"It" being how things have gotten to the point where our government can spend itself into debt like a college freshman with a wallet full of new plastic.
The only reason I still have a credit card is Gunbroker.
The only things missing from the Obama administration are stupid police uniforms and a small police car. Other than that they are acting like the Keystone Cops.
"The only things missing from the Obama administration are stupid police uniforms and a small police car. Other than that they are acting like the Keystone Cops."
The gov't can easily get itself out of debt by printing money until it's worth less than toilet paper. At which point I will advocate putting Obama's picture on the $20,000 bill.
To be fair, if you are carrying a balance transferring it to a different card may get you a reduced interest rate for the balance transfer. At least for a while.
I'm not sure how long you could run your balance around between various cards this way before they stopped offering the reduced rate to you.
"For the same reason Bernie Madoff's a criminal but FDR is a hero?"
Bingo. Madoff runs a ponsi scheme and steals from investors and he goes to jail. The government does exactly the same thing with Social Security and it's OK
Actually I know someone who did this, used a card for almost $10,000, then rolled it over to a new "No interest on balance transfers for 6 months!" card, repeat.
Did it for three and a half years, not a bad interest free car loan.
My truck will be paid off in another 11 months. Then, I will buy more guns. And Ammo. And a new computer (ok, not all at the same time). But from here on out, except for emergencies, it's cash only.
And as for the reason the gov't can do it, it's "Because we are the government, and we're smarter".
I'm not remotely saying Obama's administration has all the answers, but the previous administration was markedly different from the way a lot of so-called Republicans seem to remember it.
"I'm not remotely saying Obama's administration has all the answers, but the previous administration was markedly different from the way a lot of so-called Republicans seem to remember it."
So what you're saying is that Obama is just like Bush, only more so.
Tam, You are a patriot. According to Obama's economic team, each $100 spent produces $150 in wealth and employment, by spreading the money around.
Every time you pay one card with another, you multiply this country's wealth. You are saving us all.
Strangely, if you believe Obama (alas, I don't), then even counterfeiting would be productive, and it is so much easier than earning and spending money. Let's Counterfeit Our Way to Wealth
When Obama made that crack about how he belonged in the Special Olympics, it was an insult... to Special Olympians! I have known quite a few people at various levels of mental retardation, (The Bride of Monster is personnel manager at a sheltered workshop; most of her employees qualify).
I recall well an incident in high school. A "retarded" kid told me about the project he was working on in carpentry class. They were building a garage out in the shop's gravel parking lot, directly in contact with the gravel. At the end of the semester, it would be auctioned off to recover the cost of materials, which would fund the next class' project. He couldn't believe the teacher didn't have them building in on top of cinder blocks to keep it out of contact with any ground moisture, and he was of the considered opinion that by the end of the semester, the bottom of the garage would already be rotten. He may have been "special", but he had more sense than the college-graduate teacher. That taught me an excellent lesson in humility; since then I've learned many things from people with IQs lower than mine, because I was receptive to the idea they might just know something I don't.
I don't think any Special Olympian would be able to explain how the cure for too much debt is more debt. No, they aren't anywhere near "smart" enough. You need an Ivy League education to get so far out of touch with reality as to believe that crap.
How come when I steal my neighbor's Visa card number and use it to pay my AmEx bill, it's a criminal offense, but when the government does it, it's "progressive"?
You have TWO credit cards? And at least one with a balance?
ReplyDeleteI hate to break this to you Tam, but I think you might be part of the problem.
Or the solution.
I just don't get it
This is a joke.
ReplyDeleteI don't actually have any cards at this time, and have been debt-free for nine years.
Joking too. I got it. I just don't get "it".
ReplyDelete"It" being how things have gotten to the point where our government can spend itself into debt like a college freshman with a wallet full of new plastic.
The only reason I still have a credit card is Gunbroker.
Rationality is not rewarded in politics.
ReplyDeleteThe only things missing from the Obama administration are stupid police uniforms and a small police car. Other than that they are acting like the Keystone Cops.
"The only things missing from the Obama administration are stupid police uniforms and a small police car. Other than that they are acting like the Keystone Cops."
ReplyDeleteAt least the Keystone Cops were funny.
I was going to suggest that the answer is, you don't get it because you don't fart butterflies.
ReplyDeleteAnbd then I decided not to post anything.
Then I noticed the WV, and decided not to waste it: butslac
Sometimes, they write themselves...
The only thing we have to Fear is Congress itself - they're down at The Shore, gettin' likkered-up and tattoo'd.
ReplyDeleteis this some of that "fuzzy math" they made fun of GW for?
ReplyDeleteWho's laughing now?
no one that's who.
Mr Fixit
For the same reason Bernie Madoff's a criminal but FDR is a hero?
ReplyDeleteFDR sure isn't my hero!
ReplyDeleteMaybe I should have put hero in quotes.
ReplyDeleteThe gov't can easily get itself out of debt by printing money until it's worth less than toilet paper. At which point I will advocate putting Obama's picture on the $20,000 bill.
ReplyDeleteTo be fair, if you are carrying a balance transferring it to a different card may get you a reduced interest rate for the balance transfer. At least for a while.
ReplyDeleteI'm not sure how long you could run your balance around between various cards this way before they stopped offering the reduced rate to you.
"For the same reason Bernie Madoff's a criminal but FDR is a hero?"
ReplyDeleteBingo. Madoff runs a ponsi scheme and steals from investors and he goes to jail. The government does exactly the same thing with Social Security and it's OK
you KNOW the difference awreddy, tam... it's all about the great unwashed and the so-called elected/privileged
ReplyDeleteand cuz of the worldwide water crisis, we won;t get to shower any time soon :(
It's funny..
ReplyDeleteYou called it reason 452, and I instantly jumped to the conclusion it has something to do with CZ rimfire rifles...
I need an intervention.
Actually, if you can get points on it and keep the cycle going until death, it might not be a bad idea.
ReplyDeleteNo mystery here. Private citizens are far too stupid to manage excessive/massive debt loads.
ReplyDeleteOnly the annointed have the ridiculously huge brains necessary to pull off this feat.
Just pay your taxes like a good little citizen.
Actually I know someone who did this, used a card for almost $10,000, then rolled it over to a new "No interest on balance transfers for 6 months!" card, repeat.
ReplyDeleteDid it for three and a half years, not a bad interest free car loan.
staghounds: the hard part is finding one that doesn't charge a transfer fee.
ReplyDeleteRoger the debt-free feeling, Tam.
ReplyDeleteJust got there myself last week.
Feels weird.
Hey Tam - your line is the quote of the day over on survivalblog.
ReplyDeleteNice.
My truck will be paid off in another 11 months. Then, I will buy more guns. And Ammo. And a new computer (ok, not all at the same time). But from here on out, except for emergencies, it's cash only.
ReplyDeleteAnd as for the reason the gov't can do it, it's "Because we are the government, and we're smarter".
Because they own more real estate than you do. : )
ReplyDeleteHmmph. I don't have any debts, and they told me I couldn't vote. Nothing in common with the other subjects. Now I find out there's what, four of us?
ReplyDeleteIs it possible Our One's new ChinaCard had one of those no-fee transfer offers? Because, you know, that would explain just about everything.
ChinaCard: It's everywhere He wants to be...
To all those complaining without facts about Obama, check out if you would run your house the way the Bush administration ran the country.
ReplyDeletehttp://www.city-data.com/forum/attachments/2008-presidential-election/21040d1212792152-what-will-you-give-up-pay-national_debt.jpg
http://www.independent.org/newsroom/news_detail.asp?newsID=31
http://www.factcheck.org/defending_spending_bushs_blooper.html
http://divisionoflabour.com/archives/BushBigSpender.jpg
http://s.wsj.net/public/resources/images/NA-AW028_SPEND_NS_20090219195222.gif
I'm not remotely saying Obama's administration has all the answers, but the previous administration was markedly different from the way a lot of so-called Republicans seem to remember it.
Way to step up to the plate there Anon.
ReplyDelete"It's not our fault" - The Obama Administration
I'll gladly concede that the previous administration easily contributed more than their share to this mess.
If you're going to post a bunch of random links (city-data...really?) At least have the courtesy to use a name so you may be mocked properly.
The Obama administration is making things worse with each passing day. This should be obvious to most people.
Anonymous, I'd never think of complaining without facts about Obama. Right in with you on that, brother.
ReplyDeleteLet's start with his birth certificate. Then his grades.
Tiberius Caesar was a harsh, harsh man. Do you suppose that excuses his successor? Look it up.
Folks, we can expect a great deal more of this. The Party has cried havoc, and unleashed its dogs.
"Tiberius Caesar was a harsh, harsh man. Do you suppose that excuses his successor?"
ReplyDeleteHA!
rofl
Gratias ago.
ReplyDeleteTiberius Caesar was a harsh harsh man...
ReplyDeleteGreat opening line for a folk song.
"Juxtapose the above with a paragraph with this stunning assesment from Victor Davis Hanson….another smart bomb nails it’s target. "
ReplyDelete"I'm not remotely saying Obama's administration has all the answers, but the previous administration was markedly different from the way a lot of so-called Republicans seem to remember it."
ReplyDeleteSo what you're saying is that Obama is just like Bush, only more so.
Two reasons:
ReplyDelete1) You can not increase your income under force of law.
2) You can not print money at will.
It sucks once you fill up your credit cards then the taxman puts the squeeze on… that really sucks
ReplyDelete"So what you're saying is that Obama is just like Bush, only more so."
ReplyDeleteOuch! :D
Tam,
ReplyDeleteYou are a patriot. According to Obama's economic team, each $100 spent produces $150 in wealth and employment, by spreading the money around.
Every time you pay one card with another, you multiply this country's wealth. You are saving us all.
Strangely, if you believe Obama (alas, I don't), then even counterfeiting would be productive, and it is so much easier than earning and spending money.
Let's Counterfeit Our Way to Wealth
When Obama made that crack about how he belonged in the Special Olympics, it was an insult... to Special Olympians! I have known quite a few people at various levels of mental retardation, (The Bride of Monster is personnel manager at a sheltered workshop; most of her employees qualify).
ReplyDeleteI recall well an incident in high school. A "retarded" kid told me about the project he was working on in carpentry class. They were building a garage out in the shop's gravel parking lot, directly in contact with the gravel. At the end of the semester, it would be auctioned off to recover the cost of materials, which would fund the next class' project. He couldn't believe the teacher didn't have them building in on top of cinder blocks to keep it out of contact with any ground moisture, and he was of the considered opinion that by the end of the semester, the bottom of the garage would already be rotten. He may have been "special", but he had more sense than the college-graduate teacher. That taught me an excellent lesson in humility; since then I've learned many things from people with IQs lower than mine, because I was receptive to the idea they might just know something I don't.
I don't think any Special Olympian would be able to explain how the cure for too much debt is more debt. No, they aren't anywhere near "smart" enough. You need an Ivy League education to get so far out of touch with reality as to believe that crap.
Time for term limits. 4 years in the house , 1 term for senate and president.
ReplyDeleteQuoted on Instapundit today.
ReplyDeleteAlso nice.
What's the record for comments over here Tam?
Hunnert-n-sumpin, when a discussion got going really good.
ReplyDeleteWhat do you call it when Barney Frank fills up his cards?
ReplyDeleteHow come when I steal my neighbor's Visa card number and use it to pay my AmEx bill, it's a criminal offense, but when the government does it, it's "progressive"?
ReplyDeleteThere, fixed it for ya.
Tam, I love your profile. Are you for real?
ReplyDelete