Comments on: U.S. National Debt 2008

By: mangoldiger

mangoldiger — Tue, 22 Sep 2009 16:51:05 +0000

HERE IS A MUST SEE MOVIE: “MONEYASDEBT” Google or YouTube it!

By: mangoldiger

mangoldiger — Tue, 22 Sep 2009 16:40:19 +0000

How much of that debt do we owe to the “Federal Reserve” who simply made up the money to buy the treasury bills, notes, bonds?
How come people believe China is the biggest US creditor? Who would give the US government 1000 billion US dollars so they can hand it over to a couple of corrupt banks? Anybody out there? So what do people believe where the money comes from?
WAKE UP AMERICA!

By: rEVOLUTION4TRUTH

rEVOLUTION4TRUTH — Tue, 22 Sep 2009 13:17:18 +0000

Hello Ross and to all…
If we really want to ACTUALLY SOLVE the many problems with our country….WE HAVE TO GO “HOME”….WE HAVE TO “GET BACK TO THE BASICS” OF WHAT MAKES US “GREAT”. And to me, 2 of those CORE ISSUES-BASICS are 1) Our ORIGINAL LAWS which come from OUR DECLARATION OF INDEPENDENCE, OUR CONSTITUTION, THE BILL OF RIGHTS…..and PLEASE let us NOT leave out…..THE FEDERALIST PAPERS (which give support to WHY our forefathers MADE THE DECISIONS THAT THEY MADE AND TOOK THE ACTIONS THAT THEY TOOK…..to “RING OUT THE BELL OF LIBERTY FOR ALL”.
and the second major issue is 2) the SYMBOL OF OUR MUTUAL TRUST AND FREEDOM TO PURSUE OUR LIBERTIES…… OUR MONEY.

Because MANY VERY SERIOUS ISSUES that we face, WE FACE BECAUSE WE HAVE GOTTEN SO FAR AWAY FROM THESE TWO BASICS…..OUR LAWS AND OUR MONEY.ds

By: 142764444

142764444 — Mon, 19 Jan 2009 01:51:22 +0000

What is the interest rate on our National Debt? [Editor - The answer fluctuates because U. S. securities are issued at various rates determined by auction. The Treasury Department does compute the average weighted interest rate for all U. S. debt has not matured. For December 2008, the answer is 3.866%. The average rate is computed each month and published here.]

By: ghbdirect

ghbdirect — Mon, 24 Nov 2008 23:21:34 +0000

Larry is on point and I agree. There is no if trickle down economics will work we know that it did not and never will work. But I also get so tired of these folks talinf about people wanting hand outs. How aboout a hand up! I know Veterans as I am one of them that has been injured in war and can’t get decent healthcare. Are they asking for a hand out?! Iknow men and women that have college degrees and cant find work in their feild so thay work at jobs making half iof what tey could and should be making if the so caled American business stop going over seas. Almost every town that I have visited in the south were i am located that used to be big on industry with plenty of jobs that had upward advancement have closed down . Most of the jobs are in some sort of Service Oriented field. Now i don’t know where you live but you cant make a decent living working at Red Lobster or the Golden Coral and still afford Health Care, Pay rent and put food on the table.

It is also funny how the people that gripe about any form of Government Assistance ,
are the one that don’t need it!
Health care has skyrocketed because of the industries greed. Now if you really beleive all the stuff that you hear on your CFR ran news media then if thee are so many peopleout of work and no hope in the very near future, no job means no pay, no pay mens no insurance, no insurance means no treatment unless it is from some sort of gov intervention.

Stop talking over the people heads and shoot straight.

By: DannyAuito

DannyAuito — Mon, 10 Nov 2008 22:06:04 +0000

Ross, what would really happen if the Feds didn’t step in to bail all these WallStreet thieves out? Our dollar is backed by faith, how much faith is left? Sheesh, they’re going to run out of paper, granted it’s all electronic transfer so maybe not. But man, I just don’t see how catastrophic inflation isn’t a forgone conclusion at this point.

Thanks for always being the voice of reason Ross, I voted for you last time and I’ll vote for you again in whatever efforts you undertake. I wish we had millions more like you, people today just aren’t too bright and too many want handouts! UGH!

By: PacificGatePost

PacificGatePost — Thu, 06 Nov 2008 07:48:32 +0000

THE CAPITAL OF GOODWILL

There may be additional value in the Obama win for a period of time.

Goodwill may mean a deeper well to borrow from to fix the economy.

http://pacificgatepost.blogspot.com/2008/11/americas-obama-capital.html

By: Larry Burgess

Larry Burgess — Mon, 03 Nov 2008 21:47:07 +0000

As we examined the average tax rate incurred for the past 50 years we see that it is approximately 18%. How does this reflect the average tax burden of the average American wage earner? The average american wage earner paid roughly 7% in FICA taxes on top of his income tax. Companies paid in a matching 7%.

How does the average rate seem to reflect a net tax burden of only 11%? What has the upper income strata of America paid in comparison to the total tax rate burden of average americans?

Opponents have argued that raising the upper income tax levels on the rich in our society would be redistribution. I believe that the trickle down theorists that have insulated the rich from paying their fair share are wrong; we have not seen this. In fact we have seen the rich grow far richer, and the middle class and lower income levels lose more and more of their earnings.

I advocate that a restructuring of tax rates must include a flat FICA tax that is unlimited on all, despite the limitations in benefits that will be paid.

By: Larry Burgess

Larry Burgess — Mon, 03 Nov 2008 21:38:22 +0000

As a $700 Billion bail out is funded, our national deficit will surge. Although it appears that Mr. Perot advocated this measure, did he consider how these funds would be used, or argue for limitations on exec comp and benefits, as well as the limitation on paying these funds out as preferred or common stock dividends?

It’s obscene to see the bail out funds used to fund bloated executive comp deals. Goldman Sachs debt to execs exceeded the $10 B it was allocated by more than $1.3 B, and now we’re seeing preferred dividends being paid out by these banks to their richest shareholders as if the loss of earnings never happened. The average American taxpayer just got raped in my opinion.

By: Larry Burgess

Larry Burgess — Mon, 03 Nov 2008 21:33:21 +0000

You’re missing perhaps a trillion dollars in foreign trade deficit debt that is also rising annually and that will be owed exclusively to foreign governments/businesses. Although this is not part of national debt per se, it does affect the value of the dollar in international monetary markets.

The risk foreign sovereign investment funds pose to buy up American companies and hard assets is an imminent threat to our future, as much or more so than the federal budget deficit spending trend that will evolve over the next 20 years.

I hope that a combined analysis of the trade and budget deficit impact on our nation’s ability to stabilize the value of the dollar relative to other international currencies is examined and considered too.