The clock is ticking......
bidask
Posts: 14,017 ✭✭✭✭✭
I manage money. I earn money. I save money .
I give away money. I collect money.
I don’t love money . I do love the Lord God.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
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Comments
LOL, it's soooo perposperous, that it's hysterical that this country could be so bad off, yet there isn't blood in the streets. Whod a thunk it 20 yrs ago that we'd be hanging on by a shoestring as a Country.
I'm sorry, I couldn't help but to laugh at how bad things have gotten, yet the Media keeps churning out the feel good garbage. I feel so bad for my children's generation. All IMHO mostly because of Greenspan and increasing percentage of Idiots in the Country that have the right to vote.
<< <i>LOL, it's soooo perposperous, that it's hysterical that this country could be so bad off, yet there isn't blood in the streets. Whod a thunk it 20 yrs ago that we'd be hanging on by a shoestring as a Country.
I'm sorry, I couldn't help but to laugh at how bad things have gotten, yet the Media keeps churning out the feel good garbage. I feel so bad for my children's generation. All IMHO mostly because of Greenspan and increasing percentage of Idiots in the Country that have the right to vote. >>
Yup, 2 1/2 more years of Media-feel-goods...
The dumb-masses are the "useful idiot."
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>I read somewhere that by the time Obama leaves office he will have added more to the national debt than all the other previous presidents combined. Can anyone verify this or is this just right wing propaganda? If true, it's quite shocking. >>
Not that hard to figure. ~7-8T when he came in (I believe it was), ~18T roughly as of today with 2 more to go.
I think I read something last week that said he had already surpassed all of them.
<< <i>
<< <i>I read somewhere that by the time Obama leaves office he will have added more to the national debt than all the other previous presidents combined. Can anyone verify this or is this just right wing propaganda? If true, it's quite shocking. >>
Not that hard to figure. ~7-8T when he came in (I believe it was), ~18T roughly as of today with 2 more to go.
I think I read something last week that said he had already surpassed all of them. >>
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>LOL, it's soooo perposperous, that it's hysterical that this country could be so bad off, yet there isn't blood in the streets. Whod a thunk it 20 yrs ago that we'd be hanging on by a shoestring as a Country.
I'm sorry, I couldn't help but to laugh at how bad things have gotten, yet the Media keeps churning out the feel good garbage. I feel so bad for my children's generation. All IMHO mostly because of Greenspan and increasing percentage of Idiots in the Country that have the right to vote. >>
How are we THAT bad off? Where else can you make $25K with 2 clicks of your computer mouse?
I think the clock is ticking before they introduce a PM exchange and holding fee.
<< <i>I read somewhere that by the time Obama leaves office he will have added more to the national debt than all the other previous presidents combined. Can anyone verify this or is this just right wing propaganda? If true, it's quite shocking. >>
I don't beleive it's propaganda. It's a fact.
Another fact is: No one, repeat, NO ONE in out current admin, from POTUS down to the local dog-catcher, is doing a D*** thing to even TRY to control this rampant spending much less try to pay down any debt. Everyone just keeps looking up at the clouds and whistles a little tune.
<< <i>I'm finding it hard to understand how any one president can be solely responsible for the national debt in their time. Doesn't the congress have to pass the bills and resolutions. Aren't the people responsible for wanting the government to provide this and that, regardless of the cost.
I think the clock is ticking before they introduce a PM exchange and holding fee. >>
If it happens under his watch, he gets the blame or credit even tho he didn't personally do it himself.
<< <i>
<< <i>LOL, it's soooo perposperous, that it's hysterical that this country could be so bad off, yet there isn't blood in the streets. Whod a thunk it 20 yrs ago that we'd be hanging on by a shoestring as a Country.
I'm sorry, I couldn't help but to laugh at how bad things have gotten, yet the Media keeps churning out the feel good garbage. I feel so bad for my children's generation. All IMHO mostly because of Greenspan and increasing percentage of Idiots in the Country that have the right to vote. >>
How are we THAT bad off? Where else can you make $25K with 2 clicks of your computer mouse? >>
Can you elaborate? I could sure use that $25K.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>
<< <i>
<< <i>LOL, it's soooo perposperous, that it's hysterical that this country could be so bad off, yet there isn't blood in the streets. Whod a thunk it 20 yrs ago that we'd be hanging on by a shoestring as a Country.
I'm sorry, I couldn't help but to laugh at how bad things have gotten, yet the Media keeps churning out the feel good garbage. I feel so bad for my children's generation. All IMHO mostly because of Greenspan and increasing percentage of Idiots in the Country that have the right to vote. >>
How are we THAT bad off? Where else can you make $25K with 2 clicks of your computer mouse? >>
Can you elaborate? I could sure use that $25K. >>
derryb recently posted about making $25K in a PM/argentum eft. Of course knowing when to make the clicks and having the $$ means to do so certainly helps.
<< <i>derryb recently posted about making $25K in a PM/argentum eft. Of course knowing when to make the clicks and having the $$ means to do so certainly helps. >>
It was a self-managed IRA that holds years of contributions. Clicks can work for you and they can work against you, especially with leveraged ETFs.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>
<< <i>I read somewhere that by the time Obama leaves office he will have added more to the national debt than all the other previous presidents combined. Can anyone verify this or is this just right wing propaganda? If true, it's quite shocking. >>
Not that hard to figure. ~7-8T when he came in (I believe it was), ~18T roughly as of today with 2 more to go.
I think I read something last week that said he had already surpassed all of them. >>
BO came in at $10T. National Debt could reach $20T when (if) he leaves.
Although the president is not solely responsible for the national debt, his policies (and leadership) indirectly dictate where our tax money goes...emphasis on dictate. As far as who "owns" the debt, that narrative belongs to the Media unfortunately.
Knowledge is the enemy of fear
<< <i>There is a lot more information presented in that link than a debt number. Cool stuff for us that like to crunch numbers.
No doubt. The 2014 U.S. Vehicle Sales at the bottom is interesting. Chevrolet is doing very well.