Bin Laden: "Goal is to Bankrupt US"

Hi MsMittens ,


Can i have the authorisation to view your link :)

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You are not authorized to view this page. Please ensure that the link used is that given by the most recent emailed digest.

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Between you can view this U.S. NATIONAL DEBT CLOCK which is ticking every second ;)

Some Insteresting Facts too :-

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The estimated population of the United States is 294,691,308
so each citizen's share of this debt is $25,279.66.

The National Debt has continued to increase an average of
$1.67 billion per day since September 30, 2003!

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--Good Luck--

That was the link I wanted to put down (was doing far too much marking yesterday). It is interesting facts but the question still remains, at what point would the US declare bankruptcy? We all know that if we had a debt of $25K each, no bank would give us more or approve us for a lot of things without a co-signer. So either the US has a silent partner (Saudi Arabia? Israel?) or it's pretty vasts amounts of money it doesn't really have. (Wasn't that one of the reasons for the 1930s Depression era? Rampant inflation and lack of faith in the monetary system in a variety of places?)

What debt? The US wouldn't be in debt if all the other countries that owe us money would pay up!

Uh... You might want to read the US Treasury's FAQ or if pretty pictures are more helpful the Debt Clock has a pie chart breakdown (note: Foreign/International is only 22% of the whole thing). The US Debt is the money that the US borrows from its citizens and even check the historical timeline of the debt. The percentage that is loaned I suspect is small. Additionally, many loans made to other nations are by banks. A lot of this debt is due to wartime activities, security activities, social net programs, education, health care, etc. Even if nations that borrowed from the US paid it back I suspect the Debt would still be in the trillions.

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"All that we have to do is to send two mujahedeen to the furthest point east to raise a piece of cloth on which is written al Qaeda, in order to make generals race there to cause America to suffer human, economic and political losses without their achieving anything of note other than some benefits for their private corporations," bin Laden said.

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Did anyone CLOSELY read this. I mean, someone tell me that this DOES NOT sound like some type of subliminal message to other al Qaeda members to launch an attack of some sort? This sounds like a type of hidden message to me for someone out there to come and attack us, whether it be against humans, the economy, politically, or a combination of the three.

Anyone see it like I do or am I just like out of it?

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Originally posted here by MsMittens
And perhaps someone can answer this: if the debt is about 7.5 trillion, at what point is it bankrupt? And this year's budget includes a $520 Billion deficit. So when would the US declare bankrupcy?

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"7.5"
Deficit spending is proper as long as it's during war time & after a recession, Bush encountered both. The recession was inherited.
If you don't have any clue what we generate a year, you can check out these links.
http://www.cia.gov/cia/publications/.../2001rank.html
http://www.cia.gov/cia/publications/...k/geos/us.html
http://www.bea.doc.gov/beahome.html

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And even if you decide to go nuclear whome do you do it against it's not a fixed target .......like a country or something these terrorists hide behind peoples backs........whome do you use the nuclear wepon against .

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on a strictly tech note :
Nuclear weapons are designed to destroy people and property in large numbers.
So : Your target is not going to be desert .........

And timing is everything. If the world does head to hell in a handbasket [??] you simply target the places where your 'enemy' has their largest group of support, and, by this I infer that those that are not against the enemy are against us.

Example : Mecca , during the Hajj, good for a couple of million, with only a couple of the 'city buster' ICBM's.

One Trident submarine : 24 Trident MIRV missiles : each missile with 16 warheads : each warhead independantly controlled, guided up, guided down : each warhead around the 100 kilo-ton size : = 384 hits @ approx 40 MEGA tons x the number of subs = mans attempt at a new big bang theory. And that is just the navy Boomers..............

I know that the SALT talks limited the Trident to 5 warheads per missile, for 120 hits per sub.
But I think if the end was nigh, then those limits could well be ignored.

I'm not saying this is a good thing, or that it will happen. But I would lay money down, that someone, somewhere has made plans and documented it all neatly in a plastic coated A4 booklet.

You don't need to launch city killers to have a nuclear war.
US warships [allegedly] carry nuclear warheads on a tactical scale for the support of ground offensives.
You can fire nuclear tipped shells through tube artillery.
And if you are squeamish about the collatteral damage [with nuke's, this means buildings] then you can use neutron devices to remove those awkward people, and leave their infrastructure standing.

The possibilities are endless ...........
The end IS possible.

But it is a one way street. Which is why those that have the buttons at the moment do NOT use them.
How long would one of the terrorist organizations keep one in a bunker ?

And remember that although the US and the UK have a 'no first use' policy in place, all bets would be off if the terrorists ever used any of the terrible trio.
A atomic
B bacterial
C chemical
As the response has always been postured that we would respond like for like, and as we don't keep stockpiles of the B or C option. Our response would be with the A [nuclear] that we do have in abundance.

As for the debt : I think that would get written off, along with the world :)

OK..............here comes the wet blanket :D

SwordFish~..............You have to take account of people who are earning or who have wealth/income, so I guess the debt will be closer to $50,000 each?

Please remember that this is "National Debt" and is NOT an individual liability. All governments play in the market to adjust the rate of economic activity, interest rates and so on. They both borrow and lend (guilt edged securities/stocks?)

It is a completely fictitious value............hey what is the difference between M3, M5, and M7?

You really should be more concerned about the $11.97 you owe me, than your share of the National Debt ;)

Off the top of my head, I do not think that you can run a "market economy" without a National Debt?...............comments anyone?

Don't worry, you will be able to afford a virtual Christmas Card for me :D

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We all know that if we had a debt of $25K each, no bank would give us more or approve us for a lot of things without a co-signer

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Yes, thats because the bank is guaranteeing that they will get there money back.... the question everyone should be asking is, WHO are the US in debt to? they might be in debt, but to who are where are they going to pay it back to??

The same thing in all countries.... who are they in debt to? themselves?? their citizens? no, they just give out budgets, that governments overuse... therefore creates 'debt'.. however if a government has money left over from their budget, they dont go an pay of their national debt, they will allocate it elsewhere... so how is the debt even going to be repaid???

i just dont understand how it works??? if we owe other countries money, we pay it off... only adding to our debt to 'x'....


CTO

The jist of it is fairly simple IMO -- We will always be in debt, we will always be paying off other countries debts, and we will NEVER find away to erase or eliminate all of the debt we have (it's next to impossible).