This Ain't No Damn Ford Truck We're Financing

Discussion in 'Politics' started by Cammmpbell, Nov 25, 2011.

  1. Cammmpbell
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    Cammmpbell Senior Member

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    When Obama assumed the white house he inheirited an annual interest payment on the Reagan Bushes debt of about $450 billion a year. For three years that amounts to nearly a trillion and a half dollars so just politely subtract that from Obama's total debt and give it to Reagan and the Bushes.

    You didn't think those foreign banks were loaning us that money interest free did you.
     
  2. Si modo
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    Si modo Diamond Member

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    It's all Booooooooooosh!
     
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  3. Mr. H.
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    Mr. H. Diamond Member

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    That's like financing 800,000,000 Lamborghini's.
     
  4. Warrior102
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    Warrior102 Gold Member

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    Obama didn't "inherit" shit, jackass. He knew what was on the table. He campaigned for the job. He wanted what Bush had. He got it. What's he done? Jack shit and vacation.
     
  5. The T
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    The T George S. Patton Party Supporting Member

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    So tell us Einstein? Why has Obama doubled down on it?:eusa_whistle:
     
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  6. Cammmpbell
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    Cammmpbell Senior Member

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    That has to be the most unresponsive response I've seen since I first joined a forum on the Internet in 1994. Be proud of it...at least you're good at something.
     
  7. Leweman
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    Leweman Gold Member

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    This is the most unresponsive response to a response since responses were responded.
     
  8. Seawytch
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    Seawytch Information isnt Advocacy

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    Nope...it's Reagan too. You know, the guy that deficit spent us into massive debt during the "Cold War" race?

    Remember Dick, deficits don't matter, Cheney?

    Did Obama inherit all that deficit spending or didn't he? How deeply were we in the hole when Obama took office?

    Let's also remember that much of the debt that was added under President Obama was actually putting the cost of the fucking wars on the books and not just the interest on the drunken spending of the Presidents that came before him.

    Nobody, and I mean NOBODY is arguing that our government doesn't have a spending problem. It's nothing new. It's where the cuts are to take place that ideological differences occur.

    Liberals don't think that the current economic downturn should be paid for on the backs of people who did nothing wrong...who paid into their SS and Medicare their whole lives while they worked. These people should NOT have to pay for the malfeasance of the people on Wall Street who caused this collapse and have profited on it.
     
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  9. Katzndogz
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    Katzndogz Diamond Member

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    If obama had told the voters that he intended to run up a 13 trillion dollar debt instead of paying down the Bush debt would he have been elected?

    Your company is in debt. Would you really hire a financial advisor that promised to triple your debt? If you were flim flammed into hiring that advisor would you really let them blame the increased debt on their predecessor?
     
  10. Si modo
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    Si modo Diamond Member

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    Obama is incompetent, then.

    Seriously, three years at the job and he is still blaming his predecessor(s)?

    That's beyond lame.

    He has no record so he blames. Those who aren't blinded by adoration aren't convinced. Otherwise, love is blind.
     
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