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Harry Reid: We'll Raise Debt To $18.7 TRILLION



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I see somebody

Has been watching Secrets Of Oz lol. You're are so right man! Money is what ever we want it to be, what our government Should do is legalize freedom! Introduce some competition because it obvious this paper money isn't working! And how about stop borrowing from people and just print it our selves, with no debt on it. The national debt is so fake man! But I wonder why Andrew Jackson paid it off.... He was the only president to pay off our national debt, I would of just thrown them in prison! Idk what do y'all think?

juan maldonado

Here's what will happen to the economy

We come to believe that everything is fine, then, bam!

http://www.liveleak.com/view?i=3c0_1351184890

Thanks for nothing Harry. Who are the morons that send this guy to Senate?

Free includes debt-free!

Cyril's picture

LMAO

LMAO

When an (almost) irresistible force meets an immoveable object...

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

The market is an immovable object.

Morons, like Reid think that policy trumps economic laws.

Free includes debt-free!

Cyril's picture

Supply-demand, true tangible assets and all that...

Yup. Never ends good to defy the supply-demand laws.

Yet, some still insists on ignoring simple facts of life known for like... what ? centuries ? milleniums ?

To believe instead that printing Monopoly game-like bills is normal creation of money, with or without assets behind... Actually NOT a gram of backing assets preferably for them, and for trillions.

Them throwing oil on fire and expecting to extinguish it like water sometimes does, and only if used properly.

Forcing everybody into debt and debasing the currency to stuff chosen cronies pockets, instead of encouraging savings and fair competition.

Mind boggling fools.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

This was the plan, I believe.

They screw us into the ground with an endless supply of phoney currency.

Then they'll send in the repo men to collect what is owed.

It's an old old game, and Congress is filled with the right kind of suckers.

Free includes debt-free!

Nobody should really be

Nobody should really be surprised by this. We knew this was coming ever since the Ryan Plan was compared to Obama's plan.

Ryan's plan, when it was first being pushed, was continually touted on TV as though it was going to reduce our debt $3T by 2020. I kept hearing that back then and decided to dig a bit into the info.

Turns out, our debt would not be reduced by $3T at all. What they were actually referring to was the 2020 national debt under Ryan's plan compared to the national debt by then under Obama's plan.

Obama was planning to have us $26T in debt by 2020. Ryan's plan was to have us $23T in debt by then... $3T less (what they referred to as a $3T reduction in the (future projected under Obama) debt).

The sad part about all of that is Ryan and the people promoting his plan actually had a lot of people believing that the $3T debt reduction they were advertising was a real reduction in our real debt when in fact it was a projected $3T less than the projected $26T total debt 10 years in the future.

Both Ryan's plan and Obama's plan had us going into more debt.

$18.7T is only a drop in the bucket in regards to how much debt they (the politicians) want to saddle us with.

...

LOL

Maybe that's why they bought all those bullets.

They are going to give people the choice between starving to death ala Zimbabwe or shooting themselves.

"In the end, more than they wanted freedom, they wanted security. They wanted a comfortable life, and they lost it all -- security, comfort, and freedom. When ... the freedom they wished for was freedom from responsibility, then Athens ceased to be free."

They

just don't care at all.

"Endless money forms the sinews of war." - Cicero, www.freedomshift.blogspot.com

You shouldn't care either.

That debt number MEANS NOTHING. It's only purpose is to make everyone think that US corp needs to RAISE TAXES so the sheeple themselves start clammoring for more taxation...

Yes PLEASE STEAL MORE from us before we go over the "fiscal cliff!"

FACT: The "fiscal cliff" is inevitable as long as you keep putting your "full faith and credit" in their PAPER NOTES that are WORTHLESS.

Do you think if it had any other purpose than to pull you around by your emotional strings you would see it on the LAME stream news?

The PROGRAMMING put out by the PTB on your TV has ONE purpose and ONE purpose alone - to BRAINWASH YOU!!!

Cyril's picture

You're right.

You're right, we're already way past over their "fiscal cliff", since the DOW industrial avg itself is ALREADY CRASHING, for years, and big time :

http://www.dailypaul.com/262493/how-would-anyone-make-money-...

As Ron Paul said, the question is now all about how we're going to land ...

http://www.dailypaul.com/262343/ron-paul-were-broke-and-alre...

Time for full awareness :

http://www.dailypaul.com/262602/we-are-terrorists-and-we-hav...

and... "Everyone should own a little ... Can they, will they ?"

http://www.dailypaul.com/261454/the-great-silver-market-myth...

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Sick

Sick

Southern Agrarian