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So quite simply: what about WW1, WW2, Nagasaki/Hiroshima, Korean War, Vietnam. I cannot say Democrats are solely responsible for starting these but if you want to get technical the majority of this stuff was under their watch.
Originally posted by no time
I would like to add that credit, in most cases means taking value and tangible assets against the item or "war" in this case, in many cases the interest on the money is what is up for debate. Who gets the interest payments on the debt? For example, who is getting the interest payments on the long and short term bonds which were sold to pay for the war?
In most cases recently if the money is printed out of thin air, the tangible asset used as collateral is the value of labor. This lowers the value of the money, thus lowering the value of a man or woman's work. The value stolen is the interest paid and the citizens pay this through a hidden inflation tax. This inflation tax is currently at 95% of labor. Meaning your labor has been devalued by 95% since 1913. This is the interest paid to finance war.
Furthermore, whoever bought treasury bonds gets a yield from this bond.
My explanation is simplified, and the statement "2wars on a credit card" is an even simpler explanation. Absolutely true though. The only thing that is really up for debate is who is responsible for making these decisions.
It's not liKe money was taken out of a savings account to write a check. And republican or democrat doesn't matter, until people wake up enough to realize that your quality of life is what is being used as a credit card nothing will change. I don't know about you guys, but I would gladly lower my quality of life to see that the whole world is fed, housed, and has access to affordable care. Not so sure if sacrificing the quality of life for our children and grand children in order to fight baseless war is something I can support
edit on 13-10-2012 by no time because: added stuff
Nevertheless, on Aug. 8, 1935, the conference report — the final version of the bill that melds together changes made in the House and in the Senate — passed in the House 372-33, with 81 Republicans voting in support. The next day, the bill was passed in the Senate 77-6, with 16 Republicans supporting the legislation. So Social Security did pass with Republican support.
Thirty years later, a significant number of Republicans voted in favor of the Medicare bill. The House adopted the conference report on July 27, 1965, 307-116, with 70 Republicans supporting it. And on July 28, the Senate adopted the final version of the bill by a vote of 70-24, with 13 Republicans in favor of the bill. President Lyndon B. Johnson signed the Medicare bill into law on July 30, 1965.