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To: Gaffer

Agreed! But don’t just “balance” the budget cut spending enough that the national debt can start being paid down!!


11 posted on 01/23/2013 8:47:50 AM PST by jimmyo57
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To: jimmyo57

I say we take the extra money we need to pay down the debt from the Union Pension funds....ha ha....


14 posted on 01/23/2013 8:49:13 AM PST by Gaffer
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To: jimmyo57

The National Debt CAN NEVER BE PAID DOWN, All money in the US is “created” out of debt, first at the Federal Level, and second at the Commercial Bank Level where that debt is used as the basis to “create” roughly $9 to be lent out for each $1 of DEBT actually held. Were we to actually “Balance” the Budget we would instantly be in a Depression, should we attempt to pay down any Federal Debt, severe Depression is Guaranteed, All of this is by Design by the Moneychangers and their Puppets in Congress. The single greatest reason Obama is racking up Record Deficits is because the People are Shedding Debt enmasse, our Monetary System “REQUIRES” an ever expanding DEBT, if the People Don’t Borrow, Government MUST make up the Difference. Unless of course You think we are ready to back to 19 cent loaves of bread and $25,000 Brand New homes, $2500 New Cars,...Like it was Before Nixon Officially recognized the Bankruptcy of the US in 1971.


19 posted on 01/23/2013 9:05:23 AM PST by eyeamok
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