They forgot to mention that Mr. Smith can print all the money he needs anytime. Mr. Smith will NEVER default or become Greece because of this, it is impossible. The dollar will be the victim.
Yeah. But the people who lend Mr Smith his money - aren't going to keep lending to him at these interest rates. And when the rates go up on Mr Smith - he's fucked.
Yes. because America has a life expectancy of 82 years, doesn't regulate the banking system, can only hold one job at a time, can't print money, and doesn't have a vast arsenal of nuclear weapons with which to back its sovereign claims...
The American government is -exactly- like a -person- trying to borrow money!
There is something important missing from this video. i.e. There is no mention of the assets of the borrower. When the lender, we'll call it the World Bank, determined that the borrower's assets well exceed the assets of all it's other borrowers combined, it doesn't surprising me that it raised the borrowers credit limit. Does it you ???
The US can just sell bonds and then sell more bonds to cover the cost of the previous bonds, pretty much infinitely. Other countries are still willing to lend the US money, because pretty much the entire western world is in debt. Doesn't mean that the debt isn't a problem, but trying to say that the gov is in the same boat as a private citizen is pretty ignorant.
@Royic So. You're saying we're actually running the world's first and only successful ponzi scheme that everyone knows about and are willing to put up with indefinitely?
@Airmanf7 It doesn't matter if it looks like a ponzi scheme because, once again, this is a county and not a person or business. Most of our debt is in the hands of US citizens, it's not like they don't know the US has debt; they keep lending in the form of bonds and they also keep getting the money they are owed, they don't have any problems with the system.
@cwood4ever I didn't try to justify the debt, only pointing out that the US is a country, not a person, and the two having debt are entirely different matters. Don't put words in my mouth, dipshit.
@Royic I dont need to put words inyo yout mouth fucker. Your stupidity proves itself. Go start a business and run it like this country. After all there are tons of business. nasty fuck get off youtube
@cwood4ever Are you literally retarded? Why would I want to start a business and run it like a country? I JUST said that running a COUNTRY is NOT THE SAME THING as running a BUSINESS. Jesus, learn to read. Pay extra attention to the words I put in capitals because those are the points you are failing to understand here, obviously.
The distinction you make is true ... BUT, the overall debt has hit such a high number - that addressing it is going to lower all of our living conditions. Our interest on the debt has become such a large portion of the budget, and with interest rates at record lows. When rates rise, and lower interest bonds are retired & converted to higher interest ones, the bulk of our budget will be interest on the debt. We won't be able to provide many of the services that Americans expect.
@klrdotorg I know it's a problem, I'm just saying it's not the same situation that it would be if a business of person had this much debt, therefore this video doesn't work.
This video gives perspective to people who can't grasp the numbers they hear in the news. You understand the distinction, I understand it, but many people don't. And they keep voting for people who find cool new ways to spend govt money.
Not only is our debt unsustainable, if interest rates rise (and they will), our current debt load is unmanagable. More retirees ready to hit the SS & Medicare payroll, and we're arguing about chump change. We are heading for a cliff.
Makes me laugh when people blame Obama...the guy who has not finished a single term...blame him for a systematic problem that has accumulated over decades of Dems AND Reps. It is OUR OWN FAULT! We elect idiots who can make a soundbite on TV, rather than someone who will really cut spending and make painful decisions. Nobody's fault but our own.
@mdogden Obama didn't create the problem, but he's put it on steroids, in less than 4 years TRIPLING the debt he inherited instead of trying to fix it.
HA!.. 138 Obamazombies didn't like this one, eh? Barry needs to get his illegal alien buddies to come on YouTuber and help him out here. He's also gonna need every illegal vote he can GET come November!
I used to be like all of you and think our children will be burdened with all this debt!...but.... THEY WONT! because the dollar will have collapsed and the debt will be washed away! Now we will only be burdening them with 3rd world conditions! ehh get it win / win situation. "OTHERS SUFFER SO WE MAY LIVE AS WE WISH" Surely if our nation terminates life in the womb, so the mother may live as she wishes, why would our nation have respect for any LIFE!
By the by; did you not hear Mr Obama, your Emperor, has just made a 'deal' for China to "drill baby drill" right off the coast of Florida, where American Oil Companies are STILL not allowed to drill. Are you liking those prices you are paying at the pump? Oh, and do not expect a "thank you" from China... for Obama still owes China, BIG TIME! P.S. .. America is borrowing money from a country to whom you are still granting million$ in foriegn aid!
Ah,.. so!.. I get it now. The prescription for the 'new' America is extended unemployment checks, food stamps and "free" healthcare for all!... all paid for by your children and grandchildren, that is,.. who will be paying for it throughout their entire working lives. It is THEY who will know the true price of their selfish parents "collective salvation"; i.e. SHARED MISERY. I guess only Mr Spock and friends on the planet Vulcan "live long and prosper" where it is not crime to do so.
@TzuSun007 I only wanted Obama to buy me a new X-Box 360. Honest!.I never thought he's actually 'win' or anything,.. after all, he didn't even have a real Birth Certificate! George Soros told him he didn't need one, anyway, it's not like it's all my fault he won. Everyone else was as sick of 'Bush" as I was. I'm sorry!.. I'd vote for the conservative in Nov. this time,.. but so far all I see from the GOP are a bunch of closet socialists.... like Obamarx 'used' to be.
Good video, but its also geared at face value, not just at the gov't. The American people need to spend within means also and not try to keep up with the Jones'.
This is a brilliant video. Every American should see it. Most people have no idea how close we are to having our hand forced. When interest rates go up on the debt, we won't be able to pay for half of the services we currently have.
This is a brilliant video. Every American should see it. Most people have no idea how close we are to having our hand forced. When interest rates go up on the debt, we won't be able to pay for half of the services we currently have.
This is a brilliant video. Every American should see it. Most people have no idea how close we are to having our hand forced. When interest rates go up on the debt, we won't be able to pay for half of the services we currently have.
Financing 40% of our federal governments cost is immoral. Where would we be today had previous generations felt it was acceptable to finance 40% of their governments cost unto us? No business or household can sustain this type of debt and the federal government will find out it is no different. And there is only 1 candidate that is serious about fiscal irresponsibility and that is Ron Paul, yet the MSM labels him as a kook. In that case we need more kooks.
@mtoasty Actually, the past few generations already did. The "excess" soc. sec. funding that get put into the "trust fund" is converted to federal bonds and the cash over the years was spent on increased gov't spending with the notion being that the bonds would be repaid by future generations. So in 2018 when SS expenditures exceed SS income, we'll be on the hook for everything and if we don't crash before then, we will crash soon thereafter.
@dlstb Money is debt, get rid of the debt and there is no money (and still debt). Growing, can't keep doing that either as it isn't possible. So we keep going on the path we are on. It is a economic system primed to explode.
The guy applying for the debt increase should have argued that his current deficit of around $16k would be negated by reducing future deficits by the same amount spread over the next 10 years.
Pledge allegiance y'all and pass it on to your grandchildren. Don't worry,there won't be a USA by then. It will be called Greece. If you study the new NDAA bill you will understand that the powers in Empire,D.C. are getting ready for the riots.
Almost any fool (except congresscritters) can learn from his mistakes, but smart people learn from other people's mistakes. When the Progressive Wilson left office in 1921, unemployment was about 15% (the statistics are iffy). Harding reversed Wilson's policies, balanced the budget, cut taxes, and in a year unemployment was down to about 2.4%. If the Obama administration was smart, they would look and see how Harding got us out of a recession so quickly.
@roshan637 i wish it were friend, unfortunately it paints a unrealistically rosy picture, the fact of the matter is that it doesnt even include the unfunded liabilities which DWARF the official debt statistics
@fntime haha I've read Road to Serfdom, have you? it's math.. the cost of a 8-9% unemployment rate over a few years, not including any employment hysteresis effects, is huge. Even Friedman was for stimulus in a recession.... people screaming about the debt and Hayek are people with a preset political position looking for economics to back them up, when it should work the other way around. What Hayek have you read?
@htedrom You have to pay the debt sometime and increasing does no good except put into more debt idiot. The answer is to rely more on on our own factories, cut down on imports and rely on our own productivity.
Amusing clip, but it promotes the fiction that a government budget/debt is like a family budget/debt, and that simply isn't true, as several other commenters have noted. Debt is the lifeblood of an economy; it stabilizes government functioning, including national defense, while the general economy fluctuates, as it always has. The Great Recession was the result of profligate spending by a GOP government, powered by 9/11 disproportionate FEAR.
America please, do some reading on how our monetary system works. YOU ARE PAYING VIA TAXATION JUST TO USE THE DOLLAR BILLS IN YOUR WALLET. This whole argument about which president ran up the debt is IGNORANT. DOLLAR BILLS ARE CREATED THRU BORROWING, which must be payed back WITH INTEREST. That is why NO MATTER WHO IS PRESIDENT, THE NATIONAL DEBT WILL CONTINUE TO RISE, TO CREATE DOLLARS TO PAY THE INTEREST.
You guys are all knuckleheads, including the makers of this video. ALL of the currency in circulation is CREATED THRU BORROWING. If the national debt were payed off there would be no more currency in circulation.The national debt MUST continue to grow in the current monetary system, to create new currency to pay the interest on existing debt. When the Gov borrows, it creates currency, but the interest owed is not created, therefore, they have to keep borrowing more into existance to pay interest
Congratulations! The USA is the new North Korea, where their generals sit fat and pretty while the majority of the population starve. It's not too late to change.
This situation will not last long. Something is going to have to change. When the entitlements stop, people actually have to work for a living. Most people have a hard time moving from the welfare to the shovel. That will be when everything falls apart.
@trickmisterthird3 The 2 big ones, Medicare & Soc.Security function out of people's contributions, therefore people are "entitled" to them. Those 2 bedrock programs R not welfare. I "worked for a living" from age 14 till now. I'm 67 & still work. I paid into soc.sec & medicare for all my working life. How do you call that welfare? Your parents & grandp's & you too will be receive the benefit of those programs. Are you all welfare bums? I know I'm not.
@Loejyrrab Please forgive me, I should have said when hand outs stop. That is what welfare is, entitlements are payed for by the population and should be paid. With that being said you are entitled to yours and I am entitled to mine. However, i will say again if things do not change we all are in deep trouble.
@trickmisterthird3 I agree completely. The question remains however, what kind of change is required. I'm sure you have some strong opinions on that as I do. I don't have the strength to debate that tonight. All the best to you!
@trickmister The 2 big ones, Medicare & Soc.Security function out of people's contributions, therefore people are "entitled" to them. Those 2 bedrock programs R not welfare. I "worked for a living" from age 14 till now. I'm 67 & still work. I paid into soc.sec & medicare for all my working life. How do you call that welfare? Your parents & grandp's & you too will be receive the benefit of those programs. Are you all welfare bums? I know I'm not.
The problem is the mindset. They actually believe the economy will get better by spending more. So for them, they are working on the solution, but they are bankrupting the country.
@TheFitSwitch The country is bankrupt by borrowing trillions for 2 absolutely insane wars and by historic fraud on the part of our financial institutions. Remember we enjoyed a balanced budget & surplus only 10 yrs ago. Tax cuts for the rich, 2 ridiculous wars and massive fraud sunk us. We needed to spend after the collapse to save the country. We are climbing out of it and can begin to deal with the debt after the econmy starts humming. It's happening.
If you didn't notice, you are the guy in the video asking for his debt limit to go up. You need to pull your head out of the sand because your hurting my kids.
The "balanced budget" you speak of was a parlor trick--the debt was going up even when they claimed the budget was balanced. The "economy starts humming" may or may not happen, but it's a lot less likely with the wet blanket of Govt. Debt, taxes, and regulations weighing us down. The fraud you speak of is Govt fraud. Wake up.
@spencer 1)For ur info, the Pres. who asked for the most increases in the debt ceiling limit was R.Reagan, @ 19 x's. He tripled the national debt. Google it. 2nd)Ur facts on the "bal budget" R wrong sir. When Clinton took office, the Nat.Debt was aprrox 4.7 tril, when he left it was approx 5.4 tril. and decreasing. Those #s are available to all with the curiosity to learn them. Repubs don't claim those #s were phony as U do, they just want credit for it. Repubs hurt ur kids, not me, U wake up.
@TheFitSwitch The country is bankrupt by borrowing trillions for 2 absolutely insane wars and by historic fraud on the part of our financial institutions. Remember we enjoyed a balanced budget & surplus only 10 yrs ago. Tax cuts for the rich, 2 ridiculous wars and massive fraud sunk us. We needed to spend after the collapse to save the country. We are climbing out of it and can begin to deal with the debt after the econmy starts humming. It's happening.
Unfortunately, most of you need to take a hard look in the mirror and say, gee I have a cush, high paying, local, state, or government job OR I am military and ONLY military because of compensation OR my family spends more money than I have income, thus my PERSONAL BALANCE SHEET is a DISASTER as well. Look in the mirror America. You are the problem!
Oh I forgot, if you vote for any politician who puts us into needless war, guess what????
No problem caused by the federal government will be solved through elections because the elections are rigged to only allow banker shills like Romney and Obama to get elected. The only way to solve this is to vote for libertarians in all the state elections. They will nullify all unconstitutional federal laws and go back to a gold standard. That is the only way to will kill the Washintonian Empire and free us from the tyranny..
Looks bad on paper, but wait till the real impact of worthless script fiat money, runaway inflation, & Greek style street violence in most or all American cities becomes reality. Ammunition & survival skills will be the real currency.
I think it would really add to the video if you added in something to corrolate to the idiotic taxing of the rich concept that is being pushed. People seem to miss that it would have almost no effect on our situation.
Fuck this u baby boomers are running this country into the ground. Im not paying an ounce of my money for YOUR debt. I'd sooner leave the country than pay for your mistakes and inherit a fucked up country. My great grandparents moved here from Denmark because America had opportunities but that is no longer true! One spoiled entitlement generation has bankrupted and ruined us. Time to return to my ancestral lands
Totally true analogy. This country has been hijacked by demagogues and their armies of those seeking entitlements. The solution of shock therapy can kill the patient though before it helps him recover.
why spread the word.. let them run it into the ground and bankrupt the country.. turn it into a banana republic.. those in the know are getting out of debt.. the sheople who drink the kool aide will suffer and they deserve to for being so ignorant to the truth.
No, it will either be a extreme dictiatorship or states will break a part re-form a union or become part of canada, lol. Its actaully not funny but somehow it is funny
@navtel - You are wasting your time. People only ever think about what affects them, rather than what affects everybody; its human nature. yes, the US WILL go bust and the vast majority of American's will blame everybody for wasting money apart from themselves. We see this in the UK too, but people just seem ignorant to it as long as they get their share. I sometimes wish that the UK would go like Greece just to wake people up. I think that this is more that a wish, but a sure thing...
@bbrain Yes it is. Yet in 2001, when Bush began there was no budget deficit. In fact he inherited a 120 bil SURPLUS. Had he taken care of business that surplus was projected to reach 5 tril in 10 yrs. But along comes the massive Bush tax cuts for Romney, Trump and their friends, 2 UNPAID FOR wars amounting to tril's, an unpaid for Presc Drug Benefit for 100's of bil's. and a Repub depression & presto, we're back into deficits & Romney's $ is in Swiss accts. But we're back on track, BO 2012!
@lodziana Bush inherited utopia.130bil surplus,22 mil new jobs &peace. What did he do? Blew the debt from 5 to11tril & caused a 2nd grt depresion. By Oct 2009, the end of W's last fiscal yr, unemp rate hit 10.3. He left 6K dead US soldiers & 100's of K's wounded. It will cost tril's to care for these men in the yrs to come. Should BO get blamed for that spending too? Ending Bush's wars responsibly is expensive. His fault? BO led to save our main mfg bus, AUTOS. He'll be re-elected in a ROMP!
@jthorpe64 No thorpe my weed is good shit. You'd love it I'm sure. My advice to you dimwit is to read all my posts. Read them and learn something about economics you jerkoff!
These things always forget the Banker's Ponzi scheme and the fact that Corporations and investment bankers never pay their share of taxes. Just keep blaming yourselves...the bankers are laughing and the rich get richer while you all fight among yourselves and Ron Paul is only out to screw you more! You'll get even less for your taxes and he will demilitarize our economy, which would be okay except he has no ideas to replace all that pork and employ all those soldiers. What a sorry mess.
@MrRickleon Fair share is always is little loose for my taste. US corps that hire employees here should not have to pay taxes (attracts capital). Investment banks need to gamble with their own money not be able to borrow from FED (Glass steagal put back would solve that or just get rid of FED). We need massive spending cuts and a simplification of tax code while lowering rates. No more loop holes for anyone. That would give us a shot anything else if rearranging deck chairs on the titanic.
@MrRickleon There is no plan to replace the "pork". For the soldiers' employment, you'd be suprised how a healthy true free market can absorb 15 million jobs easily. A few soldiers cycling out from the services is peanuts. You'll be even more astounded by how fast the economy will rebound if proper policies are put in place.
Bankers always have their games. Adopting Paul's decentralization of power will go a long way in making sure they don't get as predatory as they are today.
Anyone who thinks Obama, Romney, Gingrich, or Santorum will actually make a dent in our debt is a fool. Ron Paul predicted our failing economy to the T in 2002 and proposed many things to combat it, but he's the crazy one? Maybe the crazy ones are the people who consistently believe the stuff that our Government tells us without question. Ron Paul is our only hope.
It's the banksters that are the great enablers by basically giving the whores and drunken sailors in Congress all the money they want. Welfare to warfare and every scheme in between. Nope, if you want to (execute or) throw someone in jail for this it's the central bankers that are completely responsible. And as soon as that economic idiot called John Q. Public wakes up & figures out who screwed who, the Earth won't be large enough for these maggots to hide on. It should be quite exciting times!
I heard it straight from the horses mouth and didnt need MSN,CNN,or any other liberal media to tell me what he said.You can probably listen to most right here on this web site,Im not sure.
Ron Paul wants to do away with immigration laws,legalize pot,cut the military,not support Isreal,and these are just a few not so good ideas.If you think they are then you're just as big an idiot as Bush and Obama!!1
@Texasminuteman1 He wants to CHANGE immigration laws. Legalizing Pot will do no harm, alcohol is much worse for you. He wants to cut oversees military spending and bring the troops home, not "cut the military" as you say. Netanyahu recently went before Congress and said they dont need help defending themselves. Ron Paul never said anything about not supporting Israel. If they say they dont need our help then so be it.
To make the analogy more accurate he should have mentioned that of the $38,000 that guy spends about $8,000 is for 'hunting trips' and $15,000 is to support his parents. Expensive stuff, so why doesn't this guy get a better job? BECAUSE THAT IS SOCIALISM GRRR!
It's even worse than this if one looks at Shadowstatsdotom and does their own research. "Entities" from BOTH parties including McConell of Kentucky, Bohner, Lindsey Graham, and many others should have their nuts placed in a cigar cutter for how they have intentionally raped this country and the future of our children! Think that is harsh? Wait a year, you'll agree and want even more.
@catbeht Do you really think we should be cutting our defenses? While China and Russia are spending 50% of their GNP on defense right now and building up their militaries at a alarming rate, and Iran and North Korea have Nuclear rockets some that can reach the US.
What is the government's CREDIT SCORE?LOL I want to raise my debt limit.but gee, no job or money..Its ok for the Government to give money to foreign Countries year after yer an the foreigners say Ahhh American Presidents r good!They helped us in our time of need! WHO IS GETTING HELP HERE? What the BLEEP! Government should give back their raises and benefits since they F*d everything UP..RIGHT? Bla Bla Bla LOOK WHAT THESE PAST COLLEGE GRAD PRESIDENTS HAVE BROUGHT US! Obama is fixing THE MESS!
anyone who wants to vote for Obama... think about the message of this video. Another 2.1 Trillion extra debt sinds 2011 august. Thats the right President for YOU, or maybe NOT?
Vote for Ron Paul if you want the debt reduced. The other repubs and dems will NOT reduce the debt. The two major parties support big government. Don't be fooled.
Funny thing is if you raise the taxes on the rich people that own the government things would literally change overnight, cuz they wouldn't like it ;)
Woah dyne313... I paid into my SS account for fifty years, as did my employer. Do not group me with all the people on welfare for three generations who have never worked. I take offense!
But hey, didn't you listen? New income, that's the key to this whole thing! All we gotta do is raise the TAX RATE on all those millionaires and billionaires and private jet owners. Oh yeah, and also raise the capital gains tax. Make the evil rich people pay their "fair share" and all our problems are over. Just raise taxes and keep on spending - that's the road to prosperity!
@OutoftheblueNinja By all means elaborate because I was under the impression that criminals should be charged, judged and if found guilty placed in jail. You have politicians who broke the law (Peloci, Dodd, Frank, Bush, Obama, etc) and their pledge to America and the Constitution, thus they should be charged for their crimes. OWS has broken countless laws, they attack police/people, take public property hostage, they are criminals and should be charged for their crimes. Where am I wrong?
@koyettsu OWS protesters don't attack cops or people, thats bullshit. The meaning of OWS is peaceful protesting, which nearly all of them are doing. They aren't taking public property hostage, because they are part of the the public. Of course they're going to break laws, because there are laws preventing protesting, such as a permit, which is against free speech that the the US is supposed to have. Just because something is illegal doesn't mean it's immoral.
@OutoftheblueNinja Like in Oakland where their attempted destruction of City Hall had to be put down by the police who were then demonized for doing the job they were specifically trained for (proper handling of protesters). Peaceful, right.
@Jaytil A few things to consider. How did the police approach? If history is an indicator, they were wearing riot gear; implying that they are looking for a fight. Were the protesters largely violent? Occupy has a history of being peaceful for the most part. Remember that this is Oakland, and that things have gotten nasty here before. There are a lot of factors, but I would say the police came ready for a fight, and as we all know, if you go looking for a fight, you're sure to find (start) one.
@OutoftheblueNinja I direct you to this nice complete record of over 400 crimes by OWS protestors, from Rape, to assault, to theft, publicly explosing themselves, etc. Google OccupyWallStreet: The Rap Sheet, So Far and educate yourself instead of being ignorant.
If you still support OWS after knowing all the horrible things they have done then you are no better. The vast majority of Americans are against OWS because they are a big group of criminal thugs.
@koyettsu You are so full of shit. 400 crimes out of the millions of people that protest? In every single large scale protest, there's always going to be a few people that act like morons. The vast majority of OWS protesters are being peaceful. Permits for protesting are a violation of freedom of speech, people should have the right to protest without paying for a Permit. There are several videos that show that the protesters a
They forgot to mention that Mr. Smith can print all the money he needs anytime. Mr. Smith will NEVER default or become Greece because of this, it is impossible. The dollar will be the victim.
pismo10 21 hours ago
@pismo10
Yeah. But the people who lend Mr Smith his money - aren't going to keep lending to him at these interest rates. And when the rates go up on Mr Smith - he's fucked.
klrdotorg 21 hours ago
@klrdotorg He can print all he wants anytime even if nobody borrows. The dollar is what will die.
pismo10 20 hours ago
@pismo10
Yes. And when the dollar dies - Mr Smith is fucked by that as well.
klrdotorg 19 hours ago
@klrdotorg I absolutely agree. The comparisons to Greece are incorrect is what i am after.
pismo10 19 hours ago
@pismo10
Okay. Agreed.
klrdotorg 19 hours ago
Yes. because America has a life expectancy of 82 years, doesn't regulate the banking system, can only hold one job at a time, can't print money, and doesn't have a vast arsenal of nuclear weapons with which to back its sovereign claims...
The American government is -exactly- like a -person- trying to borrow money!
dirkcjelli 1 day ago
let's all go knocking at the Federal Reserve door and ask Bernanke to raise all of our individual debt limits,
ceovp 2 days ago
There is something important missing from this video. i.e. There is no mention of the assets of the borrower. When the lender, we'll call it the World Bank, determined that the borrower's assets well exceed the assets of all it's other borrowers combined, it doesn't surprising me that it raised the borrowers credit limit. Does it you ???
stevecbrewer 2 days ago
so...why isn't Ron Paul ahead in the polls???
zephyrsimon 3 days ago
This is fucking unreal. Libtards just keep spending, taxing and giving away our future. Pathetic.
CattleRanche 3 days ago
The US can just sell bonds and then sell more bonds to cover the cost of the previous bonds, pretty much infinitely. Other countries are still willing to lend the US money, because pretty much the entire western world is in debt. Doesn't mean that the debt isn't a problem, but trying to say that the gov is in the same boat as a private citizen is pretty ignorant.
Royic 6 days ago
@Royic So. You're saying we're actually running the world's first and only successful ponzi scheme that everyone knows about and are willing to put up with indefinitely?
Airmanf7 4 days ago
@Airmanf7 It doesn't matter if it looks like a ponzi scheme because, once again, this is a county and not a person or business. Most of our debt is in the hands of US citizens, it's not like they don't know the US has debt; they keep lending in the form of bonds and they also keep getting the money they are owed, they don't have any problems with the system.
Royic 2 days ago
@Royic actually its ignorant to keep justifying debt by saying well everyone else is in debt. Youre a fucking dip shit.
cwood4ever 3 days ago
@cwood4ever I didn't try to justify the debt, only pointing out that the US is a country, not a person, and the two having debt are entirely different matters. Don't put words in my mouth, dipshit.
Royic 2 days ago
@Royic I dont need to put words inyo yout mouth fucker. Your stupidity proves itself. Go start a business and run it like this country. After all there are tons of business. nasty fuck get off youtube
cwood4ever 2 days ago
@cwood4ever Are you literally retarded? Why would I want to start a business and run it like a country? I JUST said that running a COUNTRY is NOT THE SAME THING as running a BUSINESS. Jesus, learn to read. Pay extra attention to the words I put in capitals because those are the points you are failing to understand here, obviously.
Royic 1 day ago
@Royic
The distinction you make is true ... BUT, the overall debt has hit such a high number - that addressing it is going to lower all of our living conditions. Our interest on the debt has become such a large portion of the budget, and with interest rates at record lows. When rates rise, and lower interest bonds are retired & converted to higher interest ones, the bulk of our budget will be interest on the debt. We won't be able to provide many of the services that Americans expect.
klrdotorg 2 days ago
@klrdotorg I know it's a problem, I'm just saying it's not the same situation that it would be if a business of person had this much debt, therefore this video doesn't work.
Royic 1 day ago
@Royic
This video gives perspective to people who can't grasp the numbers they hear in the news. You understand the distinction, I understand it, but many people don't. And they keep voting for people who find cool new ways to spend govt money.
Not only is our debt unsustainable, if interest rates rise (and they will), our current debt load is unmanagable. More retirees ready to hit the SS & Medicare payroll, and we're arguing about chump change. We are heading for a cliff.
klrdotorg 1 day ago
Sad, but true
AmerikiDork 6 days ago
this video is about the Democrats and the Rebublicans, understand now?
db302ibew 1 week ago
WELL HELL! isn't this what the ---- is happening in this country by way of the obamination? GIVE ME A BREAK...this video tells it all...CRAP!!
lydmik 1 week ago
Makes me laugh when people blame Obama...the guy who has not finished a single term...blame him for a systematic problem that has accumulated over decades of Dems AND Reps. It is OUR OWN FAULT! We elect idiots who can make a soundbite on TV, rather than someone who will really cut spending and make painful decisions. Nobody's fault but our own.
mdogden 1 week ago
@mdogden, and it was former president Bush who made the debt! But Americans aren't that smart to remember...
ReadeRomke 1 week ago
@ReadeRomke ridiculous statement and naive....as most libtards are.
CattleRanche 3 days ago
@mdogden Obama didn't create the problem, but he's put it on steroids, in less than 4 years TRIPLING the debt he inherited instead of trying to fix it.
scragsma 1 week ago
HA!.. 138 Obamazombies didn't like this one, eh? Barry needs to get his illegal alien buddies to come on YouTuber and help him out here. He's also gonna need every illegal vote he can GET come November!
AmericanZelator 1 week ago
I used to be like all of you and think our children will be burdened with all this debt!...but.... THEY WONT! because the dollar will have collapsed and the debt will be washed away! Now we will only be burdening them with 3rd world conditions! ehh get it win / win situation. "OTHERS SUFFER SO WE MAY LIVE AS WE WISH" Surely if our nation terminates life in the womb, so the mother may live as she wishes, why would our nation have respect for any LIFE!
skittles1854 1 week ago
.... but,... I don't wanna be poor til I die!!
waashopper 1 week ago in playlist Liked videos
By the by; did you not hear Mr Obama, your Emperor, has just made a 'deal' for China to "drill baby drill" right off the coast of Florida, where American Oil Companies are STILL not allowed to drill. Are you liking those prices you are paying at the pump? Oh, and do not expect a "thank you" from China... for Obama still owes China, BIG TIME! P.S. .. America is borrowing money from a country to whom you are still granting million$ in foriegn aid!
TzuSun007 1 week ago 3
Ah,.. so!.. I get it now. The prescription for the 'new' America is extended unemployment checks, food stamps and "free" healthcare for all!... all paid for by your children and grandchildren, that is,.. who will be paying for it throughout their entire working lives. It is THEY who will know the true price of their selfish parents "collective salvation"; i.e. SHARED MISERY. I guess only Mr Spock and friends on the planet Vulcan "live long and prosper" where it is not crime to do so.
TzuSun007 1 week ago 4
@TzuSun007 I only wanted Obama to buy me a new X-Box 360. Honest!.I never thought he's actually 'win' or anything,.. after all, he didn't even have a real Birth Certificate! George Soros told him he didn't need one, anyway, it's not like it's all my fault he won. Everyone else was as sick of 'Bush" as I was. I'm sorry!.. I'd vote for the conservative in Nov. this time,.. but so far all I see from the GOP are a bunch of closet socialists.... like Obamarx 'used' to be.
waashopper 1 week ago 2
@TzuSun007 Exactly!...LOL! " Live Long and Prosper", if you can, my friend!
AmericanZelator 1 week ago 2
This has been flagged as spam show
How can I post this on my blog at seismansays.blogspot.com
This simple video "sums" it up
seismansays 1 week ago
Chilling!
serrocXIII 1 week ago
Good video, but its also geared at face value, not just at the gov't. The American people need to spend within means also and not try to keep up with the Jones'.
cdub1776 1 week ago
Is that the guy from The Punisher?
orangeblood307 1 week ago
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This is a brilliant video. Every American should see it. Most people have no idea how close we are to having our hand forced. When interest rates go up on the debt, we won't be able to pay for half of the services we currently have.
klrdotorg 1 week ago
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This is a brilliant video. Every American should see it. Most people have no idea how close we are to having our hand forced. When interest rates go up on the debt, we won't be able to pay for half of the services we currently have.
klrdotorg 1 week ago
This is a brilliant video. Every American should see it. Most people have no idea how close we are to having our hand forced. When interest rates go up on the debt, we won't be able to pay for half of the services we currently have.
klrdotorg 1 week ago
@klrdotorg
I agree. And then will these same idiots who want to increase spending now, be content that they have nothing later?
GammaSigmaBeta 1 week ago
Financing 40% of our federal governments cost is immoral. Where would we be today had previous generations felt it was acceptable to finance 40% of their governments cost unto us? No business or household can sustain this type of debt and the federal government will find out it is no different. And there is only 1 candidate that is serious about fiscal irresponsibility and that is Ron Paul, yet the MSM labels him as a kook. In that case we need more kooks.
mtoasty 1 week ago
@mtoasty Actually, the past few generations already did. The "excess" soc. sec. funding that get put into the "trust fund" is converted to federal bonds and the cash over the years was spent on increased gov't spending with the notion being that the bonds would be repaid by future generations. So in 2018 when SS expenditures exceed SS income, we'll be on the hook for everything and if we don't crash before then, we will crash soon thereafter.
dlstb 1 week ago
@dlstb Money is debt, get rid of the debt and there is no money (and still debt). Growing, can't keep doing that either as it isn't possible. So we keep going on the path we are on. It is a economic system primed to explode.
pvisserandorra 1 week ago
The guy applying for the debt increase should have argued that his current deficit of around $16k would be negated by reducing future deficits by the same amount spread over the next 10 years.
whitechocolatespace 2 weeks ago 8
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next year = 16 trillion.. LOL
bennlonelyboy 2 weeks ago
Pledge allegiance y'all and pass it on to your grandchildren. Don't worry,there won't be a USA by then. It will be called Greece. If you study the new NDAA bill you will understand that the powers in Empire,D.C. are getting ready for the riots.
TheSonofsouth 2 weeks ago 11
@TheSonofsouth Isn't scary ?
amareto35 1 week ago
Almost any fool (except congresscritters) can learn from his mistakes, but smart people learn from other people's mistakes. When the Progressive Wilson left office in 1921, unemployment was about 15% (the statistics are iffy). Harding reversed Wilson's policies, balanced the budget, cut taxes, and in a year unemployment was down to about 2.4%. If the Obama administration was smart, they would look and see how Harding got us out of a recession so quickly.
esbuck 2 weeks ago
the information that it gives at the end.. is that even fcuking true ??
roshan637 2 weeks ago
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xcvsdxvsx 2 weeks ago
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@roshan637 i wish it were friend, unfortunately it paints a unrealistically rosy picture, the fact of the matter is that it doesnt even include the unfunded liabilities which DWARF the official debt statistics
xcvsdxvsx 2 weeks ago
@roshan637
yeah the whole video was to show how amazinglywastful and stupid our gov't is
Jason322 2 weeks ago 2
1. debt is bad.
2. recession is worse.
3. increase debt, escape recession, pay debt.
htedrom 2 weeks ago
@htedrom Why would increasing debt cause the recession
to end.
Keynes was wrong. Check out the alternative
Hayek.
If increasing debt can transform a poor economy
then all debtor nations would be prosperous.
Productivity is the answer. Shyster financial
gimmicks produce nothing.
fntime 2 weeks ago
@fntime haha I've read Road to Serfdom, have you? it's math.. the cost of a 8-9% unemployment rate over a few years, not including any employment hysteresis effects, is huge. Even Friedman was for stimulus in a recession.... people screaming about the debt and Hayek are people with a preset political position looking for economics to back them up, when it should work the other way around. What Hayek have you read?
htedrom 2 weeks ago
@htedrom You have to pay the debt sometime and increasing does no good except put into more debt idiot. The answer is to rely more on on our own factories, cut down on imports and rely on our own productivity.
lukeab13 2 weeks ago
Amusing clip, but it promotes the fiction that a government budget/debt is like a family budget/debt, and that simply isn't true, as several other commenters have noted. Debt is the lifeblood of an economy; it stabilizes government functioning, including national defense, while the general economy fluctuates, as it always has. The Great Recession was the result of profligate spending by a GOP government, powered by 9/11 disproportionate FEAR.
jwheeler59 2 weeks ago
@jwheeler59 Savings, not debt, used to be the lifeblood of the economy.
cgj151 2 weeks ago
@cgj151 Really? You must be remembering the Great Depression and/or WW II !
jwheeler59 2 weeks ago
America please, do some reading on how our monetary system works. YOU ARE PAYING VIA TAXATION JUST TO USE THE DOLLAR BILLS IN YOUR WALLET. This whole argument about which president ran up the debt is IGNORANT. DOLLAR BILLS ARE CREATED THRU BORROWING, which must be payed back WITH INTEREST. That is why NO MATTER WHO IS PRESIDENT, THE NATIONAL DEBT WILL CONTINUE TO RISE, TO CREATE DOLLARS TO PAY THE INTEREST.
GalaktikNinjA 2 weeks ago
@GalaktikNinjA If you do want to blame a president, Woodrow Wilson opened the way for the Federal Reserve scammers, one of his greatest regrets.
FluffyBunniesOnFire 1 week ago
You guys are all knuckleheads, including the makers of this video. ALL of the currency in circulation is CREATED THRU BORROWING. If the national debt were payed off there would be no more currency in circulation.The national debt MUST continue to grow in the current monetary system, to create new currency to pay the interest on existing debt. When the Gov borrows, it creates currency, but the interest owed is not created, therefore, they have to keep borrowing more into existance to pay interest
GalaktikNinjA 2 weeks ago
@GalaktikNinjA You are correct, but the Treasury still does maintain the right to print money bypassing the Fed, and the interest payments.
cgj151 2 weeks ago
@cgj151 Sure they maintain the right, but they don't exercise it.
GalaktikNinjA 2 weeks ago
I sure dont understand the dislike group!!!!
mrouterrim 2 weeks ago
@mrouterrim They're most likely bureaucrats or congressmen on vacation and have nothing better to do.
dcsimm9 2 weeks ago
Congratulations! The USA is the new North Korea, where their generals sit fat and pretty while the majority of the population starve. It's not too late to change.
novicemilk 2 weeks ago
This situation will not last long. Something is going to have to change. When the entitlements stop, people actually have to work for a living. Most people have a hard time moving from the welfare to the shovel. That will be when everything falls apart.
trickmisterthird3 2 weeks ago
@trickmisterthird3 The 2 big ones, Medicare & Soc.Security function out of people's contributions, therefore people are "entitled" to them. Those 2 bedrock programs R not welfare. I "worked for a living" from age 14 till now. I'm 67 & still work. I paid into soc.sec & medicare for all my working life. How do you call that welfare? Your parents & grandp's & you too will be receive the benefit of those programs. Are you all welfare bums? I know I'm not.
Loejyrrab 2 weeks ago
@Loejyrrab Please forgive me, I should have said when hand outs stop. That is what welfare is, entitlements are payed for by the population and should be paid. With that being said you are entitled to yours and I am entitled to mine. However, i will say again if things do not change we all are in deep trouble.
trickmisterthird3 2 weeks ago
@trickmisterthird3 I agree completely. The question remains however, what kind of change is required. I'm sure you have some strong opinions on that as I do. I don't have the strength to debate that tonight. All the best to you!
Loejyrrab 2 weeks ago
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@trickmister The 2 big ones, Medicare & Soc.Security function out of people's contributions, therefore people are "entitled" to them. Those 2 bedrock programs R not welfare. I "worked for a living" from age 14 till now. I'm 67 & still work. I paid into soc.sec & medicare for all my working life. How do you call that welfare? Your parents & grandp's & you too will be receive the benefit of those programs. Are you all welfare bums? I know I'm not.
Loejyrrab 2 weeks ago
You're Dr. Galakiewicz? "Yes. I. Am."
YouTube slash watch?v=Co_Ph6zvPNY
SweetSpotGuitar 3 weeks ago
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SweetSpotGuitar 3 weeks ago
Harry Reid can go to hell.
longlivecrow 3 weeks ago
The problem is the mindset. They actually believe the economy will get better by spending more. So for them, they are working on the solution, but they are bankrupting the country.
TheFitSwitch 3 weeks ago
@TheFitSwitch The country is bankrupt by borrowing trillions for 2 absolutely insane wars and by historic fraud on the part of our financial institutions. Remember we enjoyed a balanced budget & surplus only 10 yrs ago. Tax cuts for the rich, 2 ridiculous wars and massive fraud sunk us. We needed to spend after the collapse to save the country. We are climbing out of it and can begin to deal with the debt after the econmy starts humming. It's happening.
Loejyrrab 2 weeks ago
@Loejyrrab
If you didn't notice, you are the guy in the video asking for his debt limit to go up. You need to pull your head out of the sand because your hurting my kids.
The "balanced budget" you speak of was a parlor trick--the debt was going up even when they claimed the budget was balanced. The "economy starts humming" may or may not happen, but it's a lot less likely with the wet blanket of Govt. Debt, taxes, and regulations weighing us down. The fraud you speak of is Govt fraud. Wake up.
spencerstang 2 weeks ago
@spencer 1)For ur info, the Pres. who asked for the most increases in the debt ceiling limit was R.Reagan, @ 19 x's. He tripled the national debt. Google it. 2nd)Ur facts on the "bal budget" R wrong sir. When Clinton took office, the Nat.Debt was aprrox 4.7 tril, when he left it was approx 5.4 tril. and decreasing. Those #s are available to all with the curiosity to learn them. Repubs don't claim those #s were phony as U do, they just want credit for it. Repubs hurt ur kids, not me, U wake up.
Loejyrrab 2 weeks ago
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@TheFitSwitch The country is bankrupt by borrowing trillions for 2 absolutely insane wars and by historic fraud on the part of our financial institutions. Remember we enjoyed a balanced budget & surplus only 10 yrs ago. Tax cuts for the rich, 2 ridiculous wars and massive fraud sunk us. We needed to spend after the collapse to save the country. We are climbing out of it and can begin to deal with the debt after the econmy starts humming. It's happening.
Loejyrrab 2 weeks ago
Buy Gold and Silver or suffer like the masses!!
vambo13257 3 weeks ago
Unfortunately, most of you need to take a hard look in the mirror and say, gee I have a cush, high paying, local, state, or government job OR I am military and ONLY military because of compensation OR my family spends more money than I have income, thus my PERSONAL BALANCE SHEET is a DISASTER as well. Look in the mirror America. You are the problem!
Oh I forgot, if you vote for any politician who puts us into needless war, guess what????
fatboy407 3 weeks ago
ROFLMAO
bigbadcrazykillahbee 3 weeks ago
Vote Ron paul 2012 and fix this mess up!
bostjankramar11 3 weeks ago
The real debt with the derivatives and unfunded liabilities is about 600 to 700 TRILLION!!!
stevey65 3 weeks ago
Here's a question:
Who the hell is the debt holder? The Federal Reserve you say? Isn't that a government agency? So we owe ourselves trillions of dollars?
Next thing you're going to tell me is that the Federal Reserve is run by a private board.........
bluerap04 3 weeks ago
@bluerap04 Yes, federal reserve is a private entity.
Other countries hold alot of USdebt. Like China, which owns like 3trillion in USD.
joggingskor 3 weeks ago
No problem caused by the federal government will be solved through elections because the elections are rigged to only allow banker shills like Romney and Obama to get elected. The only way to solve this is to vote for libertarians in all the state elections. They will nullify all unconstitutional federal laws and go back to a gold standard. That is the only way to will kill the Washintonian Empire and free us from the tyranny..
michaelpshipley1 3 weeks ago
Looks bad on paper, but wait till the real impact of worthless script fiat money, runaway inflation, & Greek style street violence in most or all American cities becomes reality. Ammunition & survival skills will be the real currency.
igotta9 3 weeks ago
Many congrats to Brian, Eddie, Craig, Brian and Gus for hitting 1 Million hits! Way to go guys. Keep making films!
SethWMeier 3 weeks ago
All the man (applying for the increase) needs is to start printing his own money. Isn't that what the Treasury is doing for the Prez.
igotta9 3 weeks ago
whats funny is even when this was posted we werent even in a recession... most of america still believes we are lmfao, oh uneducated we are..
PSYCOxSTEVE 3 weeks ago
THIS IS GREAT! THIS SHOULD BE TRANSLATED INTO SEVERAL LANGUAGES INCLUDING SPANISH. PEOPLE NEED TO KNOW ABOUT THIS !!!
djkennothon 3 weeks ago
LOL the end is brilliant!
askii3 3 weeks ago
RON PAUL!!!!!!!!!!!!!!
SuperBipolarMan 3 weeks ago
I think it would really add to the video if you added in something to corrolate to the idiotic taxing of the rich concept that is being pushed. People seem to miss that it would have almost no effect on our situation.
ThrottleAbuse 4 weeks ago
brilliant
hejjagheterpal 1 month ago
2:40 LOL
MrBigEnchilada 1 month ago
Fuck this u baby boomers are running this country into the ground. Im not paying an ounce of my money for YOUR debt. I'd sooner leave the country than pay for your mistakes and inherit a fucked up country. My great grandparents moved here from Denmark because America had opportunities but that is no longer true! One spoiled entitlement generation has bankrupted and ruined us. Time to return to my ancestral lands
dhockey63 1 month ago
@dhockey63 BYE!
Jaytil 1 month ago
Doctor Galazkiewicz
texasstadium 1 month ago
Ironic that the ad banner that comes up during the video is an ad for Obama.
Abigsoxfan 1 month ago
Totally true analogy. This country has been hijacked by demagogues and their armies of those seeking entitlements. The solution of shock therapy can kill the patient though before it helps him recover.
labroshydras 1 month ago 9
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@labroshydras ".their armies of those seeking entitlements."
->
you're an idiot. poor people aren't responsible. the owners of the FED tell the FED to tell the American government to raise the debt limit.
DEBT = MONEY
If the FED stopped to print money, we would enter into a severe depression.
If the American government ever paid the whole debt back, there wouldn't exist a single dollar on the planet.
Instead of killing the poor, we better change our idiotic monetary system.
yutuboslaven 2 weeks ago
Ron paul 2016
OutoftheblueNinja 1 month ago
First time in a limousine......doc-tor?
texasstadium 1 month ago
why spread the word.. let them run it into the ground and bankrupt the country.. turn it into a banana republic.. those in the know are getting out of debt.. the sheople who drink the kool aide will suffer and they deserve to for being so ignorant to the truth.
navtel 1 month ago 16
@navtel
No, it will either be a extreme dictiatorship or states will break a part re-form a union or become part of canada, lol. Its actaully not funny but somehow it is funny
Ryukikon 3 weeks ago
@navtel - You are wasting your time. People only ever think about what affects them, rather than what affects everybody; its human nature. yes, the US WILL go bust and the vast majority of American's will blame everybody for wasting money apart from themselves. We see this in the UK too, but people just seem ignorant to it as long as they get their share. I sometimes wish that the UK would go like Greece just to wake people up. I think that this is more that a wish, but a sure thing...
harperonline 3 weeks ago
@harperonline We bankrupted ourselves in the USA by engaging in unpaid for wars, not welfare.
Loejyrrab 2 weeks ago
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bbrainweb 2 weeks ago
@Loejyrrab I think your math is wrong. The deficit is larger than the entire defense budget. Look it up.
bbrainweb 2 weeks ago
@bbrain Yes it is. Yet in 2001, when Bush began there was no budget deficit. In fact he inherited a 120 bil SURPLUS. Had he taken care of business that surplus was projected to reach 5 tril in 10 yrs. But along comes the massive Bush tax cuts for Romney, Trump and their friends, 2 UNPAID FOR wars amounting to tril's, an unpaid for Presc Drug Benefit for 100's of bil's. and a Repub depression & presto, we're back into deficits & Romney's $ is in Swiss accts. But we're back on track, BO 2012!
Loejyrrab 2 weeks ago
@Loejyrrab
Wtf are you talking about? Obama is just as bad as Bush; if not worse.
But hey, I guess BO being able to spend MORE then Bush in a 4 year span is pretty impressive...
lodziana666 2 weeks ago
@lodziana Bush inherited utopia.130bil surplus,22 mil new jobs &peace. What did he do? Blew the debt from 5 to11tril & caused a 2nd grt depresion. By Oct 2009, the end of W's last fiscal yr, unemp rate hit 10.3. He left 6K dead US soldiers & 100's of K's wounded. It will cost tril's to care for these men in the yrs to come. Should BO get blamed for that spending too? Ending Bush's wars responsibly is expensive. His fault? BO led to save our main mfg bus, AUTOS. He'll be re-elected in a ROMP!
Loejyrrab 2 weeks ago
@Loejyrrab You are smoking some bad weed so get some help.
jthorpe64 2 weeks ago
@jthorpe64 No thorpe my weed is good shit. You'd love it I'm sure. My advice to you dimwit is to read all my posts. Read them and learn something about economics you jerkoff!
Loejyrrab 2 weeks ago
Yep...
sphereme 1 month ago
These things always forget the Banker's Ponzi scheme and the fact that Corporations and investment bankers never pay their share of taxes. Just keep blaming yourselves...the bankers are laughing and the rich get richer while you all fight among yourselves and Ron Paul is only out to screw you more! You'll get even less for your taxes and he will demilitarize our economy, which would be okay except he has no ideas to replace all that pork and employ all those soldiers. What a sorry mess.
MrRickleon 1 month ago
@MrRickleon Fair share is always is little loose for my taste. US corps that hire employees here should not have to pay taxes (attracts capital). Investment banks need to gamble with their own money not be able to borrow from FED (Glass steagal put back would solve that or just get rid of FED). We need massive spending cuts and a simplification of tax code while lowering rates. No more loop holes for anyone. That would give us a shot anything else if rearranging deck chairs on the titanic.
sphereme 1 month ago
@MrRickleon There is no plan to replace the "pork". For the soldiers' employment, you'd be suprised how a healthy true free market can absorb 15 million jobs easily. A few soldiers cycling out from the services is peanuts. You'll be even more astounded by how fast the economy will rebound if proper policies are put in place.
Bankers always have their games. Adopting Paul's decentralization of power will go a long way in making sure they don't get as predatory as they are today.
GabrielXXIst 1 month ago
Anyone who thinks Obama, Romney, Gingrich, or Santorum will actually make a dent in our debt is a fool. Ron Paul predicted our failing economy to the T in 2002 and proposed many things to combat it, but he's the crazy one? Maybe the crazy ones are the people who consistently believe the stuff that our Government tells us without question. Ron Paul is our only hope.
kjgallagher4 1 month ago
It's the banksters that are the great enablers by basically giving the whores and drunken sailors in Congress all the money they want. Welfare to warfare and every scheme in between. Nope, if you want to (execute or) throw someone in jail for this it's the central bankers that are completely responsible. And as soon as that economic idiot called John Q. Public wakes up & figures out who screwed who, the Earth won't be large enough for these maggots to hide on. It should be quite exciting times!
chuxtuff 1 month ago
I refuse to pass this on to my children. Time to liquidate debt!
jonathanpascal25 1 month ago
I heard it straight from the horses mouth and didnt need MSN,CNN,or any other liberal media to tell me what he said.You can probably listen to most right here on this web site,Im not sure.
Texasminuteman1 1 month ago
Ron Paul wants to do away with immigration laws,legalize pot,cut the military,not support Isreal,and these are just a few not so good ideas.If you think they are then you're just as big an idiot as Bush and Obama!!1
Texasminuteman1 1 month ago
@Texasminuteman1 Let's see... Wrong. Wrong. Wrong. Learn about his positions. Just don't listen to the MSM.
ks3842 1 month ago
@Texasminuteman1 He wants to CHANGE immigration laws. Legalizing Pot will do no harm, alcohol is much worse for you. He wants to cut oversees military spending and bring the troops home, not "cut the military" as you say. Netanyahu recently went before Congress and said they dont need help defending themselves. Ron Paul never said anything about not supporting Israel. If they say they dont need our help then so be it.
kjgallagher4 1 month ago
Fire #Congress and send true #citizen representatives to DC. JOIN #GOOOH at GOOOH.com
KelmiUSA 1 month ago
STOP #SPENDING! VOTE #RONPAUL ! WOO HOO
KelmiUSA 1 month ago
To make the analogy more accurate he should have mentioned that of the $38,000 that guy spends about $8,000 is for 'hunting trips' and $15,000 is to support his parents. Expensive stuff, so why doesn't this guy get a better job? BECAUSE THAT IS SOCIALISM GRRR!
Ron Paul is a fool. Don't vote for him.
TheOverworker 1 month ago
@TheOverworker If you hate socialism, then by default you should love Ron Paul. If you dont then you have conflicting values.
kjgallagher4 1 month ago
To make it more realistic ....he should have had grandkids brought in...
rebelyell1983x 1 month ago
Stop this madness.
Ron Paul 2012.
xcdude35 1 month ago
That must be obama's Dad....he must have had a bunch of democrat kids who ended up in congress
gareof 1 month ago
It's even worse than this if one looks at Shadowstatsdotom and does their own research. "Entities" from BOTH parties including McConell of Kentucky, Bohner, Lindsey Graham, and many others should have their nuts placed in a cigar cutter for how they have intentionally raped this country and the future of our children! Think that is harsh? Wait a year, you'll agree and want even more.
spokewhilehecould 1 month ago
"What is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom." - Adam Smith
cjeetb 1 month ago
@catbeht Do you really think we should be cutting our defenses? While China and Russia are spending 50% of their GNP on defense right now and building up their militaries at a alarming rate, and Iran and North Korea have Nuclear rockets some that can reach the US.
glennberkusa100 1 month ago
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What is the government's CREDIT SCORE?LOL I want to raise my debt limit.but gee, no job or money..Its ok for the Government to give money to foreign Countries year after yer an the foreigners say Ahhh American Presidents r good!They helped us in our time of need! WHO IS GETTING HELP HERE? What the BLEEP! Government should give back their raises and benefits since they F*d everything UP..RIGHT? Bla Bla Bla LOOK WHAT THESE PAST COLLEGE GRAD PRESIDENTS HAVE BROUGHT US! Obama is fixing THE MESS!
catscellar 1 month ago
To anybody who thinks this video has credibility: Must read/watch
businessinsider(dot)com/the-most-destructive-monetary-myth-in-the-usa-2012-1 <--obviously replace "(dot)" with a "."
goldenshots 1 month ago
Right, raise some more income - that is called revenue or TAXES
wiselionman 1 month ago
anyone who wants to vote for Obama... think about the message of this video. Another 2.1 Trillion extra debt sinds 2011 august. Thats the right President for YOU, or maybe NOT?
MrEdwinauer 1 month ago
Vote for Ron Paul if you want the debt reduced. The other repubs and dems will NOT reduce the debt. The two major parties support big government. Don't be fooled.
U2GuitarTutorials 1 month ago
1.63 TRILLION DOLLARS PER YEAR ON DEFENSE OF OUR COUNTRY. MORE THAN THE ENTIRE REST OF THE WORLD SPENDS BY FAR.
catbeht 1 month ago
@krane11000 That is a good point. I agree.
kseismoloj 1 month ago
RON PAUL R3VOLUTION!
cskooger 1 month ago
Funny thing is if you raise the taxes on the rich people that own the government things would literally change overnight, cuz they wouldn't like it ;)
raiyden79 1 month ago
Ron Paul 2012! The only candidate who offers a plan to cut spending and actually balance the budget in one presidential term.
DavidKretzmann 1 month ago 2
Ron Paul 2012
darkknightsds 1 month ago 39
Woah dyne313... I paid into my SS account for fifty years, as did my employer. Do not group me with all the people on welfare for three generations who have never worked. I take offense!
fairygram 1 month ago
epic!
waynepatrickdenman 1 month ago
now how's THIS for an 'inconvenient truth'..?!
mennoix 1 month ago
But hey, didn't you listen? New income, that's the key to this whole thing! All we gotta do is raise the TAX RATE on all those millionaires and billionaires and private jet owners. Oh yeah, and also raise the capital gains tax. Make the evil rich people pay their "fair share" and all our problems are over. Just raise taxes and keep on spending - that's the road to prosperity!
BrisbaneLR 1 month ago
FUNNY??? uhhh..................not funny if you realize this is EXACTLY what our children & grandchildren are facing! VOTE FOR RON PAUL!
5558rguy 1 month ago
Super funny.
jpollard117 1 month ago
bush and obama should be in jail.
RON PAUL 2012
hyylo 1 month ago 44
@hyylo There are a lot of politicians that should be in jail, along with a large portion of the OWS protestors.
koyettsu 1 month ago
@koyettsu that would be a dictatorship bro.
OutoftheblueNinja 1 month ago
@OutoftheblueNinja By all means elaborate because I was under the impression that criminals should be charged, judged and if found guilty placed in jail. You have politicians who broke the law (Peloci, Dodd, Frank, Bush, Obama, etc) and their pledge to America and the Constitution, thus they should be charged for their crimes. OWS has broken countless laws, they attack police/people, take public property hostage, they are criminals and should be charged for their crimes. Where am I wrong?
koyettsu 1 month ago
@koyettsu OWS protesters don't attack cops or people, thats bullshit. The meaning of OWS is peaceful protesting, which nearly all of them are doing. They aren't taking public property hostage, because they are part of the the public. Of course they're going to break laws, because there are laws preventing protesting, such as a permit, which is against free speech that the the US is supposed to have. Just because something is illegal doesn't mean it's immoral.
OutoftheblueNinja 1 month ago
@OutoftheblueNinja Like in Oakland where their attempted destruction of City Hall had to be put down by the police who were then demonized for doing the job they were specifically trained for (proper handling of protesters). Peaceful, right.
Jaytil 1 month ago
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@Jaytil A few things to consider. How did the police approach? If history is an indicator, they were wearing riot gear; implying that they are looking for a fight. Were the protesters largely violent? Occupy has a history of being peaceful for the most part. Remember that this is Oakland, and that things have gotten nasty here before. There are a lot of factors, but I would say the police came ready for a fight, and as we all know, if you go looking for a fight, you're sure to find (start) one.
OutoftheblueNinja 1 month ago
@OutoftheblueNinja I direct you to this nice complete record of over 400 crimes by OWS protestors, from Rape, to assault, to theft, publicly explosing themselves, etc. Google OccupyWallStreet: The Rap Sheet, So Far and educate yourself instead of being ignorant.
If you still support OWS after knowing all the horrible things they have done then you are no better. The vast majority of Americans are against OWS because they are a big group of criminal thugs.
koyettsu 1 month ago
@koyettsu You are so full of shit. 400 crimes out of the millions of people that protest? In every single large scale protest, there's always going to be a few people that act like morons. The vast majority of OWS protesters are being peaceful. Permits for protesting are a violation of freedom of speech, people should have the right to protest without paying for a Permit. There are several videos that show that the protesters a