Switchers

Lifelong democrats that supported @BarackObama are now supporting @MittRomney. WATCH their stories and see why: http://gopconvention2012.com

• Category

  News & Politics

[TheSmartLawyer]

I know many democrats, independents, and "moderate" republicans who will not be supporting Obama this time around and they feel even worse knowing that they missed all the warning signs which the liberal media did its best to conceal in 2008

[Liberator8049]

You sir are technically considered a retard.

[ronifae]

example?

[ronifae]

If they are so committed to Romney, why don't they give their names? Has anyone fact-checked this to see if these people are for real or paid performers?

[cheeseburger12]

"Of course it has to be paid," And what the heck makes you think that our debt will be paid? How? In a few decades social security, medicare, and medicaid spending will be greater then total federal tax revenues. And we are at 100% debt/GDP now...what then? We've already screwed our children...without even factoring the stimulus debt or Bernake's Quanative Easings. If the interest rates just increase a little, that is a hell of a lot more debt we can't pay.

[hillzagold]

Of course it has to be paid, that's the definition of debt. Still, would you handle debt differently if you could live to be 500 years old? And if most of your debt was held by your own children?

[cheeseburger12]

Handle differently? Whether you are a country or a person, debt still has to be paid. And if a country wants to spend more then its tax revenues, it has to issue bonds. When enough people realize that they can't get paid back, they stop buying bonds. Which means that either massive cuts happen practically overnight, or the money becomes worthless. Greece is at that point. Japan is close. We aren't as far as you think with all those retiring baby boomers.

[hillzagold]

We're not talking about people, we're talking about countries. There are a dozen reasons why they aren't the same, starting with a country being immortal. You'd handle your debt differently if you were 230 years old, wouldn't you?

[cheeseburger12]

"A doomed country causes ridiculously high debt, not the other way around.'

Seriously? Japan is in denial. Just like Greece was 5 years ago. And if "good economists" think 200% debt/GDP isn't ridiculously high then its going to be a very sad century full of people with no concept of savings. I wonder how long it will take for people to relearn basic principles again.