"Let's just tax the hell outta everybody and get it over with"

[Deborah K]

I've seen her show before, she's not a bimbo. What she's getting at is that taxing everyone the full extent it would take to pay off the debt would show them just how expensive big government actually is. It would force the middle class to get over their 'soak the rich' fetish that's motivated by envy.

That's not how I took it. But then, I don't watch this show so I don't have the same frame of reference you do. For someone like me, who found it on utube, she comes off like someone trying to get people thinking about a flat tax. A rather HIGH flat tax, like the Swedish have. Not surprisingly, a lot of Americans really like how the Swedes are doing things, i.e. taxing the "hell outta everyone", but giving them a cradle to grave existence. Socialism anyone?

[BAllen]

They don't want the debt paid off. Money is created from debt. Banks create money when they give out loans. No debt, no money.
Debt = amount of money in the system. My brother is a financial advisor. He also believes in socialism. What a surprise. Needless to say, we have some 'discussions' on this.

[cubical]

Once we pay off this 16 trillion and collapse the economy, what about the other 50 trillion that is just around the corner?