mister TWENTY TRILLION DOLLAR DEBT... "barack hussein obama"

A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator.

Key word is fraudulent

There is nothing fraudulent about Social Security


you dull and ignorant idiot. is it your left-wing notion that anything legal is also right?? or even legal??

are there not legal forms of thievery some corporations practice?
Social Security is nothing close to what it was meant to be. and not that LESS THAN THREE are paying for what OVER THIRTY WORKERS used to pay for it is even more apparrent it is a LEGAL Ponzi scheme

Social Security has supported over a hundred million Americans and is one of the greatest social achievements in our history
And its bankrupt...

Far from bankrupt. With a few adjustments it can easily go another 75 years
Are you stupid??
In a few years there will be more people taking money out than putting in, on top of that. The amount of Each person taking money out is more than each person putting in.
And it's only getting worse.
If they want save SS it is best to have an opt in or opt out choice, no need to saddle people with a crap socialist entitlement program if they don't want it.
 
Starting in 1969 (due to action by the Johnson Administration in 1968) the transactions to the Trust Fund were included in what is known as the "unified budget." This means that every function of the federal government is included in a single budget. This is sometimes described by saying that the Social Security Trust Funds are "on-budget." This budget treatment of the Social Security Trust Fund continued until 1990 when the Trust Funds were again taken "off-budget." This means only that they are shown as a separate account in the federal budget. But whether the Trust Funds are "on-budget" or "off-budget" is primarily a question of accounting practices--it has no effect on the actual operations of the Trust Fund itself.
 
Key word is fraudulent

There is nothing fraudulent about Social Security


you dull and ignorant idiot. is it your left-wing notion that anything legal is also right?? or even legal??

are there not legal forms of thievery some corporations practice?
Social Security is nothing close to what it was meant to be. and not that LESS THAN THREE are paying for what OVER THIRTY WORKERS used to pay for it is even more apparrent it is a LEGAL Ponzi scheme

Social Security has supported over a hundred million Americans and is one of the greatest social achievements in our history
And its bankrupt...

Far from bankrupt. With a few adjustments it can easily go another 75 years
Are you stupid??
In a few years there will be more people taking money out than putting in, on top of that. The amount of Each person taking money out is more than each person putting in.
And it's only getting worse.
If they want save SS it is best to have an opt in or opt out choice, no need to saddle people with a crap socialist entitlement program if they don't want it.

Far from it

What the numbers show is that we need to raise the retirement age from 67 to 70. Reagan did it thirty years ago, we need to do it again. We also need to raise the threshold where you get to stop paying into Social Security

Do that and it is solvent

Opt out is not an option. We still need a large workforce to pay those receiving benefits
 
Starting in 1969 (due to action by the Johnson Administration in 1968) the transactions to the Trust Fund were included in what is known as the "unified budget." This means that every function of the federal government is included in a single budget. This is sometimes described by saying that the Social Security Trust Funds are "on-budget." This budget treatment of the Social Security Trust Fund continued until 1990 when the Trust Funds were again taken "off-budget." This means only that they are shown as a separate account in the federal budget. But whether the Trust Funds are "on-budget" or "off-budget" is primarily a question of accounting practices--it has no effect on the actual operations of the Trust Fund itself.


good one loon; actual money doesnt matter as long as you use accounting to make it look like it's there, or WILL BE THERE in the future
 
So, where did Obama's $8 trillion go?

- Paid for two unnecessary wars
- Paid for extensive tax cuts to the wealthy
- Was the result of an economic collapse that led to smaller tax revenues
- Was used to pay interest on existing debt
- Was used to stimulate a crashed economy and provide jobs

Which of these should Obama not have done?
 
obozo could have cut spending if he did not like what his predecessors did, but did he? duh, no.
link hack boi AKA Redfish ?

45HOxf5.jpg
Yes, the rate of growth in govt spending has been reduced under obama. But deficit and debt are two different things. the debt was 10T when obama took office, it will be 20T when he leaves. Chart that for us, dingleberry.
r u claiming he could've cut spending to 0% shit for brains? He cut spending down to the bare minimum (1.5%)

Stop wasting my time w/ your made-up rw fantasies. IOW's post a link every now and then if you want to be taken seriously (Its a little too late for that in your case hack boi)


your juvenile insults just confirm your ignorance. When you have nothing to offer, hurl insults. We understand how you libs operate.

The bottom line regarding obama and the national debt is that it will have roughly doubled during his terms. no lib talking points or foollish insults can change that fact.
 
Have a link for that?

Hard to do when you haven't doubled the debt


going from, 10 to 20 is not doubling? is that the new math?

11 to 18 is not doubling


it was 10.6 when he took office, it will be over 20 when he leaves, its 18.5 today. To not call that doubling is splitting hairs.

Actually, it is not doubled

It will be 19 when he leaves office and was 11 and growing when he took office. The 2009 budget was passed by Bush in Oct 2008 and was the responsiblity of Bush
Well Redfish.....errr..... rw hack boi?

:popcorn:


Well what? dipshit. you and RW are liars and obama ass kissers. Do you want me to acknowledge that?
 
obozo could have cut spending if he did not like what his predecessors did, but did he? duh, no.
link hack boi AKA Redfish ?

45HOxf5.jpg
Yes, the rate of growth in govt spending has been reduced under obama. But deficit and debt are two different things. the debt was 10T when obama took office, it will be 20T when he leaves. Chart that for us, dingleberry.
r u claiming he could've cut spending to 0% shit for brains? He cut spending down to the bare minimum (1.5%)

Stop wasting my time w/ your made-up rw fantasies. IOW's post a link every now and then if you want to be taken seriously (Its a little too late for that in your case hack boi)


your juvenile insults just confirm your ignorance. When you have nothing to offer, hurl insults. We understand how you libs operate.

The bottom line regarding obama and the national debt is that it will have roughly doubled during his terms. no lib talking points or foollish insults can change that fact.

What do you think Obama should not have spent money on?

Tax cuts
Two wars
Paying interest on our debt

There was very little new spending
 
going from, 10 to 20 is not doubling? is that the new math?

11 to 18 is not doubling


it was 10.6 when he took office, it will be over 20 when he leaves, its 18.5 today. To not call that doubling is splitting hairs.

Actually, it is not doubled

It will be 19 when he leaves office and was 11 and growing when he took office. The 2009 budget was passed by Bush in Oct 2008 and was the responsiblity of Bush
Well Redfish.....errr..... rw hack boi?

:popcorn:


Well what? dipshit. you and RW are liars and obama ass kissers. Do you want me to acknowledge that?

Please point out where I have lied about anything
 
Last edited:
going from, 10 to 20 is not doubling? is that the new math?

11 to 18 is not doubling


it was 10.6 when he took office, it will be over 20 when he leaves, its 18.5 today. To not call that doubling is splitting hairs.

Actually, it is not doubled

It will be 19 when he leaves office and was 11 and growing when he took office. The 2009 budget was passed by Bush in Oct 2008 and was the responsiblity of Bush


Splitting hairs again. Obozo kept the Bush tax rates in place when he could have cancelled them. So most of that debt is on him. Funny how you round 10,6 to 11 but round 20,6 to 19.

Whether it actually doubles or goes up by a factor of 1.8, the fact is that obama wil have increased the debt more than any other president in 240 years

Our President was blackmailed by the Republicans to extend the Bush tax cuts for an additional year

You should have heard them whine when he let them expire


Aw, poor little barry, the mean ole republicans forced him to extend the Bush tax rates--------------are you really that fuckin stupid?
 
obozo could have cut spending if he did not like what his predecessors did, but did he? duh, no.
link hack boi AKA Redfish ?

45HOxf5.jpg
Yes, the rate of growth in govt spending has been reduced under obama. But deficit and debt are two different things. the debt was 10T when obama took office, it will be 20T when he leaves. Chart that for us, dingleberry.
r u claiming he could've cut spending to 0% shit for brains? He cut spending down to the bare minimum (1.5%)

Stop wasting my time w/ your made-up rw fantasies. IOW's post a link every now and then if you want to be taken seriously (Its a little too late for that in your case hack boi)


your juvenile insults just confirm your ignorance. When you have nothing to offer, hurl insults. We understand how you libs operate.

The bottom line regarding obama and the national debt is that it will have roughly doubled during his terms. no lib talking points or foollish insults can change that fact.

What do you think Obama should not have spent money on?

Tax cuts
Two wars
Paying interest on our debt

There was very little new spending


spending on food stamps increased, spending on welfare increased, spending on unemployment increased, spending on obamacare was not in the budget and is still increasing every day, in 2016 it will go thru the roof, and you libtards will blame the GOP president.

Now, would please list the items where he decreased or eliminated spending?

In 2007 on the campaign trail he said that increasing the debt was a sign of poor management by the president, but he has done it every year. Was he lying then or is he lying now?
 
11 to 18 is not doubling


it was 10.6 when he took office, it will be over 20 when he leaves, its 18.5 today. To not call that doubling is splitting hairs.

Actually, it is not doubled

It will be 19 when he leaves office and was 11 and growing when he took office. The 2009 budget was passed by Bush in Oct 2008 and was the responsiblity of Bush
Well Redfish.....errr..... rw hack boi?

:popcorn:


Well what? dipshit. you and RW are liars and obama ass kissers. Do you want me to acknowledge that?

Pleas point out where I have lied about anything


Uhhh, probably about 95% of your posts. When you repost a lying talking point, you are lying.

We understand your role here. Post lies and try to convince the uneducated and uninformed that your liberal marxist collectivist agenda is working-------------but its not, never has, never will.

What works is freedom and personal responsibility, and small unintrusive government.
 
11 to 18 is not doubling


it was 10.6 when he took office, it will be over 20 when he leaves, its 18.5 today. To not call that doubling is splitting hairs.

Actually, it is not doubled

It will be 19 when he leaves office and was 11 and growing when he took office. The 2009 budget was passed by Bush in Oct 2008 and was the responsiblity of Bush


Splitting hairs again. Obozo kept the Bush tax rates in place when he could have cancelled them. So most of that debt is on him. Funny how you round 10,6 to 11 but round 20,6 to 19.

Whether it actually doubles or goes up by a factor of 1.8, the fact is that obama wil have increased the debt more than any other president in 240 years

Our President was blackmailed by the Republicans to extend the Bush tax cuts for an additional year

You should have heard them whine when he let them expire


Aw, poor little barry, the mean ole republicans forced him to extend the Bush tax rates--------------are you really that fuckin stupid?

You failed to answer the question

You complain about the additional $8 trillion in debt under Obama's watch....I showed where the money went, What would you have cut?
 
it was 10.6 when he took office, it will be over 20 when he leaves, its 18.5 today. To not call that doubling is splitting hairs.

Actually, it is not doubled

It will be 19 when he leaves office and was 11 and growing when he took office. The 2009 budget was passed by Bush in Oct 2008 and was the responsiblity of Bush
Well Redfish.....errr..... rw hack boi?

:popcorn:


Well what? dipshit. you and RW are liars and obama ass kissers. Do you want me to acknowledge that?

Pleas point out where I have lied about anything


Uhhh, probably about 95% of your posts. When you repost a lying talking point, you are lying.

We understand your role here. Post lies and try to convince the uneducated and uninformed that your liberal marxist collectivist agenda is working-------------but its not, never has, never will.

What works is freedom and personal responsibility, and small unintrusive government.

A very weak attempt at a response

If 95% of my posts are a lie, you should be able to pick out one or two that shows I am lying
 
link hack boi AKA Redfish ?

45HOxf5.jpg
Yes, the rate of growth in govt spending has been reduced under obama. But deficit and debt are two different things. the debt was 10T when obama took office, it will be 20T when he leaves. Chart that for us, dingleberry.
r u claiming he could've cut spending to 0% shit for brains? He cut spending down to the bare minimum (1.5%)

Stop wasting my time w/ your made-up rw fantasies. IOW's post a link every now and then if you want to be taken seriously (Its a little too late for that in your case hack boi)


your juvenile insults just confirm your ignorance. When you have nothing to offer, hurl insults. We understand how you libs operate.

The bottom line regarding obama and the national debt is that it will have roughly doubled during his terms. no lib talking points or foollish insults can change that fact.

What do you think Obama should not have spent money on?

Tax cuts
Two wars
Paying interest on our debt

There was very little new spending


spending on food stamps increased, spending on welfare increased, spending on unemployment increased, spending on obamacare was not in the budget and is still increasing every day, in 2016 it will go thru the roof, and you libtards will blame the GOP president.

Now, would please list the items where he decreased or eliminated spending?

In 2007 on the campaign trail he said that increasing the debt was a sign of poor management by the president, but he has done it every year. Was he lying then or is he lying now?

OK....now we are getting somewhere

Your answer to what we should do in an economic collapse is to take food out of the mouths of poor people and throw them into the streets. That is preferred to ending tax cuts that did not create jobs or ending two senseless wars
 
Whats sad about this is that the congressional republicans let this new budget bill pass because they are scared shitless of the media accusing them of shutting down the govt during an election year, and the dems passing it in order to buy the votes of the welfare class.

Remaining in office is more important to all of them than doing what is right for the country.
Absolutely right. If the gop kept Clinton under control, gop deserves credit to for this stinkburger
But, hey, that's the difference on this forum between libs and cons. Libs never do anything wrong....just ask em
 
Yes, the rate of growth in govt spending has been reduced under obama. But deficit and debt are two different things. the debt was 10T when obama took office, it will be 20T when he leaves. Chart that for us, dingleberry.
r u claiming he could've cut spending to 0% shit for brains? He cut spending down to the bare minimum (1.5%)

Stop wasting my time w/ your made-up rw fantasies. IOW's post a link every now and then if you want to be taken seriously (Its a little too late for that in your case hack boi)


your juvenile insults just confirm your ignorance. When you have nothing to offer, hurl insults. We understand how you libs operate.

The bottom line regarding obama and the national debt is that it will have roughly doubled during his terms. no lib talking points or foollish insults can change that fact.

What do you think Obama should not have spent money on?

Tax cuts
Two wars
Paying interest on our debt

There was very little new spending


spending on food stamps increased, spending on welfare increased, spending on unemployment increased, spending on obamacare was not in the budget and is still increasing every day, in 2016 it will go thru the roof, and you libtards will blame the GOP president.

Now, would please list the items where he decreased or eliminated spending?

In 2007 on the campaign trail he said that increasing the debt was a sign of poor management by the president, but he has done it every year. Was he lying then or is he lying now?

OK....now we are getting somewhere

Your answer to what we should do in an economic collapse is to take food out of the mouths of poor people and throw them into the streets. That is preferred to ending tax cuts that did not create jobs or ending two senseless wars


Nope, we should always help those who truly need help. But there are millions on welfare who could be supporting themselves.

For the record the Bush/Obama tax cuts cut taxes for everyone who pays taxes, not just the rich.

Are you saying that we should have done nothing after the 9/11 attacks?

We do agree that going into Iraq as we did was a stupid mistake, but both parties authorized and funded it and the leaders of both parties (and the rest of the world) bought into the bad intel about Saddam and WMDs.

If you would dump the partisan bullshit for a while you might gain some credibility.
 

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