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dkf

(37,305 posts)

15. The government. Our government.

Reply to Skidmore (Reply #14)

Mon Sep 10, 2012, 11:53 AM

Sep 2012

This is the present value of savings needed to pay for all the stuff as promised now. Paying back the debt, interest on debt, pensions, health care, social security, etc. And this is only Federal obligations, not counting state pensions or debt.

This is why most who see the numbers know the promised entitlements are going to be scaled back. You might as well believe in the tooth fairy I figure.

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Highlight:

"And he told me that Romney scares the **** out of him so he's voting for the President..." [View all] Skidmore Sep 2012 OP

I absolutely LOVE to hear about republicans that are now going to vote for Obama! Tx4obama Sep 2012 #1

Yeah, but really... MrMickeysMom Sep 2012 #7

May their numbers become legion. sarge43 Sep 2012 #2

This is why I hoped Romney would be the Republican candidate, so the debate tclambert Sep 2012 #3

Rmoney is clueless SmittynMo Sep 2012 #4

I agree. Everyone can see except the media which keeps promoting Skidmore Sep 2012 #5

There might indeed be a landslide..... AverageJoe90 Sep 2012 #16

I err on the side of caution.... mojo2012 Sep 2012 #6

David Walker just showed the numbers...our promised obligations are $70 Trillion. dkf Sep 2012 #8

"a range of non-partisan fiscal reforms" ?? HereSince1628 Sep 2012 #10

You know, I'd wring my hands in angst if I didn't also recognize that Skidmore Sep 2012 #11

The entire value of all the world's stock markets is $57 trillion. dkf Sep 2012 #13

And who is "they" exactly? Skidmore Sep 2012 #14

The government. Our government. dkf Sep 2012 #15

Close? Well at any rate TBF Sep 2012 #9

I think the RNC & DNC conventions showed the country the difference between crazy and sane. Dawgs Sep 2012 #12

He scares the **** out of me, too jsmirman Sep 2012 #17