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  #16  
Old 06-29-2015, 09:37 PM
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Here Here.!
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  #17  
Old 06-29-2015, 09:47 PM
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Quote:
Originally Posted by Air&Road View Post
If you think that what is happening in Greece could never happen here, think again.
As long as you keep refusing to pay your taxes, you betcha.
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  #18  
Old 06-29-2015, 10:36 PM
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Originally Posted by tjts1 View Post
As long as you keep refusing to pay your taxes, you betcha.
The whole thread is
"Hey -look over There".......... No -not meaning Greece.

meaning take the focus AWAY from the subject , Tax FRAUD.

https://www.youtube.com/watch?v=-BFTr7UVD3w.


Whats REALLY more disgusting than some lowlifes that keep telling themselves this is righteous and~~patriotic--because one of them damn ...... got into the whitehouse ,
----Is
They got their Dear Other involved, I don't know weather someone can be unaware they were named a co operating officer of a NPRO without their own knowledge, unless their signature was forged.
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  #19  
Old 06-30-2015, 12:28 AM
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This whole "The US is the next Greece" thing has been a constant hum on right wing radio for a few years.

All it has ever demonstrated is that whom ever is writing the talking points knows very little about economics, the Euro Zone and why the US has a strong economy vs. the Greek economy.

Two things jumped out at me long ago.....

Greece is in trouble because of austerity measures they put into place to keep them from spending money. Conservatives can't stop talking about how Obama keeps spending money and how this is going to make the US like Greece.

Conservatives fail to notice the economic powerhouse known as the US vs the tourist haven known as Greece.

So the fact is, from an economic standpoint, the US is actually the Anti-Greece.
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  #20  
Old 06-30-2015, 12:58 AM
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Originally Posted by MTI View Post
The whole Eurozone is somewhat like the US, a collection of states. Our "Greece" is Puerto Rico. Could Kansas and Louisiana be next?

So, a fundamental element of "The US is the Next Greece" is missing. Consider too, that the US economy is growing, which is really the big problem in Greece. Austerity has pretty much killed any chance for growth in the Greek economy.
Not before Illinois beats them to that punch. That land of buy many votes with other peoples money is almost out of other peoples money. No broke politicians there. I would bet there will be an influx of retired municipal workers relocating
to northwest IN to collect the money they get for that decade old vote and refuse to give it back.
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  #21  
Old 06-30-2015, 01:03 AM
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Originally Posted by Air&Road View Post
If you think that what is happening in Greece could never happen here, think again.
Correct.

Those receiving any Gov't. assistance/money, should take heed...
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  #22  
Old 06-30-2015, 01:07 AM
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Originally Posted by Skid Row Joe View Post
Correct.

Those receiving any Gov't. assistance/money, should take heed...
I disagree, those on the handout will not ever be cut. Those with their own money in the bank are only allowed to take the equivalent to $66.00 per day of their own money. If they ever cut the purchased vote the politicians loose the next election, and the majority of their income stream.
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  #23  
Old 06-30-2015, 01:10 AM
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Originally Posted by Skid Row Joe View Post
Correct.

Those receiving any Gov't. assistance/money, should take heed...
At what? America's bond/credit rating for being so high?

Yes, I know Ted Cruz tried to get the US credit rating dinged with his government shut down, but even that stunt couldn't harm the US economy.

Now states like New Jersey and Kansas, which have both had several credit downgrades, might drag the US down a bit but they are so small they really don't have much of an impact except on their local economy.
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  #24  
Old 06-30-2015, 01:21 AM
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Originally Posted by Skid Row Joe View Post
Correct.

Those receiving any Gov't. assistance/money, should take heed...
Social Security recipients take note!
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  #25  
Old 06-30-2015, 01:27 AM
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Originally Posted by Idle View Post
At what? America's bond/credit rating for being so high?

Yes, I know Ted Cruz tried to get the US credit rating dinged with his government shut down, but even that stunt couldn't harm the US economy.

Now states like New Jersey and Kansas, which have both had several credit downgrades, might drag the US down a bit but they are so small they really don't have much of an impact except on their local economy.
You must have forgotten that S+P has already down graded our bond from AAA, not as high anymore like it once was. Thank You BHO spending binge. Not headed in the right direction unless you are a taken and not a payer. All of the takers will get raises due to inflation, while the payers will need to give more to offset that.
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  #26  
Old 06-30-2015, 01:32 AM
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Originally Posted by sloride View Post
You must have forgotten that S+P has already down graded our bond from AAA, not as high anymore like it once was. Thank You BHO spending binge. Not headed in the right direction unless you are a taken and not a payer. All of the takers will get raises due to inflation, while the payers will need to give more to offset that.
S&P is only one rating company.

And ALL spending must be approved by the House of Representatives.

Thank you, Republicans, for your spending binge.

Vote of confidence: USA keeps AAA rating from Fitch | America's Markets
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  #27  
Old 06-30-2015, 01:39 AM
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Originally Posted by Idle View Post
S&P is only one rating company.

And ALL spending must be approved by the House of Representatives.

Thank you, Republicans, for your spending binge.

Vote of confidence: USA keeps AAA rating from Fitch | America's Markets
He had a majority Dem house of rep's and Senate when they went wild. Please google where it is headed now, post 2014 elections. Let me know what you find.
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  #28  
Old 06-30-2015, 03:56 AM
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Originally Posted by MTI View Post
Your way of saying you don't know diddly about the Greek economy and why it's an imperfect comparison. I get it. Winfield stick to what you know and you won't always appear to be so terribly foolish.
I understand perfectly that it is not a perfect comparison. I also understand that accruing excessive loan debt can not go on forever. If you think there are not imminent consequences, then YOU are the one displaying na´vetÚ.

Your na´vetÚ is further indicated by your implying that since the deficit is slightly decreasing everything will be fine. News flash, as long as there is a deficit, the debt is INCREASING, not decreasing. Currently, with interest rates low, the debt service costs are low relative to what they will be. What happens when interest rates go back up?

You might want to examine your own knowledge of the situation before slinging insults at others about theirs.
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Last edited by Air&Road; 06-30-2015 at 04:07 AM.
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  #29  
Old 06-30-2015, 04:11 AM
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Quote:
Originally Posted by Idle View Post
At what? America's bond/credit rating for being so high?

Yes, I know Ted Cruz tried to get the US credit rating dinged with his government shut down, but even that stunt couldn't harm the US economy.

Now states like New Jersey and Kansas, which have both had several credit downgrades, might drag the US down a bit but they are so small they really don't have much of an impact except on their local economy.
If I were you, I would wait until after the IMF meeting on October 20th. to make claims about the health of the U.S. bond/credit (as you call it) rating.
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  #30  
Old 06-30-2015, 04:14 AM
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Originally Posted by MTI View Post
We did, all we practically wound up with were more unemployed veterans. We fight wars on credit cards these days.
So just exactly what expense does America have that is NOT on a credit card?
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