Comments on: Obama Deficit Brings Us Closer to the Brink of National Bankruptcy

By: Ching Lubic

Ching Lubic — Tue, 20 Sep 2011 05:56:29 +0000

Superb post however I was wanting to know if you could write a litte more on this topic? I'd be very grateful if you could elaborate a little bit further. Appreciate it!

By: Dr. Scott

Dr. Scott — Mon, 10 May 2010 05:58:41 +0000

'You and people like you forget that there was a budget surplus when Bush and the Republicans came into office." For those stupid enough to fall in line with this argument, understand this: if a government entity has a 'surplus,' of money, they have STOLEN FROM THE TAXPAYERS. Jesus...I am so tired of idiots on both sides of this. You all need to understand something, and I'll use simple language: WHEN YOU SPEND MORE THAN YOU MAKE, ESPECIALLY ON A REGULAR BASIS, YOU NEVER LEAVE A STATE OF DEBT. You people are concerned about fiscal responsibility? Simple solution: adhere to the three basic rules. These rules are: spend less than you make, on a personal level, and pay cash for purchases (hence no personal debt). Second, demand the eradication of entitlement spending on every level of government. Third, demand the end of fiat currencies (money that is backed only by a promise of the issuing government). Should you choose to whine about wanting something you can't afford: too damn bad, nobody should exist to pay your way. Should you choose to whine about the poor and downtrodden: too damn bad for them, either use your own money to support them or let them starve. Should you choose to whine about fiat monies being necessary: too damn bad, there are finite resources in the world, concocting infinite money makes every penny more useless. You've been stolen from for more than forty years to fund the aspirations of individuals and greed; and Obamatons are so furious that they're willing to do it on an exponential scale to 'spend,' their way out of debt. Bushites are furious that their fearless leader screwed up a war and payoffs to cronies to such a ludicrous degree, but refuse to understand the truth of the matter. Well, I've probably fallen on deaf, or more appropriately dumb, ears...so how about this: if you have affiliation to either the robber baron Republicans or the socialist Democrats, get the hell out of my country so that it can be fixed.

By: TRAVIS CHILDERS

TRAVIS CHILDERS — Sun, 07 Mar 2010 18:50:07 +0000

WERE IS THE BASIC PLAN ? FIRST , EVERY BODY NEEDS TO EAT, SECOND IT TAKES FUEL TO GO TO WORK ( IN ORDER TO GROW OR BUILD ANY THING !! ) . I WAS IN A TIRE SHOP, AND THERE WAS A LADY , LOUDLY , COMPLAINING ABOUT DRILLING RIGS , AND THE AFECT ON EVERY THING. I TOLD HER THAT I WAS AMAZED BY HER HIPOCRISY . AND THAT SHE NEEDED TO HURRY AND GET HER PETROLUIM BASED TIRES ON HER , GAS BURNING CAR , AND HER FANCY PETROLIUM BASED CELL PHONE , AND GO COMPLAIN TO THE WORLD SO THEY CAN SHUT DOWN DRILLING !!! BOTTOM LINE , NATURAL RESORCE, MEENS POWER , FOOD , AND SURVIVAL . GOD BLESS THE OIL MAN , I HOPE HE MAKES A LOT OF MONEY SO HE CAN MAKE SURE THE REST OF US CAN DO OUR JOBS. WITHOUT HIM YOU CAN BET WE WONT GO TO THE STORE AND PAY FOR OUR FOOD ! HOW MANY OF YOU OUT THERE CAN REALY RIDE A HORSE , OR KNOW HOW TO GROW A GARDEN … AMERICA , WAKE UP AND REMEMBER WERE YOU COME FROM . RECOGNISE THE BASICS , AND LETS BUILD THIS COUNTRY ON WHAT WORKS !!"" PROUD TO BE AMERICA ""! MADE IN AMERICA.

By: Andrew

Andrew — Mon, 08 Feb 2010 06:26:54 +0000

Firstly congratulations on a wonderful newsletter., I am in Australia and receive every issue and devour the great info. From an outsider looking in, it seems that the USA ( like all Democracies ) can't run budget surpluses with so many self interest groups controlling votes. It can be done and we have managed a long line of budget surpluses in Australia in recent times, but it's not easy when the primary role of any Government remains getting elected and then getting re-elected. It sets things up for failure but I am not sure what a better solution is given that the opposite of what I describe is most closely resembling a dictatorship. Maybe a benevolent dictatorship would work but it will never happen of course. Andy PropertyNow Coffs Harbour. NSW.Australia. Australian real estate

By: Red

Red — Sun, 07 Feb 2010 21:06:30 +0000

Eliminating several agency's and Consolidating others would help, along with eliminating the "Year End Dump" that happens every Aug/Sept.

By: JOSEPH FOSTER

JOSEPH FOSTER — Sun, 07 Feb 2010 20:10:51 +0000

The US is approaching the point of collapse of its economy and its currency similar to that of the Weimer Republic.
Its present political leaders on both sides of the isle are in capable of making the correction,
It is now on the path of self-destruction and that destruction cannot be
Reversed or stopped, since the politicians of both sides of the isle are unable to make the correction by democracy methods.
Let us identify the causes of destruction;
Defense budget no correction can be made on this issue, the flag waivers will oppose any changes, as to threat if there was none perhaps they may create a possible threat from outer space.
Social security and medi care no change could be made any politician that wants to reduce benefits will be destroyed politically.
Trade policy no change any protections method that will stop the export of American jobs, will be opposed by those that enjoy cheap imports,
China and other countries have, with the help of the US government
Won the trade war! China, Mexico and India, have taken US jobs and its tax base. The consequences of "Globalization" are bringing the U. S. to its knees. In addition, to top it off there are no tax revenues from tariffs, or from the millions of previously employed Americans. The Chinese also own a huge part of US. The winners are the emerging markets and Corporate America the losers are America, its workers and middle class.
The new American revolution leader may be to day ten years of age, and has not surfaced, there are many, but one shall become the ultimate leader that will lead the United States from disaster to prosperity,
As history as your guide the new leader will no be one that espouse the virtue of capitalism, for he will be a true socialist, that will tell the rich you have taken to mush and gave very littlie back, now as the new leader I Shall make the correction, and you shall be stripped from your wealth to give the poor, again his supporters are mostly poor and unemployed shall cheer him on and support his agenda.
By historical fact leaders of tyranny do not appease those that oppose his agenda by democratic means, he destroys them by imprisonment in some instance kills them, his agents will be on the path to discover them and when they are found they will be arrested as Hitler and Stalin did, finally his opponent were silenced by fear.
Events as I described above is what has occurred in the past and , there is no reason it could not occur again, this time the event will be in the United States.

By: c.kannan

c.kannan — Sun, 07 Feb 2010 16:33:57 +0000

i am very much interested to know more

By: FG

FG — Sun, 07 Feb 2010 15:09:47 +0000

P.S. and I don't mean P A L I N for the third Party Pres, we would be more of a Laughing Stock!

By: FG

FG — Sun, 07 Feb 2010 15:06:14 +0000

My thoughts exactly! Vote them all OUT. Stop going back and forth between
Reps and Dems………….we need something better and DIFFERENT! The Bush
group was swept out and now the Obama group is not doing much better so
everyone is will swept the Dems out and put the Reps back in. IT REALLY
MAKES NO SENSE. We need a viable THIRD PARTY!

By: ron

ron — Sun, 07 Feb 2010 06:42:32 +0000

Political behavior cannot be improved simply because it is in perfect accord with the obsolete political system which is the basis for that behavior . Furthermore, it appears that the Keynesian economic model is valid only during special recessionary times and is not otherwise generally valid ( ie. otherwise it is generally invalid – inappropriate / anteconomical ) .