Do Republicans want Bank Robbing to be made legal. They keep borrowing $$ from China with no plan to repay ???

Question

Isn't that some form of Bank Fraud or Robery.

Every day on YA I read posts saying we should borrow more money and never pay it back.

Some users ever want to nuke foreigh banks claiming if we destroy the banks we can have more tax cuts.

Is this Jessie James Economics the New VooDoo Economics

Answer 1

it's called the 'republic' party, not the republican party...

Answer 2

SO YOU HAVE PRESENTED your case, and now the conclusion: 1. Will the police drop the case? ABSOLUTELY NOT. The act committed constitute a crime, which is robbery in a band, in a band because I do not think one person can accomplished robbing a bank all by himself. So he needed a gang or bunch of guys who will assist him on the deliberation of the act of robbing the bank. 2. If the robber is caught later, would he or she still be charged? NATURALLY. He or she will be charge with robbing a bank. 3. What sentence would be possible in terms of years? He or she is facing a minimum of 3 years to a max of 12 years. Although he or she can get out in a few years time on the ground of good behavior inside the prison cell. Whether the gun is a toy or not, the same crime is impose upon individuals who terrorize innocent civilians in the bank therefore constitute a crime of robbery in a band.

Answer 3

Here’s the anti-debt-doomsday argument, point-by-point:

• The outstanding treasury securities will not all mature simultaneously, not even close;
• When an old bond matures, it is exchanged for dollars that the government gets from selling a new, fresh bond;
• The steadily-increasing number of bonds held by the public requires a steadily-increasing number of tax dollars each year to be paid out as interest;
• A steadily-growing economy generates steadily-growing federal tax receipts, even with no change in tax rates;
• Therefore, in reality, it's not an inevitable disaster, it's a race between two growing numbers: interest payments and tax receipts;
• For several years, tax receipt growth has outpaced interest payment growth; in other words, the burden of debt has decreased.

Conclusion: If interest payment growth stayed even with tax receipt growth, year in and year out, our grandchildren's debt burden would be no greater than ours is today.

Two things cause interest payments to grow: interest rates, and debt growth. Keeping inflation low and steady will help hold interest rates down. Debt grows steadily when we run perennial deficits—but tax receipts grow in tandem with the growth of the economy. Bottom line: If the economy grows at least a fast as the debt grows, and inflation is low and under control, our ability to make growing interest payments will increase at least as fast as our obligation to make those interest payments.

Answer 4

Should the Clintons be imprisoned for draining the Social Security Trust Fund.

Answer 5

Sounds like everything you know about economics, you learned in Kindergarten.

Bumper sticker economics is the most dangerous kind. Read something with pages and facts & stuff.

Answer 6

Little one, Republicans had 6 years to pass any law they wanted and bank robbery was not legalized. Why must you keep making up lies?

Answer 7

Sounds like you've pulled the plug out of the jug a bit early this Friday.

Answer 8

Democrats are also borrowing money from China.

You do know that congress does not have a Republican majority anymore right?

Answer 9

It is all part of the plan to bankrupt the U.S.A. to pave the way for the North American Union. See the links below.

Answer 10

Who's they ? The Dems have control of congress last time I checked.

Answer 11

who cares about China, they are in the business of killing people for profit