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March 5th, 2007
| Post 1 |
| Tribuni Angusticlavii | Post; Just who owns the US national debtHave a look at this most recent article over at msnbc.com http://www.msnbc.msn.com/id/17424874/ It answers a lot of questions I was wondering as I am sure many of you are as well... It is interesting to know that the US government itself owns 52% of its own debt....
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March 7th, 2007
| Post 2 |
| Centurion | whats even more interesting is that china only owns less than 10% of the debt.
__________________ your flaws are your perfection. |
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March 7th, 2007
| Post 3 |
| Milforum's Bouncer | If you own government bonds you own part of the debt. You can find this information published by the Treasury Department online updated every month. Monthly totals... http://www.treasurydirect.gov/govt/r.../mspd/mspd.htm Daily totals here... http://www.treasurydirect.gov/NP/BPD...application=np The budget in pictures for our linguisticly challenged members... http://www.federalbudget.com/
__________________ "The purpose of fighting is to win. There is no possible victory in defense. The sword is more important than the shield and skill is more important than either. The final weapon is the brain. All else is supplemental." - John Steinbeck |
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March 7th, 2007
| Post 4 |
| Tribuni Angusticlavii | I just find it very interesting that the US Government owns 52% of the US debt... Another thing is the government doesn't have any money...it is supplied by the people... Just like major corporations don't pay taxes, hell they don't even pay their employees....People do every time you buy a good or service, the only thing they are doing is making a profit. Last edited by Donkey; March 7th, 2007 at 13:38. |
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March 7th, 2007
| Post 5 |
| Milforum's Bouncer | Donkey have you been reading Marx?? |
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March 7th, 2007
| Post 6 |
| Tribuni Angusticlavii | Nope, but I'm curious to why you say this. I'm just stating the facts, just the facts....lol No most people think that the grocery store they bought there bread at actually pays taxes, figuratively sure. But actually those taxes are included in the price of the good that you purchase. I believe you would call this overhead, since the point of owning and running a business is to make a profit. Random thoughts that somewhat tie into what we are discussing.... Even within communism the government only exists if it has people.... A group only exists if it is more than one person.... Anarchist meetings...now that kinda goes against the point doesn't it.... Last edited by Donkey; March 7th, 2007 at 15:52. |
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March 7th, 2007
| Post 7 |
| Milforum's Bouncer | Anarchist meetings... nice  Just noticed the theme in your other post... people are the power... corporations are leeches that survive on the labor of others... that's what it seemed to be saying... very Marxist in that sense. |
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March 19th, 2007
| Post 8 |
| Tribuni Angusticlavii | Interesting article I just stumbled upon that deals with this very topic and todays current events.... Economics 101: Look at the Facts; Don't Listen to Hysterics http://www.foxnews.com/story/0,2933,259241,00.html |
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March 19th, 2007
| Post 9 |
| Tribunus Laticlavius | Capitalism sucks, but I have yet to find a (functional) superior alternative. 
__________________ "It will be found an unjust and unwise jealousy to deprive a man of his natural liberty upon the supposition he may abuse it." - George Washington |
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March 19th, 2007
| Post 10 | |
| Tribuni Angusticlavii | Quote:
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