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Old 07-27-2011, 10:18 PM
 
Location: Southcentral Kansas
44,882 posts, read 33,274,487 times
Reputation: 4269

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Here is an attempt to explain to liberals what budgets are for and why they are necessary. I hope it makes it easier for some. Whoops, those are the ones who won't read it because of the source. You know attack the messenger without knowing the message.

The United States Debt Limit Explained | Conservative Byte
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Old 07-27-2011, 10:34 PM
 
2,023 posts, read 5,313,628 times
Reputation: 2004
The United States or any country does not have to have a national debt at all.


‪SR 20 - The Debt Ceiling Debate‬‏ - YouTube
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Old 07-27-2011, 10:42 PM
 
Location: Southcentral Kansas
44,882 posts, read 33,274,487 times
Reputation: 4269
Quote:
Originally Posted by 73-79 ford fan View Post
The United States or any country does not have to have a national debt at all.


‪SR 20 - The Debt Ceiling Debate‬‏ - YouTube
How many of those giant ships that Walmart has built to haul Chinese goods to this nation would it take to pay the Chinese their over $1 trillion part of our national debt? Maybe those ships could haul them to China instead of going back empty all the time.
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Old 07-27-2011, 11:08 PM
 
84 posts, read 54,509 times
Reputation: 44
That was funny and wrong.

First the income tax is not a fee. A fee is something different from a tax. My 8th grade government students know this. Social Security while the narrator says puts away money, in reality doesn't. According to two Supreme Court Cases by a conservative court at the time, you are not entitled to Social Security you do not pay into it like an insurance policy. Check out the case Flemming vs. Nestor. Again my 8th graders know that. I won't go into the 2nd Liberty Bond Act which did a LOT more than just set the debt limit. Wow interesting how the little graph they drew is wrong. The debt limit is not an upward slope. Truman lowered the debt limit during and after the Korean War which was funded by tax payer dollars not bonds. See Truman thought his generation should pay for the conflict, unlike Bush who thought his children and grand children should keep paying for his wars. Again, the graph is wrong, Truman was able to pay off on the interest...you know what this is silly.

Wow...Congress wants to raise the debt limit by more than a trillion. Unlike in 2003 when it raised it by $934 billion, or in 2006 by $896 billion. Oh I love the quotes we know better then the vital national interest of the country. You know quotes like these:

“Unfortunately, Congress consistently brings the Government to the edge of default before facing its responsibility. This brinkmanship threatens the holders of government bonds and those who rely on Social Security and veterans benefits. Interest rates would skyrocket, instability would occur in financial markets, and the Federal deficit would soar. The United States has a special responsibility to itself and the world to meet its obligations. It means we have a well-earned reputation for reliability and credibility—two things that set us apart from much of the world.” R. Reagan 1987

But the best is the picture of the Social Security Card, and the comment "As a community we voted on some very big projects."

Really people voted on the issue of social security? That wasn't just something out of the New Deal done by Congress was it. Wow I have to go reteach my 8th graders their history.
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Old 07-27-2011, 11:22 PM
 
604 posts, read 750,880 times
Reputation: 274
Quote:
Originally Posted by roysoldboy View Post
Here is an attempt to explain to liberals what budgets are for and why they are necessary. I hope it makes it easier for some. Whoops, those are the ones who won't read it because of the source. You know attack the messenger without knowing the message.

The United States Debt Limit Explained | Conservative Byte

Biased.
I used to consider myself a Republic, but now I don't know anymore.
Watching them play this "no compromise" game makes me sick.

Maybe if they actually paid attention to what the people want, they'd do what was/is necessary as opposed to just doing what would get voter approved.

Unless, what the voters want, isn't for the US economy to get better...
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Old 07-27-2011, 11:37 PM
 
8,418 posts, read 7,417,538 times
Reputation: 8767
I watched the entire video and I still missed the part where Steve got it into his crazy head to significantly lower the HOA fees and launch two separate wars against two other HOAs while offering to buy prescription medications for all of the HOA residents over 65 years of age.

If anyone spots it in the video from the OP, please let me know at what time mark it appears.
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Old 07-28-2011, 01:07 PM
 
Location: Southcentral Kansas
44,882 posts, read 33,274,487 times
Reputation: 4269
Quote:
Originally Posted by cyadra View Post
That was funny and wrong.

First the income tax is not a fee. A fee is something different from a tax. My 8th grade government students know this. Social Security while the narrator says puts away money, in reality doesn't. According to two Supreme Court Cases by a conservative court at the time, you are not entitled to Social Security you do not pay into it like an insurance policy. Check out the case Flemming vs. Nestor. Again my 8th graders know that. I won't go into the 2nd Liberty Bond Act which did a LOT more than just set the debt limit. Wow interesting how the little graph they drew is wrong. The debt limit is not an upward slope. Truman lowered the debt limit during and after the Korean War which was funded by tax payer dollars not bonds. See Truman thought his generation should pay for the conflict, unlike Bush who thought his children and grand children should keep paying for his wars. Again, the graph is wrong, Truman was able to pay off on the interest...you know what this is silly.

Wow...Congress wants to raise the debt limit by more than a trillion. Unlike in 2003 when it raised it by $934 billion, or in 2006 by $896 billion. Oh I love the quotes we know better then the vital national interest of the country. You know quotes like these:

“Unfortunately, Congress consistently brings the Government to the edge of default before facing its responsibility. This brinkmanship threatens the holders of government bonds and those who rely on Social Security and veterans benefits. Interest rates would skyrocket, instability would occur in financial markets, and the Federal deficit would soar. The United States has a special responsibility to itself and the world to meet its obligations. It means we have a well-earned reputation for reliability and credibility—two things that set us apart from much of the world.” R. Reagan 1987

But the best is the picture of the Social Security Card, and the comment "As a community we voted on some very big projects."

Really people voted on the issue of social security? That wasn't just something out of the New Deal done by Congress was it. Wow I have to go reteach my 8th graders their history.
Do your 8th graders know how much money Congress has spent out of the Social Security fund? Do they know that if Congress had done what FDR and his Brain Trust wanted done there would be no problem with SS money being all gone? Do they know that the SS money is thrown into the General Fund since the Congress filled that trust fund box with over $3 TRILLION of IOUs?

I think that I have found a person who loves the little video about how things run that the far left has caused to be shown in schools these days.

That spoof that was trying to simplify the explanation so lefties could understand it did take a bit of play out of that SS card but surely even an 8th grader with all that progressive teaching could understand that things in a HOA aren't as complicated as in the government. I see that the video wasn't simple enough for you.
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Old 07-28-2011, 01:09 PM
 
Location: Southcentral Kansas
44,882 posts, read 33,274,487 times
Reputation: 4269
Quote:
Originally Posted by Kings Ranger View Post
Biased.
I used to consider myself a Republic, but now I don't know anymore.
Watching them play this "no compromise" game makes me sick.

Maybe if they actually paid attention to what the people want, they'd do what was/is necessary as opposed to just doing what would get voter approved.

Unless, what the voters want, isn't for the US economy to get better...
I voted Democrat for President for over 20 years and then the Dems nominated an out and out admitted socialist for the office and have never failed to do the same since then. I changed in 1972 for the stated reason. Have you been voting that long?
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Old 07-28-2011, 01:11 PM
 
Location: Southcentral Kansas
44,882 posts, read 33,274,487 times
Reputation: 4269
Quote:
Originally Posted by djmilf View Post
I watched the entire video and I still missed the part where Steve got it into his crazy head to significantly lower the HOA fees and launch two separate wars against two other HOAs while offering to buy prescription medications for all of the HOA residents over 65 years of age.

If anyone spots it in the video from the OP, please let me know at what time mark it appears.
You know that your progressive needs aren't in that video. It is just supposed to show what happens when some fool spends much more than is taken in. I didn't see anything in that video that said it was comparing anything Bush did with anything else, but then you are a left leaner and can't take anything like that for what was intended.
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Old 07-28-2011, 01:15 PM
 
Location: Maryland
7,814 posts, read 6,393,510 times
Reputation: 9974
Quote:
Originally Posted by Kings Ranger View Post
Biased.
I used to consider myself a Republic, but now I don't know anymore.
Watching them play this "no compromise" game makes me sick.

Maybe if they actually paid attention to what the people want, they'd do what was/is necessary as opposed to just doing what would get voter approved.

Unless, what the voters want, isn't for the US economy to get better...
Um they are trying to compromise. They're trying to raise the debt ceiling in exchange for spending cuts. It's the Democrats who are trying to also slip in tax increases, trying to get two things for one.
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