Ron Paul: The Greatest Threat to the American Dollar

RolandTD20KdrummerRolandTD20Kdrummer Posts: 13,066
edited May 2008 in A Moving Train
http://www.youtube.com/watch?v=zUbA-vz0Py0

"This is the single greatest threat to America.

The official national debt figure, now approaching $9 trillion, reflects only what the federal government owes in current debts on money already borrowed. It does not reflect what the federal government has promised to pay millions of Americans in entitlement benefits down the road. Those future obligations put our real debt figure at roughly fifty trillion dollars- a staggering sum that is about as large as the total household net worth of the entire United States. Your share of this fifty trillion amounts to about $175,000.

Don't believe for a second that we can grow our way out of the problem through a prosperous economy that yields higher future tax revenues. If present trends continue, by 2040 the entire federal budget will be consumed by Social Security and Medicare alone. The only options for balancing the budget would be cutting total federal spending by about 60%, or doubling federal taxes. To close the long-term entitlement gap, the U.S. economy would have to grow by double digits every year for the next 75 years.

The answer to these critical financial realities is simple, but not easy: We must rethink the very role of government in our society. Anything less, any tinkering or "reform," won't cut it.
To learn how to help change this
check out"
Progress is not made by everyone joining some new fad,
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.

http://i36.tinypic.com/66j31x.jpg

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Post edited by Unknown User on

Comments

  • i think with 50 trillion dollars (what a comical number!) there really is no expectation that any of this will ever get paid. i mean, we're pretty much screwed at this point, right? who do we really answer too, though? I mean if the world calls in there debts to be payed, everyone loses, since the world economy is so dependent on the US. What will probably happen is eventually this will come due, the world will lapse into depression for a few years and things will eventually hopefully reset to a more sustainable economic model. But i think the end result will be that we got away with a lot of free shit that we never have to repay, and China and others will be left with tons of worthless paper. who knows...
  • MrSmith wrote:
    i think with 50 trillion dollars (what a comical number!) there really is no expectation that any of this will ever get paid. i mean, we're pretty much screwed at this point, right? who do we really answer too, though? I mean if the world calls in there debts to be payed, everyone loses, since the world economy is so dependent on the US. What will probably happen is eventually this will come due, the world will lapse into depression for a few years and things will eventually hopefully reset to a more sustainable economic model. But i think the end result will be that we got away with a lot of free shit that we never have to repay, and China and others will be left with tons of worthless paper. who knows...


    Dump the currency, combine the America's, and start over with a new currency.

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

    This is what they are planning. I called it like a year ago, and this place heaped mountains of shit and name calling on me. (thanks everyone btw) ;)
    Progress is not made by everyone joining some new fad,
    and reveling in it's loyalty. It's made by forming coalitions
    over specific principles, goals, and policies.

    http://i36.tinypic.com/66j31x.jpg

    (\__/)
    ( o.O)
    (")_(")
  • If I was to smile and I held out my hand
    If I opened it now would you not understand?
  • Dump the currency, combine the America's, and start over with a new currency.

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

    This is what they are planning. I called it like a year ago, and this place heaped mountains of shit and name calling on me. (thanks everyone btw) ;)
    well i hope our masters change the name of the currency. The Amero is just lame.
  • CollinCollin Posts: 4,931
    MrSmith wrote:
    well i hope our masters change the name of the currency. The Amero is just lame.

    I think they should call the currency the Buck.
    THANK YOU, LOSTDAWG!


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  • The Amero

    not just some conspiracy nut nonsense.

    :cool:
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
  • Collin wrote:
    I think they should call the currency the Buck.


    The "Oh fuck! we got fucked!" Buck
    Progress is not made by everyone joining some new fad,
    and reveling in it's loyalty. It's made by forming coalitions
    over specific principles, goals, and policies.

    http://i36.tinypic.com/66j31x.jpg

    (\__/)
    ( o.O)
    (")_(")
  • NMyTreeNMyTree Posts: 2,374
    Maybe we can call for a return on all the money this country has given to Israel and several other countries.

    That would be a whopping total.
  • unsungunsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
    If we merge our currency with that third world country Mexico I will be moving to some country in Europe. Yeah let's just take on some country whose people are so poor they come here to work illegally.

    The USA as we knew it would no longer exist and all that our founding fathers worked for would be for nothing. There would no longer be any such thing as proud to be an American, no Pledge of Allegiance, all the monuments would be worthless, might as well let their citizens vote in our elections as well.

    NAFTA is the single worst non-war event to hurt this country since the depression.
  • This will be the new American Union national anthem

    http://www.youtube.com/watch?v=ghbMqkRsFd0

    ,
    Progress is not made by everyone joining some new fad,
    and reveling in it's loyalty. It's made by forming coalitions
    over specific principles, goals, and policies.

    http://i36.tinypic.com/66j31x.jpg

    (\__/)
    ( o.O)
    (")_(")
  • SilverSeedSilverSeed Posts: 336
    unsung wrote:
    If we merge our currency with that third world country Mexico I will be moving to some country in Europe. Yeah let's just take on some country whose people are so poor they come here to work illegally.

    The USA as we knew it would no longer exist and all that our founding fathers worked for would be for nothing. There would no longer be any such thing as proud to be an American, no Pledge of Allegiance, all the monuments would be worthless, might as well let their citizens vote in our elections as well.

    NAFTA is the single worst non-war event to hurt this country since the depression.

    So if you have to share America with more Mexicans you'll hate America? Dude just move to Asia or something, you're never going to escape the horrible brown man here in the USA.

    This response has nothing to do with the Amero or anything, just blatant racism.
    When Jesus said "Love your enemies" he probably didn't mean kill them...

    "Sometimes I think I'd be better off dead. No, wait, not me, you." -Deep Toughts, Jack Handy
  • unsungunsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
    You think what you want. I know you love to give things away that don't belong to you. You are in that group that thinks it is ok to take money from people and give it to others.

    Until then you should watch throwing out slanderous comments.


    This has to do with this country ceasing to exist as we know it.
  • SilverSeedSilverSeed Posts: 336
    unsung wrote:
    You think what you want. I know you love to give things away that don't belong to you. You are in that group that thinks it is ok to take money from people and give it to others.

    Until then you should watch throwing out slanderous comments.


    This has to do with this country ceasing to exist as we know it.

    Yes, I do like supporting those that are less fortunate than I am. Novel concept?

    Until when? You stop being a racist?

    You realize our country is built on immigration and accepting those trying to escape a country that cannot or will not support them. Get over yourself.
    When Jesus said "Love your enemies" he probably didn't mean kill them...

    "Sometimes I think I'd be better off dead. No, wait, not me, you." -Deep Toughts, Jack Handy
  • unsungunsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
    SilverSeed wrote:
    Yes, I do like supporting those that are less fortunate than I am. Novel concept?

    Until when? You stop being a racist?

    You realize our country is built on immigration and accepting those trying to escape a country that cannot or will not support them. Get over yourself.


    Supporting and helping them is different that forcibly taxing people to pay for them.

    Immigration is great if it is legal but not if illegally crossing into this country breaking the laws.

    I've been through this with you before and I guess you still haven't found the definitions of illegal and legal. I'm not wasting any more air on you, let me try my luck with this wall. I bet it will figure it out sooner.


    And also once again someone on this forum resorts to calling someone else a name when they disagree with them. Big surprise.
  • my2handsmy2hands Posts: 17,117
    Dump the currency, combine the America's, and start over with a new currency.

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

    This is what they are planning. I called it like a year ago, and this place heaped mountains of shit and name calling on me. (thanks everyone btw) ;)


    yeah yeah yeah... we know about the NAU... and i do believe that ther wheels are turning, without a doubt

    here is my question... what is wrong with forming a NAU?

    and dont give me that one world government new world order shit... real life here... what are the pro's and con's as you see them and why are you oppsoed to it

    quite frankly, the EU seems to be doing just fine and has taken over as the worlds economic superpower, peacefully


    the wheels on the EU turned for decades going back to Churchill
  • my2hands wrote:
    the EU seems to be doing just fine and has taken over as the worlds economic superpower, peacefully

    the question is WHO is in control of that economic power.
    What does it matter how "strong" an economy is if the fruits of labor are being turned over to the elite.

    Sure most of the people of europe are doing ok.
    But imagine what wealth they'd really be accumulating if the scum at the top weren't coercing them out of their own profits. Their taxes are ridiculous, and the laws are insanely bent in favor of their corporate masters.

    As far as that "global government, NWO shit", you really don't get it, do you?
    Its not some conspiracy bullshit. Its reality.
    Its not this dark nefarious Hitler-ian plot, so to speak ...
    its an encroaching unspoken reality.

    The people at the top of the pyriamid dream of a world where the only government that can question their actions is the ONE government which they are in control of.

    How you can not see that from the numerous quotes posted we have shown you alone is beyond comprehension. When David Rockefeller says it himself, what the fuck else do you want?

    Perhaps you are just ignorant as to the true influence over american history that the rockefellers have had.

    You do understand that they were historicaly THE most hated and influential family in industrializing US history, right?

    WHAT IS WRONG WITH THE NAU?
    How bout what is wrong with the EU...

    How do you feel about a governmental construct that you CAN NOT VOTE OUT OF?

    Look at the poor brits!
    They just got FUCKED.

    How will you feel when Czar Bush just wills us in to a union with Mexico and Canada. Its not about whether Mexico or Canada are bad or good, its about NATIONAL SOVERIGNTY.

    DON'T YOU PEOPLE WANT YOUR GODDAMN GOD GIVEN CONSTITUTIONALY PROTECTED RIGHTS?

    Joining a Union SURRENDERS ALL YOUR CONSTIUTIONAL PROTECTIONS.

    YOU ARE BOUND BY INTERNATIONAL LAW.
    It superceedes ALL national law.

    You can be hauled out of your house and tried in an international court.
    Your property can be confiscated by an international body.
    You can be forced to pay international tax.
    Your business can be ruined by new international regulation.
    Your lawmakers become subservient to an international globalist body.

    WHAT THE FUCK IS WRONG WITH THIS COUNTRY ????

    WHEN WILL YOU STAND UP AND SAY ENOUGH IS ENOUGH?

    SWEET JESUS.
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
  • BTW, M2H, go stick your head in the Lisbon Treaty thread.
    Maybe you'll learn a thing or two.

    “If we don’t like our government, we can vote them out. But we can’t change EU treaties once they’re in place. Lisbon offers nothing to ordinary people and would give us less control.”

    Whats so hard to understand about that?

    You think beauracrats have little vested interest in protecting YOUR ass?
    Imaging an UNELECTED INTERNATIONAL GOVERNMENT
    even if it is only a REGIONAL international government!
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
  • my2hands wrote:
    yeah yeah yeah... we know about the NAU... and i do believe that ther wheels are turning, without a doubt

    here is my question... what is wrong with forming a NAU?

    and dont give me that one world government new world order shit... real life here... what are the pro's and con's as you see them and why are you oppsoed to it

    quite frankly, the EU seems to be doing just fine and has taken over as the worlds economic superpower, peacefully


    the wheels on the EU turned for decades going back to Churchill

    Too many to list...in a nutshell shitty US policy migrating north instantaneously.

    nightmare for Canada, prety much all along the entire infrastructure military ,education, health, drug policies. All the shit angles of US govt will extend across the entire continent...

    Fuck that noise jimbo... Canada turns into shitsville USA...
    Progress is not made by everyone joining some new fad,
    and reveling in it's loyalty. It's made by forming coalitions
    over specific principles, goals, and policies.

    http://i36.tinypic.com/66j31x.jpg

    (\__/)
    ( o.O)
    (")_(")
  • CollinCollin Posts: 4,931
    my2hands wrote:
    yeah yeah yeah... we know about the NAU... and i do believe that ther wheels are turning, without a doubt

    here is my question... what is wrong with forming a NAU?

    and dont give me that one world government new world order shit... real life here... what are the pro's and con's as you see them and why are you oppsoed to it

    quite frankly, the EU seems to be doing just fine and has taken over as the worlds economic superpower, peacefully


    the wheels on the EU turned for decades going back to Churchill

    The EU is fucked up.

    I have no problem with international law, though.
    THANK YOU, LOSTDAWG!


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