View Poll Results: What do you think the future of the USA will be like ?

Voters
53. You may not vote on this poll
  • It will financially collapse

    10 18.87%
  • It will financially develop

    12 22.64%
  • a more conservative policy will dominate the country

    7 13.21%
  • a more socialistic movement will influence the country

    14 26.42%
  • It will go into world war 3

    5 9.43%
  • l dont know

    12 22.64%
  • political polarizations will cause many of these

    11 20.75%
  • other

    21 39.62%
Multiple Choice Poll.
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Thread: What do you think the future of the USA will be like ?

  1. #131
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by Perotista View Post
    Here you go Pol, interest on the debt since 2000:

    2014 $430,812,121,372.05
    2013 $415,688,781,248.40
    2012 $359,796,008,919.49
    2011 $454,393,280,417.03
    2010 $413,954,825,362.17
    2009 $383,071,060,815.42
    2008 $451,154,049,950.63
    2007 $429,977,998,108.20
    2006 $405,872,109,315.83
    2005 $352,350,252,507.90
    2004 $321,566,323,971.29
    2003 $318,148,529,151.51
    2002 $332,536,958,599.42
    2001 $359,507,635,242.41
    2000 $361,997,734,302.30

    We are now approaching a half trillion dollars in interest alone that must be paid. This bill is at interest rates of 1-2 percent. Now if interest rates reach their normal of 6% triple or quadruple the amount shown. Yet, so many people just toss this fact off into the wind.
    : We're drowning in debt, yet our politicians think it's no problem to throw another $1.1 trillion on the pile. A trillion is a million million - that's a million x million. Our national debt is actually 18 trillion, so it's a million x million x 18. That's an awful lot of zeroes, and the latest 1.1 trillion only takes us up to September 2015, at which time we start this travesty all over again.

    No wonder other countries are openly questioning our monetary leadership role on the world stage. We watched Zimbabwe go bankrupt a few years ago, and we wondered how such a thing could happen. Their currency was devalued to nearly $18,000 per every US dollar, and the last I read, they were issuing currency in the hundreds of thousands of dollars for every US dollar, due to inflation. Unbelievable! Is this insanity in our future?

  2. #132
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by imagep View Post
    The dollar is backed by everything that can be purchased with it.

    The dollar was never truly backed by gold, not at any time in the existence of this country. And when we were young, and on the "gold standard", US citizens weren't even allowed to exchange the dollar for gold. It was illegal for citizens to own gold bullion. If you can't exchange your dollars for what backs it, then it's not really backed by that product.

    I can however use my dollars at Walmart, or at McDonalds, or at the car dealer. So my dollars are backed by all the goods and services which can be purchased then them, as they always have been.
    I think when it comes to the dollar and the ever rising debt that you live in an Utopian world where debt means nothing. Then why not print up X number of dollars and give each citizen a million dollars making them all millionaires and eliminating poverty all together? Why tax anyone when debt means nothing, just print up the money and have the government borrow it from itself? Taxing people seems so passe if debt means nothing.
    This Reform Party member thinks it is high past time that we start electing Americans to congress and the presidency who put America first and their political party further down the line. But for way too long we have been electing Republicans and Democrats who happen to be Americans instead of Americans who happen to be Republicans and Democrats.

  3. #133
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by imagep View Post
    There has been interest due every year of the existence of this country except for one. It's a system that has worked out fairly well for the past 238 years, I'm fairly confident that it will continue to work out for at least another 238 years.
    I do not think so, I think there is a limit on everything. Too much of a good thing can actually be bad. I think we are fast approaching that limit. But I am no financial guru, just as I see it.
    This Reform Party member thinks it is high past time that we start electing Americans to congress and the presidency who put America first and their political party further down the line. But for way too long we have been electing Republicans and Democrats who happen to be Americans instead of Americans who happen to be Republicans and Democrats.

  4. #134
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by shrubnose View Post
    Time marches on and the USA marches along with time.
    The question is, for how much longer?
    This Reform Party member thinks it is high past time that we start electing Americans to congress and the presidency who put America first and their political party further down the line. But for way too long we have been electing Republicans and Democrats who happen to be Americans instead of Americans who happen to be Republicans and Democrats.

  5. #135
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by polgara View Post
    : We're drowning in debt, yet our politicians think it's no problem to throw another $1.1 trillion on the pile. A trillion is a million million - that's a million x million. Our national debt is actually 18 trillion, so it's a million x million x 18. That's an awful lot of zeroes, and the latest 1.1 trillion only takes us up to September 2015, at which time we start this travesty all over again.

    No wonder other countries are openly questioning our monetary leadership role on the world stage. We watched Zimbabwe go bankrupt a few years ago, and we wondered how such a thing could happen. Their currency was devalued to nearly $18,000 per every US dollar, and the last I read, they were issuing currency in the hundreds of thousands of dollars for every US dollar, due to inflation. Unbelievable! Is this insanity in our future?
    What worries me, since my expertise is in Southeast Asia is when the Laotian currency which was pegged at 30,000 kip per one U.S. dollar has dropped to 7,000 kip to one U.S. dollar and Laos has nothing or has done anything to cause that. Laos barely qualifies as a third world country. I have also watched Thailand, its baht drop from 42 down to 30 baht to the dollar and that country use to keep all its reserves in dollars. Not any more as it is slowly adding other currencies, the Yuan for example. Even the Cambodian Reil has dropped in value from 4100 down to 3900.
    This Reform Party member thinks it is high past time that we start electing Americans to congress and the presidency who put America first and their political party further down the line. But for way too long we have been electing Republicans and Democrats who happen to be Americans instead of Americans who happen to be Republicans and Democrats.

  6. #136
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    Re: What do you think the future of the USA will be like ?



    The Future's So Bright, I Gotta Wear Shades

  7. #137
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by Perotista View Post
    I do not think so, I think there is a limit on everything. Too much of a good thing can actually be bad. I think we are fast approaching that limit. But I am no financial guru, just as I see it.
    People have been saying that for two hundred years.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  8. #138
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by Perotista View Post
    The question is, for how much longer?
    At least another 238 years!
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  9. #139
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by Perotista View Post
    What worries me, since my expertise is in Southeast Asia is when the Laotian currency which was pegged at 30,000 kip per one U.S. dollar has dropped to 7,000 kip to one U.S. dollar and Laos has nothing or has done anything to cause that. Laos barely qualifies as a third world country. I have also watched Thailand, its baht drop from 42 down to 30 baht to the dollar and that country use to keep all its reserves in dollars. Not any more as it is slowly adding other currencies, the Yuan for example. Even the Cambodian Reil has dropped in value from 4100 down to 3900.
    That doesn't mean anything on Main Street USA.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  10. #140
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by Libertie76 View Post
    ...We make purchases with the dollar because we have told the markets that we promise there is value...
    We observe that there is real value, we depend on no promise. When I know that I can use my US dollars to pay my electric bill, then I know that my dollars have value. I don't have to be promised anything, I witness their value every day. And that's all that I need to know to be willing to accept more US dollars in exchange for my labor. As long as people are willing to accept it in trade, then no promises are needed, and it doesn't have to be backed by anything other than my knowledge that we can use it in trade.

    The US dollar has been used in our economy every day since it was invented, that's a heck of a lot of practice. It's not like we just made up dollars yesterday and they are unproven as a unit of money that can be exchanged in trade and used as an unit of measure for accounting purposes.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

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