Exactly. Liberals don’t speak for me. I agree with him. Do you have a problem with that?
Jezcoe
May 23, 2019, 8:37pm
221
Take for example Social Security.
How is it that the Government owes money to itself with money that it owns?
A lot of the talk about the debt is a shell game. The part of the debt that is important are the T bills that go into keeping the world currency market functioning… and that is why there will always be a debt of some sort or another.
Having a debt isn’t bad. It is what a sovereign spends it on that is good or bad.
GWH
May 23, 2019, 8:39pm
223
Flameheart/Cynic, take a break.
2 Likes
Samm
May 23, 2019, 8:56pm
225
Jezcoe:
Take for example Social Security.
How is it that the Government owes money to itself with money that it owns?
A lot of the talk about the debt is a shell game. The part of the debt that is important are the T bills that go into keeping the world currency market functioning… and that is why there will always be a debt of some sort or another.
Having a debt isn’t bad. It is what a sovereign spends it on that is good or bad.
Where did the Government get “their” money. I don’t know about you, but I paid a payroll tax out of my income for social security from the time I was 16 until I retired. How is that “their” money?
The discussion is not about good or bad, it’s about is or isn’t. The government does not have any money that does not come from the people one way or another.
Samm
May 23, 2019, 9:00pm
226
Is there now a consecutive post exchange limit with the same member?
Jezcoe
May 23, 2019, 9:00pm
227
Samm:
Jezcoe:
Take for example Social Security.
How is it that the Government owes money to itself with money that it owns?
A lot of the talk about the debt is a shell game. The part of the debt that is important are the T bills that go into keeping the world currency market functioning… and that is why there will always be a debt of some sort or another.
Having a debt isn’t bad. It is what a sovereign spends it on that is good or bad.
Where did the Government get “their” money. I don’t know about you, but I paid a payroll tax out of my income for social security from the time I was 16 until I retired. How is that “their” money?
The discussion is not about good or bad, it’s about is or isn’t. The government does not have any money that does not come from the people one way or another.
Well… where does money come from?
What you receive for your labor is a trade of currency for your effort. But you don’t in any way “create” that money. So the government extracting taxes from you using currency it creates serves what purpose do you think?
You said Democrats are against cutting taxes… you didn’t qualify that statement with “for the rich”
conan
May 23, 2019, 9:02pm
229
Funny how millennial in my family all opposes Bernie…but again it might be that rural Ohio upbringing. We never try to cater to em, they just integrated right into our system.
Wonder why that is?
1 Like
Samm
May 23, 2019, 9:02pm
230
Jezcoe:
Samm:
Jezcoe:
Take for example Social Security.
How is it that the Government owes money to itself with money that it owns?
A lot of the talk about the debt is a shell game. The part of the debt that is important are the T bills that go into keeping the world currency market functioning… and that is why there will always be a debt of some sort or another.
Having a debt isn’t bad. It is what a sovereign spends it on that is good or bad.
Where did the Government get “their” money. I don’t know about you, but I paid a payroll tax out of my income for social security from the time I was 16 until I retired. How is that “their” money?
The discussion is not about good or bad, it’s about is or isn’t. The government does not have any money that does not come from the people one way or another.
Well… where does money come from?
What you receive for your labor is a trade of currency for your effort. But you don’t in any way “create” that money. So the government extracting taxes from you using currency it creates serves what purpose do you think?
Are you forgetting where this conversation started? The issue is whose money is it, not what is money.
Jezcoe
May 23, 2019, 9:04pm
231
It started with me about sovereign debt.
The key to what that debt means is how the sovereign money is creates and used.
GWH
May 23, 2019, 9:25pm
232
They had gotten personal, and going downhill quick. It was a self imposed break or a forced one.
1 Like
Sanders is disliked by many. Myself included.
Will not be pushing the vote button on his Candidacy any time soon.
In fact, if he wins the dem nomination.
I will cast a protest vote.
Allan
WuWei
May 24, 2019, 12:58am
234
Jezcoe:
Samm:
Jezcoe:
Take for example Social Security.
How is it that the Government owes money to itself with money that it owns?
A lot of the talk about the debt is a shell game. The part of the debt that is important are the T bills that go into keeping the world currency market functioning… and that is why there will always be a debt of some sort or another.
Having a debt isn’t bad. It is what a sovereign spends it on that is good or bad.
Where did the Government get “their” money. I don’t know about you, but I paid a payroll tax out of my income for social security from the time I was 16 until I retired. How is that “their” money?
The discussion is not about good or bad, it’s about is or isn’t. The government does not have any money that does not come from the people one way or another.
Well… where does money come from?
What you receive for your labor is a trade of currency for your effort. But you don’t in any way “create” that money. So the government extracting taxes from you using currency it creates serves what purpose do you think?
It’s the value, not the ink and paper.
WuWei
May 24, 2019, 1:00am
235
You’re not feeling The Bern like you were in '16?
Samm
May 24, 2019, 2:28am
237
As far as I could tell, they both still had smiles on their faces.
Yep it is 2016 2.0
Jezcoe
May 24, 2019, 2:56am
239
Samm:
No … it started here:
Yes. And that is where I pointed out where you were wrong.
A sizable chunk of Government expenditure is from debt that no one will ever pay off.
Jezcoe
May 24, 2019, 2:56am
240
The ink and the paper are the value.
