RunRyder RC
WATCH
 2 pages [ <<    <     1     ( 2 )    >    >> ] 1094 views POST REPLY
HomeOff Topics News & Politics › Obama's comment on.... *National DEBT* Truly stunning!
09-20-2013 05:46 PM  5 years agoPost 21
spaceman spiff

rrKey Veteran

Tucson

My Posts: All  Forum  Topic

How many trillion in just the past 5 years again?

PM  EMAIL  GALLERY  Attn:RR  Quote
09-20-2013 05:55 PM  5 years agoPost 22
Dennis (RIP)

rrApprentice

Oregon

My Posts: All  Forum  Topic

$7 trillion

PM  EMAIL  GALLERY  Attn:RR  Quote
09-20-2013 06:17 PM  5 years agoPost 23
Spindle

rrNovice

Punta Gorda

My Posts: All  Forum  Topic

What I really like is that Obama (and the rest of the administration, including Treasury) thinks that borrowing money to pay off previous investors is actually "paying our bills".
If we aren't allowed to borrow money, then we can't pay our bills. But the fact that we have to borrow to pay our bills means we can't pay our bills in the first place!

Borrowing money to pay off previous investors is a Ponzi scheme. Treasuries currently are a Ponzi scheme bubble

PM  EMAIL  Attn:RR  Quote
09-20-2013 08:10 PM  5 years agoPost 24
Dennis (RIP)

rrApprentice

Oregon

My Posts: All  Forum  Topic

If we aren't allowed to borrow money, then we can't pay our bills. But the fact that we have to borrow to pay our bills means we can't pay our bills in the first place!

Borrowing money to pay off previous investors is a Ponzi scheme. Treasuries currently are a Ponzi scheme bubble
And that is another reason why they are printing and throwing out into the economy $85 billion per month. All that does is stall a serious problem and increase inflation.

PM  EMAIL  GALLERY  Attn:RR  Quote
WATCH
 2 pages [ <<    <     1     ( 2 )    >    >> ] 1094 views POST REPLY
HomeOff Topics News & Politics › Obama's comment on.... *National DEBT* Truly stunning!
 Print TOPIC  Make Suggestion 

 6  Topic Subscribe

Thursday, November 22 - 10:30 am - Copyright © 2000-2018 RunRyder   EMAILEnable Cookies

The RC discussion world needs to consolidate. RR is now one choice for that. Its software is cutting edge. It hosts on-topic advertising. Help RR increase traffic buy making suggestions, posting in RR's new areas (sites) and by spreading the word.

The RunRyder Difference

• Category system to allow Rep/Vendor postings.
• Classifieds with sold (hidden) category.
• Classifieds with separate view new.
• Answer PMs offsite via email reply.
• Member gallery photos with advanced scripting.
• Gallery photo viewer integrated into postings.
• Highly refined search with advanced back end.
• Hosts its own high end fast response servers.
• Hosts thousands of HD event coverage videos.
• Rewrote entire code base with latest technology.
• No off-topic (annoying) click bait advertising.
Login Here
 New Subscriptions 
 Buddies Online