How much more will we owe now, b/c of the extension?
Have you made that calculation yet?
"EVERYTHING needs to be cut and it needs to be cut now"
Somehow I don't think Congress will not cut their own salaries, staffing, expense accounts, gold-plated health and pension plans. Do you?
Defense, DEA, oil/gas/coal tax breaks/subsidies, DHS, etc won't be touched.
I figure CC means only cutting health care, pensions, school meals for kids, poor, elderly, and other vulnerable, non-lobbyist-supported targets.
No, dumbass. I say put everything on the chopping block, including defense. As for corporate tax breaks, I am on record in here advocating a two stage flat tax with no exceptions, deductions, or credits.
What you say and what will happen are about as overlapping the The Truth and anything coming from Fox Repug Propaganda network.
Without doubt, as the VRWC has always intended, tax cuts and tax loopholes for the wealthy will continue, while spending on the needy (they aren't Real Americans after all) and tax increases on the needy will be progressive. aka, wealth redistribution from the lower 98% to the top 2%.
And it's ONLY the lower 98%'s kids who are getting killed and maimed in the VRWC/MIC bogus wars. Shared sacrifice? GMAFB
You pretended to care, CC.
Have you tallied up the cost of the extension of the Bush tax cuts per capita, on top of the given tally?
If not, why not?
National Debt affects all of us greatly. I like watching this video from time to time. I'm not a doomsayer but i think it shows a very possible outcome and helps me keep things in perspective. Especially the part of the Chinese pulling their money out.
http://www.youtube.com/watch?v=2N8gJ...2234&kw=market
Grain Markets are near an all time high with some investment firms already buying options that will pay off if they double. Think about that. Professional investors are taking your grandma's retirement money and banking on doubling commodity prices. Do you guys think you can afford $15 milk and everything associated with it?
That would be guns/ammo/lock the front door scenario.
Hey, I'm debt free and, if the Senate will pass the Repeal of ObamaCare and His Excellence will sign it, according to the CBO (That would be the Congressional Budge Office that, until now has towed the Administration line one ObamaCare), it would reduce spending by a half-trillion dollars and lower taxes by three quarters of a trillion.
My kids and grand kids appreciate that greatly.
There are Democrat Senators that know the 2010 midterms were about Obama's and Pelosi's agenda and see their own fates -- in 2012 -- riding on how they respond to the mandate to undo Obama's radical agenda. It's possible this, along with the repeal of Administrative Czarism, may actually pass out of the Senate to force a presidential veto.
We live in interesting times...so, the old Chinese curse says.
I didn't pay that close of attention to the time line but, since the video begins on December 19, 2012 and, presumably takes place over a short period of time, are the producers trying to tie it all in with the 12/21/2012 hysteria?
Excellent marketing.
Allowing people to keep more of their money, in the form of tax cuts -- particularly the extension of an existing tax structure, doesn't cost them anything. It's the Government spending that costs.
Have you tallied up the cost of all the policy initiatives of the Obama administration per capita?
Somebody has to stand up and say, enough, we can't afford it -- even if you tax the out of everyone.
If tax cuts aren't offset by spending cuts, the result is more deficit. The money borrowed to fill the gap costs us all.
No, but I don't defend those policies, so I'm not quite sure why it falls to me to cost them out.
CC drew attention to the national debt. Like you, his concern about it appears to be selective.
Then stop spending.
Why? Because it's the spending, not the lack of taxes, that bankrupting this country. Far from not defending the policies, any right-thinking American should be in full-throated opposition to them.
Hence, the Tea Party.
It's not selective. I choose to separate tax policy from government spending policy. I don't think Americans should be footing the bill on much -- the vast majority -- of what Washington vomits our trillions in treasure.
Let them get their money somewhere else.
"Because it's the spending, not the lack of taxes, that bankrupting this country."
You Lie
Tell me something, Winehole. If you run out of paycheck before you have everything you need and want, do you demand more money from your employer?
No, you either borrow money or you wait and save until you have enough money to make the purchase.
There are so many government expenses that are unnecessary that many of us are fed up. They can cut the spending.
Cut unnecessary spending.
Get serious about waste, fraud, and abuse of en lements -- that, alone, would probably erase the deficit.
Quit paying years of unemployment to dead beats.
Stop building [name your Congressman] memorial [name your project]s.
The two bear some relation to each other. You separate them so as to avoid having to justify the consequences of deficit financed cuts.
I don't understand why the argument can't go the other way?
You join them to justify out-of-control government spending. You seem to believe the American people should just open their wallets and fund whatever wild-eyed, pie-in-the-sky, spending measure those 536 people in Washington care to dream up.
Cut spending. Stop Spending. It's that simple.
I support no such thing. Per contra, your defense of deficit financed cuts couldn't be any louder, or any clearer.
Stop spending. Cut Spending. Move money from unnecessary government programs to the Cons utionally mandated government programs.
Close, de-fund, and dismantlle uncons utional government bureaucracies.
Ins ute a fair and reality-based tax policy where everyone -- all 350 Million of us -- pay a fair and proportional amount of tax to support the necessary aims of government.
Period.
It's that simple.
Are you for the extension of tax cuts Obama negotiated with the GOP last month? It's that simple.
I'm not for it because the costs aren't offset by spending cuts.
Are you for the deal or against it, Yoni?
I don't think it went far enough.
Are you for or against raising the debt ceiling?
Republicans are against it unless it is joined with drastic spending cuts. I think that's a good plan.
Is that a qualified yes?
I think it's a dumb idea not to. The costs sovereign default would add to our debt load would probably outweigh any good it might do to leave it unchanged. There's more than one way to skin a cat. Intentionally defaulting on US obligations ain't the way to go.
It would be, if that were in fact their plan. As it stands, the GOP is backing away from spending cuts and won't vote against new tax cuts.
I don't think so. I believe its tied into the projected date of when QE4 is supposed to kick in.
LMAO at the guys thinking that raising taxes will stop the bleeding. I'm going to assume that they/you work for someone else. Why should I take the risk of being a small business owner and employer if my higher profit is going to be taxed to sh*t? Its certainly nice as a Joe Blow punching the clock to hang his headaches at the door when I can't. Enough is enough, we need to drastically cut the spending. I don't beleive it will happan though.
Isn't it supposed 12-12-11, or so the doomsayers say it will end?
Incorrect. Spending has to be cut at the same time, and debt retired.LMAO at the guys thinking that raising taxes will stop the bleeding.
Yes, but far more important is drastically cutting spending. Pretty far off the wall to actually happen. Like I said before, Taxes are enough for the guy taking the risk. Why should I stick my foot out anymore?
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
Reply With Quote
