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Trumpet's interesting Ideas on reducing the national debt

Posted by $ Olduglycarl 8 years, 7 months ago to Economics
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What-a-ya think?
I like it...with a proviso that when the resources are played out and profit made, the land be "given" back to the States.

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  • Posted by $ Olduglycarl 8 years, 7 months ago in reply to this comment.
    You know, since the fed never actually printed paper money and we never asked them too, ...technically...we don't owe them nor china or whom ever...SQUAT!
    The problem is there is not enough paper money if there were a run on the banks...that's why they want to go digital, that's also why they want to collapse the system first...all that non existent money will just disappear along with your savings, 401's and IRA's.
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  • Posted by $ Olduglycarl 8 years, 7 months ago in reply to this comment.
    Hey, hey, hey!...that's not fair to the banana...you frutist. Laughing my butt off...and there it goes...
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  • Posted by $ Olduglycarl 8 years, 7 months ago in reply to this comment.
    Did he not revel in the rhetoric at reveille , announce his presence like the trumpets in a palace announce the next guest to meet the king, did he not trumpet the masses to follow like peter piper.

    I think "Trumpet" fits like the glove that didn't fit OJ...Trumpet won't quit nor acquit.
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  • Posted by $ allosaur 8 years, 7 months ago in reply to this comment.
    Google Translate indicates that "President Evil Hag" would be called El Presidente Malvado, for she would complete O'Commie's work at degrading the USA into a banana republic
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  • Posted by Dobrien 8 years, 7 months ago in reply to this comment.
    Hi OUC,
    What is needed after addressing the fiscal mess these kakistrates have put US in , is a philosophical shift to enable the individual, enable the capitalism to shape the future free the entrepreneur to create at the same time stop the looting . We need to become conscious of the contradictions and deceptions Seek the truth.
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  • Posted by Dobrien 8 years, 7 months ago
    Best to get started now before the s... hits the fan.Trading some of those mineral rights for US Treasury bonds that then are retired. No funny business
    Long term debt extinguished to the extent that our
    Govt debt is supported by our GDP. The addition of a balanced budget with waste cut.
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  • Posted by $ allosaur 8 years, 7 months ago
    Hey, Olduglycarl, show some respect.
    That's President Trumpet--To YOU!
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  • Posted by $ Olduglycarl 8 years, 7 months ago in reply to this comment.
    Agreed and it does seem he is going down that road...however, everything Calvin Coolidge and Ronald Regan did was eventually undone.

    Maybe we need to invent a type of Financial electric fence or something...Bad Monkey, no spend.

    The figures stated in the article, if accurate, are staggering! That kind of money could even solve all the "unfunded liabilities" as well.
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  • Posted by $ CBJ 8 years, 7 months ago
    Paying down the national debt does not solve the deficit problem or diminish the power of the Fed, but it may be helpful if accompanied by more fundamental reforms.
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