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A Solution To Our Debt Crisis
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Miller0700
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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.
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07-28-2011 01:27 PM |
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Blobthe15
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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.
I am Blobthe15, creator of threads that die too quickly.
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07-28-2011 01:29 PM |
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gore goroth
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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
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Re: A Solution To Our Debt Crisis
LOL AMERICAN CAPITALIST DOGS!
(01-10-2012 02:15 PM)Maelstrom Wrote: Efs, your nihilism is beautiful.
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07-28-2011 04:06 PM |
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psychopath
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Re: A Solution To Our Debt Crisis
who cares
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07-28-2011 07:01 PM |
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Efs
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Re: A Solution To Our Debt Crisis
psychopath Wrote:who cares
(01-10-2012 02:15 PM)Maelstrom Wrote: Efs, your nihilism is beautiful.
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07-28-2011 07:07 PM |
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Absnt
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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
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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.
"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
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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
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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.
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07-28-2011 10:25 PM |
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thewake
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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
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Re: A Solution To Our Debt Crisis
Trust me, most of it is still there.
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07-28-2011 10:41 PM |
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Miller0700
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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.
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07-29-2011 09:55 AM |
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Absnt
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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
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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.
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07-29-2011 10:07 AM |
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Efs
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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.
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07-29-2011 05:24 PM |
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Alucard483
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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
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Re: A Solution To Our Debt Crisis
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08-01-2011 06:04 AM |
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Phrozen_Soul
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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?
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08-01-2011 06:16 AM |
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The Desert Fox
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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?
"There is no enemy, there is no victory, only boys who lost their lives in the sand."
[/center]
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08-01-2011 07:47 AM |
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Blobthe15
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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?
I am Blobthe15, creator of threads that die too quickly.
(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
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08-01-2011 08:14 AM |
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batboy138
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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.
"There's no 'I' in 'Team'." Yeah, but there is a "me" in "Team" spelled backwards!
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08-01-2011 10:09 AM |
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Thought Criminal
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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.
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08-01-2011 10:33 AM |
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John Tuttle
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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
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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
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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?
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08-01-2011 12:43 PM |
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Thought Criminal
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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.
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08-01-2011 01:11 PM |
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Prince Rilian
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Re: A Solution To Our Debt Crisis
The individuals who made the decisions should be held responsible.
Life is good. Jeta është e mirë.
Die lewe is goed.
Het leven is goed.
Zoidberg: What is it, already? What's the cause of your anger?
Leela: I guess I would have to say, I hate you!
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08-01-2011 01:16 PM |
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Thought Criminal
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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.
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08-01-2011 01:26 PM |
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jnkbortka
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Re: A Solution To Our Debt Crisis
Balanced budget amendment
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08-04-2011 11:07 AM |
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