Obama Press Conference

I don't think it's that simple.
I'm also pretty sure that the USGv't can exert a bit more power over the reserve than you let on lol.
Hypotheticals are awesome.
If I were in fact in debt I could have just filed for bankruptcy :P

And what happens when a country goes bankrupt? Civil war against the owners of that debt. Basically saying, "I won't pay, and this knife in my hand says I won't pay."

Id like to take this time to speak about, something that i truly care about deeply.... aww ***teleprompter went out. /think Just start dancing barry, they love that....

It could very easily come to something like that.
That's how we became a country in the first place... :D

Or we could take steps to paying off that debt instead of making the children or children's children fight that war for us.

I really do think the Federal Reserve Act should be abolished before technology makes banking too integrated into daily life to overcome, though.

(i was making a gambling metaphor about the house winning most bets, btw. not the literal House of Reps winning bets xD)

Lol yeah only Reid's House wins, afterall, Las Vegas saved his ***.

Harrah's Bosses put Squeeze on Employees to Vote pro-Reid

I'm a little concerned by the delightful glee with which folks in political threads jump straight to the most dramatic solutions to anything. "Civil war! Riots in the streets! End of America!"

It's not that simple or dramatic, guys. National debt is not like consumer debt. You and I can't print money to pay our bills. We can't tell our creditors "Eh, we'll pay you back... some day" indefinitely, and at will, without consequences. You and I can't magically borrow money from ourselves, which is what a lot of the debt actually is.

I'm not downplaying the seriousness of it, but it's just not that simple. It's easy to say "End the Fed!" but if you have no solution whatsoever for an alternative, it's not exactly helpful. (And don't say "back to the gold standard." We don't even have that much gold anymore.)

Who knows what's gonna happen.
Some of these paranoias might not ever come to fruition or will come into fruition after I'm long and expired lol.
Our country has revolutions and wars steeped in blood in our past, who's to say it won't happen again.
A lot of ***would need to be done before anything could be done in opposition to what you are paranoid of though, and that is pretty much fact in todays bureaucracy lol.

but France is doing it! and according to WHO back in 2000 they had the best Healthcare! so it has to be worth rioting over! (sarcasism)

Oh no doubt, I'm not calling for aggressive action at this stage. But I want people to know it's a possible outcome. Even if not an outcome you'll see, maybe your child's or their child's scenario they'll face.

As it stands now, whether you're Republican or Democrat, if you're passing a new bill or adding a new governmental program, you're adding to that debt. I'm just trying to get people to see that that ***won't work. Eventually you'll get to a point where the interest is more than you can even imagine paying(and that's just the interest!). At that point the system is either scrapped altogether or you become enslaved.

So we fight China and Japan? >.> For independence!

No Idea...since it's a hypothetical anything could happen.

Ideally, I'd say we start working on repaying our debt to the Fed, then after it's all paid off we try and find a better way. Maybe one that isn't done behind closed doors at secret meetings. One based on a mathematical model for success based off population increases. I certainly don't want this done overnight.

If people know about this kind of thing, maybe they'll start voting based on that. Voting for people who want to slim down the government and don't just vote for people based on their party name.

Canada won't let you immigrate there unless you have a 4-year college degree and certain in-demand professional skills. You can apply all you want -- you won't get in.

A lot of people discovered that the hard way recently when threatening to leave if Bush was re-elected. Or Clinton. Or whoever.

Constitution:



I didnt know the House could impeach without Senate's approval. (not that i would do that.... >.>)

This was one of the things I was somewhat interested in Obama for. He said from the start, that once he was in office, he'd hit the books! He said he'd search through and see all the useless overhead that programs have and start cutting them. That he'd help fix the budget! This was a selling point for me. "Finally! Someone fiscally responsible!"

First couple weeks of being in office he bailed out GM and Chrysler and has done nothing to "cut the books".

"Impeach" simply means "to bring charges." It does not mean to actually kick out a President. Clinton was impeached, but not convicted.

The House votes to impeach a President. The Senate actually tries and convicts them.

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All joking about Canada aside, don't forget that Canada is still a Commonwealth nation with Queen Elizabeth as the head of state.

Invading them would also likely involve going to war with Great Britain, Australia, New Zealand, India, South Africa, Singapore, Pakistan, Antigua and Barbuda, Bahamas, Bangladesh, Barbados, Belize, Botswana, Brunei, Cameroon, Cyprus, Dominica, Gambia, Ghana, Grenada, Guyana, Jamaica, Kenya, Kiribati, Lesotho, Malawi, Malaysia, Maldives, Malta, Mauritius, Mozambique, Namibia, Nauru, Nigeria, Papua New Guinea, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Samoa, Seychelles, Sierra Leone, Solomon Islands, Sri Lanka, Swaziland, Tanzania, Tonga, Trinidad and Tobago, Tuvalu, Uganda, Vanuatu, and Zambia.

Obama didn't bail out GM and Chrysler.

The legislation was asked for and signed by Bush in late 2008. However, he specified the checks wouldn't be in the mail until after Obama's inauguration so he would get most of the blame.

More accurately, Obama could have passed additional legislation to stop the payout of the bailouts, but chose not to.

Which was also passed through Princess Pelosi and PRince Harry before it got to Obama.

So it's like..
Lex Luther sets up a speeding train to target a person's home. Superman says he'll save everyone from the train wreck and not to worry about it. Lex Luther's plan goes through, while Superman sits and watches the train wreck happen.

Not doing something promised can have just as bad of an effect as doing something against what you promised. Sure, Superman didn't cause the trainwreck, but he didn't help the situation either.

Oh, sure. Not defending Obama here. Just sayin', the bank and car industry bailouts were passed with the full approval of both parties, and neither should be allowed to now point the finger at the other.

I don't really think this hypothetical fits.
You have to take in account that the justice league didn't do anything either.
maybe hypotheticals aren't the best way to illustrate a point :/
matters are too complex to simplify to that degree.

Aquaman is excused at least. None of this happened in or near the ocean.