Obama XVIII : Now with 100% more Gov't sponsored starvation

[Bob Gray]

Re: Obama XVIII : Now with 100% more Gov't sponsored starvation

My first car was a '72 Vega. I used to ask the gas station attendant (another thing of the past) to fill the oil and check the gas. I also worked on that car even though I had no business doing it. When it wouldn't start I used to pour gas right into the carburator and it caught on fire one time. And I had to park on hills for three months when I didn't have the money to replace the battery. Became an expert at popping the clutch. That car brings back good memories.

Yah, they don't make them like that anymore, aluminum engine block and all!

 

[Bob Gray]

Re: Obama XVIII : Now with 100% more Gov't sponsored starvation

Considering we're running a structural deficit that is only going to get worse, no one is currently paying their fair share. Tax rates for everyone need to rise to meet out financial obligations.

Or another way of putting it is people are getting more services, refunds, credits, etc. from the government than what they are paying for.

 

[Kepler]

Re: Obama XVIII : Now with 100% more Gov't sponsored starvation

This world is a world where people spend too much money.

 

[5mn_Major]

Re: Obama XVIII : Now with 100% more Gov't sponsored starvation

So apparently the house Dems are willing to go to battle against Obama... how bizarre.

It shouldn't be bizarre as its healthy for better government. I only wish the GOP would have done this under Bush.

 

[walrus]

Re: Obama XVIII : Now with 100% more Gov't sponsored starvation

This world is a world where people spend too much money.

Why she feels the needs for implants is beyond me

 

[5mn_Major]

Re: Obama XVIII : Now with 100% more Gov't sponsored starvation

Interesting article:

More U.S. Rail Funds for 13 States as Two Reject Aid
By MICHAEL COOPER
Published: December 9, 2010

Ohio and Wisconsin’s loss of $1.2 billion in federal stimulus money for rail projects will be California, Florida and 11 other states’ gains, federal officials said on Thursday.

Ohio and Wisconsin were among the biggest winners of federal stimulus money this year to build new rail lines in their states; officials in both states had lobbied aggressively for the money in the hopes that it would create thousands of jobs and improve their transportation systems.

But that all changed last month when both states elected Republican governors who vowed to kill the train projects, arguing that they were boondoggles that would leave their states on the hook for subsidies each year to operate the trains.

Now both states, which have been hit hard by the economic downturn, are losing the money. The federal Department of Transportation announced Thursday that it was taking back the $810 million that had been awarded to Wisconsin to build a train line from Milwaukee to Madison, and the $385 million that was awarded to Ohio to build a train line linking Cincinnati, Columbus and Cleveland. The money will be redistributed to 12 other states, with the biggest winners being California and Florida, which are building high-speed trains.

 

[unofan]

Re: Obama XVIII : Now with 100% more Gov't sponsored starvation

Or another way of putting it is people are getting more services, refunds, credits, etc. from the government than what they are paying for.

Sure. But as noted below, you can cut everything discretionary and still not balance the budget. So, taxes still need to rise, regardless.

 

[Kepler]

Re: Obama XVIII : Now with 100% more Gov't sponsored starvation

Why she feels the needs for implants is beyond me

A teenage girl who wants boobs for Sweet 16 is a brainless sheep, but every female under 30 and every male under 40 is a brainless sheep, so we knew that. The parents willing to give their daughter boobs for Sweet 16 aren't just brainless sheep, they're TERRIBLE parents. With too much money.

There should be a surcharge for stupidity. Besides the lottery and the 700 Club.

 

[geezer]

Re: Obama XVIII : Now with 100% more Gov't sponsored starvation

It shouldn't be bizarre as its healthy for better government. I only wish the GOP would have done this under Bush.

I say bizarre because if conservatives hate it because it doesn't control spending, and liberals hate it because it doesn't raise taxes, who exactly is the supposed constituency for O's plan? A few liberal Republicans? bizarre.

 

[Bob Gray]

Re: Obama XVIII : Now with 100% more Gov't sponsored starvation

Sure. But as noted below, you can cut everything discretionary and still not balance the budget. So, taxes still need to rise, regardless.

Just saying you can look at it from both angles, not just the raise taxes angle you cited.

And of course it depends on what you consider discretionary. If things remain out of control and we eventually go bankrupt as a nation, a lot of stuff will be considered discretionary that many now would argue isn't discretionary.

 

[Proud2baLaker]

Re: Obama XVIII : Now with 100% more Gov't sponsored starvation

A teenage girl who wants boobs for Sweet 16 is a brainless sheep, but every female under 30 and every male under 40 is a brainless sheep, so we knew that. The parents willing to give their daughter boobs for Sweet 16 aren't just brainless sheep, they're TERRIBLE parents. With too much money.

There should be a surcharge for stupidity. Besides the lottery and the 700 Club.

When I first read the Sweet 16 line my first thought was of the NCAA basketball tournament...and it confused the heck out of me. Then I figured out what you were talking about.

 

[ScoobyDoo]

Re: Obama XVIII : Now with 100% more Gov't sponsored starvation

This kind of stuff really ticks me off.

http://www.msnbc.msn.com/id/40565987/ns/business-going_green

 

[ScottM]

Re: Obama XVIII : Now with 100% more Gov't sponsored starvation

A teenage girl who wants boobs for Sweet 16 is a brainless sheep, but every female under 30 and every male under 40 is a brainless sheep, so we knew that. The parents willing to give their daughter boobs for Sweet 16 aren't just brainless sheep, they're TERRIBLE parents. With too much money.

I'm amazed/appalled at how many parents I know who have done same thing. Then you look at Mom/Wife 2.0 or whatever version, and you see the influence. Then again, a boob job for a teen may be safer than getting her a new BMW M3. Yes, I know those folks too.

 

[walrus]

Re: Obama XVIII : Now with 100% more Gov't sponsored starvation

Then again, a boob job for a teen may be safer than getting her a new BMW M3. Yes, I know those folks too.

I suppose you may have to get the M3 surgically removed at some point also

 

[pirate]

Re: Obama XVIII : Now with 100% more Gov't sponsored starvation

The reason we're running a structual defecit is purely because of spending. Revenues have increase above the rate of inflation and population growth over time. Therefore the reason we are running defecits is because we are spending even faster.

The "rich" are already paying above 50% in many states. They are also the ones who are the most able to get out from under higher and higher taxes. For starters, they don't have to work. If you truly want to raise revenue for the gov't (and I'm not advocating this at all) you would keep the high end tax rates the same and tax the middle class more. Taking the Bush tax cut as an example you'd raise $1.4T versus $700B and they wouldn't be able to escape the taxes.

As far as raising capital gains. You actually lower revenue when doing that. On top of that, the gov't is already crowding out investment. That will only make the crowing out worse and hamper production gains for the ecnonmy due to lack of investment. It isn't a coincidence that the tech boom happened a couple years after capital gains rates were drastically cut.

Several good points, remember, Obama defines rich as >$250k income...that could be a dentist that just got out of school and has education and business loans out the wazoo. He/she needs to work. Most people who don't need to work, don't work. There are plenty of folks in NYC, Chicago, LA, SF that make $250k/year and aren't 'rich'. Yeah, everybody should have that problem, but still, that number is picked based on the revenue gain and the number of non-rich people willing to agree 'yeah, screw them, they can afford it'. There are very few people that are comfortably wealthy but still work and earn $250k/year.

 

[Slap Shot]

Re: Obama XVIII : Now with 100% more Gov't sponsored starvation

Is that like marching to Pretoria?

Albaniaaa, Albaniaaa....

 

[WeWantMore]

Re: Obama XVIII : Now with 100% more Gov't sponsored starvation

Interesting article:

More U.S. Rail Funds for 13 States as Two Reject Aid
By MICHAEL COOPER
Published: December 9, 2010

Ohio and Wisconsin’s loss of $1.2 billion in federal stimulus money for rail projects will be California, Florida and 11 other states’ gains, federal officials said on Thursday.

Ohio and Wisconsin were among the biggest winners of federal stimulus money this year to build new rail lines in their states; officials in both states had lobbied aggressively for the money in the hopes that it would create thousands of jobs and improve their transportation systems.

But that all changed last month when both states elected Republican governors who vowed to kill the train projects, arguing that they were boondoggles that would leave their states on the hook for subsidies each year to operate the trains.

Now both states, which have been hit hard by the economic downturn, are losing the money. The federal Department of Transportation announced Thursday that it was taking back the $810 million that had been awarded to Wisconsin to build a train line from Milwaukee to Madison, and the $385 million that was awarded to Ohio to build a train line linking Cincinnati, Columbus and Cleveland. The money will be redistributed to 12 other states, with the biggest winners being California and Florida, which are building high-speed trains.

Dodged that boondoggle!

 

[bigblue_dl]

Re: Obama XVIII : Now with 100% more Gov't sponsored starvation

I suppose you may have to get the M3 surgically removed at some point also

And the new **** represent a potential source of income should daddy's little surgically enhanced flower need to strip her way through college at some point in the future.

 

[unofan]

Re: Obama XVIII : Now with 100% more Gov't sponsored starvation

Albaniaaa, Albaniaaa....

You border on the Adriatic.
(forget the line that goes right here)
And your chief export is corn.

 

[blockski]

Re: Obama XVIII : Now with 100% more Gov't sponsored starvation

Dodged that boondoggle!

Walker is a moron. He just kissed $810 million that would have been spent in his state goodbye before he even took office!

And can you call it a boondoggle when even the highest operating cost estimates (which will never be hit anyway) encumbered the state (again, would probably have been picked up by the feds) for 0.03% of the state's annual spending?

How do you turn 'rounding error' into 'boondoggle?'