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btw, we are doing house shopping in Keller this weekend . .
OK, you seem sincere, but . . .
If this were to pay down the debt, the .gov would just be back-filling more debt in faster than you can bail it out. Sorry just the way it is. Even if it came with a No More Deficits Law -- still would not matter, because crooks would do the same crooked stunts as Bush and R's did by running the Endless Wars [tm] off the books and rolling them straight into debt.
Ever deal with a drunk or junkie? You cannot wish or want them off their problems no matter how hard you try. They Have to Hit Their Own Bottom FIRST. US aint there, yet. We still have some serious sh1t-sandwich eating ahead before we hit bottom and can grow up.
I do??? I was going for sarcastic and fatalistic. No, really, I think it's totally unworkable and monumentally unrealistic... but so is every other outcome in the long run. Like I said, just a thought experiment, meant to facilitate discussion.
Quote:
Originally Posted by Philip T
btw, we are doing house shopping in Keller this weekend . .
Ah, very nice. It's a good little town although I have a dream that they'll send that train underground. I'll be the courteous motorcyclist wearing the red and black jacket on the very quiet little blue bike.
A typical slave class proposition that has no idea what the real problem is.
1. The dollar is a debt currency. We cannot pay off the national debt unless we want to use sea shells.
2. We could pay off the national debt tomorrow. Its easy. Ask me how.
3. You can't pay off a trade deficit.
4. You actually need to stop the spending, not pay off the debt. In real terms its what share of the resource government consumes NOW. Debt is only a book keeping concern.
5. We would just spend more since we are collecting more taxes.
6. The additional tax would kill even more of the economy.
btw, we are doing house shopping in Keller this weekend . .
OK, you seem sincere, but . . .
If this were to pay down the debt, the .gov would just be back-filling more debt in faster than you can bail it out. Sorry just the way it is. Even if it came with a No More Deficits Law -- still would not matter, because crooks would do the same crooked stunts as Bush and R's did by running the Endless Wars [tm] off the books and rolling them straight into debt.
Ever deal with a drunk or junkie? You cannot wish or want them off their problems no matter how hard you try. They Have to Hit Their Own Bottom FIRST. US aint there, yet. We still have some serious sh1t-sandwich eating ahead before we hit bottom and can grow up.
Sorry, but just the way I see it.
Hi Philip T,
If there were no deficits the only way to expand the money supply to avoid a depression would be business and consumer debt...back to Sumer we go.
Some are talking about instituting a wealth tax of 1% a year. So if you are a retiree with $100,000 in savings, you would pay $1000 a year (and less as you use up that money).
I do??? I was going for sarcastic and fatalistic. No, really, I think it's totally unworkable and monumentally unrealistic... but so is every other outcome in the long run. Like I said, just a thought experiment, meant to facilitate discussion.
Ok. Cool by me. I was just getting tired of the rude and hostile You-Is-Stupit routines around here.
Quote:
Ah, very nice. It's a good little town although I have a dream that they'll send that train underground. I'll be the courteous motorcyclist wearing the red and black jacket on the very quiet little blue bike.
Ok on that, too. Dunno about the train part . . . yet . . . I guess.
Quiet bikes are good, too. We talking pedally kind or murdercycle kind?
The 1% would become 2% then 5% then 20%. It would never end. And when people reach their max threshold on certain numbers like people do the income tax, they just create another tax to continue reaching into the pocket.
The 1% would become 2% then 5% then 20%. It would never end. And when people reach their max threshold on certain numbers like people do the income tax, they just create another tax to continue reaching into the pocket.
Ok on that, too. Dunno about the train part . . . yet . . . I guess.
There's been a quiet zone debacle for four years and counting...
Quote:
Originally Posted by Philip T
Quiet bikes are good, too. We talking pedally kind or murdercycle kind?
With engine. I used to use it for everything except when I was carrying another person, or buying groceries, or in inclement weeather, but increasingly I use it everywhere. I consider myself a Keller "fixture." Hard to argue with 65 miles per gallon even with E10.
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I was going for sarcastic and fatalistic. No, really, I think it's totally unworkable and monumentally unrealistic... but so is every other outcome in the long run. Like I said, just a thought experiment, meant to facilitate discussion. 
although I have a dream that they'll send that train underground. I'll be the courteous motorcyclist wearing the red and black jacket on the very quiet little blue bike.
