Kenwas, Suppose China called up and said, we are letting you slide on the loans. There is no need to pay them back.

Would we not  just end up where we are because we don't make anything worth buying? All we had was housing and we know what happened there. Until we get beyond Profit> anything else, we are screwed.

If I did that they would call it counterfeiting. I would go to jail for many years and the taxpayers would pay for my upkeep with their counterfeit money. It's only paper, backed by nothing but our faith.

not exactly. It would be poor money managment and you would end up homeless. However, prisons these days are practically resorts so maybe it wouldn't be so bad.

If I ever had a serious medical condition that required thousands and thousands of dollars to cure, I would rob a bank. If I got away, woohoo. If I got caught..Woohoo. I would get the best medical care there is. I would be in final recovery just about the time I am paroled.  

Its like a poker game. The winner took there money and went home. Before they left the bank gave them all of their take. The rest were left to play with pennies.

We need to reinvest in America, or double down, go all in, to recover.

No, we are a net/net consumer nation.  We would lose the power to buy and our life sytle would quickly go down the toilet making today's situatin look like paradise and the good old days as bad as it seems now.  Our national credit rating is critical to our continued prosperity. It will be a sad day indeed if the Treasury lost their AAA rating.( and that is no longer a remote possibility).  We would certainly not end up where we are now regardless of the fact that we manaufacture less and less each year of certian goods.  We also feed much of the world and provide markets to same for their goods.  It is a very, very small world.

For the record, I'm not arguing, just looking for alternate perspectives to make meself smarterer.

U should try 4D

I'll ask my welfare leaching neighbors if they have any for sale.

I would like to point out that this time, I'm not giving my opinion on this issue. 

But u want to 

I would like to point out at this time that I have many opinions on this issue.

Nor am I my friend.  I am just frustrated at having only the real choice of voting for a Republican SPENDER or a Democrat SPENDER.   I am so ready to be picked off by a viable third party that I can't believe it although it seems the odds of that are nil.

boy, do I hear that.

Good. I didn't want to have to pay for my children anyway! Them buggers are expensive!

As kenwas points out, it is a very small world we live in these days, as you don't ever gain anything trying to turn back the clock and go back to what some might consider better times.

In my opinion only, the hard fact is having a Government that wants to tax and spend it's way out of problems and create more Government over sights for everything just isn't going to get it done. 

We are not going to do away with taxes but we can and should reduce the size of the Government and make it moe efficient.  A Flat Income Tax comes to mind, do away with the IRS.  We have to stop bailing out businesses for making bad or dumb decisions.  That was never taught in any business classes I took.   Fact of life, jobs are lost everyday, and everyday new jobs become available.  It's been that way for a very long time.

Lots of things can be sugguested and most of them will be good but none of them will ever see the light of day unfortunately.

Here is one very important fact that hardly ever is pointed out, 'We, The People' far out number the politicians.  Think about that for awhile and see how it makes you feel.  I just bet you get a little unset if not angry.

Some of the replies are just dumb sick

Disclaimer: The contents of the material may not be suitable for all readers and is ABSOLUTELY not targeting the thread starter.   

Most families of four can live great without feeling the recession with simply the tax I pay on my paycheck alone, yet I'm not complaining. This place is loaded with (In My Book) rednecks, racists who would complain about anything. One may try to feed them with a spoon; sadly they would rather focus on biting the fingers holding the spoon. Holocaust did not have to happen, still, empty-minded and brainless beings are denying it ever took place. It's easier to break things while it's time consuming to fix things back in working order. You can’t reason with Scarecrows.

"Of the People...By the People and...For the People?" Isn't that the way it was supposed to be? People like you, me and the average Joe Shmoe don't mean diddly to the high muck-a-mucks in Washington. Haven't for more than fifty years. Think about this...back in the Reagan era a law that should never have been touched was systematically torn down, up and decimated by the time GWB got into office. It was originally designed to prevent the very thing that happened on Wall Street. I wish I could remember the name of it but my memory is not as good as it used to be. Anyway...it was supposed to keep the banks on a tight leash and provide dtopgaps to keep them from spending like they did and chasing after so much bad credit. Merril Lynch and Leahman Bros., two of the biggest brokerage houses in the continental U.S. fall due to really idiotic decision making. The likes of which people like us would run like hell away from. That failure took down a GLOBAL economy, two governments fell and several others are teetering on the brink. The along comes Bernie Madoff to the tune of $50 Billion dollars...50 billion...a five with ten zeros in front of it! He isn't the only one either. Since then nearly a half dozen more have been nailed defrauding, not the government or big bussiness but people like us who bought into their lies. Instead of another Boston Tea Party I suggest, and this is a bit ironic too because no one has the balls to do it, stage a coast to coast taxpayer revolt. Can they lock all of us up? I don't think so. You want to make them up on the hill sit up and take notice......do to them what they are so good at doing to us...hit them where it'll hurt the most......right in the pocketbook! Because if they can't get the money from us...hehe...they'll tuck heads between their legs and kiss their collective asses goodbye!!   My two cents.

I'm sorry...I have to respond. I didn't see the rest of reply #37. I have a question...'In your book'...This place...you're not referring to WC right? I'm probably seeing it wrong.