Thread: Obummer's RE-ELECTION BRIBE !!!

Stossel on the Tuesday, Feb 14, 2012 O'Reilly Factor presented America's Annual Family Budget that, proportionally, reflects America's Annual Federal Budget:

Annual Family Budget:

Annual Income $24,700
Annual Spending $37,900
New Credit Card Debt
($37,900 - $24,700) $13,300
Cumulative Credit Card Debt
Simple Interest 10%
(Cumulative over 4 yrs) $67,898
Proporsed Belt Tightening $385

NOTE: $67,898 /$378 = ~ 176 years + to pay off the debt. Without the interest, which may account for Stossel's Annual Family Debt thru generations to be $153,500.

Addendum: I adjusted Stossel's information by assuming the Simple Interest at 10% to make his final sum of Credit Card Debt of $153,500 more understandable.

What O'Reilly, or Stossel, failed to mention is America's WORLD CURRENCY STATUS.

What Obummer is counting on is that America will continue to have WORLD CURRENCY STATUS. In other words, America is able to pay off its debts simply by printing more money. And, The World accepts our dollar because it has the WORLD CURRENCY STATUS. Please note, The World is presently re-evaluating America's WORLD CURRENCY STATUS.

Proportionally, Greece, probably has a National Debt that is equal to ours. However, Greece's drachma does not have WORLD CURRENCY STATUS. That is why Greece is not able to get away with printing more of its drachmas to pay off its debt.

The population of Greece, alarmingly a harbinger to Europe's overall Socialistic Entitlement System, is in flames because of its outlandish entitlements which its populace refuses to give up.

Obummer is using Europe's DISASTROUS Socialist Entitlement System as his model for America.

Obummer has spent in THREE YEARS what Dubya spent in EIGHT YEARS. As if that is not enough, Obummer wants to add ANOTHER $1.3 TRILLION in his proosed budget, thus adding $5.3 TRILLION to our National Debt during his present term as President ...... proportionally, BY FAR MORE MONEY SPENT BY ANY PRESIDENT IN AMERICA'S HISTORY!!!

Obummer's "CLASS WARFARE'S" ploy of misdirecting the focus of the Nation from the OBVIOUSLY DISASTROUS FINANCIAL DEBACLE, i.e., the "TAX the RICH" solution ? According to Stossel's report, even if ALL the income of the rich together with the profits would be grabbed by the IRS, only 1/3 of the TOTAL DEBT for THAT PARTICULAR YEAR would be reduced. In other words, the Fed Debt FOR THAT YEAR would STILL go deeper into debt by 2/3 of the annual projected amount. Of course, in that hypothetical case the Nation would collapse because ALL the major business would be shut down.

In O'Reilly's opinion, Obummer is attemptiing to get re-elected by bribing America with freebies.

As Charles Krauthammer stated, Obummer's behaviour is "SCANDALOUS". In my opinion, that is an understatement.

Originally Posted by loong

Stossel on the Tuesday, Feb 14, 2012 O'Reilly Factor presented America's Annual Family Budget that, proportionally, reflects America's Annual Federal Budget:

Annual Family Budget:

Annual Income $24,700
Annual Spending $37,900
New Credit Card Debt
($37,900 - $24,700) $13,300
Cumulative Credit Card Debt
Simple Interest 10%
(Cumulative over 4 yrs) $67,898
Proporsed Belt Tightening $385

NOTE: $67,898 /$378 = ~ 176 years + to pay off the debt. Without the interest, which may account for Stossel's Annual Family Debt thru generations to be $153,500.

Addendum: I adjusted Stossel's information by assuming the Simple Interest at 10% to make his final sum of Credit Card Debt of $153,500 more understandable.

What O'Reilly, or Stossel, failed to mention is America's WORLD CURRENCY STATUS.

What Obummer is counting on is that America will continue to have WORLD CURRENCY STATUS. In other words, America is able to pay off its debts simply by printing more money. And, The World accepts our dollar because it has the WORLD CURRENCY STATUS. Please note, The World is presently re-evaluating America's WORLD CURRENCY STATUS.

Proportionally, Greece, probably has a National Debt that is equal to ours. However, Greece's drachma does not have WORLD CURRENCY STATUS. That is why Greece is not able to get away with printing more of its drachmas to pay off its debt.

The population of Greece, alarmingly a harbinger to Europe's overall Socialistic Entitlement System, is in flames because of its outlandish entitlements which its populace refuses to give up.

Obummer is using Europe's DISASTROUS Socialist Entitlement System as his model for America.

Obummer has spent in THREE YEARS what Dubya spent in EIGHT YEARS. As if that is not enough, Obummer wants to add ANOTHER $1.3 TRILLION in his proosed budget, thus adding $5.3 TRILLION to our National Debt during his present term as President ...... proportionally, BY FAR MORE MONEY SPENT BY ANY PRESIDENT IN AMERICA'S HISTORY!!!

Obummer's "CLASS WARFARE'S" ploy of misdirecting the focus of the Nation from the OBVIOUSLY DISASTROUS FINANCIAL DEBACLE, i.e., the "TAX the RICH" solution ? According to Stossel's report, even if ALL the income of the rich together with the profits would be grabbed by the IRS, only 1/3 of the TOTAL DEBT for THAT PARTICULAR YEAR would be reduced. In other words, the Fed Debt FOR THAT YEAR would STILL go deeper into debt by 2/3 of the annual projected amount. Of course, in that hypothetical case the Nation would collapse because ALL the major business would be shut down.

In O'Reilly's opinion, Obummer is attemptiing to get re-elected by bribing America with freebies.

As Charles Krauthammer stated, Obummer's behaviour is "SCANDALOUS". In my opinion, that is an understatement.

If someone who considers this thread important does not make a comment on it (positive or negative)......this thread will evaporate into oblivion first by going to Page 2, then three, etc.

No comments from the squashed LIEberrhoids ?

Understandable.

Originally Posted by loong

No comments from the squashed LIEberrhoids ?

Understandable.

This thread is extremely important. Did you notice the amazement on the faces of the people who Stossel interviewed after he showed them the chart?

I wrote the RNC today and told them I think they should run that chart on the tv screen for months before the election. If voters woke up to what that simple message meant, I think Obama would be gone in a landslide.

Originally Posted by Ex-lib

This thread is extremely important. Did you notice the amazement on the faces of the people who Stossel interviewed after he showed them the chart?

I wrote the RNC today and told them I think they should run that chart on the tv screen for months before the election. If voters woke up to what that simple message meant, I think Obama would be gone in a landslide.

I agree 1000%.

Even the Brainwashed Pathetic LIEberrhoids would finally see Obummer for what he is: A Monumental Fraud, Commie/Socialist whackjob.

This thread is extremely confusing and you need to word it differently for it to make sense. If I can't understand your point in the first 5 seconds of reading its too complicated for a forum post.

Keep it short and simple.

Originally Posted by kenrichaed

This thread is extremely confusing and you need to word it differently for it to make sense. If I can't understand your point in the first 5 seconds of reading its too complicated for a forum post.

Keep it short and simple.

Some information like Quantum Physics isn't short & simple. And, the concepts involved require a certain level of intelligence and knowledge.

The info in the thread is not that complicated if one is 1/2 way intelligent ......and, there are more than one concept involved.

Originally Posted by loong

Some information like Quantum Physics isn't short & simple. And, the concepts involved require a certain level of intelligence and knowledge.

The info in the thread is not that complicated if one is 1/2 way intelligent ......and, there are more than one concept involved.

Kenrichaed,

Didn't mean to be abrupt, but if you read my op-ed more carefully, and spend some time in thinking about the central concepts ....... you'll find that these concepts are CRUCIAL.....and go to the heart of proving Obummer's DISASTROUS FINANCIAL LEGERDEMAIN.

Then, after you understood the concepts involved ..... before criticizing the post as not being "short & simple" ....... see if you can verbalize those important concepts more succinctly without losing the juice involved.