Americans now have the highest credit-card debt in U.S. history

Discussion in 'Current Events' started by Pollycy, Aug 11, 2017.

  1. Media_Truth

    Media_Truth Well-Known Member Past Donor

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    Yes, Judicial Watch is one of many billionaire-controlled organizations. They have an annual budget of $35 million, and a staff of 50 full-time lawyers and investigators. They filed over 300 lawsuits against Obama, and many against Hillary. Almost all the lawsuits were dismissed, but the billionaire-controlled FOX News picks up every story. FOX people hated Obama/Clinton, after listening to the billionaire FOX propaganda.
    https://www.nytimes.com/2016/10/13/us/politics/judicial-watch-hillary-clinton.html

    And again, this is just one of many billionaire controlled Right Wing think tanks - Heritage Foundation, Heartland Institute, etc. etc. Big, big bucks from the likes of Mellons, Kochs, etc; while the Left has it's individually-funded organizations like the ACLU, Sierra Club and Union of Concerned Scientists.
     
  2. CourtJester

    CourtJester Well-Known Member

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    Well I will put it more simply. You lied and no such funds exist. Obviously you have never invested nor do you appear to have any understanding of the Tax system. My guess is your whole schtick is just you pretending to have ever achieved any sucess in life.

    But I do enjoy the picture of you speaking.
     
  3. Bluesguy

    Bluesguy Well-Known Member Past Donor

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    Waiting for you to prove your claim that only the House can pass spending bills........:popcorn:
     
  4. Kaner88

    Kaner88 Well-Known Member

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    As I said before, show me where the Senate has passed any in the last 20 years or more? Thats the proof you need.
     
  5. Bluesguy

    Bluesguy Well-Known Member Past Donor

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    That's not how it works YOU claimed only the House can pass a spending bill. I already refuted your claim.

    So prove it, where does the Constitution say all bills spending money must originate in the House.
     
  6. Kaner88

    Kaner88 Well-Known Member

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    Read the constitution again sweetie.
     
  7. Pollycy

    Pollycy Well-Known Member

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    Auf Wiedersehen....8)
     
  8. Mandelus

    Mandelus Well-Known Member

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    Not that I share the following telling full, but the core is not a lie at least... but there is outside the USA no real wondering about it at least.

    "Who wonders when the USA is the country with highest debt, that then are the citizens at least in private too? Will cause a new 2008 crash as soon as someone starts to collect the debts and want to have the money back to massive... Thank you USA! Just think about the amount that the US currently owe China ... 1.350,000,000,000 USD ... and China will tell give me my money!"

    That is the core statement about this issue!
     
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  9. Bluesguy

    Bluesguy Well-Known Member Past Donor

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    Already posted which Article ans Section are referring to?.
     
  10. squidward

    squidward Well-Known Member

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    These billionaires, where is their money spigot?
     
  11. CourtJester

    CourtJester Well-Known Member

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    Don't take any wooden nickels
     
  12. notme

    notme Well-Known Member

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    Bush and the rest of the GOP, with the small government made it possible for the subprime mortgage to crash the economy world wide.
     
  13. Bluesguy

    Bluesguy Well-Known Member Past Donor

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    And of course they did nothing of the sort but had the Democrats followed Republican policies the crash would not have been as deep nor lasted as long and we would have entered a full recovery back in 2012-2013 and not wasted all that money. That $800B stimulus that was supposed to hold unemployment to just 8% for one month and instead unemployment shot to 10% and stayed over 9% for the next 4 years and the Democrats did nothing else. The deficit they took from $161B to $1,400B in just two years and kept it over $1,000B for the next four years? And you try t blame it on Bush.
     
    Last edited: Aug 23, 2017
  14. squidward

    squidward Well-Known Member

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    Did bush and the GOP leverage several hundred trillion dollars in derivatives or did Rubin's wall street buddies?
     
  15. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    And nothing more than anther copout retort.

    Click ignore.
     
  16. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    What is with all these shitty, holier than thou, copout posts.

    Look, people aren't always going to agree with you. Either defend your positron with logic and constructive debate, poor just shut up. Nobody is impressed.
     
  17. Alchemist

    Alchemist Well-Known Member

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    you make 100k a year and not smart enough to know the average individual income of the US? I call BS.
     
  18. Alchemist

    Alchemist Well-Known Member

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    If you didn't get a CC until 47 than statistically, you have very little assets. This isn't an attack and/or permission to tell me just how well you off you are. This is just to express that people lie and numbers don't. The ability to manipulate local economies and lobby greatly increase your success chances.
     
  19. FreshAir

    FreshAir Well-Known Member Past Donor

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    once Bush made it so Americans could not claim BK on credit cards, the credit card companies issues cards to teens, big limits, debt that will always grow and can not claim bk, the banks are taking advantage of it, but there will be another banking crash caused by such reckless lending and borrowing
     
  20. FreshAir

    FreshAir Well-Known Member Past Donor

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    course that was when people still used checks... times change

    and what happened to savings accounts, they used to give real interest, banks have got greedy
     
    Last edited: Aug 24, 2017
  21. FreshAir

    FreshAir Well-Known Member Past Donor

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    not 100% true, many raise interest rate by 2 or 3x once you actually use your card to your limit

    thanks to Obama, you can now cancel your card and keep the original rate, but that is something that Trump may undo

    banks hold some of the responsibility for targeting teenagers with large credit limits
     
    Last edited: Aug 24, 2017
  22. ellesdee

    ellesdee Well-Known Member

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    Where did I state I don't know the average individual income in the US?
     

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