$20 Trillion National Debt for Dummies

[MorTech]

The US Surpasses $20 Trillion In Debt As Bankruptcy and Hyperinflation Loom Closer - YouTube (https://www.youtube.com/watch?v=lQoshf4O4Ys)

[Don Baldwin]

It'll be $30 trillion when Trump is done.

When you borrow nearly 1/4 of your annual budget...when you owe $20 trillion...when you have NO way of EVER paying it back...

You're ALREADY bankrupt.

[mellincf]

We're in debt because we're ALWAYS AT WAR.

Private Defense Contractors Need War to Keep Profits High (http://truth-out.org/buzzflash/commentary/for-profit-defense-contractors-need-war-to-keep-defense-spending-high)

FOCUS | Cheney's Halliburton Made $39.5 Billion on Iraq War (http://readersupportednews.org/news-section2/308-12/16561-focus-cheneys-halliburton-made-395-billion-on-iraq-war)

Companies Making the Most Off of War | Time.com (http://time.com/24735/here-are-the-5-companies-making-a-killing-off-wars-around-the-world/)

It's a scary world...except for defense companies - Jul. 19, 2016 (http://money.cnn.com/2016/07/19/investing/lockheed-martin-earnings-defense-contractor/index.html)

[Don Baldwin]

Military Industrial Complex...you were warned...you didn't listen...it happens a lot...you were warned about diversity and multiculturalism too...you didn't listen.

[MDLNB]

The price you pay for entitlements. War is a pittance in comparison.

War is to maintain your freedom
Entitlements are to maintain your submission (slavery)

[Don Baldwin]

The price you pay for entitlements. War is a pittance in comparison.

War is to maintain your freedom
Entitlements are to maintain your submission (slavery)

War is to maintain dominance.

Entitlements to keep the rabble quiet.

[Wiotte]

War is to maintain dominance.



Entitlements to keep the rabble quiet.



Whole lot of social security rabble in TV.

[Don Baldwin]

Whole lot of social security rabble in TV.

SS is NOT an entitlement.

Welfare is an entitlement. Medicaid is an entitlement. Section 8 is an entitlement. Food Stamps are an entitlement. Earned income credit is an entitlement. Obama phones are an entitlement.

An entitlement is something for FREE, something you receive without paying into.

Almost half the black population receives a government entitlement. 10% or less of white do. Don't believe me? Go to the Leesburg or Wildwood welfare office...any day...and see who's sitting there. Blacks and Hispanics...and 1 or 2 white girls with black kids.

Go on...go down and see for yourself...before you tell me how racist I am for pointing out that FACT.

[dirtbanker]

Jump in your car Wiotte, here is your chance to prove Don wrong!

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[CowBubba]

I would like to see us disban any part of the military that is not required for defense. Way too much money spent on touchy feely BS.

[rubicon]

The price you pay for entitlements. War is a pittance in comparison.

War is to maintain your freedom
Entitlements are to maintain your submission (slavery)

:thumbup:

Some of these posters need to take a peek at that the pie charts for the federal government and each state and they will get a better sense of where taxpayer money is going.
they should pay particular attention at the amounts paid to public unions and especially the unfunded liability for public union pension funds.

Thanks to Obama fiats the military is in desperate need of more ships, more replacements parts for planes, etc.

six of 10 people who apply to the military are rejected because of either obesity or drug use. A a result the military continues to lower standards.

We need to bring back the draft.

Personal Best Regards:

[CowBubba]

:thumbup:

Some of these posters need to take a peek at that the pie charts for the federal government and each state and they will get a better sense of where taxpayer money is going.
they should pay particular attention at the amounts paid to public unions and especially the unfunded liability for public union pension funds.

Thanks to Obama fiats the military is in desperate need of more ships, more replacements parts for planes, etc.

six of 10 people who apply to the military are rejected because of either obesity or drug use. A a result the military continues to lower standards.

We need to bring back the draft.

Personal Best Regards:


Very good points.

[MDLNB]

:thumbup:

Some of these posters need to take a peek at that the pie charts for the federal government and each state and they will get a better sense of where taxpayer money is going.
they should pay particular attention at the amounts paid to public unions and especially the unfunded liability for public union pension funds.


Thanks to Obama fiats the military is in desperate need of more ships, more replacements parts for planes, etc.

six of 10 people who apply to the military are rejected because of either obesity or drug use. A a result the military continues to lower standards.

We need to bring back the draft.

Personal Best Regards:


:agree:

[Paper1]

:thumbup:

Some of these posters need to take a peek at that the pie charts for the federal government and each state and they will get a better sense of where taxpayer money is going.
they should pay particular attention at the amounts paid to public unions and especially the unfunded liability for public union pension funds.

Thanks to Obama fiats the military is in desperate need of more ships, more replacements parts for planes, etc.

six of 10 people who apply to the military are rejected because of either obesity or drug use. A a result the military continues to lower standards.

We need to bring back the draft.

Personal Best Regards:
You really cannot believe the military doesn't have spare parts because they don't receive enough of the federal budget. Are you getting a military benefit of some type? I can't believe anyone out of private sector would say that.

[AJ32162]

You really cannot believe the military doesn't have spare parts because they don't receive enough of the federal budget. Are you getting a military benefit of some type? I can't believe anyone out of private sector would say that.

So, what is your explanation as to why the military procurement and supply system is unable to obtain the spare parts needed to maintain mission readiness?

[wjboyer1]

So, what is your explanation as to why the military procurement and supply system is unable to obtain the spare parts needed to maintain mission readiness?

Easy: the military diverts much needed funds to the current theaters of military action. It costs alot to maintain air support (fuel, munitions, support, not to mention According to the U.S. Navy's 2017 budget, each Tomahawk missile, made by Raytheon Co. RTN, cost $1.59 million and the U.S. used 59 of them on the Shayrat air field in response to a chemical attack that killed over 80 civilians and the air base was used again the next day) but it also has cost the military (yes, us taxpayers) $billions to secure "private" military solutions (Combat Support Associates, Aegis Defence Services or the former Blackwater Security Company, and support companies: Haliburton) whose owners, and benefactors include some of the most powerful figures in Washington DC (i.e.: Dick Chaney). So, things like regular and timely maintenance of......lets take a wild guess......warships are routinely delayed, training for those who actually "drive" those warships was outsourced to CD self learning, and look at what happened.....a couple of our warships got hit by other ships. One of those destroyers was actually one that had the antimissile capabilities that are so urgently needed in the Pacific right now.

Is there a better way of "defending" our country? Sure is! Stop being the world-wide policeman......concentrate on DEFENSE, not go around starting illegal wars that cost the US $trillions, and thousands of young people's lives and futures, and then blaming other politicians for the waste of that money.

Just when did we, as a nation, do anything that actually "defended" our country after WWII? Who actually threatened our country? If you say 9-11, it was terrorists from Saudi Arabia and Egypt that attacked us....not Iraq, not Afghanistan, and who harbored Bin Laden?....Pakistan, not refugees from Syria, or any of the other countries that Trump wants to stop immigration from.

[Don Baldwin]

Easy: the military diverts much needed funds to the current theaters of military action. It costs alot to maintain air support (fuel, munitions, support, not to mention According to the U.S. Navy's 2017 budget, each Tomahawk missile, made by Raytheon Co. RTN, cost $1.59 million and the U.S. used 59 of them on the Shayrat air field in response to a chemical attack that killed over 80 civilians and the air base was used again the next day) but it also has cost the military (yes, us taxpayers) $billions to secure "private" military solutions (Combat Support Associates, Aegis Defence Services or the former Blackwater Security Company, and support companies: Haliburton) whose owners, and benefactors include some of the most powerful figures in Washington DC (i.e.: Dick Chaney). So, things like regular and timely maintenance of......lets take a wild guess......warships are routinely delayed, training for those who actually "drive" those warships was outsourced to CD self learning, and look at what happened.....a couple of our warships got hit by other ships. One of those destroyers was actually one that had the antimissile capabilities that are so urgently needed in the Pacific right now.

Is there a better way of "defending" our country? Sure is! Stop being the world-wide policeman......concentrate on DEFENSE, not go around starting illegal wars that cost the US $trillions, and thousands of young people's lives and futures, and then blaming other politicians for the waste of that money.

Just when did we, as a nation, do anything that actually "defended" our country after WWII? Who actually threatened our country? If you say 9-11, it was terrorists from Saudi Arabia and Egypt that attacked us....not Iraq, not Afghanistan, and who harbored Bin Laden?....Pakistan, not refugees from Syria, or any of the other countries that Trump wants to stop immigration from.

You are so naive...

You did OK with your first paragraph...but the rest...not so good.

We are the worlds "police" because that is what it takes to keep the dollar as the reserve currency. The dollar as world reserve currency gives the US a LOT of perks and advantages. It allows us to spend recklessly.

Why DID we not attack Saudi Arabia where the hijackers came from? OIL

If S.A. wasn't the home of Mecca, the Muslim holy place...we'd have taken it over a long time ago. As it is...we keep whom we want running it...so they provide the world with a lot of oil.

[wjboyer1]

You are so naive...

You did OK with your first paragraph...but the rest...not so good.

We are the worlds "police" because that is what it takes to keep the dollar as the reserve currency. The dollar as world reserve currency gives the US a LOT of perks and advantages. It allows us to spend recklessly.

Why DID we not attack Saudi Arabia where the hijackers came from? OIL

If S.A. wasn't the home of Mecca, the Muslim holy place...we'd have taken it over a long time ago. As it is...we keep whom we want running it...so they provide the world with a lot of oil.

Let's see....other currencies have flourished, or de-valued because of those countries' economic strategies and operations. The "dollar" is no more, nor less vulnerable than other currencies due to the global market, not because the US has a military world wide presence. (who is naive here?)
If OIL is a product that needs protecting then it is up to the oil producer, and the oil transportation companies to pony up for protection, or, at least have OTHER countries provide as much protection as their oil needs are as strong, if not stronger, than the US needs.

If the Trump administration wants to "punish" immigrants from countries that have done us harm, he should actually start with the countries whose citizens HAVE done us harm: Saudi Arabia, Egypt, Pakistan, but because there are huge $ interests in those countries, he has targeted the most needy and vulnerable people for his immigration wrath (logical, isn't it?<sarcastic>)

[MDLNB]

Let's see....other currencies have flourished, or de-valued because of those countries' economic strategies and operations. The "dollar" is no more, nor less vulnerable than other currencies due to the global market, not because the US has a military world wide presence. (who is naive here?)
If OIL is a product that needs protecting then it is up to the oil producer, and the oil transportation companies to pony up for protection, or, at least have OTHER countries provide as much protection as their oil needs are as strong, if not stronger, than the US needs.

If the Trump administration wants to "punish" immigrants from countries that have done us harm, he should actually start with the countries whose citizens HAVE done us harm: Saudi Arabia, Egypt, Pakistan, but because there are huge $ interests in those countries, he has targeted the most needy and vulnerable people for his immigration wrath (logical, isn't it?<sarcastic>)

Where did he say he wished to "punish" them? Seems to me he was more concerned about protecting Americans. Something that liberals do not understand, since they rarely serve their country. Rarely.

[wjboyer1]

where did he say he wished to "punish" them? Seems to me he was more concerned about protecting americans. Something that liberals do not understand, since they rarely serve their country. Rarely.

71465

[rubicon]

You really cannot believe the military doesn't have spare parts because they don't receive enough of the federal budget. Are you getting a military benefit of some type? I can't believe anyone out of private sector would say that.

First, Even though I am "entitled" to VA benefits, I refused to apply when others did. I refused because I would not step in line in front of a vet who served overseas, was injured in action, or made a career of the military. In my view I gained more than I gave serving for 4 years. the military and the people I served with help me become better man.

Secondly. yes I do believe that budgeting problems created by Obama. such stories continue to be published in newspapers , on television, etc. all one has to do is pay attention.

Personal Best Regards:

[wjboyer1]

First, Even though I am "entitled" to VA benefits, I refused to apply when others did. I refused because I would not step in line in front of a vet who served overseas, was injured in action, or made a career of the military. In my view I gained more than I gave serving for 4 years. the military and the people I served with help me become better man.

Secondly. yes I do believe that budgeting problems created by Obama. such stories continue to be published in newspapers , on television, etc. all one has to do is pay attention.

Personal Best Regards:

Curious, but EXACTLY what budget problems were CAUSED by Obama? All budgets must be approved by Congress, and Obama had to deal with a REPUBLICAN majority in Congress for 6 of his 8 years in office....

[rubicon]

Easy: the military diverts much needed funds to the current theaters of military action. It costs alot to maintain air support (fuel, munitions, support, not to mention According to the U.S. Navy's 2017 budget, each Tomahawk missile, made by Raytheon Co. RTN, cost $1.59 million and the U.S. used 59 of them on the Shayrat air field in response to a chemical attack that killed over 80 civilians and the air base was used again the next day) but it also has cost the military (yes, us taxpayers) $billions to secure "private" military solutions (Combat Support Associates, Aegis Defence Services or the former Blackwater Security Company, and support companies: Haliburton) whose owners, and benefactors include some of the most powerful figures in Washington DC (i.e.: Dick Chaney). So, things like regular and timely maintenance of......lets take a wild guess......warships are routinely delayed, training for those who actually "drive" those warships was outsourced to CD self learning, and look at what happened.....a couple of our warships got hit by other ships. One of those destroyers was actually one that had the antimissile capabilities that are so urgently needed in the Pacific right now.

Is there a better way of "defending" our country? Sure is! Stop being the world-wide policeman......concentrate on DEFENSE, not go around starting illegal wars that cost the US $trillions, and thousands of young people's lives and futures, and then blaming other politicians for the waste of that money.

Just when did we, as a nation, do anything that actually "defended" our country after WWII? Who actually threatened our country? If you say 9-11, it was terrorists from Saudi Arabia and Egypt that attacked us....not Iraq, not Afghanistan, and who harbored Bin Laden?....Pakistan, not refugees from Syria, or any of the other countries that Trump wants to stop immigration from.

would you suggest the military defense of this nation resort to a "borrowing from peter to pay paul"?

Would you suggest that this nation turn to a country like North Korea, Russia, China, Iran,et al and ask that they ll play nicely because we can't afford to have our military keep up?

Would you continue to fight for lower budgeting for our military and leave it vulnerable ? In that same vein do you honestly believe we can continue to support an all voluntary military. mercenaries eventually become loyal to the highest bidders. And those who do not participate having no skin in the game could care less
Its not fair. Conscription should be reinstituted and it should be done with with the removal f many of the previous exemptions.

perhaps then we wouldn't have so many outliers roaming the streets complaining about how lousy it is to live in America.

Personal Best Regards:

[wjboyer1]

would you suggest the military defense of this nation resort to a "borrowing from peter to pay paul"?
no, but it is being done now at the expense of the American people's health, welfare, and the environment.

Would you suggest that this nation turn to a country like North Korea, Russia, China, Iran,et al and ask that they ll play nicely because we can't afford to have our military keep up?
pretty absurd statement

Would you continue to fight for lower budgeting for our military and leave it vulnerable ? In that same vein do you honestly believe we can continue to support an all voluntary military. mercenaries eventually become loyal to the highest bidders. And those who do not participate having no skin in the game could care less
Its not fair. Conscription should be reinstituted and it should be done with with the removal f many of the previous exemptions.
you first

perhaps then we wouldn't have so many outliers roaming the streets complaining about how lousy it is to live in America.

Personal Best Regards:
like the KKK, the Alt-right, the neo-Nazis, and fascists

[samhass]

SS is NOT an entitlement.

Welfare is an entitlement. Medicaid is an entitlement. Section 8 is an entitlement. Food Stamps are an entitlement. Earned income credit is an entitlement. Obama phones are an entitlement.

An entitlement is something for FREE, something you receive without paying into.

Almost half the black population receives a government entitlement. 10% or less of white do. Don't believe me? Go to the Leesburg or Wildwood welfare office...any day...and see who's sitting there. Blacks and Hispanics...and 1 or 2 white girls with black kids.

Go on...go down and see for yourself...before you tell me how racist I am for pointing out that FACT.

I think you may mean Bush phones.

[Don Baldwin]

Curious, but EXACTLY what budget problems were CAUSED by Obama? All budgets must be approved by Congress, and Obama had to deal with a REPUBLICAN majority in Congress for 6 of his 8 years in office....

No no no...existing operations go on. If it was already an ongoing budgeted operation...it continues. They can not add NEW items without a budget.



would you suggest the military defense of this nation resort to a "borrowing from peter to pay paul"?

Would you suggest that this nation turn to a country like North Korea, Russia, China, Iran,et al and ask that they ll play nicely because we can't afford to have our military keep up?

Would you continue to fight for lower budgeting for our military and leave it vulnerable ? In that same vein do you honestly believe we can continue to support an all voluntary military. mercenaries eventually become loyal to the highest bidders. And those who do not participate having no skin in the game could care less
Its not fair. Conscription should be reinstituted and it should be done with with the removal f many of the previous exemptions.

perhaps then we wouldn't have so many outliers roaming the streets complaining about how lousy it is to live in America.

Personal Best Regards:

It's getting lousy to live in America because we're being invaded by 3rd worlders.

I think you may mean Bush phones.

Whatever... They're still free and an entitlement.

[wjboyer1]

No no no...existing operations go on. If it was already an ongoing budgeted operation...it continues. They can not add NEW items without a budget.
Exactly, Bush's policies were not repealed....




It's getting lousy to live in America because we're being invaded by 3rd worlders.
more like the hatred groups of the KKK, alt-right, neo-nazis, fascists, and racists all home grown....much like you



Whatever... They're still free and an entitlement. Let's see, the constitution preamble states, "We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of ..."
And, isn't the promotion of the general Welfare of Americans just as important?

[dirtbanker]

And, isn't the promotion of the general Welfare of Americans just as important?
Of Fu(k Yeah, nobody should have to work to support themselves or the children the have created...all a person should have to do is be nice to get a free ride...strike that, they should only have to want a free ride to get one...nevermind, everyone should get a few ride weather they want it or not...and a fancy car too!



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[dirtbanker]

Ohhhh...also free education forever. Free data on all phones...just do away with money all together!

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[Wiotte]

Ohhhh...also free education forever. Free data on all phones...just do away with money all together!

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Don't forget, Medicare for all ! Let's get that wealth transfer flowing.


The growing divide between the haves and the havenots in one stunning chart - MarketWatch (http://www.marketwatch.com/amp/story/guid/6BC67438-155A-11E7-A301-E0E2E4BCD1B0)

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[dirtbanker]

Don't forget, Medicare for all ! Let's get that wealth transfer flowing.


The growing divide between the haves and the havenots in one stunning chart - MarketWatch (http://www.marketwatch.com/amp/story/guid/6BC67438-155A-11E7-A301-E0E2E4BCD1B0)

Sent from my iPhone using TapatalkHeLL yeah, why should people that worked harder, smarter, and longer than most have wealth? They should be happy just to know they were able to do all that work for the same pay as the guy that did nothing his whole life (uh...like wackadoodle).
Do away with the lottery too. It should not matter if your lucky or not...we are all winners!

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[wjboyer1]

ohhhh...also free education forever. Free data on all phones...just do away with money all together!

Sent from my samsung-sm-g890a using tapatalk

71468

[Don Baldwin]

Exactly, Bush's policies were not repealed....





more like the hatred groups of the KKK, alt-right, neo-nazis, fascists, and racists all home grown....much like you



Let's see, the constitution preamble states, "We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of ..."
And, isn't the promotion of the general Welfare of Americans just as important?

Trying to SAVE you and your country from a minority takeover. They ARE the majority...WHY do you think all these statues are coming down? Why names are being changed? Because THEY voted for it and THEIR elected officials want it too.

The founders NEVER imagined the government pretty much supporting an entire race of people. They NEVER imagined the welfare system we have now...a single mother of 4 can receive the equivalent of $60,000 a year. You think that's right? You think that's GOOD?

Of Fu(k Yeah, nobody should have to work to support themselves or the children the have created...all a person should have to do is be nice to get a free ride...strike that, they should only have to want a free ride to get one...nevermind, everyone should get a few ride weather they want it or not...and a fancy car too!



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That IS what the liberals...women and minorities...think...and want. Because NEITHER are capable of surviving without outside help. Where are the great "women led" great civilizations...has there EVER been a true large women run civilization? Not some stone age tribe...a civilization. Same with the blacks...they had no wheel, no draft animals, no writing, no agriculture, they WERE stone age...and we expect them to adapt to a civilization 50,000 years ahead of them?

Ohhhh...also free education forever. Free data on all phones...just do away with money all together!

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Liberals would love that...everything free...someone else does the work...doesn't that sound a LOT like women and minorities.

Don't forget, Medicare for all ! Let's get that wealth transfer flowing.


The growing divide between the haves and the havenots in one stunning chart - MarketWatch (http://www.marketwatch.com/amp/story/guid/6BC67438-155A-11E7-A301-E0E2E4BCD1B0)

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The growing divide is because whites are FALLING in numbers and the poor minorities are GROWING in numbers. But the news twists the truth. Of course the country as a whole is getting poorer...we have more stupid idiot minorities than ever.

71468

https://www.talkofthevillages.com/forums/attachments/villages-florida-political-talk-88/71468d1505595020t-$20-trillion-national-debt-dummies-denmark-happiest-country-world-jpg

Denmark is the happiest country in the world BECAUSE it is a WHITE European country.

"According to 2017 figures from Statistics Denmark, 86.9% of Denmark’s population of over 5,760,694 was of Danish descent, defined as having at least one parent who was born in Denmark and has Danish citizenship."

They are still a WHITE country...what America WAS in the late 1950s. White equals happy...just like here in the villages.

[dirtbanker]

71468

Oh, here's another chance for you to prove Don wrong, jump on a plane!

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[banjobob]

It'll be $30 trillion when Trump is done.

When you borrow nearly 1/4 of your annual budget...when you owe $20 trillion...when you have NO way of EVER paying it back...

You're ALREADY bankrupt.
The huge increase in the debt thanks to the Muslim president and compliant Rinos and media .