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Old 12-07-2011, 09:04 PM   #1
Pharmadryg

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Default We shouldn't pay off the debt or end entitlements.
Can you imagine the orgy of bailouts, war, dick washing programs and everything else that we'd be funding if there were no debt?

Does anyone question that we'd be at war with Iran this minute? That we'd have green intervention everywhere? That we'd be goosing the economy every fucking day? Bailing out Europe? Can you even imagine what the TSA would look like?

We'd do all of these things.. and more.. If there were no debt.

The fact that we're a few bucks from another downgrade is the only thing holding DC in check..

And we shouldn't end entitlements.. We should reform and means test them, and pay them out to the best of our ability. Sure, that makes them welfare, and that's fine. It's what they have become, thanks to decades of fiscal malpractice in DC.

They constitute a debt so large, that their immense size alone could be harnessed to constrain DC's other excesses.

Until and unless something is done to reform our interventionist, warmongering, money junkie government, the debt should NEVER be paid off..

It's the only thing left that's still big enough to stop them.

But we couldn't do it anyway, right? Even if we wanted to?

Perhaps we could.. A quick check on Wikipedia says there's about 60 trillion bucks in net worth, sitting around in the top 25% of American households.. Remember Donald Trump's offer to pay off the debt in exchange for various tax exemptions?

Imagine a lottery for a permanent 0% tax rate.. On everything. Forever. You could even include businesses in the competition if you wanted, or just isolate it to individuals.. Anyway..

Now imagine a spreadsheet.. with a column of names and dollar amounts beside them.. Ranked from largest to smallest. There could be a finite number of spaces available, or you could just leave it unlimited.. Anyway..

Like a game of musical chairs, the biggest contributors are at the top of the list, which then trails down to the smallest.. and once a figure is reached, say it is 5 trillion dollars.. The game stops, and the opportunity is over.

So, there's an incentive to go big and move fast.. The list can be as long or short as necessary.. All we're concerned with is hitting the target number... 5 Trillion seems reasonable..


Would that work? Fuck, I don't know.. But I know this: It shouldn't be attempted.. Because even if it did work, unless DC is fixed, we'd be right back where we are within a decade.

Isn't that a sad state of affairs? That we're being protected from a predator class by a mountain of debt that stretches into space?
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Old 12-07-2011, 09:43 PM   #2
alexosnasos2

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PAHSE OUT "ENTITLEMENTS"..

GET THE GOVERNMENT OFF THE ECONOMY'S NECK.


PAY OFF THE CREDITORS.



STOMP THE CONGRESS.... STOMP THEM HARD AND OFTEN.
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Old 12-07-2011, 09:44 PM   #3
smokeberly

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WE NEED TO ELECT AND MAINTAIN A PRIVATE SECTOR CONGRESS.

THAT'S WHAT IT ALL BOILS DOWN TO.
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Old 12-07-2011, 09:50 PM   #4
wvbwxol

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Can you imagine the orgy of bailouts, war, dick washing programs and everything else that we'd be funding if there were no debt?

Does anyone question that we'd be at war with Iran this minute? That we'd have green intervention everywhere? That we'd be goosing the economy every fucking day? Bailing out Europe? Can you even imagine what the TSA would look like?

We'd do all of these things.. and more.. If there were no debt.

The fact that we're a few bucks from another downgrade is the only thing holding DC in check..

And we shouldn't end entitlements.. We should reform and means test them, and pay them out to the best of our ability. Sure, that makes them welfare, and that's fine. It's what they have become, thanks to decades of fiscal malpractice in DC.

They constitute a debt so large, that their immense size alone could be harnessed to constrain DC's other excesses.

Until and unless something is done to reform our interventionist, warmongering, money junkie government, the debt should NEVER be paid off..

It's the only thing left that's still big enough to stop them.

But we couldn't do it anyway, right? Even if we wanted to?

Perhaps we could.. A quick check on Wikipedia says there's about 60 trillion bucks in net worth, sitting around in the top 25% of American households.. Remember Donald Trump's offer to pay off the debt in exchange for various tax exemptions?

Imagine a lottery for a permanent 0% tax rate.. On everything. Forever. You could even include businesses in the competition if you wanted, or just isolate it to individuals.. Anyway..

Now imagine a spreadsheet.. with a column of names and dollar amounts beside them.. Ranked from largest to smallest. There could be a finite number of spaces available, or you could just leave it unlimited.. Anyway..

Like a game of musical chairs, the biggest contributors are at the top of the list, which then trails down to the smallest.. and once a figure is reached, say it is 5 trillion dollars.. The game stops, and the opportunity is over.

So, there's an incentive to go big and move fast.. The list can be as long or short as necessary.. All we're concerned with is hitting the target number... 5 Trillion seems reasonable..


Would that work? Fuck, I don't know.. But I know this: It shouldn't be attempted.. Because even if it did work, unless DC is fixed, we'd be right back where we are within a decade.

Isn't that a sad state of affairs? That we're being protected from a predator class by a mountain of debt that stretches into space?
Great post.
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Old 12-07-2011, 10:02 PM   #5
Hdzcxqoi

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TY...
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Old 12-07-2011, 10:04 PM   #6
finasteride

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TY...
It's food for thought. What would these geniuses have us involved in if we could write a blank check? Terrifying...
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Old 12-07-2011, 10:07 PM   #7
QYD8eQ8F

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It's food for thought. What would these geniuses have us involved in if we could write a blank check? Terrifying...
Oh, fuck.. there'd be no limit!

We're being saved from this by a mountain of debt. It's a terrible situation to find yourself in.

But, I think that's exactly where we are.
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Old 12-07-2011, 10:24 PM   #8
Xibizopt

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~~~~
http://youtu.be/Rr2YEsymZis
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~


THEY HAVE A BLANK CHECK.... WHICH WE SUFFER THEM

TO EXECUTE AT WILL AGAINST OUR RESOURCES.


IT'S CALLED THE SIXTEENTH AMENDMENT.

IT'S AUGMENTED AND EXTENDED BY SOMETHING

CALLED THE SOCIAL SECURITY ACT.
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Old 12-07-2011, 10:25 PM   #9
nAKMzyBN

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..... ET AL................
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Old 12-07-2011, 10:26 PM   #10
rsdefwgxvcfdts

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FIRE THIS ROTTEN, RENEGADE CONGRESS!



RESTORE THE CONSTITUTION!



IT WON'T HURT JESHU TO GET A REAL JOB!
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Old 12-07-2011, 10:26 PM   #11
CULTDIAMONDS

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Seriously, Klein. What the fuck is the matter with you? The pics, the giant fonts?
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Old 12-07-2011, 10:27 PM   #12
Misespimb

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FIRE THIS ROTTEN, RENEGADE CONGRESS!



RESTORE THE CONSTITUTION!



IT WON'T HURT JESHU TO GET A REAL JOB!
What?!?!?!?
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Old 12-07-2011, 10:28 PM   #13
b7RKli4l

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~~~~
http://youtu.be/Rr2YEsymZis
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~


THIS CONGRESS DOESN'T GIVE

A DAMN ABOUT THE DEBT.

WHY SHOULD THEY?


IT'S YOUR DEBT, NOT

THEIRS!!!!!
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Old 12-07-2011, 10:28 PM   #14
DouseAuthott

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SERIOUSLY!!!!!!!!!











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Old 12-07-2011, 10:35 PM   #15
StevenS

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You're a nut.
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Old 12-07-2011, 10:38 PM   #16
allaboutauto.us

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http://youtu.be/Rr2YEsymZis
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YOU'RE DAMNED RIGHT I AM.


BUT I'M NOT SUCH A FOOL AS TO BUY THE SHIT

COMING OUT OF WASHINGTON.
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Old 12-07-2011, 10:40 PM   #17
interbaoui

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YOU'RE DAMNED RIGHT I AM.


BUT I'M NOT SUCH A FOOL AS TO BUY THE SHIT

COMING OUT OF WASHINGTON.
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Old 12-07-2011, 10:40 PM   #18
pprropeciaaa

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I have a real job, by the way. That hurt...
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Old 12-07-2011, 10:42 PM   #19
italertb

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SHUT UP AND PAY UP.

WHATEVER THE CONGRESS DEMANDS IS WHAT YOU OWE.

DON'T THINK OF DOING ANYTHING ABOUT IT.

THEY ARE YOUR BETTERS, AND YOU MUST DEFER TO THEM.
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Old 12-07-2011, 10:57 PM   #20
MARMELADINA

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~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~


THIS CONGRESS DOESN'T GIVE

A DAMN ABOUT THE DEBT.

WHY SHOULD THEY?


IT'S YOUR DEBT, NOT

THEIRS!!!!!
It's free money to shower on their contributors and funnel back to themselves..
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