How can the USA be broke?

How can the USA be broke?

Posted in the Ellijay Forum

Boss Hogg

Ellijay, GA

#1 Sep 19, 2012
In the last few years gold has increased in value over 200%. If we have the gold in Ft. Knox that we are supposed to have there then we have enough profit to pay off the deficit. Perhaps "Goldfinger" found a way to get to the gold?:)

“Airhead”

Since: Jan 11

I'm finished with commas!

#2 Sep 19, 2012
I don't know, Boss. I thought most people believed by now that you could hear your echo in Ft Knox.

That was the big discussion a few years ago, online.
"Should we or shouldn't we open those doors?"

Most said, "yes, to show it's empty."
A lot said, "no, we can't handle the truth."
A couple said, "Of course there's gold in there!"

Since: Aug 12

Ellijay

#3 Sep 19, 2012
Boss Hogg wrote:
In the last few years gold has increased in value over 200%. If we have the gold in Ft. Knox that we are supposed to have there then we have enough profit to pay off the deficit. Perhaps "Goldfinger" found a way to get to the gold?:)
Whatever gold might be there, I'd rather it just stay. If it was sold off (assuming we could do it without crashing the gold market), our politicians would just use the money for some new stimulus plan, leaving us with the deficit still in place, but no gold.
East Town

Dawsonville, GA

#4 Sep 19, 2012
How can it be broke? I will quote Warren Buffet, You spend a few billion here and a few billion there....It adds up.

Since: Feb 12

Ellijay, GA

#6 Sep 19, 2012
Same question,how can Gilmer be broke?
Rock

United States

#7 Sep 20, 2012
Lmao.
Gold hasn't back a US dollar in many years.
Gary

Ellijay, GA

#8 Sep 21, 2012
It's simple. We are broke because of entitlement programs. When you have more people drawing from the government than you have paying in, it don't last long. On top of that, we send money to all these third world countries for aid. I'm all for being a humanitarian, but I assure you folks that there are people right here in Gilmer County that will go to bed hungry tonight. Everyone was all sympathetic to Haiti and billions of dollars were sent for aid. Haiti is a heathen nation that practice voodoo and other black magic mumbo jumbo. Those people were living in cardboard boxes and pallet-made shacks before the disaster and after billions of U.S. dollars, they will still be living shacks. I guess it makes us feel good to think we are helping out the less fortunate while our own country goes broke in the process. Unbelievable really.

Since: Sep 12

Location hidden

#9 Sep 21, 2012
Here's a pie chart of the US Budget.

http://www.thelibertyvoice.com/wp-content/upl...

By FAR the largest expense is National Defense.

Almost a $Trillion dollar defense expenditure, and we couldn't stop an invasion of 20,000,000 on our southern border, or beat a rag tag group of Afghani geriatrics.

What if a REAL country, like say Estonia or Togo ever attacked us?

Although I don't support foreign aid to other countries either, our aid to the Haiti earthquake was only $460 million.

Any half-ways competent Wall Street bankster can steal that much in a morning.

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