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Author Topic: Debt Analogy  (Read 1663 times)

Offline Lucky_Lou

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Debt Analogy
« on: October 17, 2013, 10:32:18 AM »
Listening to commentators discussing the American debt ceiling on the radio today one made a very good comment......
"most folk think politicians use Buzz Lightyears theory on debt ceiling ... to infinity and beyond"
But to put it simply this is where its at " if you were born today and paid no interest on the existing debt and were able to repay at a rate of $1000 a second you would be 32 before it was paid off...... be afraid.
Lou
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Offline nhmaf

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Re: Debt Analogy
« Reply #1 on: October 17, 2013, 11:17:51 AM »
I am thinking it is high time that we got a big broom and swept the whole house out, after first having a public vote on reducing their pensions to whatever social security allows and making them all have to take the "Affordable Health Care Plan" available in their home state.  
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Offline marcmax

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Re: Debt Analogy
« Reply #2 on: October 17, 2013, 11:37:51 AM »
Get rid of all of them, House, Senate and White House and start with a clean slate. Give them one shot at it, no option to get re-elected and spend their entire life feeding off the public. Then see what they can come up with.
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Offline Luca

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Re: Debt Analogy
« Reply #3 on: October 17, 2013, 11:52:17 AM »
Congressional term limits!
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Offline Tony Smith

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Re: Debt Analogy
« Reply #4 on: October 17, 2013, 06:33:05 PM »
Quote
"Affordable Health Care Plan" available in their home state.  

I have to admit to being quite nonplussed over what appears to a foreigner to be the vehemence held by some of those who oppose "Obmahacare".
 
I would really appreciate someone explaining to me what the opposition to universal health care is.

I watched a US Senator on an item in our National News a few weeks ago describe universal health care as a "communist plot".

Now he had have mad looking eyes and frankly on the basis of the way he conducted himself I thought he was a sandwich short of a picnic, but has he somehow gained election to the Senate of the USA, so it seems likely that that he is not the only person to hold that view.

Can somebody please explain it to me?

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Offline nhmaf

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Re: Debt Analogy
« Reply #5 on: October 17, 2013, 07:14:17 PM »
While you can certainly argue the virtues of having universal access to health care are good, if you knew the way in which it has been implemented as a result of a myriad of give-aways to big-insurance and the manner in which it is being rolled out and made compulsory, you would realize that "all that glitters is not gold".  The final straw in the matter is that those in congress have exempted themselves, and their direct reports, from having to participate in the program and they get to keep their own solid-gold healthcare plans and full pensions for life.     IT is much too complex to get into much detail here, as the implementation has been further bollocksed-up depending on what state has allowed, and what regional healthcare insurers are active in that state.

Those that make it seem like such a simple thing are totally missing the point - many would be happy to have health insurance for the 30+ million in our country who don't presently have it.    But, what is being used to try to solve that problem is actually causing a nightmare of other problems for up to 100 million of us..
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Offline jusgus

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Re: Debt Analogy
« Reply #6 on: October 28, 2013, 11:01:40 PM »
The way it was explained to me was:

To spent a million dollars at a rate of a dollar a second would take 11 days

A billion would take about 30 years. (I can kind of conceive that)

A trillion would take 30,000 years. I have fossils that aren't that old.

I think congress may have a substance abuse problem. Isn't that covered under the affordable healthcare law? Ironic ain't it!

Offline Lucky_Lou

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Re: Debt Analogy
« Reply #7 on: October 29, 2013, 02:49:28 AM »
Question is who is it owed to ?
Lou
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Offline NC Steve

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Re: Debt Analogy
« Reply #8 on: October 29, 2013, 09:50:47 AM »
Here is one trillion dollars



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