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QUOTE(edalz @ Jul 20 2009, 11:16 PM) <{POST_SNAPBACK}>Holy cow! Is this correct? Does it show a surplus in 2001 then a deficit in 2008? What happened from 2001-2008?

http://apnews.myway.com/image/20090713/BUD...docid=D99DSUG00

The democrats took control of congress.

That dark red year at the end is when we got a democratic congress AND a democrat president.

The blue years are approximately when we had a republican congress.
 

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And the question is...........

Why is this posted here???
 

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QUOTE(gunshow @ Jul 21 2009, 05:46 AM) <{POST_SNAPBACK}>Don't worry it's fake money............

I wonder when the printing ends......

You're closer to the truth than most would like to believe. And what we've seen is just the tip of the iceberg.

A trillion in deficit SO FAR this year, and the bulk of the "stimulus" won't be spent until next year.

BUT THAT'S A DROP IN THE BUCKET!

The fed has increased the monetary supply by trillions of dollars over the last year or so, with NO oversight from congress or the president. They "loan" that money into existence, basically.

The combined effects of all this will be massive inflation. Think carter-era. It will be the only method to grow the GDP in dollar terms and shrink the debt in value (not dollar value, actual value). This will be good for you if you're in debt to your eyeballs and have all fixed rates. It will suck if you're an investor trying to beat inflation.
 

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QUOTE(Pornodave @ Jul 21 2009, 11:07 AM) <{POST_SNAPBACK}>And the question is...........

Why is this posted here???
because they chased anyone that doesnt have the same political views as they do out of the political forum...now they have to post here to get a rise out of people.
 

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No... This is just a reminder to all fellow boaters for when we have to pay a luxury tax on summer dockage, winter storage & a surcharge on boat gas we buy... Sorry if this offends you.. But we should all be offended by what is going on with our money....
 

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QUOTE(4_winns_fan @ Jul 21 2009, 12:11 PM) <{POST_SNAPBACK}>QUOTE(Pornodave @ Jul 21 2009, 11:07 AM) <{POST_SNAPBACK}>And the question is...........

Why is this posted here???
because they chased anyone that doesnt have the same political views as they do out of the political forum...now they have to post here to get a rise out of people.


Exactly.
 

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Besides the budget surplus comments, nothing policitial here. Just accounting, or a lack thereof. I hear Bernake may be on his way out. I'm applying for the job.......

Washington always uses a convoluted accounting method.

We need a boating stimulus package....free 42 ft Fountains...you just have to buy gas..

People should at least understand FIAT money, the money supply is pretty amazing when you think about it. Now if I could just use the Washington/Wall Street method, I'd be good ta go.
 

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I think I am going to fill the Boathouse up with topics about fishing, cooking, and kiteboarding.

Because I think people here should read them.

And because I know nothing about fishing, cooking, and kiteboarding - it seems very appropriate....

 

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QUOTE(4_winns_fan @ Jul 21 2009, 12:11 PM) <{POST_SNAPBACK}>QUOTE(Pornodave @ Jul 21 2009, 11:07 AM) <{POST_SNAPBACK}>And the question is...........

Why is this posted here???
because they chased anyone that doesnt have the same political views as they do out of the political forum...now they have to post here to get a rise out of people.


how true , now they are just plain rude ,
 
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