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State Of The Union Address

Started by Klavdy, January 25, 2012, 07:27:47 PM

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rktmanfj

Quote from: bugboy on February 27, 2012, 10:08:47 AM
If you took those pallets of $100.00 bills ($1,000,000.00 per pallet) and placed them in the Lincoln Memeorial reflecting pool, you'd have to stack them 6 pallets high to get equal the 15 trillion dollar debt. That pool is 2,029 feet long and 167 feet wide and the pallets would be approximately 2 stories high.

It would only take about 1,500 semi trailer loads to transport that many $100.00 bills requiring app. 15 mile long convoy.

California's real estate value is 4.4 trillion,,,, all we have to do is sell 4 Californias and we'll be "in the black".  Maybe the Chinese would like to buy Hawaii, California, Washington and Oregon and call it even.  Or we could could sell the the eastern seaboard (Maine through Florida) and call it good.

How about keeping those, and selling them everything in between?     :morning1:

bugboy

Quote from: rktmanfj on February 27, 2012, 10:11:18 AM
Quote from: bugboy on February 27, 2012, 10:08:47 AM
If you took those pallets of $100.00 bills ($1,000,000.00 per pallet) and placed them in the Lincoln Memeorial reflecting pool, you'd have to stack them 6 pallets high to get equal the 15 trillion dollar debt. That pool is 2,029 feet long and 167 feet wide and the pallets would be approximately 2 stories high.

It would only take about 1,500 semi trailer loads to transport that many $100.00 bills requiring app. 15 mile long convoy.

California's real estate value is 4.4 trillion,,,, all we have to do is sell 4 Californias and we'll be "in the black".  Maybe the Chinese would like to buy Hawaii, California, Washington and Oregon and call it even.  Or we could could sell the the eastern seaboard (Maine through Florida) and call it good.

How about keeping those, and selling them everything in between?     :morning1:

Works for me. My wife is Chinese,,,,, maybe she could get a job as a Govenor or some shit like that.  I'm sure she could then hook me up with some sweet job like "communist party enforcer" or something.  I'd like something that would give me the "authori-tie" to go around and whack people in the shins with my night stick! (Although I might have to trade my FJ for a "big wheel" and mirrored sunglasses.

Klavdy

"This president, and to a lesser extent his predecessors, have screwed our children and grandchildren worse than Catholic priests.

Dan"

Beautiful post, Dan.
You got sex, politics and religion all in one.
Well done, 10/10.
"This guy has got to go. The single most offensive individual I have experienced on the web.
MALO PERICULOSAM LIBERTATEM QUAM QUIETUM SERVITIUM

i is a professional website designer, I've built over 100's of sites
And yea I actually get paid for it. about 150 and hour.

terryk

Quote from: Klavdy on February 27, 2012, 07:47:03 PM
"This president, and to a lesser extent his predecessors, have screwed our children and grandchildren worse than Catholic priests.

Dan"

Beautiful post, Dan.
You got sex, politics and religion all in one.
Well done, 10/10.

"and to a lesser extent his predecessors" - and so unbiased and fair. Bravo. (popcorn)

Dan Filetti

Quote from: terryk on February 27, 2012, 07:59:27 PM
"and to a lesser extent his predecessors" - and so unbiased and fair. Bravo. (popcorn)

As I have for many years, I am talking about DEBT.  Surely Terry, even you can't dispute the fact that the debt has risen faster and with more vigor under "O" than ALL of his predecessors.

So this statement is accurate, and unbiased, and fair.

Hrumph!

Dan





Live hardy, or go home. 

Bob

Quote from: Dan Filetti on February 27, 2012, 08:23:50 PM
...
As I have for many years, I am talking about DEBT.  Surely Terry, even you can't dispute the fact that the debt has risen faster and with more vigor under "O" than ALL of his predecessors.
...
An interesting point of view on the cause of recent US debt...
http://www.washingtonpost.com/blogs/ezra-klein/post/column-doing-the-math-on-obamas-deficits/2011/08/25/gIQALDBchQ_blog.html

Bob N.
'93 FJ
'17 V-Strom DL650
Whitby, ON

simi_ed

Bob, did we have another election & put Bush back in office?  And further, regardless of the so called "cost of tax cuts", your citation ignored the elephant in the room, the 0bamacare costs. 

Here's some actual data on federal surplus/deficit spending, and therefore national debt:

2001:  128.5
2002: -157.8
2003: -377.6
2004: -412.7
2005: -318.3
2006: -248.2
2007: -160.7
2008: -458.6
2009: -1412.7
2010: -1293.5
2011: -1300 (Bloomberg estimate)

So, by my quick addition:, Obama has already spent us more than a trillion dollars into debt than Bush did.  While I'm not here to defend Bush, 0bama IS surely spending us into oblivion, regardless of MS-LSD-NBC, Washington Post or anyone that posts here.

Here's some more info:  This story that we're going to "power out" of the huge debt is a laugh!  Obama is spending virtually every penny he's hoping to raise on more federal spending


Tax hikes won't work:
Britain's Telegraph newspaper reported that the U.K. Treasury–in the first test of the wealth tax policy introduced last year–received 509 million pounds less for January than the same month in 2011. The Treasury had projected that monthly revenues would actually increase by more than 1 billion pounds. ...
http://www.telegraph.co.uk/finance/personalfinance/consumertips/tax/9097219/50p-tax-rate-failing-to-boost-revenues.html

We need to spend less money.  Anything else is going to bankrupt the USA. 
-- RKBA Regards,

Ed
===
Ed Thiele 
Simi Valley, CA -- I no longer have SoCal manners.
'89 FJ12C (Theft deterrent Silver/White)


- All that is necessary for the forces of evil to win in the world is for
enough good men to do nothing.

- Edmund Burke

Dan Filetti

Quote from: Bob on February 28, 2012, 06:14:04 AM
An interesting point of view on the cause of recent US debt...
http://www.washingtonpost.com/blogs/ezra-klein/post/column-doing-the-math-on-obamas-deficits/2011/08/25/gIQALDBchQ_blog.html



Where in here is the 1.6 Trillion in TARP $$ that Obama spent?  I always doubt the veracity of these, especially when magically better projections are stretched out to 2017.  Interestingly, neither the CBO nor the Treasury projections are quite as rosy (they both show the debt as ever-increasing) -so I really don't know where these numbers come from.  (See below for where my numbers come from.)

If you look at current debt, and historical debt (as indicated by the US treasury) the appalling growth of the debt is crystal clear:

2000:   5.757*   Trillion  
2008:   9.468*   Trillion
Today: 15.406*  Trillion

8 years of Bush, the debt grew: 3.711 Trillion.  

3 years of Obama, the debt grew: 5.938 Trillion (so far!).

THINK about that folks.  Bush was bad about increasing the debt, no doubt. However it was Obama that went next-gen reckless on debt. It would be just plain irresponsible to vote for this clown again.

Vote the bum out!

Dan

* Source: http://www.usdebtclock.org/index.html -To see the 2000, and 2008 numbers use the "Time Machine" feature in the top right.*  These numbers are based on the US Treasury figures.









Live hardy, or go home. 

Klavdy

I love coming to America and I'm really looking forward to catching up with and riding with my mates.
Big ride planned, WCSR and the Colorado thing.
Is there a name for the C.O Rally?
Or a theme?
We should have a theme.
I'm proposing hats.



"This guy has got to go. The single most offensive individual I have experienced on the web.
MALO PERICULOSAM LIBERTATEM QUAM QUIETUM SERVITIUM

i is a professional website designer, I've built over 100's of sites
And yea I actually get paid for it. about 150 and hour.

Dan Filetti

Quote from: Klavdy on February 28, 2012, 08:16:18 AM
We should have a theme.
I'm proposing hats.



Nice hat.  If the shoe (hat) fits....


Dan
Live hardy, or go home. 

Dan Filetti

Quote from: Klavdy on February 28, 2012, 08:16:18 AM





Test, I wondering why Klavdy's second picture did not show up. I think it was the URL sizing, so I removed them to see if it shows up.

Hmmm, ignore this, I am just experimenting...
Live hardy, or go home. 



Bob

Quote from: Dan Filetti on February 28, 2012, 07:53:13 AM
...
Where in here is the 1.6 Trillion in TARP $$ that Obama spent?  
...

From the article: "TARP? That passed under George W. Bush, and most of it has been repaid.".

Quote from: Dan Filetti on February 28, 2012, 07:53:13 AM
THINK about that folks.  Bush was bad about increasing the debt, no doubt. However it was Obama that went next-gen reckless on debt. It would be just plain irresponsible to vote for this clown again.

Vote the bum out!

There ain't no such thing as a free lunch... I don't think it matters who is in office.  For 2011, the U.S. federal budget had 6% ($227B) for interest payments, and that's with very low interest rates http://en.wikipedia.org/wiki/United_States_federal_budget. Watch what happens when rates go up. Canada got serious about deficit reduction when interest payments went past 30% of the budget. Nothing will change until it hurts. Ask the Greeks.
Bob N.
'93 FJ
'17 V-Strom DL650
Whitby, ON

Klavdy

Quote from: Bob on February 29, 2012, 07:16:34 AM


Nothing will change until it hurts. Ask the Greeks.


Oh Spiros, try the front and stop shtupping me in my bottom, it hurts.
"This guy has got to go. The single most offensive individual I have experienced on the web.
MALO PERICULOSAM LIBERTATEM QUAM QUIETUM SERVITIUM

i is a professional website designer, I've built over 100's of sites
And yea I actually get paid for it. about 150 and hour.