Rick Reuben wrote:Colonel Shitbrain, thinking that the Republicans created the deficit, and that the Democrats fought them tooth and nail every step of the way:
I never said the Democrats fought them every step of the way, but the Democrats did pose significant resistance on several occasions. Several times throughout the Reagan and GHW Bush administrations, Federal government shutdowns occurred as a result of the Democratic Congress refusing to sign off on an exhorbitant budget bill offered by the Republican White House. In fact, the same thing happened twice during the Clinton administration, for the opposite reason, when Clinton offered a balanced budget, the Republicans (led by Newt Gingrich, as part of his infamous "Contract On America) refused to sign off on it, causing the government to shut down nonessential services for several business days.
Colonel Panic wrote:Total fiscal irresponsibility, mostly on the part of Republican administrations, is the cause of the "vat of red ink".
:lol: [/quote]
Look at the chart I posted, smartass:
It's the SAME CHART, with the administrations delineated and labeled.
Where does the biggest leap in US debt occur? And following that, during which administration does it turn around? Then where does it resume its sharp incline? Now go back and look at every Republican administration since the 1960s. Do you see any kind of a trend there? Are you really so thick that you can't even recognize it when it's represented in plain, graphical format?
Rick Reuben wrote:Colonel, do you know when the USA became a debtor nation to itself? I do. Do you know what caused it? I do. Do you think that the military-industrial complex created by FDR had anything to do with it?
Do you know when the US became a debtor nation to foreign creditors? I do.
Interesting. Soon after the central bankers took over the monetary system and imploded the economy from 1929-1939, the US suddenly turned its country over to the greatest debt-producing machine ever created: perpetual wartime economies.
Those charts you posted don't show that. The first one is the same one I posted earlier with the presidential terms outlined, which you didn't even bother to look at. The second one shows only the period from 1970-2004. There's no mention whatsoever of the period of 1929-1939. And anyway, what does it show? That the US was largely in control of its own financial assets until the beginning of the Reagan administration, that foreign interests began taking over the US economy right in the middle of Reagan's second term, and have been increasing ever since. That doesn't prove your point either. It actually gives credence to my point, that the Republicans are in the business of selling off our country from underneath us.
Look at the chart I posted labeled with the presidents. There's the pattern. Just open your eyes and look. You can't help but see it. During which administrations does the upward trend start, and during which ones does it stop or reverse? You
do know how to read a chronological bar chart, don't you?
I am not saying that the Democrats are our saviors, or that they're not part of the problem, but they're certainly preferable over the Republicans. Maybe if they grew some fuckin' balls they might actually be a viable alternative. But if you want to find your "ruling elites", you need look no further than the GOP and their supporters.
The Libertarians are even worse with their
lassiez faire capitalism bullshit. That's what Reagan's "voodoo economics" was all about, and look where it got us.
BTW, the US is not a debtor to
itself, it's a debtor to
private interests owned by particular US citizens. Big difference there. In other words, the taxes paid to the government by each and every one of us are in a large part beholden to wealthy government contractors. Now I'll give you two guesses which political party is the biggest proponent of that economic shift?
(Hint: Which party has, for the past 5 years or so, been pushing the process of privatizing the US military
, the most lucrative of all government sources of contract business?)