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Who Will You Blame?


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2017 Feb 26, 10:17pm   4,587 views  11 comments

by deepcgi   ➕follow (0)   💰tip   ignore  

There is no knowing what event will trigger it, but the big debt hemoglobin hot tub is a sure thing now.

Who will you be blaming? After 16 straight years of blaming George W. for every bit of bad news, will you have the nerve to blame President Trump for the Big One? He's one of the big abusers to be sure, but so are you.

This debt disaster goes all the way back to President Johnson, but if I had to pick a number of decades, I would say the piling on began in earnest 30 years ago.

The well-to-do deserve no bail outs. They should blame themselves. The poor certainly will know who to point the pitchforks at. Neither right nor left is guiltless. No amount of screaming and pointing will bring absolution.

Too many of the world's most powerful and wealthy collect payments on the debt's interest. No one will be forgiving or forgetting debts this huge without massive loss of life.

Just getting it on the record.

Comments 1 - 11 of 11        Search these comments

1   deepcgi   2018 May 9, 11:51pm  

How is all this worldwide debt meaningless if the world's balance sheets and collateralized debt all depend on interest payments?
Both parties to blame, everywhere in the first world.

https://www.theguardian.com/business/2018/apr/18/global-debt-now-worse-than-before-financial-crisis-says-imf
2   anotheraccount   2018 May 9, 11:56pm  

deepcgi says
Both parties to blame, everywhere in the first world.


I used to think that way too. Now after Trump's tax cuts and increased spending, I think the Republicans are worse.
3   steverbeaver   2018 May 10, 12:47am  

Charity at the hands of the government has largely been a mistake.
4   bob2356   2018 May 10, 3:57am  

anotheraccount says
I think the Republicans are worse.


Republicans are strongly in favor of balanced budgets and believe that deficits/debt are the ruin of the country. When they are out of power.
5   Y   2018 May 10, 6:29am  

whoever is in power takes the heat.
they all claim they will bring the country together, then do nothing to promote it.
6   🎂 Tenpoundbass   2018 May 10, 6:36am  

Yup current President gets the wrap. That is why Trump is free wheeling shitting on disastrous shit the last fucking morons did under the guise of intelligent Presidents.

Trump is the adult in charge. We don't blame Obama or Bush for Trump's failure to react to what is happening now and fix the crises in real time as they happen.
All Obama did is let Rome burn while saying. "Fuck it, I didn't strike the match!"

Sit your asses down and watch a President at work.
7   MisdemeanorRebel   2018 May 10, 2:24pm  

The Debt problem is greatly exaggerated; most of the debt is owed to ourselves.

The Debt is just an excuse for the opposition on any issue to oppose something.

"We can't afford another war because Debt! (but we need to have $500/month national child care voucher for all working women)"
"We can't afford $500/month national child care vouchers because Debt! (but we can afford another war)"
8   MisdemeanorRebel   2018 May 10, 2:26pm  

Feux Follets says
Does this very key important last point also apply to Potus, his family, and his administration ?


So you agree that Trump is personally responsible for North Korean breakthrough?
9   bob2356   2018 May 10, 3:02pm  

WarrenTheApe says


That and the federal government is sitting on a guestimated $128+ TRILLION in assets
TwoScoopsOfDragonEnergy says


The Debt problem is greatly exaggerated; most of the debt is owed to ourselves.


Just too goddam funny. The same people who spent 8 years screaming about Obama debt now say there is no debt problem. You really and truly can't make this shit up.
10   FortWayne   2018 May 10, 3:08pm  

Blame doesn’t matter, only solutions matter.
11   bob2356   2018 May 10, 9:10pm  

FortWayne says
Blame doesn’t matter, only solutions matter.


Solutions like cutting taxes resulting in trillions more debt. Perfect.

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