DR. CARSON SHAMES OBAMA ON NATIONAL DEBT
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yeah hes a christian..but dont hold that against him..obama got owned by the doctor..the debt is outrageous..its incomprehensible..
401

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yeah hes a christian..but dont hold that against him..obama got owned by the doctor..the debt is outrageous..its incomprehensible..
401
~ by seeker401 on February 11, 2013.
Posted in USA, World News
Tags: occupy-wall-street, politics
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He knows exactly what he’s doing too. Before the Inauguration he goes on a 5 million dollar tax payer money vacation. He spends money left and right like it’s meaningless. Like I say, he knows exactly what he’s doing though….he wants to bankrupt us and turn us into a socialist/fascist country. He’s already done a great job so far with things like the NDAA and Obamacare to prepare that moment.
No president in history has ever spent as much as Obama and drove us in debt. He literally multiplied the debt in just 4 years, and still people worship this asshole and call him some “messiah” it’s down right sickening.
Sorry I disagree. I dont see Obama as a plotter. I dont see him as an honest guy either. I see him, and most of the officals in the government as looking like deer in the headlights. They have no clue how to handle this. We are at the mercy of lobbyist and analysts to fix this. And you know the Bankers/Wall Streeters are coming up with ridiculous ways to fix the problem.
We are doomed.
obama aint the plotter i agree..hes the puppet..
you cant fix $17T in debt..its not possible..ever..it really is just a question of when..see how many times they can stick a cork in a hole of the dam..and thats just USA..japan is wrecked..greece defaulted no matter what they say..south america looking wobbly again..not pretty
You’re right but you can tell they don’t really care at all…..Obama don’t and neither do the rest of them. They don’t look at this as a huge thing, and say “let’s work together” instead they are too busy pointing fingers and trying to put the blame on each other.
There’s no way to fix it at this point, we are so screwed. When the dollar collapses, this country is going to be in a for huge rude awakening.
The sad thing is the US Govt has known about the financial mess since ’08. The former head of the Government Accounting Office (GAO) put out a documentary about it in ’08. They figured then that if the government made drastic, painful cuts by 2010, there was a chance to fix it. Well, the Gvt did the opposite and racked up more debt.
Heres the very professionally produced documentary:
that one has to go in the queue! once debt was over 2-3T it was out of control really..
the debt is outrageous..its incomprehensible..
Jct: No it’s not, it’s simply exponential. Under the rule of 72, if it doubled in 4 years, that’s simply an effective interest rate of 72/4=18%. Of course, that’s just the growth of the original debt. So maybe it only half doubled in 4 years and the other half is new debt. That’s an effective interest rate of 9%. Big deal. Doubling and doubling is how exponential works. The higher the rate, the faster the double, that’s all. Outrageous, sure, incomprehensible, not if it’s predictable.
Well I can’t comprehend a number that large so for me it’s incomprehensible
that’s what meant.