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Republicans say they have plan to wipe out national debt

Posted: April 5th, 2011, 1:38 pm
by Col. Flagg
http://www.cnbc.com/id/42429728" onclick="window.open(this.href);return false;
The Republican budget proposal will eliminate the national debt while still preserving costly entitlement programs like Medicare and Social Security, Rep. Paul Ryan told CNBC.

Speaking just hours before the spending plan gets its formal introduction before Congress, Ryan, head of the House Budget Committee, said the debt will peak at 74.5 percent of gross domestic product in 2014 and then drop from there. :o)
=)) The only way to eliminate the national debt without any dire consequences for the U.S. is to abolish the 'Fed' and destroy the nations of Japan, China and the UK. Other than that, good luck. And, this must be why those wonderful republicans gave 'ole 'W' a blank check for the 'war on terror'. =)) :ymsick: =;

Re: Republicans say they have plan to wipe out national debt

Posted: April 5th, 2011, 1:45 pm
by Col. Flagg
And to show they're serious about getting the debt under control...

http://cnsnews.com/news/article/march-m ... eight-time" onclick="window.open(this.href);return false;
March Madness: U.S. Gov't Spent More Than Eight Times Its Monthly Revenue

(CNSNews.com) - The U.S. Treasury has released a final statement for the month of March that demonstrates that financial madness has gripped the federal government.

During the month, according to the Treasury, the federal government grossed $194 billion in tax revenue and paid out $65.898 billion in tax refunds (including $62.011 to individuals and $3.887 to businesses) thus netting $128.179 billion in tax revenue for March.

At the same time, the Treasury paid out a total of $1.1187 trillion. When the $65.898 billion in tax refunds is deducted from that, the Treasury paid a net of $1.0528 trillion in federal expenses for March.

Re: Republicans say they have plan to wipe out national debt

Posted: April 5th, 2011, 2:24 pm
by Jason
Col. Flagg wrote:http://www.cnbc.com/id/42429728
The Republican budget proposal will eliminate the national debt while still preserving costly entitlement programs like Medicare and Social Security, Rep. Paul Ryan told CNBC.

Speaking just hours before the spending plan gets its formal introduction before Congress, Ryan, head of the House Budget Committee, said the debt will peak at 74.5 percent of gross domestic product in 2014 and then drop from there. :o)
=)) The only way to eliminate the national debt without any dire consequences for the U.S. is to abolish the 'Fed' and destroy the nations of Japan, China and the UK. Other than that, good luck. And, this must be why those wonderful republicans gave 'ole 'W' a blank check for the 'war on terror'. =)) :ymsick: =;
So far its working for France in Libya....if they kill Gaddafi....then they won't have to pay him what they owe him!

Re: Republicans say they have plan to wipe out national debt

Posted: April 5th, 2011, 3:45 pm
by Col. Flagg
Jason wrote:
Col. Flagg wrote:http://www.cnbc.com/id/42429728
The Republican budget proposal will eliminate the national debt while still preserving costly entitlement programs like Medicare and Social Security, Rep. Paul Ryan told CNBC.

Speaking just hours before the spending plan gets its formal introduction before Congress, Ryan, head of the House Budget Committee, said the debt will peak at 74.5 percent of gross domestic product in 2014 and then drop from there. :o)
=)) The only way to eliminate the national debt without any dire consequences for the U.S. is to abolish the 'Fed' and destroy the nations of Japan, China and the UK. Other than that, good luck. And, this must be why those wonderful republicans gave 'ole 'W' a blank check for the 'war on terror'. =)) :ymsick: =;
So far its working for France in Libya....if they kill Gaddafi....then they won't have to pay him what they owe him!
... and in our case, Japan is almost toast. :(

Re: Republicans say they have plan to wipe out national debt

Posted: April 5th, 2011, 3:58 pm
by Jason
Col. Flagg wrote:
Jason wrote:So far its working for France in Libya....if they kill Gaddafi....then they won't have to pay him what they owe him!
... and in our case, Japan is almost toast. :(
Yeppers...if they were smart they would be working out a deal for the 20% of empty homes in Florida and throughout the rest of the country!

India Halts All Food Imports From Japan After Fukushima Fish Found With Excess Radioactivity
http://www.zerohedge.com/article/india- ... ioactivity" onclick="window.open(this.href);return false;

Re: Republicans say they have plan to wipe out national debt

Posted: April 5th, 2011, 4:14 pm
by Rincon
Removed

Re: Republicans say they have plan to wipe out national debt

Posted: April 5th, 2011, 4:31 pm
by Jason
Rincon wrote:The Republicans remind me of Democrats.

The Insiders have a plan to pay the National Dept off in one fell swoop. When we exchange our dollars for the New World Order currency, the exchange rate will be such that the Nation Debt will be paid, and we will be in poverty.
Why pay the debt off when they can just foreclose and take our assets? Once you own everything....you only need a small servant population that consumes as little of "your" resources as possible in exchange for servicing your needs. Don't the Georgia guidestones say something about 500,000,000??? Satan's version of a millennial reign?

Re: Republicans say they have plan to wipe out national debt

Posted: April 6th, 2011, 12:25 pm
by sixgunsue
Jason wrote:
Rincon wrote:The Republicans remind me of Democrats.

The Insiders have a plan to pay the National Dept off in one fell swoop. When we exchange our dollars for the New World Order currency, the exchange rate will be such that the Nation Debt will be paid, and we will be in poverty.
Why pay the debt off when they can just foreclose and take our assets? Once you own everything....you only need a small servant population that consumes as little of "your" resources as possible in exchange for servicing your needs. Don't the Georgia guidestones say something about 500,000,000??? Satan's version of a millennial reign?

Truth!