Fair Tax

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Reality: The U.S. is not like you or me. The U.S. government has the power to tax the largest economy in the world, the power to print money and has an infinite life expectancy. All of these factors mean the federal government can incur large amounts of debt.
Myth #2: We have to pay back all of the $5.6 trillion in debt
Reality: The U.S. can simply "roll over" its debt year after year. That is, the Treasury Dept. issues new bonds to pay off the old ones. This is not a problem as long as investors are willing to hold U.S. Treasury bonds. U.S. Treasury bonds are very popular due to their liquidity (they are easily converted to cash), their low risk (they have zero default risk because they are backed by "the full faith and credit" of the U.S. government), and certain tax advantages.
Myth #3: The interest payments on the national debt are a burden to future generations.
Reality: U.S. citizens or even agencies of the U.S. government own most of the debt. Thus we are just paying interest to ourselves.
Myth #4: Foreign ownership of the debt causes money to flow out of the U.S.
Reality: Foreign interests own only about 15% of the debt, and this proportion has remained virtually unchanged since 1980. They typically reinvest their interest payments in the U.S.
Myth #5: The national debt is out of control.
Reality: The true measure of the debt of a nation is the ratio of that debt to the size of the economy. The debt-to-GDP ratio for the U.S. is relatively modest compared (1) to other nations and (2) historically.

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:lol: :lol: :lol:

Biff_Pocoroba is a comic genius! :lol:

Best trolling I've ever seen. Fortunately, nobody's really stupid enough to believe that.

James

I think growing up is realizing people are eternally wrong. Like the flat tax, you communist progressive liberal hippy facists. The best way to deal with this reality is to constantly amuse yourself at their expense. Goddamn Hippies, the 60's idealism is dead.

I think plato wrote about that

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Originally Posted by buttcheeks

Gozen, me, you, mars, hell even most of this board have taken college speech and various writing classes. I'm not going to get in an argument over this because I know you know that snippy remarks and cussing is bad form when trying to make a sound argument.

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It's bad form maybe, but it's still true that a point stays the same whether you call a person an ass after you make it. Some people get hung up on insults and so if you want to discuss something with those people it's best to avoid them, but at the same time if you're aware of the fact that points don't necessarily change simply because sass might be attached then you should be able to look past them.

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Originally Posted by rezo

It's bad form maybe, but it's still true that a point stays the same whether you call a person an ass after you make it.

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yeah I know. its a falacy of logic to assume that the quality of the person can change a fact. A fact is a fact regardless of who says it, why he says it, or how he says it.

But having said that, as people we still tend to ignore those who get emotional and bitter when they make an argument. Take yoshie for example. Does anyone take any of his political opinions seriously at this point?

It's just like the argument people used to make about my bad grammar. Yes the truth is the truth, facts are facts, but if you carey yourself poorly no one will stop to hear them.

but whatever, this is a message board. He cares probably just about as much about how he looks as I do. I'm not going to correct my grammar and he won't tone down the cuss words and insults.

the orginal comment was said in passing and wasn't intended to grow into an epic debate. I just think using those words are a tad silly, but this is TNL, and we are all a bit silly.

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Originally Posted by buttcheeks

Does anyone take any of his political opinions seriously at this point?

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More than yours. So that shoots down that theory right there.

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Originally Posted by buttcheeks

the orginal comment was said in passing and wasn't intended to grow into an epic debate. I just think using those words are a tad silly, but this is TNL, and we are all a bit silly.

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The original comment was no one cares if those words make you feel all squishy in your pants. Someone who doesn't have a ban hanging over their head should tell you to just shut up.

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Originally Posted by James

Fortunately, nobody's really stupid enough to believe that.

James

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:cry:

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Originally Posted by Brett

I have a big dick according to the last three girls I've fucked.

Just wanted to share.

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Even a tiny cock would seem huge to a 5 year old.

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Originally Posted by ChaoofNee

If it were a fair tax, it would only apply to people with large cocks.

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Chao just admitted he's packing a small weiner!!!

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Originally Posted by Andrew

A clever pun.

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Thanks, but it was totally inadvertent, dude.

Of course i didn't write that, you thought I did?

Hence the go to college remark.

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Originally Posted by Dole

Even a tiny cock would seem huge to a 5 year old.

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So what you're saying is, I should tell my friends with small dicks to fuck children?

I can live with that.