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- SeethisPass, on 01/24/2008, -16/+72The Neo-Cons had this wild dream all along of creating an economic crisis "in order to force a smaller government " and then to take that economically destroyed U.S. economy, reduce Americas sovereignty under the plans of the Council on Foreign Relations and then use America's great but dirt poor power to rule the world as the new global government. Then there wouldn't be that pesky old Constitution that kept getting in their way or any need to campaign for those ridiculous "elections"
They did all of the damage their great plan called for but the rest of the plan fell through, as it should have. Great plan neo-cons. Where did you learn to be such geniuses?
Oh wait!
ALL of the presidential candidates who are "electable" are still in cahoots with the Council on Foreign Relations and most of you are voting for them. The plan is still going forward.
Maybe it's the mainstream Americans who are the " geniuses" - BrianCrosbie, on 01/24/2008, -7/+48America is falling just like Rome did. It's a shame.
- dotlizard, on 01/24/2008, -6/+44and with this in mind, a tax rebate is a good idea how?
- JustinHorne, on 01/24/2008, -2/+35I enjoy people who get excited about the tax rebate.
To all of you who think it's a great idea to "inject money back into the economy,:"
Look: The government is in debt. They just are. If they give you money, they're gonna go more in debt. Sooner or later, they'll have to beg themselves OUT of debt. Who does that? The taxpayers. What does that mean? You'll give the money back, sooner or later. Just watch. - inactive, on 01/24/2008, -8/+37America: Destroyed By Design: From government sponsored terrorism to the takeover of our national parks to biometrics -- this tape has the information you need!
http://video.google.com/videoplay?docid=4167926428 ... - MacSuxWindozSux, on 01/24/2008, -2/+23Every major power in history has fallen. Every one thought that they were different, that they were the first in the history of the human race to last forever.
And the largest ones always imploded from within. - ProKid, on 01/24/2008, -1/+20Remember how they taught us "History always repeats itself", well...
- ZenFountain, on 01/24/2008, -1/+19On the first day of my first history course in college the professor boldly said history does not repeat itself, but idiocy does. I liked that professor.
- jdepp, on 01/24/2008, -2/+17The article claims that >80% of the value in American manufacturing is now in Defense spending? Is that true?
- bjornski, on 01/24/2008, -0/+14Ah, the Zimbabwe school of economics.....
- Hedegaard, on 01/24/2008, -1/+14Or they could stop spending all the money on war/nation building as well as cut down on the size of government - that would probably help a lot more...
- darthjure, on 01/24/2008, -4/+17Bush isn't concerned. He's figured it out: we print our own money! [Insert smug Bush grin here.] He'll just have the Treasury print up some more money and everything will be fine.
- chris9902, on 01/24/2008, -4/+16Remember the last time America was poor? we had a world war.
- pimpofpixels, on 01/24/2008, -3/+15Honestly. To compare our social programs which are some of the most lacking among modern democracies to our military spending which is by A FACTOR OF 10 HIGHER than those of ANY other country just demonstrates a totally hypnotized view of things. You'd rather burn this country down rather than admit that maybe... JUST MAYBE... you VOTED IN THE WORST PRESIDENT IN HISTORY!!!.
This isn't just a dem-republicon thing. Hillary voted for the war, all funding bills, the patriot act, and she's talking smack about Iran. It's not just a democrat republican thing, BUT THE NEOCONS ARE AWEFUL.
For god sake man. Could you try to look at things objectively for a second instead of idly defending "you guy" like it's a frigging football game. Honestly. People too stubborn to admit that they made a mistake are going to bury this country. - humanerror, on 04/03/2008, -6/+16And even though we know that, people still won't listen to what Ron Paul (and his rabid followers) have to say. We're rabid for a reason, people! We desperately want to stop this decline while we still can.
- BDOUG, on 01/24/2008, -1/+10And here I though the real Chicken Littles are the fear mongering paranoids who think terrorists can swim across the ocean and hide under their beds.
- pgoetz, on 01/24/2008, -3/+12Except that GDP is meaningless blather. If I borrow $10 from a Chinese businessman and pay you to give me a blowjob, and you in turn pay djdedeo0 $10 to give you a BJ, and he pays CrazyZ, and so on all the way across the country, this single event will add 3 Billion dollars to the GDP. What does it mean, though? Nothing. What matters is stuff like deficit spending and living beyond your means, both of which the American people and the government have been overdoing for years.
- AbsurdParadox, on 01/24/2008, -7/+16This can't be true. I mean, its not even on the news channels or in the newspapers.
- ostracize, on 01/24/2008, -3/+11Yes...Yes you should...
- anthonywr, on 01/24/2008, -19/+27The scary thing is, Ron Paul is what America needs.
- RUFuKinCrazy, on 01/24/2008, -1/+9More government? Are you completely insane? OMG.
- baldgye, on 01/24/2008, -2/+10Chinese*
- nicejai, on 01/24/2008, -1/+9For Canada: http://blogs.usask.ca/the_bolt/archive/2006/12/can ... (page cites sources)
For USA: http://zfacts.com/metaPage/lib/OMB-Historical-Tabl ...
(Look on the line that says "2007" on the second page, under the column that says "Gross Federal Debt" and "As Percentages of GDP"). The U.S.'s debt as percentage of GDP is currently ~66%. - guntario, on 01/24/2008, -2/+10He's definitely not a Paulbot... Apocalyptic spambot, yes. Paulbot, no.
- bjornski, on 01/24/2008, -4/+12Go ahead, and cut the social welfare.
Right after you cut corporate welfare. - buckrogers1965, on 01/24/2008, -0/+7What is so hard to have a balanced budget and pay for everything as we go? You and I are expected to live that way. Why aren't these oh so smart politicians expected to do the same? I am all for a tax cut, but you have to pay for that cut with reducing spending.
- pimpofpixels, on 01/24/2008, -2/+9It's 60% witch is DAMN HIGH, and it's getting worse at an incredible rate.
Our national debt has grown over 3 trillion dollars in the past 7 years up to over 9 trillion. That's over a %33 increase in only 7 years. At this rate we'll be to %100 percent GDP in another 5 years.
No cause for alarm? We're going into debt faster then ever in our history, we're starting wars overseas without cause of threat, and we're going into a recession. Worth repeating I think. Dugg. - thecoolestguy, on 01/24/2008, -2/+9The scary thing is that the general population doesn't *UNDERSTAND* that Ron Paul is what America needs. Not even the political pundits who are supposed to make their living knowing this kinda stuff.
- ZenFountain, on 01/24/2008, -1/+7"Its government no longer even attempts to...(prepare) for a war in outer space against unknown adversaries"
I thought that's why Bush said we were going to Mars! Ah yes, the good old days when going to Mars seemed fun... - buckrogers1965, on 01/24/2008, -1/+7What I love is that the idiots don't realize that next april 15th you have to pay back the temporary tax loan you were given.
- phogasmic, on 01/24/2008, -1/+7WTF, it is starting to look like Reddit over here. Enough with all of this end of the US panic. We are in a mess right now, but we will dig ourselves out. Its not the first time we have been to the edge. Do any of you kids remember Vietnam??
- Jude007, on 01/24/2008, -0/+6Fort Knox is empty.
- edebolt, on 01/24/2008, -18/+24Except that the US external debt is only about 30% of GDP which is comparable to UK, Canada, China and way way lower than Japan's 200%, Singapore's 100%, Germany's 65%, France's 60%. Even if you add internal debt which is another 30% then the US debt is comparable to France or Germany. The thing about internal debt is that its owed from one govt institution to another institution and can be wiped out with a stroke of a pen if necessary. So still highly speculative to forecast bankruptcy without some radical change in the world economy... Recession btw is not radical.
- glacius99, on 01/24/2008, -2/+8Let me guess, I should vote for Ron Paul..
- dsmx, on 01/24/2008, -0/+6It isn't a good idea, all it will do is stave of recession for a week then the fall will be even greater.
- SoulDesigner, on 01/24/2008, -1/+715% of money spent on healing people is better than 4.5% on killing people
- avasol, on 01/24/2008, -5/+11Yeah that would be awesome. Let's have poor hungry and sick people who are uneducated and shot full of hard drugs run lose on the streets while the dollar continues to devalue and your house and your family becomes the target, and if you object to that you must be a die-hard communist because let's face it, it's better to spend 1,8 trillion o war than it is to feed and clothe the poor - which it would do not one single human being excluded, many times over.
The problem is not Bush, it's these selfish inbred idiots that are. Wait, Bush is one too. - WoollyMittens, on 01/24/2008, -1/+6You're allready fighting with the muslim half.
- minorsportsfan, on 01/24/2008, -3/+8Okay, don't love the neocons? Me neither. Their policies have been a disaster, and their ideals are reprehensible. Put me down for tarring and feathering them all and running them off to Venezuela with the rest of their kind. The argument you make here is LUDICROUS, and shows ZERO understanding of how the financial side of the world works. If you want conspiracy theory to explain the current financial crisis, try this: Banks and lenders lent cheap money and kept upping the ante with more complex and bizarre financing schemes to suck in folks with big dreams and not enough jack to get them there. Buy a house that you can't afford, and flip it on rising home prices and make money. Unfortunately that only works in an "UP" market. When California and Florida stopped going up, hundreds of thousands of these junk mortgages go bye-bye. That's not the neo-cons. Maybe a bit of personal and corporate greed, and a lack of good judgment by all. The sad news is that the banks can manipulate the markets in such a way as to drive people right into things like CD's where they make huge money and you get screwed (A 4% CD in a world with 2.5% inflation and tax taken on your earnings leaves you with a gain of near-zero. If a recession occurs and inflation goes up, your CD may actually cost you money, because your $$$ are shrinking). They also forced the Fed into dropping interest rates so low that millions of people will refinance, including many of those with the junk loans looking to get out from under them. The banks will make scads of money doing this. Corporations control the world, boys and girls. Politics has gone from Opera to Vaudeville in this modern age... Get real.
- inactive, on 01/24/2008, -1/+6But if PaulBots don't exist then the establishment shills here can't pretend they have a big mindless juggernaut to fight! (We already beat the turrorists!)
- inactive, on 01/24/2008, -3/+8http://en.wikipedia.org/wiki/Iranian_Oil_Bourse#Ti ...
- williamdyer, on 01/24/2008, -2/+7I'm moving to China. The U.S. is a nice place to have a vacation house, but it's a ***** banana republic.
- bjornski, on 01/24/2008, -2/+7Iraq tried. And we wouldn't allow that. There were no WMD. They switched their bourse to the Euro.
The second Iran switches, we'll invade. We have to. What's last of the economy will crumble if we don't. And without the troops to hold any ground after a "surgical strike", we're basically going to have to go nuclear. We DO NOT have the troops for a war with Iran. - jerrycan, on 01/24/2008, -1/+6Move to Canada and teach us how to BBQ please...Pork ribs, chicken, steaks. Oh my mouth is just watering now. I have to visit the south again....
- avasol, on 01/24/2008, -8/+13But how will this affect the price of cheetos?
- buddamus, on 01/24/2008, -3/+7Maybe if they spent all that money helping Americans to read instead of blowing the world up
- Number23, on 01/24/2008, -0/+4That figure is for the entire US debt burden. The amount edebolt is talking about is that which is held by foreigners. With regard to the debt burden, it less than the EU, less than most industrialized countries and is shrinking. The article as a whole is the run of the mill ignorant, fear mongering one expects to find here.
Right now the defect is about 1.3% of GDP which is to say non existent. - zaptoman, on 01/24/2008, -1/+5Haha! You think the problem is the government doesn't TAX enough? No. Its that it SPENDS too much. A tax rebate doesn't help them out immediately, but it might help them out the following year.
@buckrogers - Tax loan? Like it's their money? Lets straighten that out. ALL tax money is OUR money. The government has no money of its own. It gets it from you and me. Thats why WE (in the form of congress) decide how it gets spent. Congress however, hasn't been doing its job, and it won't until WE start electing people who say no to spending more than we have. - markgl, on 01/24/2008, -0/+4someone hates america. geez.
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