It's an Obamanation

[The Riddler_]

We don't owe the money to ourselves, we owe it to the Federal Reserve Bank, a private group of bankers that have complete control over our currency.

Thanks for the info.

What it will really do is massively devalue the dollar, destroying whatever wealth people have.

How can it devalue the dollar if it's funding operations?

I believe Obama is very niave and full of himself when it comes to thinking he knows what hes doing when it comes to politics and war.

He seems to know what he's doing.

 

[קּאָףּ]

i agree with the riddler__

 

[DropKick Murphys]

How can it devalue the dollar if it's funding operations?

Where do you think they are getting the money? They are deficit spending, just printing new money to be spent. If you can't understand why that would devalue existing money you're an idiot.

 

[The Riddler_]

Where do you think they are getting the money? They are deficit spending, just printing new money to be spent. If you can't understand why that would devalue existing money you're an idiot.

They're using tax money.....Or atleast I thought they were?

 

[DropKick Murphys]

They're using tax money.....Or atleast I thought they were?

Well part of it may be tax money but they simply cannot get that much money from the population. That is where deficit spending comes it - spending money you don't have. While I morally have a problem with taxes, spending money you don't have is even worse.

I can understand your previous statements now if you didn't realize it wasn't tax money

 

[The Riddler_]

After watching program after program, I didn't hear anyone mentioning printing more money.

I'll look more into it, Thanks!

~ Riddler

 

[theripcity32]

No one is printing more money. That's what you assumed. Like I said before, we're borrowing this money from foreign economies.

 

[Shredderbeam]

How can it devalue the dollar if it's funding operations?

The value of the dollar is not based upon a precious metal, it's based upon the number of dollars in circulation. The more money is pumped in, the more money is in circulation, the less each individual dollar is worth.

 

[The Riddler_]

The value of the dollar is not based upon a precious metal, it's based upon the number of dollars in circulation. The more money is pumped in, the more money is in circulation, the less each individual dollar is worth.

Yes I know that, but that was before I knew they were printing money, please read above ^^

 

[Shredderbeam]

Yes I know that, but that was before I knew they were printing money, please read above ^^

They don't have to actually print more money for inflation to go up. It just has to be in circulation.

 

[Inventor]

Wow, our Obama wants to reach out to moderate terrorists of the Taliban in Afghanistan. In a recent poll out of 186,064 Americans, 66% like Bush's policy better. I guess we really never opened our eyes to the real president and his amazing actions. It might have taken him awhile to comprehend the situation of 9-11, but he kept this nation safe until his term ended. We all should open our eyes and realize that this president doesn't know what he is doing. The recession is on track to be longest in a postwar period. His stimulus created pointless spending in projects such as volcano monitoring. We could have spent that money on people's credit problems, or financial institutes such as banks. To everyone reading this, please open your eyes.

Stop using made up stats, let alone "verified" stats to use as false proof for a ridiculous idea, such as this. What are you trying to say? You can gauge some sense of Obama's sucess this early in the game? What eyes should I look through? Eyes that see oh blah blah the economy is bad. Let me cry in a corner and wait for Obama to wave his magic wand to make something happen

 

[saberd]

1. 9/11 - Government
2. The recession was started by Bush in the first place
3. If you leave the war on good terms they won't strike.
4. The stimulus went to alot of things including credit.
5. My eyes are more open than you are.

Bush
- lead us into a pointless war.
- Started a Recession
- Made it so the rich got richer
- Wasn't too involved with helping average citizens.

- The pointless war resulted in the capture/execution of over 20,000 TERRORISTS WITH GUNS AND BOMBS
- There was no recession, just the US wanting to panic. Besides, everyone was pissed at Bush's million dollar bills...Hell Obama has a fucking 700 BILLION DOLLAR bill
- The rich got richer by working, the poor stayed poor because they were too fucking lazy to work. Obama has made it to where the rich give money to the lazy asses who don't want to work, basically a communist country
- Your eyes may be open, but looking at the wrong thing

 

[The Riddler_]

They don't have to actually print more money for inflation to go up. It just has to be in circulation.

How can money, sitting, lose value? Nothing is being added, and few is being subtracted. I know how the money can become inflation, but I'm not understanding how your wording it.

 

[Shawn_]

Governments should be run along the buisness cycle.

They can run a deficit for a few years as long as over a ten year period they aren't running deficits.

 

[TJ]

How can money, sitting, lose value? Nothing is being added, and few is being subtracted. I know how the money can become inflation, but I'm not understanding how your wording it.

If other country's see that America is not doing so well, they are more likely not to do business with them. They can also ban the usage of the money in their lands. I remember a year or so ago (probably longer now) that India actually was not accepting American money, therefor decreasing the value of it.

 

[The Riddler_]

- The pointless war resulted in the capture/execution of over 20,000 TERRORISTS WITH GUNS AND BOMBS
- There was no recession, just the US wanting to panic. Besides, everyone was pissed at Bush's million dollar bills...Hell Obama has a fucking 700 BILLION DOLLAR bill
- The rich got richer by working, the poor stayed poor because they were too fucking lazy to work. Obama has made it to where the rich give money to the lazy asses who don't want to work, basically a communist country
- Your eyes may be open, but looking at the wrong thing

- A war that is mainly fought by us and we really shouldn't be a part of.
- There wasn't one as big, but there was.
- 700 Billion is used to fix what Bush didn't
- The people who lost their jobs. I doubt they were lazy, especially when the government pays credit card companies money to give to their customers, but they keep it for themselves.
- I think not.

If other country's see that America is not doing so well, they are more likely not to do business with them. They can also ban the usage of the money in their lands. I remember a year or so ago (probably longer now) that India actually was not accepting American money, therefor decreasing the value of it.

K, thaks!

 

[theripcity32]

How can money, sitting, lose value? Nothing is being added, and few is being subtracted. I know how the money can become inflation, but I'm not understanding how your wording it.

I don't think you're fully understanding the concept of inflation. More money can't be created out of thin air without decreasing the value of existing currency. Read here for a perfect example of the negatives of this situation: http://en.wikipedia.org/wiki/Zimbabwean_dollar

 

[Shredderbeam]

How can money, sitting, lose value? Nothing is being added, and few is being subtracted. I know how the money can become inflation, but I'm not understanding how your wording it.

It's losing value because it's newly created money that is being actively circulated. The money is being spent by corporations commissioned to build for the government, by consumers who get a tax refund, and by the banks who get huge loans.

 

[The Riddler_]

I don't think you're fully understanding the concept of inflation. More money can't be created out of thin air without decreasing the value of existing currency. Read here for a perfect example of the negatives of this situation: http://en.wikipedia.org/wiki/Zimbabwean_dollar

It's losing value because it's newly created money that is being actively circulated. The money is being spent by corporations commissioned to build for the government, by consumers who get a tax refund, and by the banks who get huge loans.

I know that if money is printed it will decrease the value.....read the above posts

And thanks shredder for the info.

 

[Marinock]

1. 9/11 - Government
2. The recession was started by Bush in the first place
3. If you leave the war on good terms they won't strike.
4. The stimulus went to alot of things including credit.
5. My eyes are more open than you are.

Bush
- lead us into a pointless war.
- Started a Recession
- Made it so the rich got richer
- Wasn't too involved with helping average citizens.

Your eyes have never been OPEN!
1.9/11 the government-BS
2.Freakin demo's who started this, i bet i bet! if your dog or whatever dies torrow u'll blame it on bush...

-He certainly did not start this Recession
-Pointless war? So you just want people to come here and attack us? Shall 9/11 restart?

Obama is a terribal president..... in the next 20 years, mark my words! that America will fall sadly, all because these these ballouts, hey u know what Riddler? Guess who gets to pay for the enjoyable bailout?
WE DO! WOOT! INCREASED TAXES SWEET!
.........................................no........... open your eyes and show some respect,and hopefuly bring back the old america =/