We can't keep spending and borrowing and we all know it.
So now what?
The President is going to announce his Afghanistan plan on Tuesday which we all expect to be more troops -- which means more money...but who wants to lose? and who wants to pay?
What may be interesting is how Speaker of the House Nancy Pelosi in particular handles this. Her northern California constituency is not wild about the war in Afghanistan...and many in her district want us to bring the troops home. Her party's leader, President Obama is doing the opposite. He is going to send more troops.
And then what? More bad news for the Speaker's constituents. The Speaker is going to have to tell her constituents that not only are we sending more troops that they do not want but that their taxes are headed up to pay for it.
How much? for some (those who make substantial salaries) 5% is being tossed around as the probable number.
By the way, that 5 % will have to be added to any increased taxes due to health care reform.
Senator Mary Landrieu should be charged with treason - selling her vote any reason ---she thought it would be for personal gain (that is why she announced it) but I don’t think the citizens of her state will fall for it or appreciate this underhanded, unstatesmanlike and treasonable conduct.
Our nation has is losing strength. The strength of our nation has been and will reflect, not its economic power, not its military power, but its commitment to moral values. A US senator or any elected o
Senator Joe Lieberman: Integrity and credibility has certainly taken a back seat. You said on national television you would not vote for cloture, but you did. That makes your statement a LIE. What did Harry Reid promise you that is worth more than your credibility to vote for this debate? You will support the final passage of SOCIALIZED MEDICINE, but the voters will never support you as Senator again. Holy Joe, you made a bad decision.
Rep. John Murtha: You are not a man of Wisdom, You have had many experiences in life but none you could say prepared you for wise decisions concerning others. I find you to be very self-centered, arrogant, and self-serving. It's past time for you to retire, you have nothing to contribute, and this world has moved past you so please don't run for re-election. There are others better prepared to represent this Great Nation. FAREWELL!
I gave you a grade of F. You are not a man of Wisdom, You have had many experiences in life but none you could say prepared you for wise decisions concerning others. I find you to be very self-centered, arrogant, and self-serving. It's past time for you to retire, you have nothing to contribute, and this world has moved past you so please don't run for re-election. There are others better prepared to represent this Great Nation. FAREWELL!
I gave you a grade of F. Integrity and credibility has certainly taken a back seat. You said on national television you would not vote for cloture, but you did. That makes your statement a LIE. What did Harry Reid promise you that is worth more than your credibility to vote for this debate? You will support the final passage of SOCIALIZED MEDICINE, but the voters will never support you as Senator again. Holy Joe, you made a bad decision.
Obama said, community interests are more important than are individual interests, and since community has neither brain nor heart, it falls to the few governing elite to govern. His belief that the “State or the Government is the embodiment of all that is good and beneficial and that the individuals are wretched underlings, exclusively intent upon inflicting harm upon one another and badly in need of a guardian,” should be unchallenged. (Von Mises) claysamerica.com
I know when the company I worked for needed to 'tighten their belt', the reduced salaries and discontinued retirement plans. Why can't the White House do the same; reduce their salaries by 12%, stop life time retirement funding, and cut government employees. We really can not afford this gluttonous administration.
This is nothing compared with the incidious Cap and Trade, where we will all not only see our cost of living triple, but lose our sovereignty in the process.
Agreed yep1948. ...except there's only one thing stopping our standard of living from falling, and keeping our cost of living up: regulations. Ironic isn't it? I agree, it is a danged mess. But because of all the regulations, we cannot just drastically lower our cost of living. We can't, for instance, just turn off the power. They'll come take our chidren from us. The COL can't be lowered, unless half the laws in the entire nation are thrown out the door. So what are we to do?
Also yep1948, I am not defending these new policies coming out of Washington, by any stretch. I have been suggesting possible alternatives. ...because we are in a very bad situation as a nation right now. ...worse than many realize IMO. The stimulus was incorrectly used in that it did not directly address the problems, but only delayed the inevitable. The case of bailing out large corporations is a perfect example. Were it tax reduction instead of bail-out, the end result would still be the same
I agree yep1948. We need to be focusing on small business and jobs. With respect to what the stimulus might've been used for, I argued for significant small business tax cuts coupled with an increase in the minimum wage. At the time, conservatives hit me hard on the minimum wage thing, but one must wonder what might've been. It would've put a ton of money directly into the hands of people who need it and would spend it, using small business as the conduit, without costing business owners a dime.
Whatever. I'm tired of talking. You guys borrow a few more trillion from China, give the rich a big tax break, hand them another big bailout, ignore small business and the little guy, and then see what happens.
yep1948, I understand the typical fiscal conservative view on all this. What I'm saying is that it is not that cut and dried. Patent law problems are a perfect example. Those who are getting rich off manufacturing those inventions overseas, should NOT be given a tax break. They are already abusing the system as it is, at the expense of all taxpayers, who keep a government going that protects their right to those patents. They should be taxed harder, not bailed out.
Large corporations buy up or obtain a bunch of patents, produce those inventions overseas, we pay taxes to a federal government that protects those patents, and the large corporations make out like bandits. We not only lose our jobs, we continue to pay taxes thereafter, which essentially ensure those jobs will never return. ..in many cases the actual inventor finds their self jobless as well. ...good old uncle sam for you.
We also need to take some closer looks at patent laws, perhaps? Large corporations produce on US patents using labor overseas. And there is nothing the little guy here can do to compete. In those cases, there is no legal way for a small business to surface to fill that void. Those jobs are just gone, and gone for good. IMO if it is good enough to be patented and protected here, it is good enough to produce here. Otherwise our tax dollars should not rightfully pay for protection of those patents
Consider why the middle class is dissapearing. ..consider the cause and effect. ...just think about it for a while. ...before you jump into the party line.
Just do some digging. You'll find the facts if you dig enough. You'll find out that fannie and freddie are just a small piece of the puzzle. But like I said, I may be wrong. My smeller might not be working. Prove me wrong, if you can.
You dig into that, and see what you find. I'll bet you good money this fannie and freddie explanation is bogus. ..what happened to them was the result of something else. ...something they're not telling you about. ...which happened prior to late 2008. ...like I said, show me the data on those home-owners. Right now it doesn't pass the smell-test for me. But show me the data. Change my mind.
I'm a software engineer. I know these things. And it is information the politicians do not want you to hear. Imagine if word got out that this recession was caused by advances in technology. What would be the result of that? ...every one of us would don our John Brown hat and crusade against technology altogether. ..when technology was not the real cause. ..the real cause was business owners and executives who bought a pile of bull hook-line-and-sinker. ...billions and billions of dollars worth
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Ronald
Senator Mary Landrieu should be charged with treason - selling her vote any reason ---she thought it would be for personal gain (that is why she announced it) but I don’t think the citizens of her state will fall for it or appreciate this underhanded, unstatesmanlike and treasonable conduct. Our nation has is losing strength. The strength of our nation has been and will reflect, not its economic power, not its military power, but its commitment to moral values. A US senator or any elected o
Cordell Ferrell
Senator Joe Lieberman: Integrity and credibility has certainly taken a back seat. You said on national television you would not vote for cloture, but you did. That makes your statement a LIE. What did Harry Reid promise you that is worth more than your credibility to vote for this debate? You will support the final passage of SOCIALIZED MEDICINE, but the voters will never support you as Senator again. Holy Joe, you made a bad decision.
Cordell Ferrell
Rep. John Murtha: You are not a man of Wisdom, You have had many experiences in life but none you could say prepared you for wise decisions concerning others. I find you to be very self-centered, arrogant, and self-serving. It's past time for you to retire, you have nothing to contribute, and this world has moved past you so please don't run for re-election. There are others better prepared to represent this Great Nation. FAREWELL!
Cordell Ferrell
I gave you a grade of F. You are not a man of Wisdom, You have had many experiences in life but none you could say prepared you for wise decisions concerning others. I find you to be very self-centered, arrogant, and self-serving. It's past time for you to retire, you have nothing to contribute, and this world has moved past you so please don't run for re-election. There are others better prepared to represent this Great Nation. FAREWELL!
Cordell Ferrell
I gave you a grade of F. Integrity and credibility has certainly taken a back seat. You said on national television you would not vote for cloture, but you did. That makes your statement a LIE. What did Harry Reid promise you that is worth more than your credibility to vote for this debate? You will support the final passage of SOCIALIZED MEDICINE, but the voters will never support you as Senator again. Holy Joe, you made a bad decision.
Clay Barham
Obama said, community interests are more important than are individual interests, and since community has neither brain nor heart, it falls to the few governing elite to govern. His belief that the “State or the Government is the embodiment of all that is good and beneficial and that the individuals are wretched underlings, exclusively intent upon inflicting harm upon one another and badly in need of a guardian,” should be unchallenged. (Von Mises) claysamerica.com
tomie
I know when the company I worked for needed to 'tighten their belt', the reduced salaries and discontinued retirement plans. Why can't the White House do the same; reduce their salaries by 12%, stop life time retirement funding, and cut government employees. We really can not afford this gluttonous administration.
Soffitrat
This is nothing compared with the incidious Cap and Trade, where we will all not only see our cost of living triple, but lose our sovereignty in the process.
averageben
Agreed yep1948. ...except there's only one thing stopping our standard of living from falling, and keeping our cost of living up: regulations. Ironic isn't it? I agree, it is a danged mess. But because of all the regulations, we cannot just drastically lower our cost of living. We can't, for instance, just turn off the power. They'll come take our chidren from us. The COL can't be lowered, unless half the laws in the entire nation are thrown out the door. So what are we to do?
averageben
Also yep1948, I am not defending these new policies coming out of Washington, by any stretch. I have been suggesting possible alternatives. ...because we are in a very bad situation as a nation right now. ...worse than many realize IMO. The stimulus was incorrectly used in that it did not directly address the problems, but only delayed the inevitable. The case of bailing out large corporations is a perfect example. Were it tax reduction instead of bail-out, the end result would still be the same
averageben
I agree yep1948. We need to be focusing on small business and jobs. With respect to what the stimulus might've been used for, I argued for significant small business tax cuts coupled with an increase in the minimum wage. At the time, conservatives hit me hard on the minimum wage thing, but one must wonder what might've been. It would've put a ton of money directly into the hands of people who need it and would spend it, using small business as the conduit, without costing business owners a dime.
averageben
Whatever. I'm tired of talking. You guys borrow a few more trillion from China, give the rich a big tax break, hand them another big bailout, ignore small business and the little guy, and then see what happens.
averageben
yep1948, I understand the typical fiscal conservative view on all this. What I'm saying is that it is not that cut and dried. Patent law problems are a perfect example. Those who are getting rich off manufacturing those inventions overseas, should NOT be given a tax break. They are already abusing the system as it is, at the expense of all taxpayers, who keep a government going that protects their right to those patents. They should be taxed harder, not bailed out.
averageben
Large corporations buy up or obtain a bunch of patents, produce those inventions overseas, we pay taxes to a federal government that protects those patents, and the large corporations make out like bandits. We not only lose our jobs, we continue to pay taxes thereafter, which essentially ensure those jobs will never return. ..in many cases the actual inventor finds their self jobless as well. ...good old uncle sam for you.
averageben
We also need to take some closer looks at patent laws, perhaps? Large corporations produce on US patents using labor overseas. And there is nothing the little guy here can do to compete. In those cases, there is no legal way for a small business to surface to fill that void. Those jobs are just gone, and gone for good. IMO if it is good enough to be patented and protected here, it is good enough to produce here. Otherwise our tax dollars should not rightfully pay for protection of those patents
averageben
Consider why the middle class is dissapearing. ..consider the cause and effect. ...just think about it for a while. ...before you jump into the party line.
averageben
Just do some digging. You'll find the facts if you dig enough. You'll find out that fannie and freddie are just a small piece of the puzzle. But like I said, I may be wrong. My smeller might not be working. Prove me wrong, if you can.
averageben
Sorry, I meant John Henry. ...steam drill, technological advancement, that whole story. ...didn't mean John Brown ...got them mixed up.
averageben
You dig into that, and see what you find. I'll bet you good money this fannie and freddie explanation is bogus. ..what happened to them was the result of something else. ...something they're not telling you about. ...which happened prior to late 2008. ...like I said, show me the data on those home-owners. Right now it doesn't pass the smell-test for me. But show me the data. Change my mind.
averageben
I'm a software engineer. I know these things. And it is information the politicians do not want you to hear. Imagine if word got out that this recession was caused by advances in technology. What would be the result of that? ...every one of us would don our John Brown hat and crusade against technology altogether. ..when technology was not the real cause. ..the real cause was business owners and executives who bought a pile of bull hook-line-and-sinker. ...billions and billions of dollars worth