Debt...Wow!

[JGrubbs]

"A government big enough to supply you with everything you need is a government big enough to take away everything that you have.... The course of history shows that as the government grows, liberty decreases." -- Thomas Jefferson

 

[Major B]

Originally posted by Pennsylvania Jim:
</font><blockquote>quote:</font><hr />Originally posted by Major B:
Let's put this debt in perspective, and quit the large numbers game.

Our GDP is close to 11 Trillion.

Our debt is less than half that.


...

You assume that the GDP belongs to the government. I guess Bush does, too. </font>[/QUOTE]The GDP and the government both belong to the people.

[ June 09, 2004, 04:45 PM: Message edited by: Major B ]

 

[The Galatian]

The GDP and the government both belong to the people.

You haven't read the Patriot Act closely, have you?

 

[Joseph_Botwinick]

Originally posted by Major B:
</font><blockquote>quote:</font><hr />Originally posted by Pennsylvania Jim:
</font><blockquote>quote:</font><hr />Originally posted by Major B:
Let's put this debt in perspective, and quit the large numbers game.

Our GDP is close to 11 Trillion.

Our debt is less than half that.


...

You assume that the GDP belongs to the government. I guess Bush does, too. </font>[/QUOTE]The GDP and the government both belong to the people. </font>[/QUOTE]Major B,

This seems to make sense to me.

Joseph Botwinick

 

[JGrubbs]

Originally posted by Major B:
The GDP and the government both belong to the people.

I guess someone forgot to tell Bush and Kerry, they seem to think they can do whatever they please without any regard for the Constitution or any regard for the people that are affected by their actions.

 

[Major B]

Originally posted by The Galatian:
</font><blockquote>quote:</font><hr />The GDP and the government both belong to the people.

You haven't read the Patriot Act closely, have you? </font>[/QUOTE]More closely than you've read the Constitution, apparently. Our elected reps passed the law, and I don't think the people threw many out over it.

 

[JGrubbs]

Originally posted by Major B:
More closely than you've read the Constitution, apparently. Our elected reps passed the law, and I don't think the people threw many out over it.

Few if any members of Congress read the 500-page Patriot Act prior to voting on it! How many of the voters who voted for those members of Congress read it? How can a member of Congress know a bill or an act is constitutional if they haven't read it? The majority of voters in America are "ignorant voters" and are letting the politicians in Washington trample on the US Constitution.

"If a nation expects to be ignorant and free, in a state of civilization, it expects what never was and never will be." --Thomas Jefferson

 

[gb93433]

If I remember right the average consumer debt is 14K per person with a credit card.

Ever thought about the idea that the average business such as a large department store pays about 50 percent or less of what is sells for and then if someone charges the purchase and does not pay it off. If the interest is 18 percent the item will have given them another 100 percent in four years. If the retailer pays 50 cents and sells it for one dollar and then the interest is one dollar, the company has made $1.50 in profit on a 50 cent purchase. In simple interst that is 75 percent per year average.

 

[Pennsylvania Jim]

Originally posted by Major B:
The GDP and the government both belong to the people.

As does the MASSIVE debt being piled up by GW Bush and the Republicans, and the coming financial heartaches that will be caused by their MASSIVE, LIBERAL, wild spending spree.

 

[bb_baptist]

11/09/2004 $7,429,684,088,288.60

http://www.publicdebt.treas.gov/opd/opdpenny.htm

 

[Pennsylvania Jim]

Like I said, you get what you vote for.

 

[dianetavegia]

Well these discussions give a new meaning to FOUR MORE YEARS...

The times, they are a changing.

 

[Pennsylvania Jim]

Diane, where do you think this massive debt will lead?

 

[dianetavegia]

I agree with Major B. I don't scare easily when it comes to such things.

Personally, I'm SO tired of the daily trashing of our country by Christians!

 

[Pennsylvania Jim]

Me, too. I love America, deeply. I'm so sad to see our way of life, and our marvelous form of government dismantled by politicians with a different agenda. And, even sadder to see Christians supporting them.

 

[The Galatian]

Unfortunately, it appears that the times will not be changing. More debt, more dead troops as the war drags on, more good jobs lost forever. And further decline of America's moral authority in the world.

And how many more unborn dead because Bush won't make abortion a test for his judicial nominees?

More of the same, that's what we have to look forward to.

 

[Hardsheller]

Same old song, same old verse. You two need to get a life now that you have a Great President for 4 more years!

 

[billwald]

On the other hand, these stypes of discusions never consider the assets of the U.S. Govt. Of starters, the govt "owns" half the land west of the Mississippi.

 

[dianetavegia]

Originally posted by Hardsheller:
Same old song, same old verse. You two need to get a life now that you have a Great President for 4 more years!

Misery loves company.

 

[The Galatian]

Barbarian laments the fact that we will have a pro-abortion president again.

Hardsheller says:
Same old song, same old verse. You two need to get a life now that you have a Great President for 4 more years!

Perhaps it doesn't mean much to you. We'll just have to disagree on that.

(Diane agrees with hardsheller)

Abortion just isn't a joking matter for some of us, Diane.