U.s about to default on their debt?

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Postby laza » Mon Jul 25, 2011 6:18 am

Emerald Red wrote:I love the way Americans blame their presidents and politicians. Well, who voted for them?

Oh well that's price of war and bailing out greedy rich after the GFC. Hopefully Haliburton still making a profit though, got to get your priorities right
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Postby Kenny Kan » Mon Jul 25, 2011 7:51 am

ethanr wrote:
Emerald Red wrote:
ethanr wrote:I guess I should learn how to speak Chinese... I wonder if they will just combine the national teams or will we still be our own country? The United States of China maybe?  :p

Mr. Obama has done a "fantastic" job.  Thank God for all his "hope"  All this "hope" has really gotten us far.  I'm so full of "hope" that I'm "hoping" I won't end up as a slave for a Chinese prostitute company.  Obama has done nothing for this country.  They say Bush put things off, but oh my goodness... Obama it's been a couple years now and I'll you've done is set up a health care plan that hurts everybody in society that actually works for a living.. And it was full of stupid little clauses that hurt small businesses like crazy.  I thought helping huge companies was more of a Republican thing, and yet small businesses has been killed by the Democrats and big businesses have benefited from the stupid extra expenses small businesses have to deal with.


Good job Obama... I agree, we should put your picture on paper money.  I love how he will be remember for being the first black president, not for the fact that he managed to get this country in even worse shape than it was.

I love the way Americans blame their presidents and politicians. Well, who voted for them?

I sure as feck didn't! 

But who voted for Sepp Blatter? Oh wait...  Who the hell is going to vote for McCain when he comes hand in hand with Sarah Palin? 


Obama's not doing what he promised he would do so as I see it we have every right to be angry with him.

And by the way... We aren't the only ones who blame our politicians...

Thing is though ethnar Obama hasn't been president that long a country the size of America's magnitude in terms of economics and politics means IMO that he'd need at least a decade in seat to reap the rewards from it. And you probably won't see any of his benefits come to fruition until your next president is elected.

BTW, what has he done with the health care exactly?
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Postby Boocity » Mon Jul 25, 2011 8:27 am

hasn't he made healthcare more accessable to the majority and not just those who can afford the huge insurance bills.

In my opinion, everyone should be entiled to healthcare no matter how much money you have, everyone slags off the UK NHS but in my opinion its second to none. Take it from someone who no longer lives in the UK, once you realise its not there then you realise how much you miss it.
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Postby Kenny Kan » Mon Jul 25, 2011 8:38 am

Boocity wrote:hasn't he made healthcare more accessable to the majority and not just those who can afford the huge insurance bills.

In my opinion, everyone should be entiled to healthcare no matter how much money you have, everyone slags off the UK NHS but in my opinion its second to none. Take it from someone who no longer lives in the UK, once you realise its not there then you realise how much you miss it.

Problem is Boo the Yanks have a real phobia about ''Communism'' and even though the welfare system of the NHS etc isn't Commie it's Socialism.

Problem is, the Yanks don't know the difference between Communism and Socialism and they think it's USSR's ideal, hence they can't/won't get their heads around it.

Basically:

Communism = Owned by the state, run by the state
Socialism = Owned by the state, run by the people.
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Postby ethanr » Mon Jul 25, 2011 9:27 am

Kenny Kan wrote:
ethanr wrote:
Emerald Red wrote:
ethanr wrote:I guess I should learn how to speak Chinese... I wonder if they will just combine the national teams or will we still be our own country? The United States of China maybe?  :p

Mr. Obama has done a "fantastic" job.  Thank God for all his "hope"  All this "hope" has really gotten us far.  I'm so full of "hope" that I'm "hoping" I won't end up as a slave for a Chinese prostitute company.  Obama has done nothing for this country.  They say Bush put things off, but oh my goodness... Obama it's been a couple years now and I'll you've done is set up a health care plan that hurts everybody in society that actually works for a living.. And it was full of stupid little clauses that hurt small businesses like crazy.  I thought helping huge companies was more of a Republican thing, and yet small businesses has been killed by the Democrats and big businesses have benefited from the stupid extra expenses small businesses have to deal with.


Good job Obama... I agree, we should put your picture on paper money.  I love how he will be remember for being the first black president, not for the fact that he managed to get this country in even worse shape than it was.

I love the way Americans blame their presidents and politicians. Well, who voted for them?

I sure as feck didn't! 

But who voted for Sepp Blatter? Oh wait...  Who the hell is going to vote for McCain when he comes hand in hand with Sarah Palin? 


Obama's not doing what he promised he would do so as I see it we have every right to be angry with him.

And by the way... We aren't the only ones who blame our politicians...

Thing is though ethnar Obama hasn't been president that long a country the size of America's magnitude in terms of economics and politics means IMO that he'd need at least a decade in seat to reap the rewards from it. And you probably won't see any of his benefits come to fruition until your next president is elected.

BTW, what has he done with the health care exactly?

Ya Kenny I can see where your getting at, but I'm not exactly speaking of long-term things.  He spoke of changes he would make while he was president, that would happen while he was president.  His term is more than half over now and he's done none of them.

Also I won't disagree with your comment on Socialism and Communism... There's too much pride running that the government wants to distance itself from anything remotely like what we have avoided in the past.


Also the health care has basically made it so people who can't afford to have health care (homeless people or people who basically don't want to pay for health and life insurance) will get their health care paid for.  It makes no sense because people who have health insurance end up getting less coverage than those without it. 

The reason I am against it at all isn't because I don't think homeless people shouldn't get cared for, but it's the way America works as a whole.  Instead, all the citizens who really can't afford to be paying anymore than they already are (95% of the nation?) have to pay a lot more for this health care to work.  Now doctors here, unlike England and Canada where healthcare systems have worked brilliantly, make a sh!tload of money.  A sh!tload.  The healthcare bill helps them because they basically have more customers now willing to pay ridiculous amounts for health care. 

It works in England and Canada because doctors aren't allowed to continue to be so greedy.  Doctors here aren't willing to do a 2 hour surgery unless they get paid the $50,000 for it (Although they only get to pocket 25....)  That's why a universal healthcare will never work in the US.. It just hurts too many people.

Secondly, what congress does and what Obama agrees with congress doing is making the healthcare bill do more things than just healthcare.  We were so desperate to pass a healthcare bill that congress literally put hundreds of other little bills in the healthcare bill so that they would all pass.  America wanted the healthcare bill to pass, and the government took advantage of it.  For instance, they put in a bill where small businesses have to file certain tax forms for every single company they are affiliated with, and those forms cost money to file... Money the government gets.  So my family's business buys supplies from maybe 100 different companies in a year.  Before, you had to spend over $500 I believe to have to work out tax forms between the 2 companies.  Well before, we maybe had 15 or 20 of those companies qualify for tax forms.  Now we have 5 times as many, and each set of tax forms not only costs us, but it takes a lot of time.

What the hell does that have to do with healthcare? Nothing.  They literally slipped in hundreds of these little bull bills that kill our economy, but make it easier for them to collect money.  The healthcare bill was so big that everybody just focused on that.. When you have the healthcare bill that takes so long to put together, you don't want it voted down.  So all that little bull :censored: that costs each family thousands of dollars a year gets passed with it.

It's absolute bullsh!t
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Postby Kenny Kan » Mon Jul 25, 2011 12:18 pm

Also the health care has basically made it so people who can't afford to have health care (homeless people or people who basically don't want to pay for health and life insurance) will get their health care paid for.  It makes no sense because people who have health insurance end up getting less coverage than those without it.


Well, considering I was brought up in a socialist capitalist democracy I think it's fair and equitable to have a health service that supports the low socio-economic demographic. The American one as it stands, I don't like, it's for the rich, or be it middle class people who can afford it, it is stratospheric-ally employed for the 'haves and have-not's' in society. Right I'll take my Robin Hood cap off now. If Obama continues, with what seems a welfare state (being a Black Man especially I can see why he is doing this, as let's be fair Black folk (majority) have been marginalised in years gone by, by this stratospherical system (white hill billies too mind :D ), the people with health care policies should still be able to go ''private'' and jump the cue per say if they wanted to. But on a level where millions simply can't afford 'private health' cover; then the system takes up the slack and rightly so IMO.

As for the 'bills' thrown in under the healthcare system, well yes that sounds like a load of dodgy bollox to me, but that's what politicians do and the US has to find a viable way to help pay down its debts.
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Postby Boocity » Mon Jul 25, 2011 12:41 pm

Kenny Kan wrote:
Also the health care has basically made it so people who can't afford to have health care (homeless people or people who basically don't want to pay for health and life insurance) will get their health care paid for.  It makes no sense because people who have health insurance end up getting less coverage than those without it.


Well, considering I was brought up in a socialist capitalist democracy I think it's fair and equitable to have a health service that supports the low socio-economic demographic. The American one as it stands, I don't like, it's for the rich, or be it middle class people who can afford it, it is stratospheric-ally employed for the 'haves and have-not's' in society. Right I'll take my Robin Hood cap off now. If Obama continues, with what seems a welfare state (being a Black Man especially I can see why he is doing this, as let's be fair Black folk (majority) have been marginalised in years gone by, by this stratospherical system (white hill billies too mind :D ), the people with health care policies should still be able to go ''private'' and jump the cue per say if they wanted to. But on a level where millions simply can't afford 'private health' cover; then the system takes up the slack and rightly so IMO.

As for the 'bills' thrown in under the healthcare system, well yes that sounds like a load of dodgy bollox to me, but that's what politicians do and the US has to find a viable way to help pay down its debts.

Agreed, you can't have a democratic society where healthcare is primarily for the have's but to have healthcare available to all and you want to pay extra to jump the queue, your choice.

The bills coming in under the radar are 'stealth taxes', we've had them for years.
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Postby Kash_Mountain » Mon Jul 25, 2011 4:06 pm

It is pretty scary to think that the USA will run out of money in just 8 days.............The whole is in debt i know, but i reckon this will have major impact for many years to come- bail the US out (not sure that there is much choice ?), the whole world has to pay, create more debt, then what!!!
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Postby metalhead » Mon Jul 25, 2011 6:22 pm

Kash_Mountain wrote:It is pretty scary to think that the USA will run out of money in just 8 days.............The whole is in debt i know, but i reckon this will have major impact for many years to come- bail the US out (not sure that there is much choice ?), the whole world has to pay, create more debt, then what!!!

They won't run out of money, too many huge corporations that the US government rely on will bail them out. The U.S is run by corporations.
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Postby ethanr » Mon Jul 25, 2011 6:24 pm

Kenny Kan wrote:
Also the health care has basically made it so people who can't afford to have health care (homeless people or people who basically don't want to pay for health and life insurance) will get their health care paid for.  It makes no sense because people who have health insurance end up getting less coverage than those without it.


Well, considering I was brought up in a socialist capitalist democracy I think it's fair and equitable to have a health service that supports the low socio-economic demographic. The American one as it stands, I don't like, it's for the rich, or be it middle class people who can afford it, it is stratospheric-ally employed for the 'haves and have-not's' in society. Right I'll take my Robin Hood cap off now. If Obama continues, with what seems a welfare state (being a Black Man especially I can see why he is doing this, as let's be fair Black folk (majority) have been marginalised in years gone by, by this stratospherical system (white hill billies too mind :D ), the people with health care policies should still be able to go ''private'' and jump the cue per say if they wanted to. But on a level where millions simply can't afford 'private health' cover; then the system takes up the slack and rightly so IMO.

As for the 'bills' thrown in under the healthcare system, well yes that sounds like a load of dodgy bollox to me, but that's what politicians do and the US has to find a viable way to help pay down its debts.

And to tell you the truth I have no problem paying a little extra so everybody can have healthcare.  The problem is we end up paying thousands extra, then when people people who have life insurance get hurt and their healthcare doens't cover the whole expense (it never does) they often go into debts of hundreds of thousands of dollars and are basically put into the ground.

To be honest, without the bills the plan wouldn't be all that bad.  It wouldn't be a bad bill if it didn't have all the little add-ons, but that's how the US government works.
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Postby Kash_Mountain » Mon Jul 25, 2011 8:26 pm

metalhead wrote:
Kash_Mountain wrote:It is pretty scary to think that the USA will run out of money in just 8 days.............The whole is in debt i know, but i reckon this will have major impact for many years to come- bail the US out (not sure that there is much choice ?), the whole world has to pay, create more debt, then what!!!

They won't run out of money, too many huge corporations that the US government rely on will bail them out. The U.S is run by corporations.

That' the thing though, the whole world is run by corporate' (or Bilderburgs or whatever they are called these days), however, this time, i don't think it will be that easy to bail them out. everyone (including the corporate') is in big time debt.

It' got to big time breaking point......(Nostradamus just told me ) :)
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Postby SupitsJonF » Tue Jul 26, 2011 4:05 pm

I absolutely cannot stand political parties.  The best person should always be elected, not miss out on votes due to being a republican or democrat.  Parties create blind and ignorant voting imo.  And I really dont blame Obama much, because had McCain been elected I think we would still be in all of the same problems we are in anyways.  It just seems like this is the way the times are at the moment, the president is just the face of the problem, and it wont be solved in a 4 year term.

I also dont expect things to get better soon, a politician can help fix the economy with some long run economics, but it makes things not so great in the short run, hence not being re-elected for a second term, and no one wansts to do political suicide, not even for the good of the country  :D
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Postby The Good Yank » Tue Jul 26, 2011 4:48 pm

SupitsJonF wrote:I absolutely cannot stand political parties.  The best person should always be elected, not miss out on votes due to being a republican or democrat.  Parties create blind and ignorant voting imo.  And I really dont blame Obama much, because had McCain been elected I think we would still be in all of the same problems we are in anyways.  It just seems like this is the way the times are at the moment, the president is just the face of the problem, and it wont be solved in a 4 year term.

I also dont expect things to get better soon, a politician can help fix the economy with some long run economics, but it makes things not so great in the short run, hence not being re-elected for a second term, and no one wansts to do political suicide, not even for the good of the country  :D

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Postby metalhead » Tue Jul 26, 2011 5:22 pm

I really don't blame Obama for this mess, if you want a person to blame its Bush for spending sh!t load of money and basically drying the US economy, unfortunately for Obama he took over Bush's mess
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Postby zarababe » Wed Jul 27, 2011 5:15 pm

neil wrote:they have till 2nd august to strike a deal mate, and they will.

.. at what cost?

This is way out of hand and no measures distort the fact that America is financially on the road to financial 'meltdown'. 

The repurcussions of any revised deal will impact on the world economy...

and China waits in the wings.. hows year cantonese ppl?
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