PACEDOG#1 wrote:by ZVUGKTUBM Today at 8:36 pm
Markle wrote:
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knothead wrote:
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Dot wrote:
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The marketable debt of the U.S. government has more than doubled--climbing by 106 percent--while President Barack Obama has been in office, increasing from $5,749,916,000,000 at the end of January 2009 to $11,825,322,000,000 at the end of January 2014, according to the U.S. Treasury's latest Monthly Statement of the Public Debt
The Federal Reserve is now the largest owner of the U.S. government’s marketable debt. As of Feb. 12, 2014, according to the Fed’s latest balance sheet, the Fed owned $2,261,099,000,000 in U.S. Treasury securities.
http://cnsnews.com/news/article/terence-p-jeffrey/106-obama-has-more-doubled-marketable-us-debt
We have been sold.
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Who PAYS the interest and how much more can they afford? Or do you believe that passing on massive debt and a lower standard living is a grand idea? You know let our children and their children pay for your selfishness.
To ourselves? OMG who knew!
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Who PAYS the interest and how much more can they afford? Or do you believe that passing on massive debt and a lower standard living is a grand idea? You know let our children and their children pay for your selfishness.
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But you are okay with deficit spending, so long as it pays for stuff you favor; such as military interventions, invasions of sovereign countries, and the like. Like, it was real smart to make our grandchildren pay for 13 years of warfare in Iraq and Afghanistan, was it? I wonder if Bush would have carried out his invasion plans for both countries if the wars were going to have to be paid for with current tax dollars?
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Z,
The other side plans on deficit spending regardless to buy votes to stay in power. O has reduced the military only to continue to spend on free handouts and a failed healthcare plan.
Interest paid to whom exactly? What you're saying is that you are thrilled to have money being taken from the working class in the form of tax dollars and being transferred to the very rich who buy large government securities. Silly me, I thought you were opposed to such "transfer of wealth".
As for the invasion of Iraq, do you want me to post the list of DEMOCRATS who supported such action for many, many years? Do you want to post the FACT that congress voted to allow the use of force? Do you want to post the number of sanctions the United Nations placed against Iraq? Are you aware that the last sanction from the UN allowed the use of force?
Now answer the age old question that Progressives everywhere steadfastly refuse to answer. As you well know, the fatal Islamic terrorist attacks on our country stopped after the 9/11 attack and President George Walker Bush started the War on Terror. They began again after President Barack Hussein Obama took office.
The 9/11 terrorist attack cost America at least $2 TRILLION, the lives of 3,000 innocent men, women and children plus the costs worldwide.
Here's the question, you had to have had a number in mind. Else how could you say one 9/11 attack was not enough to fight back so exactly HOW MANY more 9/11 attacks should we have endured before we fought back? One more? Three more? Perhaps simply continue to absorb as many attacks as Islamic Muslims threw our way. Would that work for you?
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