The fact of the matter is ALL presidents overspend..every single one of them contributed to debt rather than erase it. Only one president paid off all our national debt and that was Andrew Jackson. You want to get this nation out of debt? Stop borrowing money from the privately owned federal reserve bank!!! why on earth are we allowing a small group of bankers to print our money? and then loaned to our government? for what? DO you know there are only 3 countries left that dont have a Rothschild central bank?....check this out....
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The Rothschild family is slowly but surely having their Central banks established in every country of this world, giving them incredible amount of wealth and power.
In the year of 2000 there were seven countries without a Rothschild owned Central Bank:
Afghanistan
Iraq
Sudan
Libya
Cuba
North Korea
Iran
It is not a coincidence that these country, which are listed above were and are still being under attack by the western media, since one of the main reasons these countries have been under attack in the first place is because they do not have a Rothschild owned Central Bank yet. The first step in having a Central Bank establish in a country is to get them to accept an outrageous loans, which puts the country in debt of the Central Bank and under the control of the Rothschilds. If the country does not accept the loan, the leader of this particular country will be assassinated and a Rothschild aligned leader will be put into the position, and if the assassination does not work, the country will be invaded and have a Central Bank established with force all under the name of terrorism.
There is so much people do not understand about how we are ruled and controlled. People best learn quick, cuz we are not leaving the world in great shape for our children.
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The Rothschild family is slowly but surely having their Central banks established in every country of this world, giving them incredible amount of wealth and power.
In the year of 2000 there were seven countries without a Rothschild owned Central Bank:
Afghanistan
Iraq
Sudan
Libya
Cuba
North Korea
Iran
It is not a coincidence that these country, which are listed above were and are still being under attack by the western media, since one of the main reasons these countries have been under attack in the first place is because they do not have a Rothschild owned Central Bank yet. The first step in having a Central Bank establish in a country is to get them to accept an outrageous loans, which puts the country in debt of the Central Bank and under the control of the Rothschilds. If the country does not accept the loan, the leader of this particular country will be assassinated and a Rothschild aligned leader will be put into the position, and if the assassination does not work, the country will be invaded and have a Central Bank established with force all under the name of terrorism.
There is so much people do not understand about how we are ruled and controlled. People best learn quick, cuz we are not leaving the world in great shape for our children.
Actually, we haven't advanced as much as you would like to think.
We're still stuck using cars on primitive roads, rather than cars that can fly. Still haven't even come close to exploring our solar system. Thanks to 'progressivism', we no longer have the imagination and ingenuity that was unleashed during the golden era of American capitalism.
If you think about it, not much has really changed since the 1950s. Back then, everyone had TVs, modern appliances like dishwashers and washing machines...just like we do now. Oh, right...except our money isn't worth piss anymore so we need double-incomes to support the same lifestyle!hno:
If someone from 50-60 years ago got into a machine and landed in 2014, they wouldn't go into culture shock. Sure, the cars are better and technology has improved, no question, but nothing like going from horses to cars during the Golden era of American capitalism.
And what advanced infrastructure are you talking about? It's crumbling and unfixable because of all the government red tape and bloated bankrupt budgets!
Wait a minute...wasn't the 'stimulus' supposed to fix that? How'd those "shovel ready jobs" work out, genius?
"Epitome of perfection" lmao
Yep, Keynesians have been EMBARRASSINGLY wrong since the 1930s, alright! face)(*^%
You sir are very close to being exactly right IMO. One thing I want to dispute....we have advanced greatly....but it is not being shared with the rest of civilization and the technology is being solely used for WAR.
You know the American economy is shit, and soon the American Dollar wont be the World Standard right?
the reason the economy is barely staying afloat is because of our ability to print out "World Money" (the US Dollar) whenever we need to.
Let me give you guys an example: Little Johnny wants to buy stuff, and little Johnny works and makes some money, but he spends more then he makes. So Johnny got the idea to borrow money from his neighbors, as much as he can. So now Johnny buys what he needs, while still spending way more then he makes. But then its time to pay back the neighbors, but Johnny, since he is spending way more then he makes, cannot pay his debts. But Johnny has a great idea. Since where Johnny Lives, everyone uses Johnny dollars, cause Johnny has always had money, and he had the biggest house on the block. So Johnny decides to use his printer at home, and print as many Johnny dollars as he likes, it doesn't cost him anything, and he can spend as much as he likes. Soon Johnny is on a spending spree, giving all his neighbors Johnny Money, spending Johnny Money like crazy, and having people invest in his Johnny Money.
Now, how long before Johnny Money becomes worthless? Johnny can print it out whenever he wants, and it doesn't cost him anything, and he can use it for whatever he wants.
There are already talks (and deals) with China and quite a few other big countries, to stop using the US Dollar as the world currency. When countries BUY stuff from other countries, the value is in the form of US Dollars (since it is the worlds currency). So if Germany wants to buy Oil from the middle East, it must exchange its currency to dollars, before it can buy that oil. But, what happens when the country that owns the "worlds currency" is able to print it out whenever it wants, and spend it how ever it wants, even to pay its debts. That's why China and quite a few other countries are trying to shy away from the Dollar.
The dollar becomes more and more worthless as the months go by. How else can you explain how a business (the US Government) can spend $200,000,000 per HOUR (yes per hour) of money it DOESNT HAVE, 7 days a week, 365 days a year? Name me one business that can spend that much money that it doesn't have, and how long that business will stay afloat?
Some people on these boards are clueless, and go by what the "media" and government tells them. But if you do your own research, you can see how much trouble the United States is in. Why don't people actually want to see this road we are going down? Are they afraid of what they might find?
the reason the economy is barely staying afloat is because of our ability to print out "World Money" (the US Dollar) whenever we need to.
Let me give you guys an example: Little Johnny wants to buy stuff, and little Johnny works and makes some money, but he spends more then he makes. So Johnny got the idea to borrow money from his neighbors, as much as he can. So now Johnny buys what he needs, while still spending way more then he makes. But then its time to pay back the neighbors, but Johnny, since he is spending way more then he makes, cannot pay his debts. But Johnny has a great idea. Since where Johnny Lives, everyone uses Johnny dollars, cause Johnny has always had money, and he had the biggest house on the block. So Johnny decides to use his printer at home, and print as many Johnny dollars as he likes, it doesn't cost him anything, and he can spend as much as he likes. Soon Johnny is on a spending spree, giving all his neighbors Johnny Money, spending Johnny Money like crazy, and having people invest in his Johnny Money.
Now, how long before Johnny Money becomes worthless? Johnny can print it out whenever he wants, and it doesn't cost him anything, and he can use it for whatever he wants.
There are already talks (and deals) with China and quite a few other big countries, to stop using the US Dollar as the world currency. When countries BUY stuff from other countries, the value is in the form of US Dollars (since it is the worlds currency). So if Germany wants to buy Oil from the middle East, it must exchange its currency to dollars, before it can buy that oil. But, what happens when the country that owns the "worlds currency" is able to print it out whenever it wants, and spend it how ever it wants, even to pay its debts. That's why China and quite a few other countries are trying to shy away from the Dollar.
The dollar becomes more and more worthless as the months go by. How else can you explain how a business (the US Government) can spend $200,000,000 per HOUR (yes per hour) of money it DOESNT HAVE, 7 days a week, 365 days a year? Name me one business that can spend that much money that it doesn't have, and how long that business will stay afloat?
Some people on these boards are clueless, and go by what the "media" and government tells them. But if you do your own research, you can see how much trouble the United States is in. Why don't people actually want to see this road we are going down? Are they afraid of what they might find?
every time I read the thread title I start laughing, my sense of compassion and empathy rises too
how can I continue to bash such low information people? is it worth it? is it fair? it's like mocking kids as they get of the short bus that brings them to school
how can I debate a 10 second sound bite?
how do to win a debate with spin? the spinner don't be knowing any better
you can't reason with a cement wall
that I'm educated facade has been demolished long ago, it's just not there
how can I continue to bash such low information people? is it worth it? is it fair? it's like mocking kids as they get of the short bus that brings them to school
how can I debate a 10 second sound bite?
how do to win a debate with spin? the spinner don't be knowing any better
you can't reason with a cement wall
that I'm educated facade has been demolished long ago, it's just not there
Like always, you are saying a lot of words with absolutely zero substance. Nice try. You have a proven record of being horribly wrong about your "thoughts". And there is no way to debate this. The facts are clear as day. You just have to spin them somehow, which is where you guys get caught up and end up having to make stupid posts like this, lol.
Being the world reserve currency has nothing to do with our ability to "print out" our own money.
We have never missed a payment on our national debt in the last century.
No offense but there is nothing you typed here that says you have a "clue". Just common fear mongering crap that is not even close to reality. We can print as much of our own money as we want regardless of whether the rest of the world accepts it. The only thing you had right here is that the biggest issue with being the world reserve currency is oil prices. I'll give you that.
No they wouldn't. The Federal Reserve has complete control over interest rates and we are not dependent in the slightest bit on global demand for bonds. There will never be a day where we need a foreign country to give us our own money back in order to spend our own made up money. And there will never be a day where we can't pay a foreign country back if they want to be paid.
fratfraud is a militant Keynesian and Keynesians live in denial.
Is the Dollar Dying? Why US Currency Is in Danger
http://www.cnbc.com/id/100461159
"If the dollar loses status as the world's most reliable currency the United States will lose the right to print money to pay its debt. It will be forced to pay this debt," Bove said. "The ratings agencies are already arguing that the government's debt may be too highly rated. Plus, the United States Congress, in both its houses, as well as the president are demonstrating a total lack of fiscal credibility."
