trplnkl
555
Sorry, I forgot to put IMO on the so called doomsday scenario, on the other hand I didn't say it was a fact either.
President Obama!
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trplnkl
555
klein
Für Meno :)
You know the number $800 billion !
Finally, we somewhat agree !
I know if I had to vote on it, (cuts to medicare, or cuts to the rich), what I would choose, without thinking twice and within an eyes-blink.
moreluck
golden ticket member
Re: Obamanation here today
Apparently he was expecting the 'batphone'.............
http://www.foxnews.com/politics/201...-lack-cool-phone-oval-office/?test=latestnews
Apparently he was expecting the 'batphone'.............
http://www.foxnews.com/politics/201...-lack-cool-phone-oval-office/?test=latestnews
moreluck
golden ticket member
Re: Obamanomics
Don't know if this is true or not....just trying to understand "trillions"....
I don't know how many of you out there are concerned about the country's growing debt & deficit, but I ran across a great analogy today which brings those trillions down to earth.
Think of it like this: Your monthly income is $170.00 per mo.
Your expenses are $940.00 per mo.
Your credit card debt is $14,000.00
You have $83.00 in the bank
Now what do you do??? Multiply the above figures by one billion and that's where Uncle Sam is.
Don't know if this is true or not....just trying to understand "trillions"....
I don't know how many of you out there are concerned about the country's growing debt & deficit, but I ran across a great analogy today which brings those trillions down to earth.
Think of it like this: Your monthly income is $170.00 per mo.
Your expenses are $940.00 per mo.
Your credit card debt is $14,000.00
You have $83.00 in the bank
Now what do you do??? Multiply the above figures by one billion and that's where Uncle Sam is.
Re: Obamanomics
yourself." Priceless.
Decorum is for expensive dinner parties and first dates. Politics is much uglier. Like a vice-president telling a member of congress to, "Go
yourself." Priceless.
MrFedEx
Engorged Member
Re: Obamanomics
It's hard to reason with bricks, especially those manufactured by FOX Inc.
It's hard to reason with bricks, especially those manufactured by FOX Inc.
MrFedEx
Engorged Member
Re: Obamanomics
Humor? You seem to have a lot of time on your hands, so I guess you're pretty good at it.
Humor? You seem to have a lot of time on your hands, so I guess you're pretty good at it.
UpstateNYUPSer(Ret)
Well-Known Member
Re: Obamanomics
Tex is retired (prematurely) and has the luxury of setting his own schedule.
Tex is retired (prematurely) and has the luxury of setting his own schedule.
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moreluck
golden ticket member
Re: Obamanomics
A hundred and some million dollars overpayment to U.N.
$125 Billion in improper payments to different projects after looking at only projects over $10 million (so there's more out there)
Let me ask you.....in your household budget, when have you ever overpaid anything??
Who in the hell is watching the money??
A hundred and some million dollars overpayment to U.N.
$125 Billion in improper payments to different projects after looking at only projects over $10 million (so there's more out there)
Let me ask you.....in your household budget, when have you ever overpaid anything??
Who in the hell is watching the money??
moreluck
golden ticket member
Re: Obamanation here today
He wants a cool phone, but doesn't realize when a microphone is on....
http://politics.blogs.foxnews.com/2011/04/15/chicago-it-was-open-mic-night-president?test=latestnews
He wants a cool phone, but doesn't realize when a microphone is on....
http://politics.blogs.foxnews.com/2011/04/15/chicago-it-was-open-mic-night-president?test=latestnews
klein
Für Meno :)
Re: Obamanomics
How can the US make an over payment to the UN, if they are the largest debtor to them ?
http://www.google.ca/url?sa=t&sourc...6QLq_ZwPjV4Oks9kg&sig2=KJjelhLobmcpgePI3TgXCw
How can the US make an over payment to the UN, if they are the largest debtor to them ?
U.S. Debt to the United Nations
United States debt to the United Nations, in both the regular and peacekeeping budgets, exceeded
$1.5 billion at the start of 2009. After passage of the 2009 appropriations bills, U.S. debt for
peacekeeping alone was over $1.3 billion. These arrears make the United States the largest debtor to
the United Nations and threaten its ability to leverage the international community toward achieving
key U.S. national security priorities.United States debt to the United Nations, in both the regular and peacekeeping budgets, exceeded
$1.5 billion at the start of 2009. After passage of the 2009 appropriations bills, U.S. debt for
peacekeeping alone was over $1.3 billion. These arrears make the United States the largest debtor to
the United Nations and threaten its ability to leverage the international community toward achieving
http://www.google.ca/url?sa=t&sourc...6QLq_ZwPjV4Oks9kg&sig2=KJjelhLobmcpgePI3TgXCw
Money is nothing. It's all about buying power and that is subjective, fluid, and in many cases intellectually created.
trplnkl
555
Not too sure "money is nothing" is correct. Cash, yea it isn't so important on it's own. As far a buying power, I have the buying power of 3-4 hunderd K, but I don't have nor will I ever have the money to pay it. No one want's to leave that kind of debt to their heirs. I think we all agree that leaving the national debt, in the numbers that seem to be inevitable, is unacceptable. We just disagree on how to reduce those numbers.
UpstateNYUPSer(Ret)
Well-Known Member
I personally think that if we are to be serious about reducing the debt we need to simply "rip off the band-aid".
I'll give you a personal example. On June 1, 2009, I had $48,500 of unsecured debt. Today I have $4,299. (Thanks to Dave Ramsey) My wake-up call came when I was making a purchase for my daughter and it was declined because Bank of America had closed my credit card account.
I wonder what our wake-up call as a nation will be or if we have already received it and hit the snooze button instead.
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