View Full Version : Debt Commission formed!


MikeCurtin
02-18-2010, 10:41 AM
:lmao::lmao::lmao::lmao:

President Obama just signed an executive order to create an 18 member commision made up of 4 members of his choosing, 6 democrat members, and 6 republican members to study and find the solutions to our national debt. Well, I guess there's still some people that believe the government can be the solution. :dunno: I guess we'll debate that while we try and figure out how we're going to pay for all he extra meals, travel expenses, office expenses, and other related costs the commision will incur.

Irony alert!!!! This is a commision created, run, and paid for by the federal government to solve the problem of massive debt created by.......say it with me......the FEDERAL GOVERNMENT!!!!!:rolleyes: Anyone else see the problem here?

FRoberts
02-18-2010, 02:38 PM
Yeah they are good at spending money....

2kdime
02-18-2010, 05:14 PM
Democratic way isnt it?

MikeCurtin
02-18-2010, 05:58 PM
Democratic way isnt it?

Nope....it's the bureaucratic way! G.W. Bush had the same built in "Debt Commission" for his 8 years that Obama's got now. It's called the veto pen, and if either of them wanted to reign in spending, they would have. If the federal government wanted to stop spending, they would. It's just easier for them to keep borrowing and try and delay the inevitable.

FRoberts
02-18-2010, 06:00 PM
Nope....it's the bureaucratic way! G.W. Bush had the same built in "Debt Commission" for his 8 years that Obama's got now. It's called the veto pen, and if either of them wanted to reign in spending, they would have. If the federal government wanted to stop spending, they would. It's just easier for them to keep borrowing and try and delay the inevitable.

:yessir:

Sputnik
02-18-2010, 06:54 PM
Horse and pony show for the viewing public... proudly sponsored by YOU the tax payer whether you like it or not.

MikeCurtin
02-18-2010, 07:21 PM
Horse and pony show for the viewing public... proudly sponsored by YOU the tax payer whether you like it or not.

Yup....:mad:

xanaxez
02-18-2010, 09:08 PM
Horse and pony show for the viewing public... proudly sponsored by YOU the tax payer whether you like it or not.

Exactly...

The Rev
02-18-2010, 10:19 PM
First of all they advertise it like no tomorrow to give the American poeple a false sense of hope. Second of all they will get absolutly Nothing done using your money my money (not technically my money because I don't pay taxes but you get the point.)
Its frustrating how unreceptive these people are for example


6% of all Americans believe the stimulus package was succsesful.
7% of all Americans believe that Elvis Presley is still alive.

Do you think they're listening?

Mrs. Sputnik
02-18-2010, 11:46 PM
Another moronic move by our great government....what a joke

JOHNS6068
02-19-2010, 12:54 AM
Horse and pony show for the viewing public... proudly sponsored by YOU the tax payer whether you like it or not.

:yessir:

MagickalMorphs
02-19-2010, 01:49 AM
He really doesn't know where all that money is going?

Dear Mister Obama,

Hold up a mirror.

Now send me my paycheck for figuring this dilemma out for you.

MikeCurtin
02-19-2010, 11:11 AM
First of all they advertise it like no tomorrow to give the American poeple a false sense of hope. Second of all they will get absolutly Nothing done using your money my money (not technically my money because I don't pay taxes but you get the point.)
Its frustrating how unreceptive these people are for example


6% of all Americans believe the stimulus package was succsesful.
7% of all Americans believe that Elvis Presley is still alive.

Do you think they're listening?
Just a reminder....none of this money is ours. It's all borrowed...we just have to pay it back.

He really doesn't know where all that money is going?

Dear Mister Obama,

Hold up a mirror.

Now send me my paycheck for figuring this dilemma out for you.
:rockon:

The Rev
02-19-2010, 10:27 PM
Just a reminder....none of this money is ours. It's all borrowed...we just have to pay it back.


:rockon:

In theory its China's

Jaymz
02-20-2010, 03:39 AM
In theory its China's

I dont think that is a theory. I'm just glad im not alaskan, that state may get sold to china to pay off some debt.

And well one good thing is we are encouraging China to hand out credit to its people at an alarming rate because that will help its economy grow and move money around. Well there are multiple models around that show at the rate in which china is puking credit onto its people they will be in as bad of shape as we are in about about 25% of the time it took us to get there. SO in turn it will be our time to say 'hmmm china need some help do ya?' Maybe that is the governments big plan.

kaitala
02-20-2010, 12:04 PM
I dont think that is a theory. I'm just glad im not alaskan, that state may get sold to china to pay off some debt.

And well one good thing is we are encouraging China to hand out credit to its people at an alarming rate because that will help its economy grow and move money around. Well there are multiple models around that show at the rate in which china is puking credit onto its people they will be in as bad of shape as we are in about about 25% of the time it took us to get there. SO in turn it will be our time to say 'hmmm china need some help do ya?' Maybe that is the governments big plan.

Government isn't really THAT transparent, is it??? :rolleyes:

...if either of them wanted to reign in spending, they would ...

Interesting "Freudian slip" of homonym there, Mike. Control would be to "rein" in, to be the ultimate in or ruler of would be to "Reign". :)

MikeCurtin
02-20-2010, 01:33 PM
I dont think that is a theory. I'm just glad im not alaskan, that state may get sold to china to pay off some debt.

Without venturing too far down the road of conspiracy theories, it's interesting that over 50% of mortgages in this country are now owned by the federal government. Also, has anyone noticed all the "free space" our government has been setting aside over the past decade?:dunno: Alsaka's not what I'm worried about.


Interesting "Freudian slip" of homonym there, Mike. Control would be to "rein" in, to be the ultimate in or ruler of would be to "Reign". :)

Nice catch, Stephi! :yes:

The Rev
02-20-2010, 01:42 PM
I dont think that is a theory. I'm just glad im not alaskan, that state may get sold to china to pay off some debt.

And well one good thing is we are encouraging China to hand out credit to its people at an alarming rate because that will help its economy grow and move money around. Well there are multiple models around that show at the rate in which china is puking credit onto its people they will be in as bad of shape as we are in about about 25% of the time it took us to get there. SO in turn it will be our time to say 'hmmm china need some help do ya?' Maybe that is the governments big plan.

If the Chinese want to buy it. :lmao: :lmao::lmao:

Tim Mead
02-21-2010, 12:27 PM
Mike, I didn't read the thread but will of course :lmao: make comment..
Abolish the electorial vote, go back to the paper system and give power back to the people it belongs too...Those who can read and write and aren't to lazy to cast a vote..:rebel::yessir:

MikeCurtin
02-21-2010, 05:21 PM
Yeah...go back and read the thread. That really has little to do with the topic at hand. I will say, though, that I have no problem with the electoral college. I think there are pros and cons to both systems, but the reason our founders decided against democracy was that mob rule was sure to take over and the rule of law would suffer.

JenH
02-21-2010, 08:35 PM
Yeah...go back and read the thread. That really has little to do with the topic at hand. I will say, though, that I have no problem with the electoral college. I think there are pros and cons to both systems, but the reason our founders decided against democracy was that mob rule was sure to take over and the rule of law would suffer.

Mob rule and the fact that the government buys votes everytime it hands out money - they are freaken bribes.

It's not rocket science - cut spending,cut back on government jobs and lower taxes. That's right, lower taxes. Everytime taxes have been lowered in history, revenues increase...

MikeCurtin
02-21-2010, 11:39 PM
Mob rule and the fact that the government buys votes everytime it hands out money - they are freaken bribes.

It's not rocket science - cut spending,cut back on government jobs and lower taxes. That's right, lower taxes. Everytime taxes have been lowered in history, revenues increase...

:yessir:

Here's a riddle for y'all! Private sector taxes fund public sector spending. Why is the federal government expanding as the private sector is shrinking? :dunno: Could it be to offset the perceived unemployment rate?