Digits wanted!

[SteamWake]

How about the nations that owe the US money...

Remember that silly 'lend lease' thing?

Lack of regulation certianly allowed the abuse to happen. What about those that encouraged.. hell even demanded that abuse?

[Skybird]

Originally Posted by SteamWake

How about the nations that owe the US money...

Remember that silly 'lend lease' thing?

Britain has payed back the last rate two or three years ago, and russia owns so much state bonds (second strongest holder behind China) that I would not dare to ask for that calculation.

Lack of regulation certainly allowed the abuse to happen. What about those that encouraged.. hell even demanded that abuse?

It was encouraged and fro0m top to down: demanded indeed. It was formed into a busines model, a product to be sold. And that exactly is what the lack of regulation made possible, and what future regulation needs to put under penalty. Becasue market regulates itself to allow best and fastest profit. Market does not regulate itself to be sensible to responsibilities for higher interests, or the interests of the community. To secure that protec tion - that is what regulation should be therefore. It sets a frame, within business should do busniess freely. It just should understand that "not anything goes". More than that, "regulation" should not mean and does not want. It is a safety against humans' flaws causing catastrophic failures, like you have speed limits on public roads. Even on many parts of German Autobahnen - where speeders and "Drängler" get sacked by the police even on parts where there is no speed limit. But closing in to the car in front of you until there is less than two meters distanc ebetween both cars, with a speed in excess of 180 km/h simply cannot be tolerated, period. Is that the tyranny of the state? Hardly.

[FIREWALL]

I never knew such a clock existed.

You learn something new everyday.

[Skybird]

Originally Posted by FIREWALL

I never knew such a clock existed.

You learn something new everyday.

http://www.brillig.com/debt_clock/

The spenders (Reagan, Bush senior, Bush junior) and the savers (Truman, Ike, Kennedy, Nixon, Carter, Clinton) :
http://zfacts.com/p/461.html

[GoldenRivet]

funny how the spenders oppose taxes to some degree

and the savers love to tax the **** out of us.

[SteamWake]

Carter, Clinton :rotfl: :rotfl: :rotfl:

Know what... I give up on Skybird, hes been into the cool aid there is no hope.

[Skybird]

If you can prove that graph is wrong, Steam Wake, then do so. Giving up on Skybird who has been into the cool aid instead - says nothing except that you have nothing to say on that graph, and shooting the messenger is no argument in itself for anything.

Oh, i forgot, this is GT forum - anything goes...

[Skybird]

Originally Posted by GoldenRivet

funny how the spenders oppose taxes to some degree

and the savers love to tax the **** out of us.

It's not funny, but somewhat logical. Three variables: spendings, income from taxes (private, trade), income from borrowing money. these three in principle determine wether you increase or decrease the debts. Military spendings due to their absolutely insane level, play a special role here, of course.

[Letum]

Thats some extreme symbolism there.