We must do something about our Nation debt, $248billion.

Posted in the Franklin Forum

Since: Dec 06

Indianapolis

#1 Nov 24, 2012
There are myths also about our public debt. It is widely supposed that this debt is growing at a dangerously rapid rate. In fact, both the debt per person and the debt as a proportion of our national product have declined sharply since the Second World War. In absolute terms the national debt since the end of World War II has increased only 8 percent, while private debt was increasing 305 percent, and the debts of state and local governments--on whom people frequently suggest we should place additional burdens--the debts of state and local governments have increased 378 percent. Moreover, debts public and private, are neither good nor bad, in and of themselves. Borrowing can lead to over-extension and collapse--but it can also lead to expansion and strength. There is no single, simple slogan in this field that we can trust.
By another democrat in 1992. President Kennedy http://www.jfklibrary.org/Research/Ready-Refe...

Looks like he may have been right about the collapse.
Not Moe

Indianapolis, IN

#2 Nov 24, 2012
Send some money in
Slow Moe

Plymouth, IN

#3 Nov 24, 2012
We must spend our way out of debt and print more money.
That way when everyone has money they'll be more to spend.
I learned that in libonomocis 101 from mom.
hhhmmmm

Indianapolis, IN

#4 Nov 24, 2012
Slow Moe wrote:
We must spend our way out of debt and print more money.
That way when everyone has money they'll be more to spend.
I learned that in libonomocis 101 from mom.
Magna c um louse

Since: Dec 06

Indianapolis

#5 Nov 24, 2012
Better yet, borrow money with no intention on paying it back. Just file bankruptcy. Not worry about your credit because there is always someone there to loan you money afterwards. No one will look down on you, in fact they will think you are smart.
Slow Moe wrote:
We must spend our way out of debt and print more money.
That way when everyone has money they'll be more to spend.
I learned that in libonomocis 101 from mom.
dony

Indianapolis, IN

#6 Nov 24, 2012
DavidM wrote:
<quoted text>Better yet, borrow money with no intention on paying it back. Just file bankruptcy. Not worry about your credit because there is always someone there to loan you money afterwards. No one will look down on you, in fact they will think you are smart.
Don't even file bankruptcy you shouldn't have to pay for such things! Your money is needed for drugs and smokes! Just don't answer your track phone if it happens to be charged with minutes the day the debt collectors call! Also you shouldn't waste your money on rent! You can permanently couch surf at family members houses! You should be eating daily at Taco Bell, buying pull tabs and drinking non stop! Responsibility isn't good for you! And absolutely never roll out of bed before noon. You must always be rested!

Since: Dec 06

Indianapolis

#7 Nov 25, 2012
You notice what kind of rating JFK got. They are saying he is nuts and without a clue. Why JFK? Because what I posted were his words, not mine.
Slow Moe wrote:
We must spend our way out of debt and print more money.
That way when everyone has money they'll be more to spend.
I learned that in libonomocis 101 from mom.
dognes

Pittsburgh, PA

#8 Nov 25, 2012
youtube.com/watch... ……What can we do? our voice is not heard.Years of argue will
be sent but there is no return result.

Sucede Petition? If Texas should succeed in the succeession then it isnt part of the National debt,Texas has its own debt
ThePhantomPooper

Indianapolis, IN

#9 Nov 25, 2012
I went to the crapper and out came the state of Texas. You could even see the little corn guns sticking out of the barking dog.
The Ultimate Kaptoz

Indianapolis, IN

#10 Nov 25, 2012
Debt doesn't matter now according to democrats now. You can spend and borrow , Bill Clinton and Jimmy Carter got the ball rolling along with the likes of FDR AND lBJ WITH THEIR SOCIAL PROGRAMS and yes even Richard Nixon was a Rino republican who gave us food stamps and the NEA.It's time to Nullify Obama care first. Then if 34 Republican Gov's who also control their local republican legislative body. They have the power to nullify Obama care now!!!. Hoosiers won huge in the election, We control the legislators house and the Gov's mansion . Not one dem, can stop republicans from passing bills locally. They can walk and whine all they like, It doesn't matter Indiana HOOSIERS want Obama care nullified now. They want something truly done with illegals also. Mike Pence needs to step up big, Mike doesn't need to play his Christian card and say like he did 4 years ago that he was for amnesty and a path to citizenship for illegal lawbreakers in our state. Kick them all out, Let them go to Cali or New York of Chicago , Those corrupt cities and states. This is Indiana . We don't need to take our cue from those Liberal racist states.My sister told me the other night , She looked out her window and saw two Mexicans in a van in broad daylight having sex out on the street in that van . No curtains on the van. All open windows.Is this what we want here in Indiana? Do you want you're own kids looking out your windows and watching Illegals have sex as though they can .I want to see even Boehner bone head Speaker of the House say let's nullify Obama care and also have a constitutional convention . You will hear media say oh those republicans are sore losers that Obama won again. LOOK AT THE REAL FACTS. Republicans won bigger by winning Governorships across this country and winning the local legislative bodies as well.I know they cheated. I know they used dead people and even animals to vote. The voting machines were tied to a pal of George Soros That guy who owns the voting machines and did the tallying is a Socialist hard left Marxist thug. This is who tallied our votes for the Presidential election. I bet many didn't know this. Remember how upset dems got when GWB gave our ports to be run by a Muslim company. The same Dem's didn't get upset as a contract was awarded to a foreign country of very Socialist design to count our votes.Obama and Soros are tied at the hip.Id say there was major conflict of interest there. I believe Soros use to own the company also.

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