rockon
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Post by rockon on Aug 8, 2011 14:33:33 GMT -5
Remember my statement is that the Tea Party position is the right one. They want a balanced budget but did not get what they wanted nor were they happy with the bill that passed. There are not even close to enough Tea Party members to obstruct any bill from passing congress. It is very likely that this downgrade would not have even been considered had the current President, President Bush and congress recognized the obvious and heeded the warnings from these agencies prior to this debate on the budget suggesting that something must be done to change our direction. This congress did work around the Tea Party and passed a bill that did nothing to resolve our position. The simple fact is that it is compromise on the fundamental principles that got us where we are today. Most high school students know enough about economics to know that you can't spend money like Bush and Obama have and not end up broke. There is nothing wrong with increasing revenue either as long as it is increased equally and if spending is restrained so the money gets used wisely. I would really like to know if the people who constantly yammer on about taxing the "rich" would also support raising the rates on everyone else back up to where they were under Clinton or if they realize the "rich" are going to be hit for another 3.8% on certain gains from the health insurance reform bill.
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rockon
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Post by rockon on Aug 8, 2011 14:52:03 GMT -5
Our revenue has been increasing for decades but our deficits and debt has continued to rise. It should be apparent to most by now that our elected government will spend everything and more than they can get. That can only happen for so long before the shit hits the fan and we are just reaching that point now. The other fundamental that is having a major impact on our economy is our insane trade agreements with countries like China. These types of decisions are almost beyond believe but the only person that has even mentioned them was Trump. Our country is still a long ways from fixing our problems and in all honestly we may be too late because we haven't even reached step one which is to recognize and acknowledge that we even have a serious problem.
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Bluerobin
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Post by Bluerobin on Aug 8, 2011 15:02:53 GMT -5
Far as I am concerned, the tp caused the downgrade and today's slide in the market. I will not be voting for the AH tea partier who is my rep. In fact, I will be supporting his opponent, regardless of his party, and may even work for the opposition. This idiot has to go.
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Trongersoll
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Post by Trongersoll on Aug 8, 2011 15:13:12 GMT -5
Far as I am concerned, the tp caused the downgrade and today's slide in the market. I will not be voting for the AH tea partier who is my rep. In fact, I will be supporting his opponent, regardless of his party, and may even work for the opposition. This idiot has to go. the Tea Party caused the downgrade? Well, good on them then. I've always thought that borrowing to pay the interest on what you have already borrowed was the road to disaster, certainly not AAA behavior. Importing more than you export year after year doesn't help either. It feels like the US's number one export is money. Someday the bills are going to come due and it looks like that someday will be here soon.
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floridayankee
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Post by floridayankee on Aug 8, 2011 15:34:22 GMT -5
Far as I am concerned, the tp caused the downgrade and today's slide in the market. Pretty effective for a bunch or rednecks clinging to their guns and bibles (or whatever the old "insult" was), eh? Thanks to them, the S&P sent a mild message to tell us if our unsustainable fiscal policy and dysfunctional government doesn't change course soon, today's action will seem like child's play. If you folks don't get the message yet, what's it going to take? Maybe a lower grade by S&P or perhaps a Moody and Fitch need to follow suit and downgrade our debt as well? But...sit back and point fingers at one party, person, organization and keep your head buried in the partisan sands of your chosen political party rather than face reality. We have another year and a half before we bump in to the new debt ceiling and go through this shit again.
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Bluerobin
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Post by Bluerobin on Aug 8, 2011 15:36:50 GMT -5
fy, we got the message all right. The tp has got to go! Why not point fingers? Everyone blames Barry, even for the shit others caused.
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Politically_Incorrect12
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Post by Politically_Incorrect12 on Aug 8, 2011 15:44:04 GMT -5
fy, we got the message all right. The tp has got to go! Why not point fingers? Everyone blames Barry, even for the shit others caused. You're probably right...we can just keep printing money and making the dollar worth less and less, that won't cause any problems at all (this was sarcasm in case anybody didn't get it). You're also probably right, we don't need any party that actually tells people we need to watch what we spend...fantasy is so much more fun to spout off in order to get elected.
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Politically_Incorrect12
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Post by Politically_Incorrect12 on Aug 8, 2011 15:51:24 GMT -5
magic, I want the symbolism the tp is so big on, like their symbolic laws! We could easily do with 15,000 congressional staffers. I do not agree with targeting the poorest citizens who have no lobby or check book to defend them. Frugality begins at home. The tp is a vile bunch of misfits as far as I am concerned. They hate their fellow man, and want to make the downtrodden more miserable. Let's cut all subsidies and all foreign aid first. If our troops are really needed overseas, let the host nations pay us for being there, etc. There are many cuts that can be made before targeting citizens. Yes, eventually, we will have to raise revenue. This is kind of like saying that company who is going bankrupt doesn't care about it's employees because it has to lay off some people and doesn't give the others a raise.
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Bluerobin
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Post by Bluerobin on Aug 8, 2011 15:56:07 GMT -5
PI 12, actually, companies going bankrupt act very much like congress and the tp obstructionists. Time they started listening to their constituents. Congress has no right to tell the people anything. They are not the stern fathers, they are the public servants.
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Post by magichat on Aug 8, 2011 15:57:56 GMT -5
Wow the ignorance runs deep with this one.
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Bluerobin
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Post by Bluerobin on Aug 8, 2011 16:06:05 GMT -5
I feel the same way magic!
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Deleted
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Post by Deleted on Aug 8, 2011 16:50:05 GMT -5
Also note that in the analogy, the Tea Party patriots who get farm subsidies are somehow painted as the victims. You know Conservatives just love to whip out that victim card.
Sorry Mkitty. Next time I'll try to think one up with that broken liberal baby that you guys like to talk about so much. ;D
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Deleted
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Post by Deleted on Aug 8, 2011 17:00:01 GMT -5
Far as I am concerned, the tp caused the downgrade and today's slide in the market. I will not be voting for the AH tea partier who is my rep. In fact, I will be supporting his opponent, regardless of his party, and may even work for the opposition. This idiot has to go.
Bluerobin, I think most of us already knew that you weren't voting for a Tea Party member. Your left & they are ultra right so I think people added that up a long time ago. But I do thank you for confirming it.
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Deleted
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Post by Deleted on Aug 8, 2011 17:17:48 GMT -5
Mkitty, sorry you didn't like my murder example. How about this one.
I'm a conservative. I don't believe in taking handouts from the government in just about any form.
All my life I have been paying into the SS system & real soon now I can fill out some paperwork & start getting money from that system. Now when I paid into the system I wasn't actually paying in for me......I was paying someone else's SS payment (socialism at it's finest). Now here's the quandary. I paid into the system but here it is time to collect & it turns out that I don't need that money because it turns out that we are pretty well off.
Had you asked me 5 years ago I probably would have told you that I just wouldn't bother to collect (why bother because I don't need it). The problem is that I spent a lot of that 5 years hear reading the money boards. I know that if the government isn't hurting on money then the liberals will just start yet another social program & screw another generation of poor people by convincing them that they don't have to work to live, they can just sit on their butts & collect money, housing, etc & the 52% of the country that does pay taxes will support them.
Boy that goes against my grain. Screwing poor people & taking all that money that I don't need. Hell the best use for it that I can think of is probably buying a boat & I just don't like to fish that much. Now I could give it to the poor but because of our liberal friends they get money (& screwed) anyway. So what to do?
I think that I will take the money (which is against my principles) simply to keep liberals from getting it. Then I'll just give it to the local humane society (liberals don't care for animals I guess) & then get the tax break for charity contributions which will cut down the taxes I pay (& the money that liberals want to get to spend) even more.
So in closing I'm going to do something that I wouldn't normally do because it's there & I can do it. I get the benefit of helping animals, stealing from liberals pockets, getting a tax break & thus stealing more from liberals pockets just because the systems allows me too. Does that explain it a bit better for you?
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Post by Mkitty is pro kitty on Aug 8, 2011 17:34:36 GMT -5
For the most part the Humane Society is a liberal organization. If it were a Conservative one, pets would be pulled up by their bootstraps and be made to work 40 hours a week. Sorry Rex , you'll have to work at the coal mine, and Bootsie, you'll have to flip burgers. Remember: giving money to anyone that can't or won't support themselves is a definite Conservative no-no! So thanks for giving a liberal cause your support!
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Angel!
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Post by Angel! on Aug 8, 2011 17:51:32 GMT -5
As a liberal, I am glad you will help the humane society (I always thought it was a more liberal organization, but what do I know). I also don't consider you taking SS to be stealing from anyone. The way the system is currently setup you are entitled to that money - that isn't stealing. If you had to lie to get the money, then that would be stealing. But, more power to you if you think you are sticking it to liberals.
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Deleted
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Post by Deleted on Aug 8, 2011 18:43:37 GMT -5
For the most part the Humane Society is a liberal organization. If it were a Conservative one, pets would be pulled up by their bootstraps and be made to work 40 hours a week. Sorry Rex , you'll have to work at the coal mine, and Booties, you'll have to flip You got me that it. It is liberal isn't it. I should have put it together just from the commercials about spading & neutering. That's a liberal program that they push for people too.
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Deleted
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Post by Deleted on Aug 8, 2011 18:45:24 GMT -5
But, more power to you if you think you are sticking it to liberals. Thanks Angel. I know that there's nothing in the world a liberal likes less than a conservative with an empty pocket.
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humok
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Post by humok on Aug 8, 2011 19:20:03 GMT -5
geesh....his fault..my fault...her fault...tea patier's fault....get real...it is all of our fault for letting the govt run rampant giving away the hard earned money of its citizens(us). we have turned or backs for as long as I can remember....I can remember back in the 70's complaining about the spending and giving other countries way too much money and most just said "what are you going to do? the govt does what it wants to so just do not worry about it". I call that the cowards way out...the govts fault?...No it is our fault(we are the govt and hight time to realize that fact and demand they stop taking away from our citizens and stop giving to other countries first and stop all of this grant bs for studying the (for example) effects of large quantities of Ntrosemines (probably mis-spelled that)found in bacon and beer. Did you know if you eat 15 lb's of bacon for a year it might cause cancer? Wake up people.
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cereb
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Post by cereb on Aug 8, 2011 19:39:53 GMT -5
That doesn't negate the fact that they're the only hope America has of staving off eventual insolvency. WRONG...We would have had a 4+ TRILLION Dollar BUDGET CUT if the Tea Party had compromised like everyone else did. And AMericans know this. Then we would not have had a downgrade. Exactly. K to you.
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formerexpat
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Post by formerexpat on Aug 8, 2011 20:22:42 GMT -5
This is just about the dumbest thing I've ever read here. I guess I can blame Equifax, Experian and Transunion for the downgrade of my credit instead of my overindulgence, over spending and financial irresponsibility. No wonder we've got the issues in DC we've got when this is the reaction to fiscal responsibility. That, and this idiocy doesn't help either. Smoke and mirrors created a $4TR budget cut - all of which could have been wiped out with the stroke of a pen. money.cnn.com/2011/02/14/news/economy/obama_budget/index.htmObama's budget proposal - deficits of over $500 billion in 2021. And it doesn't help that his budget office assumes 4-6 GDP growth in some of those years. Sounds like a big number that he's going to slash the deficit by $1.1 trillion until you remember that it's increased from just over $100bn in 2006 to $1.6 trillion a year. This is going to hurt the boomers bad. The Obama administration has officially put the nail in your coffin...before you even die. Unfortunately, even I was wrong - this guy isn't as bad as Carter - he is much, much worse.
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Deleted
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Post by Deleted on Aug 8, 2011 20:23:50 GMT -5
Today at 7:10am, Virgil Sovereign wrote: That doesn't negate the fact that they're the only hope America has of staving off eventual insolvency. WRONG...We would have had a 4+ TRILLION Dollar BUDGET CUT if the Tea Party had compromised like everyone else did. And Americans know this.
Then we would not have had a downgrade.
Wow, somebody posted it & somebody else believed it. People amaze me, they will truly believe anything.
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Post by magichat on Aug 8, 2011 20:39:45 GMT -5
I feel the same way magic! Explain where I have been wrong, if you can.
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rockon
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Post by rockon on Aug 8, 2011 21:35:39 GMT -5
Alright for starters I need someone to tell me how the Tea Party backed members could block anything? Then I need to know if you feel the same way about the Democrats who voted against this bill? Then I would like to know why so many keep repeating this statement just because the President and media have been saying it? It is the classic example of sheeple blindly repeating things they hear without even thinking about what was said. At the end of the day the Tea Party is still for the correct thing. A balanced budget. Is their anyone who can make an argument against that position?
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OldCoyote
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Post by OldCoyote on Aug 8, 2011 22:27:52 GMT -5
$4,000,000,000,000.00 was nothing but wind and rabbit tracks. Sounded good. In the end there was nothing solid about it.
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Bluerobin
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Post by Bluerobin on Aug 9, 2011 6:01:22 GMT -5
oldtex, I am a lifelong republican. I just think the tp is something we don't need. It is causing a big mess and the good old party will be left to clean it up. Simplistic, idealist zealots never have the answer, but always think they do. The debt crisis has to be addressed, but in a different manner.
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rockon
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Post by rockon on Aug 9, 2011 6:44:49 GMT -5
Blue, Please explain your different manner. Not saying your wrong but we can only get out of this by balancing the budget and developing a plan to pay down our debt. The only real conversation should revolve around this premise whether that is with an amendment or an agreement or an oath. When I look at what everyone is saying I only hear the Tea Party backed members saying this. Why don't you hear the President and congress (or posters on this board) supporting this position? Cutting even 4 trillion from our deficit over ten years will not address this issue quick enough since we would add about 7-8 trillion more to our debt load in the mean time. Secondly raising revenue through taxation means the government has to remove money from our economy before they can spend it and thats why any sustainable revenue increase has to come from an economic recovery with private sector jobs.
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Post by magichat on Aug 9, 2011 7:08:46 GMT -5
That's what I thought Blue... Claiming to be a lifelong republican doesn't help your cause, it just shows you voted for the other side of the dime.
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Bluerobin
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Post by Bluerobin on Aug 9, 2011 7:23:35 GMT -5
rockon, Yep, but a 10 year plan is better than nothing. The deficit took decades of overspending to create. To advocate or believe it can be cured in a relatively short time is foolishness. It is a problem that needs to be addressed. Step 1 should be to get people working, so as to increase the revenue stream. Tax increases are probably inevitable, but if we can get most back to work, that will help. The Bush tax cuts didn't work, so no sense in keeping them. We have to stop the spending, eliminate waste, then look at what revenues we can raise. You have to take one step at a time. The tp is too immature to realize this.
Magic, it is a fact. I just am not on the radical right. There is a big difference. For example, I don't give a damn about abortion, since I will never have to have one. However, we do have an obligation to help the less fortunate. Note, help, not enable.
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Post by magichat on Aug 9, 2011 7:33:09 GMT -5
rockon, Yep, but a 10 year plan is better than nothing. The deficit took decades of overspending to create. To advocate or believe it can be cured in a relatively short time is foolishness. It is a problem that needs to be addressed. Step 1 should be to get people working, so as to increase the revenue stream. Tax increases are probably inevitable, but if we can get most back to work, that will help. The Bush tax cuts didn't work, so no sense in keeping them. We have to stop the spending, eliminate waste, then look at what revenues we can raise. You have to take one step at a time. The tp is too immature to realize this. Magic, it is a fact. I just am not on the radical right. There is a big difference. For example, I don't give a damn about abortion, since I will never have to have one. However, we do have an obligation to help the less fortunate. Note, help, not enable. Bullshit, the federal government is unconstitutionally taking my money and giving it to the poor. I will await your tired and ridiculous general welfare argument.
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