Christine O'Donnell criticized by former aides

[Liability]

Still not justifying that silly 80% claim I see. Can't blame ya.

You need to learn to read. I do blame you.

Let's review, shall we?

now, for a basic math review: If 80 cents of every dollar in tax revenues goes to debt service, that means that 80% of tax revenues go to debt service.

I figured that was obvious, but apparently not.




Of course...that's why they are special-issue notes. How do you think the Republicans plan to reign in SS and Medicare if not by reneging on those special notes?



I've never made any claims about my vocation. You can continue to lie, and I'll continue to point out that you lie.




I've never made any claims about my vocation. In light of your continued claims to the contrary, you might want to offer something resembling proof.

Now, as for the content: Why do you feel that the unfunded liabilities of SS and Medicare can not be canceled?

And where did you arrive at the 80% figure?

I didn't say they cannot be canceled. Indeed, the time may come when they have to be "reorganized." I merely questioned YOUR suggestion that they can be. If done at all (and perhaps dangerously and unwisely) it is not something that would ever be so simple.

it is not dangerous. George W Bush and others recommended it several times. It won't impact our credit rating. And it is as simple as an act of congress.

Let's recap:

You have managed -- no doubt through years of rigorous study in the field of economics -- to figure out that 80% of tax revenues going to debt service is equal to 80 cents of every dollar in tax revenues going to debt service. I applaud you!

And, I am bookmarking your post for future reference, we now have you pinned down to the proposition that reneging on the commitments associated with Social Security and Medicare is ok.

 

[8537]

Let's recap:

You have managed -- no doubt through years of rigorous study in the field of economics -- to figure out that 80% of tax revenues going to debt service is equal to 80 cents of every dollar in tax revenues going to debt service. I applaud you!

Which is, of course, more than you could do. You managed to claim that 80 cents of every dollar would go to debt service BUT I'm the one that needs to learn to read for pointing out that 80 cents of every dollar = 80%.

And, I am bookmarking your post for future reference, we now have you pinned down to the proposition that reneging on the commitments associated with Social Security and Medicare is ok.

It's "OK?" What do you mean by "OK"? I've only said it's an option, and it's an option that will not create the consequences related with defaulting on sovereign debt, and that it's a simple legislative process.

What do you suppose will happen to those securities if we end SS and Medicare? Do you think they'll get paid by the issuer?

There are myriad other ways to solve the concern. That's just one the Republicans and some Dems have suggested. I don't remember you ripping Bush for suggesting as much, but you probably weren't smart enough to realize he was suggesting it.

 

[Liability]

Let's recap:

You have managed -- no doubt through years of rigorous study in the field of economics -- to figure out that 80% of tax revenues going to debt service is equal to 80 cents of every dollar in tax revenues going to debt service. I applaud you!

Which is, of course, more than you could do. You managed to claim that 80 cents of every dollar would go to debt service BUT I'm the one that needs to learn to read for pointing out that 80 cents of every dollar = 80%.* * * *

Wrong, you very petty silly little boi.

I just corrected your effort to quote me. A minor difference, but one that would be missed by a vainglorious dull-minded ignorant little gnome such as you.

 

[8537]

Let's recap:

You have managed -- no doubt through years of rigorous study in the field of economics -- to figure out that 80% of tax revenues going to debt service is equal to 80 cents of every dollar in tax revenues going to debt service. I applaud you!

Which is, of course, more than you could do. You managed to claim that 80 cents of every dollar would go to debt service BUT I'm the one that needs to learn to read for pointing out that 80 cents of every dollar = 80%.* * * *

Wrong, you very petty silly little boi.

I just corrected your effort to quote me.

I can't be held accountable for your errors. You made two contradictory claims.

 

[Samson]

Yeah, people aren't even paying attention to ObamaCare, unemployment and the annual Trillion deficits

Nothing to see here. Move along.

Um...they aren't paying attention to it because there's no Democratic Candidate Waving a sign that says, "I VOTED FOR OBAMACARE, PLEASE LOVE ME!!"

 

[Liability]

Which is, of course, more than you could do. You managed to claim that 80 cents of every dollar would go to debt service BUT I'm the one that needs to learn to read for pointing out that 80 cents of every dollar = 80%.* * * *

Wrong, you very petty silly little boi.

I just corrected your effort to quote me.

I can't be held accountable for your errors. You made two contradictory claims.

No. As you knew when you just said that, I had done no such thing.

If you find (again) that you need to lie to make your pointless, you'd be better advised to simply not post, child.

 

[8537]

Wrong, you very petty silly little boi.

I just corrected your effort to quote me.

I can't be held accountable for your errors. You made two contradictory claims.

No. As you knew when you just said that, I had done no such thing.

If you find (again) that you need to lie to make your pointless, you'd be better advised to simply not post, child.

you claimed that 80 cents per dollar was the amount, then claimed I couldn't read when I pointed out that 80 percent = 80 cents on the dollar.

I'm old enough to be your dad.

 

[Liability]

I can't be held accountable for your errors. You made two contradictory claims.

No. As you knew when you just said that, I had done no such thing.

If you find (again) that you need to lie to make your pointless, you'd be better advised to simply not post, child.

you claimed that 80 cents per dollar was the amount, then claimed I couldn't read when I pointed out that 80 percent = 80 cents on the dollar.

I'm old enough to be your dad.

No child. I said what I said and you said it differently. I merely corrected you.

And, I am doubtful of your claim. I suspect (based on your juvenile disposition and general lack of maturity) that I am old enough to be your father, child.

 

[8537]

I suspect (based on your juvenile disposition and general lack of maturity) that I am old enough to be your father, child.

no, Liability. I know with certainty that I am old enough to be your father. No suspicion required.

But hey, you keep that cheery and delightful demeanor! You're a peach.

 

[Liability]

I suspect (based on your juvenile disposition and general lack of maturity) that I am old enough to be your father, child.

no, Liability. I know with certainty that I am old enough to be your father. No suspicion required.

But hey, you keep that cheery and delightful demeanor! You're a peach.

Like so many of your imbecile liberoidals, you claim to "know" what you can honestly only claim to "suspect" or "believe."

You might be older than I am. But I doubt it.

It's not your immaturity that gives you away. It's your juvenile attitude. There's a difference, you know.

You are not a peach. But you are a by-product -- after digestion!

Keep your own sunny demeanor, and keep your "advice" to yourself. It's worth a lot more that way! It's not worth anything, otherwise!

 

[8537]

Like so many of your imbecile liberoidals, you claim to "know" what you can honestly only claim to "suspect" or "believe."

No, I can know this with certainty. Don't kid yourself.

 

[Liability]

Like so many of your imbecile liberoidals, you claim to "know" what you can honestly only claim to "suspect" or "believe."

No, I can know this with certainty. Don't kid yourself.

No. You don't. You suspect. Coincidentally, it is even possible that you could be right. But you are kidding yourself, child.

You absolutely do not "know" it.

That kind of arrogance is typical of you liberoidals, though.

 

[boedicca]

Given Doggie The Bubble Mod's obsession with Palin, Bachman, and now O'Donnell, it's pretty safe to assume that he has Mommy Issues.

Just sayin'.

 

[8537]

No. You don't. You suspect. Coincidentally, it is even possible that you could be right. But you are kidding yourself, child.

You absolutely do not "know" it.

That kind of arrogance is typical of you liberoidals, though.

once again, you are wrong. I know it. With certainty.

You suspect I don't. But you are, once again, wrong. Don't kid yourself. The interwebs aren't some information vortex.

 

[Liability]

No. You don't. You suspect. Coincidentally, it is even possible that you could be right. But you are kidding yourself, child.

You absolutely do not "know" it.

That kind of arrogance is typical of you liberoidals, though.

once again, you are wrong. I know it. With certainty.

You suspect I don't. But you are, once again, wrong. Don't kid yourself. The interwebs aren't some information vortex.

You know exactly jack and shit.

You think. You believe. But no. You don't know.

Your skull is the vortex.

 

[8537]

No. You don't. You suspect. Coincidentally, it is even possible that you could be right. But you are kidding yourself, child.

You absolutely do not "know" it.

That kind of arrogance is typical of you liberoidals, though.

once again, you are wrong. I know it. With certainty.

You suspect I don't. But you are, once again, wrong. Don't kid yourself. The interwebs aren't some information vortex.

You know exactly jack and shit.

Alrighty then. k thx bye.

 

[Liability]

once again, you are wrong. I know it. With certainty.

You suspect I don't. But you are, once again, wrong. Don't kid yourself. The interwebs aren't some information vortex.

You know exactly jack and shit.

Alrighty then. k thx bye.

Indeed.

Now, then, back to the actual business at hand:

Our True National Debt, Including Fannie Mae And Freddie Mac, Is Beyond The Tipping Point | Markets | Minyanville.com

 

[8537]

You know exactly jack and shit.

Alrighty then. k thx bye.

Indeed.

Now, then, back to the actual business at hand:

Our True National Debt, Including Fannie Mae And Freddie Mac, Is Beyond The Tipping Point | Markets | Minyanville.com

So now you've gone from claiming it's upwards of 70T to claiming it's 18T because we should include current GSE debt?

That's progress. At least that link doesn't attempt to mix sovereign debt with trust fund debts.

 

[Liability]

Alrighty then. k thx bye.

Indeed.

Now, then, back to the actual business at hand:

Our True National Debt, Including Fannie Mae And Freddie Mac, Is Beyond The Tipping Point | Markets | Minyanville.com

So now you've gone from claiming it's upwards of 70T to claiming it's 18T because we should include current GSE debt?

That's progress. At least that link doesn't attempt to mix sovereign debt with trust fund debts.

Poor reading skills you have. Very poor.

No stupid.

I merely posted the link to THAT piece because even considering JUST the "debt" which the government fraudulently bothers to report, our economy is still (clearly) seriously fucked.

Your artificial contrivance of pretending that the one debt is real and worth considering but that the other debt is unworthy of consideration underscores why you economists are such a fucked-up lot.

 

[Toro]

Genius suggestion. Yes. Just "cancel" the obligations and commitments.

They are massive, no doubt. And they will severely damage the economy if they aren't changed. That's why they will be canceled or altered in some way. It might take a crisis, but all non-marketable debt of the United States government can be changed with a stroke of a pen. You can do that many ways - change the age of retirement, change the age at which you can receive Medicare, limit payouts to those who can afford it, and so on.

They are a time bomb, but I think that eventually, the political logic will change entitlements. In the meantime, I own gold.