Hillary Clinton Is Wrong For America Thread

[Xavier_Onassis]

"With all due respect," she told a crowd in Iowa. "I don't think living in a foreign country between the ages of 6 and 10 is foreign policy experience."

But is living in the White House between the ages of 45 and 53 foreign policy experience?

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I would say that Hillary has more foreign policy experience than Obama. But Obama seems to have a greater empathy for people in other countries. Hillary has a pro-Israeli knee jerk reaction that Obama does not seem to have. Of course, any NY senator is forced to suck up to Israel just to stay elected. There are a lot of one issue Jewish voters in NY, and Israel is their one issue.

More important is who the next president will turn to for foreign policy expertise. No Democrat will turn to Kissinger (aka ExxonMobil)  or the disastrous NeoCons, and that is a plus.

[Xavier_Onassis]

You want the government to replace government funds with government bonds?
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No, the government alrady does this and has done it for decades. Bonds are placed in the Social Security Trust Fund in es=xchange for tax revenues which have already been collected. They arte not doing this because I want it done, they have always done this.

These bonds can be redeemed for cash, just like the bonds they have sold to the Chinese or T-Bills the government issues regularly.

The government collects more money from Social Security payroll deductions than it pays out and always has. The excess is exchanged for these bonds, which bear interest, just like T-bills.


I have said nothing about the bonds being backed by any power to tax.

The bonds are backed by the US treasury, just like the bills in your pocket, except these bonds bear interest.

They are like the bonds we sell to the Chinese, Koreans and Japanese for money.

As I said, if you don't understand this, your opinions are nothing more than Limbaugh hot air.

[Plane]

I have said nothing about the bonds being backed by any power to tax.

The bonds are backed by the US treasury, just like the bills in your pocket, except these bonds bear interest.

They are like the bonds we sell to the Chinese, Koreans and Japanese for money.

As I said, if you don't understand this, your opinions are nothing more than Limbaugh hot air.

How is it inconceveable that the US treasury can not be emptyed?
The value of the US treasury itself is the power to tax the people of the US.
If a company sells more bonds than rateing agencys think it can repay , the bonds get lower rateing and sell for less , even bonds that are already sold loose value.

A country can't sell junk bonds?

[Xavier_Onassis]

The Treasury is not full, and therefore cannot be emptied. You seem to think it it as a pirate's chest full pof booty or something.
The US government does not send gold or silver to pay it debts or redeem its bonds. At most, it prints more money. That is how Juniorbush is financing his hideously expensive war, by printing more money. This explains why the dollar has dropped in value when compared with the Pound, the Euro and the Yen.

The SS Bonds will never be sold to anyone. They will be redeemed, and interests must be paid on them.

Israel has sold junk bonds for years and years. When they lose money, the people who bought them deduct the loss from their taxes, and they raise the losses from other taxes we all pay. Lots of countries sell low quality bonds, but less successfully, because unlike Israel, many fewer people think they are worthy of charity.

[sirs]

...At most, it prints more money. That is how Juniorbush is financing his hideously expensive war, by printing more money. ...

SOURCE, if you please

[Xavier_Onassis]

It is bloody obvious.

He isn't getting the money in tax revenues. He is borrowing from the Chinese (which means issuing bonds) or he is printing money.

Or perhaps he is pulling it out of Dick Cheney's ample rectum.

[sirs]

It is bloody obvious.

LOL....ahh, the ever famous "obvious" source.  This time, it's even bloody     

He isn't getting the money in tax revenues.

Actually, according to the facts, tax revenues are at an all time high

"With more Americans working and more businesses thriving, our economy has produced record tax revenues. The Treasury Department recently reported that this year's Federal revenues are up eight percent over last year. As a result, our Nation's budget deficit is about one-third lower than it was at this time last year" ... WH 6/07

CBO Federal projections

CBO data reflecting the rapid increase in tax revenues

Performance and Accountability report FY 2006

Now, do you have some similar "obvious" links that demonstrates that Bush is simply printing more money??

[Xavier_Onassis]

Even supposing revenues are at at "all-time high" , so are expenditures. The Iraq War has cost about a trillion dollars. Taxes can't cover that. The remainder of this vast sum is being paid by printing money.

Explain why the dollar is so far below the Euro, the Pound, the Yen, and the Canadian dollar. I double dog dare you.

[The_Professor]

I have advocated for quite sometime the implementation of a balanced budget at the Federal level. Can we do this painlessly? Heck no. But, we should make the difficult choices to allow this to happen, for thesake for the country and future generations. Also, the process of doing this would educate everyone on the painful choices that simply must be made and the necessity for additional revenues as needed to cover add'l services. You want services above and beyond what the Federal Government provides? Then you fund it at the local and/or state level or raise Federal revenues. No free lunch!

[sirs]

Even supposing revenues are at at "all-time high" , so are expenditures.

Which has ZIP to do with the notion that Bush is "printing more money to fund the war".  And expenditures INCLUDE significant increases in DOMESTIC SOCIAL PROGRAMS...the hallmark of the liberal Democrat agenda.  Point being, while I've presented sources that invalidate the accusation that we're not getting increased tax revenues to fund whatever, you have provided ZIP evidence towards this "Bush printing more money to fund the war" nonsense, outside of your standard "obvious" mo.  Obvious perhaps to blinded rabid Bush haters

[Xavier_Onassis]

You haven't provided doodly-squat.

[sirs]

LOL........obviously

[R.R.]

The Iraq War has cost about a trillion dollars.

Link?


 

The remainder of this vast sum is being paid by printing money.

Link?

[Xavier_Onassis]

Once more, explain how it has come to pass that the Euro, the Yen, the Pound and the Canadian dollar have held their value while that of the dollar has plummeted.

[sirs]

Once more, Xo, demonstrates how he has zilch evidence of his accusations, outside of trying to get someone else to do it, along with the famous "obviously" tactic of evidence