General Discussion

WarGamer

(15,917 posts)

18. The debt has to be eliminated...

Fri Dec 6, 2024, 03:55 PM

Dec 6

And take a good look at the interest being earned off of US Treasuries... much of it goes to billionaires and foreign countries who are parking vast sums in the US.

Mint the $1T coin and pay off debt.

Stop new bonds auctions.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

49 replies

= new reply since forum marked as read

Highlight:

I think the Federal budget is indeed bloated and needs to be slashed. [View all] WarGamer Dec 6 OP

+1. Should have done this under Obama or Biden, rather than waiting for trump. One quibble, Medicare doesn't pay Silent Type Dec 6 #1

Everything you say is correct FakeNoose Dec 6 #2

That is a luddite view of the world. drray23 Dec 6 #3

Yes, that animal is made up. maxsolomon Dec 6 #6

Think he was reaching for "marmot" dpibel Dec 7 #27

Start with oil, gas, and coal subsidies. The rest is debatable. nt eppur_se_muova Dec 6 #4

DU's mortal enemy, the hated New York Times, once had a "you cut the budget" feature maxsolomon Dec 6 #5

How about taxing these billionaires who can give tens of millions of dollars to politicians... appmanga Dec 6 #7

What appmanga said. Kid Berwyn Dec 7 #47

Lift the kacekwl Dec 6 #8

This. Really, kids, it's not rocket science. Scrivener7 Dec 7 #37

The cost of debt is not changed by minting a coin - of any value karynnj Dec 6 #9

The debt has to be eliminated... WarGamer Dec 6 #18

The debt does not have to be eliminated karynnj Dec 7 #24

that's right... and a risk. WarGamer Dec 7 #25

Don't renew the tax cuts for the wealthy to raise more income karynnj Dec 7 #44

Not a single "vulnerable person" is hurt by cutting the Pentagon budget by 50% WarGamer Dec 7 #45

However that is not what they are speaking of cutting. karynnj Dec 7 #46

Get rid of FERNs for currency and print US notes soandso Dec 7 #30

Putin and Xi would love your plan to disarm our military. BannonsLiver Dec 6 #10

At 50% of our current spending we'd still be the world's greatest military. WarGamer Dec 6 #16

We seem to be "protector or Daddy" for Israel, Ukraine, and Taiwan among others HereForTheParty Dec 6 #11

The OP is for isolationism BannonsLiver Dec 6 #12

Cutting a bloated military budget is isolationism? dpibel Dec 7 #28

No that's the disarmament part. BannonsLiver Dec 7 #41

That sort of logic is a carbon copy of Neocon dogma from the late 90's and early 00's... WarGamer Dec 7 #43

It's not isolationism soandso Dec 7 #31

So you don't agree with the majority of Democrats that support Ukraine. BannonsLiver Dec 7 #40

there you go again... painting people into a corner WarGamer Dec 7 #42

I don't care what any majority thinks soandso Dec 7 #48

Let's keep the money for the spotted marmet. Passages Dec 6 #13

That might not have been the best example soandso Dec 7 #32

My response was more tongue and cheek. What I do believe the American people Passages Dec 7 #39

Agreed :) soandso Dec 7 #49

how much did repukes waste on bullshi wars Skittles Dec 6 #14

I was anti_iraq war from the start. WarGamer Dec 6 #15

neither war accomplished a fucking thing Skittles Dec 6 #20

War IS a racket. WarGamer Dec 6 #22

We could (end poverty), but you know very well we won't. harumph Dec 6 #23

That's some pretty ignorant gibberish. thebigidea Dec 6 #17

instead of insulting it... use your words and tell me why WarGamer Dec 6 #19

THANK YOU Skittles Dec 6 #21

Yep. Not a clue. Scrivener7 Dec 7 #36

What do you have against the spotted Marmet ... VMA131Marine Dec 7 #26

OMG, look at that! soandso Dec 7 #33

The problem with cutting spending lapfog_1 Dec 7 #29

That's ONE side of the ledger. The OTHER side is .... Martin Eden Dec 7 #34

I guarantee it will be ten times worse when they're done. It always is. Scrivener7 Dec 7 #35

Scientific research project funding is minuscule. Voltaire2 Dec 7 #38