Surely this isnt accurate
- Thread starter Spacewolf
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I read somewhere that every second or minute the US defense department spends $1,843
Also the Congress approved 52 2 billion dollar B-2 stealth bombers when the Pentagon only wanted no more than ten
Also the Congress approved 52 2 billion dollar B-2 stealth bombers when the Pentagon only wanted no more than ten
Yeah but the way we're going we'll have to sell that silver lining to pay off China.sasquatch99 said:
Y'know, I don't see why the world leaders can't get together,and cancel all debt.
Think about it. Pretty much every country in the world owes debt to another country. If we all cancelled each other's debt, we all could have a clean slate to start again from. I can't imagine any country would disagree, as I severely doubt anyone is profiting in any way from the recession, at least not on a national scale.
Of course, they won't. They never even consider the simplest solutions, always going for the ones which just make them look better for the next election.
Think about it. Pretty much every country in the world owes debt to another country. If we all cancelled each other's debt, we all could have a clean slate to start again from. I can't imagine any country would disagree, as I severely doubt anyone is profiting in any way from the recession, at least not on a national scale.
Of course, they won't. They never even consider the simplest solutions, always going for the ones which just make them look better for the next election.
Sadly that sounds fairly accurate. It has a lot to do with huge government spending, the "war", and the stupidity of our citizens. All those useless bail outs we just had didn't help us and if we start with the idiotic National Health Care system they want to do you will see that number easily double practicly over night.
Ohh absolutly. I mean seriously they talked about how much the Bush administration spent on the war and how it put us at a large deficit, then you had the democrats come in and pass all these usless spending bills which almost doubled what took 8 years to reach for the war. I seriously hate both of the major parties in our country. The far left democrats are insaine, and the republicans are just stupid.Darth Pope said:
There still seem to be a precious few rational democrats left in the world, but the majority of them are hypocritical twats.Sephiwind said:
It makes no difference how much they own because there is no way to collect. Debts between nations are based on honour systems. If you try to collect you could cause a war. For example, the USA owes a great deal of money to the People's republic of China. However, what could China do to collect? All they can do is ask and hope the USA is good on their word. Other than that national debt is irrelevant.
It's only 2 quad? That's not as bad as I thought. I was thinking it was double that. But yep, it's pretty high.
well then theres national debt, well never be able to pay it off with the current banking system, its mathematicly impossible, the only time the US was not in debt was when, oh glorious, President Andrew Jackson got rid of the National banking system, with out the bank there was no interest and thus no debt on the dollar, he was one of the best presidents (besisdes the fact that he ordered the army to kill thousands of native americans) Once the national banks were reinstated, our debt started back up again, President Abraham lincoln even suggested somthing called, the "Green Back" not your dollar today but a debtless dollar, we would not have to owe impossible intrest to the banks, unfortunatley it was not to be so, damned american banking system, the only reason were the richest nation in the world though, is because of it. The banks exploit other nations, take controll of thier resources by selling them out to american companies, and draining economic power of that said country.
Ive also noticed the majority of all thier industry and companies are american or foriegn based.
the debt is mostlikely owed to the US, I've been to australia, stayed for 2 weeks, visted like 10 cities, 90% of thier food industry are american owned companies, Woolworths, IGA, Coles, but they will soon be having food companies Aldi (I think its french owned or somthing), and Costco ,another american food company. Also consider the fact that australia only has 20 million people in its entire country, not a lot if you factor in its size.Sephiwind said:
Ive also noticed the majority of all thier industry and companies are american or foriegn based.
