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Old 04-05-2011, 09:09 AM
 
Location: Riverside
4,088 posts, read 4,386,289 times
Reputation: 3092

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Quote:
Originally Posted by NorthGAbound12 View Post
Great post! We also need break up the big banks on Wall St so they can't ever hold us hostage again with their casino style financial terrorism. If they're "too big to fail" they're too big to exist.

I'm not entirely opposed to reforms in entitlement spending I just think that we should look at some other avenues first. Raising taxes if only on the super rich (upper 1%) would be a good start if nothing else. We also need to close corporate tax loopholes which allow them to skate away without paying a dime in taxes.
Exactly right, both you and GW.

People- the country is NOT BROKE. There is no emergency. Don't fall for the "Shock Doctrine" scam. There are people with agendas who want to stampede us into bad choices.

It's all about choices we've made. We don't have to keep making bad ones.

Repeal the Bush Tax cuts, apply "means testing" to Medicare, close corporate loop holes and other forms of "corporate welfare", and reign in Defense spending. We'll find several trillion dollars, and no child in the US will need to be hungry, or lack for medical care.

Civilized countries TAKE CARE of their poor, sick, and hungry. Yes, that means those of us with money foot the bill for those without. It's part of the Social Contract.
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Old 04-05-2011, 09:17 AM
 
69,368 posts, read 64,081,664 times
Reputation: 9383
Quote:
Originally Posted by Gurbie View Post
Civilized countries TAKE CARE of their poor, sick, and hungry. Yes, that means those of us with money foot the bill for those without. It's part of the Social Contract.
I have a tenant I'm getting ready to evict because they cant afford their rent. I'll be generous and allow you to put your money where your mouth is. Please PM me for my address, you are welcome to send a check to cover the $1200 she owes me..
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Old 04-05-2011, 09:18 AM
 
Location: Wasilla, Alaska
17,823 posts, read 23,442,152 times
Reputation: 6541
According to the CBO they are projecting a $9.5 trillion deficit over the next 10 years.

CBO: Obama budget worse than projected on 10-year deficit - The Hill's On The Money

The GOP want to cut $6.2 trillion over 10 years, which will leave us with a $3.3 trillion deficit, and they think that is a "good thing?"

This is all spin in any case. Congress cannot even predict what the deficit will be one year in advance, but they expect us to believe they can accurately predict 10 years into the future?
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Old 04-05-2011, 09:21 AM
 
Location: Wasilla, Alaska
17,823 posts, read 23,442,152 times
Reputation: 6541
Quote:
Originally Posted by pghquest View Post
I have a tenant I'm getting ready to evict because they cant afford their rent. I'll be generous and allow you to put your money where your mouth is. Please PM me for my address, you are welcome to send a check to cover the $1200 she owes me..
Socialists only spend other people's money, never their own.
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Old 04-05-2011, 09:21 AM
 
69,368 posts, read 64,081,664 times
Reputation: 9383
Quote:
Originally Posted by Glitch View Post
According to the CBO they are projecting a $9.5 trillion deficit over the next 10 years.

CBO: Obama budget worse than projected on 10-year deficit - The Hill's On The Money

The GOP want to cut $6.2 trillion over 10 years, which will leave us with a $3.3 trillion deficit, and they think that is a "good thing?"

This is all spin in any case. Congress cannot even predict what the deficit will be one year in advance, but they expect us to believe they can accurately predict 10 years into the future?
Actually its far worse than $3.3T because thats ONLY the budgeted expenses.. You need to also take into account non budgeted expenses.. Recent examples would include
The wars
Tarp
Stimulus bill
Thats another $3T right there..
Quote:
Originally Posted by Glitch View Post
Socialists only spend other people's money, never their own.
I just figured it would be nice to allow them the opportunity to share their compassion.. See how nice I am..
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Old 04-05-2011, 09:22 AM
 
Location: Tampa Florida
22,229 posts, read 17,847,737 times
Reputation: 4585
The details are emerging on Ryan's "Joke on America" plan. Seems he and the GOP, shock,shock, want to turn all of Medicare over to the Ins Cos. Eventually to wean off all those that will make demands of it, except of course, those truly deserving, who can afford to pay the premiums.
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Old 04-05-2011, 09:23 AM
 
8,409 posts, read 7,402,622 times
Reputation: 8747
Quote:
Originally Posted by pghquest View Post
The President gives Congress the proposed budget.. Its the PRESIDENTS JOB TO LEAD.. Are you telling me the President cant do his job?
Article 1, Section 7, Clause 1 of the Constitition of the United States:

Quote:
All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.
It's the House of Representatives job to originate all spending bills. That includes the federal budget. It's the job of the Budget Committe Chairman, the honorable Paul Ryan, to lead the process. And he's starting the budget process today.

You might get more things correct if you stopped hitting yourself in the head so much....that has to have an accumulative effect on you.
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Old 04-05-2011, 09:34 AM
 
69,368 posts, read 64,081,664 times
Reputation: 9383
Quote:
Originally Posted by djmilf View Post
Article 1, Section 7, Clause 1 of the Constitition of the United States:

It's the House of Representatives job to originate all spending bills. That includes the federal budget. It's the job of the Budget Committe Chairman, the honorable Paul Ryan, to lead the process. And he's starting the budget process today.

You might get more things correct if you stopped hitting yourself in the head so much....that has to have an accumulative effect on you.
I know its the job of Congress to original revenue bills, but a budget bill is not a revenues bill, it includes things like proposed spending plans. Congress controls TAXES, the budget controls how its spent..

The president writes budgets in order to LEAD Congress.. True the president is under no obligation to do so, but Obama did just like all presidents recently.
Obama has submitted his.. http://www.bloomberg.com/news/2011-02-14/obama-submits-a-3-7-trillion-budget-as-republicans-pledge-to-oppose-plan.html

Obamas OWN budget proposal ignores the budget committee recomendations so you cant excuse HIS budget by blaming Congress. Thats ridiculous..

Last edited by pghquest; 04-05-2011 at 09:46 AM..
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Old 04-05-2011, 09:35 AM
 
Location: Las Vegas
5,864 posts, read 4,977,086 times
Reputation: 4207
Quote:
Originally Posted by Gurbie View Post
Exactly right, both you and GW.

People- the country is NOT BROKE. There is no emergency. Don't fall for the "Shock Doctrine" scam. There are people with agendas who want to stampede us into bad choices.

It's all about choices we've made. We don't have to keep making bad ones.

Repeal the Bush Tax cuts, apply "means testing" to Medicare, close corporate loop holes and other forms of "corporate welfare", and reign in Defense spending. We'll find several trillion dollars, and no child in the US will need to be hungry, or lack for medical care.

Civilized countries TAKE CARE of their poor, sick, and hungry. Yes, that means those of us with money foot the bill for those without. It's part of the Social Contract.
Quote:
As the Center on Economic and Policy Research's Dean Baker reminds us, the U.S. economic policies of the last three decades, by favoring corporations and the wealthy over average Americans, have achieved the world's most breathtaking upward redistribution of wealth. America's richest 1 percent are getting about $1.5 trillion richer each year. Studies also show that the top 5 percent in this country hold almost 64 percent of our wealth while and the bottom 80 percent of scrape by on just 12.8 percent of the pie. Yet under the guise of debt reduction, the chairman of the House Budget Committee's budget proposal would take from the already poor, give to the already rich and attempt to achieve debt reduction not by cutting real costs, but by privatizing entitlement programs and shifting costs from the wealthy and corporations to struggling states, seniors, disabled, sick and low-income Americans. And the revenue-raising necessary for serious debt reduction is glaringly absent, with proposals instead to actually decrease tax-revenue from those most able to pay.
Who's Buyin' Ryan? Only the Rich Can Afford To... | Common Dreams
That is gross. What some people don't realize is that wealth will always be redistributed, it's simply a matter of which direction you prefer. Right wingers like to see the wealth rush upwards. It's not a sign of a healthy society that roughly 20 million people own two-thirds of the wealth while 200 million+ own a little more than a tenth.

Like I've said, I'm not entirely opposed to reforming our safety nets here, as I'm sure there's fraud, waste and abuse. I just think the fraud, waste, and abuse in our corporate welfare system is much much greater.

People will cry "class warfare," but that's foolishness. This budget is class warfare but since it will benefit many of those in government, and corporate media no one calls it like that. You propose a modest raise in taxes on the upper 10% and you're a "marxist socialist class warrior!" You propose a budget that will rape the lower classes and it's allowed to stand. Well I call a spade a spade.
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Old 04-05-2011, 09:41 AM
 
Location: Limbo
6,512 posts, read 7,544,447 times
Reputation: 6319
I wish I was uber-rich because I'd jump all over this so called "Path to Prosperity."
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