General Discussion

soandso

(1,631 posts)

30. Get rid of FERNs for currency and print US notes

Sat Dec 7, 2024, 02:58 AM

Dec 2024

Pass a balanced budget amendment. Pay off the existing debt and no more new debt sold with interest paid on it. Interest free US notes. The current debt is over 36 trillion, with interest paid (to date, this year) over one trillion. That is not sustainable.

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I think the Federal budget is indeed bloated and needs to be slashed. [View all] WarGamer Dec 2024 OP

+1. Should have done this under Obama or Biden, rather than waiting for trump. One quibble, Medicare doesn't pay Silent Type Dec 2024 #1

Everything you say is correct FakeNoose Dec 2024 #2

That is a luddite view of the world. drray23 Dec 2024 #3

Yes, that animal is made up. maxsolomon Dec 2024 #6

Think he was reaching for "marmot" dpibel Dec 2024 #27

Start with oil, gas, and coal subsidies. The rest is debatable. nt eppur_se_muova Dec 2024 #4

DU's mortal enemy, the hated New York Times, once had a "you cut the budget" feature maxsolomon Dec 2024 #5

How about taxing these billionaires who can give tens of millions of dollars to politicians... appmanga Dec 2024 #7

What appmanga said. Kid Berwyn Dec 2024 #47

Lift the kacekwl Dec 2024 #8

This. Really, kids, it's not rocket science. Scrivener7 Dec 2024 #37

The cost of debt is not changed by minting a coin - of any value karynnj Dec 2024 #9

The debt has to be eliminated... WarGamer Dec 2024 #18

The debt does not have to be eliminated karynnj Dec 2024 #24

that's right... and a risk. WarGamer Dec 2024 #25

Don't renew the tax cuts for the wealthy to raise more income karynnj Dec 2024 #44

Not a single "vulnerable person" is hurt by cutting the Pentagon budget by 50% WarGamer Dec 2024 #45

However that is not what they are speaking of cutting. karynnj Dec 2024 #46

Get rid of FERNs for currency and print US notes soandso Dec 2024 #30

Putin and Xi would love your plan to disarm our military. BannonsLiver Dec 2024 #10

At 50% of our current spending we'd still be the world's greatest military. WarGamer Dec 2024 #16

We seem to be "protector or Daddy" for Israel, Ukraine, and Taiwan among others HereForTheParty Dec 2024 #11

The OP is for isolationism BannonsLiver Dec 2024 #12

Cutting a bloated military budget is isolationism? dpibel Dec 2024 #28

No that's the disarmament part. BannonsLiver Dec 2024 #41

That sort of logic is a carbon copy of Neocon dogma from the late 90's and early 00's... WarGamer Dec 2024 #43

It's not isolationism soandso Dec 2024 #31

So you don't agree with the majority of Democrats that support Ukraine. BannonsLiver Dec 2024 #40

there you go again... painting people into a corner WarGamer Dec 2024 #42

I don't care what any majority thinks soandso Dec 2024 #48

Let's keep the money for the spotted marmet. Passages Dec 2024 #13

That might not have been the best example soandso Dec 2024 #32

My response was more tongue and cheek. What I do believe the American people Passages Dec 2024 #39

Agreed :) soandso Dec 2024 #49

how much did repukes waste on bullshi wars Skittles Dec 2024 #14

I was anti_iraq war from the start. WarGamer Dec 2024 #15

neither war accomplished a fucking thing Skittles Dec 2024 #20

War IS a racket. WarGamer Dec 2024 #22

We could (end poverty), but you know very well we won't. harumph Dec 2024 #23

That's some pretty ignorant gibberish. thebigidea Dec 2024 #17

instead of insulting it... use your words and tell me why WarGamer Dec 2024 #19

THANK YOU Skittles Dec 2024 #21

Yep. Not a clue. Scrivener7 Dec 2024 #36

What do you have against the spotted Marmet ... VMA131Marine Dec 2024 #26

OMG, look at that! soandso Dec 2024 #33

The problem with cutting spending lapfog_1 Dec 2024 #29

That's ONE side of the ledger. The OTHER side is .... Martin Eden Dec 2024 #34

I guarantee it will be ten times worse when they're done. It always is. Scrivener7 Dec 2024 #35

Scientific research project funding is minuscule. Voltaire2 Dec 2024 #38