President Obama Bankrupts America

[Sleepy Raisin]

So, there's been talk about what Obama plans on doing for our country will potentially bankrupt America.
Of course my sources arent very reliable but I think it'd be a good debate topic.

Bill O'Reilly, Fox News 2013(after Obama's inauguration speech)
"Talking Points" disagrees with President Obama's priority, although social justice is a noble goal. It is simply impossible to do what the President wants to do. In short, prosperity for every American can't be done no matter how much money you spend. Much more effective is building a strong society based upon a robust free market and effective, effective social programs. That provide opportunity rather than charity.
As the President should know by now the federal government cannot provide for 320 million people. And the danger is that Mr. Obama's persistent attempts to do that to redistribute prosperity will bankrupt the nation, causing pain to everyone and making it impossible for poorly educated or disadvantaged Americans, whom he cited, to even make a living.
The President's 19 minutes address today was not an urgent call for Congress to reform entitlements, simplify the tax code, provide effective oversight on economic abuse or even stimulate the economy. None of that, none of it was on display.
So it is quite clear that the President is willing to go down in history as a crusader for social justice no matter what happens to the economic fabric of the country. He does not want to cut government spending. He does not want to reform entitlements that are now directly threatening the American treasury. Unless there is a radical change in the President's thinking, few problems will be solved over the next four years. We'll simply get more of the same.

Thoughts?

[Taryn98]

Well I can't say that he wants to bankrupt America but the fact remains that he has increased the debt over $6 trillion in 4 years, when the next worst president (Bush) increased it $5 trillion over 8 years.

Between the two of them I'd say America is in serious trouble.

The spending problem here is not just from one side or the other. Both have spent way too much, and our future promises of social security/medicare/medicaid are not sustainable.

[Silicate Wielder]

honestly we are rather close to banruptsy, we're already borrowing a lot of money from foreign nations. let just hope that if it does we get taken over by a friendly country. :)

[MisterSix]

he has increased the debt over $6 trillion in 4 years, when the next worst president (Bush) increased it $5 trillion over 8

Because Bush started all these little conflicts in the middle east and turned it all into a massive money sponge of a shit storm

[IAMWILL]

Don't blame the President, blame Congress. Congress sets all the budgets, and legally the President has to spend all the money Congress appropriates. The President can propose a budget, but from there Congress just debates and does whatever the hell they want with it, often without ridicule. Then everyone blames the President.

[Twilly F. Sniper]

When will he realize there's 15 trillion, plenty to pay off the debt we are the richest country yet were trillions in debt. Don't get it.

[Sugaree]

When will he realize there's 15 trillion, plenty to pay off the debt we are the richest country yet were trillions in debt. Don't get it.

15 trillion? Where? Please, enlighten us as to where this money is so we can kill whoever has it.

[Taryn98]

15 trillion? Where? Please, enlighten us as to where this money is so we can kill whoever has it.

I assume he means the US GDP?
But it's not like the governement has that or could use it to pay anything off.

[aldabanana]

In terms of percent GDP, were not as bad as our situation in the Great Depression.

[FreeFall]

Don't blame him, blame our Congress and their many minds that will clash amongst each other or work together against the President when they see fit.

Congress can make laws, ammend the Constitution and has all the power over all decisions affecting the nation as a whole.
They can impeach Obama. But Obama cannot remove any one of them, ever.
They're the hands on immediate effect wielding ones.

[Twilly F. Sniper]

It's in the treasury btw

[Zenos]

Because Bush started all these little conflicts in the middle east and turned it all into a massive money sponge of a shit storm

Wait a minute aren't you rewriting history?

Didn't we get attacked on 9/11,and as a result declare war of the attackers?

Thats a far cry from being the one that starts that war?

Plus from what I have know of history the whole region has a history fo conflict since the re-establishment of the nation of Isreal in the late 40's.

[MisterSix]

Wait a minute aren't you rewriting history?

Didn't we get attacked on 9/11,and as a result declare war of the attackers?

Thats a far cry from being the one that starts that war?

Plus from what I have know of history the whole region has a history fo conflict since the re-establishment of the nation of Isreal in the late 40's.

But your country can't accept that it's broke and it's not going to win. Are these conflicts so important to you that you will bankrupt your country just to prove a point.

[Zenos]

But your country can't accept that it's broke and it's not going to win. Are these conflicts so important to you that you will bankrupt your country just to prove a point.

Did i say anything about My bankrupting my country?

because you are implying that I am willing to.

Plus where is your proof that America is bankrupt?

Also last time i checked a lot of nations on this planet are now at a point of being or going bankrupt.

Also what proof do you have that we can't win.


Plus the only reason we are over there to begin with is because a terrorist organization attacked us first!

I support the reason we went in to Afghanistan,I do not support the reason we wnet in to Iraq,nor do I support the fact we supplied the rebels in Lybia,nor do I support us supplying the rebels in Syria,nor do I support is sending billions a year to such nations as Pakistan to prop them up whenh they would just a ssoon nuke us a slook at us!

[Sugaree]

It's in the treasury btw

So borrow from ourselves to pay off our personal debt...that makes no fucking sense. Your idea is a waste of time, I hope you realize that.

[ackmedsgirl666]

first off i never thought he was a good president
like what the hell does he think hes doing??? this is rediculous
this is why i am happy he doesnt run my country-CANADA

but then again my prime minister isnt any better :@
steven harper has caused enough problems here... debts.....poverty.... ugh...
but then again back on topic i dont agree with what obama is doing...

[IAMWILL]

Guys seriously its not Obama its Congress. Congress controls all aspects of the budget and the President has to spend every cent of the budget Congress creates. Blame democratic congress members if you want, but don't blame Obama.

[Zenos]

Guys seriously its not Obama its Congress. Congress controls all aspects of the budget and the President has to spend every cent of the budget Congress creates. Blame democratic congress members if you want, but don't blame Obama.

Bah I hold them all responsible!

[Silicate Wielder]

the vietnam war still rages to this day, the enemy has more wits and dosn't play by the rules so they can hide. while we go in straight on and do it the old fashioned way. Bouncing betty the deadliest thing to live in the ground, it jumps straight out of the ground and kills you and the other U.S soldiers in range.

not to mention several cities in the U.S have filed bankruptcy

[Twilly F. Sniper]

So borrow from ourselves to pay off our personal debt...that makes no fucking sense. Your idea is a waste of time, I hope you realize that.
We wouldn't be stealing. We'd be saving our country thanks for the critique but I think it's a great plan.

[Sugaree]

We wouldn't be stealing. We'd be saving our country thanks for the critique but I think it's a great plan.

Did I say we were stealing? The idea is just fucking stupidity at its finest. You can't pay off a debt to yourself with money from your savings account. That's what the treasury is: a savings account. You NEVER pull money out of a savings account.

[Harry Smith]

The whole world is facing an economic crisis. I don't know much about high level economics but I know that too much money is being spend on the armed forces. The same applies for Britain. I admit that we need an armed forces to protect our sovereign territory such as the falkands, gibraltar etc. But why are NATO fighting in a country which has always been a graveyard. Britain 1897- the peak of its power unable to conquer Afganistan, the Soviet Union 1980- unable to conquer. NATO 2001-? it must end soon. Why America feels the need for 10 supper-carries I do not know. With bases from Canada to Dubai air support is becoming less of an issue. Yes two carrier would be acceptable but 10?

[Zenos]

The whole world is facing an economic crisis. I don't know much about high level economics but I know that too much money is being spend on the armed forces. The same applies for Britain. I admit that we need an armed forces to protect our sovereign territory such as the falkands, gibraltar etc. But why are NATO fighting in a country which has always been a graveyard. Britain 1897- the peak of its power unable to conquer Afganistan, the Soviet Union 1980- unable to conquer. NATO 2001-? it must end soon. Why America feels the need for 10 supper-carries I do not know. With bases from Canada to Dubai air support is becoming less of an issue. Yes two carrier would be acceptable but 10?

Shhh we are actually gearing up for the final war to Pull the Western Worlds fat out of the firebefore the whole of Western Civilization ends up going down the tubes.

[Harry Smith]

please tell me what lovely ' fat' there is in Afganistan.

[Zenos]

please tell me what lovely ' fat' there is in Afganistan.

:rolleyes: Obviously you don't realize sarcasm when you read it ,or you are just looking for an argument!

Plus I think the way you're being all arguemenative you are one of those that are still pissed King George lost his prize colonies in the new world!

[Harry Smith]

The prize colonies for us was India, that has so much more back then than america had. I supported Blair when he stood by George Bush, I'm a strong Atlanticist, I support NATO. However the fact you seem to post in a subject that you know little about seems weird. I'm happy to talk to anyone about History or politics to anyone, just dont be rude or personal about my views

[Zenos]

The prize colonies for us was India, that has so much more back then than america had. I supported Blair when he stood by George Bush, I'm a strong Atlanticist, I support NATO. However the fact you seem to post in a subject that you know little about seems weird. I'm happy to talk to anyone about History or politics to anyone, just dont be rude or personal about my views


I'll tell you what i'll stop coming across like a hardcase,when you stop talking about things going on in the USA that you know nothing about,and you stop subtly suggesting the Citizens of the USA should turn in their guns when yuo are not a citizen of the US!

How many times do you see Americas telling other nations they should pass out guns to their citizens,not one time,yet people from other countries weigh in on our rights to own weapons and act like we Americans should just turn in out guns.

And again I was talking the New World not Asia as to prize colonies!

[Harry Smith]

The CIA spend over 50 Billion dollars arming Muslims extremists in Afganistan. Thats an example of them funding a populace to arm themself. I'm didn't say thaat I was going to come over and pass the laws through congress to ban Firearms. I simply gave my opionions and you reacted like a rather rude and common yokel. I also study american politics and I take a great interest in it. So yes I do know about it.

[Zenos]

The CIA spend over 50 Billion dollars arming Muslims extremists in Afganistan. Thats an example of them funding a populace to arm themself. I'm didn't say thaat I was going to come over and pass the laws through congress to ban Firearms. I simply gave my opionions and you reacted like a rather rude and common yokel. I also study american politics and I take a great interest in it. So yes I do know about it.

Tell you what how about i come over there and start speading my opinion around that the British should switch there leagal system over so that criminals are considred Innocent until Proven Guilty like it is here in the states?

Again why not when dealing with people of another nation try this Keep your opinion to yourself,when yuo know what you are going to even suggest runs counter to what the people of the nations rights are?

What you did was give opinions you knew would piss an American off,then you rudely start referring to the one that got pissed off as a Yokel,rightist member of the tea patry etc etc.

What you stated was an opinion calculated to piss an American off that values all of his rights very highly!

next time you want to give an opinion make sure it's not meant to piss a person off!

[Harry Smith]

OH Please. This is like sport.
1) In Britain all cases are dealt by the CPS, a person applies for bail. Just like in america. Our courts are very similar. Also how can a criminal be considered ' innocent' a criminal has to commit a crime.
2) please come over to britain and tell us what we are doing wrong, we are not perfect.
3) you called me a ' lover of king george' is that really PC?
4) I did not intend to piss of any americans, I know many democrats who favour my opionions.
5) its called democracy... the First amendment. The right to express an opinion, read your own consitution please.

[Zenos]

OH Please. This is like sport.
1) In Britain all cases are dealt by the CPS, a person applies for bail. Just like in america. Our courts are very similar. Also how can a criminal be considered ' innocent' a criminal has to commit a crime.

( You do not understand the American Justice system then.here even if a person is arrested for a crime with the evidence in hand he is still persumed to be innocent,and it is the Courts burden to prove whether he is actually guilty or not)


2) please come over to britain and tell us what we are doing wrong, we are not perfect.

( I never said you guys where perfect)

3) you called me a ' lover of king george' is that really PC?

(lol that was a crack because of the crack about President Washinton haveing near saint status over here)


4) I did not intend to piss of any americans, I know many democrats who favour my opionions.

( yeh and democrats are notorious for wanting to curb our rights,in their misguided notions that they must protect us from us,but their opinion counts here because they are citizens,thats the thing)


5) its called democracy... the First amendment. The right to express an opinion, read your own consitution please.


WRONG America was founded as a REPUBLIC not a democracy!

[Harry Smith]

A republic is a type of a democracy, a representative democracy, as opposed to a pure democracy, where every decision would have to wait for a popular vote. Have you ever studied any form of politics

[Zenos]

A republic is a type of a democracy, a representative democracy, as opposed to a pure democracy, where every decision would have to wait for a popular vote. Have you ever studied any form of politics

Yes I have and there are difrrences between a reublic,a democracy and a represenative democracy.



and no you have it the wrong way around a democracy is a kind of republic actually.


Democracy means rule of the people. The two most common forms of democracy are direct democracy and representative democracy. In direct democracy everyone takes part in making a decision, as in a town meeting or a referendum. The specific rules may vary: perhaps everyone must agree, perhaps there must be consensus, perhaps a mere majority is required to make a decision. The other, better known form of democracy is a representative democracy. People elect representative to make decisions or laws. Again, specifics vary greatly.

What distinguishes a republic is that it has an elected government. Representative democracies are, therefore, a kind of republic.However, this still allows for a wide spectrum.


Beginning with the Constitution's adoption, America has been a Republic. But the dominant trend over the last two centuries has been to make it into a democracy as well, a representative democracy, also known as a democratic republic. True, the creation of the Constitution itself was partly a reaction against democracy. In states like Pennsylvania, Rhode Island, and Massachusetts, the situation was getting way too democratic for the monied aristocracy that had, since the American Revolution, refused to share power with ordinary men.


Not to meantion America is a Federal Republic


http://en.wikipedia.org/wiki/Federal_republic

[Dooby the potato god]

Haha, Harry and Zenos back to arguing over America's issues.

In all honesty money is a pain. Stay away from it if possible.

[Zenos]

Haha, Harry and Zenos back to arguing over America's issues.

In all honesty money is a pain. Stay away from it if possible.



lol

well money is only good when it has something backing it like you know gold or something like that.

Otherwise it's value drops!

Personally i'm researching the old barter system,for when money has no value:D

[Harry Smith]

I thought zenos had given up on this. All I said orinigally was that since America is a democratic country where one can express there own opinion. Due to the fact that you got your other post locked for ' bashing me due to my location' I suggest that you just leave it at the fact that we both disagree about how the US should be ran. I just hope that one day you will be able to have a civil conversation because this forum is a lovely place to debate

[Majin Vegeta]

Don't blame the President, blame Congress. Congress sets all the budgets, and legally the President has to spend all the money Congress appropriates. The President can propose a budget, but from there Congress just debates and does whatever the hell they want with it, often without ridicule. Then everyone blames the President.

actually he constantly goes against congress using executive order. he's doing this because he wants to

[NORTH.KN16HT]

1) these financial problems were here before him
2) congress is the only to blame...

I wonder how many presidents wish they could just fire them all...