Let's talk about the National Debt

First, the wars in Afghanistan and Iraq and our policy of foreign intervention has greatly contributed to the amount of money we owe; cutting taxes at a time of war and the Great Recession exacerbated a long term and growing issue.

The debt will come down, once we elect a fiscally responsible Congress. Note, fiscal conservatism and austerity are not solutions, they are political talking points. Raising taxes and cutting unnecessary spending is the solution!

Borrowing and the Federal Debt

Whining about the national debt is one more wedge issue, a talking point by the Republican Party (and callow posters who parrot the current meme) who contributed greatly to the problem and now want to point fingers at President Obama. That's one more BIG LIE by the Party of Grover Limbaugh.

Obama Fulffers motto: Obama had nothing to do with the debt, its all somebody else's fault

Even the failed stimulus wasn't his fault

You wonder why I believe you're not only a partisan hack but dumb as a box of rocks:

Google

Read it and then run away and hide.

Obama. He's a Deity. Never did anything wrong. It's always somebody else fault. Surely a more perfect man never walked the Earth.

Freddo, you're turning into a characture of yourself.

Obama has made mistakes, stumbled on issues and too often been reactive when being proactive was necessary. But assholes like you have hated him since he received the nomination, and assholes like you have never given him credit for a thing.

Of course that's to be expected from partisan assholes, like you; the character flawed self righteous assholes, like you, who lie, spread half-truths and rumors as facts and attack President Obama on every issue; all the while excusing G. W. Bush & Co. for egregious incompetence costing the lives of 3,000 on 9/11/01 (Cole was attack a few months before the horror on that day, any competent person/administration would have been focused on protection American soil).

The deaths of over 4,500 American service personal are on the hands of Bush & Co. and what have we gained for invading and occupying a Muslim Country - ISIS, more deaths and more threats to attack Americans.

Yeah, you're piece of human excrement, that's for sure, and as is typical of your kind, facts have no bearing on your prejudices and never temper your mendacity.
 
First, the wars in Afghanistan and Iraq and our policy of foreign intervention has greatly contributed to the amount of money we owe; cutting taxes at a time of war and the Great Recession exacerbated a long term and growing issue.

The debt will come down, once we elect a fiscally responsible Congress. Note, fiscal conservatism and austerity are not solutions, they are political talking points. Raising taxes and cutting unnecessary spending is the solution!

Borrowing and the Federal Debt

Whining about the national debt is one more wedge issue, a talking point by the Republican Party (and callow posters who parrot the current meme) who contributed greatly to the problem and now want to point fingers at President Obama. That's one more BIG LIE by the Party of Grover Limbaugh.

Obama Fulffers motto: Obama had nothing to do with the debt, its all somebody else's fault

Even the failed stimulus wasn't his fault

You wonder why I believe you're not only a partisan hack but dumb as a box of rocks:

Google

Read it and then run away and hide.

Obama. He's a Deity. Never did anything wrong. It's always somebody else fault. Surely a more perfect man never walked the Earth.

Freddo, you're turning into a characture of yourself.

Obama has made mistakes, stumbled on issues and too often been reactive when being proactive was necessary. But assholes like you have hated him since he received the nomination, and assholes like you have never given him credit for a thing.

Of course that's to be expected from partisan assholes, like you; the character flawed self righteous assholes, like you, who lie, spread half-truths and rumors as facts and attack President Obama on every issue; all the while excusing G. W. Bush & Co. for egregious incompetence costing the lives of 3,000 on 9/11/01 (Cole was attack a few months before the horror on that day, any competent person/administration would have been focused on protection American soil).

The deaths of over 4,500 American service personal are on the hands of Bush & Co. and what have we gained for invading and occupying a Muslim Country - ISIS, more deaths and more threats to attack Americans.

Yeah, you're piece of human excrement, that's for sure, and as is typical of your kind, facts have no bearing on your prejudices and never temper your mendacity.

Freddo I despise the entire Bush Clan, a more traitorous group never existed.

Let's stick with your pathetic op where you pretend Obama is not actually potus. Who was it that proposed the Failed Stimulus? Was that Cheney or Obama? Who has not passed a single budget during his entire Presidency?
 
First, the wars in Afghanistan and Iraq and our policy of foreign intervention has greatly contributed to the amount of money we owe; cutting taxes at a time of war and the Great Recession exacerbated a long term and growing issue.

The debt will come down, once we elect a fiscally responsible Congress. Note, fiscal conservatism and austerity are not solutions, they are political talking points. Raising taxes and cutting unnecessary spending is the solution!

Borrowing and the Federal Debt

Whining about the national debt is one more wedge issue, a talking point by the Republican Party (and callow posters who parrot the current meme) who contributed greatly to the problem and now want to point fingers at President Obama. That's one more BIG LIE by the Party of Grover Limbaugh.

Obama Fulffers motto: Obama had nothing to do with the debt, its all somebody else's fault

Even the failed stimulus wasn't his fault

You wonder why I believe you're not only a partisan hack but dumb as a box of rocks:

Google

Read it and then run away and hide.

Obama. He's a Deity. Never did anything wrong. It's always somebody else fault. Surely a more perfect man never walked the Earth.

Freddo, you're turning into a characture of yourself.

Obama has made mistakes, stumbled on issues and too often been reactive when being proactive was necessary. But assholes like you have hated him since he received the nomination, and assholes like you have never given him credit for a thing.

Of course that's to be expected from partisan assholes, like you; the character flawed self righteous assholes, like you, who lie, spread half-truths and rumors as facts and attack President Obama on every issue; all the while excusing G. W. Bush & Co. for egregious incompetence costing the lives of 3,000 on 9/11/01 (Cole was attack a few months before the horror on that day, any competent person/administration would have been focused on protection American soil).

The deaths of over 4,500 American service personal are on the hands of Bush & Co. and what have we gained for invading and occupying a Muslim Country - ISIS, more deaths and more threats to attack Americans.

Yeah, you're piece of human excrement, that's for sure, and as is typical of your kind, facts have no bearing on your prejudices and never temper your mendacity.

Freddo I despise the entire Bush Clan, a more traitorous group never existed.

Let's stick with your pathetic op where you pretend Obama is not actually potus. Who was it that proposed the Failed Stimulus? Was that Cheney or Obama? Who has not passed a single budget during his entire Presidency?

7,500 killed in my example alone and you focus on lies. The stimulus is not and never has been a failure - failure was going into Iraq with the force you had, not the one you wanted, and failing to properly equip it. Budget impasses are the result of assholes like you, well not like you exactly they accomplished something - they got elected to the H. of Rep. Of course like you they don't have a brain, they are stuck doing what they've been told to think and follow the direction of dirt bags like Grove Limbaugh, or is it Rush Norquist.
 
Last edited:
Obama Fulffers motto: Obama had nothing to do with the debt, its all somebody else's fault

Even the failed stimulus wasn't his fault

You wonder why I believe you're not only a partisan hack but dumb as a box of rocks:

Google

Read it and then run away and hide.

Obama. He's a Deity. Never did anything wrong. It's always somebody else fault. Surely a more perfect man never walked the Earth.

Freddo, you're turning into a characture of yourself.

Obama has made mistakes, stumbled on issues and too often been reactive when being proactive was necessary. But assholes like you have hated him since he received the nomination, and assholes like you have never given him credit for a thing.

Of course that's to be expected from partisan assholes, like you; the character flawed self righteous assholes, like you, who lie, spread half-truths and rumors as facts and attack President Obama on every issue; all the while excusing G. W. Bush & Co. for egregious incompetence costing the lives of 3,000 on 9/11/01 (Cole was attack a few months before the horror on that day, any competent person/administration would have been focused on protection American soil).

The deaths of over 4,500 American service personal are on the hands of Bush & Co. and what have we gained for invading and occupying a Muslim Country - ISIS, more deaths and more threats to attack Americans.

Yeah, you're piece of human excrement, that's for sure, and as is typical of your kind, facts have no bearing on your prejudices and never temper your mendacity.

Freddo I despise the entire Bush Clan, a more traitorous group never existed.

Let's stick with your pathetic op where you pretend Obama is not actually potus. Who was it that proposed the Failed Stimulus? Was that Cheney or Obama? Who has not passed a single budget during his entire Presidency?

7,500 killed in my example alone and you focus on lies. The stimulus is not and never has been a failure - failure was going into Iraq with the force you had, not the one you wanted, and failing to properly equip it. Budget impasses are the result of assholes like you, well not like you exactly they accomplished something - they got elected to the H. of Rep. Of course like you they don't have a brain, they are stuck doing what they've been told to think and follow the direction of dirt bags like Grove Limbaugh, or is it Rush Norquist.

Obama took over a stable Iraq, AQ and the islamists were contained. That's what those men died to bring about.

Then Obama switched sides
 
You wonder why I believe you're not only a partisan hack but dumb as a box of rocks:

Google

Read it and then run away and hide.

Obama. He's a Deity. Never did anything wrong. It's always somebody else fault. Surely a more perfect man never walked the Earth.

Freddo, you're turning into a characture of yourself.

Obama has made mistakes, stumbled on issues and too often been reactive when being proactive was necessary. But assholes like you have hated him since he received the nomination, and assholes like you have never given him credit for a thing.

Of course that's to be expected from partisan assholes, like you; the character flawed self righteous assholes, like you, who lie, spread half-truths and rumors as facts and attack President Obama on every issue; all the while excusing G. W. Bush & Co. for egregious incompetence costing the lives of 3,000 on 9/11/01 (Cole was attack a few months before the horror on that day, any competent person/administration would have been focused on protection American soil).

The deaths of over 4,500 American service personal are on the hands of Bush & Co. and what have we gained for invading and occupying a Muslim Country - ISIS, more deaths and more threats to attack Americans.

Yeah, you're piece of human excrement, that's for sure, and as is typical of your kind, facts have no bearing on your prejudices and never temper your mendacity.

Freddo I despise the entire Bush Clan, a more traitorous group never existed.

Let's stick with your pathetic op where you pretend Obama is not actually potus. Who was it that proposed the Failed Stimulus? Was that Cheney or Obama? Who has not passed a single budget during his entire Presidency?

7,500 killed in my example alone and you focus on lies. The stimulus is not and never has been a failure - failure was going into Iraq with the force you had, not the one you wanted, and failing to properly equip it. Budget impasses are the result of assholes like you, well not like you exactly they accomplished something - they got elected to the H. of Rep. Of course like you they don't have a brain, they are stuck doing what they've been told to think and follow the direction of dirt bags like Grove Limbaugh, or is it Rush Norquist.

Obama took over a stable Iraq, AQ and the islamists were contained. That's what those men died to bring about.

Then Obama switched sides

Iraq was stable? You're insane.
 
Obama. He's a Deity. Never did anything wrong. It's always somebody else fault. Surely a more perfect man never walked the Earth.

Freddo, you're turning into a characture of yourself.

Obama has made mistakes, stumbled on issues and too often been reactive when being proactive was necessary. But assholes like you have hated him since he received the nomination, and assholes like you have never given him credit for a thing.

Of course that's to be expected from partisan assholes, like you; the character flawed self righteous assholes, like you, who lie, spread half-truths and rumors as facts and attack President Obama on every issue; all the while excusing G. W. Bush & Co. for egregious incompetence costing the lives of 3,000 on 9/11/01 (Cole was attack a few months before the horror on that day, any competent person/administration would have been focused on protection American soil).

The deaths of over 4,500 American service personal are on the hands of Bush & Co. and what have we gained for invading and occupying a Muslim Country - ISIS, more deaths and more threats to attack Americans.

Yeah, you're piece of human excrement, that's for sure, and as is typical of your kind, facts have no bearing on your prejudices and never temper your mendacity.

Freddo I despise the entire Bush Clan, a more traitorous group never existed.

Let's stick with your pathetic op where you pretend Obama is not actually potus. Who was it that proposed the Failed Stimulus? Was that Cheney or Obama? Who has not passed a single budget during his entire Presidency?

7,500 killed in my example alone and you focus on lies. The stimulus is not and never has been a failure - failure was going into Iraq with the force you had, not the one you wanted, and failing to properly equip it. Budget impasses are the result of assholes like you, well not like you exactly they accomplished something - they got elected to the H. of Rep. Of course like you they don't have a brain, they are stuck doing what they've been told to think and follow the direction of dirt bags like Grove Limbaugh, or is it Rush Norquist.

Obama took over a stable Iraq, AQ and the islamists were contained. That's what those men died to bring about.

Then Obama switched sides

Iraq was stable? You're insane.

Yes Freddo. I'll post the Battle of ramadi again when I can. Find a grown up to read it to you. Before Obama switched sides, Iraq was stable -- at great cost in lives and treasure.
 
The best way to eliminate the National Debt is to tie it directly to the topmost tax rate.

It works like this;

All income in excess of $1,000,000 pa from whatever source is taxed at 95% as long as the National Debt is greater than zero.

If the National Debt is zero that rate does not apply.

Great incentive for the 1% to stop sucking all the money out of the taxpayer trough because they are only going to receive 5 cents on the dollar returns.

And while we are at it we could put another one in place at 99.99% for all earnings over $5 million again tied to the National Debt.

Yes, the Libertarians will screech that the wealthy will run away and take their money with them. But reality tells us that never happens because life is just too good here for them to leave.

Instead they will try to "offshore" their money and the remedy for that is hard time behind bars if they want to live in the USA while evading paying their taxes by moving it offshore.

Redistribution: 100% fail rate. Guaranteed
 
Exactly. I'm not opposed to raising taxes...as long as the cuts come first.

When we do it the other way, the new taxes are enforced, but the proposed cuts evaporate.

Pick a target...if it's 2007 spending levels...that would be fine...when we reach that goal, new taxes kick in that go solely to reducing the debt...not new spending.

The federal reserve could raise interest rates to 28% and freeze them for 2 years. That would eliminate a lot of spending or increase a lot of taxes. Our economy would go to hell but it would only be for 2 more years. We can handle it.
 
Obama has made mistakes, stumbled on issues and too often been reactive when being proactive was necessary. But assholes like you have hated him since he received the nomination, and assholes like you have never given him credit for a thing.

Of course that's to be expected from partisan assholes, like you; the character flawed self righteous assholes, like you, who lie, spread half-truths and rumors as facts and attack President Obama on every issue; all the while excusing G. W. Bush & Co. for egregious incompetence costing the lives of 3,000 on 9/11/01 (Cole was attack a few months before the horror on that day, any competent person/administration would have been focused on protection American soil).

The deaths of over 4,500 American service personal are on the hands of Bush & Co. and what have we gained for invading and occupying a Muslim Country - ISIS, more deaths and more threats to attack Americans.

Yeah, you're piece of human excrement, that's for sure, and as is typical of your kind, facts have no bearing on your prejudices and never temper your mendacity.

Freddo I despise the entire Bush Clan, a more traitorous group never existed.

Let's stick with your pathetic op where you pretend Obama is not actually potus. Who was it that proposed the Failed Stimulus? Was that Cheney or Obama? Who has not passed a single budget during his entire Presidency?

7,500 killed in my example alone and you focus on lies. The stimulus is not and never has been a failure - failure was going into Iraq with the force you had, not the one you wanted, and failing to properly equip it. Budget impasses are the result of assholes like you, well not like you exactly they accomplished something - they got elected to the H. of Rep. Of course like you they don't have a brain, they are stuck doing what they've been told to think and follow the direction of dirt bags like Grove Limbaugh, or is it Rush Norquist.

Obama took over a stable Iraq, AQ and the islamists were contained. That's what those men died to bring about.

Then Obama switched sides

Iraq was stable? You're insane.

Yes Freddo. I'll post the Battle of ramadi again when I can. Find a grown up to read it to you. Before Obama switched sides, Iraq was stable -- at great cost in lives and treasure.

Which battle of Ramadi, there have been several - not a sign of stability unless one is totally reality challenged.

I do suppose you mean the most recent one, the one when the Iraqi Forces ran away leaving implements of war for ISIS. Shit happens when a nation removes the stable, albeit evil government, creating chaos, and when their chosen leader exploits a thousand year long schism in Islam.

I don't know if you're ignorant Frank, a fool who lies or a partisan hack of some alien ideology, but your posts suggest all of he above.
 
Tax cuts work very well for state governments and local governments. That doesn't translate to the federal government. The federal government has a somewhat unlimited ability to borrow money. It's not completely unlimited but the ability to pay our debts is a matter of national security. Nobody cares if Pardow County Nevada pays it's debts or not. This means the banks and bond holders are a self regulating mechanism for state and local governments. Bond holders and banks think that the United States will always pay back its debt forever. This means nobody will stop lending to the United States ever. They know that in the worst case scenario the federal reserve could be abolished or ignored. This would give the federal government the ability to print just enough money to make minimum monthly payments on its debt. As long as they don't pay the debts in full this system can exist for hundreds of years. You may say you are worried about your grand children or your great grand children. I think it is our great great great great great great great great great grand children that we need to be worrying about the most.

Yes. There is disaster ahead but it's still 300 or 400 years away. Trying to get someone to care about a disaster 400 years down the road is next to impossible. That's why there are so many nutjobs trying to convince us that it is going to be much sooner.
 
Exactly. I'm not opposed to raising taxes...as long as the cuts come first.

When we do it the other way, the new taxes are enforced, but the proposed cuts evaporate.

Pick a target...if it's 2007 spending levels...that would be fine...when we reach that goal, new taxes kick in that go solely to reducing the debt...not new spending.

The federal reserve could raise interest rates to 28% and freeze them for 2 years. That would eliminate a lot of spending or increase a lot of taxes. Our economy would go to hell but it would only be for 2 more years. We can handle it.

Why should the Fed raise interest rates to 28%?

That would eliminate a lot of spending or increase a lot of taxes.

Why would it do either of those things?
 
Excellent idea! Let's cut spending back to 2007 levels.
Then we'll look at tax hikes.

They tried that failed Libertarian dogma in Kansas and it is ruining their economy.

Tax increases at the top are essential if you want to keep the economy growing while you cut spending.

North Carolina is experimenting with a flat tax that was passed in 2013. We'll see how that goes in the next few years.
 
Why should the Fed raise interest rates to 28%?

That would eliminate a lot of spending or increase a lot of taxes.

Why would it do either of those things?

60% of federal spending is borrowed. At 28% the borrowing would be severely limited if not eliminated. That means you have to cut 60% of the spending or increase revenue to pay for the spending. It would take easy borrowing out of the equation. That is what happens to households, businesses, state governments and local governments when they spend too much for an extended period of time. The federal government is a different animal altogether. It isn't as self regulating as other entities. It's kind of tricky.
 
Excellent idea! Let's cut spending back to 2007 levels.
Then we'll look at tax hikes.

They tried that failed Libertarian dogma in Kansas and it is ruining their economy.

Tax increases at the top are essential if you want to keep the economy growing while you cut spending.

North Carolina is experimenting with a flat tax that was passed in 2013. We'll see how that goes in the next few years.

If I understand a flat tax, it will simply exacerbate income inequality. Some think this is great, cause the rich are the engine of the economy. We'll see, I come down on the side that our economy is consumer driven and a progressive income tax defends democratic institution, combating the two Citizens United Decisions which supports the power of the plutocrats.
 
Yes, the Libertarians will screech that the wealthy will run away and take their money with them. But reality tells us that never happens because life is just too good here for them to leave.

I hear that threat all the time. Is there any truth to it? Do millionaires and billionaires really shut their businesses down when taxes get too high?
 
If I understand a flat tax, it will simply exacerbate income inequality. Some think this is great, cause the rich are the engine of the economy. We'll see, I come down on the side that our economy is consumer driven and a progressive income tax defends democratic institution, combating the two Citizens United Decisions which supports the power of the plutocrats.

Our system of government is great. We have states to experiment with various theories. If it fails then it doesn't destroy the entire country. If it works then we know it works. This eliminates the necessity to rely on speculation or political rhetoric. If it works in North Carolina then other states will be doing it too. From personal experience I can tell you that it is sucking pretty bad for us poor folks in North Carolina.
 
Freddo I despise the entire Bush Clan, a more traitorous group never existed.

Let's stick with your pathetic op where you pretend Obama is not actually potus. Who was it that proposed the Failed Stimulus? Was that Cheney or Obama? Who has not passed a single budget during his entire Presidency?

7,500 killed in my example alone and you focus on lies. The stimulus is not and never has been a failure - failure was going into Iraq with the force you had, not the one you wanted, and failing to properly equip it. Budget impasses are the result of assholes like you, well not like you exactly they accomplished something - they got elected to the H. of Rep. Of course like you they don't have a brain, they are stuck doing what they've been told to think and follow the direction of dirt bags like Grove Limbaugh, or is it Rush Norquist.

Obama took over a stable Iraq, AQ and the islamists were contained. That's what those men died to bring about.

Then Obama switched sides

Iraq was stable? You're insane.

Yes Freddo. I'll post the Battle of ramadi again when I can. Find a grown up to read it to you. Before Obama switched sides, Iraq was stable -- at great cost in lives and treasure.

Which battle of Ramadi, there have been several - not a sign of stability unless one is totally reality challenged.

I do suppose you mean the most recent one, the one when the Iraqi Forces ran away leaving implements of war for ISIS. Shit happens when a nation removes the stable, albeit evil government, creating chaos, and when their chosen leader exploits a thousand year long schism in Islam.

I don't know if you're ignorant Frank, a fool who lies or a partisan hack of some alien ideology, but your posts suggest all of he above.

I've posted this at least 6 times

"Raider" Brigade takes over Ramadi[edit]
In January 2007, the 1st Brigade Combat Team, 3rd Infantry Division, on its third tour to Iraq, arrived in Ramadi and assumed responsibility from Macfarland's brigade on February 18 at a transfer ceremony at Camp Ramadi. During the ceremony, which was attended by Sheikh Sattar, MacFarland said that his brigade had lost 86 soldiers, sailors and Marines during the 8 month campaign (though the Brigade had spent a total of nearly 17 months in Iraq).[43][44]

In January 2007, Ramadi averaged approximately 35 enemy attacks on US forces per day. Following heavy fighting over an 8-week campaign, which was led by a Task Force commanded by 1st Brigade, 3rd ID, also known as Task Force Raider, attacks in the brigade's area of operations dropped to one or two per day within the city of Ramadi. In the early months of 2007, 3-69 Armor Battalion, in conjunction with two Marine Battalions, along with TF PathFinder was largely responsible for securing Southern and Central Ramadi. By August 2007, Ramadi had gone 80 consecutive days without a single attack on US forces and the 1st BDE, 3rd ID commander commander, Colonel John Charlton, stated, "...al-Qaida is defeated in Al Anbar". However, despite 1-3 ID's effectiveness, insurgents continued to launch attacks on Ramadi and the surrounding areas in the weeks and months to follow. On June 30, 2007, a group of between 50 and 60 insurgents attempting to infiltrate Ramadi were intercepted and destroyed, following a tip from Iraqi Police officers. The insurgents were intercepted by elements of the 1st Battalion, 77th Armor on 30 June 2007 and on 1 July 2007 they were destroyed by elements of Bravo company, 2nd Squad, 1st platoon, 1-18 Infantry Regiment. 1-18 operated out of the Ta'Meem district of Ramadi's western sector. North of Ramadi, elements of 3-69 Armor, whose headquarters had been moved north of Ramadi, engaged elements of al-Qaeda in Iraq who had taken refuge in rural areas north of the city. After several counter-insurgency operations, 3-69 AR Battalion effectively removed Al Qaeda in Iraq from the greater Anbar province. By March 2008, Ramadi, Iraq had become a vastly safer city than it had been only a year before and the number of enemy attacks in the city had fallen drastically. Years later, by mid 2012, Ramadi remained far safer than it had been since 2003.[45][46][47]

Iraqi Police Development Played a Key Role in Tribal Engagement Strategy[edit]
One major shortcoming in the efforts to wrest control of Ramadi from the insurgency was the failure of the Iraqi Police to effectively combat the insurgency. As part of the Tribal Engagement Strategy, Ready First developed and implemented a plan to quickly recruit, train, and employ Iraqi Policemen on the streets of Ramadi. COL MacFarland, and LTC James Lechner, Deputy Brigade Commander, successfully developed an Iraqi Police recruiting, training, and employment plan that was implemented by HHC, 2-152 Infantry (Mech), an Army National Guard unit that lived in Iraqi Police Stations and Combat Outposts conducting daily patrols and clearing operations with their counterparts. HHC, 2-152 Infantry, also known in Ramadi as "the 152nd", or the Police Transition Team (PTT) Company would provide the Iraqi Police in Ramadi with the leadership and oversight that proved crucial in re-establishing a police presence in Ramadi to ensure insurgent forces did not return to neighborhoods that had been secured. Consequently, the success of the Iraqi Police program in Ramadi convinced the Ramadi populace that their government could effectively provide for their security needs, a critical element of defeating the insurgency. The 152nd PTT Company's Iraqi Police efforts began in October 2006 and would continue through the departure of Ready First and into the tenure of 1st Brigade, 3rd Infantry Division until the 152nd departed in October 2007. The 152nd was responsible for recruiting, training, and conducting patrols with hundreds of Iraqi Police, and opened several new Iraqi Police stations in the city of Ramadi."

Battle of Ramadi 2006 - Wikipedia the free encyclopedia

"After several counter-insurgency operations, 3-69 AR Battalion effectively removed Al Qaeda in Iraq from the greater Anbar province." Until Obama switched sides and threw in with ISIS, Al Qaeda, Muslim Brotherhood and the Jihadists
 
The debt is a problem, but as posted by vasuderatorrent it is not and does not portend any immediate crisis. The hysteria around the size of the debt is simply a talking point, & one more fear based effort to garner votes and fix blame, blame which has many fathers on both sides of the aisle.
 
Republican Congress cut spending with the Brutal Sequester that Obama was against

After they ran up the bulk of our debt. The Republican Party has no credibility to claim they are a fiscally responsible party.

Agree times 1 trillion. My God! I am a republican but sometimes I wonder why republicans lie so much about this matter.
 
Why should the Fed raise interest rates to 28%?

That would eliminate a lot of spending or increase a lot of taxes.

Why would it do either of those things?

60% of federal spending is borrowed. At 28% the borrowing would be severely limited if not eliminated. That means you have to cut 60% of the spending or increase revenue to pay for the spending. It would take easy borrowing out of the equation. That is what happens to households, businesses, state governments and local governments when they spend too much for an extended period of time. The federal government is a different animal altogether. It isn't as self regulating as other entities. It's kind of tricky.

At 28% the borrowing would be severely limited if not eliminated.

When have higher rates ever limited government spending?
Incredibly stupid idea. Causing a massive recession would crash
tax receipts and increase spending.
Stupid, stupid, stupid.
 

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