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DO YOU BELIEVE THAT OUR NATIONAL DEBT IS A THREAT TO OUR NATIONAL SECURITY?

Drue-AFCL 2012/04/12 23:49:21
Related Topics: Debt, National Debt, Security
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  • Brian Tristan MacQuillan 2012/04/13 00:07:13
    YES
    Brian Tristan MacQuillan
    +9
    Once our national debt passed our GDP, earlier this year, that is when the smoke detectors stopped blaring, telling us there is a fire, because they burned.

    NATIONAL DEBT IS A THREAT TO NATIONAL SECURITY

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  • Tony 2012/04/13 19:01:04
    NO
    Tony
    The National Debt is a lie created by the government as an excuse to take more of our money and freedoms away from us.
  • Striker 2012/04/13 17:40:49
    YES
    Striker
    We could afford our OWN security if Gov would stop increasing the Debt with a new toy every dang day.. We might even be able to pay the nation's bills!
  • Pm 2012/04/13 16:58:42
    NO
    Pm
    How could it be?
  • joe ramirez 2012/04/13 16:49:13
    YES
    joe ramirez
    +1
    "The borrower is servant to the lender." China and Russia know we on are the road to financial collapse! They will take advantage of that, when you go to the store most all goods come from China. We owe more money than we can pay for the next 100 years!
  • Katfish 2012/04/13 15:51:38
    YES
    Katfish
    +1
    The largest by far.
  • hari 2012/04/13 14:30:26
    YES
    hari
    by all means as the expenditure on military forces is highest in the world as we act like world police to spare our people to Afghanistan / Pakistan / Iraq and many more
  • S. Gompers 2012/04/13 14:24:04
    YES
    S. Gompers
    Because foreigners own a bunch of it.
  • D D 2012/04/13 13:19:10
    YES
    D D
    +1
    You bet!

    vbu
  • mwg0735 2012/04/13 13:07:44 (edited)
  • Hawkeye 2012/04/13 12:59:02
    YES
    Hawkeye
    +3
    I don't think that any sane person thinks otherwise.. To be certain,, there are no sane arguments to suggest otherwise..
  • Dan ☮ R P ☮ 2012 ☮ 2012/04/13 12:55:03 (edited)
    YES
    Dan ☮ R P ☮ 2012 ☮
    +2
    Easily. The debt contributes to the fall of our fiat currency, and once our fiat currency is no longer demanded around the world from our over spending and debt, the dollar who knows if we'll even be able to afford a military (technically we cant afford it now). Hell, national defense might even become the last thing on our minds.
  • Risk 2012/04/13 12:49:00
    YES
    Risk
    +2
    If you owed more money on your house then you could ever hope to pay back, is it possible you might be forced into bankruptcy and loose your home ?
  • Wahvlvke 2012/04/13 12:11:30
    YES
    Wahvlvke
    +1
    Of course it is.
  • Radlad 2012/04/13 10:47:56
    YES
    Radlad
    +1
    Take into account that china considers the US its number 1 enemy produces most of our stuff. We'll be paying them to pay for their military build up while we can't pay for jack..........
  • Wahvlvke Radlad 2012/04/13 12:14:25
    Wahvlvke
    All of these companies with "partnerships" with chinese doing business in china are actually partners with the chinese army. We are building the chinese military.
  • Radlad Wahvlvke 2012/04/13 20:44:59
    Radlad
    Yeah I guess in a since you're right. Since our government is so hostile to business that they can't do business here.........
  • Wahvlvke Radlad 2012/04/14 12:00:01
    Wahvlvke
    ????
  • Rusty Bubbles 2012/04/13 09:01:00
    YES
    Rusty Bubbles
    +1
    We are selling ourselves as a nation, it's like asking~~

    Is prostitution a risk that persons health?
  • Wizard 2012/04/13 08:25:50 (edited)
    NO
    Wizard
    Look at it this way...
    We are not even close to reaching a national debt such as they have in Europe. Japan is running a 220% debt to GDP and doing great.

    The USA's paranoia over 100% debt to GDP is pretty nearly laughable and a bit embarrassing...that a large segment of the population bought into the Tea Party concerns on the debt.

    The reality is...president Truman had a large 120% national debt to GDP in the 1950's. We had two great decades after. Japan is proving that fears of debt are mostly perceptions. As an economy grows...that debt gets cheaper to pay off. And in most instances...the debt floats at around 50%...which is where the USA performs best...if you follow history. Carrying a little debt seems to be a sign of a healthy economy.
  • Wahvlvke Wizard 2012/04/13 12:17:33
    Wahvlvke
    +2
    Soooo ... let's jump off this really high cliff since there might possibly could be a pillow at the bottom. Debt is never any good and now the dollar is almost in the worthless category. Any more good ideas?
  • Hawkeye Wizard 2012/04/13 12:56:09
    Hawkeye
    +1
    What a crock of left Wing BS.. EXACTLY the kind of thinking that put America IN this mess..

    I guess that the reduction in the credit rating was a sign of a healthy economy as well,, eh??
  • Wizard Hawkeye 2012/04/13 18:31:54 (edited)
    Wizard
    +1
    The credit reduction was a result of stubbornness during negotiations with the GOP Tea Party...not our ability to pay. Also, the path to a stronger recovery is NOT austerity in Europe...which the GOP would like to emulate. Japan, after a massive setback, is doing BETTER than most of Europe.

    I know it is very hard for students of trickle down economics to understand, but 100% debt to GDP is NOT as serious as it sounds. Austerity and political contractive policies are the problem. The USA on the world stage is in much better shape than the others...and our allies who also did not turn to towards austerity are also doing much better.
  • Hawkeye Wizard 2012/04/13 18:50:44
    Hawkeye
    They are only NOW turning to austerity AFTER the problems started and now that they have taken THAT direction,, things are only NOW starting to improve.. And the SAME thing happened HERE.. Whatever improvements we see in TODAY'S American Economics are the Results of AUSTERITY that came from the 2010 elections,, NOT the borrow and spend policies of pre 2010 Obama... And it's Obama and the Left's fascination with European Economics PRIOR to their moves to Austerity that is getting us into trouble..

    I remember early on in Obama's Presidency when went to that Summit Meeting and demanded that EUROPE follow HIS lead and they laughed him off the stage.. THEY didn't want to HEAR it..

    BEEN there,, DONE that... DIDN'T work..
  • Wizard Hawkeye 2012/04/13 19:54:34
    Wizard
    +1
    Well it may be slow ..but it is working Here.
    Europe will recover much more slowly than the United States. Our English speaking allies also got beat up...but are doing better. Austerity hurts. Whatever we are doing in the US is working better here in America.
  • Wizard Hawkeye 2012/04/15 04:52:18 (edited)
    Wizard
    +1
    Europe should of listened because the USA is doing better than they are...under Obama's stewardship. The GOP triggered credit downgrade does not count in our recovery, btw.
  • Hawkeye Wizard 2012/04/15 11:25:44
    Hawkeye
    Try.. try REAL hard to revise history that we ALL lived through.. It WON'T work..

    We ALL know that Obama was warned,, NOT the GOP,, OBAMA,, that if he didn't REVERSE HIS course of uncontrolled Borrowing and spending that there'd be that downgrade.. THEY were saying EXCATLY what the GOP anfd the TEA Party was saying..

    "CUT Spending and DO something about LOWERING the debt,, NOT raising the debt ceiling..""

    HE didn't and we got downgraded and NOTHING you left wingers can do can change that.. NOTHING...
  • Wizard Hawkeye 2012/04/15 18:51:41
    Wizard
    +1
    Well...if you are having a hard time remembering how it actually happened...I can drag up some articles for you. The Tea Party was confronting Obama. Remember? I will look for the article or link that explains why they downgraded the credit rating... I believe they mentioned poor cooperation among Congress as the main reason.

    Well...anyway...the GOP will refuse to acknowledge it takes two cats to have a cat fight...but I do have an article that meets halfway.

    http://m.guardian.co.uk/world...
  • Wizard Wizard 2012/04/15 18:57:44 (edited)
    Wizard
    This article says S&P; goes the way of the Tea Party. It says S&P; partnered up with the Tea Party for our credit downgrade.

    http://www.thedailybeast.com/...
  • Hawkeye Wizard 2012/04/15 19:00:16
    Hawkeye
    Yeah... Of COURSE They mentioned poor co-operation within the Congress.. Obama just takes a side and signs the bill and yhe TOOK the side of the SPENDERS.. The lack of co-operation in COngress was between THOSE that wanted to TAKE their advice and the Democrats that REFUSED to DO so..

    Why is it that you guys twist EVERYTHING to suit YOUR needs.. The COngress includes the DEMOCRAT Senate as well as the Republican House and it took BOTH houses to NOT Co-operate..
  • Hawkeye Hawkeye 2012/04/15 19:02:06
    Hawkeye
    And don't give me none of that Extreme Left Wing RAG,, the "Guardian" ,, BS.. What the hell does a British Rag not fit to line the bottom of a birdcage know about AMerican Politics??
  • Wizard Hawkeye 2012/04/15 19:27:20
    Wizard
    The Guardian was the links that ASK.COM suggested.
    I would gladly look for more...but it appears that newspaper knows more about American politics than both of us.
  • Wizard Hawkeye 2012/04/15 19:11:53 (edited)
    Wizard
    Partly true...but the Tea Party had the political football last before passage...so it was their STUBBORNNESS that caught the attention of S&P.; Obama was on pins and needles READY to sign what came over his desktop. The Senate was already onboard...but the House under Tea Party influence...was playing cat and mouse...and the USA lost because of that.
  • Hawkeye Wizard 2012/04/15 22:21:53
    Hawkeye
    I dbn't know WHERE you get your ideas.. The Tea Party called for a reduction of the DEBT through REDUCED Spending..

    Those that downgraded the Credit Rating WARNED Obama that we would LOSE our credit rating if we didn't REDUCE the Debt through the reduction of Spending.. INCREASING Taxes wasn't going to DO it..

    The Democrats on the so called Committee ended up doing what Democrats ALWAYS do every time they claim to reduce spending.. They NEVER cut spending..NEVER... They cut the amount of INCREASES in spending and CALL it a spending cut.. IF they had a 25% increase already planned,, they cut it down to a 15% INCREASE in spending and call it a cut..

    THIS is the DEAL that the Republicans walk away from because it called for incresed taxes but NO actual spending cuts..Meanwhile,,

    Obama went on to INCREASE the spending AND the National Debt with another ( one of THREE so far ) trillion dollar Deficit budget and the DEMOCRATS in the Senate went along with it..

    The Tea Party did and DOES nothing.. THEY are JUST a movement.. They NO MORE have anything to do with what goes on in Government then any other Citizen does..
  • Red_Horse 2012/04/13 06:20:56
  • Wizard Red_Horse 2012/04/13 20:04:56
    Wizard
    +1
    Well...
    Ask North Korea.
  • Red_Horse Wizard 2012/04/14 02:07:57
  • The dead and the silent 2012/04/13 04:56:21
    NO
    The dead and the silent
    I'm going to run a Zombie apocalypse for the 2012 apocalypse - your economic state is remarkably irrelevant.
  • POWERSHAKER 2012/04/13 04:19:36
  • The dea... POWERSH... 2012/04/13 04:56:59
    The dead and the silent
    No, the country will fall like a house of cards when I start the zombie apocalypse for December.
  • POWERSH... The dea... 2012/04/13 05:00:07

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