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LOXO7

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#1 LOXO7
Member since 2008 • 5595 Posts

Dang. I think I won't be around then.

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#2 LOXO7
Member since 2008 • 5595 Posts

@mattbbpl said:

@Fightingfan said:

@capaho said:

Hillary Clinton, without a doubt, because the Republicans lost their collective mind a long time ago. We need an intelligent, rational president, and the Republicans have no one who meets that criteria.

To be honest both political parties are pretty much the same now.

Except that one completely lost it's mind to the point that it threatened to default on the country's debt.

They're really not the same, and claiming as such is little more than a cop out.

When other countries stop buying the dollar for their products, then the country will be in the same position as if it defaulted. It doesn't matter at that point which party would be in the WH. I prefer a Democrat so I can tell the gullible it's the leaders of our country's fault the country is where it is.

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#3  Edited By LOXO7
Member since 2008 • 5595 Posts

The text is more streamlined in forums and comment section. But in the forums I'm not using 2/5ths of my screen. Imagine owning something and only using 60% of it.

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#4 LOXO7
Member since 2008 • 5595 Posts

I have a better idea. Listen to the No Agenda podcast. It's only 2-3 hours about current news. It analyzes the main stream media. Then gives you the real low down on what is happening.

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#5  Edited By LOXO7
Member since 2008 • 5595 Posts

@Fightingfan said:

@LOXO7 said:

@Fightingfan said:

@Newhopes said:

@Fightingfan said:

Well they have a point. A debt is something you pay, and as far as I know no one can make America pay it's debt.

Realistically Russia would be destroyed, and China won't attack the United States because if it does it economic suicide.

It's not about paying the debt and even if you refuse to pay those countries will simply refuse the dollar for goods and the whole US economy will collapse within a month or two.

What will screw the US isn't the debt itself it's when the rest of the world starts to dump the dollar as a reserve and for use in trade, and it's already stating to happen it's the whole reason they got trigger happy with Iran.

You can't refuse the dollar as the dollar is the only form of currency allowed in the transaction of oil.

Everyone who tries and purchases oil with the US dollar gets bombed historically speaking.

So when the dollar is hyper inflated thanks to the debt ever increasing the oil producers will gladly trade their oil for sounder currency. The world rolls on the dollar does not.

I don't see it happening - it'll result in another gulf war.

How does America go to war when their money is worthless to fund the war? It doesn't even make it that far. If the country doesn't pay it's debt or acknowledges it has debt then other countries will stop trading with America. What do you think China gets when we get all of their products? Dollars. And every other country that create products and sells them in America. Those products are no longer on Walmart's shelves. Life is harder knowing that America has to produce it's own consumer products plus the useless* war effort.

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#6 LOXO7
Member since 2008 • 5595 Posts

@worlock77 said:

@lostrib said:

@GazaAli said:

@lostrib said:

@GazaAli said:

@lostrib said:

@GazaAli said:

Its a shame that in the U.S the extreme right still exists and is influential to a certain degrees in politics and social reforms. The extreme right is one of the very few things that can bring any country no matter how powerful and wealthy it might be to its knees.

well they have the right to express their stupid ideals

Apparently yes, as long as there are people who are listening you can't limit their influence by attempting to shutting them up.

even if no one is listening the can say whatever the **** they want

This has nothing to do with any of my posts, why do you keep bringing it up I'm curious.

Because they have the right to exist

Just curious, but why are you attacking arguments that Gaza did not make?

How condescending of you.

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#7 LOXO7
Member since 2008 • 5595 Posts

@Fightingfan said:

@Newhopes said:

@Fightingfan said:

Well they have a point. A debt is something you pay, and as far as I know no one can make America pay it's debt.

Realistically Russia would be destroyed, and China won't attack the United States because if it does it economic suicide.

It's not about paying the debt and even if you refuse to pay those countries will simply refuse the dollar for goods and the whole US economy will collapse within a month or two.

What will screw the US isn't the debt itself it's when the rest of the world starts to dump the dollar as a reserve and for use in trade, and it's already stating to happen it's the whole reason they got trigger happy with Iran.

You can't refuse the dollar as the dollar is the only form of currency allowed in the transaction of oil.

Everyone who tries and purchases oil with the US dollar gets bombed historically speaking.

So when the dollar is hyper inflated thanks to the debt ever increasing the oil producers will gladly trade their oil for sounder currency. The world rolls on the dollar does not.

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#8  Edited By LOXO7
Member since 2008 • 5595 Posts

Party lines aren't going to matter when everyone is going to be in the same economic hole together.

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#9  Edited By LOXO7
Member since 2008 • 5595 Posts

Government creates the numbers on GDP since they're the ones who figure out what they want to leave out or calculate.

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#10 LOXO7
Member since 2008 • 5595 Posts

It shouldn't be called a debt ceiling. It should be called the debt sky. I hear the Democrats are working on such legislation. Has it ever failed to increase since 1971? At this point there is no reason why you shouldn't have a government job. But this gravy train will end. The freer markets create what the government cannot, progress. Removing the debt ceiling or infinitely raising it shows the only thing government can create, money and therefore debt and depression.