Government
Democratic Congressman: National Debt is a ‘Myth’
- Posted on October 7, 2010 at 9:13am by
Jonathon M. Seidl
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Rep. Phil Hare (D-IL):
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Comments (165)
adifftake
Posted on October 7, 2010 at 9:46amSorry I’m laughing to hard to comment.
Report Post »Autonomous_System
Posted on October 7, 2010 at 9:42amIf the debt is not real, Please Obama….Gimme and everyone else $5,000,000 of those Obama Bucks.
Report Post »matinva
Posted on October 7, 2010 at 9:40amThis is the same idiot who was videotaped stating he didn’t care about the Constitution. Go figure.
Report Post »Damage6
Posted on October 7, 2010 at 9:39amThis clown reminds me of the other dhimicrat a couple of weeks back (can‘t remember which they’re all starting to blend together in one giant clown calvalcade). He was saying that the current spending level is OK because we spent 110% of GDP in 1945. One major difference back then is we had almost all of the worlds heavy and light manufacturing capacity since the rest of the world’s factories were bombed flat. We also produced the lion share of the world’s energy and the rest of the world had no choice for decades but to purchase what durable goods they needed from us. That‘s what fueled the boom years of the 50’s and 60′s allowing us to pay down that debt. Now we’re bleeding what little manufacturing capacity we have left overseas and dependent on others for the greater portion of our energy. If we don’t get spending under control and do something meaningful to spur the growth of the manufacturing sector ASAP we are SCREWED. Period.
Report Post »Devil in Arkansas
Posted on October 7, 2010 at 11:43amAmen
Report Post »free2bme1961
Posted on October 7, 2010 at 9:34amThe debt is real,it just hasn’t been revealed yet where some of it came from…: ((
Report Post »charliego
Posted on October 7, 2010 at 9:32amSooooo—ignorance is bliss and denial solves problems. Hope he never teaches in our already assaulted schools-education system that has been overwhelmed by such attitudes and propaganda. I would not insult my children’s minds–with lies and half-truths. they need to know so they are fore warned and forearmed, not led down a path like mindless sheep. thank you
Report Post »charles48
Posted on October 7, 2010 at 9:32amprogressives live in this fairy tale land where animals speak to you and nothing is ever wrong while the rest of us live in reality. They must have good drugs over thier always high as a kite
Report Post »LadyIzShy
Posted on October 7, 2010 at 9:32amdoes anyone wonder what drugs some of these people do?
Report Post »Patriot
Posted on October 7, 2010 at 9:30amWow! He must have worked for the unions before he went to Washington. If this guy was any more detached from reality they would have been broadcasting that speech from the asylum. Oh yeah, wait, that’s where he was? The DC Asylum?
Report Post »wingedwolf
Posted on October 7, 2010 at 9:36amPATRIOT, It appears the inmates are running the asylum! LOL
Report Post »AMERICA4EVER
Posted on October 7, 2010 at 10:31amHe looks a little like Trumka.
Report Post »Steve
Posted on October 7, 2010 at 9:30amIs this the same guy who thought “Life, liberty, and the pursuit of happiness…” was part of the Constitution, and not the Declaration of Independence?
Report Post »egosumverum
Posted on October 7, 2010 at 9:34amHe‘s the one who said he wasn’t too concerned about the Constitution when asked where they got the Constitutional authority to “pass and implement” healthcare.
Report Post »Steve
Posted on October 7, 2010 at 9:37amYep!
Report Post »http://www.youtube.com/watch?v=lgh-q4t0kzM
CoFX
Posted on October 7, 2010 at 10:37amThanks guys, I forgot that was the same moron! These Dems all sound the same to me. Once the condescending tone kicks in at the end of thier first point, all I hear is the teacher from Charlie Brown – “whaaa wuh whaaa. wuh whaaa wuh” .
Report Post »CoFX
Posted on October 7, 2010 at 10:56amNow I remember where I’ve seen this guy before. He used to work for Inotech! http://optempo.com/2008/04/03/office-space-clip-tom-smykowski-interviews-with-the-bobs/
Report Post »(warning – adult language)
maxstout
Posted on October 7, 2010 at 9:29amHere’s a little item for thought:
A trillion is a thousand billion.
How many years are in a trillion seconds?
31,260 years!!
And we’re 13.5 trillion in debt?
November will send the ultimate message to DC:
STOP SPENDING – STOP SPENDING – STOP SPENDING!!!!!!!!!!!!!!!
Report Post »Steve
Posted on October 7, 2010 at 10:06am1,000,000,000,000 (one trillion) is equal to one million millions, or
1,000,000 x 1,000,000
That’s a lot!
Report Post »Freelancer
Posted on October 7, 2010 at 10:56amIf you stacked the $13.5 Trillion in just our national debt in $1 bills, it would reach a height of 810,000 miles.
Report Post »wingedwolf
Posted on October 7, 2010 at 9:29amThey aren’t keynesian or anything else. They want to collapse the system for their one-world-totalitarian governance under social/communist rule. I can understand that they think, being so “elite” that their lives will be just fine, it is only us, the unwashed and stupid, whose lives will take a downward spiral. But how do they thing they will care for their own families when they have run out of evil rich people’s money to spend on themselves? The system we have established has infinite possibilities, whereas they system they desire to create establishes a finite amount of money allowed to be made. What happens when that runs out? Look at Cuba, Spain, Greece, Old Russia and so on. That is what will happen here if these people are permitted to accomplish their objectives. And there will have to be rivers of our blood shed to take our country and freedoms back if we let them win now.
Report Post »tobywil2
Posted on October 7, 2010 at 3:22pmInflation – stealth taxation
Inflation is not a recent phenomenon. During the 19th Century the inflation rate in the United States was 12% for the entire Century. In 1800, $0.89 had the purchasing power of $1.00 in 1900, a change of about 12% in 100 years. From 1900 to 2007 the inflation rate was about 25 to 1, a change of 2500% in 107 years. A Google search lists over 20 pages of “inflation calculators” three of the most popular inflation calculators list the inflation rate of between 24.6 and27.71 from 1900 and 2007. In other words, $1.00 in 1900 was worth around $25.00 in 2007.
What happened? In the late 1800’s and early 1900’s four factors emerged that caused inflation to increase. These are:
• Creation of the “Fourth Branch of Government” the Bureaucracy
• Enacting and enforcing the Sherman Antitrust Act.
• Creation of the Federal Reserve
• Enacting the income tax
• Wars
How did these factors cause such erosion in the value of the dollar? Chapter 9 of “21st Century Common Sense” explains in simple terms how these factors produced inflation of the dollar and aided the “Wannabe Peers” in usurping our freedom. http://commonsense21c.com/
Report Post »tierrah
Posted on October 8, 2010 at 2:58amToby, just visited your site – it’s wonderful!!! I’ve never been overly bright when it comes to economics or the workings of the stock market; but your explanations are mostly simplistic, enabling me to grasp, for the first time in my life, an understanding. Thank you. I don’t have the money right now to purchase your book, but plan to add it to my “wish list” at amazon. It was a pleasure meeting you via your website!
Report Post »ed0315
Posted on October 7, 2010 at 9:29amDemocrap from Illinois what more needs to said? Who else came from Illinois?
Report Post »egosumverum
Posted on October 7, 2010 at 9:29amWhat?/?/?/?/?///?/////???///????? I hate to admit this, but I am laughing so hard that my eyes are watering. This person has proven himself to be too stupid to hold any office. Please catch him in a net, put him in a straight jacket, and lock him in a rubber room forever.
Report Post »Freelancer
Posted on October 7, 2010 at 9:34amThe rubber rooms are all full of teachers that can’t be fired because of union rules….
Report Post »Ricky Bobby
Posted on October 7, 2010 at 9:28amBrilliant !
Report Post »jowolo
Posted on October 7, 2010 at 9:27amfirst thing that comes to mind…IMBECILE…….as are most demonicrats
Report Post »walkwithme1966
Posted on October 10, 2010 at 9:17pmNot good to make sweeping generalizations about all democrats/liberals/progressives – we do not all think the same way – and I resent this website doing that all the time. http://wp.me/pYLB7-db
Report Post »M31Sailor
Posted on October 10, 2010 at 11:29pmTOO Bad
Report Post »Jmanzione
Posted on October 7, 2010 at 9:25amNo Mr Hare, UNICORNS are a myth, the debt is very real. Of course, statistics that say there are a certain percentage of people that will believe anything “their” political party says, it doesn’t surprise me that you are attempting to enforce a myth as dangerous as this. Sure, your party has more than its share of uneducated, generation-by-generation of welfare recipients (of ALL colors), but even those that refuse to listen to an opposing view are beginning to think something isn’t right. You sir, are a damned fool.
Report Post »EqualJustice
Posted on October 7, 2010 at 9:24amHAHAHA He’s from CHI TOWN, the land of delusions, what do you expect? They all have their heads where the sun don’t shine! ;)
Report Post »Poverty with a view
Posted on October 7, 2010 at 9:22amHe’s right, I know this because a unicorn told me the same thing as I was hiking across a rainbow to see the fairies in the land of lolliepops.
Report Post »ron342
Posted on October 7, 2010 at 9:22amPhil Hare, D-IL….debunk the myth that you will remain in your congressional seat after the 2011 general election!!!!! It’s inept politicians like you that spin lies upon the American people and have contributed to the grave circumstances we find ourselves in.
Report Post »claymoremacm
Posted on October 7, 2010 at 9:22amclueless
Report Post »Rickfromillinois
Posted on October 7, 2010 at 9:22amWhat a moron. There is no national debt, so spend as much as you want.
Report Post »TheQuill
Posted on October 7, 2010 at 8:53pmWell since the Easter Bunny and Santa are myths, so is our debt. We demos are not spending money and turning the country into a socialist paradise. We are all for the American way, Charge It, Charge It. Please is everyone in Illinois politics shy a few brain cells and sniffing glue?
Report Post »Beckofile
Posted on October 7, 2010 at 9:20amHelp your children down the road by maxing their credit card and ruining chances of opportunity to the prosperity to pay it off??? Another Keynesian that thinks we can spend ourselves and our children into prosperity…..Dumb
Report Post »JohnnyGalt
Posted on October 7, 2010 at 9:19amWoah if our debt is a myth, I think it should be a Liger, half Lion half Tiger with wings… You know their bred for their magic and skills right?
Report Post »JohnnyGalt
Posted on October 7, 2010 at 9:25amEDIT: You know they’re bred for their magic and skills right?
I hate mixing those up….
Report Post »Freelancer
Posted on October 7, 2010 at 9:17amAll I can say is on WHAT PLANET does this clown reside?
Report Post »DevotedDad
Posted on October 7, 2010 at 9:27amI guess it is also a myth that:
The dollar is losing value
Record number of people are buying gold
Obama has socialist beliefs
Report Post »rusty2x
Posted on October 7, 2010 at 9:39amThe same planet all the liars and theives are living on… Uranus
Report Post »ConsiderThis
Posted on October 7, 2010 at 9:48amPlanet’s name is “ObamaWorld”
Report Post »momsense
Posted on October 7, 2010 at 9:52amditto !!!!!!!!!!!!!!!!!!!!!!!
Report Post »ishka4me
Posted on October 7, 2010 at 10:01amhe must be a graduate of univ of illinois, maybe had professor bill ayers
Report Post »tobywil2
Posted on October 7, 2010 at 10:21amGOVERNMENT SPENDING AND TAXES
The “standard operating procedure” of the aspiring “PEERS” is to present inflated predictions of the effects of their proposals with no hint of the disasters that one would reasonably expect to result from such action. That is just how the $825 billion “STIMULUS PLAN” was presented to us.
The aspiring “PEERS” deliberately misrepresent the relationship between government spending and taxes. The tax is levied when the government spends the money, unless the government is operating with a surplus (a very rare occurrence). A tax, enacted by the legislature to pay for expenditure, only effects who pays for the expenditure. If the government pays for the expenditure by printing money (“STEALTH TAXATION), the value of the dollar is reduced, effectively taxing everyone who has money. The dollar buys less goods and services, especially devastating to the poor and those living on a fixed income.
Aiding the “PEERS’” misrepresentation is the common fallacy that money is wealth. Money is a medium of exchange, a claim on the nation’s wealth.
The “Stimulus Plan” was essentially a plan to have the government invest your money. What effort has been made to insure that wealth redeployed by the “STIMULUS PLAN” increase the nation’s wealth rather than destroy that wealth?
Remember, these are the same people who created the current financial meltdown of our banks by pressuring the banks to lend money to people with little or no prospect to repay the loans. When did they get smart enough to invest $825 billion?
The destruction of wealth by the “STIMULUS PLAN” added to the “global warming” initiatives have disastrous consequences for the economy.
Report Post »magnum357
Posted on October 7, 2010 at 10:23amMy debt is a myth also, guess I can forget about it!
Report Post »CoFX
Posted on October 7, 2010 at 10:34amThanks Illinois. Really appreciate you guys giving this man a chance to vote on our future. Would you like to come over to my house and kick my dog too?
Report Post »letmykidsbfree
Posted on October 7, 2010 at 10:35amThe Fabian society from Kevin Rudd to China….Pass it on to everyone……
http://www.youtube.com/watch?v=WjhFfEG4t84
tjdavid21444
Posted on October 7, 2010 at 10:51amDon’t forget the myth that unemployment is almost 10%, or the myth that the penalty for violating the individual mandate in ObamaCare is a tax (they are arguing in court now that it is, BTW)
Report Post »pajamash
Posted on October 7, 2010 at 10:59am@letmykidsbefree – Don’t post a link to that which is falicy!!!!!!! -1000 points to you.
Report Post »drbage
Posted on October 7, 2010 at 11:46amHe is definitely on the same planet as Rep. Stark in CA who said that debt is a good thing, adding to our financial stability. Using their logic, I guess we should all go out and max out our credit cards.
Report Post »Masamune
Posted on October 7, 2010 at 12:55pmI don’t know what planet Freelancer, but i’m pretty sure the lack of oxygen fried his brain there.
Report Post »Texas.7
Posted on October 7, 2010 at 12:55pmThe emperor is wearing no clothes! They are always trying to get us not to believe our eyes or our brains!
Report Post »vennoye
Posted on October 7, 2010 at 1:11pmtjdavid21444—-According to Gallup
Report Post »October 7, 2010
Gallup Finds U.S. Unemployment at 10.1% in SeptemberUnderemployment, at 18.8%, is up from 18.6% at the end of Augustby Dennis Jacobe, Chief EconomistPRINCETON, NJ — Unemployment, as measured by Gallup without seasonal adjustment, increased to 10.1% in September — up sharply from 9.3% in August and 8.9% in July. Much of this increase came during the second half of the month — the unemployment rate was 9.4% in mid-September — and therefore is unlikely to be picked up in the government’s unemployment report on Friday.
Notice the “and therefore is unlikely to be picked up in the government’s unemployment report on Friday”. What else is new.
casseopea42
Posted on October 7, 2010 at 1:52pmSo, if I say that my creditcard debt, my mortage, my car payment and my other debts are “myths” I don’t have to worry about them anymore? I wonder why the collection agency would say to that…
“you need to pay!”
“No, that debt is a myth”
Report Post »dfestoon
Posted on October 7, 2010 at 2:23pm……..and it’s a myth that the dems will most likely lose the house and possibly the senate too, in Nov………
Report Post »ILFarmer
Posted on October 7, 2010 at 3:19pm@CoFX:
Oh come now, not everyone in IL is responsible. I sure as hell didn’t vote for him…but then again he isn’t of my district. The politics in IL may be be more corrupt than a Windows ME operating system, but it doesn’t mean all the people are bad too.
anyway, this guy is a nutcase. he could have at least said that we have “a little” national debt instead of it being a hoax. And if you really want to get technical, an actual Little amount of Debt in the country is good, but that’s mostly in the form of a buffer between imports and exports and can be covered and backed with ease. Not the out of control nonsense we have now and have had for decades. It all boils down to Fiscal Responsibility, something that Washington has had a lobotomy over so they might forget.
Report Post »Polwatcher
Posted on October 7, 2010 at 3:37pmI hope that after this election this congressman is a myth.
Report Post »George Washington
Posted on October 7, 2010 at 4:12pmI just realized that all of my financial obligations are myths. So from now on, as soon as I get a bill in the mail, I am going to feed it to the shredder. As for “which planet is he from?” He is from Earth. The only thing is that the doctor dropped Representative Hare on his head as soon as he was born.
Report Post »Pericles
Posted on October 7, 2010 at 8:37pmThe dollar is losing value – as compared to what?
Record number of people are buying gold – So.
Obama has socialist beliefs – No. If he did then we would be lucky enough to have single payer health care.
Report Post »arx
Posted on October 7, 2010 at 10:38pmtersticles…Obamao is a socialist and worse….and wanted much more than he was able to get with healthcare.
Question: what hurts worse, your empty cranium or black soul?
Report Post »FreedomMissMeYet
Posted on October 8, 2010 at 4:45pmBbbbwwwwaaaaaaahahahahaha!!…. Hey, what’s a Liberal Contrarian? They sound like this: “I’m going to Debunk the TRUTH…..by ummm…ummm….saying it’s a MYTH over and over again until both you and I believe it..”….Yeah, Yeah, that’s it…..Watch your head jackass, you may be trying to debunk GRAVITY…
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