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Old 09-09-2011, 09:27 AM
 
Location: Free From The Oppressive State
30,268 posts, read 23,751,941 times
Reputation: 38689

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Quote:
Originally Posted by MTAtech View Post
The recession was caused by Wall Street, even though the GOP repeats the zombie lie that it was Fannie Mae and Freddie Mac caused the problem, which just isn't so. It was Wall St. greed buying up worthless mortgages, repackaging them as AAA securities and selling them to unsuspecting investors that caused the economic crash, not the government.
Wrong, the government stuck their slimy little hands in to the business. "Everyone should be allowed to get housing!"

THERE'S A REASON SOME PEOPLE DON'T GET TO HAVE THESE THINGS! They can't afford it.

And it ultimately falls on the consumer. The writing was there, I do NOT feel sympathy for those who did not read the fine print. That is your responsibility as a consumer. That is no one's fault but the consumer. Living beyond their means, the sense of entitlement, greed.

And the banks were forced to do it because Democrats thought everyone should have housing...it just wasn't faaaiiir the other way. Waah!
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Old 09-09-2011, 09:27 AM
 
Location: Florida
76,971 posts, read 47,659,569 times
Reputation: 14806
Quote:
Originally Posted by momonkey View Post
Bush increased the debt by $4 trillion over eight years.
Try six trillion, which means he DOUBLED the debt, and then ran the economy off the cliff.
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Old 09-09-2011, 09:30 AM
 
Location: Florida
76,971 posts, read 47,659,569 times
Reputation: 14806
Quote:
Originally Posted by LetsRock View Post
Taxes need to be cut because the money is not producing anything of value by being cycled through Washington. Let EARNERS keep more of what that produce.

Most large corporations SPONSOR the schools in their immediate area. I will bet more would do this if they did not have to surrender their cash to the federal government to do the same thing.
Sounds like you support the bill.
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Old 09-09-2011, 09:32 AM
 
Location: Free From The Oppressive State
30,268 posts, read 23,751,941 times
Reputation: 38689
Quote:
Originally Posted by KRAMERCAT View Post
Yeah, and I thought that our country was on the brink of bankrupcy? So Obama wants to throw another half trillion on the debt pile to prop us up another year? He is truly a do-nothing president, and whatever he does, stinks. The root cause of our economic woes are that the corporations continue to outsource jobs at an ever increasing pace. That trend has to stop and be reversed. He just doesn't seem to get that. In fact, I don't hear ANY of the talking heads, left or right, speaking to that issue.
When you tax the crap out of businesses, they will look for cheaper ways to do business. This is, in a nutshell, the reason for outsourcing.

All these people want to "tax the rich" and the big businesses. What they don't realize is that those businesses will not hurt one bit because they pass those extra expenses on to us, the consumer while they outsource the jobs.

Give businesses HUGE tax cuts and maybe we can get some of our damn jobs back.
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Old 09-09-2011, 09:32 AM
 
Location: Dallas, TX
31,767 posts, read 28,830,565 times
Reputation: 12341
Quote:
Originally Posted by Yeledaf View Post
why not demonstrate some real creativeness and issue each American household a non-transferable voucher -- which MUST be redeemed within one year (or it is no longer valid), and good only for goods, products, or services made in the USA --- for $3982.30 ($450 billion divided by 113 million)?
How do you propose guaranteeing the aspect of "goods and services only made in the USA"?
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Old 09-09-2011, 09:37 AM
 
1,457 posts, read 2,028,774 times
Reputation: 1407
I support Obama leaving and going back to Chicago...Leave Biden there till the term is done. When the POTUS talks down to us and takes us all for stupid, it wont be as insulting coming from someone as dumb as Biden.
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Old 09-09-2011, 09:38 AM
 
Location: ATX-HOU
10,216 posts, read 8,122,688 times
Reputation: 2037
Quote:
Originally Posted by Three Wolves In Snow View Post
Wrong, the government stuck their slimy little hands in to the business. "Everyone should be allowed to get housing!"

THERE'S A REASON SOME PEOPLE DON'T GET TO HAVE THESE THINGS! They can't afford it.

And it ultimately falls on the consumer. The writing was there, I do NOT feel sympathy for those who did not read the fine print. That is your responsibility as a consumer. That is no one's fault but the consumer. Living beyond their means, the sense of entitlement, greed.

And the banks were forced to do it because Democrats thought everyone should have housing...it just wasn't faaaiiir the other way. Waah!
The government did no such thing. Seriously the democrats "thought everyone should have housing"? A bit revisionist huh?

This mess is everyone's fault, the regulatory measures needed to protect people from themselves were inadequate and now everyone is paying the price.
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Old 09-09-2011, 09:39 AM
 
Location: Alameda, CA
7,605 posts, read 4,848,211 times
Reputation: 1438
Quote:
Originally Posted by RCCCB View Post
It is to get rid of the Obama tax increases and to maybe cut government bloating and government unions by half or more.
It is up over 1000% plus as a percentage of the population since the 60s and that is unsustainable.
What "Obama Tax Increases"? We have essentially the same tax structure as the previous administration.
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Old 09-09-2011, 09:40 AM
 
Location: Pluto's Home Town
9,982 posts, read 13,766,994 times
Reputation: 5691
Quote:
Originally Posted by Frank DeForrest View Post
My god people are so incredibly brainwashed to continually believe government can solve the very problems it creates.

My god people are so incredibly brainwashed to believe tax cuts for billionaire will create jobs and the only real jobs are private sector jobs.
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Old 09-09-2011, 09:42 AM
 
Location: Sierra Vista, AZ
17,531 posts, read 24,706,964 times
Reputation: 9980
Quote:
Originally Posted by Yeledaf View Post
With one small twist.

The cost of the jobs plan is estimated at $450 billion. The census bureau reports that there are about 113 million households in the United States:

USA QuickFacts from the US Census Bureau

Okay, then.

Instead of just handing the cash to a newly-created bureaucracy, and rewarding unions for their support of the Democrats, with the power of the stimulus watered down and chipped away, why not demonstrate some real creativeness and issue each American household a non-transferable voucher -- which MUST be redeemed within one year (or it is no longer valid), and good only for goods, products, or services made in the USA --- for $3982.30 ($450 billion divided by 113 million)?

That way, the money goes to the people who will spend it, depending on their own individual choices and needs. Small and large business will benefit. People will be hired by the private sector. Taxes will be collected. And the entire economy will benefit.

Obama claims that his proposal will benefit each American household by $1500. I have him beat by over two grand!

Good idea? Yes? No? Why?
Good only for items manufactured in the USA
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