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What could we do with our national debt?

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  • #1

    What could we do with our national debt?

    Every single existing mortgage in the US could be paid off with 3 trillion to spare. Not a single mortgage in the country would have a balance.

    Just consider that.
    "When the people find that they can vote themselves money, that will herald the end of the republic." -Benjamin Franklin
    "A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury." -Alexander Fraser Tytler
    Tags: None
  • #2
    Just press the "Print" key...

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    • #3
      Only 3 trillion? I'm assuming that includes businesses as well then?
      How do we forget ourselves? How do we forget our minds?

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      • #4
        Hitting "Print" was pretty damned good...
        www.allforoneroofing.com

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        • #5
          Originally posted by CJ View Post
          Every single existing mortgage in the US could be paid off with 3 trillion to spare. Not a single mortgage in the country would have a balance.

          Just consider that.
          oh those renters would be pissed when they had to make a rent payment the first month after this happened.
          Fuck you. We're going to Costco.

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          • #6
            Here is a pretty good break down of outstanding mortgage debt in the USA.

            Mortgage Debt Outstanding, March 2020
            http://www.federalreserve.gov/econresdata/releases/mortoutstand/current.htm
            The Federal Reserve Board of Governors in Washington DC.
            Magnus, I am your father. You need to ask your mother about a man named Calvin Klein.

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            • #7
              Default . say screw it we aint payin

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              • #8
                tax the church
                pinto gt with wood trim

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                • #9
                  Originally posted by Grape View Post
                  tax the church
                  Tax the wealthy liberal business owners.
                  "When the people find that they can vote themselves money, that will herald the end of the republic." -Benjamin Franklin
                  "A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury." -Alexander Fraser Tytler

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                  • #10
                    $6 trillion the last 4 years+ no budget the last 4. If you don't stop spending, it won't matter.

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                    • #11
                      Originally posted by kbscobravert View Post
                      oh those renters would be pissed when they had to make a rent payment the first month after this happened.
                      "Whatchoo mean rent" This shit free foo! obama paid fo it!"

                      Originally posted by Grape View Post
                      tax the church
                      Agreed!

                      Originally posted by CJ View Post
                      Tax the wealthy liberal business owners.
                      They really should pay their fair share! At least those that aren't hiding their assets in off shore accounts and the various other tax shelters...
                      www.allforoneroofing.com

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                      • #12
                        So using the real debt number we'd have $72 trillion leftover.

                        Choooo$$$$$$ chooooo$$$$$$
                        Originally posted by davbrucas
                        I want to like Slow99 since people I know say he's a good guy, but just about everything he posts is condescending and passive aggressive.

                        Most people I talk to have nothing but good things to say about you, but you sure come across as a condescending prick. Do you have an inferiority complex you've attempted to overcome through overachievement? Or were you fondled as a child?

                        You and slow99 should date. You both have passive aggressiveness down pat.

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                        • #13
                          I'd be happy with nationalizing the federal reserve.
                          Full time ninja editor.

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                          • #14
                            Originally posted by CJ View Post
                            Tax the wealthy liberal business owners.
                            i pay my 39%, how much does your church pay? lol i paid my 36% the 8 years previous.
                            pinto gt with wood trim

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                            • #15
                              Originally posted by Grape View Post
                              i pay my 39%, how much does your church pay? lol i paid my 36% the 8 years previous.
                              Why do I get the feeling you didn't make the money you have? Where do churches get their money?
                              "When the people find that they can vote themselves money, that will herald the end of the republic." -Benjamin Franklin
                              "A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury." -Alexander Fraser Tytler

                              Comment

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