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RE: The deficit and what can be done about it. - 8/8/2011 5:15:59 AM   
DomYngBlk


Posts: 3316
Joined: 3/27/2006
Status: offline
quote:

ORIGINAL: MasterJaguar01


quote:

ORIGINAL: willbeurdaddy

Youre the only one debunked. The SS surplus used to buy bonds was SPENT, idiot. Thats why SPENDING was greater than non-SS revenues.


1) I called Steiner an idiot, not you. (Just an FYI...)
2) And yes it was spent, to the US government!

Perhaps an example would help:

Let's say I purchase an auto dealership. That auto dealership consists of three businesses:

1) The business that sells cars
2) An Auto Detail Shop
3) An Auto Repair Shop

Let us also say., that when I purchase the entire dealership, it is losing money overall. I turn around the car selling business to just about break even (up from having a huge deficit). The Auto Detail Shop is already profitable on its own, but I increase its profitability to generate a sizable surplus. I have an internal policy that overall, I want to grow the car selling business so I mandate that all Auto Detail surplus funds be lent to the car selling business. When I take the Balance Sheet as a whole, I have an overall surplus (thanks mainly to by turning around the car selling business, but also to the Auto Detail funds putting me over the top).

The funds are simply owed from my car selling business to my auto detail business, but are not a deficit for the overall dealership.



Way past wilburs ability to reason with that one. He will go straight for the insult....

(in reply to MasterJaguar01)
Profile   Post #: 41
RE: The deficit and what can be done about it. - 8/8/2011 9:43:19 AM   
lockedaway


Posts: 1720
Joined: 3/15/2007
Status: offline
quote:

ORIGINAL: meatcleaver


quote:

ORIGINAL: lockedaway

Wow...what fucking nonsense.  Yeah...the U.S.S.R. was collapsing.  Every idiot liberal on the board says that.  It doesn't matter that communism had, for the most part spread across the globe, that the U.S. had already been relegated to a second rate military power because of the S.A.L.T One treaty or that the asshole Carter damn near committed us to S.A.L.T. Two.  Nope....none of that means anything.  Right? 





You don't read do you? There are vast amounts of papers that came out of Moscow after the USSR's collapse to show you are just a paranoid rightwinger

quote:

ORIGINAL: lockedaway
The U.S. took the U.S.S.R. down just like Reagan said we could in 1954 if we dedicated ourselves to it.  It is fucking amazing how a man can make a pronouncement like that and then, under his watch, make it come true and still not get the credit.



No it didn't. It is that rightwing fantasy that has got the US into so many wars it couldn't win.

quote:

ORIGINAL: lockedaway
All that aside, the debt was 2.7 trillion....big, motherfucking, deal.  Hey Meat....the debt is now 15 trillion and your boy O'scumbag bumped it up in a shorter period of time than any president before him.

Time for a new tag line....




The Republicans created the economic crisis.


Do yourself a favor...there are plenty of books that give Reagan credit for taking down the U.S.S.R.  It is, at this point, a matter of world history.  I would say read one of them....just one.  And whether you give all the credit to Ronnie or you apportion some to Charlie Wilson....I don't care, they were two driven men with the same goal and they accomplished it.

But you aren't going to read any books on the subject.  You may listen to Russian propaganda that puts the blame on themselves for obvious reasons and that's fine.  I don't like to be so easily duped.  You really think the Russians want to acknowledge that one man, a leader of a country,  a man with a political philosophy that is the opposite of communism, a man that preaches liberty, self reliance and the evils of government could energize his people take the U.S.S.R. down in 10 years???  Fuck no they don't because what could the NEXT U.S. president do if he were a more impressive man than his predecessor?

Anyway....limit your talking points to the board so you don't thoroughly fucking embarrass yourself should you ever find yourself in a room with smart people.

(in reply to meatcleaver)
Profile   Post #: 42
RE: The deficit and what can be done about it. - 8/8/2011 5:13:25 PM   
outhere69


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The USSR at the time of Reagan was needing not much more than a fart to blow it into collapse.

< Message edited by outhere69 -- 8/8/2011 5:14:05 PM >

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Profile   Post #: 43
RE: The deficit and what can be done about it. - 8/8/2011 5:40:33 PM   
MileHighM


Posts: 400
Joined: 10/8/2009
Status: offline

quote:

ORIGINAL: jlf1961

The budget deficit climbed during the Bush years, and has continued to climb during the Obama administration.  So to blame one party is absurd.  Both parties are guilty.

Agreed

The problem is the NO ONE can agree on how to solve the problem.

Doubly agreed, which is bad because the economy thrives more from working within a stable government that it can predictably gauge.

The Republicans are stuck on cutting spending, which admittedly needs to be done, but the programs that the Republicans want to cut are programs that should not be touched, such as social security, education, medicare etc.

When the debt is this bad I don't see any sacred cows exempt from spending cuts. Everyone's pet project is at risk when things are this fucked

The Democrats want to raise taxes, which makes sense, increase revenue to cover debts.  HOWEVER, Democrats seem to come up with spending programs that would offset the new revenues.

That's why you need some means of requiring a balanced budget

Now, from my point of view, it would seem that the logical way to proceed would be to increase taxes, primarily the corporate tax loopholes (how many big corporations got away with a zero tax liability?) and coming up with a tax code that does not need a PHD in Accounting to understand.

By definition a simplified tax code gets rid of loopholes, it also reduces the cost of taxcode compliance freeing up other monies

And while raising taxes, cut spending in areas where we over spend, such as Defense, and cutting agencies that have overlapping areas of responsibility.  In other words, and this is coming from a liberal, streamline the fucking government.

Good luck getting that past the public employees unions

Social Security, as designed, is supposed to be self supporting, as is medicare, so leave that alone.  

The key word is 'supposed.' When they were set up as a ponzi scheme to begin with, it is only a matter of time before it falls apart. They have to be reformed for what its worth. If you can reform them without touching them, I would like to see that plan. The trust fund is empty and more money will be going out with baby boomers than what is coming in. Hence, the death of the Ponzi scheme.

The Education system in the United States is lacking, look at the ratings of US students versus other countries.

The stats don't lie, but now we are stuck fixing it without being able to invest another dime in the system. So, I hope you mean a plan that doesn't involve further expenditure

And if other countries are going to use protective tariffs to help their industries, the US should do the same to protect producers in the US.  In other words, the US should play by the same rules as other countries.

Be wary of another Smoot/Hawley situation. The last thing we want is a trade war. Condsidering we damn near export nothing to China and import away, I can get behind tariffs on Chinese goods, but to be fair, if the Chinese can verify that they made a product paying a fair wage, without dumping chemicals in rivers, that their workforce was only required to work reasonable hours in safe conditions, and children were not employed at the factory (basically make the product under US regs), I would exempt it from tarriff. That would level the playing field considerably and protect the poor in both countries.

Finally, one question, how many countries besides the US maintains Military installations outside their borders?  I am sure we could bring the majority of our military back to the states and save a good percentage of the defense budget.
At the very least, we should get out of the sandbox


(in reply to jlf1961)
Profile   Post #: 44
RE: The deficit and what can be done about it. - 8/10/2011 3:51:36 AM   
MasterJaguar01


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Joined: 12/2/2006
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quote:

ORIGINAL: Termyn8or

"This "EXTRA Debt" he talks about is SURPLUS Social Security money used to buy Government bonds. To count it as debt is ridiculous."

But the government saw that money sitting there and fucking took it. It must be paid back and as such I find it hard to fathom how someone could see that as NOT debt.




Actually not a bad point. Let me rephrase: To count it as part of the deficit "spending VS revenue" is ridiculous.

Also, unlike what Reagan was notorious for (raiding SS and selling it bonds) when SS did not have a surplus, this was truly an SS surplus and SS is mandated by law to buy bonds with it. This case was not "the government seeing it sitting there and f'ing taking it"



< Message edited by MasterJaguar01 -- 8/10/2011 3:52:42 AM >

(in reply to Termyn8or)
Profile   Post #: 45
RE: The deficit and what can be done about it. - 8/10/2011 4:00:31 AM   
Sanity


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From: Nampa, Idaho USA
Status: offline

Reagan was the only one who believed that at the time.

quote:

ORIGINAL: outhere69

The USSR at the time of Reagan was needing not much more than a fart to blow it into collapse.


_____________________________

Inside Every Liberal Is A Totalitarian Screaming To Get Out

(in reply to outhere69)
Profile   Post #: 46
RE: The deficit and what can be done about it. - 8/10/2011 4:18:48 AM   
rulemylife


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Joined: 8/23/2004
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The defense budget is the primary problem in my opinion.

I didn't look this up, but from memory I think it is 25 times the budget of the next nearest country, which I believe is China.

(in reply to jlf1961)
Profile   Post #: 47
RE: The deficit and what can be done about it. - 8/10/2011 4:24:13 AM   
rulemylife


Posts: 14614
Joined: 8/23/2004
Status: offline
quote:

ORIGINAL: Sanity


Reagan was the only one who believed that at the time.

quote:

ORIGINAL: outhere69

The USSR at the time of Reagan was needing not much more than a fart to blow it into collapse.



REALLY??????????

How about Lech Walesa and the Solidarity movement, Pope John Paul, not to mention others who played a far greater role than Reagan ever did.

But you keep genuflecting before the ghost of Saint Ronnie.

< Message edited by rulemylife -- 8/10/2011 4:25:09 AM >

(in reply to Sanity)
Profile   Post #: 48
RE: The deficit and what can be done about it. - 8/10/2011 5:50:06 AM   
Louve00


Posts: 1674
Joined: 2/1/2009
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This is an article from a local paper down here in Fla.  It's not about either party, rather about both.  While it doesn't give us a solution to the debt problem, it is an accurate summary of who is....

545 vs. 300,000,000 People -By Charlie Reese

Politicians are the only people in the world who create problems and then campaign against them.

Have you ever wondered, if both the Democrats and the Republicans are against deficits, WHY do we have deficits?

Have you ever wondered, if all the politicians are against inflation and high taxes, WHY do we have inflation and high taxes?

You and I don't propose a federal budget. The President does.

You and I don't have the Constitutional authority to vote on appropriations. The House of Representativesdoes.

You and I don't write the tax code, Congress does.

You and I don't set fiscal policy, Congress does.

You and I don't control monetary policy, the Federal Reserve Bank does.

One hundred senators, 435 congressmen, one President, and nine Supreme Court justices equates to 545 human beings out of the 300 million are directly, legally, morally, and individually responsible for the domestic problems that plague this country.

I excluded the members of the Federal Reserve Board because that problem was created by the Congress. In 1913, Congress delegated its Constitutional duty to provide a sound currency to a federally chartered, but private,central bank.

I excluded all the special interests and lobbyists for a sound reason. They have no legal authority. They have no ability to coerce a senator, a congressman, or a President to do one cotton-picking thing. I don't care if they offer a politician $1 million dollars in cash. The politician has the power to accept or reject it. No matter what the lobbyist promises, it is the legislator's responsibility to determine how he votes.

Those 545 human beings spend much of their energy convincing you that what they did is not their fault. They cooperate in this common con regardless of party.

What separates a politician from a normal human being is an excessive amount of gall. No normal human being would have the gall of a Speaker, who stood up and criticized the President for creating deficits. The President can only propose a budget. He cannot force the Congress to accept it.

The Constitution, which is the supreme law of the land, gives sole responsibility to the House of Representatives for originating and approving appropriations and taxes. Who is the speaker of the House?John Boehner. He is the leader of the majority party. He and fellow House members, not the President, can approve any budget they want. If the President vetoes it, they can pass it over his veto if they agree to.

It seems inconceivable to me that a nation of 300 million cannot replace 545 people who stand convicted -- by present facts -- of incompetence and irresponsibility. I can't think of a single domestic problem that is not traceable directly to those 545 people. When you fully grasp the plain truth that 545 people exercise the power of the federal government, then it must follow that what exists is what they want to exist.

If the tax code is unfair, it's because they want it unfair.

If the budget is in the red, it's because they want it in the red.

If the Army & Marines are in Iraq and Afghanistan it's because they want them in Iraq and Afghanistan ...

If they do not receive social security but are on an elite retirement plan not available to the people, it's because they want it that way.

There are no insoluble government problems.

Do not let these 545 people shift the blame to bureaucrats, whom they hire and whose jobs they can abolish; to lobbyists, whose gifts and advice they can reject; to regulators, to whom they give the power to regulate and from whom they can take this power. Above all, do not let them con you into the belief that there exists disembodied mystical forces like "the economy," "inflation," or "politics" that prevent them from doing what they take an oath to do.

Those 545 people, and they alone, are responsible.

They, and they alone, have the power.

They, and they alone, should be held accountable by the people who are their bosses.

Provided the voters have the gumption to manage their own employees...

We should vote all of them out of office and clean up their mess!

Tax his land,
Tax his bed,
Tax the table,
At which he's fed.

Tax his tractor,
Tax his mule,
Teach him taxes
Are the rule.

Tax his work,
Tax his pay,
He works for
peanuts anyway!

Tax his cow,
Tax his goat,
Tax his pants,
Tax his coat.

Tax his ties,
Tax his shirt,
Tax his work,
Tax his dirt.

Tax his tobacco,
Tax his drink,
Tax him if he
Tries to think.

Tax his cigars,
Tax his beers,
If he cries
Tax his tears.

Tax his car,
Tax his gas,
Find other ways
To tax his ass.

Tax all he has
Then let him know
That you won't be done
Till he has no dough.

When he screams and hollers;
Then tax him some more,
Tax him till
He's good and sore.

Then tax his coffin,
Tax his grave,
Tax the sod in
Which he's laid...

Put these words
Upon his tomb,
'Taxes drove me
to my doom...'

When he's gone,
Do not relax,
Its time to apply
The inheritance tax.
_________________________________________________________

Consider these current taxes and how long they have existed....

Accounts Receivable Tax
Building Permit Tax
CDL license Tax
Cigarette Tax
Corporate Income Tax
Dog License Tax
Excise Taxes
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax
Fuel Permit Tax
Gasoline Tax (currently 44.75 cents per gallon)
Gross Receipts Tax
Hunting License Tax
Inheritance Tax
Inventory Tax
IRS Interest Charges IRS Penalties (tax on top of tax)
Liquor Tax
Luxury Taxes
Marriage License Tax
Medicare Tax
Personal Property Tax
Property Tax
Real Estate Tax
Service Charge Tax
Social Security Tax
Road Usage Tax
Recreational Vehicle Tax
Sales Tax
School Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone Federal Excise Tax
Telephone Federal Universal Service Fee Tax
Telephone Federal, State and Local Surcharge Taxes
Telephone Minimum Usage Surcharge Tax
Telephone Recurring and Nonrecurring Charges Tax
Telephone State and Local Tax
Telephone Usage Charge Tax
Utility Taxes
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft Registration Tax
Well Permit Tax
Workers Compensation Tax

STILL THINK THIS IS FUNNY?
Not one of these taxes existed 100 years ago, & our nation was the most prosperous in the world. We had absolutely no national debt, had the largest middle class in the world, and Mom stayed home to raise the kids.

What in the heck happened? Can you spell 'politicians?'

http://www.orangepower.com/threads/charley-reeses-final-column-for-the-orlando-sentinel.116016/



_____________________________

For the great majority of mankind are satisfied with appearance, as though they were realities and are often more influenced by the things that seem than by those that are. - Niccolo Machiavelli

(in reply to rulemylife)
Profile   Post #: 49
RE: The deficit and what can be done about it. - 8/10/2011 11:56:48 AM   
MasterSlaveLA


Posts: 3991
Status: offline
quote:

ORIGINAL: jlf1961

The deficit and what can be done about it



Bipartisan Solution:  http://www.youtube.com/watch?v=VepS-IyKOLE








Attachment (1)

_____________________________

It's only kinky the first time!!!

(in reply to jlf1961)
Profile   Post #: 50
RE: The deficit and what can be done about it. - 8/10/2011 9:26:02 PM   
willbeurdaddy


Posts: 11894
Joined: 4/8/2006
Status: offline

quote:

ORIGINAL: Termyn8or

"This "EXTRA Debt" he talks about is SURPLUS Social Security money used to buy Government bonds. To count it as debt is ridiculous."

Bullshit. Insurance Cos are required to have X amount of capitalisation, they can't touch that money and if they do to pay claims, they must not write policies beyond their limit, which is based on that amount of capitalisation.

But the government saw that money sitting there and fucking took it. It must be paid back and as such I find it hard to fathom how someone could see that as NOT debt.

Of course Willie is going to have something to say, and probably throw in an insult or two at me, but fukit, that' CM.

The FACT is, they put their hand in the fucking cookie jar without permission. OUR COOKIE JAR.

Keep your powder dry.

T^T


Why would I when you have one right for a change. Of course its debt, and of course the money was spent, in excess of tax revenues. Trying to somehow claim that ISNT debt would have generated an insult. :)

_____________________________

Hear the lark
and harken
to the barking of the dogfox,
gone to ground.

(in reply to Termyn8or)
Profile   Post #: 51
RE: The deficit and what can be done about it. - 8/10/2011 9:43:49 PM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline
quote:

ORIGINAL: jlf1961

The budget deficit climbed during the Bush years, and has continued to climb during the Obama administration.  So to blame one party is absurd.  Both parties are guilty.

The problem is the NO ONE can agree on how to solve the problem.

The Republicans are stuck on cutting spending, which admittedly needs to be done, but the programs that the Republicans want to cut are programs that should not be touched, such as social security, education, medicare etc.

The Democrats want to raise taxes, which makes sense, increase revenue to cover debts.  HOWEVER, Democrats seem to come up with spending programs that would offset the new revenues.

Now, from my point of view, it would seem that the logical way to proceed would be to increase taxes, primarily the corporate tax loopholes (how many big corporations got away with a zero tax liability?) and coming up with a tax code that does not need a PHD in Accounting to understand.

And while raising taxes, cut spending in areas where we over spend, such as Defense, and cutting agencies that have overlapping areas of responsibility.  In other words, and this is coming from a liberal, streamline the fucking government.

Social Security, as designed, is supposed to be self supporting, as is medicare, so leave that alone.  

The Education system in the United States is lacking, look at the ratings of US students versus other countries.

And if other countries are going to use protective tariffs to help their industries, the US should do the same to protect producers in the US.  In other words, the US should play by the same rules as other countries.

Finally, one question, how many countries besides the US maintains Military installations outside their borders?  I am sure we could bring the majority of our military back to the states and save a good percentage of the defense budget.


Man you have all of the right questions. The repubs want to spend and want somebody else to pay for it so they borrow it. The left wants to tax and spend, to pay for it now.

Trouble is, none of it matters. We dance around the edges of our fiscal regime. If...IF there was any real concern as to the future fiscal harmony in this country one discovered in say 10 years...forget it.

When govt. simultaneously cut...cut trillion in taxes, go into to 2 wars and then pass the largest transportation bill in history, add a huge new drug benefit, borrow it all and then continue the tax cuts...just what do you think is up ?

The world IS...IS debt. US and European debt WAS the goal.  Look at the poverty in other countries...that is our next import...poverty and it is all by design and it is working beautifully.

(in reply to jlf1961)
Profile   Post #: 52
RE: The deficit and what can be done about it. - 8/10/2011 9:53:16 PM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline
quote:

ORIGINAL: willbeurdaddy

quote:

ORIGINAL: Termyn8or

"This "EXTRA Debt" he talks about is SURPLUS Social Security money used to buy Government bonds. To count it as debt is ridiculous."

Bullshit. Insurance Cos are required to have X amount of capitalisation, they can't touch that money and if they do to pay claims, they must not write policies beyond their limit, which is based on that amount of capitalisation.

But the government saw that money sitting there and fucking took it. It must be paid back and as such I find it hard to fathom how someone could see that as NOT debt.

Of course Willie is going to have something to say, and probably throw in an insult or two at me, but fukit, that' CM.

The FACT is, they put their hand in the fucking cookie jar without permission. OUR COOKIE JAR.

Keep your powder dry.

T^T


Why would I when you have one right for a change. Of course its debt, and of course the money was spent, in excess of tax revenues. Trying to somehow claim that ISNT debt would have generated an insult. :)

That's also why it isn't...isn't an 'entitlement' nearly as much as other govt. handouts and welfare, especially the producer or corporate kind.

The squandering of the SS over funding is the most reckless, politically egregious and irresponsible fiscal robbery in the last 100 years.

(in reply to willbeurdaddy)
Profile   Post #: 53
RE: The deficit and what can be done about it. - 8/10/2011 9:59:01 PM   
willbeurdaddy


Posts: 11894
Joined: 4/8/2006
Status: offline

quote:

ORIGINAL: MrRodgers

.

The squandering of the SS over funding is the most reckless, politically egregious and irresponsible fiscal robbery in the last 100 years.



Too bad it never happened.

_____________________________

Hear the lark
and harken
to the barking of the dogfox,
gone to ground.

(in reply to MrRodgers)
Profile   Post #: 54
RE: The deficit and what can be done about it. - 8/10/2011 10:04:35 PM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline
quote:

ORIGINAL: meatcleaver

quote:

ORIGINAL: lockedaway

Hey.....Meatcleaver.....are you paying attention??? 


Those figures are nicely chosen to look good but are fantasy because they are out of context.

GDP is a pretty pointless measure. All I have to do is give you a $1 for opening the door and then you give it back to me for holding the same door open for you and our (personal) GDP has been doubled without creating any wealth.

Thank you...you are correct. Most of western civilization counts as GDProduct everything financial...which 'produces' nothing. See Lord Turner on banks.

(in reply to meatcleaver)
Profile   Post #: 55
RE: The deficit and what can be done about it. - 8/10/2011 10:11:08 PM   
Marini


Posts: 3629
Joined: 2/14/2010
Status: offline
quote:

ORIGINAL: MrRodgers

Man you have all of the right questions. The repubs want to spend and want somebody else to pay for it so they borrow it. The left wants to tax and spend, to pay for it now.

Trouble is, none of it matters. We dance around the edges of our fiscal regime. If...IF there was any real concern as to the future fiscal harmony in this country one discovered in say 10 years...forget it.

When govt. simultaneously cut...cut trillion in taxes, go into to 2 wars and then pass the largest transportation bill in history, add a huge new drug benefit, borrow it all and then continue the tax cuts...just what do you think is up ?

The world IS...IS debt. US and European debt WAS the goal.  Look at the poverty in other countries...that is our next import...poverty and it is all by design and it is working beautifully.



This global economy is remarkable isn't it?
ha!

< Message edited by Marini -- 8/10/2011 10:13:46 PM >


_____________________________

As always, To EACH their Own.
"And as we let our own light shine, we unconsciously give other people permission to do the same. "
Nelson Mandela
Life-long Democrat, not happy at all with Democratic Party.
NOT a Republican/Moderate and free agent

(in reply to MrRodgers)
Profile   Post #: 56
RE: The deficit and what can be done about it. - 8/10/2011 10:11:41 PM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline
quote:

ORIGINAL: MasterJaguar01

quote:

ORIGINAL: willbeurdaddy

Clinton never reduced the total debt, never had a surplus (same thing).


This is a bit revisionist.

From the CBO and factcheck.org:



Here is the link from factcheck.org

http://www.factcheck.org/2008/02/the-budget-and-deficit-under-clinton/


The right believes their own lies and then must conjure up lies about the left.

Carter won he cold war by getting Pershing II intermediate range nukes installed on the ground in Europe and by in FACT having been on Rickover's staff, made sure to bring all of our tech superiority to all of the military and in particular...the navy.

The right loves to...needs to alter history to accommodate their political fantasies.

(in reply to MasterJaguar01)
Profile   Post #: 57
RE: The deficit and what can be done about it. - 8/10/2011 10:14:26 PM   
Real0ne


Posts: 21189
Joined: 10/25/2004
Status: offline
quote:

ORIGINAL: meatcleaver
Reagan turned the US from a creditor nation into a debtor nation.


that is simply not correct.

fdr is the one that made it official and he stacked the courts to do it because it was unconstitutional.

I posted the eo's many times.


_____________________________

"We the Borg" of the us imperialists....resistance is futile

Democracy; The 'People' voted on 'which' amendment?

Yesterdays tinfoil is today's reality!

"No man's life, liberty, or property is safe while the legislature is in session

(in reply to meatcleaver)
Profile   Post #: 58
RE: The deficit and what can be done about it. - 8/10/2011 10:16:01 PM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline
quote:

ORIGINAL: willbeurdaddy

quote:

ORIGINAL: MrRodgers.

The squandering of the SS over funding is the most reckless, politically egregious and irresponsible fiscal robbery in the last 100 years.



Too bad it never happened.

It most certainly did. Even Bush admitted $1.37 trillion on his watch in 8 years...just squandered. Every repub and dem has used it to 'cover' a large portion of their borrowing since '83.

(in reply to willbeurdaddy)
Profile   Post #: 59
RE: The deficit and what can be done about it. - 8/10/2011 10:18:39 PM   
Marini


Posts: 3629
Joined: 2/14/2010
Status: offline
quote:

ORIGINAL: MrRodgers

quote:

ORIGINAL: willbeurdaddy

quote:

ORIGINAL: MrRodgers.

The squandering of the SS over funding is the most reckless, politically egregious and irresponsible fiscal robbery in the last 100 years.



Too bad it never happened.

It most certainly did. Even Bush admitted $1.37 trillion on his watch in 8 years...just squandered. Every repub and dem has used it to 'cover' a large portion of their borrowing since '83.




SS is an "entitlement this days", lol.
Squandering is an excellent way to explain what happened to it.

Do you ever pinch yourself in the middle of the day, and say "I want to wake up now from this nightmare?", and realize you are awake!

< Message edited by Marini -- 8/10/2011 10:20:36 PM >


_____________________________

As always, To EACH their Own.
"And as we let our own light shine, we unconsciously give other people permission to do the same. "
Nelson Mandela
Life-long Democrat, not happy at all with Democratic Party.
NOT a Republican/Moderate and free agent

(in reply to MrRodgers)
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