Negative Money Has No Positive Value
Created on: May 18th, 2007
Negative Money Has No Positive Value
Lets keep the political discussion out of this I just found that to be a damn big number. Lets just say that all the money is price we pay for forgetting poland

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May 18th, 2007
(4)
First
May 19th, 2007
(2)
now the 3rd IS third. Also 2nd
May 19th, 2007
(4)
now the 3rd isn't third.
May 20th, 2007
(0)
now the third isn't fourth.
(0)
now the third isnt fifth.
May 20th, 2007
(2)
now the sixth is still sixth.
May 20th, 2007
(0)
COOKIE 4 U ^_^ the seventh is still seventh
(2)
ass in the ass, dick in the dick in the dick in the breasts
May 18th, 2007
(-5)
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(-5)
Third
May 18th, 2007
(0)
I've never forgotten Poland. Plus, your sites are just so classy! ^_^
May 19th, 2007
(-1)
classy
May 19th, 2007
(0)
LOLDED
May 19th, 2007
(0)
Not even the Monopoly guy can believe it
May 19th, 2007
(-1)
Thank you for not using that stupid "ITS OVER NINE THOUSAND" clip, and using something more orignal. Also, this pisses me off.
May 19th, 2007
(4)
CLEARLY it is less than 9000 since it is a negative number
May 20th, 2007
(0)
meanwhile, China is number one with $179,100,000,000
May 19th, 2007
(-1)
[ comment is below rating threshold and has been hidden ]
(-1)
Thanks Mr. Bush for all your contributions during your time in office.
May 19th, 2007
(-2)
[ comment (and 1 replies) is below rating threshold and has been hidden ]
(-2)
ITZ AL BUSHZ FALT
May 19th, 2007
(0)
Ouch!
(2)
it's more the fault of borrowing money from the federal reserve (which is a private entity) at compound interest that can only be repaid by money on that compound interest; the system is flawed.
May 19th, 2007
(1)
You made this and then asked to keep politics OUT of this? That is now inevitable. You knew the consquences.
May 19th, 2007
(2)
If you think the national debt is Bush's fault then you need to take a damn history class and stop listening to John Stewart
(0)
It's no use; there's no way to reach the YTMND masses.
(2)
Ok so if I take one History class, then it will all be clear. Wow, thank you so much for helping me understand. F*cking dumb ass.
May 20th, 2007
(0)
Also, Mr. Stewart never claimed that, and any dumbass that says that Bush did it all is... well... a dumbass. Our country has been around for over 200 years, and has had plenty of time to accumilate debt, being the irresponsable bastards we are. Also, cold war.
May 20th, 2007
(0)
Also also, on the Bush subject, he isn't helping any either, he's added a number of billions during his time in office.
May 20th, 2007
(0)
actually, it is Bush's fault. you cant cut taxes and increase defense spending at the same. you also cant cut taxes and go to war. look at the statistics, it is bush's fault, you MORON. ('Jon' Stewart)
May 20th, 2007
(0)
Actually, bush didn't cause it, he just helped expand the debt.
May 20th, 2007
(0)
Most of the debt ISN'T bushes fault though. He just did a damn good job of putting the nails in the coffin.
May 20th, 2007
(0)
I'm not worried about the national debt so much though, I'm more worried about all the idiots that got loans because banks knew they didn't have to have responsibility because they just sold them to investors.
May 20th, 2007
(0)
"The United States was completely debt free for the first and only time in American history under Andrew Jackson."
June 11th, 2007
(0)
1. It is (or was) assumed by the Reagan administration that a sizeable debt can be maintained in a free-market economy. That was how Ronald was able to defeat the Russians, he simply outspent them. 2. Jorge Bush did increase the debt by another 3 trillion (minimum) in his efforts to fight Islamic terrorists. It is (or was) the belief by the Bush administration that the tax level was beyond the vertex of the parabolic curve of revenue returns, and therefore can be cut back to increase revenue.
June 11th, 2007
(0)
Whether or not he was right remains to be seen. Nonetheless, fiscal conservatism is not found in the liberal Democratic wings of power, nor does it seem to be found under the Republican banner either. At any rate, the national debt can be paid off in 20 years by simply keeping a balanced budget. The sooner that debt is gone, the more money we can throw around at other problems and not paying it into interest. (DUH!)
May 19th, 2007
(-2)
there's two sides to a situation. In some cases debt is good for the economy. Mabey thats why the DOW is at a record high.
May 20th, 2007
(1)
lol yea, that's it.
May 20th, 2007
(0)
are you f*cking retarded or so blinded with bush hating
May 20th, 2007
(0)
Can I make a 9/11 joke?
May 20th, 2007
(0)
WE ARE NOT HOLDING UP THE ECONOMY OT MAKE IT LOOK GOOD LOLOLOL
May 19th, 2007
(-2)
IT'S OVER 9000!!!!!!!!!!!!
May 19th, 2007
(4)
But its a negative number!
May 20th, 2007
(0)
what's worse is bush started with an almost +1 trillion, so he actually lost about 2 trillion on...uh...tankz.
May 20th, 2007
(0)
wtf are you talking about
(0)
He is talking about the surplus of money the US had at the begining of Bush's term. That is what the f*ck he is talking about *ssh*le.
May 20th, 2007
(1)
IT'S LESS THAN -9000!!!!11111111111111
May 20th, 2007
(-5)
[ comment is below rating threshold and has been hidden ]
(-5)
-9000 > -862,300,000,000 by definition
May 20th, 2007
(2)
wait . . . I read that wrong. . . dammit *applies palm to forehead*
(0)
Needs more Blackalicious.
May 20th, 2007
(0)
I originally planned on using it but its been used 49 times before
(0)
Good point.
May 20th, 2007
(0)
http://www.youtube.com/watch?v=zsZO6G7dfpI
May 20th, 2007
(1)
http://www.youtube.com/watch?v=dYs4Qm-cnXA
May 20th, 2007
(1)
but they forgat polend
May 20th, 2007
(-1)
Poland
May 20th, 2007
(1)
This is why the US dollar is headed straight for the woodshed ... LOOK MA I JUST BOUGHT A NEW 60-INCH PLASMA SCREEN TV ENTIRELY ON CREDIT!!!!
May 20th, 2007
(0)
Sh*tz insane
May 20th, 2007
(0)
Fighting broke out between rival Islamic factions in Canada last month, and new news is no longer postmodern enough to garner my vag. Hydrostatic depth charge fuse? We'll do it monthly. We'll do it manually. Your boat is sinking and your storm is blowing. ALL WE ARE is DUUUUST in the WIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIND.
May 20th, 2007
(0)
but deficit spending is the cool thing to do.
May 20th, 2007
(0)
THATS ALOT OF FLAPJACKS :o
May 20th, 2007
(0)
Negative Flapjacks
May 20th, 2007
(0)
Too early for flapjacks?
May 20th, 2007
(2)
Its never too early for flapjacks
May 20th, 2007
(0)
waffles are pretty badass too
May 20th, 2007
(0)
also china is buying up all your debt. soon you will join with Canada and Mexico and you will have the amero as your currency.
May 20th, 2007
(0)
We are north american union
May 20th, 2007
(0)
We, as Americans, are f*cked.
May 20th, 2007
(0)
POLAND
May 20th, 2007
(0)
I thought that sh*t's supposed to be in the trillions ... big number, anyways.
May 20th, 2007
(0)
This is measuring the U.S. trade deficit with the rest of the world. What you're thinking of is probably the federal debt, now $8 trillion I believe. GIMME MY FREE HEALTH CARE AND RETIREMENT AND COLLEGE AND TRANSPORTATION AND ....
(0)
I should point out that our trade deficit is hardly impressive considering we make handouts and obscene concessions to other countries numbering much more than the debt. See any US army installation in a "friendly" location.
(0)
what does vaule mean?
May 20th, 2007
(0)
In what terms? Color or material?
May 20th, 2007
(0)
It's lackin' tons of meat!
May 20th, 2007
(0)
1 for spelling "value" wrong
May 20th, 2007
(0)
Aoccdrnig to a rscheearch at an Elingsh uinervtisy, it deosn't mttaer in waht oredr the ltteers in a wrod are, the olny iprmoetnt tihng is taht frist and lsat ltteer is at the rghit pclae. The rset can be a toatl mses and you can sitll raed it wouthit porbelm. Tihs is bcuseae we do not raed ervey lteter by it slef but the wrod as a wlohe. ceehiro.
May 20th, 2007
(0)
^wow, you spent too much effort trying to make a point
May 20th, 2007
(0)
1.google "can you read this" 2.Click on link. 3. Ctrl+V. Not too hard
May 20th, 2007
(-1)
1'd for too many blue comments...
May 20th, 2007
(3)
You would've 1'd me anyways but thanks for caring. If you find the text too blue for you just apply an orange transparency to the screen
May 20th, 2007
(0)
HA!
(0)
I don't know why, but 4
May 20th, 2007
(0)
DO NOT BE ECONOMIC GIRLY MEN. DO NOT WORRY ABOUT THE ECONOMY!! btw the american economy still is the greatest and richest economy in the world, the Current Account doesnt mean sh*t. of course its gonna be a negative balance USA imports a lot of sh*t
May 20th, 2007
(1)
Yes, don't worry everything is fine. We aren't holding up the economy to make it look good.
May 20th, 2007
(0)
lol go learn sum economics. The US economy is still growing at a steady rate, it is still the largest economy in the world (as big as the euro union combined), and has a very high per capita income. High human capital/education, large stocks of capital + massive natural resources = a 1337 U.S economy for a long time. btw im not american. it will be 100 years at least till china can even think of catching up ^__^
May 20th, 2007
(0)
F*gsrus, you are a f*cking idiot. Our economy is f*cked, if you knew the first f*cking thing about the US economy you wouldn't have even tried to post a comment on this. Go learn what the petro dollar exchange is, go learn why we actually invaded iraq, go learn what the Federal Reserve Act is, go see the movie America: Freedom to Fascism and shut the f*ck up, idiot
(0)
Dur. Me am smart. Me need movie to explain things. Too lazy to read better materials. Too lazy to manage own opinion. Must be fed facts.
June 11th, 2007
(0)
We had all sorts of reasons to invade Iraq. The oil was just one reason. But keep in mind, we haven't touched a barrel of it since we've occupied it. We just want to be able to buy it. Our economy is strong at present, but we have a lot to worry about on the horizon. I think the time for panicking is still a ways away, but we do need to do a bit of bookkeeping and house cleaning.
May 20th, 2007
(0)
Our government's worth negative money? I'll believe it. They make Mike Tyson look like Bill Gates. Literally, they make him, from a black big bald tough guy, into a pasty nerdy guy with messed up hair and they spend our tax money to make him rich again. That's how much they suck.
May 20th, 2007
(0)
as a percentage of GDP, the debt is about 65% which is lower than every industrialized nation except Australia. We owe the most money to Japan, which what a debt-to-GDP of over 120% !! They owe 20% more than what they earn and there are no poor people in Japan. National Debt is a totally overblown issue which hardly anybody understands anyway!
May 20th, 2007
(0)
And as a result of those factors, the actual number is irrelevant in that the time and effort it would take to remove that debt is less than that of other industrialized nations by a silly amount. The number can go up and up and as long as we remain a good buy it won't have any effect on us.
May 20th, 2007
(0)
Yes, after 12 years of a REPUBLICAN controlled congress, the only time they balanced the budget and started seeing fiscal CONSERVATIVISM and responsibility was under a DEMOCRAT president. And people wonder why I left the Republican party in 2002 and became a Libertarian.
May 20th, 2007
(1)
Thanks, federal reserve act!
May 20th, 2007
(1)
On June 5, 1933, Congress enacted HJR-192 to suspend the gold standard and to abrogate the gold clause. This resolution declared that "Whereas the holding or dealing in gold affect the public interest, and are therefore subject to proper regulation and restriction; and whereas the existing emergency has disclosed that provisions of obligations which purport to give the obligee a right to require payment in gold or a particular kind of coin or currency. . . are inconsistent with the
May 20th, 2007
(1)
declared policy of congress. . . in the payment of debts. This resolution declared that any obligation requiring "payment in gold or a particular kind of coin or currency, or in an amount in money policy; and . . . Every obligation heretofore or hereafter incurred, shall be discharged upon payment, dollar for dollar, in any coin or currency which at the time of payment is legal tender for public and private debts."
May 20th, 2007
(1)
A farm control bill around the same time period had attached to it a clause making Federal Reserve notes legal tender. In 1937, the Supreme Court struck down the Farm Control Act, thus carrying with it the legal tender status of Federal Reserve notes. Prior to 1933, Federal Reserve notes were used for inter-bank transfers. Around 1945, Congress passed a bill which called for the withdrawl of Federal Reserve notes from public circulation; but,
May 20th, 2007
(1)
but, they are still with us. . . *NOTE that the words do not talk about "payment" of debt, but clearly states that "Every Obligation . . . Shall be discharged." In the case of Stanek v. White, 172 Minn. 390, 215 H.W. 784, the court explained the legal distinction between the words "payment" and "discharge": "There is a distinction between a `debt discharged' and a `debt paid.' When discharged the debt still exists though divested of its character as a legal obligation during the operation of the discharge.
May 20th, 2007
(1)
Something of the original vitality of the debt continues to exist, which may be transferred, even though the transferee takes it subject to its disability incident to the discharge. The fact that it carries something which may be a consideration for a new promise to pay, so as to make an otherwise worthless promise a legal obligation, makes it the subject of transfer by assignment."
May 20th, 2007
(1)
Thus, it is clear that, as a result of HJR 192 and from that day forward (June 5, 1933), no one has been able to pay a debt. The only thing they can do is tender in transfer of debts, and the debt is perpetual.
May 21st, 2007
(1)
hardcore chats in these site infos.
June 11th, 2007
(0)
Okay...now in English, please?
May 21st, 2007
(1)
In the name of connery do you people sleep!?
June 11th, 2007
(0)
Nope...no we don't.
(0)
Personally, I'd be much more worried about the AMT than the national debt. I can't wait for the average family to start getting hit with double their present taxes.
October 24th, 2007
(0)
ok............