[wonceinee]

In a time of great uncertainty we can still be sure of a few things. Since our current national debt of $14.6 trillion is 146 times $100 billion, we will take 146 years to pay it off at the rate of $100 billion per year, interest not included. The interest is $250 billion per year. Once we add that in, our new total pay off amount is $29 trillion, but could go much higher. However, we plan to borrow much more: $7 trillion more in just the next 10 years. That will mean an additional 70 annual payments of $100 billion each, interest not included. So, our payoff time will increase from 146 years to 216 years. This is called generational theft.

[Veronnisa]

Niggers and spics make very expensive pets .

[InsManKV]

This can't go on forever.

[alfredtaniypnx]

As do liberals/commies and.. Ironically, very rich people, who happen to be socialists.

[Zjohkrbi]

Even at a trillion bucks a year, no interest. It would take a third of our budget to pay it off in 15 years.

An amount which we can't devote to debt maintenance, given the way things are.

[Zfdeisde]

The money isn't real.
The Federal Reserve Act of 1913 put in place the mechanism for the future counterfeiting of American dollars.
http://www.the-privateer.com/paper.html

[tipokotap]

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

HEY! LOOKS LIKE WE NEED A SUPER COMMITTEE!!!

[HaseBeceDeemy]

Even at a trillion bucks a year, no interest. It would take a third of our budget to pay it off in 15 years.

An amount which we can't devote to debt maintenance, given the way things are.

Why do you think they are trying so hard to create massive inflation? We'll just inflate that debt away!

[SkapySisy]

Why do you think they are trying so hard to create massive inflation? We'll just inflate that debt away!

I fear that's the plan.. And I don't think it will work.

I would rather outright repudiate a portion of it than try to inflate our way out of it.

[emingeRek]

I take that back.......... Argh.. I don't know which bad outcome would be the best.

What I would REALLY LIKE is strict austerity and repayment of the debt. To use the debt to handcuff spending.. Make it useful.. A tool for liberty. A tool to dismantle government, piece by piece.

That's what I really want, and that is EXACTLY what will not happen.

Because big government is too profitable.

[letittbe]

If I had my way and I were "the decider" we'd leverage this debt into a federal government that respected Constitutional first principles.. Piece by unaffordable piece.

I'd dismantle it, and I'd use the debt as a justification.. Totally wag the dog with the EXACT SAME NIGHTMARE SCENARIOS they used to promote all this nonsense.

[penpizdes]

The money isn't real.
The Federal Reserve Act of 1913 put in place the mechanism for the future counterfeiting of American dollars.
http://www.the-privateer.com/paper.html

i just ordered the secrets of the federal reserve.

[sauppyshurb]

oops, I didn't mean to post this here. Delete.

[myspacecoo]

If they would just balance the budget, the economy would improve even if we didn't pay down the debt. With it finally in balance, the economy would grow, and as it did so, the relative size of the debt would slowly shrink compared to the GDP. What's frustrating is they actually balanced it back in 2000. If we had kept it in balance, we would have seen a shrinking debt as the economy expanded.

[tinetttstation]

If they would just balance the budget, the economy would improve even if we didn't pay down the debt. With it finally in balance, the economy would grow, and as it did so, the relative size of the debt would slowly shrink compared to the GDP. What's frustrating is they actually balanced it back in 2000. If we had kept it in balance, we would have seen a shrinking debt as the economy expanded.

They didn't balance anything in 2000. They counted surpluses from the Social Security and other accounts as revenue. They had to issue IOU's for that money, but it never went on the books. In reality they were somewhere in the ballpark of $80 billion in deficit. There was no surplus, there was no balanced budget.

[Symnunidanimb]

A FINE SET OF ANTLERS WILL GET YOU INTO THE BEST OF GLOBAL SOCIETY.

THERE IS NO SUBSTITUTE FOR AUTHENTIC, ALL-NATURAL FINNISH ANTLERS.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

THE BORROWING MUST STOP.

TAXES AND REGULATIONS WILL HAVE TO BE ROLLED BACK

SUBSTANTIALLY TO ALLOW THE GENERATION OF SUFFICIENT WEALTH

TO PAY THE DEBT OFF AND RESTORE AND SUSTAIN OUR NATIONAL PROSPERITY.

CONGRESS SHOULD NEVER BE ALLOWED TO BORROW AGAIN. NEVER!!!!!!!!!!!!!!!

[Edisesyethisp]

A FINE SET OF ANTLERS WILL GET YOU INTO THE BEST OF GLOBAL SOCIETY.

THERE IS NO SUBSTITUTE FOR AUTHENTIC, ALL-NATURAL FINNISH ANTLERS.
~~~~~~~~~~~~~~~~~~~~~~~~

THEY'VE BEEN LYING EVER SINCE 1913......

AND DOING LITTLE ELSE SINCE 1933.