National debt time bomb ticks toward crisis

[PICK3]

National debt time bomb ticks toward crisis - Business - Eye on the Economy - msnbc.com

The breakdown of talks between the White House and congressional Republicans has intensified worries about the financial bomb known as the national debt.

Without serious budget reforms, that bomb will almost certainly explode — with widespread collateral damage to the U.S. economy and the global financial system.




Have a good weekend

 

[samoth]

I never understood what the big deal is with this. Just raise taxes, kill SS and Medicare, and hike gas taxes a few hundred percent to put us in line with the EU.

Oh, and tax exemptions to the immediate families of any boomer who honorkills themself for fucking this country up in the first place, of course.

And perhaps mandatory sterilization of all people below certain IQ/income levels would help, too.

 

[lartinos]

I never understood what the big deal is with this. Just raise taxes, kill SS and Medicare, and hike gas taxes a few hundred percent to put us in line with the EU.

Oh, and tax exemptions to the immediate families of any boomer who honorkills themself for fucking this country up in the first place, of course.

And perhaps mandatory sterilization of all people below certain IQ/income levels would help, too.

Samoth for prez!

 

[mrplunkey]

I never understood what the big deal is with this. Just raise taxes, kill SS and Medicare, and hike gas taxes a few hundred percent to put us in line with the EU.

Oh, and tax exemptions to the immediate families of any boomer who honorkills themself for fucking this country up in the first place, of course.

And perhaps mandatory sterilization of all people below certain IQ/income levels would help, too.

That's not a bad plan, but if we're going to raise taxes they should be raised across the board.

Right now about half of all people don't pay any taxes (or no net taxes). They need some skin in the game.

 

[themondtster]

I belive when congress holds its session somebody should just nuke all them old fuckers. Both dem and rep, from everything Ive read lately they're both responsible through personal agendas, money, power, and twisted veiws on how this country should ran. They waste my hard earned tax money on dumb shit, they can give the auto and housing company billions but cut students grant money by millions. Which is more of waste? Medicare and social security would work if ran right but they run it like a pyramid scheme and funnel the money into other groups and funds. For example home land security showed up at work today. Five people in two brand new cars came to look at one piece of paper, they never got past the guard shack in front parking lot.

From My MaFukn Droid Son!

 

[themondtster]

That's not a bad plan, but if we're going to raise taxes they should be raised across the board.

Right now about half of all people don't pay any taxes (or no net taxes). They need some skin in the game.

I agree with that...a flat tax percentage. Because right now its about 30% of my check they get. I believe the companies should pay more. Little things like 1st and 2nd year tax cuts to promote business would be alright but some of these companies get all kinds of federal funding just to stay afloat or cause they are "GREEN", some get away with almost no taxes payed.



From My MaFukn Droid Son!

 

[PICK3]

I believe the companies should pay more.

don't worry ... Barry's on it!

 

[samoth]

That's not a bad plan, but if we're going to raise taxes they should be raised across the board.

Right now about half of all people don't pay any taxes (or no net taxes). They need some skin in the game.

Agreed, but the low and middle classes should be taxed at a higher rate than the wealthy -- if proles have a problem with that, then they should try not leading shitty lives and working middling jobs (basically an incentive to work harder).

 

[mrplunkey]

Agreed, but the low and middle classes should be taxed at a higher rate than the wealthy -- if proles have a problem with that, then they should try not leading shitty lives and working middling jobs (basically an incentive to work harder).

I'd settle for even taxation. It's amusing to me how everyone is so concerned about "fairness" but when it comes to taxes that somehow involves one person paying a higher rate than another.

 

[samoth]

I'd settle for even taxation. It's amusing to me how everyone is so concerned about "fairness" but when it comes to taxes that somehow involves one person paying a higher rate than another.

The more important one is, the more they comtribute to the economy... thus the less he or she should need to pay in taxes. Since "importance" is rather nebular, we can just use income as the defining proxy metric.

 

[samoth]

They waste my hard earned tax money on dumb shit, they can give the auto and housing company billions but cut students grant money by millions.

Nothing is worse than today's youth being all entitled and shit. You can take out loans to go to school -- here, WellsFargo has a great deal at a fixed 14.25%! Wells Fargo Rolls out Fixed-Rate Student Loans - ABC News

Damn kids not taking advantage of the opportunities all around them!

 

[PICK3]

Obama forecasts manufacturing comeback - CNN.com

 

[nefertiti]

I never understood what the big deal is with this. Just raise taxes, kill SS and Medicare, and hike gas taxes a few hundred percent to put us in line with the EU.

Oh, and tax exemptions to the immediate families of any boomer who honorkills themself for fucking this country up in the first place, of course.

And perhaps mandatory sterilization of all people below certain IQ/income levels would help, too.

NC had a sterilization program for low income women back in the 50's.....they are getting pwnt for restitution right now

 

[samoth]

NC had a sterilization program for low income women back in the 50's.....they are getting pwnt for restitution right now

Low income WOMEN in the 1950s? Could women even vote in the '50s? It's not like they were gunning for MD positions at GS back then...

And, to be fair, prole sterilization should apply to both men and women.

 

[nefertiti]

Agreed, but the low and middle classes should be taxed at a higher rate than the wealthy -- if proles have a problem with that, then they should try not leading shitty lives and working middling jobs (basically an incentive to work harder).

My sis has a masters, works 60 hours a week with mentally disabled people, and makes 40/year...Low/,iddle class income doesn't always equal not working hard, or not having a somewhat professional vocation.

I am in favor of even taxation, though.

 

[samoth]

Obama forecasts manufacturing comeback - CNN.com

I thought manufacturing left in the first place because american factory workers were lazy, unproductive, and unionized to demand much more than their physical labor "skills" were worth?

 

[samoth]

My sis has a masters, works 60 hours a week with mentally disabled people, and makes 40/year...Low/,iddle class income doesn't always equal not working hard, or not having a somewhat professional vocation.

I am in favor of even taxation, though.

Oh, hush. I'm running schtick here; no need to be, like, rational and stuff.

 

[nefertiti]

Low income WOMEN in the 1950s? Could women even vote in the '50s? It's not like they were gunning for MD positions at GS back then...

And, to be fair, prole sterilization should apply to both men and women.

had to go back and check....I only skimmed it the first time. Looks like it was men and women, but the vast majority were black women. It was enforced for anyone "mentally diseased, feebleminded, or epileptic" with most of them being labeled feebleminded.

Like Riddick, more than 71 percent of the victims were branded as "feebleminded"—a vague descriptor now acknowledged by researchers as a placeholder for other, less genteel labels: “promiscuous,” “truant,” or “lazy.”

 

[samoth]

had to go back and check....I only skimmed it the first time. Looks like it was men and women, but the vast majority were black women. It was enforced for anyone "mentally diseased, feebleminded, or epileptic" with most of them being labeled feebleminded.

All joking aside, we've come a long way in the past century. A lot of stuff that happened not-that-long before I was born is really hard to imagine.

 

[nefertiti]

All joking aside, we've come a long way in the past century. A lot of stuff that happened not-that-long before I was born is really hard to imagine.

Agreed...

I understand the frustration behind people who call for sterilization for people on govt. support...but the idea has always felt a little too uncomfortably close to nazi style eugenics for my liking.

 

[PICK3]

Agreed...

I understand the frustration behind people who call for sterilization for people on govt. support...but the idea has always felt a little too uncomfortably close to nazi style eugenics for my liking.

mandatory drug test for welfare recipients FTW!

 

[nefertiti]

mandatory drug test for welfare recipients FTW!

That I 100% support. I think florida does it already.

 

[Sust 350]

What happen with the $750 billion that the gov gave to the banks. 95% of those banks are ready to go bankrupt again. The gov are full of ex-CEO's or EX-presidents of banks, oil company's. It's all monkey business in that senate. What's going to happen is the gov is going to get more money to try to fix it, but it's actually going to the pockets of the rich.

 

[the.gladiator1987]

lmao @ the gov't, theyre just gonna print more money and prices will keep rising, but dont worry we will just raise the debt ceiling! That fixes everything!

I believe that we should get taxed evenly, fuck the middle class having to pay more, so the people that get inheritance money dont have to pay shit because they "work harder"? Bullshit

 

[mrplunkey]

Obama forecasts manufacturing comeback - CNN.com

That's incredibly cynical. He's talking about manufacturing making a comeback in a state that has been devastated by union problems over the last 60 years. So what else is he doing this week? Having his appointees at the NLRB make it easier to vote-in unions.

I know he's probably laughing his ass off, but it's crazy to see someone say one thing then do the total opposite in terms of policy.

He should name his upcoming $1.5 trillion deficit budget the "Obama Surplus Plan". I'm guessing most people won't know any better.

 

[PICK3]

That's incredibly cynical. He's talking about manufacturing making a comeback in a state that has been devastated by union problems over the last 60 years. So what else is he doing this week? Having his appointees at the NLRB make it easier to vote-in unions.

I know he's probably laughing his ass off, but it's crazy to see someone say one thing then do the total opposite in terms of policy.

He should name his upcoming $1.5 trillion deficit budget the "Obama Surplus Plan". I'm guessing most people won't know any better.

Obama pitches plan to promote high-tech innovation - Technology & science - Tech and gadgets - msnbc.com

WASHINGTON — President Barack Obama says technological innovations can help create jobs and spur growth in clean energy and advanced manufacturing.
In his radio and Internet address, the president promoted a plan he outlined Friday in which the government would join with universities and corporations to re-ignite the manufacturing sector with an emphasis on cutting-edge research and new technologies.

 

[miplank]

pick3 told me Barry has a plan

 

[PICK3]

pick3 told me Barry has a plan

He does indeed ... O Ye of Little Faith

 

[miplank]

He does indeed ... O Ye of Little Faith

lollololololol

 

[PICK3]

lollololololol

ololohedoesn'treallyhaveaplanwe'reactuallyfucked!lolol!

 

[b0und]

should I lol?

This thread doesn't really make me lol. Not with the economy being in the shitter and all.

Maybe you can lol at this:

CHINA WILL BE MORE FUCKED THAN YOU in about 5 years time. Whilst the USA will be slowly pulling itself out of the crap by then.

Mark my words, China will go down HARD!






b0und (believe me)

 

[b0und]

Oh and if you're wondering about the 5 year time frame...

in 2016 the Chinese real estate will have to repay its bonds. The bonds that they used to build 65 million (100 million by 2015) apartments and houses that nobody can afford to buy.

And EVERYBODY in China lies about their finances/profits/balance sheet. Their economy will crash and burn like nothing has ever crashed and burnt before they've been in a balance sheet recession since 2008 and haven't even admitted it to themselves yet.





b0und (maybe you'll feel better about your economy now?)

 

[PICK3]

in 2016 the Chinese real estate will have to repay its bonds.

they could just leverage it against the half of the North American continent they'll own by then

 

[miplank]

ololohedoesn'treallyhaveaplanwe'reactuallyfucked!lolol!

WTF?!

 

[wombtool]

Oh and if you're wondering about the 5 year time frame..

I was thinking that time frame was when Teh Glad realizes his 5 year plan is for shit and says fuck it and moves to China, thereby destroying their entire economy.

 

[b0und]

they could just leverage it against the half of the North American continent they'll own by then

They are already leveraged up to their eyeballs. Asset inflation always causes long and painful periods of deflation, eg Japan 1992 until today.

Shanghai median apartment price > 500x average annual income in Shanghai.

They are so over leveraged their great-great-grandkids are going to have to pay their mortgages.

China will go down hard.






b0und (and probably take Australia down with them )

 

[mrplunkey]

Oh and if you're wondering about the 5 year time frame...

in 2016 the Chinese real estate will have to repay its bonds. The bonds that they used to build 65 million (100 million by 2015) apartments and houses that nobody can afford to buy.

And EVERYBODY in China lies about their finances/profits/balance sheet. Their economy will crash and burn like nothing has ever crashed and burnt before they've been in a balance sheet recession since 2008 and haven't even admitted it to themselves yet.





b0und (maybe you'll feel better about your economy now?)

1) Even if the hype crashes (which I agree is possible), they'll still be left with hundreds of millions of able-bodied workers making things. They'll be fine.

2) What would a Chinese crash look like? A meager 3% growth? We'd kill for a Chinese-style "crash" here in the US.

 

[TrueLiberal]

China has a huge real estate bubble right now, but they also have a production based economy, not a debt based economy like the United States. The nature of the Chinese real estate bubble is different than the United States real estate bubble. The Chinese government forces people out of their homes to make room for centrally planned cities. Chinese consumers still need homes. The United States real estate fiasco put people into homes which they could not afford. The Chinese central planners are wasting resources building cities that are empty and forcing up the price of real estate.

The United State's national debt is already in crisis. The debt cannot be serviced by taxation. The United States ideally would default on it's debt at this point and restructure payment (kind of like bankruptcy for an individual). What the United States federal government is more likely to do however is sell treasuries to the Federal Reserve, have the treasury create money to pay off the nominal value of the debt, and destroy the value of the dollar by hyperinflation thereby causing an even worse economic crisis for United States citizens and the rest of the dollar dependent world.

 

[mrplunkey]

China has a huge real estate bubble right now, but they also have a production based economy, not a debt based economy like the United States. The nature of the Chinese real estate bubble is different than the United States real estate bubble. The Chinese government forces people out of their homes to make room for centrally planned cities. Chinese consumers still need homes. The United States real estate fiasco put people into homes which they could not afford. The Chinese central planners are wasting resources building cities that are empty and forcing up the price of real estate.

The United State's national debt is already in crisis. The debt cannot be serviced by taxation. The United States ideally would default on it's debt at this point and restructure payment (kind of like bankruptcy for an individual). What the United States federal government is more likely to do however is sell treasuries to the Federal Reserve, have the treasury create money to pay off the nominal value of the debt, and destroy the value of the dollar by hyperinflation thereby causing an even worse economic crisis for United States citizens and the rest of the dollar dependent world.

Wow. Well said!

 

[PICK3]

Wow. Well said!

butt he's a liberal

 

[samoth]

The United States real estate fiasco put people into homes which they could not afford.

It was the individuals who chose to buy something they couldn't afford.

I never understood how people could do something financially stupid then walk away from it with no consequences. If someone can't afford their mortgage or loses money on it, then the banks should have legal recourse to garnish the homebuyers' wages until they die.

I'm just going to blame the fucking liberals on this whole mess.

 

[puddlemonkey]

I

I'm just going to blame the fucking liberals on this whole mess.

absolutely

 

[mrplunkey]

It was the individuals who chose to buy something they couldn't afford.

I never understood how people could do something financially stupid then walk away from it with no consequences. If someone can't afford their mortgage or loses money on it, then the banks should have legal recourse to garnish the homebuyers' wages until they die.

I'm just going to blame the fucking liberals on this whole mess.

Ultimately it is the buyer's responsibility, but the government shouldn't be in the business of creating artificial mortgage markets in the first place.

 

[samoth]

Ultimately it is the buyer's responsibility, but the government shouldn't be in the business of creating artificial mortgage markets in the first place.

Not sure how you think the government's involved (moreso than other businesses), but financiers are in the business of making money. They made the markets. The government isn't responsible for you buying a car or pair of jeans you can't afford just because there's someone out there willing to sell it to you; no different with a house.

Those who were truely too stupid to realize the complexities of "variable-rate mortgage" and "sure you can afford this $400k house on your $40k salary" who were unable/unwilling to read the fine print on a legally binding document carry the responsibility to live a lifetime of wage-garnished poverty or go to prison until they can work off what they stole from the government and millions of taxpayers.

But no, liberal fucktards bailed these idiot homebuyers out at the expense of ARE COUNTRY. Fuck you, libtards!

 

[mrplunkey]

Not sure how you think the government's involved (moreso than other businesses), but financiers are in the business of making money. They made the markets. The government isn't responsible for you buying a car or pair of jeans you can't afford just because there's someone out there willing to sell it to you; no different with a house.

Those who were truely too stupid to realize the complexities of "variable-rate mortgage" and "sure you can afford this $400k house on your $40k salary" who were unable/unwilling to read the fine print on a legally binding document carry the responsibility to live a lifetime of wage-garnished poverty or go to prison until they can work off what they stole from the government and millions of taxpayers.

But no, liberal fucktards bailed these idiot homebuyers out at the expense of ARE COUNTRY. Fuck you, libtards!

I do agree that buyers are responsible. I also recognize the fact that many shouldn't-be homeowners were in the upper priced markets.

Having said that, this also contributed to the mess in a major way: Community Reinvestment Act - Wikipedia, the free encyclopedia

 

[samoth]

I do agree that buyers are responsible. I also recognize the fact that many shouldn't-be homeowners were in the upper priced markets.

Having said that, this also contributed to the mess in a major way: Community Reinvestment Act - Wikipedia, the free encyclopedia

I was just trying to flame a random polical party, but TY for the interesting reading material.

BTW, know any good technical/academic books analyzing the mortgage/fincial meltdown? I've followed it all kinda ex-post, but never read anything detailed.

 

[EnderJE]

I do agree that buyers are responsible. I also recognize the fact that many shouldn't-be homeowners were in the upper priced markets.

Having said that, this also contributed to the mess in a major way: Community Reinvestment Act - Wikipedia, the free encyclopedia

One challenge that I'm seeing is that some people are "better" then others for certain situations. For example, I know enough not to have credit card debt above $500 regardless of what the advertisements say. That said, given a look at the advertising and how "life would be better" if they had this or that (ie house, car, etc), I can understand why people are not as logical as a person would hope.

 

[mrplunkey]

I was just trying to flame a random polical party, but TY for the interesting reading material.

BTW, know any good technical/academic books analyzing the mortgage/fincial meltdown? I've followed it all kinda ex-post, but never read anything detailed.

I don't know of anything out there analyzing the meltdown (but I haven't really looked either). It would make for an interesting read.

 

[PICK3]

BTW, know any good technical/academic books analyzing the mortgage/fincial meltdown? I've followed it all kinda ex-post, but never read anything detailed.

Inside The Meltdown | FRONTLINE | PBS

On Thursday, Sept. 18, 2008, the astonished leadership of the U.S. Congress was told in a private session by the chairman of the Federal Reserve that the American economy was in grave danger of a complete meltdown within a matter of days. "There was literally a pause in that room where the oxygen left," says Sen. Christopher Dodd (D-Conn.).

Breaking The Bank | FRONTLINE | PBS

The bets were huge and risky -- billions of dollars on the housing market. The upside was undeniable -- superbanks reaped billions of dollars, dominated the landscape, and gobbled up competitors.


Ten Trillion And Counting | FRONTLINE | PBS

All of the federal government's efforts to stem the tide of the financial meltdown have added hundreds of billions of dollars to an already staggering national debt, a sum that is expected to double over the next 10 years to more than $23 trillion. In Ten Trillion and Counting, FRONTLINE traces the politics behind this mounting debt and investigates what some say is a looming crisis that makes the current financial situation pale in comparison.

 

[samoth]

PBS and NPR != technical/academic, hth

 

[PICK3]

PBS and NPR != technical/academic, hth

considerably more technical/academic than my typical American Idol, Jersey Shore, and GLEE viewing experiences.

 

[samoth]

considerably more technical/academic than my typical American Idol, Jersey Shore, and GLEE viewing experiences.

... well... yeah...

dammit, I can't argue with that...

 

[ledhead]

I do agree that buyers are responsible. I also recognize the fact that many shouldn't-be homeowners were in the upper priced markets.

Having said that, this also contributed to the mess in a major way: Community Reinvestment Act - Wikipedia, the free encyclopedia

Noooo, Plunkey a man as astute as you uses WIKI for a reference....No say it aint so....

 

[mrplunkey]

Noooo, Plunkey a man as astute as you uses WIKI for a reference....No say it aint so....

There's been a sustained push in the academic community to rail on Wikipedia. I recognize that it has its limitations, but if simply, general-purpose, publicly-available systems have taught us anything it is that they eventually surpass more boutique products.

 

[ledhead]

There's been a sustained push in the academic community to rail on Wikipedia. I recognize that it has its limitations, but if simply, general-purpose, publicly-available systems have taught us anything it is that they eventually surpass more boutique products.

lolololololol.....Which is probably true.... lol.....

 

[TrueLiberal]

[FONT=&quot]The government guaranteed payment to the lenders for loaning to credit unworthy borrowers. The banks were offering "teaser" low interest, variable interest mortgages that changed into a higher interest rate after 7 years (I think). Banks were literally instructed by the Federal Reserve in memos to loan to unqualified buyers. A lot of the debt created by "subprime" mortgages was distributed financially through 'derivatives' and sold to foreign investors. The loan takers were in on the scam. They were allowed to lie about their finances to get the loans.

Most banks lost no money on these bad loans. Banks are protected by the federal government at any cost. That's why you saw hundreds of billions of dollars sent to Wall Street to bail out financiers. When you remove the negative consequences and of stupid actions, people and institutions will tend to act carelessly.[/FONT]

 

[TrueLiberal]

butt he's a liberal

I'm a true liberal. The word 'liberal' has been perverted by modern day socialist democrats.

 

[mrplunkey]

lolololololol.....Which is probably true.... lol.....

I still remember a publicly-driven open source software project to cobble together an operating system by a bunch of neckbeard nerds.

Now Linux (and its variants) run on a ton of platforms.

 

[TrueLiberal]

It was the individuals who chose to buy something they couldn't afford.

I never understood how people could do something financially stupid then walk away from it with no consequences. If someone can't afford their mortgage or loses money on it, then the banks should have legal recourse to garnish the homebuyers' wages until they die.

I'm just going to blame the fucking liberals on this whole mess.

I never buy into the liberal/conservative false dichotomy. Most politicians on the federal level are owned by banks and fanciers. You wouldn't have seen a multi-hundred billion dollar bail-out for the banks if that wasn't the case.

Politics is like professional wrestling. The whole rivalry between the parties is a scripted battle to keep you entertained. Back stage they are all friends and work for the same group of bosses.

 

[the.gladiator1987]

I never buy into the liberal/conservative false dichotomy. Most politicians on the federal level are owned by banks and fanciers. You wouldn't have seen a multi-hundred billion dollar bail-out for the banks if that wasn't the case.

Politics is like professional wrestling. The whole rivalry between the parties is a scripted battle to keep you entertained. Back stage they are all friends and work for the same group of bosses.

I think its funny that the gov't keeps the republicans against the democrats, and they argue with eachother as if "thats" the case for every fuck up...lmao

 

[ledhead]

I still remember a publicly-driven open source software project to cobble together an operating system by a bunch of neckbeard nerds.

Now Linux (and its variants) run on a ton of platforms.

Oh yeah...Linux is pretty stable and secure for the most part. Wiki is actually getting a little better.
I can't imagine what that software project was like....

 

[TrueLiberal]

I think its funny that the gov't keeps the republicans against the democrats, and they argue with eachother as if "thats" the case for every fuck up...lmao

If you listen to them argue, they are always just splitting hairs. When they "argued" over budget cuts, they argued over cutting something like 88 billion or 35 billion. 88 billion is barely enough money to run the government for 3 days. Neither 88 billion or 35 billion is a real cut.

 

[samoth]

Most banks lost no money on these bad loans

Perhaps basic accounting was omitted in your liberal education...

BTW, since you're one of those politic monikers, what are you're views on NASA and the space program?

 

[the.gladiator1987]

fuck the government

 

[PICK3]

Bachmann: 'Scare tactics' in debt ceiling issue - politics - Decision 2012 - msnbc.com

Presidential candidate says, 'It isn't true that the government would default on its debt' on Aug. 2

 

[PICK3]

Geithner, she said, "can very simply pay the interest on the debt first, then we're not in default."

 

[PICK3]

http://www.cbsnews.com/htdocs/pdf/FTN_062611.pdf?tag=cbsnewsTwoColUpperPromoArea

REPRESENTATIVE MICHELE BACHMANN: Well, I think a lot of people don’t know about me is
the fact that my husband and I are both self-made. We came from lower middle-income families.
We both worked our way through college. We worked our way through graduate school. I have
a law degree but I also have a post doctorate degree in federal tax law from William and Mary.

And I spent my professional life and my scholarly life working on federal tax litigation in the United States Federal Tax Court. I have a long history of the devastation of high taxes on
individuals, businesses, farmers.

^^^digi approved!!!

 

[samoth]

We worked our way through graduate school. I have a law degree but I also have a post doctorate degree in federal tax law from William and Mary.

What the dumbfuck boomers fail to mention is that this was in back in the stone age *before* W&M cost $50k/year.

I'm waiting for someone to make a market for student loan CDOs.

 

[PICK3]

What the dumbfuck boomers fail to mention is that this was in back in the stone age *before* W&M cost $50k/year.

I'm waiting for someone to make a market for student loan CDOs.

anyone with a PhD or higher impresses the fuck out of me




just sayin'

 

[PICK3]

http://palin-bachmann-2012.com/images/i-cant-wait-header.gif

 

[mrplunkey]

http://palin-bachmann-2012.com/images/i-cant-wait-header.gif

Noooo! I don't want Palin to be president.

I want her appointed the head of Health and Human Services so she can implement BarryCare. The libtards wanted to give the government a fresh shit-ton of power -- let's see how they feel when Secretary Palin wields it.

 

[PICK3]

Noooo! I don't want Palin to be president.

I want her appointed the head of Health and Human Services so she can implement BarryCare. The libtards wanted to give the government a fresh shit-ton of power -- let's see how they feel when Secretary Palin wields it.

I'm knot political ... I'm just biased towards teh vag


just sayin'

 

[mrplunkey]

i'm knot political ... I'm just biased towards teh sawsage


just sayin'

fyp

 

[TrueLiberal]

Perhaps basic accounting was omitted in your liberal education...

BTW, since you're one of those politic monikers, what are you're views on NASA and the space program?

The loans were guaranteed by the federal government. If you make a risky loan, then the lender defaults, and the government pays you the outstanding balance you have lost no money on the loan. -2 (the loan) +1 (amount paid by loan receiver) +1 (shortage paid by federal government and loan guaranteurs such as Fredie Mac and Fannie Mae) = 0. No loss.

NASA should be a private, market driven company, not a quasi-government, tax payer subsidized corporation.
\

 

[PICK3]

NASA should be a private, market driven company, not a quasi-government, tax payer subsidized corporation.
\

^^^
Plunkey approved!

 

[mrplunkey]

^^^
Plunkey approved!

Hell^Yes

 

[PICK3]

Bachmann's husband got $137,000 in Medicaid funds - politics - Decision 2012 - msnbc.com

The clinic, based in Lake Elmo, Minn., describes itself on its website as offering "quality Christian counseling" for a large number of mental health problems ranging from "anger management" to addictions and eating disorders.

 

[mrplunkey]

Bachmann's husband got $137,000 in Medicaid funds - politics - Decision 2012 - msnbc.com

The clinic, based in Lake Elmo, Minn., describes itself on its website as offering "quality Christian counseling" for a large number of mental health problems ranging from "anger management" to addictions and eating disorders.

 

[PICK3]

Bachmann's hubby says, "thanks 4 the paycheck Plunkster!"

http://msnbcmedia2.msn.com/j/MSNBC/Components/Photo/_new/110628-bachmanns-hmed-4p.grid-6x2.jpg

 

[miplank]

Ololololololo

 

[binö]

trueliberal is a wise maing.
and i hope the country financially collapses...maybe then we can close up some military bases and stop handing out billions to countries that hate us.
maybe even break up our country into smaller states, sometimes i think we would be better served anwsering to a smaller gov and not some distant fed in DC

 

[mrplunkey]

Bachmann's hubby says, "thanks 4 the paycheck Plunkster!"

Troooo.

And I didn't even get a reach around.

 

[mrplunkey]

trueliberal is a wise maing.
and i hope the country financially collapses...maybe then we can close up some military bases and stop handing out billions to countries that hate us.
maybe even break up our country into smaller states, sometimes i think we would be better served anwsering to a smaller gov and not some distant fed in DC

If we reverted back to the independent state / loose federal model, we'd probably dominate the world within a couple of decades. Nobody could compete with that.

 

[binö]

If we reverted back to the independent state / loose federal model, we'd probably dominate the world within a couple of decades. Nobody could compete with that.

the fed would buck that sooo hard, def would go to war and kill more of it's citizens behind the guise of keeping the nation together.

 

[bigpokey]

If we reverted back to the independent state / loose federal model, we'd probably dominate the world within a couple of decades. Nobody could compete with that.

^^^ second best idea to fix country next to legalizing fog

 

[digimon7068]

I never understood what the big deal is with this. Just raise taxes, kill SS and Medicare, and hike gas taxes a few hundred percent to put us in line with the EU.

Oh, and tax exemptions to the immediate families of any boomer who honorkills themself for fucking this country up in the first place, of course.

And perhaps mandatory sterilization of all people below certain IQ/income levels would help, too.

yeah...ummm...you kinda can't get rid of social security and medicare...not that easy, anyway...over time, maybe, but not all at once...however, what you can do is not give the fucking shit to ANYONE who hasn't reached 65 years of age...period...no if's, and's or but's...i don't care if your back hurts...pay for fucking disability insurance like i do...i don't care if your parents were killed in a fucking car accident...pay for lots of life insurance like i do...the drain on that system by those who were NEVER supposed to be collecting from it is astronomical!

 

[digimon7068]

oh and, no more unemployment! shut the fucking shit off! get off your ass and go back to work! there are jobs out there...sure you might make less money than you were before...I AM, why the fuck shouldn't you??

and, while we're at it, how about some welfare reform...you get 2 years, then you're off...and you can't get back on for at least 10 years...and, while you're on?? mandatory drug testing and mandatory birth control! fuck the aclu...fuck the national organization for women...fuck the lawyers...fuck everybody.

have a nice day

 

[kx250rider]

1) Stop stealing from social security... That money belongs to the working people who put it there... NOT the lazy who did not put it there. It's a federal savings account, and is not a tax nor is it property of the government.

2) Eliminate welfare altogether, except for the mentally or physically disabled.

3) Butt out of all foreign countries' affairs, and let them kill each other or whatever it is that they're wanting to do.

4) Cut off the oil imports. There is more oil under Los Angeles and West Texas than the Iranians could dream about.

5) Put Nancy Pelosi and Barbara Boxer in a cage, and display them at Ringling Bros. Circus with the other spectacular human anomalies.

6) Abolish the tax code, and replace it with a flat 10% income tax. For Mc Donald's servers and land barons.

7) Disband the EPA, and replace it with a body of government which is interested in protecting the environment; not protecting illegal chemical patents and their own wallets, and annihilating successful businesses.

Charles

 

[miplank]

yeah...ummm...you kinda can't get rid of social security and medicare...not that easy, anyway...over time, maybe, but not all at once...however, what you can do is not give the fucking shit to ANYONE who hasn't reached 65 years of age...period...no if's, and's or but's...i don't care if your back hurts...pay for fucking disability insurance like i do...i don't care if your parents were killed in a fucking car accident...pay for lots of life insurance like i do...the drain on that system by those who were NEVER supposed to be collecting from it is astronomical!

hell yeah...


Just the other day I had this bish in my office trying to buy a car with her boyfriend of like 10 years. Her previous husband killed himself and each one of his kids were receiving like $500 a month from SSI. Now was mom socking that money away for the kids? Nope, bitch was trying to use it to buy a honda s2000 for her bf. Real practical car for a family with 3 kids.

 

[billfred]

oh and, no more unemployment! shut the fucking shit off! get off your ass and go back to work! there are jobs out there...sure you might make less money than you were before...I AM, why the fuck shouldn't you??

and, while we're at it, how about some welfare reform...you get 2 years, then you're off...and you can't get back on for at least 10 years...and, while you're on?? mandatory drug testing and mandatory birth control! fuck the aclu...fuck the national organization for women...fuck the lawyers...fuck everybody.

have a nice day

This is no shit. Unemployment in our region is 4%. Restaurants are have half the stations closed because they don't have cooks or people to wait tables.

You see anyone from Ohio or Nevada moving here to look for work? Hell no, they would rather collect unempmployment from the Govt.

 

[digimon7068]

hell yeah...


Just the other day I had this bish in my office trying to buy a car with her boyfriend of like 10 years. Her previous husband killed himself and each one of his kids were receiving like $500 a month from SSI. Now was mom socking that money away for the kids? Nope, bitch was trying to use it to buy a honda s2000 for her bf. Real practical car for a family with 3 kids.

fuck the fucking fuckers

 

[bigpokey]

hell yeah...


Just the other day I had this bish in my office trying to buy a car with her boyfriend of like 10 years. Her previous husband killed himself and each one of his kids were receiving like $500 a month from SSI. Now was mom socking that money away for the kids? Nope, bitch was trying to use it to buy a honda s2000 for her bf. Real practical car for a family with 3 kids.

wow, im guessin u told her what a cunt she was and said u wouldn't sell her the car

 

[digimon7068]

wow, im guessin u told her what a cunt she was and said u wouldn't sell her the car

hahahaha...good one!! touche!!!

 

[binö]

wow, im guessin u told her what a cunt she was and said u wouldn't sell her the car

that is called pwned.
you know he smiled and gladly took "her" money