Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (103319)	4/22/2011 11:55:25 AM
From: TopCat	3 Recommendations Read Replies (1) \| Respond to of 224749

"The debt is high because taxes are at a historical low." No...the debt is high because spending is at a historical high. If taxes were increased, you could be that spending would again be increased.

To: Kenneth E. Phillipps who wrote (103319)	4/22/2011 12:05:19 PM
From: lorne	5 Recommendations Respond to of 224749

kenny..."The debt is high because taxes are at a historical low."..... Well kenny, was there any debt before there was any spending? If NO then spending causes debt...right? Look at it this way ...what came first the debt or the spending. I'm sure your brilliant legal mind can figure this one out?

To: Kenneth E. Phillipps who wrote (103319)	4/22/2011 1:36:03 PM
From: chartseer	Respond to of 224749

Here I thought the debt was high because the fed was buying up the debt. I think the Fed has an unlimited supply of currency. Therefore we need not have not any fear of them ever running out of funds. I think it has something to do with David Copperfield the illusionist but I am not sure. I think Copperfield showed the FED how to make skids of money appear out of thin air. What I didn't understand is why Copperfield just didn't do it himself every night on stage and then just distribute the newly created money to his audience. It would be a top rated show every performance. It might even outdraw the Charlie Sheen show. But considering the intelligence of the American people I am not sure. citizen chartseer

To: Kenneth E. Phillipps who wrote (103319)	4/22/2011 1:49:21 PM
From: chartseer	1 Recommendation Respond to of 224749

The debt is high because spending is at hysterical highs. citizen chartseer

To: Kenneth E. Phillipps who wrote (103319)	4/22/2011 3:08:56 PM
From: MJ	4 Recommendations Read Replies (2) \| Respond to of 224749

Kenneth You aren't a lawyer, or maybe you are-----you are arguing in circles. The fact is that the arguments you are making are specious. You are always crying wolf. Well who has been the wolf-----Obama and his allies in Congress and all of the appointments he has made to circumvent the elected officials in Congress. Defund the Federal Government with the exception of defense----get the Obamaites out of our pocket books and lives mj