The 2011 Depression

[dapoes]

Wow, not surprising one bit...


11th Congress Added More Debt Than First 100 Congresses Combined: $10,429 Per Person in U.S.

 

[Dog Wonder]

Happy New Year!

 

[delldude]

Happy New Year!

Same to you DW.

 

[dapoes]

Another Record for a Record Failure President: NATIONAL DEBT TOPS $14 TRILLION

The latest posting today of the National Debt shows it has topped $14 trillion for the first time. The U.S. Treasury website today reported that as of last Friday, the last day of 2010, the National Debt stood at $14,025,215,218,708.52.

It took just 7 months for the National Debt to increase from $13 trillion on June 1, 2010 to $14 trillion on Dec. 31.It also means the debt is fast approaching the statutory ceiling $14.294 trillion set by Congress and signed into law by President Obama last February.

The federal government would have to stop borrowing and might even default on its obligations if Congress fails to increase the Debt Ceiling before the limit is reached.

Obama is destroying has destroyed the country.

 

[Dog Wonder]

A perfect time to give tax cuts to the rich.

 

[dapoes]

A perfect time to give tax cuts to the rich.

Like I said before, you could tax the "rich" at 100% and it would even make a dent in the deficit. Its not a tax problem, its a spending problem.


Nice try.

 

[Dog Wonder]

It's a perfect time to give government money to the rich.

 

[dapoes]

It's a perfect time to give government money to the rich.

You obviously have no clue of the current tax structure in the USA, nor able to debate coherently. And you also probably pay zero taxes. Rather you simply mouth ignorant Maddow/Olbermann one liners as a defense.

Please let us know when you decide to pay your fair share and start paying taxes and your neighbors as well.

 

[Dog Wonder]

I pay taxes, don't watch Olbermann and Maddow, and choose to have a sense of humor in dealing with the senseless.

Perhaps it is possible you are mistaken on some things.

 

[dapoes]

I pay taxes, don't watch Olbermann and Maddow, and choose to have a sense of humor in dealing with the senseless.

Perhaps it is possible you are mistaken on some things.

Prove it (for once).

 

[Dog Wonder]

Obama's birth certificate.

 

[dapoes]

Obama's birth certificate.

Oh i see, your just being humorous again?


Carry on.

 

[Dog Wonder]

Laughing at you.

 

[dapoes]

Laughing at you.

Likewise my friend, likewise.

 

[dapoes]

So i guess the Americas lost decade (just like Japan in the 90's) is now to be a reality. Thanks to government intervention.

Bernanke: 4-5 Years Before 'Normal' Unemployment
http://www.cnbc.com/id/40962516

Federal Reserve Chairman Ben Bernanke sketched a more optimistic view of the economy Friday but said the Fed's $600 billion bond-buying program is needed because unemployment will likely stay elevated for up to five more years.

The US gov is doing the exact same things that shredded Japan in their "lost decade" at breakneck speed.