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Member (Idle past 92 days) Posts: 10333 From: London England Joined: |
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Author | Topic: The Debt Clock | |||||||||||||||||||||||||||||||||||||||
jar Member (Idle past 420 days) Posts: 34026 From: Texas!! Joined: |
Whether debt is good or bad depends on why the debt was incurred. Is the value of what the debt purchased worth more than the actual cost incurred? Debt to build, repair, replace infrastructure, debt to improve the health, education and quality of life of the general population is usually good. Healthy educated citizens are an asset to a country. Good infrastructure is an asset to a country.
Other debt may well be bad. But all the debt must get repaid. The first step towards repaying debt though is to abolish the fiction of the "Corporate Person".Anyone so limited that they can only spell a word one way is severely handicapped!
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jar Member (Idle past 420 days) Posts: 34026 From: Texas!! Joined: |
And, as you know I have answered that for you many times.
First, debts can get repaid in other than money. They can get paid in pain and suffering. If the US stopped paying it's debts then the currency will get devalued and the whole world would suffer. When Safeway goes to by those products they sell from other countries the suppliers would either simply refuse to sell to Safeway. Debt can also be transferred. When the individual refuses to pay his debts they do not simply disappear, rather they get passed on to others.Anyone so limited that they can only spell a word one way is severely handicapped!
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jar Member (Idle past 420 days) Posts: 34026 From: Texas!! Joined: |
Too funny.
And just what would the US do with the WMD's?Anyone so limited that they can only spell a word one way is severely handicapped!
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jar Member (Idle past 420 days) Posts: 34026 From: Texas!! Joined:
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Not sure how any of those options would help the US economy.
Anyone so limited that they can only spell a word one way is severely handicapped!
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jar Member (Idle past 420 days) Posts: 34026 From: Texas!! Joined: |
That way too far off topic for this thread.
Anyone so limited that they can only spell a word one way is severely handicapped!
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jar Member (Idle past 420 days) Posts: 34026 From: Texas!! Joined: |
Why would killing folk be taken off the table?
My question was directed towards Phat's post Message 23. Did you even read that?Anyone so limited that they can only spell a word one way is severely handicapped!
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jar Member (Idle past 420 days) Posts: 34026 From: Texas!! Joined: |
You can of course ask most any fool question you like.
Anyone so limited that they can only spell a word one way is severely handicapped!
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jar Member (Idle past 420 days) Posts: 34026 From: Texas!! Joined: |
In the context of this topic you should ask Phat, not me.
Anyone so limited that they can only spell a word one way is severely handicapped!
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jar Member (Idle past 420 days) Posts: 34026 From: Texas!! Joined: |
You are of course free to ask any fool question.
But I am also free to just laugh at you. Ask Phat, he is the one that suggested WMDs might be used, not I.Anyone so limited that they can only spell a word one way is severely handicapped!
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jar Member (Idle past 420 days) Posts: 34026 From: Texas!! Joined: |
Again, what would using WMD's accomplish?
How do you nullify an economic threat by using WMDs?Anyone so limited that they can only spell a word one way is severely handicapped!
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jar Member (Idle past 420 days) Posts: 34026 From: Texas!! Joined: |
No one claimed that the US was responsible for anything but its own debt.
Anyone so limited that they can only spell a word one way is severely handicapped!
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jar Member (Idle past 420 days) Posts: 34026 From: Texas!! Joined: |
What happens if the US stops paying its debts?
How long would you have a job if Safeway received no imported foods to put on the shelves? Would a country do anything more than laugh at the US if it threatened to use WMDs if the country refused to sell food to the US?Anyone so limited that they can only spell a word one way is severely handicapped!
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jar Member (Idle past 420 days) Posts: 34026 From: Texas!! Joined: |
We wanted what you call "this massive bill".
We voted for politicians that supported starting wars, making the debt higher, not raising taxes, under funding infrastructure, removing the safety net, destroying education about responsibilities, destroying the whole concept of news and reporting, removing controls on industry ... We wanted this massive bill and we still want it to get even bigger.Anyone so limited that they can only spell a word one way is severely handicapped!
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jar Member (Idle past 420 days) Posts: 34026 From: Texas!! Joined:
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Phat writes: You do realize that my tongue-in-cheek pronouncements on a culture desperate enough to use WMD's has an element of truth to it---if this current population--the "we" of today--may in fact get scared enough to push the red button if doomsday ever came. Which is why the CCoI is the greatest threat to the world today.Anyone so limited that they can only spell a word one way is severely handicapped!
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jar Member (Idle past 420 days) Posts: 34026 From: Texas!! Joined: |
CCoI == Christian Cult of Ignorance.
Anyone so limited that they can only spell a word one way is severely handicapped!
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