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A Solution To Our Debt Crisis
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Miller0700 Offline
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Post: #1
A Solution To Our Debt Crisis

Could you propose a solution to end our massive debt problem and put us on the right course? Is it even conceivable?

Previously known as Derchin.
07-28-2011 01:27 PM
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Blobthe15 Offline
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Post: #2
Re: A Solution To Our Debt Crisis

Executive order 11110

Get out of our what, 3 wars?

But I dunno what I"m talking about for sure.

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Rebelnerd:
Again, I agree with you. School does teach you things. And once again, you are missing the point entirely. It's not that I disagree with school's mission or the things it teaches. What I object to is that the students are deprived of any choice in the matter. As benign as the intentions may be, any system that forces people into an environment where they have no say in their lives is a situation ripe for abuse of power.

I am Blobthe15, creator of threads that die too quickly.

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Weswammy Wrote:
The Desert Fox Wrote:Down with Soulriser! It is time for the God of Gods to become the Fallen God of Fallen Gods!
You'll end up like Prometheus, chained to a rock with a bird eating your internal organs.

Or as close as that can be recreated on an internet forum.
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(02-08-2012 01:06 PM)Lunatic Wrote:  everyone says emo is like a music style or hair stile or clothing or cutting yourself but i think its like a sexuality just like being gay but a different kind of gay just like transexuals you know
07-28-2011 01:29 PM
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gore goroth Offline
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Post: #3
Re: A Solution To Our Debt Crisis

The way Americans are used to living, If we put our heads together and the government makes a few cuts here and there. We can pay it back sometime between never, and in an eternity. Even if the government makes a few cuts here and there, thats only tiny miniscule little percentages. And why should we pay back the baby boomers debt? Where did we sign up to incur all this debt?

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07-28-2011 01:42 PM
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Efs Offline
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Post: #4
Re: A Solution To Our Debt Crisis

LOL AMERICAN CAPITALIST DOGS!

(01-10-2012 02:15 PM)Maelstrom Wrote:  Efs, your nihilism is beautiful.
07-28-2011 04:06 PM
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psychopath Offline
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Post: #5
Re: A Solution To Our Debt Crisis

who cares
07-28-2011 07:01 PM
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Efs Offline
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Post: #6
Re: A Solution To Our Debt Crisis

psychopath Wrote:who cares

(01-10-2012 02:15 PM)Maelstrom Wrote:  Efs, your nihilism is beautiful.
07-28-2011 07:07 PM
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Absnt Offline
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Post: #7
Re: A Solution To Our Debt Crisis

Lol, ain't going to happen. It'll take at least 20 years. At LEAST. And that's if we radically changed our government spending. Like, everything getting changed over-night. Yep, not happening.

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07-28-2011 09:25 PM
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The Desert Fox Offline
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Post: #8
Re: A Solution To Our Debt Crisis

Blobthe15 Wrote:Get out of our what, 3 wars?
This, and make the rich people pay appropriate taxes.

Also, inb4 Weswammy.

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(11-27-2011 01:00 PM)psychopath Wrote:  
(11-27-2011 10:52 AM)Efs Wrote:  Our Army is more professional than Amerika. Smile
Except ours isn't allowed to have guns
CrayolaColours Wrote:That post owned. TDF wins post of the year.
Faby Wrote:
krissy Wrote:dessert fox
Mmm, flambéed vulpine.
"There is no enemy, there is no victory, only boys who lost their lives in the sand."
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07-28-2011 10:23 PM
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thewake Offline
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Post: #9
Re: A Solution To Our Debt Crisis

I'm thinking a Balanced Budget amendment, taxing limitations, and an end to the Federal Reserve's inflationary policies.

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07-28-2011 10:24 PM
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Aya Offline
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Post: #10
Re: A Solution To Our Debt Crisis

Collect all back taxes owed to the US. There's enough money owed to the government right now by it's own citizens that even if we factored in the cost of labor (IRS) and court costs (trials for those who fight collection) we should still be able to cut our deficit in half.

Edit: And stop printing out refunds. Either take the money or don't. But there is no reason with today's technology that we can't revise the W2 form to gives more accurate representation of a persons tax liabilities. Printing millions of refunds every year is a waste of time reasources and labor. Not only that, but thanks to inflation, the money you get back is never worth the amount you put in.
07-28-2011 10:25 PM
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thewake Offline
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Post: #11
Re: A Solution To Our Debt Crisis

Ayliana Wrote:Collect all back taxes owed to the US. There's enough money owed to the government right now by it's own citizens that even if we factored in the cost of labor (IRS) and court costs (trials for those who fight collection) we should still be able to cut our deficit in half.
Assuming the money is still there to get.
But cutting the deficit in half still wouldn't bring the crisis under control, not when Obama is spending a lot more than even Bush did. We need to eliminate the deficit, which means reforming how the system operates and forcing the hands of those in power to actually spend only as much as they take in.

Not that doing that wouldn't help, but I think it's probably a very politically poisonous solution.

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07-28-2011 10:29 PM
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Aya Offline
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Post: #12
Re: A Solution To Our Debt Crisis

Trust me, most of it is still there.
07-28-2011 10:41 PM
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Miller0700 Offline
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Post: #13
Re: A Solution To Our Debt Crisis

"It is good that most people don't understand our banking and financial system. For if they did there would be a revolution by morning."
Henry Ford

Previously known as Derchin.
07-29-2011 09:55 AM
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Absnt Offline
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Post: #14
Re: A Solution To Our Debt Crisis

Weswammy Wrote:I'm thinking a Balanced Budget amendment, taxing limitations, and an end to the Federal Reserve's inflationary policies.

This, also.

It's a start, and the amendment would probably keep this shit from happening again. (Well, hopefully lol.)

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07-29-2011 10:00 AM
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Miller0700 Offline
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Post: #15
Re: A Solution To Our Debt Crisis

Weswammy Wrote:I'm thinking a Balanced Budget amendment, taxing limitations, and an end to the Federal Reserve's inflationary policies.

Previously known as Derchin.
07-29-2011 10:07 AM
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Efs Offline
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Post: #16
Re: A Solution To Our Debt Crisis

Derchin Wrote:"It is good that most people don't understand our banking and financial system. For if they did there would be a revolution by morning."
Henry Ford
I know very little about the whole financial system and not much about economics. Stock markets and shares confuse me, especially those funny graphs. I get mindfucked with all the numbers.

(01-10-2012 02:15 PM)Maelstrom Wrote:  Efs, your nihilism is beautiful.
07-29-2011 05:24 PM
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Alucard483 Offline
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Post: #17
Re: A Solution To Our Debt Crisis

1) Legalize weed and tax it like smokes and alchohol.
2) Then tax the potato chip and pizza buisness.
3) Have someone that isnt a dumbass run through the prisions systems and release enough people to condense that shit down and close at least a few. Shits expensive yo.
4) Use the remaining prisioners as a slave labor of sorts. Repair the highways and shit for free.
5) Cut back on, if not end the War on Drugs.
6) No more aid money to Isreal lol.
7) How about no long term foreign aid money at all?
8) STEEP import taxes on damn near EVERYTHING. In turn it will cause the American industrial system to revive itself and that will create more jobs that can then in turn be taxed.
9) No more government handouts, except veterans benifits.
10) Bonds. Sell the FUCK out of those bitches. Dont know how they will make it work, but thats not my problem. Just fucking sell em.

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07-31-2011 10:34 PM
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John Tuttle Offline
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Post: #18
Re: A Solution To Our Debt Crisis

Make a 5 Trillion Dollar Coin:
http://www.slate.com/id/2300428/

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08-01-2011 06:04 AM
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Phrozen_Soul Offline
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Post: #19
Re: A Solution To Our Debt Crisis

John Tuttle Wrote:Make a 5 Trillion Dollar Coin:
http://www.slate.com/id/2300428/

Make a $20 trillion dollar coin, pay off debts, put rest in bank account for fuck up money.

"Ask them no more questions, never hear them lying"

People say the problem with me is I have psychotic tendencies and care not about other human beings I don't like and or know. So?
08-01-2011 06:16 AM
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The Desert Fox Offline
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Post: #20
Re: A Solution To Our Debt Crisis

Phrozen_Soul Wrote:
John Tuttle Wrote:Make a 5 Trillion Dollar Coin:
http://www.slate.com/id/2300428/

Make a $20 trillion dollar coin, pay off debts, put rest in bank account for fuck up money.
Problem, China?

Hidden stuff:
(11-27-2011 01:00 PM)psychopath Wrote:  
(11-27-2011 10:52 AM)Efs Wrote:  Our Army is more professional than Amerika. Smile
Except ours isn't allowed to have guns
CrayolaColours Wrote:That post owned. TDF wins post of the year.
Faby Wrote:
krissy Wrote:dessert fox
Mmm, flambéed vulpine.
"There is no enemy, there is no victory, only boys who lost their lives in the sand."
[/center]
08-01-2011 07:47 AM
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Blobthe15 Offline
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Post: #21
Re: A Solution To Our Debt Crisis

The Desert Fox Wrote:
Phrozen_Soul Wrote:
John Tuttle Wrote:Make a 5 Trillion Dollar Coin:
http://www.slate.com/id/2300428/

Make a $20 trillion dollar coin, pay off debts, put rest in bank account for fuck up money.
Problem, China?

Well we also have to think about what would happen to the dollar if a 5 trillion dollar coin was made. Would it make the money we have now worthless?

Hidden stuff:
Rebelnerd:
Again, I agree with you. School does teach you things. And once again, you are missing the point entirely. It's not that I disagree with school's mission or the things it teaches. What I object to is that the students are deprived of any choice in the matter. As benign as the intentions may be, any system that forces people into an environment where they have no say in their lives is a situation ripe for abuse of power.

I am Blobthe15, creator of threads that die too quickly.

Hidden stuff:
[Image: 58jT6.gif]
Weswammy Wrote:
The Desert Fox Wrote:Down with Soulriser! It is time for the God of Gods to become the Fallen God of Fallen Gods!
You'll end up like Prometheus, chained to a rock with a bird eating your internal organs.

Or as close as that can be recreated on an internet forum.
[Image: oC8W8.png]

(02-08-2012 01:06 PM)Lunatic Wrote:  everyone says emo is like a music style or hair stile or clothing or cutting yourself but i think its like a sexuality just like being gay but a different kind of gay just like transexuals you know
08-01-2011 08:14 AM
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batboy138 Offline
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Post: #22
Re: A Solution To Our Debt Crisis

John Tuttle Wrote:Make a 5 Trillion Dollar Coin:
http://www.slate.com/id/2300428/
To do that, the U.S would need 5 trillion dollars worth of gold to give it any monitairy value.

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08-01-2011 10:09 AM
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Thought Criminal Offline
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Post: #23
Re: A Solution To Our Debt Crisis

Alucard483 Wrote:1) Legalize weed and tax it like smokes and alchohol.
2) Then tax the potato chip and pizza buisness.
3) Have someone that isnt a dumbass run through the prisions systems and release enough people to condense that shit down and close at least a few. Shits expensive yo.
4) Use the remaining prisioners as a slave labor of sorts. Repair the highways and shit for free.
5) Cut back on, if not end the War on Drugs.
6) No more aid money to Isreal lol.
7) How about no long term foreign aid money at all?
8) STEEP import taxes on damn near EVERYTHING. In turn it will cause the American industrial system to revive itself and that will create more jobs that can then in turn be taxed.
9) No more government handouts, except veterans benifits.
10) Bonds. Sell the FUCK out of those bitches. Dont know how they will make it work, but thats not my problem. Just fucking sell em.
All the fucking way man. Honestly though I don't see a problem with programs like social security or unemployment if we can afford it, but we cant. The point of a government is to protect and assist its citizens. Aid during old age is a sensible thing to do.
However it is extremely illogical to continue it with our current system of "Spend what the fuck ever and worry about it later"
Once (If ever) the deficit is eliminated and we institute new regulations to limit the spending power of government to what they take in I see no problem with programs like Social Security as long as they are run responsibly. Which, sadly, is something our government seems incapable of doing.
08-01-2011 10:33 AM
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John Tuttle Offline
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Post: #24
Re: A Solution To Our Debt Crisis

batboy138 Wrote:
John Tuttle Wrote:Make a 5 Trillion Dollar Coin:
http://www.slate.com/id/2300428/
To do that, the U.S would need 5 trillion dollars worth of gold to give it any monitairy value.
Wrong. The material value of a coin does not have to equal its designated face value. For example, the metals used in one penny are actually slightly more valuable than said penny. If the Treasury decides to print out a piece of tin and say it is worth a trillion dollars, it can do that. And America hasn't been on the gold standard for ages, anyways.

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08-01-2011 11:43 AM
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gore goroth Offline
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Post: #25
Re: A Solution To Our Debt Crisis

John Tuttle Wrote:Make a 5 Trillion Dollar Coin:
http://www.slate.com/id/2300428/
And start a new depression with hyperinflation.

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08-01-2011 12:29 PM
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Phrozen_Soul Offline
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Post: #26
Re: A Solution To Our Debt Crisis

gore goroth Wrote:
John Tuttle Wrote:Make a 5 Trillion Dollar Coin:
http://www.slate.com/id/2300428/
And start a new depression with hyperinflation.

Lets turn into Zimbabwe! Wait, they did exactly this. They had trillion dollar bills. And it's all worthless. Maybe it's not such a good idea.

"Ask them no more questions, never hear them lying"

People say the problem with me is I have psychotic tendencies and care not about other human beings I don't like and or know. So?
08-01-2011 12:43 PM
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Thought Criminal Offline
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Post: #27
Re: A Solution To Our Debt Crisis

We need a return to the gold standard as well. It would help prevent this hyper inflation which is part of what caused this mess we are in in the first place.
08-01-2011 01:11 PM
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Prince Rilian Offline
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Post: #28
Re: A Solution To Our Debt Crisis

The individuals who made the decisions should be held responsible.

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08-01-2011 01:16 PM
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Thought Criminal Offline
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Post: #29
Re: A Solution To Our Debt Crisis

They wont be.
The ones who punish criminals are also the ones in charge. Just look at Nixon. He's a prime example. They all look out for eachother.
08-01-2011 01:26 PM
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jnkbortka Offline
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Post: #30
Re: A Solution To Our Debt Crisis

Balanced budget amendment
08-04-2011 11:07 AM
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