Good read.
So true. Especially the last part.His bottom line: "The day of national reckoning has arrived. We will not have a conventional business recovery now, but rather a long hangover of debt liquidation and downsizing ... it's a pity that the modern Republican party offers the American people an irrelevant platform of recycled Keynesianism when the old approach -- balanced budgets, sound money and financial discipline -- is needed more than ever."
no it is time the president has balls and tells other countries the usa forgave debts
so they need to forgive our debts or else we will drop a nuke on them
then balance the budget
if you and I ran our budget like the gov
we will file for bankrapcy every year!
It's pretty telling that the one literal re on the site is of course a hardcore, tea bagging, republican.
I am pretty sure, and someone correct me if I am wrong, that the by far largest holders of US debt continues to be the American people. Required forgivement essentially becomes a REALLY REALLY REALLY REALLY high new tax rate on a portion of the population. Plus, I don't think that America's inhabitants would be very appreciative of America dropping nukes on America.
the usa quits giving money to other nations for national disasters and put that money on the debt would help
Or we just quit gathering thousands of people together to cry socialism over the threat of 3% tax increases on the wealthiest Americans.
At this point, how about both?
Seems to me, linking the op-ed piece from Mr. Stockman would have been more productive and concise than having it filtered through the obvious bias of this marke ch windbag.
How this qualifies as journalism is beyond me. He takes another man's op-ed piece and shoehorns into his intended outcome.
Stockman seems downright communist today. Go figure.
Did you mean to put up stockmans article or farrell?
what I got out of farrell's article is that the republicans used to be better than the dem's politicizing and spending.
So Parker, you think we shouldn't have gotten off the gold standard?
This is the Stockman oped:
http://www.nytimes.com/2010/08/01/op...1stockman.html
I'm not one of the wealthiest, and I expect to see that increase.
Why are you lying?
I think he was quoting the Stockman op-ed:
It is therefore unseemly for the Senate minority leader, Mitch McConnell, to insist that the nation’s wealthiest taxpayers be spared even a three-percentage-point rate increase.
Considering the rate for the wealthiest among tax payers will change from 35% to 39.6%, that too, is inaccurate.
Well, now you're arguing with Stockman. Ultimately, the message he wants to pass has nothing to do with the percentage point figure.
I'm not a big fan of op-eds, but I would recommend reading this one.
I'm not either. And I expect an increase too. I welcome it. And refute the notion that it equates to socialism. It equates to patriotism and common sense and taxation's historical standards.
The gold standard is bull . total farce. scam.
Dont you ever watch the videos I post about the Wizard of Oz?
http://spurstalk.com/forums/showthre...ghlight=wizard
The gold standard is a joke... it's almost prehistoric at this point.
Ron Paul was right about the Iraq War when he stood up against it in 2003, but he's just a one hit wonder. One that even republicans ignore.
i still want to see the person convince people cutting taxes for all while still spending will benefit the budget.
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
Reply With Quote
