USA Wants Your Help To Pay The Debt

Michael Sparks

Michael Sparks

Active Member
Harrekin said:
Em... suppose its not a good time to mention that China now owns just over $1.17 trillion dollars of US Treasury bonds... you's better start learning Mandarin ;)
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You better learn what Treasury Bonds really are.. that is your life, well only if your momma and poppa signed yor away, see those little red numbers on the back of your SS card, and birth cert, with a letter in front.. yeah you are the bond, well your name is all CAPS anyway.. notice any simuliarity between that and money... ohhh connecting the dot are we.. I think we need to grab some law books and understand the UCC, UCS, IRS Law(s) Contract law, Admiralty law, Common Law.. then make educated comments.
 
Michael Sparks

Michael Sparks

Active Member
watchhowIdoit said:
The National Debt is not just the governments debt, its every single Americans debt. Every time you swipe that credit card, buy a new jet ski on credit or mortgage a house. You are adding to the national debt. So if you want to do your part to lower the national debt. Pay off your credit cards. Dont buy a $150,000.00 dollar house when you can only afford a $80,000.00 house. Stop living beyond your means. Quit spending and start saving...........
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Wrong..Wrong...Wrong....Wrong.....Wrong......Wrong.......Wrong........ Where did you learn this ? pulled it out of umm say your ass ? you had one part right " its every single Americans debt"
 
Michael Sparks

Michael Sparks

Active Member
Carne Seca said:
Yes because it's our fault the debt is the way it is... it has nothing to do with two unpaid wars or the Bush tax cuts or the Wall Street Gang of Thieves. Nope... nuh uh. It's about the middle class and how selfish and stupid they are. :roll:
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Damn bro, You got it completely right, not just stupid & selfish but lazy as well. ever heard of accepted for value ?
 
Brick Top

Brick Top

New Member
watchhowIdoit said:
The National Debt is not just the governments debt, its every single Americans debt. Every time you swipe that credit card, buy a new jet ski on credit or mortgage a house. You are adding to the national debt. So if you want to do your part to lower the national debt. Pay off your credit cards. Dont buy a $150,000.00 dollar house when you can only afford a $80,000.00 house. Stop living beyond your means. Quit spending and start saving...........
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You could not be more wrong if you tried.
 
Harrekin

Harrekin

Well-Known Member
Michael Sparks said:
You better learn what Treasury Bonds really are.. that is your life, well only if your momma and poppa signed yor away, see those little red numbers on the back of your SS card, and birth cert, with a letter in front.. yeah you are the bond, well your name is all CAPS anyway.. notice any simuliarity between that and money... ohhh connecting the dot are we.. I think we need to grab some law books and understand the UCC, UCS, IRS Law(s) Contract law, Admiralty law, Common Law.. then make educated comments.
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Treasury bonds (or "securities" as they're known in "American") are IOU's from the US Government to anyone who wants to buy them. It's called sovereign debt, and the holder of these is promised a certain interest rate for holding said bonds for a predetermined number of years.

Perhaps you should learn what "International Bond Market" means before trying to rebutt something you know nothing about? ;)
 
Harrekin

Harrekin

Well-Known Member
watchhowIdoit said:
I couldnt be more correct......
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No you're (for the third or forth time) completely wrong.

National debt = Sovereign debt = Public Debt
Theyre interchangeable terms all meaning the same thing.

The general populations debt is called Private Debt or sometimes "Consumer Debt".

This stuff is so basic, how do so many people not have a clue?!
 
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