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It's official – America is now No. 2

matt wade

Well-Known Member
Does it matter if you post?

In the grand scheme of things, no..but it is sorta what this forum is all about.

Are you mad that I posted an opinion that differs from you? Are you just looking for people to parrot your views back to you?

I didn't post anything off topic. I did exactly what we are supposed to do here, which is debate the topic at hand. So, what's your problem exactly?
 

matt wade

Well-Known Member
I guess not with you...cannot answer eh?

Why do you bother posting in the debate forums if you are unwilling to debate. They should make a forum for you and The Dude where you can post topics and people are only allowed to agree with you. Both of your egos need it.
 

matt wade

Well-Known Member
If anyone else would like to actually discuss/debate this topic, please post. Obviously the OP does not wish to hear any opinions that differ from his own.
 

Jedi Knight

Well-Known Member
Site Supporter
Under this administration we the people have been second class to illegals, China,racist like Shallow Al and co.. Tax the middle class if they don't buy into the Kings demand and buy Obama"care" and vests get thrown under the bus....... yeah we are number two alright.
 
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righteousdude2

Well-Known Member
Site Supporter

That's because we send them $23,427,024,656.86 per month in interest! SEE:https://www.treasurydirect.gov/govt/reports/ir/ir_expense.htm

At this rate, we will never see the light of day! And it isn't just Obama's fault, it is every president and every Congress, and every voter in this nation who have failed to demand the government balance the budget and live within our means!

However, Obamacare and Obamigration is going to send us over the dreaded fiscal cliff! :tear:
 

righteousdude2

Well-Known Member
Site Supporter
Oh my.

I see why you have trouble with facts.

Well I provided the facts. So tell me what I have trouble seeing in those facts? Your man and those before him have went to the banks in Japan and China one too many times and now we pay billions a week in interest.

Balls in your court ... tick tock.
 

InTheLight

Well-Known Member
Site Supporter
Well I provided the facts. So tell me what I have trouble seeing in those facts? Your man and those before him have went to the banks in Japan and China one too many times and now we pay billions a week in interest.

Balls in your court ... tick tock.

You said that we send China $23.4 Billion a month in interest. That's incorrect. Our TOTAL interest expense accumulation from ALL debt was $23.4 Billion in November 2014. Interest expense on all debt in October was $8.7 Billion. Doesn't mean any of this money was sent anywhere.

We might make interest payments on treasury bonds, treasury notes and savings bonds depending to the terms of each government security. For example, if you have ever had a savings bond you accumulate interest on that bond as it matures. The government has interest expense on that bond which they have to record every month but they don't pay out any interest on that bond until you redeem it. Other securities might actually pay interest on a monthly basis, it depends on the terms of the agreement.

Oh yeah, "my man" (which I presume you mean Obama, whom I've never voted for) didn't go to any bank in China or Japan to get a loan. But thanks for the ridiculous visual image. It says a great deal about your economic sophistication.
 
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