa in the right direction.

god forbid mcain or the bitch get in next time. you think it's bad now.

You have to be joking bill, thats per second for 32000 years man, is there not a problem with that, that does not require some pretty drastic action? Does not matter who could have or who does next time. They are all on the same path man.
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#6
(02-02-2010, 10:42 AM)Benny2guns Wrote:  
(02-02-2010, 10:35 AM)billy Wrote:  i think he's doing better than anyone else i saw.

if you can fix your manufacturing industry.
get more people in work. you'll get more tax. less social security and teh deficit will come down. whilst the usa want the proliferation of nukes to fall, they still need to keep the ones they keep up to date.
i agree that military spending is too high but he's making a start.
i'm sad the nasa moonbase project was halted.

also, i'm taking into account it wasn't obama who led america into the shit storm it's now facing. i do think he'll lead you out of it if he can get two terms in office. or at least lead the usa in the right direction.

god forbid mcain or the bitch get in next time. you think it's bad now.
You have to be joking bill, thats per second for 32000 years man, is there not a problem with that, that does not require some pretty drastic action? Does not matter who could have or who does next time. They are all on the same path man.
and your suggestions are....become a third world country. like the people will stand for that.

@vf. i hope he doesn't run again.

as to the woman. i think that's her aim. get some air time and run for the oval office.
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#7
Well I don't have all the answers thats for sure but it seems to me that something needs to change and change fast. I can't be alone in this observation, even someone that does not like me has to admit that in order for use as human's to be able to even begin to justify that kind of debt, there would have to be some kind of life altering event involved. I am not talking about the destruction off it either.
Here in Canada things are not so great, on the surface for people around the world looking in it must seem as though we have nothing to complain about. The truth is that everyone else's trouble's pale in comparison to our own. It's what we see every day that affects how we perceive life.
The total world wide amount of money spent on war, space exploration and anything related to those two subjects could be used to make life better for all who live on this planet. All that has to be done is for everyone that knows this to be true to stop supporting anyone or anything that has any involvement with those two issues. If you live in a part of the world where you can vote, call your representitives, send emails tell them it has to stop. They will listen if we all speak in unison.
Find out where your company has finanicial ties, if they are linked, quit. If we all do the same they will have to stop, there can be no profit made without a work force. This goes for military families as well. Everyone is scared to loose what they have, scared that if they stand up they will be on their own and as a result be banished for all time. It is the fear that keeps us under controll, it's all in our minds and it's put there by the people that we owe all of this cash to. They are by no means of low I.Q.'s and plan for their own families futures centuries in advance. Their greatest fear is the day we all stand up and say fuck you, we have paid all we are going to pay, not another god damned nickle and we are takeing back what you have stolen from us, our freedom. What are they going to do about it, there are far more of use than them. I would guess at one hundred thousand to one, conservatively.
So how does this friday at 8 AM sound?
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#8
so why give obama the blame. he's been here a year.

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that the bush admin spent so much on the war and left the countries defense sytems to rot is reprehensible.

that 9 years ago the usa had no deficit to speak of and now it owes trillions. thats obama fault. priceless.

the last eight years of war. obamas fault. just pull out of Afghanistan? at least he gave a date to pull out of afghanastan. and how are all those soldiers who are kicked out of the military going to find work. and the navy. lets not forget the airforce. then when you have national disasters lets not forget the national guard that no longer exist. the we have the all that equipment to get rid of. no infrastructure should someone say, look lets kick the arse of the usa. even poxy il kim could come over in rowing boats and wipe the floor with the usa. you think they wouldn't. vf has it right. the usa can't afford to lose the military. it brings in almost as much as it loses. who do you thinks paying for the weapons tech thats being built in the middle east. the usa fucked up by staying in iraq for so long. just that alone cost them too much. then the economy went apeshit because the gov didn't give a fuck what the banks were doing. now they are trying to give a fuck people are crying and say no with the regulations already.

the gop screwed every american so far up the ass that they now shit out of their mouths.
the gop screwed the fucking world. personally i'd burn evry last fuckin one of them.

it's okay saying this and that. we're now at a place thats not good and something has to be done. to simply shut up shop, sit back and tell everyone tough shit, you think that would work? seriously. the usa have ten% out of work, your advice if taken would put 75% out of work and turn it into third world country. the dollar standard would probably become teh euro standard. the canadian economy would collapse and you'd be hunting bear with a fuckin stick cos your money for ammo would be as useless as teh german mark at the height of german inflation. like zimbabwe you'd be buy bread not for 12 $ , no it would be costing you $12, 000, 000 dollars. your oil and natural resources would become worthless. your trade would flop lower than whale shit and the st Lawrence would freeze over due to lack of use, quicker than a witches tit in an ice box
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#9
Well thats one way to look at it from a no thats impossible we can't do it point of veiw, fear again and thats ok. Fear is a hard one, the consequences of what will happen are softwired into our heads by the very people that controll the purse strings at presant and far into the past, allmost to the point of being hardwired.
The fact remains that it is not impossible to do. So we stop paying, every nation stops, what happens, well we still need a useable hard currency to trade with thats still a fact of life at this time. Each country prints their own free from interest to their people with the same promise to pay affixed. Whats the difference? No middle man to manipulate the economy thats what. All those military and other people will not loose their jobs, we still need them, the use is obviouse except they will no longer be needed for war. At some point down sizing will become a fact but by that time other employment will develope in feilds that will burst into action like cleaning up the planet, Education, healthcare, damn there are so many i can't list them all. feed and cloth every person on the planet and supply them with a home to live in, something to live for. How many people will 1 nuke provide for? The system will not crash, just change direction, it has to or we are fucked. This way that we have let ourselves be talked into living will be the death of us all. I do not have all the answeres but I do know this, the time for idle talk has past.
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#10
(02-03-2010, 10:37 AM)gcjm Wrote:  I'm glad to see that you guys are taking this seriously, and Billy and Benny are making some very valid points.

This isn't just a one country issue, this is a global concern and the answers are not easy to find.

I'll try and find some time to post a few comebacks after I've rested a little.
the usa can't wipe it's nose without it effecting the rest of the world (with a few exceptions)
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#11
hurray for the nobel peace prise
  • the partially blind semi bald eagle
Bastard Elect
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#12
(02-02-2010, 04:45 AM)gcjm Wrote:  I'm posting this at a few places to assess how opinions vary...

Democracy Now Wrote:Obama Seeks $44B Increase for Pentagon; $5B for Nuclear Arsenal

President Obama is unveiling a record $3.8 trillion budget for 2011 today. The budget would boost war spending while trimming domestic expenditures. Obama is seeking a $44 billion increase in the military’s budget. If approved, this will bring the Pentagon’s budget to $708 billion. The Obama administration is also asking Congress to increase spending on the US nuclear arsenal by more than $5 billion over the next five years. Obama is seeking the extra money despite a pledge to cut the US arsenal and seek a nuclear weapons-free world. The Obama administration argues that the boost in spending is needed to ensure that US warheads remain secure and work as designed as the arsenal shrinks and ages.

http://www.democracynow.org/

Source

Now check my math here please, but that figure blows my tiny mind..

For reference:

Quote:There are two systems for naming large numbers: the long scale and the short scale.
The short scale is employed in the USA, the UK and many other countries prefer the long scale. In the USA, a billion denotes one thousand million:
1 000 000 000 or 10 to the power of 9
The long scale is employed elsewhere, and so a billion equals a million million:
1 000 000 000 000 or 10 to the power of 12

So, the amount looks like this:

$708,000,000,000 = $708 thousand million

Let's divide that by the number of days in a non-leap year:

$708,000,000,000 / 365

= $1,939,726,027 plus change

So to make it simpler, let's just say $2 Billion a day.

The cost to each American citizen (roughly estimated at 305,000,000) is therefore $6 (plus change) per person per day.



Quote:How Much Is A Billion? A Trillion?

One example:

If we wanted to pay down a billion dollars of the US debt, paying one dollar a second, it would take 31 years, 259 days, 1 hour, 46 minutes, and 40 seconds. To pay off a trillion dollars of debt, at a dollar a second, would take about 32,000 years.

Source

So the 2011 budget for the Pentagon, if approved, will cost $6 per US citizen per day.

Obviously the total population of America is MUCH higher than the total of the employed population, therefore the cost to the working citizens of America will be much higher than a 'measly' $6.

Does this strike anyone else as insanity?

Please do not take this wrong, I do not mean to invalidate your topic or ridicule you. What you say here is a very valid topic.
BUt its old news..
And your math is wrong. Its $1,505 per person in 2008

Please continue.... Big Grin
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