I figured out how US debt can be paid off!

legalize weed and tax it

 

I honestly have no idea if this is true or not, the numbers are just too big to add up, but I recently read that if the US Government were to somehow confiscate every dollar of wealth generated from 1776 until now it STILL would not be enough to pay for the amount of debt we current have.

Basically we owe more than we've produced in all the years we've been a nation!

 

Legalize weed AND hemp.

 

And isnt 107T promised or something to that affect?

It will take hundreds of years to pay off.

It's hard not to buy into conspiracy theories...that claim that they're trying to destroy the country so they can have more control.

 

.....Or they could just stamp out a 14 Trillion Dollar coin, hand it to the FRB and call it all good.

 

Sell Guam.........

 

Then everyone who wants it will grow it them selves, it's a weed after all.
And the "good stuff" will still be outsourced.

 

Better yet sell Puerto Rico

 

Maybe this could help, http://consumerist.com/2007/04/snl-skit-dont-buy-stuff-you-cant-afford.html

 

Maybe we should start billing other countries an hourly labor rate for fighting their wars... awww snap i said it!

 

"It Is Now Mathematically Impossible To Pay Off The U.S. National Debt

A lot of people are very upset about the rapidly increasing U.S. national debt these days and they are demanding a solution. What they don't realize is that there simply is not a solution under the current U.S. financial system. It is now mathematically impossible for the U.S. government to pay off the U.S. national debt. You see, the truth is that the U.S. government now owes more dollars than actually exist. If the U.S. government went out today and took every single penny from every single American bank, business and taxpayer, they still would not be able to pay off the national debt. And if they did that, obviously American society would stop functioning because nobody would have any money to buy or sell anything…"

http://theeconomiccollapseblog.com/archives/it-is-now
-mathematically-impossible-to-pay-off-the-u-s-national-debt

 

I am not sure what you are reffering to but the GDP of the US is 13 Trillon per year.

I just hope the Chineese stop buying our debt. That will bring it to a head and force cuts in spending or we can just declare bankruptcy and have a big going out of business sale. Could just drop the whole federal govt idea I am not sure we are getting much economy of scale and the overhead rates are killing us.

It drives me nuts when a local politican gloats about how he got this expensive project for the area but it is ok it is Federal money. Wow great I almost thought it was my tax money being wasted. Thanks a lot.

 

We should sell them Florida and call it even.

 

So how would we pay off the remaining $13.99 trillion?

 

Turn the US Navy into privateers! Let the sailors keep 10% of the booty they can nap from forgein flagged ships and yachts, and the rest goes into the pot to pay off USA debt!

Kind of like what's happening off the coast of Somallia, but on a much larger scale with nuke power aircraft carriers!

 

They've already pretty much guaranteed we will all 'work till we drop'...the days of 'retirement' are gone...

As far as paying off the debt, how about some countries out there just wipe the slate clean for us, like we've done over the years for them?

Having an all-new government 'suddenly' put into place here in the U.S. would do it, too...

 

Start beating up all the smaller countries and steal their lunch money.