$700 Billion bailout is now $7 Trillion!

This is a discussion on $700 Billion bailout is now $7 Trillion! within the Off Topic & Humor Discussion forums, part of the The Back Porch category; Glenn Beck - Current Events & Politics - Glenn Beck: Goodbye $700 billion...hello $7.4 trillion!...

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Thread: $700 Billion bailout is now $7 Trillion!

  1. #1
    Member Array Diesel 007's Avatar
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    Senior Member Array Jackle1886's Avatar
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    Oh so scarey... When will these people actually understand.
    Better to die on your feet, than to live on your knees.

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    Member Array MadDog's Avatar
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    I am a sick and twisted freak, i couldn't believe it when beck said that today..
    I believe in gun control...... Thats why I use TWO hands.

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    VIP Member Array matiki's Avatar
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    We gave them an inch... did we really think they wouldn't take a mile?
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    Member Array MadDog's Avatar
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    If I recall correctly, that is 24,000 dollars per person in this country...... or put it this way, it's over double are national budget......
    I believe in gun control...... Thats why I use TWO hands.

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    Senior Member Array Duisburg's Avatar
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    Quote Originally Posted by MadDog View Post
    If I recall correctly, that is 24,000 dollars per person in this country...... or put it this way, it's over double are national budget......
    yeah...so who elected the Federal Reserve Chairman or the SEC head?

    No wonder why gun sales are skyrocketing... uncertainy can be measured on the stock markets and the gun markets...
    I am sworn to protect the Constitution of the U.S.A. from all threats both foreign and domestic.

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    VIP Member Array TN_Mike's Avatar
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    I figured it was going to get more expensive but good Lawd! I didn't think even these clowns would take it this far.

    I think the country really is coming to an end if this goes on. Our whole monetary system, and economy will collapse under the weight of this debt. Maybe the whole worlds monetary system.

    Looks like the Mayan's may have been right on the money....December 21st, 2012. That could be the end of the world.

    December 21 2012, The official Website for 122112 Information

    Hmmm....maybe I should visit this website as well.....never can be too ready for the end...

    Aluminum Foil Deflector Beanie

    Just trying to lighten the mood a little guys. We are screwed and there really isn't anything we can do about it with this bail out.
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    VIP Member Array ccw9mm's Avatar
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    Quote Originally Posted by MadDog View Post
    If I recall correctly, that is 24,000 dollars per person in this country ...
    I wonder if that includes each and every illegal??

    Let's see. $10T current debt = $33K/person. Plus $7T new "gifted" debt = $23K/person. That makes a brilliant and staggering $33K + $23K == $56K/person. Merry Christmas.

    That's like gifting every breathing person in the USA a 2009 Mercedes C63 AMG 4dr Sedan, listing at $56.3K. (Rated at 12mpg in the city, by the way. Why not.)

    That's not a national "debt" so much as joint bankruptcy.

    Hm. I wonder how much a barrel of tar and a couple buckets of feathers costs? Being tarred and feathered should make a comeback, I think.
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    Senior Member Array coffeecup's Avatar
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    I would consider the source of the info. Glen Beck is noted for being somewhat of an alarmist.

    Most of the time I can see where he is coming from, but every now and then he goes a bit overboard--IMHO.

    (opinions are like noses--only mine is perfect)

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    The American voters deserve who they elect!
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    VIP Member Array JAT40's Avatar
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    Dose anyone else get the feeling that the only way out of this massive mountainous national debt is for the economy to collapse and the Government goes bankrupt? Borrowing more $$$ when you are already deep in the hole????
    While people are saying "Peace and safety," destruction will come on them suddenly, ... and they will not escape. 1Th 5:3

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    Member Array larefugee's Avatar
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    Any investment advice?

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    Distinguished Member Array bandit383's Avatar
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    Quote Originally Posted by JAT40 View Post
    Dose anyone else get the feeling that the only way out of this massive mountainous national debt is for the economy to collapse and the Government goes bankrupt? Borrowing more $$$ when you are already deep in the hole????
    Uh...you just print more money. There is a downside...inflation. When you ARE the bank...there is plenty of ways to manipulate the data.

    Rick

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    Quote Originally Posted by JAT40 View Post
    Dose anyone else get the feeling that the only way out of this massive mountainous national debt is for the economy to collapse and the Government goes bankrupt? Borrowing more $$$ when you are already deep in the hole????
    One of the first leasons I learned in life is "When you find yourself in a hole the best thing to do is to stop digging"

    Apparently our Nation is to young to have learned that lesson.
    “You can sway a thousand men by appealing to their prejudices quicker than you can convince one man by logic.”

    ― Robert A. Heinlein,

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    I wonder how much an Abrams M1 main battle tank will go for in bankruptcy court, I got a couple hundred stashed away
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