Down the Rabbit Hole.
“There is no real ending. It’s just the place where you stop the story.”
― Frank Herbert
I need a credit card like that.
Even if you had it, you'd be too responsible to use it. The bill always come due somewhere down the line, and usually at the worst possible moment. This is the same.
what blows my mind, is every time I go to the debt clock website, and watch it ticking away...
There's no way on God's Green Earth we can pay back what we owe. I heard on the Fox News Channel that the monthly interest payment right now, without touching the principle, is in excess of 22 billion dollars a month. And rising.
Well either they believe Krugman and debt doesn't matter or they just plan on defaulting on it anyway. Perhaps inflating it away but that would be so much inflation now I believe they are past that point.
The Soviet Union went down the drain because they got involved in expensive wars they couldn't pay for, the lot of the working class grew progressively worse, and finally the old guys in the Kremlin couldn't impose their will anymore. Sound familiar?
It's a really scary world we live in today! I live where warren Buffet lives. He's always weighing in on ways to fix the economy. Someone like him should be in the government, helping them out. The guy lives in a modest home, and is one of the richest men in the US. He made his kids work from the bottom up. They are not the his airs. He has his money going into charities. His kids, which are adults now do very well for themselves. You asked if I've made pumpkin? Yes. We grow our own squash. Did you know that canned pumpkin is often acorn squash? We make a dish, which is our home grown tomatoes, squash, zucchini and onion in a frying pan. We want to grow zucchini next year. I like Pumpkin Soup! I've also made Pumpkin Crisp and Pumpkin Pie. Then just plain pumpkin. I'm not very good with crusts. I've tried a few times. Usually I give up and go buy one.
I'm not trying to be rude here.But I'm sorry but I can't agree with your statement on Buffet about him being in the government to "help them out". He actually promotes raising the debt ceiling:"Warren Buffett said Wednesday the threat to not raise the nation's debt limit "after you've already spent the money" is a "political weapon of mass destruction" comparable to poison gas and shouldn't be used by either party."http://www.cnbc.com/id/101115408He would only make things worse.
I think what she means is that Buffet is an adherent of responsible government spending. He wants to put a choke hold on expenditures, but not repudiate the expenditures we have already made. I guess it's like careening down a steep hill in your car towards a cliff. You can apply the brakes gradually, or pump them, in the hopes of reaching the bottom without burning them up , but maybe you will stop in time. Or you can just push the brakes to the floor and hold them there, thinking "either I stop right now or I'm going off the cliff." My thought is this. The debt ceiling being raised constantly is asinine. But more inane is the hoggish spending that makes it necessary. If we could control the spending, we wouldn't have to raise the debt ceiling. That's simplistic but if there is a solution to this problem (and personally I think it's too late) it will have to be a simple one.
Apparently in Australia people make baked pumpkin, and it is part of their Christmas feast. I've never heard of that, I guess it must be cooked up like sweet potatoes in a big pan. I never thought of pumpkin as something you could make anything out of but pie. Seems like there's a lot more to it than that.
That about sums it up. Until they don't make the different aid payments and then things will get interesting.
If people would look at this from the point of he actually wants to collapse the economy, things would make a lot more sense. That's why he wants to see the food stamps stop, and North Carolina actually became the first ( last night) to say they wouldn't be loading up everyone's EBT cards for November.
I'm not sure it's a deliberate attempt to destroy the country, unless he thinks he could emerge as a sort of Emperor with total dictatorial powers. I think the guy is just stupid, and is surrounded by sycophants who tell him anything he wants to hear. As a result, any kind of stupidity rules and that filters down to us. Or maybe he is just totally insane and that is what he wants. At this point, I'm getting cautious about saying anything is impossible.
heck that looks like Iceland. they went bust and have come back stronger. and also it is a beautiful country...I hope they sort it out soon, it must be a huge worry
It is, Sol. We have a large segment of our population which is totally dependent on the government dole. They also happen to be an ethnic group with a peculiar propensity for looting and rioting. If the "checks" don't go in the mail, you'll be able to read newspapers at night by the light of the fires all over this country. Even the most idiotic of the Roman emperors, like Caligula and Nero, knew better than to cut the dole.
I think they reached a deal to raise the limit again. SOSDD Same Old S##t, Different Day
When I got back on the web after my kids left, Fox was saying the Republicans in the House had totally capitulated, and that Obama had won a complete victory. But I can't see how anything has changed. You can't tell from one minute to the next what's going on.