The Debt Ceiling, is it Obama's fault? Bush's fault? Who's fault is it?

Don't ever forget that we the people are the goverment

Onslaught2996
reply to post by xuenchen

 

I have seen you do this a few times, provide a chart without any links.

What are you hiding?

The chart has a link to the White House.

click table 1.1

The figures are in excel format.

The table was produced from the spreadsheets.


White House.gov

reply to post by xuenchen


I agree all roads lead directly to rome. Our goverment is based somewhat on the Roman form of goverment

reply to post by The only 1 who knows the


"We the people are the goverment"

imageshack.us...

VictorVonDoom
reply to post by The only 1 who knows the

 

Dude!

I love the post, but how in the Sam Hill did you manage to get that all typed up so quickly? It would have taken me two hours and a full pot of coffee. It's almost like you had it ready to go just in case the topic came up.

The poster copy pasta'd a site like this:

www.globalresearch.ca...

The article has been posted and reposted throughout the interwebs in various formats...

reply to post by Wrabbit2000


Hello Wrabbit2000, ATS Readers, Writers,

I like your response, violence is not the answer for sure!

There is a lot going on right now that sends huge banks of fog before the masses..

You, (rhetorical you), want a cure or fix? Well, get RID of the federal reserve!

The "charter" runs out later this year...somehow, it needs to be not renewed!

But, I think it will be, mainly due to the vastly corrupted Congress, already bought and paid for by the banksters.

Like you said, it may already be too late to fix things. Of course, I hope it is not.

I do believe it is a agenda being seen through to its ugly ending.

JFK tried to bring this evil entity to its deserved end, and shortly thereafter the man was DEAD.

The fall of empires past have never been a pretty thing, it is perhaps wishful thinking to think it would be different in todays world.

A full fledged RICO prosecution of those involved, complicit, and dismissal of debts, confiscation of wealth of those guilty is in order; but will that ever happen?

I think not, due to way too many in high places of power totally corrupted by the evil "system" entrenched for 100 years.

Good luck America... the apathy and non-involvement of the electorate to "police" its leaders is the cause of todays ills.

Only sociopaths and psychopaths strive to be in positions of power. Most "normal" people have no desire to be lords and dictators over their fellow citizens, thus, the scum floats to the "top".

I truly hope something can be done to reverse the race to collapse, but it needs to be done non-violently if at all possible. History shows us that non-violence is elusive as hens teeth unfortunately.

Pravdaseeker

reply to post by boncho


Thanks. I feel less inadequate now.

Boncho, thanks for the sanity check and the logic and most of all for doing what I no longer have the will to do around here anymore. It seems that people are getting more and more caught up in the partisanship and the more they are the more obfuscated logic and diluted the facts become. Mighty murky waters these days. It's getting more and more tiring to swim.

reply to post by pravdaseeker


"Knowing the truth about the Kennedy Assassination is understanding America today." - Wim Dankbaar

November 22, 1963
Dallas, Texas
In less than
a second,
America died.


www.jfkmurdersolved.com...

The only 1 who knows the




Don't ever forget that we the people are the goverment

edit on 4-10-2013 by The only 1 who knows the because: (no reason given)

edit on 4-10-2013 by The only 1 who knows the because: (no reason given)

Sure we are! We lost that vote a long time ago! Nice sentiment though. I'm afraid there is only one way left for 'we the people' to be our government again. Unfortunately, they have bigger toys!

reply to post by The only 1 who knows the


Hello ATS Readers, Writers,


YES, I also agree that was when the death blow occurred. Things went steadily downhill after his untimely demise.

Funny, in those times, he was considered a "liberal"... LOL

You listen to some of his old speeches and he would be the darling of the conservatives in todays world!

Yep... MIC took over upon his passing.

Pravdaseeker

reply to post by The only 1 who knows the


The way to End Tranny is to stop the problem at the source. " We The People need a Tea Party at the Federal Reserve Banks "

obama



reid



Any questions?

A way to look at the national debt is to think about personal debt. Generally speaking, the greater your income, the greater your ability to handle debt. So, even if your level of debt increases as your income rises, your debt to income ratio can remain the same. This is what we've seen with the US national debt. Currently that ratio is lower than it was in 1995 and much lower that it was in 1948.

Does that mean that it's no big deal? No, of course not. Because as the actual debt level increases, so does the cost of servicing it. But does it mean that the country is heading to ruin? Not necessarily, not as long as the GDP can keep pace. What it does mean is that those who produce that GDP (not the government) are those who are on the hook to pay that debt...obviously.

Look at it positively. Each of us has a really good credit rating thanks to the government spending our money which they don't have.

reply to post by Wrabbit2000


Ok, so explain to me how the debt ceiling prevents accumulating debt in a responsible way.

Phage
A way to look at the national debt is to think about personal debt. Generally speaking, the greater your income, the greater your ability to handle debt. So, even if your level of debt increases as your income rises, your debt to income ratio can remain the same. This is what we've seen with the US national debt. Currently that ratio is lower than it was in 1995 and much lower that it was in 1948.

Does that mean that it's no big deal? No, of course not. Because as the actual debt level increases, so does the cost of servicing it. But does it mean that the country is heading to ruin? Not necessarily, not as long as the GDP can keep pace. What it does mean is that those who produce that GDP (not the government) are those who are on the hook to pay that debt...obviously.

Look at it positively. Each of us has a really good credit rating thanks to the government spending our money which they don't have.

1945 is not really a good example, unless you could predict the debt dropping the same amount in the upcoming years and then levelling off for 30. But instead, the debt has been on an upward trend for 30 years, and things obviously have to change for it to stay within grasp of the GDP.

www.wrsc.org...

I think that I have the answer you are all reaching for. It is all my fault. Apparently, I checked the wrong boxes, during my last couple of trips to the voting booth.

Both parties are on the same side. For their master and against the masses. The Kabuki dance of good cop - bad cop is for the unwashed, radical left and right party lead cheerleaders and mindless robot followers.

The only troubling thing is the brazen gaul of the Democrats to expose the routine of raping the people of their money by doing it so much and so fast. They ignored the memo that said "slow and easy" 15% per year profit slow boil and the people won't notice. Instead they went for the quick kill 400% which exposed the whole scam thats been going on since 1913 and the 16th amendment.

Yep, I tend to agree, I think it all traces back to Reagonomics. Read a great book on it once, it was really the era where Reagan and Thatcher took all the control away from the banks and big business and set off the whole debt revolution.

AlienScience
reply to post by Wrabbit2000

 

Ok, so explain to me how the debt ceiling prevents accumulating debt in a responsible way.

I think you know me well enough from posts around here to know I rarely, if ever, answer a question with a question. So it's not being sarcastic or snarky here....but dead serious.

Please, explain to me this concept of accumulation of debt in a responsible way, as a starting point?

I carry the mindset that debt is irresponsible on it's face, period. We have to make some 'lesser evil' trade offs for it, like families paying a mortgage (to thy own self.....and all that). Still, I don't see debt, itself, as responsible for a deliberate plan and long term solution.

Given that Federal Government budgets show debt, on current and intended trends, hitting 25 trillion dollars by 2022 (I figure sooner, myself.. MUCH sooner at this rate), long term accumulation of debt beyond anything even possible through extreme pain to pay back appears to be the goal. The actual end game here.