Total thus far from the bailouts- at least $1.8 TRILLION DOLLARS.

HotNSexyMILF

Well-Known Member
ROUGHLY $6000 DOLLARS PER PERSON.$6000 FOR EVERY F*CKING MAN, WOMAN, AND CHILD IN THIS COUNTRY.

Did you hear me?! This has cost each and every single one of us $6000 dollars, SO FAR. Each and every single one of the estimated 310 million citizens in this country. Can you wrap your head around this number?!?! 1.8 TRILLION.

WHY IS NO ONE F*CKING PISSED?!?!

The add up..
A $1.8 Trillion Bailout: Where the Money's Going - Financials * US * News * Story - CNBC.com
 

GIJane

Active Member
This is definitely disturbing. I was just looking at some info. on how much we spend on our military each fiscal year. 515 billion for this year, starting in October. I'm wondering why our government's spending on the military is only a fraction of funds set aside for this 'financial crisis'. I don't know what the fuck is going on, and it scares the shit out of me. I heard on the news today about people driving to 35 different gas stations and only finding 2 of which actually selling gas! Just what is really going on, people? I think we should all be psychologically and financially preparing for one of two scenarios: War or Economic Recession...and soon Depression. This is no fucking joke. Our economy is in danger, and this seems more important to us than national defense! If I were a terrorist, this situation, and this reaction to the loan companies would have been my plan for the systematic destruction of America. There are forces at play here that the populace is not aware of, and this is destroying democracy as we know it. I know I sound like a nihilist, but this is beginning to look a lot like a downward spiral into national pandemonium. Who will bail US out when things go to shit?
 

ViRedd

New Member
Take a look at the whole picture. If you count all the unfunded obligations of the federal government, the national debt is 53 TRILLION. That's about $450,000 per household.

Tell me again how great a fiat money system is.

Vi
 

Prophecy

New Member
Regarding the 700 billion dollar question: I would say it depends on the time: as in time to resale the assets/mortgages and/or the period of time that the government will spread the repayment of the 700 billion, if applicable.

Personally, I believe if they do it right it can greatly impact the overall federal deficit. There seems to be a lot of reform going on with all of this; it will be great if the citizens could begin to earn a percentage of the interest and discount rates on these loans and otherwise.

Do you know the current or recent system didn't permit the citizen through the government to earn any rates on loans that the government lender to the banks to the consumers.

Ultimately, if the government has to do it big, it should be visionary, as in sound efficient and to the point and temporary, as temporary as it takes no more than 10 to 20 more years, if they do it righteously.

The government should be developing self sufficient citizens; this ultimately start with a cultures education and welfare programs; if there is no development in the institutions, especially among the least among us then that culture is only going to be as strong or stable as its weakest subculture.


Give me at most fifteen years and I believe the budget can be efficiently eliminated.
 

KillerWeed420

Well-Known Member
The only answer for a rational person would be to file bankruptcy. Which would be good for us. With no debt we could bounce back pretty good. Of course the onther countries that we were borrowing from would loose a couple bucks but what the hell. Its a fiat money system so its not like its real money, Its just on paper.
 

HotNSexyMILF

Well-Known Member
lmfao.. yeah, that would be the way to start a war.. lol. China would for sure cut us off from importing from them.. remind me what exactly is still made in this country today?
 

ZenMaster

Well-Known Member
lmfao.. yeah, that would be the way to start a war.. lol. China would for sure cut us off from importing from them.. remind me what exactly is still made in this country today?
Pharmaceuticals, education, and lots of guns.

Stuff like that heh.
 

medicineman

New Member
I definently like the bankruptcy deal. Start over with a clean slate. Fuck China, fuck foriegn investors. They should of invested in their own country. Of course we'd have to get rid of the Federal Reserve, start printing our own money. BTW, My investment in Dinars is growing in leaps and bounds, When it RVs, I'll put half the money in Gold and silver, the other half in Euros. Whoooeeee, I may keep up with the Jonses yet,~LOL~.
 

desertrat

Well-Known Member
I definently like the bankruptcy deal. Start over with a clean slate. Fuck China, fuck foriegn investors. They should of invested in their own country. Of course we'd have to get rid of the Federal Reserve, start printing our own money. BTW, My investment in Dinars is growing in leaps and bounds, When it RVs, I'll put half the money in Gold and silver, the other half in Euros. Whoooeeee, I may keep up with the Jonses yet,~LOL~.
you are the worst socialist ever. why don't you join the ranks of compassionate libertarians??
 

medicineman

New Member
you are the worst socialist ever. why don't you join the ranks of compassionate libertarians??
I've been trying to convince a few people on this site that I'm not a complete socialist. I'm for limited capitalism, the kind that rewards the workers and the community as well as the investors. I do think we could file bankruptcy on foriegn investors, kinda like the third world countries do, after all, if the current trend in government continues, we'll be third world anyway. When we have to start selling off our military might to survive, the game is over.
 

desertrat

Well-Known Member
When we have to start selling off our military might to survive, the game is over.
not to survive, but how about common sense. when we equal 52% of the world's military budget don;t you think we could cut the by a third and still be safe? then we wouldn;t have the wherewithal to pursue a nationalistic foreign policy and could afford, lets say, a palatable form of universal health insurance.
 

bradlyallen2

Well-Known Member
Where exactly is that &00 billion going, to the same private business organizations who went in way over their heads and helped cause this? I might be slow but why the fuck are we subsidizing their horrible business practices? Let them fold, thats what a free market economy is all about. If they lack the business accumen to make good decisions why should my taxes contribute to this mess....as an aside I too bought 100k Iraqi dinars, probably will be good only for wiping my ass but you never know.
 

HotNSexyMILF

Well-Known Member
Yup.. that money is going to the same people who helped cause this mess.. lol.. oh yea, and we're buying the failing businesses as well. lol..
 

Sunnysideup

Well-Known Member
Not only are we buying a failing business, the VP's of these corps won't even feel a thing!
They announced that the CEO's will still continue to receive their annual bonuses and raises....we get to bail them out and they don't feel ANY of the impact....it really makes you wonder.
 

HotNSexyMILF

Well-Known Member
The Federal Reserve bailing out their Wallstreet buddies and passing the bill to Mainstreet.. yea.. it's an outrage, that's why I don't understand why NO ONE IS PISSED AS SHYT!
 

Sunnysideup

Well-Known Member
I am pissed as hell. It gets my blood pressure up up up....Bottom line is though, what can we do??????????? I am at the point in my life that I refuse to let this government take my health from me too. They have taken everything else, they will not get my health...
 

HotNSexyMILF

Well-Known Member
Have ya been calling and leaving your Congressmen messages? Emails? Telling people? Something?

Most I've encountered unfortunately are doing nothing..
 
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