Adding $4 trillion to debt is unpatriotic
$4T over 8 years is unpatriotic.
$5T over 3 years is progress.
$5T over 3 years is progress.
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Wow...amazing how there's two completely distinct ways to interpret that.
But you're missing the bright spot in all this. Obama's campaigning...which means less presidenting.
But you're missing the bright spot in all this. Obama's campaigning...which means less presidenting.
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I didnt even watch the video. Every time I watch anything that involves obama speaking, I usually end up losing that amount of time from my life, raise my blood pressure and get a little dumber all at the same time.
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Thread Starter
Joined: May 2005
Posts: 80,552
Total Cats: 4,368
From: Chantilly, VA
how to balance buget within 10 years:
simple. even Congress can understand. which says a lot considering only 22% of the current Congress has a background in Econ or Business.
simple. even Congress can understand. which says a lot considering only 22% of the current Congress has a background in Econ or Business.
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Oh yeah, he assumed presidency and all of a sudden all these debts came up!
In a period of 3 years a one man's job has the United States in such a financial crisis.
Be it Obama, Reagan, Bush, etc, nobody has given a shyt about whats goin on, but dont mess with their paychecks.
The moment I almost had a brain tumor was ehen Al Gore won the Nobel Peace Prize in 2007, that was pathetic.
In a period of 3 years a one man's job has the United States in such a financial crisis.
Be it Obama, Reagan, Bush, etc, nobody has given a shyt about whats goin on, but dont mess with their paychecks.
The moment I almost had a brain tumor was ehen Al Gore won the Nobel Peace Prize in 2007, that was pathetic.
Last edited by mazpr; Aug 25, 2011 at 11:51 AM.
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Elite Member
Joined: Jul 2005
Posts: 6,420
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Hey Brain,
I just bought this book and it has lots of interesting ideas. I think you'll like it:
http://mises.org/hoppeintro.asp
Check out the concept of "time preference". High time preference = "I want this now instead of saving and investing and having more in the future, low time preference = delayed gratification. He says democracy and central banking institutionalize high time preference, and it "de-civilizes". This results in an increase in debt and a decrease in investment for the future.
I just bought this book and it has lots of interesting ideas. I think you'll like it:
http://mises.org/hoppeintro.asp
Check out the concept of "time preference". High time preference = "I want this now instead of saving and investing and having more in the future, low time preference = delayed gratification. He says democracy and central banking institutionalize high time preference, and it "de-civilizes". This results in an increase in debt and a decrease in investment for the future.
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I'm Miserable!
Joined: Feb 2010
Posts: 583
Total Cats: -1
Here is another video about money.
It's satire. Or is it?
Either way, make sure you work hard and pay lots of taxes cuz there is a party down the street that needs to be funded by you. But don't worry if you come up short there is always borrowing.
It's satire. Or is it?
Either way, make sure you work hard and pay lots of taxes cuz there is a party down the street that needs to be funded by you. But don't worry if you come up short there is always borrowing.
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