"The scary actual U.S. government debt" - Comments Please

Discussion in 'Economics' started by ProfLogic, Nov 8, 2010.

Is the United States bankrupt?

  1. Yes & we will forever lose of position on the top of the heap.

    11 vote(s)
    55.0%
  2. Yes but we will solve the probem over the coming 20 years.

    1 vote(s)
    5.0%
  3. Yes and it will take centuries to recover.

    3 vote(s)
    15.0%
  4. no

    5 vote(s)
    25.0%
  1. Stimulus is not debt. Stimulus cannot increase debt:

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    Typical ET statement. No idea what one is talking about.
     
    #11     Nov 8, 2010
  2. From the article-:

    On October 5, Obama was addressing Fortune magazine’s “Most Powerful Women” summit in Washington, DC. During the middle of Obama's speech, the presidential seal fell off the podium. Publicly, Obama took the incident as a joke, but WMR has learned from White House insiders that Obama went on a tirade after the incident, accusing White House staffers of purposely not anchoring the seal to the podium. The White House supplies all the podiums and seals at all presidential addresses and the seal is usually well-anchored with four screws affixed to the podium. Obama reportedly "freaked out" and accused White House staffers of engaging in a conspiracy against him. The presidential tirade over such a trivial matter was not lost on senior administration officials who have witnessed Obama's lackadaisical behavior during the consideration of much weightier issues, for example, the war in Afghanistan.
     
    #12     Nov 8, 2010
  3. Yes, he has all of the measured gravity of a news anchor reading the evening news.
     
    #13     Nov 8, 2010
  4. mahadiga

    mahadiga

    Fed options afaik,

    1. Hyperinflation
    2. Higher taxes
    3. Sell state owned assets
    4. Default
    5. Lies & damned lies.
     
    #14     Nov 8, 2010
  5. Go ahead and explain it to us. Do not hide as usual...
     
    #15     Nov 8, 2010
  6. pspr

    pspr

    Smells like debt, walks like debt and squawks like debt. I'm pretty sure the net result is debt.
     
    #16     Nov 8, 2010
  7. LEAPup

    LEAPup

    Amazing! Here's my take on the REAL odumba behind the scenes:
    The Economy, "oh whatever." The wars in the sandbox, and afghan, "aight." The dollar going the way of the do do bird, "it a be aight." The seal of the king himself falling off the podium, "I gonna kill you beeeotches fo dis one!!!"

    This is what we get for allowing people who are too stupid to vote, to vote...:(
     
    #17     Nov 8, 2010