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Obama XX: Maybe We'll Even Talk About Obama

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Re: Obama XX: Maybe We'll Even Talk About Obama

ScoobyDoo said:
:rolleyes:
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So can you show me where I can find the money that has been taken out of my paycheck that is sitting there waiting for me?

I'll ask this question. What percentage of wages is too much for you? We've got over $100T in unfunded liabilities. SS, Medicare and Medicaid will consume our entire budget by 2050. At what point do you actually advocate cutting back?
 
Re: Obama XX: Maybe We'll Even Talk About Obama

MinnFan said:
So can you show me where I can find the money that has been taken out of my paycheck that is sitting there waiting for me?

I'll ask this question. What percentage of wages is too much for you? We've got over $100T in unfunded liabilities. SS, Medicare and Medicaid will consume our entire budget by 2050. At what point do you actually advocate cutting back?
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I didn't advocate nothing.

Again. Taxes is stealing if you make over 200K a year. That's what I've learned over the course of the past year. What have you learned?
 
Re: Obama XX: Maybe We'll Even Talk About Obama

ScoobyDoo said:
I didn't advocate nothing.

Again. Taxes is stealing if you make over 200K a year. That's what I've learned over the course of the past year. What have you learned?
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:rolleyes: glad you're part of the solution
 
Re: Obama XX: Maybe We'll Even Talk About Obama

MinnFan said:
:rolleyes: glad you're part of the solution
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What solution? You honestly think this is going to get solved before there is a bond market crisis in this country? People making over 200K can't be taxed, and people making any amount of money don't want their benefits cut. So, what's your grand solution?

There are only two ways to go. Raise revenue, or cut spending. The Raise revenue side is poison, and the government and private sector have no interest in growing the economy in this country when it's easier to do so in China, India, etc. The cut spending side is poisoned with special interests. We can't even cut subsidies to oil companies right now.

Greece was small compared to what's coming to this nation.
 
Re: Obama XX: Maybe We'll Even Talk About Obama

ScoobyDoo said:
What solution? You honestly think this is going to get solved before there is a bond market crisis in this country?
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Just between us, the Good Guys better hope it doesn't come to this, because then the adjustments will all be reactionary, in both senses of the word. A serious risk of government default will create the kind of economic dislocation that the fringe right thrives on. We've already seen they push tax cuts for the wealthiest whether we're in surplus ("we can now afford it") or deficit ("only big bidness can save us"). Can you imagine their rhetoric if we have a bond market crisis? "Divide and conquer" doesn't begin to describe it.

The Middle Class still has a chance to trade means testing on their entitlements in exchange for restoring pre-Reaganite tax policy and dismantling the military-intelligence empire. It will involve sacrifice, but nothing compared to the feudal state they are pushing us towards otherwise.
 
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Re: Obama XX: Maybe We'll Even Talk About Obama

Kepler said:
Just between us, the Good Guys better hope it doesn't come to this, because then the adjustments will all be reactionary, in both senses of the word. A serious risk of government default will create the kind of economic dislocation that the fringe right thrives on. We've already seen they push tax cuts for the wealthiest whether we're in surplus ("we can now afford it") or deficit ("only big bidness can save us"). Can you imagine their rhetoric if we have a bond market crisis? "Divide and conquer" doesn't begin to describe it.

The Middle Class still has a chance to trade means testing on their entitlements in exchange for restoring pre-Reaganite tax policy sanity. It will involve sacrifice, but nothing compared to the feudal state they are pushing us towards otherwise.
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Right, right, and right. But the middle class already lost. There is NO WAY IN HELL that they will get a compromise on taxes. None. That ship has sailed. I give a bond market collapse a 3 out of 4 chance of happening.
 
Re: Obama XX: Maybe We'll Even Talk About Obama

Part of the problem

Schumer’s Deficit Reduction Steps: Millionaires Tax, Prevent Corporate Tax Dodging, Cut Wasteful Subsidies

The Senate will vote today on H.R. 1, the House Republican spending plan for the remainder of 2011 that guts vital funding for education, job creation, infrastructure, anti-poverty programs, housing assistance, and more. The plan is not expected to pass the Senate, but neither is a version supported by Senate Democrats.

So the question of federal spending levels for the remainder of the fiscal year will remain unanswered. But today, Sen. Chuck Schumer (D-NY) presented an alternative to the House Republicans’ slash-and-burn approach to budgeting in a speech at the Center for American Progress Action Fund. Noting that “today, we have to solve both our growth problem and our deficit problem together,” Schumer laid out a progressive plan to reduce the deficit.

First, Schumer revived his proposal from last year to institute a surtax on millionaires and billionaires. “I must say I noted with interest that in last week’s Wall Street Journal-NBC poll, the most popular proposal to reduce the deficit — out of 23 options surveyed — was a surtax on millionaires and billionaires,” he said.

Schumer also promoted closing the tax gap by cracking down on tax dodging and income sheltering by big corporations. “There is much we can do in the tax code to crack down on cheaters and vastly improve compliance,” he said. “Any credible deficit plan should tackle the so-called ‘tax gap’ — the gap between taxes owed and taxes paid — which has gotten as high as over $300 billion a year this past decade.”

He also advocated cutting the wasteful subsidies that are handed out every year to industries, including the oil and gas industries, that don’t need them. Schumer expanded on these ideas in an interview today with ThinkProgress:

All these kinds of subsidies should be on the table, but the one that sticks out like a sore thumb is oil and gas because the entire rationale for it is gone. It was passed, I think, when the price of oil was $17 a barrel, we had low production, and now of course, the price of oil is $100 a barrel. The subsidy, in economic terms, doesn’t mean anything other than to make some people wealthy who are already wealthy.
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More theft :rolleyes:
 
Re: Obama XX: Maybe We'll Even Talk About Obama

Schumer's drunk if he think that will resonate. The Tea Party wants the public sector middle class to stop bankrupting America and by God that's the way it's going to be.
 
Re: Obama XX: Maybe We'll Even Talk About Obama

ScoobyDoo said:
Right, right, and right. But the middle class already lost. There is NO WAY IN HELL that they will get a compromise on taxes. None. That ship has sailed. I give a bond market collapse a 3 out of 4 chance of happening.
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I have hopes now that the Me Generation is starting to die off. The people younger than my genertion don't seem to be nearly the free rider types who saddled us with both middle class entitlements and the war on taxes. Personal responsibility is actually starting to crawl back a bit with people in their 30's and younger.

Hopefully they'll cast their parents and grandparents on an ice floe. We deserve it.
 
Re: Obama XX: Maybe We'll Even Talk About Obama

The Boomers will never die...we will die before they do. They are vampires sucking at the marrow of this country until there is nothing left.
 
Re: Obama XX: Maybe We'll Even Talk About Obama

Handyman said:
The Boomers will never die...we will die before they do. They are vampires sucking at the marrow of this country until there is nothing left.
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boomer.jpg



:confused:
 
Re: Obama XX: Maybe We'll Even Talk About Obama

Kepler said:
I have hopes now that the Me Generation is starting to die off. The people younger than my genertion don't seem to be nearly the free rider types who saddled us with both middle class entitlements and the war on taxes. Personal responsibility is actually starting to crawl back a bit with people in their 30's and younger.

Hopefully they'll cast their parents and grandparents on an ice floe. We deserve it.
Click to expand...

Given the current indoctrination of the young people in the South to the Tea Party platform, I don't share the same hope. That and what Handy said. The Boomers will not go away until nothing is left.
 
Re: Obama XX: Maybe We'll Even Talk About Obama

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If we win this battle, and the money is not there under the auspices of the unions, certainly what you’re going to find is President Obama is going to have a much difficult, much more difficult time getting elected and winning the state of Wisconsin.
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Yep. It's all about balancing the budget.
 
Re: Obama XX: Maybe We'll Even Talk About Obama

ScoobyDoo said:
Given the current indoctrination of the young people in the South to the Tea Party platform, I don't share the same hope.
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The rubes have always been with us.

populism-cartoon.jpg



The good news is they aren't in the Dem party anymore, so liberals don't have to put on a brave face and tolerate them. The bad news is it's not like they're ever going to miss voting because of working late...
 
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