$3.8 trillion of the National Debt Matured Last Year. Over $4 trillion this year.

[akphidelt]

BUT, we never hear about having to borrow this money do we? For someone reason the only money we have to borrow is interest on the national debt and spending above taxation. I wonder why that is. Maybe because that money doesn't fucking exist!!

Don't you ever wonder why principal payments on the national debt are not included in Govt expenditures? For some reason we can "borrow" $7.8 trillion over the last two years and not a single dollar of our taxes went to it. Hmmmmmmm... maybe your tax dollars are the national debt... ever think of that?

 

[akphidelt]

"For some reason"* Correction so Scott L doesn't come after me.

 

[GasMan]

"For some reason"* Correction so Scott L doesn't come after me.

 

[festeringZit]

How many of these stupid fucking threads are you going to start?

 

[carlspackler]

How many of these stupid fucking threads are you going to start?

Someone once said that if you repeat a lie enough it becomes the truth.

 

[Willie99]

troll is punch drunk

 

[FrankieCarbone]

http://bit.ly/q7ghVC

BUT, we never hear about having to borrow this money do we? For someone reason the only money we have to borrow is interest on the national debt and spending above taxation. I wonder why that is. Maybe because that money doesn't fucking exist!!

Don't you ever wonder why principal payments on the national debt are not included in Govt expenditures? For some reason we can "borrow" $7.8 trillion over the last two years and not a single dollar of our taxes went to it. Hmmmmmmm... maybe your tax dollars are the national debt... ever think of that?

 

[JDeuce]

How many of these stupid fucking threads are you going to start?

Seriously.

We get it...you believe all money is fake, but nobody else does. Mods, can we just keep him contained to one thread so he can keep posting esoteric nonsense to himself over and over again?

 

[Dave007inVegas]

Somewhere in a galaxy far far away, Mercer is smiling.

 

[Coldweather]

This here national debt debacle is not good for the people. The Government needs to stop spending the peoples money and begin to put some money each day into a piggy bank. This should help this here situation imo.

:toast:

 

[akphidelt]

The mere fact that you guys can't explain to me what I am wrong about and the fact that the National Debt has NEVER decreased since we have been in the fiat standard. And the fact that your tax dollars have never been used to pay off the principal on maturing debt, in fact it's not even listed as a Govt expenditure. So knowing that, and the fact I know what I'm talking about, and the fact I have proof.

Even when we were running "surpluses" the National Debt still did not decrease. Like I said, when the national debt decreases, which it never well... then I will take your guys points more seriously.

 

[snoop]

You're a fucking broken record.

Middle East markets took big hair cuts today and soon Asia will follow, the US market is in for blood bath tomorrow and you sit here telling everyone that we DO NOT have a debt crisis? Seriously?

Go play Halo retard.

I've never come across a delusional, naive and dumbest piece of shit like you.

 

[akphidelt]

You're a fucking broken record.

Middle East markets took big hair cuts today and soon Asia will follow, the US market is in for blood bath tomorrow and you sit here telling everyone that we DO NOT have a debt crisis? Seriously?

Go play Halo retard.

I've never come across a delusional, naive and dumbest piece of shit like you.

You are presented with facts and you respond with market news. Amazing!! I don't even get why you respond to me. You obviously are not on a level that can have an intellectual debate with me over the operational realities of the United States.

I would suggest sticking to conversations with Willie and Dave about how much they hate America!! That way you can just throw out subjective opinions instead of being held accountable by facts.

 

[snoop]

Those are facts moron.

$2.5T was wiped out of the US market because of the debt crisis and the selloff continues worldwide.

 

[akphidelt]

Those are facts moron.

$2.5T was wiped out of the US market because of the debt crisis and the selloff continues worldwide.

Source?

 

[snoop]

http://www.foxbusiness.com/markets/2011/08/05/world-stocks-lose-25t-this-week/

http://www.pricegold.biz/?p=9071

http://www.24hoptions.com/2011/08/world-stocks-lose-2-5t-this-week/

http://www.bt.com.bn/business-world/2011/08/06/economy-jitters-hit-stocks-us-2-5t-wiped-out-week

http://www.themalaysianinsider.com/...-off-wipes-us2.5t-off-world-stocks-this-week/



Do you need sources in different languages stupid mother fucker?

 

[akphidelt]

So what is your argument? Who cares what people do with their money in the money markets. Being scared of the debt does not change the fact of what the debt is. I argue from operational realities... people taking their money out of the money market does not change anything about where that money came from.

 

[snoop]

Oh sure,

Who cares about what people do with their money?

Who cares about where the money come from?

Who cares about stock selloffs?

Who cares about credit rating?

Who cares about the US debts? Those people are dumb as fuck, many of them happen to manage hundred billion of dollars investment fund. How could they not know US debt is not a real debt?

Operational reality? Really? A dumb shit who never earn a penny in his entire life talking about reality.

Priceless.

 

[akphidelt]

Oh sure,

Who cares about what people do with their money?

Who cares about where the money come from?

Who cares about stock selloffs?

Who cares about credit rating?

Who cares about the US debts? Those people are dumb as fuck, many of them happen to manage hundred billion of dollars investment fund. How could they not know US debt is not a real debt?

Operational reality? Really? A dumb shit who never earn a penny in his entire life talking about reality.

Priceless.

Lol, I just showed you a quote from the richest man in America saying that the United States can't default on it's own debt. And I'm not talking about what people do with their money, I'm talking about the checks and balances of money creation. Point is the money they have comes from the Govt or from the Banks. What they do with that money does not affect how much money exists.

 

[snoop]

Do you know that richest man owns 15% stake in Moody, another rating agency? His agency affirmed triple A on the US while S&P downgraded it. How could he possibly praise S&P decision of lowering US credit rating?

Do you know that richest man was also wrong about sub-prime mortgage crisis which he later admitted that he could have known better?

Do you know that richest man made some bad calls in the past?

Are all people from Alaska fucking retarded?