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Thread: IMF bombshell: Age of America nears end

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    Re: IMF bombshell: Age of America nears end

    Quote Originally Posted by Erod View Post
    IMF bombshell: Age of America nears end Brett Arends' ROI - MarketWatch



    There are big issues with this theory, no doubt. Most people in China live in abject poverty, and the divide between the haves and have-nots there is massive. The Chinese people in general aren't thinking much about taking over the planet; they're trying to eat.

    The ugly truth for China is that they are still completely dependent on the U.S. And in the end, he with the biggest bombs will forever rule the day. Some things never change.
    Wrong. He with the biggest bombs will assist those who want to have the biggest bombs in making Earth a sterile planet.
    The ghost of Jack Kevorkian for President's Physician: 2016

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    Re: IMF bombshell: Age of America nears end

    I don't think china regards itself as dependent on the US.

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    Re: IMF bombshell: Age of America nears end

    Quote Originally Posted by cpwill View Post
    of course he's concerned with our status. we are still way too rich and powerful.
    The problem is we are reaching the point in the near future where will not be able to pay the interest

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    Re: IMF bombshell: Age of America nears end

    Quote Originally Posted by SE102 View Post
    I don't think china regards itself as dependent on the US.
    china is an unbernationalist society with extreme militant tendancies whose name for itself literally means "center of the world".

    i sincerely doubt that what you describe is the case.

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    Re: IMF bombshell: Age of America nears end

    Quote Originally Posted by ptif219 View Post
    The problem is we are reaching the point in the near future where will not be able to pay the interest
    well then his mission will be complete.

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    Re: IMF bombshell: Age of America nears end

    Quote Originally Posted by ptif219 View Post
    Shows Obama is not concerned about our status in the world. His spending is more important that anything else
    Nooooooo. It shows that BOTH sides arent serious.

    Tax the wealthy more until Americas situation stabilizes. They CAN afford it. While doing that cut corporate welfare AND public welfare. Create tariffs on incoming goods and corporations based out of America AND that send jobs overseas. Cook at 500 degrees for 5 years and check for a better budget. Democrats MUST stop expanding spending on our public. We must shrink gov't but not on the ones that REALLY need it. NO money on abortions! Just allow people to get by with a HUGE weight put on finding jobs. Tax cuts to anyone over $150,000 is insane. Public SERVANTS need to know..... they ARE servants. Teachers should not make over $50K a year no matter what.

    What got us into this situation were politicians GIVING! Now I agree that to BETTER America there needs to be a balance. But NOT a free for all!

    At this moment we need to reduce our debt! This can ONLY (realistically) be done by higher taxes on those who can afford them ANNNND reducing spending (and favors) on BOTH sides of the aisle. You DONT like it? TOUGH! Deal with it! Its for the COUNTRY. State Unions... screw em. Wealthy over $150,000.... screw em. Democrats... screw em. GOP.... yup... screw em. They ALL cost this country billions to TRILLIONS!

    We must... MUUUUUUUUUUUST manage our debt. At the same time keep America growing VIA a revised Employment Security. What is that revision? Thats for another thread. But the welfare population MUST either go on Disability or become...... something else.

    EDIT: I almost forgot.... kick the ILLEAGALS the heck out of America!!!!!!!!!!
    I like Latino famlies but in large they are a leach on our system!!! Get them OUT!!!!!
    CORPORATE GREED AND UNION GREED
    DEMOCRATS AND REPUBLICANS
    DESTROYING THE BEST OF AMERICA ONE DAY AT A TIME

    This is the worst kind of discrimination. The kind against ME! ~ Bender

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    Re: IMF bombshell: Age of America nears end

    Quote Originally Posted by The Giant Noodle View Post
    Nooooooo. It shows that BOTH sides arent serious.

    Tax the wealthy more until Americas situation stabilizes. They CAN afford it
    they probably can. the problem is that they won't pay it, and so as far as revenues are concerned, it's a moot issue.

    While doing that cut corporate welfare AND public welfare
    agreed.

    Create tariffs on incoming goods and corporations based out of America AND that send jobs overseas.
    IE: reduce corporate income tax, wreck the recovery, and make life harder for our poor, who are the first to suffer from increases in the cost of living that go with tariffs. no thank you.

    Democrats MUST stop expanding spending on our public.
    Everyone must stop doing this. literally, we are rapidly approaching the point where we will no longer have the ability even if we wanted to.

    We must shrink gov't but not on the ones that REALLY need it
    which is why Republicans means-test Medicare.

    NO money on abortions!
    certainly agreed.

    Public SERVANTS need to know..... they ARE servants.
    that is correct; it's something we public employees have lost, as we have forgotten that our position is to serve the general public, not lord it over them.

    Teachers should not make over $50K a year no matter what.
    this i actually disagree with. teachers of high quality should be paid more, as should teachers who are operating in high-cost areas. tenure and pensions, however, should be replaced by quality testing and defined-contribution plans. in general we should shift compensation from benefits to pay, and tilt that towards the quality teachers.

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    Re: IMF bombshell: Age of America nears end

    You have to be insane if you think a guy who has been in office for 3 years can be responsible for this.

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    Re: IMF bombshell: Age of America nears end

    Quote Originally Posted by The Giant Noodle View Post
    Nooooooo. It shows that BOTH sides arent serious.

    Tax the wealthy more until Americas situation stabilizes. They CAN afford it. While doing that cut corporate welfare AND public welfare. Create tariffs on incoming goods and corporations based out of America AND that send jobs overseas. Cook at 500 degrees for 5 years and check for a better budget. Democrats MUST stop expanding spending on our public. We must shrink gov't but not on the ones that REALLY need it. NO money on abortions! Just allow people to get by with a HUGE weight put on finding jobs. Tax cuts to anyone over $150,000 is insane. Public SERVANTS need to know..... they ARE servants. Teachers should not make over $50K a year no matter what.

    What got us into this situation were politicians GIVING! Now I agree that to BETTER America there needs to be a balance. But NOT a free for all!

    At this moment we need to reduce our debt! This can ONLY (realistically) be done by higher taxes on those who can afford them ANNNND reducing spending (and favors) on BOTH sides of the aisle. You DONT like it? TOUGH! Deal with it! Its for the COUNTRY. State Unions... screw em. Wealthy over $150,000.... screw em. Democrats... screw em. GOP.... yup... screw em. They ALL cost this country billions to TRILLIONS!

    We must... MUUUUUUUUUUUST manage our debt. At the same time keep America growing VIA a revised Employment Security. What is that revision? Thats for another thread. But the welfare population MUST either go on Disability or become...... something else.

    EDIT: I almost forgot.... kick the ILLEAGALS the heck out of America!!!!!!!!!!
    I like Latino famlies but in large they are a leach on our system!!! Get them OUT!!!!!
    How will taxing the wealthy help the economy and unemployment.

    The way to get more tax money is to get the people working.

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    Re: IMF bombshell: Age of America nears end

    Quote Originally Posted by whysoserious View Post
    You have to be insane if you think a guy who has been in office for 3 years can be responsible for this.
    solely responsible?

    no.

    deserving of blame?



    Had the U.S. economy recovered from the current recession the way it bounced back from the other 10 recessions since World War II, our per-capita gross domestic product (GDP) would be $3,553 higher than it is today, and 11.9 million more Americans would be employed....

    If we had matched the 1982 recovery rate, today annual per-capita income would be $4,154 higher than before the recession—that's an extra $16,600 for a family of four—and some 15.7 million more Americans would have jobs. That's enough jobs to employ 100% of the 13.5 million Americans currently classified as unemployed. In addition, we would have provided jobs for 30% of both the 2.4 million discouraged or marginally attached workers and the 4.8 million who have totally dropped out of the work force since January 2008...
    yup.
    Last edited by cpwill; 04-26-11 at 02:38 AM.

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