U. S. Mortgage Debt Is Worse Than Federal Deficit!

Discussion in 'Politics' started by mascale, Apr 5, 2011.

  1. mascale
    Offline

    mascale VIP Member

    Joined:
    Feb 22, 2009
    Messages:
    4,035
    Thanks Received:
    210
    Trophy Points:
    85
    Ratings:
    +453
    The Old, Fat, White People--Cavorting About Naked On Other People's Yachts, dumping substance and other treasure into the sea--easily seem able to miss a lot of what real problems are about, in the debt crisis.

    U. S. mortgage debt is $14.0 tril, backed by nothing of any apparent value! The bankers lend money to people who can't even keep up the value of their property! The bankers need to be sent to the corner. "Will Work For Food!" is all about banking thanks to Boehner, Mitchell, Cantor, and Bush II, Terms I and II.

    Total Mortgage Debt Near All Time Highs | Problem Bank List

    The housing debt crisis, and the federal deficit crisis: Are not the fault of Obama-Biden, or Pelosi-Reid.

    The alledged "policy Problem" is smoke and mirrors, and way of out context, in the United States.

    "Crow, James Crow: Shaken, Not Stirred!"
    (The Great Socialist Advanced Nations, mainly did public works and created value. Then there is the United States Ivy League, and what it created: Singularly in The Colonies, themselves!)
     
    • Thank You! Thank You! x 1
  2. skookerasbil
    Offline

    skookerasbil Gold Member

    Joined:
    Aug 6, 2009
    Messages:
    24,234
    Thanks Received:
    2,915
    Trophy Points:
    290
    Location:
    Not the middle of nowhere
    Ratings:
    +6,232



    HOLY MOTHER OF GOD............who gave this asshole a membership???!!!!:slap::blowup:
     
  3. mascale
    Offline

    mascale VIP Member

    Joined:
    Feb 22, 2009
    Messages:
    4,035
    Thanks Received:
    210
    Trophy Points:
    85
    Ratings:
    +453
    Anyone sees why little kids are not allowed to learn about things in schools. Total Net Debt in the United States is closer to $55.0 tril.

    So far, you only know about half of it.

    That would make it a half-assed whole, or something like that.

    "Crow, James Crow: Shaken, Not Stirred"
    (Great Writer's Guild know many non-Negro dialects: To spread around Lands of Many Nations!)
     
  4. Charles_Main
    Offline

    Charles_Main AR15 Owner

    Joined:
    Jun 23, 2008
    Messages:
    16,692
    Thanks Received:
    2,238
    Trophy Points:
    88
    Location:
    Michigan, USA
    Ratings:
    +2,251
    Actually if you count all the entitlements, and all the state and local Debts, and future obligations I believe the number is closer to 110 Trillion dollars.
     
  5. PoliticalChic
    Offline

    PoliticalChic Diamond Member

    Joined:
    Oct 6, 2008
    Messages:
    55,829
    Thanks Received:
    15,668
    Trophy Points:
    2,190
    Location:
    Brooklyn, NY
    Ratings:
    +24,989

    a. National debt $13 trillion
    b. State and Local debt $2.5 trillion
    c. State and Local pensions (underfunded) $3 trillion
    d. Social Security $7.7 trillion*
    e. Medicare $ 38 trillion*
    f. Total US debt $64.2 trillion
    g. Total GDP of entire world $61.0 trillion
    *covers commitments for 75 years

    b., c. The Other National Debt - Kevin D. Williamson - National Review Online

    d., e. The 81% Tax Increase - Forbes.com

    f. The Final Hour: 65 Trillion - U.S. Financial Obligations Exceed The Entire World's GDP

    g. Silver: Declining supply, increasing demand - Precious Metals - Resource Investor
     
  6. mascale
    Offline

    mascale VIP Member

    Joined:
    Feb 22, 2009
    Messages:
    4,035
    Thanks Received:
    210
    Trophy Points:
    85
    Ratings:
    +453
    The U.S. Federal Reserve keeps tabs on the Total Credit Market, and others--not many--do know about it.

    See how Socialist it all really is, following the original Marxist Manifesto agenda. Instead of hoarding commodity money, and distributing it around to armies, artistocrats, artisans, whores, and clergy and to priates and to robbers alike: There is enough credit market money to go around.

    Everything else is a distribution problem.

    Schedule M, in the U. S. federal tax code, began to address with the first-ever, equal-amount COLA on a national basis. Incomes with no federal income tax liability still could a refund.

    The Republicans took that away and so it no longer applies in this tax year, due April 15, or so, of next year.

    "Crow, James Crow: Shaken, Not Stirred!"
    (Great Writer's Guild: Knows a thing-or-two about shovel-ready stimulus spending!)
     
  7. Mr. Shaman
    Offline

    Mr. Shaman Senior Member

    Joined:
    May 4, 2010
    Messages:
    23,892
    Thanks Received:
    817
    Trophy Points:
    48
    Ratings:
    +819
    C'mon!! You've been here, a LONG time!!!!

    :eusa_eh:
     
  8. mascale
    Offline

    mascale VIP Member

    Joined:
    Feb 22, 2009
    Messages:
    4,035
    Thanks Received:
    210
    Trophy Points:
    85
    Ratings:
    +453
    Anyone would guess that the Tea Berserker GOP has learned nothing all from the Japanese, natural events calamities.

    Nuclear Reactors have their place and role virtually certain, in our world of Plenty!

    A certain stasis of furture events is required, to be able to find that ghost numbers yet to happen are real, or that other variables and events won't happen.

    For this reason, Jewish people gave the world and Einstein!

    "Crow, James Crow: Shaken, Not Stirred!"
    (White Eyes Gave the Lands Of Many Nations: Fire Water, even! Entitlements no longer big problem!)
     
  9. Mr. Shaman
    Offline

    Mr. Shaman Senior Member

    Joined:
    May 4, 2010
    Messages:
    23,892
    Thanks Received:
    817
    Trophy Points:
    48
    Ratings:
    +819
    ....And, one o' these days, we'll be able.....​

     
  10. mascale
    Offline

    mascale VIP Member

    Joined:
    Feb 22, 2009
    Messages:
    4,035
    Thanks Received:
    210
    Trophy Points:
    85
    Ratings:
    +453
    Anyone gains the sense of what the Old, Fat, White People--Cavorting About Naked On Other People's Yachts, dumping substance and other treasure into the sea--intended to life in the United States, after all.

    Even Kentucky voted in Rand Paul--apparently one of their own. . .or kind. . .or something!

    "Crow, James Crow: Shaken, Not Stirred!"
    (Writer's Guild now need snappy, new Negro dialect: Really Soon, Faster than too slow, ASAP-word! Senator Robert Byrd could understand this! "Bitter Clingers. . . ." Well!)
     

Share This Page