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Old 01-29-2013, 09:33 AM
 
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I wonder if Obama & his liberal Dem's are listening is listening. Eventually you run out of other peoples money to spend.
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Old 01-29-2013, 09:35 AM
 
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Quote:
Originally Posted by All American NYC View Post
I wonder if Obama & his liberal Dem's are listening is listening. Eventually you run out of other peoples money to spend.
We're not in the same situation. France cannot print its own money, for one. Two, France does not have it sown central bank which can't take additional measures. France does not have 1.5+ quadrillion in derivatives that we can tap, and they can't.
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Old 01-29-2013, 09:37 AM
 
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Originally Posted by theunbrainwashed View Post
We're not in the same situation. France cannot print its own money, for one. Two, France does not have it sown central bank which can't take additional measures. France does not have 1.5+ quadrillion in derivatives that we can tap, and they can't.
What is the reason for raising taxes if we can just print as we wish?

Either way we are heading down the same path if its next year or in the next 5 years.
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Old 01-29-2013, 09:41 AM
 
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Originally Posted by All American NYC View Post
What is the reason for raising taxes if we can just print as we wish?

Either way we are heading down the same path if its next year or in the next 5 years.
Not talking about raising taxes. Talking about creating a new tax that, so far, only exists on the books of New York State. Wall St. national sales tax.
Again, we're not. Totally different situation. France has a troika to deal with that we do not. We can totally manage our debt wisely and responsibly without causing the deaths of hundreds of thousands of Americans, unlike France. Read up on Alexander Hamilton for ideas. The worst mistake Americans ever did was electing Andrew Jackson as president. That's why we're stuck with the Federal Reserve today
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Old 01-29-2013, 09:42 AM
 
Location: Maryland
18,630 posts, read 19,478,242 times
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Quote:
Originally Posted by All American NYC View Post
I wonder if Obama & his liberal Dem's are listening is listening. Eventually you run out of other peoples money to spend.
They don't care. The goal is income equality. I bet North Korea has a good rating in regards to income equality.
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Old 01-29-2013, 09:55 AM
 
Location: Jawjah
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So Hollande took office in May 2012 and bankrupted the entire country in 7 months?

Did Sarkozy leave him a budget surplus and a super strong French economy after 5 years in office?
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Old 01-29-2013, 09:58 AM
 
9,240 posts, read 8,692,792 times
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Quote:
Originally Posted by theunbrainwashed View Post
Not talking about raising taxes. Talking about creating a new tax that, so far, only exists on the books of New York State. Wall St. national sales tax.
Again, we're not. Totally different situation. France has a troika to deal with that we do not. We can totally manage our debt wisely and responsibly without causing the deaths of hundreds of thousands of Americans, unlike France. Read up on Alexander Hamilton for ideas. The worst mistake Americans ever did was electing Andrew Jackson as president. That's why we're stuck with the Federal Reserve today
You avoided my question.

Why tax at all?

You must admit we are heading down the same path.
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Old 01-29-2013, 10:00 AM
 
9,240 posts, read 8,692,792 times
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Originally Posted by EdwardA View Post
They don't care. The goal is income equality. I bet North Korea has a good rating in regards to income equality.
France is looking into the crystal ball of socialism.
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Old 01-29-2013, 10:14 AM
 
Location: Portland, OR
8,802 posts, read 8,924,055 times
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Quote:
Originally Posted by theunbrainwashed View Post
We're not in the same situation. France cannot print its own money, for one. Two, France does not have it sown central bank which can't take additional measures. France does not have 1.5+ quadrillion in derivatives that we can tap, and they can't.
How can we tap 1.5 quadrillin in derivatives? I'm pretty sure that's the notional amount.
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Old 01-29-2013, 10:18 AM
 
Location: Oxford, England
13,026 posts, read 24,683,839 times
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Quote:
Originally Posted by All American NYC View Post
France is looking into the crystal ball of socialism.

You mean the 15 years of right wing government it had until 6 months ago ?!?!
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