Performance Boats Forum banner

1 - 20 of 22 Posts

·
Red Blooded American
Joined
·
15,853 Posts
Remember that the dems took control of the house and senate in 2007. That when debtastrophe began at the level we see today.

deficit by year.jpg
 

·
Premium Member
Joined
·
25,975 Posts
Lumpy, I go on there about once a month to see if there are any change trends in things like consumer debt, morgage debt, unemployment, and number on assistence, etc. The debt is given, its going up at an alarming rate, and that fine with 1986, R&J, CVX and shue.

I found it intersting that where it now has the sequester cuts and % to spending, there use to be the debt ceiling amount. Last month before the nudged the ceiling temporarily, that number was "flashing" because we had exceeded it.
There was a link to tell you what the government does in that event. It was hilarious. It had to be have written by CVX.
Cease bonds sales, duh!!!! Few other rediculous, mean nothing moves while the government wasexceeding its credit line on the edge of default. too sad!

Did you notice that the sequester cuts are 2.4% of spending, and saved a whopping 14 billion. How brutal is that to the average over paid under worked goverment employee?
But the tax increase percentage is 6.2 percent of spending, taken in an additional 37 billion from the taxpayers, and yet this is not enough for the greedy fucks like R&J, shue and CVX all whining like spoiled children.



100% free webcam site! | Awesome chicks and it is absolutely free! | Watch free live sex cam - easy as 1-2-3
 

·
Boatless Member :(
Joined
·
3,006 Posts
Just shows our whole money system is fake and the average person is really just a slave.
 

·
Premium Member
Joined
·
25,975 Posts
Just shows our whole money system is fake and the average person is really just a slave.
enslavement is the exact word used by the colonialist before the revolution.

Read any of the letters written before and after the revolutionary war regarding England, and you will see the word used over and over. They used the word enslavement more than the word tyranny. Tyranny is easy to determine and deal with. You KNOW what you need to do the shed tyranny. Enslavement is much harder to shed. Specially if the master seizes your guns.



100% free webcam site! | Awesome chicks and it is absolutely free! | Watch free live sex cam - easy as 1-2-3
 

·
Premium Member
Joined
·
4,020 Posts
L
Did you notice that the sequester cuts are 2.4% of spending, and saved a whopping 14 billion.
I saw that too. I'm not clear on how we already saved $14 billion. I figured we were gonna save about $40 billion by the end of the fiscal year in Oct.
 

·
Premium Member
Joined
·
25,975 Posts
I saw that too. I'm not clear on how we already saved $14 billion. I figured we were gonna save about $40 billion by the end of the fiscal year in Oct.
Here is the basic whine from the entitled federal employee. The cuts are 2.4 of the ENTIRE budget. But almost 80% of the budget is non discretionary. Its interest, SS and Medicare. Thats leaves roughly 20 of the budget that has to take the 2.4 TOTAL cut.

Sucks to be them! I hope this rides longer than congress has been waiting for a budget from the WH. I hope this is still in effect when Hilliary has left the WH. This may be our ONLY sign of any cuts from the government ever again in our life time. Or before the SHTF:D

The free ride has been long enough.

SS, and Medicare are going to see some work over, and if it doesn't include 100% stopping of the payments to the "unfunded" recipients, phoney ass fraudulent SSI claims, EBT card carriers, and section 8 dwellers, BEFORE THEY CUT the SS benefits of those that work their whole lives for the shit system, then there may be an small uprisng they wish they hadn't brought on. Thats a can of worms they may not be able to get the lid back on.

Screwing over the average federal employee is much more popular, and they are basically too brain dead to start an uprising. Besides, insubordination could spell the end of their fat ass retirement, if not their job, for trying to kick Obama in the nuts. After all, he is their messiah king.



100% free webcam site! | Awesome chicks and it is absolutely free! | Watch free live sex cam - easy as 1-2-3
 

·
Premium Member
Joined
·
25,975 Posts
Anybody notice that the interest paid by everthing for personal households to the federal government is 3 trillion + already this year?

And that the ONLY thing going DOWN is personal debt and morgage debt. The public is smarter about its personal finaces than the federal government is about the nations.

How stupid is that CVX? shue? R&J? Well 1986. Anybody?

Joe Public got the message, why can't asshats in DC? Why can't Mr Credit Card himself get it. Maybe because he can't even balance a check book? Becuase he still thinks you can lower the price of something 3000%. Or that the sequester will cost 170 million jobs in a work force of less than 150 million. Or maybe he really doesn't give a shit and this is all part of the plan.

Personally, I think that the reason we are here discussing this today, is the lack of leadership. The American people deserve better.



100% free webcam site! | Awesome chicks and it is absolutely free! | Watch free live sex cam - easy as 1-2-3
 

·
Premium Member
Joined
·
4,020 Posts
And that the ONLY thing going DOWN is personal debt and morgage debt. The public is smarter about its personal finaces than the federal government is about the nations.

.
This stat was actually fed to me from the Obama camp before the election, about total debt going down as a BS sign of a good economy, from a leftist FB friend.
I pointed out what you just did, the govt. debt was still going up, and personal debt was going down. Unfortunately that is mostly because peeps can't get credit.

And can the Dems even call themselves left anymore? I don't the USSR or the Chi-coms ever ran this kind of debt.
 

·
Premium Member
Joined
·
25,975 Posts
This stat was actually fed to me from the Obama camp before the election, about total debt going down as a BS sign of a good economy, from a leftist FB friend.
I pointed out what you just did, the govt. debt was still going up, and personal debt was going down. Unfortunately that is mostly because peeps can't get credit.

And can the Dems even call themselves left anymore? I don't the USSR or the Chi-coms ever ran this kind of debt.
Not only is the public debt dropping because credit is tight, but becuase houses aren't selling. No NEW morgage debt is being taken on. Virually nobody is taking out equity loans, either because their house has no equity, or because they wised up.
Interest is an historical low, yet nobody is borrowing. How does that show a strong economy. Just to show you the ignorance of a statement like that, if the government cut taxes to ZERO, and everybody took the extra cash and applied it to their outstanding debt, how does help the economy. :)sphss They are morons!!

There is also a HUGE drop in public debt due to bankruptcies write down, or people waling away from their homes and that morgaage falls off the charts.



100% free webcam site! | Awesome chicks and it is absolutely free! | Watch free live sex cam - easy as 1-2-3
 

·
Registered
Joined
·
6,120 Posts
Not only is the public debt dropping because credit is tight, but becuase houses aren't selling. No NEW morgage debt is being taken on. Virually nobody is taking out equity loans, either because their house has no equity, or because they wised up.
Interest is an historical low, yet nobody is borrowing. How does that show a strong economy. Just to show you the ignorance of a statement like that, if the government cut taxes to ZERO, and everybody took the extra cash and applied it to their outstanding debt, how does help the economy. :)sphss They are morons!!

There is also a HUGE drop in public debt due to bankruptcies write down, or people waling away from their homes and that morgaage falls off the charts.
I quess it all depends on where you live. The house next door sold for $685K in ONE day. 85k more then the house next to it last year. :thumb: Houses in Orange County area are selling very quick these days due to low inventory and the market is strong. :))THumbsUp
 

·
Premium Member
Joined
·
25,975 Posts
I quess it all depends on where you live. The house next door sold for $685K in ONE day. 85k more then the house next to it last year. :thumb: Houses in Orange County area are selling very quick these days due to low inventory and the market is strong. :))THumbsUp
This is a perfect example of fucking morons on the left. They see a house sell and instantly the housing market is back. What a dipshit. God help this country.

Every knows the housing market is 100% determined by how home sales are doing in Orange.
If houses were selling like you say they are, doesn't seems only obvious that morgage debt would be on the increase? Are these people buying these homes with CASH???? How do you seel ALL THESE HOMES YOU TALKING ABOUT, and not have the morgages show up as morgage debt? Magic dimbulb bookkeeping?

Hey dipshit, is the health of the housingh market and the economy as a whole really determined by the sales of EXSITING homes. Thats GROWTH??? How is that??
You manage to hold down a job with that brain of yours? HOW????



100% free webcam site! | Awesome chicks and it is absolutely free! | Watch free live sex cam - easy as 1-2-3
 

·
Boatless Member :(
Joined
·
3,006 Posts
We already know 86 only cares about the metro areas that generally reap the benefits of the centeral government running a defecit. Anything not in those areas is just a shit hole that nobody should bother caring about.
 

·
Registered
Joined
·
1,591 Posts
Heard a radio add for some mortage finanical institution, wish I could remember who it was. Shocked is all I can say . They said they would finance too 250% of value. Thought I was hearing things, which could be the case. Asked at my bank today and they didn't know of anything like this, but said there must be one hell of of a high rate to pay if true. Here we go again, can't wait for the bubble to hit the pin if true...
 

·
Premium Member
Joined
·
25,975 Posts
Heard a radio add for some mortage finanical institution, wish I could remember who it was. Shocked is all I can say . They said they would finance too 250% of value. Thought I was hearing things, which could be the case. Asked at my bank today and they didn't know of anything like this, but said there must be one hell of of a high rate to pay if true. Here we go again, can't wait for the bubble to hit the pin if true...
Not sure how high they are willing to go, but the last round of taxpayer funded QE give away money allows for full refi regardless of the homes current value, IF you have proven to be a "responsible" home owner. I take it take means if you are current on your upside down loan.
Not too sure how many of those there are now. Most hauled ass when the SHTF.


Don't get the idea that any finacial will loan you 250% on the PRUCHASE of a home. Thats not happening. You have to have pretty sterling credit just to get an 80% loan on a purchase.



100% free webcam site! | Awesome chicks and it is absolutely free! | Watch free live sex cam - easy as 1-2-3
 

·
Red Blooded American
Joined
·
15,853 Posts
There's a thousand things wrong with Obama's economy but one thing is sure . . .


No child left a dime.jpg
 

·
Registered
Joined
·
1,591 Posts
Not sure how high they are willing to go, but the last round of taxpayer funded QE give away money allows for full refi regardless of the homes current value, IF you have proven to be a "responsible" home owner. I take it take means if you are current on your upside down loan.
Not too sure how many of those there are now. Most hauled ass when the SHTF.


Don't get the idea that any finacial will loan you 250% on the PRUCHASE of a home. Thats not happening. You have to have pretty sterling credit just to get an 80% loan on a purchase.
You know how we pay attention to commercials, but when the 250 # came up it just stayed there. If I hear it again I will pay a lot more attention to what is said. But the way the gov runs things now, nothing and I mean nothing surprises me...BBD
 

·
Premium Member
Joined
·
7,810 Posts
" A house sell" Reality Like I said before this is happening in my area. Maybe not where you live. Carson isn't it. :rolleyes:

O.C. house-price gains 4th-highest in nation: Lansner on Real Estate Blog: Orange County Register
What it doesn't answer is who is buying them? Are they being bought by people planning on residing, or are they being bought by investors. Also, when property changes hands, it's registered as a sale. Who's holding them?

I'm going to play your game and be lazy and make you do the work. Show me if housing prices are up and people are buying the homes for themselves or if they're being bought by property holding companies and investors.
 

·
Premium Member
Joined
·
25,975 Posts
" A house sell" Reality Like I said before this is happening in my area. Maybe not where you live. Carson isn't it. :rolleyes:

O.C. house-price gains 4th-highest in nation: Lansner on Real Estate Blog: Orange County Register
Hey dipshit. If you sell or trade in your used car or truck, and buy another used car or truck, how is the helping the economy? Doesn't GM and Chrysler still go broke? How are you that fucking stupid and hold a job?



100% free webcam site! | Awesome chicks and it is absolutely free! | Watch free live sex cam - easy as 1-2-3
 
1 - 20 of 22 Posts
Top