Clown Shoes: Raising the debt ceiling does not increase our debt.

[jem]

cmon big arrow is this really the roof top to make your stand in support of obama on.

There is so much spending and so much debt the fed has to monetize the debt.

(lefties are scared by the co2 chart? it is concerning even if man made co2 does not cause warming)

What about the spending and debt charts.

Where does all this on books and off books financial liability lead?

either a debt load our children can't sustain or
their agreeing to one internation private bank currency in exchange for wiping out the debt.

That will be a return to the people working for the ruilers... the Rollerball world of corporations instead of countries, economic slavery with a police state to enforce it.. and no guns to help the people overthrow.

 

[jem]

or eventually the spending and borrowing will be moderated.

Quote from jem:

cmon big arrow is this really the roof top to make your stand in support of obama on.

There is so much spending and so much debt the fed has to monetize the debt.

(lefties are scared by the co2 chart? it is concerning even if man made co2 does not cause warming)

What about the spending and debt charts.

Where does all this on books and off books financial liability lead?

either a debt load our children can't sustain or
their agreeing to one internation private bank currency in exchange for wiping out the debt.

That will be a return to the people working for the ruilers... the Rollerball world of corporations instead of countries, economic slavery with a police state to enforce it.. and no guns to help the people overthrow.

 

[Fractals 'R Us]

Quote from Tsing Tao:

What a shockingly asinine statement, even for him.

Was the POTUS on-Teleprompter I wonder?

Some speech writer actually had him say that... I get it, insiders are trying to tip us off that the guy is a clueless commie that can't do math.. Oh wait, he's a Democrat, we knew that already

 

[Lucrum]

Quote from Fractals 'R Us:

Was the POTUS on-Teleprompter I wonder?

Teleprompter? I assumed he was on drugs - again.

 

[Lucrum]

Quote from Max E. Pad:

Anyone with half a brain understands that obama would not be raising the debt ceiling if he didnt intend to take on more debt, but roofers arent exactly known for their high IQ now are they?

http://www.elitetrader.com/vb/showthread.php?s=&postid=3875130#post3875130

 

[bigarrow]

Quote from Lucrum:

Actually most of us do know the difference. But then your specialty is making unsubstantiated baseless and stupid assertions.

You did not say one thing of substance in that post Lucrum and you made an unsubstantiated baseless and stupid assertion.

 

[Lucrum]

Quote from bigarrow:

You did not say one thing of substance in that post Lucrum

"Actually most of us do know the difference."
Was the substance cupcake.

and you made an unsubstantiated baseless and stupid assertion.

"But then your specialty is making unsubstantiated baseless and stupid assertions."

Was the substantiated fact based proven indisputable assertion, moron.

 

[stoic]

Quote from Ricter:

Our debt load can be falling even as our debt is rising.

Edit: and you're really spamming the board today.

So..... If my credit card company sends me a notice that they have raised my line of credit from $10k to $15k and I then use that credit to pay my interest and once again max out my credit card, I should expect that my "load" minimum payment on the new debt to go down???? That's just as stupid as what Odumbo said.

Actually we should not be surprised. Before civilization, stupid people did not survive so people got smarter. With civilization, the stupid survived and made more stupid people. Now stupid people tend to have more children. Over time stupid people became the majority. It was only a matter of time for the dim-witted majority to elect a stupid person as President.

 

[Lucrum]

Quote from stoic:

...Actually we should not be surprised. Before civilization, stupid people did not survive so people got smarter. With civilization, the stupid survived and made more stupid people. Now stupid people tend to have more children. Over time stupid people became the majority. It was only a matter of time for the dim-witted majority to elect a stupid person as President.

Absolutely GD right!

 

[Ricter]

Quote from stoic:

So..... If my credit card company sends me a notice that they have raised my line of credit from $10k to $15k and I then use that credit to pay my interest and once again max out my credit card, I should expect that my "load" minimum payment on the new debt to go down????

You don't understand it.