Posted by docmirror on March 20, 2018 at 17:43:30 from (107.213.165.255):
In Reply to: $21 Trillion in debt posted by Hay hay hay on March 20, 2018 at 14:47:28:
Selling assets that belong to the PEOPLE(land) to pay debts is ridiculous. The concept of govt owned land, being sold to private parties goes back to monarchy times, and before. That's what we fought to get rid of!
As for the debt, there's plenty of blame to go around. Most voters can't think beyond next month's rent payment. The idea of a govt default isn't even on the radar. Until it is. We - will - default. Projections at this point are around 2033, or if things continue to get worse, 2028-ish. Short answer - we've got 10-15 years to solve our debt that has been growing for more than 40 years.
Salad days for those who are spending today, is going to be penury for our kids. They should be rising up in indignation and cutting us old folks off now.
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Today's Featured Article - My Ford Golden Jubilee - by Troy Estes. This article is about my '53 Ford Jubilee and a story that starts with taking the tractor to my brother's Starter/Alternator Rebuilding shop for a wiring fix. The generator was shot as well as all the wiring. I dropped off the tractor expecting a transformation from a 6 volt to a 12 volt system utilizing the original generator housing, and a total rewiring of the whole tractor. The front end center pin bushing was worn also so I ask that they replace it if they had time. Well, that’s wha
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