Debt Crisis: US Military Warned They Might Not Get Paid

Discussion in 'Latest Hip News Stories' started by broony, Jul 31, 2011.

  1. broony

    broony Banned

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    Even the debt is taking a hit on American troops. So now troops who are putting their life on the line, are being told that they are a 'low priority' and that the interest payments to foreign bond-holders is most important. The more money is produced, the more interest will have to be paid. Even if you put your life on the line and know their is a chance you will not return home that doesn't guarantee 'federal employees' a pay check.

    Although Obama did say,
    Though look at US Gross Public Debt.
    [​IMG]

    Think before you go and sigh yourself up!

    http://www.dailymail.co.uk/news/art...-crisis-American-troops-Afghanistan-paid.html
     
  2. skip

    skip Founder Administrator

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    First of all the reason Obama's deficit seems so much higher than Bush's is that Obama included the cost of the wars in Iraq & Afghanistan, whereas Bush never did, so that makes a big difference. Of course Obama did allow the bailouts to continue, so he bears responsibility for that.

    So what happens when a million armed mercenaries don't get paid?

    Can you spell Military Coup?
     
  3. midgardsun

    midgardsun Senior Member

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    you mean civil war like
    CIA,FBI,police vs military
     
  4. skip

    skip Founder Administrator

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    No I mean like the generals taking over the White House, deposing Obama and deciding how to run the country. Of course first thing on their agenda is to pay the troops.

    No problem since Obama will probably raise the debt ceiling himself. All the rest is just political theatrics.
     
  5. reb

    reb Member

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    not to worry, the Socialist party of the u.s. will soon agree with the Communist party of the u.s. to increase the debt limit. alternatively, they will agree to let obama increase the debt limit unilaterally. everyone will have shrunken dollars to celebate with soon.

    we've been sold out, broony. i listened to some guy screaming about not paying anymore taxes on the radio just now...he want's anarchy. says the nashville cops will not come to help him because he's black. probably, he's right....they have no duty to any individual in the first place. the fact that the state's are all in financial trouble is only a secondary consideration.

    this whole bullshit exercise has been laughable. the dictator will have his way in any case. enjoy it-you paid for it.
     
  6. zenloki

    zenloki Member

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    this is a threat, just like the one in 2008 to push the bailouts through Congress. saying this along with SSi payments being stopped is just a way to scare the people into going along with a raise in the debt ceiling. its a desperate measure but the people aren't buying it. 65% of US citizens don't want a raise in the debt ceiling. the other 35% either don't understand what this means or will be profiting by it.

    why should we pay taxes to a government that can't keep its house in order? we're just enabling this BS to continue.
     
  7. Dude111

    Dude111 An Awesome Dude

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    I have read they have come up with a deal!! (Just 'SMOKE AND MIRRORS' IF IT PASSES)
     
  8. skip

    skip Founder Administrator

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    Although a majority of Americans might want the gov't to stop spending so much, a much bigger majority do not want SS and Medicare touched.

    The main reasons for the debt crisis are a lack of Taxes due to the downturn in the economy, the Bush Tax Cuts, and the relaxation of tax rules for corporations. So of course we can't meet our payments, but none of the solutions addressed the reason why we don't have enough revenue for gov't services.

    They could also just stop all the wars and then we wouldn't have a cash shortage. Stop flying planes filled with $100 bills to the mideast.

    We could also stop buying crap from China, Japan and stop buying oil from the middleast and start using more alternative energy sources.

    All of these are far better long term solutions that just raising the debt ceiling. Increase revenue from increased taxes and stop the wars.

    Just stop sending money overseas PERIOD.
     
  9. Meliai

    Meliai Members

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    Invest money in American infrastructure, give tax breaks to companies that stay in the United States instead of moving overseas, stop buying crap from China and Japan, invest significant money in alternative energy while ending subsidies for oil companies, end subsidies for corporate farms, fund healthcare more efficiently so that decreased spending can still bring more healthcare to more people, tighten government regulations concerning insurance, food, environmental regulations, take advantage of the fact that hemp could be used as a major cash crop, bring our troops back and cut military spending drastically.....

    America could be a great nation.

    Instead I think this bullshit political posturing and excessive spending in all the wrong places is going to continue until America grinds itself into the ground completely.
     
  10. _Bob_

    _Bob_ Una Tana Bibi

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    Right-all of these things need to be done, and more.

    Also, the graph in the first post is somewhat inaccurate. The debt this year is at about 80% of GDP, not almost 100%.
     
  11. mustlivelife

    mustlivelife Knows nothing!

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  12. mustlivelife

    mustlivelife Knows nothing!

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  13. Meliai

    Meliai Members

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    He's incredibly condescending isn't he?
     
  14. _Bob_

    _Bob_ Una Tana Bibi

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    This is actually the transcript of the speech Obama made last week, before an agreement was reached-I heard him give it live. It's dated July 25.
     
  15. mustlivelife

    mustlivelife Knows nothing!

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    Whooops!!! I am such a silly sausage!
     
  16. Patriot4Revolt

    Patriot4Revolt Guest

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    America will once again be a great nation, and hopefully an even BETTER country in the end. However, like a drug addiction, we apparently must hit bottom before the rest of our people get mad and pissed off enough to join our cause in ousting our corrupt, cheating, lying government. Once they are removed, we the people will elect or appoint leadership who actually act in the PEOPLE's best interest, instead of their own.

    So how do we do this? Maybe we should start with a thinktank of experts in the areas of, public policy, foreign policy, economists, financial advisors, mathematicians, and accountants. Our current bipartisan system is full of non-average people. We need true representation!

    How about eliminating the ability for candidates to use donations or personal monies to finance their campaign. How about no campaign and only a televised debate? How about we pay our leadership the average, or even the median, income of the PEOPLE. Not 10x the income of a 'normal' American. How about no more career-politicians!

    How about we actually understand our government's budget and force our new leadership to supply transparency in their actions and spending? How about the PEOPLE shall approve the checks they send out, BEFORE they make payments?

    We must keep it simple, and perform our own checks and balances on our lawmakers? To do anything less, would be to allow corruption to yet again occur.

    We must be smarter and learn from history - follow successful ancestors footsteps and discontinue and avoid ancestors failures.

    WE THE PEOPLE, MUST REMOVE ANY MOTIVATION BY MONEY AND APPOINT TRUE REPRESENTATION, NOT PEOPLE WHO ARE THE .1 % OF THE POPULATION - WHO ARE THE WEALTHY! Otherwise, we will never have leaders who truly stand for what's best for the people. Our future leaders must be chosen based on passion and love for our country. Not those who are making a political career or a buck in the process.
     
  17. Dude111

    Dude111 An Awesome Dude

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    Tell Obama this Skip!!

    He gave 100$ BILLION DOLLARS AS A GIFT TO THE UN!! (In october)


    WE COULD HAVE USED THAT MONEY BUD!
     
  18. JoachimBoaz

    JoachimBoaz Member

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    You can prop any numbers you want on screen.. DOD gets what it wants.. this has been the fact for 50 years.
    AS a statistical analyst for dod. i have some weight. Defence spending will be maintained at current levels.
     
  19. yellowcab

    yellowcab Fresh baked

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    This whole debacle is so depressing, our government is fucked. The special interest groups and lobbyist own our politicians. Americans have lost their voices in the governing of our country. The question left is how much of this shit are we going to take. I,m pretty disgusted, not the change I voted for.:(
     
  20. mustlivelife

    mustlivelife Knows nothing!

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    LOL It never ceases to amaze me that people actually BELIEVED Obama would bring change!! Even some of my friends here in the UK, who are awake and aware people, said that they had a good feeling about Obama and what he was going to do in office!! How can people fall for this crap? Maybe it's because they believe the TV and don't actually do any research on the candidates (like which company boards they're on, which clubs they're in, how much they earn etc). Let's hope you learned your lesson.

    So are you guys having a revolution yet or are you waiting until you're too poor and stripped of resources to do anything about anything?

    The clock is ticking.
     

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