The National Debt

Discussion in 'Politics' started by LilOlLady, Jan 16, 2012.

  1. LilOlLady
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    LilOlLady Gold Member

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    The National Debt
    With a "Noble" Solution

    Richard E. Noble

    In the two hundred years B.R. (before Ronald Reagan) the entire accumulated debt of all of our previous presidents amounted to 909.1 Billion dollars. So B.R., our countryÕs National Debt had not yet reached one trillion dollars - that stack of dollar bills had not yet reached the moon. Now, remember, that figure included all the debt accumulated from George Washington through Jimmy Carter. That 909.1 Billion dollars included all the monies borrowed for the American Revolution, the Civil War, World War I, World War II, Korea and Vietnam.

    By the time that Ronald Reagan left office in 1988 the National Debt was 2,601.3 Billion or 2.6 Trillion. In just eight years Ronald Reagan had more than doubled what all the previous presidents from Washington through Carter had accumulated in the prior 200 years.
    The National Debt with a Noble Solution



    Never before have so few with so much promised to take away so much from so many and then laugh their asses off as the so many with so little vote for the so few with so much."
    A James Pence Quote
     
    Last edited: Jan 16, 2012
  2. drippinhun
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    drippinhun Rookie

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    Reaganomics, the country living on a credit card, was the beginning of turning our nation over to the national and world financiers.
     
  3. Luddly Neddite
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    Luddly Neddite Diamond Member

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    The Current ReaganBush Debt is:
    $14,317,998,346,412.80
    which means that in a total of 20 years,
    these three presidents have led to the creation of
    93.87%
    of the entire national debt
    in only 8.4746% of the 236 years of the existence of the United States of America.

    ReaganBushDebt.org

    And yet, there are some who want to continue with this policy of fiscal "irresponsibility" by voting for Republicans. When will they learn that we simply cannot afford the caste society the plutocratic GObP/Repubs are building ?

    Why in the world would anyone vote for a tax and spend Republican?
     
  4. 007
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    007 Charter Member Supporting Member

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    For the IDIOTS here that just don't get it...

    [ame=http://www.youtube.com/watch?v=P5yxFtTwDcc&feature=player_embedded]The National Debt Road Trip - YouTube[/ame]
     
  5. GoneBezerk
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    GoneBezerk BANNED

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    Obamination is spending TRILLIONS, not billions.
     
  6. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    This country is going to continue to borrow money from China until China won't lend us anymore. Then we are going to go belly up.
     
  7. drippinhun
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    drippinhun Rookie

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    It's because the revenue/expenditures are out of sync and have been since we went with the Bush tax cuts and then operated wars without additional taxes. There is a simple solution, but not going to go down well with unpatriotic children who don't wish to pay their way.
     
  8. GoneBezerk
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    GoneBezerk BANNED

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    Uh, the wars in the middle east are about 3.5% of our GDP, pretty much nothing compared to 35% during WWII.

    The majority of our debt comes from left-wing social spending on social security, green energy scams, etc.

    Reagan was actually growing the economy when he spent money whereas Obamination is ruining the economy just like bucktooth Carter.

     
  9. DiamondDave
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    DiamondDave Army Vet

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    Debunked already... NUMEROUS Times

    repeatedly posting the same bullshit winger link, over and over and over again, does not make it truth
     

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