As we ascend to new heights

Willy, you didn't include all the unfunded liabilities that the taxpayers are on the hook for: Social Security, Medicare, Medicaid, health care, retirements, etc.

About $65 TRILLION of them.




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More rightwing brain surgery....

I dont know why they dont get you guys up there to run the Treasury Dept.

And put Stephany running the Fed.

Keli running the new Dept of state religion.

Aaron at Education.

OC in charge of Spin.

SamCogar wrote:Willy, you didn't include all the unfunded liabilities that the taxpayers are on the hook for: Social Security, Medicare, Medicaid, health care, retirements, etc.

About $65 TRILLION of them.




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Trust me, they'll be in there down the road as money is borrowed to pay for them.

sodbuster wrote:More rightwing brain surgery....

Are the figures I quoted wrong, Sherman?

The Debt figure is the official figure from the US Treasury Department. I have a spreadsheet of the debt all the way back into the 1920's The population figure came from the US Census website. And it is just simple division to find out how much is owed per citizen. I used Excel to do the division since the debt number is so large. As far as the interest figure goes, I will admit I guessed at the interest, using 4% per annum. It may be less than that, by a point or so. However, the interest is still there and still due and owing, unless you are suggesting the US Government default, of course.

So, tell Me:

Is the National Debt growing, Sherman?

Why is it growing, Sherman?

As Sam pointed out there are many unfunded and underfunded liabilities coming due. Tell me Sherman, where will the money come from to pay for them?

Since you accused me of right wing brain surgery, why don't tell me where I made an error and show me the correct way to view these figures.

Cato

sodbuster wrote:More rightwing brain surgery....

I dont know why they dont get you guys up there to run the Treasury Dept.

And put Stephany running the Fed.

Keli running the new Dept of state religion.

Aaron at Education.

OC in charge of Spin.

And that leaves the sanatation department for you!!!

Or perhaps you should take the manure spreading department.

Stephanie would return the nation's gold and then proceed to dismantle the Fed.

Cato wrote:

sodbuster wrote:More rightwing brain surgery....

Are the figures I quoted wrong, Sherman?

The Debt figure is the official figure from the US Treasury Department. I have a spreadsheet of the debt all the way back into the 1920's The population figure came from the US Census website. And it is just simple division to find out how much is owed per citizen. I used Excel to do the division since the debt number is so large. As far as the interest figure goes, I will admit I guessed at the interest, using 4% per annum. It may be less than that, by a point or so. However, the interest is still there and still due and owing, unless you are suggesting the US Government default, of course.

So, tell Me:

Is the National Debt growing, Sherman?

Why is it growing, Sherman?

As Sam pointed out there are many unfunded and underfunded liabilities coming due. Tell me Sherman, where will the money come from to pay for them?

Since you accused me of right wing brain surgery, why don't tell me where I made an error and show me the correct way to view these figures.

Cato

I know you have important things to do sherman, like offer sacrifice to Obama and worship and the alter of the Leftist, however, I'm waiting for a reply. I fully expect you to reply and defend your position.

Personally, I don't think you have the courage to answer and if you do, it will be some sort blatthering reply that means nothing. Unlike the others that post here, I'm not going to let you off the hook so easy.

sodbuster wrote:More rightwing brain surgery....

I dont know why they dont get you guys up there to run the Treasury Dept.

And put Stephany running the Fed.

Keli running the new Dept of state religion.

Aaron at Education.

OC in charge of Spin.

Shermmy doesn't want anyone talking about the unfunded liabilites that the taxpaying cititzens of WV are on the hook for either.

And that is about $24 BILLION DOLLARS.

With about 1.9 million population and something less than 700,000 working and paying taxes which mean they each owe $34,285.71 to pay that debt off.



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Funny how Republicans and conservatives did not fret about the national debt under 28 years of republican administrations like Reagan, Bush, Clinton and Bush II.

But now all at once its a major issue for them?

Crocodile tears.

ziggy wrote:Funny how Republicans and conservatives did not fret about the national debt under 28 years of republican administrations like Reagan, Bush, Clinton and Bush II.

But now all at once its a major issue for them?

Crocodile tears.

That's because it is vogue now to worry about the debt and deficits. As I have been saying for sometime, it isn't about good governance its about buying votes and retaining office. There is no differernce in the two parties. The whole matter comes down to who they let feed at the trough first. ON top of that we have morons who want ot use the government to froce their particular agenda on people and that also is used to by the parasites to buy votes in the end people who actually truly love liberty loose not only that buyy have the frouit of their labors taken to make others feel all warm and fuzzy.

By the way notice that Sodbuster won't answer. he represents the majority of voters today. They have no idea wha thtey want or what liberty is about. They vote using their belly as guide.

That's because it is vogue now to worry about the debt and deficits.

So why wasn't it so vogue even 6 months ago- even 5 months ago- when the TARP give away to the corporate socialists law was being crammed down the throats of Americans? Why is worry about the debt suddenly now "vogue" when real people might nominally benefit from some small parts of such foolish defecit spending, but not when the corporate socialists are getting their fiscal fix?

There were a lot of people speaking out against the bailout. How is it suddenly our fault that it fell on ears both in Congress and on Main Street?

ziggy wrote:

That's because it is vogue now to worry about the debt and deficits.

So why wasn't it so vogue even 6 months ago- even 5 months ago- when the TARP give away to the corporate socialists law was being crammed down the throats of Americans? Why is worry about the debt suddenly now "vogue" when real people might nominally benefit from some small parts of such foolish defecit spending, but not when the corporate socialists are getting their fiscal fix?

Well actually many did speak out against the TARP bill. I know I have three letters to Captio, one to Byrd and one to Rockefeller. I also know that almost every poll taken indicated that the general public was opposed to the TARP bill. As far as the deficits and Debt goes, some in congress have spoke out against them and being doing so for sometime. Ron Paul is one and there are others like a gentleman named Gravel.

Yes, you spoke out against the TARP bill. But it is only today that you have acknowledged that the best reason to oppose the more recent "stimulus bill" spending is because it is all being done on borrowed money on top of more borrowed money. Where has your national debt outrage been until now? Where was it when Bush and Congress were putting every dollar of the Iraq war costs onto the national debt tab? Where was you national debt concern when the TARP bill- which was all based on borrowing- was being passed?

I have been trying to get folks to look at the national debt here for years and years. But as long as federal taxes went down or did not increase, you didn't give a hoot about the national debt- until now.

Welcome to your new found sense of fiscal conscience.

ziggy wrote:Yes, you spoke out against the TARP bill. But it is only today that you have acknowledged that the best reason to oppose the more recent "stimulus bill" spending is because it is all being done on borrowed money on top of more borrowed money. Where has your national debt outrage been until now? Where was it when Bush and Congress were putting every dollar of the Iraq war costs onto the national debt tab? Where was you national debt concern when the TARP bill- which was all based on borrowing- was being passed?

I have been trying to get folks to look at the national debt here for years and years. But as long as federal taxes went down or did not increase, you didn't give a hoot about the national debt- until now.

Welcome to your new found sense of fiscal conscience.

If you talking to me, you need to go back and do some reading of my posts. I am one of the people that has screamed for a constitutional government and the removal of everything, not authorzied by the US Constitution. If you remember on the old board I pointed out the growth of the debt from the time of the Civil War until the time of Bush 2. It was me who also pointed out to the righties and lefties that both sides were equally guilty in increasing the debt. I also pointed a number of times how the federal government "cooked the books", with their on budget off budget form of accounting. The "on Budget" items only be counted against the deficit. I did this when you people were telling me how good a job Clinton was doing. I am one of the the people who posted on this board condemning Byrd for all the poek he brings back to the state and I have caught hell for it numerous times fromt he lefties.

Tell me Ziggy, how many times have you expressed you outrage to the politicans? None, Once twice.

Tell me Ziggy, how many times have you expressed you outrage to the politicans? None, Once twice.

Too many times to count, Cato- hundreds of times- in hard copy letters, phone calls, in e-mails, in in-person protests, in the Courts, and even occasional civil disobedience.

ziggy wrote:

Tell me Ziggy, how many times have you expressed you outrage to the politicans? None, Once twice.

Too many times to count, Cato- hundreds of times- in hard copy letters, phone calls, in e-mails, in in-person protests, in the Courts, and even occasional civil disobedience.

I have also in hard copy letters, phone calls, emails, and letters to the editor.

Funny how Republicans and conservatives did not fret about the national debt under 28 years of republican administrations like Reagan, Bush, Clinton and Bush II.

Seventeen trillion dollars worth of debt at the end of 10 years, $11 trillion at the end of five years. This translates into a debt-to-GDP ratio which we have not seen in this country since the end of World War II when we were trying to pay off the war debt. Basically, you take national debt up to about 80 percent of gross national product. That's the public debt. Historically, it's been about 40 percent.

That first list you produced look like pikers compared to your bunch. You'd be partly right about my hypocrisy if I hadn't complained about each of those overspenders. Somehow I don't think your objections will prevent me from complaining about this one either.

ziggy wrote:Funny how Republicans and conservatives did not fret about the national debt under 28 years of republican administrations like Reagan, Bush, Clinton and Bush II.

But now all at once its a major issue for them?

Crocodile tears.

Reagan saved the military, Bush I raised taxes and Clinton was a very liberal democrat.

Bush II, had he paid for the Iraq war and not enacted democratic spending bills for Medicare and the bailouts would have actually reduced the deficit.

And by the time this is all said and done, the cumulative debt of the Obama's 4 predecessors will not equal his.

Yeah, that's change.