Comments on: 15 Reasons Why Barack Obama’s Debt Commission Is An Exercise In Futility – The U.S. Government Will Never Have A Balanced Budget Ever Again

By: brenda

brenda — Fri, 19 Nov 2010 23:00:42 +0000

If you owe a mortgage, have a car payment, student loan, credit card balance, or some other debt, you are a serf (indentured servant).
Forget about “land of the free, home of the brave”, you poor serfs. Your middle class is vanishing quickly while the middle class in so called “3rd world countries” is rapidly getting larger. They are now living like Americans did in the 90´s during the Clinton presidency.

I moved to one of those “3rd world countries” 3 years ago. One of the best decisions I ever made.
And hey, I even have a pc, a laptop, cable tv, etc. Just bought a kilo (2 pounds) of strawberries for less than 50 cents. My groceries for the week for 2 adults cost 20 bucks and that includes fresh fish,chicken (no drugs or hormones added) eggs, fresh vegetables and fruits, etc.

By: inge

inge — Tue, 16 Nov 2010 13:53:06 +0000

The U.S. political system is broken. It cannot be fixed. Accordingly, neither can the financial abyss we are facing. Except for one unthinkable solution. As the financial crisis unfolds, we will need a very smart military junta to take over. Or as Putin’s advisors have predicted, break apart into a series of regions underpinning new states.

By: yukonsean

yukonsean — Tue, 16 Nov 2010 02:54:22 +0000

RichardL — To what country did you move? I’m considering moving my family from the US to New Zealand. We recently were granted Permanent Residency in NZ, but leaving our extended family and friends is the difficult part.

By: Kenieth Baker

Kenieth Baker — Sun, 14 Nov 2010 03:37:18 +0000

Technically, the US has been bankrupt since 1971. The whole economic world knows and understands the US’s plight, because they have benefitted from US Petro Dollars, the Euro Dollars being pumped into the world economy.

Nobody can afford for the US to go bankrupt. It will continue to change the book-keeping rules which allow it to issue their currency and credit to the world without limit, and to their advantage.

By: RichardL

RichardL — Sun, 14 Nov 2010 00:29:10 +0000

No one wants to hear this, but I’ll say it again. I voted with my feet. I sold all my possessions and moved my family and I to a more responsible (and more free) country. 8 months now and still having a blast. When the crap hits the fan.. sure it hurts everywhere, but when your in a country with a balanced budget and 80+% self sufficient will it really matter that much?

By: Haydak

Haydak — Fri, 12 Nov 2010 17:29:51 +0000

well, we have to abolish the fed and then every state and locality should set up community banks that community residents can store their wealth through, which will in turn allow the banks to lend to local citizens based on this reserve and induce growth for mortgages, loans, etc, on a local level. the problem is the fed (obvious) and that the growing conception is that a global mega-economy is the only solution. as to how our national debt can be repaid, it is impossible. globalism will kill our country. but, as someone (like a roths- or rocka-, i cant remember who at the moment) once said, we can never let another country like america ever happen again!! ah im so exasperated.

By: Marlene

Marlene — Fri, 12 Nov 2010 15:43:01 +0000

The only problem I see is that 99% of all these comments have the same attitude as the American public currently. I see only one that thinks like the pioneers who built this country. Most all of us keep focusing on the problem, just like all the politicians we elected. The pioneers of America sought out solutions to fiscal problems by thinking outside the box. If you create a policy of handouts then all you will get is a bunch of DEPENDENTS. Pass out credit cards like a glass of water and you have a society who, like Scarlett…will worry about her problems tomorrow, because tomorrow is another day (full of debt and no way out) Reward the fiscally responsible and educated community and that is what you will get – an intelligent hard working community who knows the value of the dollar. Whether you like or dislike Bush. I remember hearing him beg for a better idea when he was in office. I don’t remember anyone able to offer one…I imagine because we have dummied down our education system and have stopped rewarding achievement. We can no longer think for ourselves. We need big brother to watch over us and he has, but now he is tired and he needs someone to watch over him and get him back on track by reminding him what made him so great. We think everyone should win – whether it is on the playing field or in the classroom – and that “my dear is not how America was built. Our Forefathers lived under a tyrannical government and they did not like it. That is why the American Spirit was born! Have we all forgotten what that is? Instead of rewarding that kind of thinking we have destroyed it. Lord, in spite of our shortcomings, please help us find that American Spirit again. Give us the courage to make the hard decisions and be responsible by living within our means. None of us are entitled to anything, including a free ride. Let us do what is right, not because it will make us rich, but because it is the right thing to do. When we take away the ability of our schools to teach and discipline and we try to take You out of the equation let us remember that it was You who showed us a better way through great, ethical, and intelligent leaders. God Bless America! We all must do whatever we can to create an Independent America! If that is to happen we are ALL GOING TO HAVE TO SACRIFICE. Our children will be better because of it. Punish those who abuse the system and reward those who don’t, NOT THE OTHER WAY AROUND!!!

By: oldphart

oldphart — Fri, 12 Nov 2010 08:50:30 +0000

Nationalize the fed, nationalize the banks (national finance is the only socialized system mandated by the Constitution), declare all debt paid in full, establish money based on a basket of goods produced within the United States including precious metals, withdraw the military from all foreign bases and re-focus on borders and ports, commence manpower reduction based on reduced mission scope, eliminate the shadow security over american citizens, cut ALL spending a minimum of 1/3 across the board for all agencies, departments, entitlements and defense systems.
more here at: http://oldphartbsa.newsvine.com/_news/2010/10/05/5231556-im-a-former-republican-and-a-tea-party-sympathizer-my-thoughts-on-fixing-government

By: Richard W

Richard W — Fri, 12 Nov 2010 06:22:39 +0000

The Fabian Socialists with their long march through the institutions, it took 150 years, but they finally got it done. Got to hand it to them for persistence.

By: Gary2

Gary2 — Fri, 12 Nov 2010 04:47:09 +0000

Bruce-It feels like I am talking to a child when I try to understand the depth of your ignorance. Did you take the short bus to school when you were a kid?

I mean seriously I can’t fathom how your mind must work. (or not work)

Sorry to be blunt, you are probably a nice person but for heavens sake at least copy/paste something that makes some semblance of sense.