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	<title>Comments on: Why Does Paulson Want Us to Keep Piling Up Debt?</title>
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	<link>http://washingtonindependent.com/19993/why-does-paulson-want-us-to-keep-piling-up-debt</link>
	<description>National News in Context</description>
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		<title>By: discount Louis vuitton</title>
		<link>http://washingtonindependent.com/19993/why-does-paulson-want-us-to-keep-piling-up-debt/comment-page-1#comment-198988</link>
		<dc:creator>discount Louis vuitton</dc:creator>
		<pubDate>Mon, 06 Sep 2010 07:15:46 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=19993#comment-198988</guid>
		<description>It&#039;s not about us. It&#039;s about how the rich can get richer.&lt;br&gt;&lt;br&gt;Learn to live with it or revolt.</description>
		<content:encoded><![CDATA[<p>It&#39;s not about us. It&#39;s about how the rich can get richer.</p>
<p>Learn to live with it or revolt.</p>
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		<title>By: David</title>
		<link>http://washingtonindependent.com/19993/why-does-paulson-want-us-to-keep-piling-up-debt/comment-page-1#comment-37789</link>
		<dc:creator>David</dc:creator>
		<pubDate>Fri, 06 Feb 2009 20:21:20 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=19993#comment-37789</guid>
		<description>It&#039;s not about us. It&#039;s about how the rich can get richer.&lt;br&gt;&lt;br&gt;Learn to live with it or revolt.</description>
		<content:encoded><![CDATA[<p>It&#39;s not about us. It&#39;s about how the rich can get richer.</p>
<p>Learn to live with it or revolt.</p>
]]></content:encoded>
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		<title>By: David</title>
		<link>http://washingtonindependent.com/19993/why-does-paulson-want-us-to-keep-piling-up-debt/comment-page-1#comment-17758</link>
		<dc:creator>David</dc:creator>
		<pubDate>Fri, 06 Feb 2009 12:21:20 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=19993#comment-17758</guid>
		<description>It&#039;s not about us. It&#039;s about how the rich can get richer.&lt;br&gt;&lt;br&gt;Learn to live with it or revolt.</description>
		<content:encoded><![CDATA[<p>It&#39;s not about us. It&#39;s about how the rich can get richer.</p>
<p>Learn to live with it or revolt.</p>
]]></content:encoded>
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		<title>By: Richard</title>
		<link>http://washingtonindependent.com/19993/why-does-paulson-want-us-to-keep-piling-up-debt/comment-page-1#comment-13084</link>
		<dc:creator>Richard</dc:creator>
		<pubDate>Thu, 27 Nov 2008 02:46:04 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=19993#comment-13084</guid>
		<description>Why don&#039;t they understand that if people have money they will spend it. If people do not have money there in no spending. These bailouts do nothing for people (consumers) people don&#039;t want more ability to get into debt further, they want to get out of debt and have extra money to spend on goods.&lt;br&gt;&lt;br&gt;Did they miss this in economics? No, I assume this is just a way to have the Banks horde away some assets before the system fails.</description>
		<content:encoded><![CDATA[<p>Why don&#39;t they understand that if people have money they will spend it. If people do not have money there in no spending. These bailouts do nothing for people (consumers) people don&#39;t want more ability to get into debt further, they want to get out of debt and have extra money to spend on goods.</p>
<p>Did they miss this in economics? No, I assume this is just a way to have the Banks horde away some assets before the system fails.</p>
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		<title>By: RLee</title>
		<link>http://washingtonindependent.com/19993/why-does-paulson-want-us-to-keep-piling-up-debt/comment-page-1#comment-13083</link>
		<dc:creator>RLee</dc:creator>
		<pubDate>Thu, 27 Nov 2008 02:41:14 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=19993#comment-13083</guid>
		<description>Positive Change For - We The People&lt;br&gt;&lt;br&gt;The current Bush Administration and the possible coming Obama Administration need to be about positive change for We the People if this nation is to survive this economic malady. &lt;br&gt;&lt;br&gt;The current Bush Administration and the possible coming Obama Administration needs to avoid at all costs any continued rape, extortion, and destruction of a nation with traditions and redeeming heritage like no other in the world.  &lt;br&gt;&lt;br&gt;America stands for more than the pillage and intimidation of other nations.  America stands for freedom, human rights and development of individual dreams.&lt;br&gt;&lt;br&gt;If America wants change; wants to save We the People; wants to grow We the People; seeks to encourage We the People; and continue to protect, defend and preserve We the People; and wants the following outcomes:&lt;br&gt;&lt;br&gt;•	Boost and stimulate the economy, &lt;br&gt;•	Decrease and eliminate current consumer debt, &lt;br&gt;•	Decrease the national debt and save America from certain economic demise,&lt;br&gt;•	Encourage national consumer saving,&lt;br&gt;•	And fund a more transparent bail out than the current one offered Wall Street, and Citibank -&lt;br&gt;&lt;br&gt;&lt;br&gt;Then I recommend that the United States Treasury offer every working United States citizen a $1500 voucher per month for one or two years to be applied towards just their debts such as current outstanding: &lt;br&gt;&lt;br&gt;•	Mortgage loans, &lt;br&gt;•	Auto loans, &lt;br&gt;•	Credit card debt, &lt;br&gt;•	Medical expenses, &lt;br&gt;•	And verifiable personal debt.&lt;br&gt;&lt;br&gt;&lt;br&gt;If the employed United States citizen does not continue working then the voucher stops until they are employed again:&lt;br&gt;&lt;br&gt;•	Each month that the United States citizen is employed, the individual will receive the $1500 voucher.&lt;br&gt;&lt;br&gt;•	The United States citizen must be working 35 hours a week whether fulltime or part-time.  United States citizen must always be working to receive the $1500 voucher.&lt;br&gt;&lt;br&gt;•	United States citizens who are self employed must show that they are earning a living each month working 35 hours per week to receive the $1500 voucher.&lt;br&gt;&lt;br&gt;&lt;br&gt;If the United States citizen is in college or technical training fulltime, they too receive a $1500 voucher paid to them, the parent, or their guardian:&lt;br&gt;&lt;br&gt;•	As long as they maintain a “C” average grades each reporting period and &lt;br&gt;&lt;br&gt;•	United States citizens cannot double dip and get $1500 for being in school and $1500 for working.  &lt;br&gt;&lt;br&gt;&lt;br&gt;Each United States citizen child under the age of eighteen who lives at home with their biological parents, foster parents, or guardian will receive a $500 voucher each month which is to be used towards schooling, meals, school related activities, tutoring, school supplies, etc.&lt;br&gt;&lt;br&gt;•	The $500 student voucher will continue for one or two years as long as the United States citizen child remains in school.  &lt;br&gt;&lt;br&gt;•	If the United States citizen child leaves school, is expelled, drops out or is excessively absent from school, then the $500 voucher will cease until the student returns to school, fulltime and carries a average “C” grade each month/quarter.&lt;br&gt;&lt;br&gt;It does not matter that the United States citizen is in the military.  The same voucher options apply to the United States citizen active duty member and their dependents:&lt;br&gt;&lt;br&gt;•	Each active duty military personnel will receive a $1500 voucher each month and each dependent will receive a $500 voucher a month.&lt;br&gt;&lt;br&gt;The following United States citizens will receive a voucher option each month:&lt;br&gt;&lt;br&gt;•	Retired over 65 years of age&lt;br&gt;•	Disabled&lt;br&gt;•	Certified seriously mentally ill, as determined by national standards.&lt;br&gt;&lt;br&gt;Will be eligible for a $1500 voucher each month to augment or supplement any earnings the individual receives from retirement funds or disability funds to be applied to pay down any and all debt.  If the above United States citizens are also caring for a minor United States citizen child then that child is eligible for the same $500 voucher afforded other children stated above.&lt;br&gt;&lt;br&gt;&lt;br&gt;By initiating the above vouchers, the United States will save money, save assets, save consumers the loss of their homes, prevent bankruptcies, promote economic growth within the nation and significantly decrease the national debt saving our great nation from another Great Depression.&lt;br&gt;&lt;br&gt;&lt;br&gt;**Voucher fraud, black-marketing in vouchers, and extorting individuals using vouchers as a weapon could result in racketeering charges, loss of property and long-term, irrevocable community service commitments.</description>
		<content:encoded><![CDATA[<p>Positive Change For &#8211; We The People</p>
<p>The current Bush Administration and the possible coming Obama Administration need to be about positive change for We the People if this nation is to survive this economic malady. </p>
<p>The current Bush Administration and the possible coming Obama Administration needs to avoid at all costs any continued rape, extortion, and destruction of a nation with traditions and redeeming heritage like no other in the world.  </p>
<p>America stands for more than the pillage and intimidation of other nations.  America stands for freedom, human rights and development of individual dreams.</p>
<p>If America wants change; wants to save We the People; wants to grow We the People; seeks to encourage We the People; and continue to protect, defend and preserve We the People; and wants the following outcomes:</p>
<p>•	Boost and stimulate the economy, <br />•	Decrease and eliminate current consumer debt, <br />•	Decrease the national debt and save America from certain economic demise,<br />•	Encourage national consumer saving,<br />•	And fund a more transparent bail out than the current one offered Wall Street, and Citibank -</p>
<p>Then I recommend that the United States Treasury offer every working United States citizen a $1500 voucher per month for one or two years to be applied towards just their debts such as current outstanding: </p>
<p>•	Mortgage loans, <br />•	Auto loans, <br />•	Credit card debt, <br />•	Medical expenses, <br />•	And verifiable personal debt.</p>
<p>If the employed United States citizen does not continue working then the voucher stops until they are employed again:</p>
<p>•	Each month that the United States citizen is employed, the individual will receive the $1500 voucher.</p>
<p>•	The United States citizen must be working 35 hours a week whether fulltime or part-time.  United States citizen must always be working to receive the $1500 voucher.</p>
<p>•	United States citizens who are self employed must show that they are earning a living each month working 35 hours per week to receive the $1500 voucher.</p>
<p>If the United States citizen is in college or technical training fulltime, they too receive a $1500 voucher paid to them, the parent, or their guardian:</p>
<p>•	As long as they maintain a “C” average grades each reporting period and </p>
<p>•	United States citizens cannot double dip and get $1500 for being in school and $1500 for working.  </p>
<p>Each United States citizen child under the age of eighteen who lives at home with their biological parents, foster parents, or guardian will receive a $500 voucher each month which is to be used towards schooling, meals, school related activities, tutoring, school supplies, etc.</p>
<p>•	The $500 student voucher will continue for one or two years as long as the United States citizen child remains in school.  </p>
<p>•	If the United States citizen child leaves school, is expelled, drops out or is excessively absent from school, then the $500 voucher will cease until the student returns to school, fulltime and carries a average “C” grade each month/quarter.</p>
<p>It does not matter that the United States citizen is in the military.  The same voucher options apply to the United States citizen active duty member and their dependents:</p>
<p>•	Each active duty military personnel will receive a $1500 voucher each month and each dependent will receive a $500 voucher a month.</p>
<p>The following United States citizens will receive a voucher option each month:</p>
<p>•	Retired over 65 years of age<br />•	Disabled<br />•	Certified seriously mentally ill, as determined by national standards.</p>
<p>Will be eligible for a $1500 voucher each month to augment or supplement any earnings the individual receives from retirement funds or disability funds to be applied to pay down any and all debt.  If the above United States citizens are also caring for a minor United States citizen child then that child is eligible for the same $500 voucher afforded other children stated above.</p>
<p>By initiating the above vouchers, the United States will save money, save assets, save consumers the loss of their homes, prevent bankruptcies, promote economic growth within the nation and significantly decrease the national debt saving our great nation from another Great Depression.</p>
<p>**Voucher fraud, black-marketing in vouchers, and extorting individuals using vouchers as a weapon could result in racketeering charges, loss of property and long-term, irrevocable community service commitments.</p>
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		<title>By: Huh?</title>
		<link>http://washingtonindependent.com/19993/why-does-paulson-want-us-to-keep-piling-up-debt/comment-page-1#comment-13039</link>
		<dc:creator>Huh?</dc:creator>
		<pubDate>Wed, 26 Nov 2008 17:58:46 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=19993#comment-13039</guid>
		<description>And oh yeah- for all you armchair economists who think this &#039;debt&#039; system is good? Wake up you rubes, you&#039;ll feel it just as much as those &#039;fiscally irresponsible&#039; people who cannot &#039;repay their debt.&#039;.&lt;br&gt;&lt;br&gt;Can you not see how your weak arguments about &#039;personal debt responsibility&#039; are completely and foolishly misguided? We should be talking about REMOVING the debt based economy and REINCARNATING the asset based economy. You bumblers will get us ALL in hock for life if you keep singing the tune that you are currently. &lt;br&gt;&lt;br&gt;All I can close with: You are an IDIOT if you believe these problems are the result of people who don&#039;t pay their home loans. It&#039;s a drop in the bucket... why are big businesses using DEBT to pay salaries? Huh? Think about it before you want to blame an individual who took a bit too much home loan, or cashed out some equity. Personal debt is DWARFED by federal and business debt, and THOSE are the ones with the real problems. But you just keep repeating the meme that it is a few thousand private individuals who brought the world down because they bought the McMansion.</description>
		<content:encoded><![CDATA[<p>And oh yeah- for all you armchair economists who think this &#39;debt&#39; system is good? Wake up you rubes, you&#39;ll feel it just as much as those &#39;fiscally irresponsible&#39; people who cannot &#39;repay their debt.&#39;.</p>
<p>Can you not see how your weak arguments about &#39;personal debt responsibility&#39; are completely and foolishly misguided? We should be talking about REMOVING the debt based economy and REINCARNATING the asset based economy. You bumblers will get us ALL in hock for life if you keep singing the tune that you are currently. </p>
<p>All I can close with: You are an IDIOT if you believe these problems are the result of people who don&#39;t pay their home loans. It&#39;s a drop in the bucket&#8230; why are big businesses using DEBT to pay salaries? Huh? Think about it before you want to blame an individual who took a bit too much home loan, or cashed out some equity. Personal debt is DWARFED by federal and business debt, and THOSE are the ones with the real problems. But you just keep repeating the meme that it is a few thousand private individuals who brought the world down because they bought the McMansion.</p>
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		<title>By: Huh?</title>
		<link>http://washingtonindependent.com/19993/why-does-paulson-want-us-to-keep-piling-up-debt/comment-page-1#comment-13038</link>
		<dc:creator>Huh?</dc:creator>
		<pubDate>Wed, 26 Nov 2008 17:46:08 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=19993#comment-13038</guid>
		<description>Are you a serious journalist? Or just another hack that managed to get a degree?&lt;br&gt;&lt;br&gt;You KNOW why Hanky Panky keeps pushing more debt. As soon as we are removed from an income system, and live in a debt system, we have NO CHOICE. We&#039;ll have to keep working for whatever wage we can get, we&#039;ll be HAPPY to get our allotment of bread and milk. And we&#039;ll have zero inclination to do anything about the WHITE COLLAR CRIME PROBLEM that is our current dilemma.&lt;br&gt;&lt;br&gt;Maybe you can redeem your apparent lack of intelligence by reporting on the CRIME SPREE that this supposed &#039;bailout&#039; really is. Failure to do so will clarify for all that yes, Mary Kane, you ARE just another HACK with a keyboard.</description>
		<content:encoded><![CDATA[<p>Are you a serious journalist? Or just another hack that managed to get a degree?</p>
<p>You KNOW why Hanky Panky keeps pushing more debt. As soon as we are removed from an income system, and live in a debt system, we have NO CHOICE. We&#39;ll have to keep working for whatever wage we can get, we&#39;ll be HAPPY to get our allotment of bread and milk. And we&#39;ll have zero inclination to do anything about the WHITE COLLAR CRIME PROBLEM that is our current dilemma.</p>
<p>Maybe you can redeem your apparent lack of intelligence by reporting on the CRIME SPREE that this supposed &#39;bailout&#39; really is. Failure to do so will clarify for all that yes, Mary Kane, you ARE just another HACK with a keyboard.</p>
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		<title>By: john</title>
		<link>http://washingtonindependent.com/19993/why-does-paulson-want-us-to-keep-piling-up-debt/comment-page-1#comment-12938</link>
		<dc:creator>john</dc:creator>
		<pubDate>Tue, 25 Nov 2008 17:48:38 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=19993#comment-12938</guid>
		<description>Well, we know that you don&#039;t build or sell anything for a living that relies on consumer spending. &lt;br&gt;&lt;br&gt;Enlighten us as to the industry you happen to be in?&lt;br&gt;&lt;br&gt;Realize that even if you&#039;re higher up in the foodchain in the b2b end of the pool, end-user mysery is going to trickle up and bite you in the ass... yes, even if you&#039;re in the public sector.&lt;br&gt;&lt;br&gt;You&#039;re probably a teacher or something. I hope your levies all got voted down and you can&#039;t find a summer job in &#039;09.</description>
		<content:encoded><![CDATA[<p>Well, we know that you don&#39;t build or sell anything for a living that relies on consumer spending. </p>
<p>Enlighten us as to the industry you happen to be in?</p>
<p>Realize that even if you&#39;re higher up in the foodchain in the b2b end of the pool, end-user mysery is going to trickle up and bite you in the ass&#8230; yes, even if you&#39;re in the public sector.</p>
<p>You&#39;re probably a teacher or something. I hope your levies all got voted down and you can&#39;t find a summer job in &#39;09.</p>
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		<title>By: steve</title>
		<link>http://washingtonindependent.com/19993/why-does-paulson-want-us-to-keep-piling-up-debt/comment-page-1#comment-12923</link>
		<dc:creator>steve</dc:creator>
		<pubDate>Tue, 25 Nov 2008 15:26:46 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=19993#comment-12923</guid>
		<description>The people that that would serve would never be able to repay the new loan.  They&#039;ve shown a history of not being responsible with money.&lt;br&gt;&lt;br&gt;How is a low interest loan going to change their behavior in a positive way towards being financially responsible?&lt;br&gt;&lt;br&gt;If we continue to enable these folks they will never grow up financially.&lt;br&gt;&lt;br&gt;Tough love - let &#039;em burn.</description>
		<content:encoded><![CDATA[<p>The people that that would serve would never be able to repay the new loan.  They&#39;ve shown a history of not being responsible with money.</p>
<p>How is a low interest loan going to change their behavior in a positive way towards being financially responsible?</p>
<p>If we continue to enable these folks they will never grow up financially.</p>
<p>Tough love &#8211; let &#39;em burn.</p>
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		<title>By: steve</title>
		<link>http://washingtonindependent.com/19993/why-does-paulson-want-us-to-keep-piling-up-debt/comment-page-1#comment-12922</link>
		<dc:creator>steve</dc:creator>
		<pubDate>Tue, 25 Nov 2008 15:20:54 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=19993#comment-12922</guid>
		<description>The sooner it collapses the better off we&#039;ll be.  I think the reason the politicos are fighting that fact so much is that in that world they won&#039;t get near as rich...</description>
		<content:encoded><![CDATA[<p>The sooner it collapses the better off we&#39;ll be.  I think the reason the politicos are fighting that fact so much is that in that world they won&#39;t get near as rich&#8230;</p>
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