Ron Paul 2012 Containment Thread - Page 215 - Politics and Economics

the US has over 100 trillion of debt. what percent of that do you think is the war on drugs and the war on terror?

its important because perception and reality can often have huge margins between them.

Lol the US doesn't have over 100 trillion in debt. More like 1.4 trillion. Are you just gonna run around making up wild facts out of thin air? We already have one steelhouse for that thanks.

10-18-2011 , 10:11 AM

#5352

SL__72

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Quote:

Originally Posted by suzzer99

Lol the US doesn't have over 100 trillion in debt. More like 1.4 trillion. Are you just gonna run around making up wild facts out of thin air? We already have one steelhouse for that thanks.

1.4 trillion? Closer to 15 trillion.

Zygote's number is real too though. Note the US unfunded liabilities counter on that page.

10-18-2011 , 10:15 AM

#5353

FlyWf

It's the other way

Join Date: Apr 2004 Posts: 58,097

Well, no. I mean, 100 trillion is a real number*, but the US debt is not 100 trillion by any definition of "US" and "debt" that native English speakers would use.

*http://en.wikipedia.org/wiki/Real_number

10-18-2011 , 10:18 AM

#5354

Omar Comin

fantasy failure

Join Date: Jun 2007 Posts: 27,348

Quote:

Originally Posted by General Tsao

**** i love RP.

give him his day in court and get all the facts on the table. america, **** yeah.

omg, if RP becomes president we can actually start saying 'america, **** yeah' and it won't be sarcastic, it'll be whenever civil liberties are upheld regardless of the religion of the accused.

Thought you were an anarchist?

10-18-2011 , 10:18 AM

#5355

LirvA

banned

Join Date: Sep 2007 Posts: 43,574

isnt it 14 trillion?

10-18-2011 , 10:20 AM

#5356

mosdef

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Quote:

Originally Posted by FlyWf

If you sought to make the number as big as possible and you took the present value of all future government programs over an open-group population growth assumption and discounted them at treasury rates you could get a massive number. I mean, if you assume population/entitlement growth greater than long-term treasury rates and do this calculation then you get an infinite liability, which is why you usually see long-term entitlement valuations capped at 75 years or so.

10-18-2011 , 10:26 AM

#5357

AKSpartan

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This just in: exponential functions diverge as the independent variable goes to infinity.

10-18-2011 , 10:29 AM

#5358

mosdef

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Quote:

Originally Posted by AKSpartan

This just in: exponential functions diverge as the independent variable goes to infinity.

Correct - but to translate this to economics is to say "negative real interest rates are a bitch for long-term liabilities".

10-18-2011 , 11:08 AM

#5359

General Tsao

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Quote:

Originally Posted by Omar Comin

Thought you were an anarchist?

correct

10-18-2011 , 11:34 AM

#5360

Fermion5

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Quote:

Originally Posted by clowntable

Those journalists at the RP press conference for his plan didn't ask the greatest questions in the world (kinda hard to hear them in the video posted but that's assuming from the answers).

The one question that would be interesting is "how exactly would you phase out a government agency, pick one and explain the process". Now I haven't read the plan yet, just the cliffnotes but I don't think just closing the doors and fireing everyone on the spot is the way to go. It's the phaseout process I'm interested in.

Along the same lines I'd also like to see a question along the lines of "please explain the process of reintegrating military personal once all wars are ended, how do you think it would impact jobs markets etc., what criteria will you use to determine who will be picked to defend the country and who will be phased out of the military"

I think he should have a well prepared and debate ready phaseout plan for the next debate i.e. be able to explain phasing out one agancy in 90 seconds in simple terms.

he does mention in the press conference that one way is to just not replace employees that retire. And he mentions some dept functions going to other departments or back to the states, I think... maybe I'm off on that one.

10-18-2011 , 11:35 AM

#5361

Fermion5

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Video: Ron Paul discussing Restoring America Plan on CNBC 10/18/11

Video: Ron Paul discussing Restoring America Plan on CNN 10/28/11

Last edited by Fermion5; 10-18-2011 at 11:40 AM.

10-18-2011 , 11:55 AM

#5362

leavesofliberty

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Quote:

Originally Posted by clowntable

Why did Paul release his plan now and not before the first debate? Wouldn't it have been easier to have the plan as a reference point during the debates?

the debates were just the opening moves, and were of little consequence. Perry errored in bringing the queen out before its prowess could ripen (his economic plan), and was hampered to protect it or abandon it, which hurt him. now that the opposition has settled on their courses of action, RP's queen is ready to play a larger (though still subserviant) role in promoting liberty and his campaign.

10-18-2011 , 12:00 PM

#5363

suzzer99

Save the Cheerleader, Save the World

Join Date: Nov 2005 Posts: 100,195

Quote:

Originally Posted by LirvA

isnt it 14 trillion?

Yeah my bad.

10-18-2011 , 02:36 PM

#5364

VayaConDios

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I didn't see anything in RP's plan about cutting income taxes. Must have been an oversight.

10-18-2011 , 02:41 PM

#5365

Zygote

Pooh-Bah

Join Date: Jan 2005 Posts: 5,740

Quote:

Originally Posted by VayaConDios

I didn't see anything in RP's plan about cutting income taxes. Must have been an oversight.

he said he will work towards eliminating the personal income tax entirely.

10-18-2011 , 02:41 PM

#5366

Scary_Tiger

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Quote:

Originally Posted by VayaConDios

I didn't see anything in RP's plan about cutting income taxes. Must have been an oversight.

Deficits call for spending cuts or tax increases.

10-18-2011 , 02:44 PM

#5367

VayaConDios

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Quote:

Originally Posted by Zygote

he said he will work towards eliminating the personal income tax entirely.

Quote:

Originally Posted by Scary_Tiger

Deficits call for spending cuts or tax increases.

He was pretty specific about immediately cutting the corporate income tax to 15%. If he can be specific about that, why can't he be specific about cutting the income tax?

10-18-2011 , 02:53 PM

#5368

Zygote

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Join Date: Jan 2005 Posts: 5,740

Quote:

Originally Posted by VayaConDios

He was pretty specific about immediately cutting the corporate income tax to 15%. If he can be specific about that, why can't he be specific about cutting the income tax?

he doesnt want to reform it. he wants eliminate it. thats what he's going to do. he said so. its a matter of whether you trust that he's a man of his word.

10-18-2011 , 03:06 PM

#5369

Scary_Tiger

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Quote:

Originally Posted by VayaConDios

He was pretty specific about immediately cutting the corporate income tax to 15%. If he can be specific about that, why can't he be specific about cutting the income tax?

Cutting the corporate income tax is very popular on the GOP side. I think the justification is that it's a double tax, and that more jobs would come to America with it smaller.

Obviously it's tough to choose who to steal from, and Paul views any reduction in theft as a good reduction in theft.

10-18-2011 , 04:47 PM

#5370

Fermion5

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Ron Paul on The Sean Hannity Radio Show - 10/18/11

10-18-2011 , 05:17 PM

#5371

General Tsao

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Quote:

Originally Posted by Scary_Tiger

shouldn't be that tough. better to steal from millionaires than from the middle class.

10-18-2011 , 05:24 PM

#5372

zan nen

temp-banned

Join Date: Mar 2007 Posts: 4,377

Cavuto interview when they had "Ron Paul's Targets" and did those overhead maps of Dept. of Education et al. in the style of showing Iranian nuclear sites or such was awesome.

10-18-2011 , 06:07 PM

#5373

bgomez89

adept

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http://www.blackthisout.com/rally.php

Quote:

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