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Comment Re:153 GOP voted to default (Score 1) 999

Printing money is a problem too. Getting rid of the Fed does no good if you don't get rid of the rampant spending. Bring the military and entitlement spending down to less then what we tax in a year (so maybe raise taxes along with cutting spending!) and then we can address the issues with the Fed.

Comment Re:MONEY WHERE THE MOUTH IS (Score 1) 327

Somehow reading your comment makes me feel that you'er under 25 and was raised getting a trophy for just showing up.

I know that this comment was an ad hominem attack and didn't really add much. But I couldn't over look this comment: "since buying an electric car is a huge service to our nation shouldn't the charging be free of costs?" - Really? that's a "huge" service? and for it, everyone else should subsidize your driving?

Comment Re:how is a "Tesla store" not a dealership? (Score 1) 470

Auto Companies would LOVE to deregulate the laws the protect Indeprendent Dealerships. Problem is, that local Car Dealerships have a LOT of influence in local elections. Thus, they were able to legislate protection for their industry that should have died out in the 50s.

Comment Re:153 GOP voted to default (Score 1) 999

The US National Debt is held in T-Bonds (Treasury Bonds) as the video discusses. If we reduced Government spending to less then the Tax Revenue, then the Surplus each year could be used to purchase back the T-Bonds, thus lowering the National Debt. Or could be held to fund next years governmental spending so new T-Bonds would not need to be issued.

Could this be done over night? No. But over time (10, 15, 30 years)? sure.

Of course, this brings up a major issue - If 16 Trillion isn't being held in T-Bonds and is pushed back out into the Markets, suddenly the value of circulating dollars would drop. This would probably be a bigger problem then the National Debt.

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