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Old 01-26-2013, 06:36 AM   #51
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I think you have to go back to the last time we had a surplus and go from there. What has happened since then.

* Healthcare costs are through the roof - causing medicare costs to go through the roof.
* Bush tax cuts for nearly 12 years.
* Wallstreet deregulation, causing Wallstreet greed, causing financial recession.
* War, War War
* Companies sending manufacturing jobs overseas.

Simple - we have to get these healthcare costs down. Medicare is a good program, but $50K for a visit to the ER to have an MRI is inexcusable. Stop fighting wars we can't afford. Stop deregulating Wallstreet so they can F us over only to slap them on the hand and give them a big kiss afterwards. Stop giving insane tax cuts to wealthy business and don't allow them a tax break when they ship jobs over seas. I think we all clearly saw that not taxing the wealthy companies doesn't = job creation. What happened during our recession? They were still getting their tax breaks but they didn't create any jobs, instead they cut jobs. The rich always make sure they themselves are paid first, paid handsomely and then what's left over trickles down. American benefits and wages for normal working folks are some of the worst in any civilized country. The wealth gap in this country is growing and growing and growing.
There's two problems as I see it: There's no limit to the amount of medical attention one person can use. People LOVE going to the doctor and believing they have diseases, injuries, etc. We've got a malingering, hypochondriac filled society. Then add that some diseases are in the millions to treat and there's not a good answer to this. Ever since people started patenting drugs regularly, this has been an issue.

The other issue is that in today's society, there's just not much use for poor people. We need a few people to work our McDonalds and such but in terms of respectable jobs involving labor, most of them are outsourced and/or replaced by a robot. For this, again, there's no good solution. You can't just point at the rich folk that are shipping jobs overseas and scream foul. I also don't believe giving tax incentives are the answer because then you're taking two steps forward but still one step back. There's a HUGE consumer base in the United States and that, at this point, might be our biggest asset. The government needs to take advantage of that.
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Old 01-26-2013, 06:37 AM   #52
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I did read it, but honestly, didn't understand what you were trying to say, so I repeated my point.


Fair enough. I mostly just return to the WRP on very sleepless nights when it's the last place on the internet left unexplored. The rambling babbles I can produce at that point are very likely unintelligible.
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Old 10-02-2013, 07:57 AM   #53
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Here we go again............

WASHINGTON (MarketWatch) -- Treasury Secretary Jacob Lew reiterated Tuesday that the goverment's extraordinary measures to stay below the $16.7 trillion debt limit will expire on Oct. 17. In a letter to bipartisan leaders in Congress, Lew said that the government shutdown will not extend the deadline that he first estimated late last month "unless it continues for an extended period of time." Lew said his agency is now using its final extraordinary measures to ward off the debt ceiling. Lew repeated that Treasury would have $30 billion in cash on hand on Oct. 17, and would be at risk of not being able to pay its bills. "If we have insufficient cash on hand, it would be impossible for the United States of America to meet all of its obligations for the first time in our history," he said.
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Old 10-02-2013, 09:48 PM   #54
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The McClintock-Toomey Act, which would insure that the U.S. would NEVER default on it's debt, has been shot down by Obama and Reid several times.

This bill would insure that debt payments go out first before anything else, in the event the debt ceiling is not raised. The Democrat Socialists want no part of it.
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Old 10-02-2013, 09:52 PM   #55
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Personally, I'd rather him use the constitutional option,but with rethugs willing to tank the economy for their own political ideologies it a good option.
FYI - the president's lawyers disagree that it would be constitutional, and they know that there would be a court challenge, thus making all the bonds in the market at that time on shaky ground, thus requiring higher interest rates. From everything I've heard the President is not going to assert himself in that way.
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Old 10-02-2013, 10:19 PM   #56
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FYI - the president's lawyers disagree that it would be constitutional, and they know that there would be a court challenge, thus making all the bonds in the market at that time on shaky ground, thus requiring higher interest rates. From everything I've heard the President is not going to assert himself in that way.
14th amendment baby, obamacare was challenged in court as well.defauting far worse , if the market knows taht they don't haveto worry about deflautinf anymorw it'll stabilize.
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Old 10-03-2013, 08:28 AM   #57
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Here comes the fear tactics. Buffet came and today and said "Meh it's ok if we go over the debt limit as long as it doesn't take a year"....lol

See what Obama's buddy had to say this morning.
http://www.marketwatch.com/story/def...-10-03-1091157


Put your seat belts on your stock investments or drop them off at the next bus stop for someone else to give them a ride!

I think people make the mistake too often taking pride in what they know. Or think they know. I think the more important question is "What don't you know".

I'm a big fan of a strong defense against what I don't know.

Last edited by Meck77; 10-03-2013 at 08:38 AM..
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Old 10-05-2013, 08:31 AM   #58
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Obama as a senator did not support raising the debt ceiling, but now his tune has changed. Thank goodness it wasn't about some usual petty political move.
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Old 10-05-2013, 10:28 PM   #59
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Originally Posted by pricejj View Post
The McClintock-Toomey Act, which would insure that the U.S. would NEVER default on it's debt, has been shot down by Obama and Reid several times.

This bill would insure that debt payments go out first before anything else, in the event the debt ceiling is not raised. The Democrat Socialists want no part of it.

Why don't you jump of a bridge you ass.............

What about whats left as usual **** the poor people.


Retards like you electing Ran Pauls and such are why we are in this mess.
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Old 10-05-2013, 10:31 PM   #60
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Obama as a senator did not support raising the debt ceiling, but now his tune has changed. Thank goodness it wasn't about some usual petty political move.

Things were much worse than he thought especially after the 08 debacle...........be real

Seriously we can't just starve everyone who is not rich while giving the rich another tax cut to make all you fools happy.

Slowly reduce the deficit through smart spending cuts and increased revenue is a fair balanced approach.

You don't understand fair or compromise, not many of your party do.
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Old 10-05-2013, 10:33 PM   #61
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Originally Posted by Meck77 View Post
Here comes the fear tactics. Buffet came and today and said "Meh it's ok if we go over the debt limit as long as it doesn't take a year"....lol

See what Obama's buddy had to say this morning.
http://www.marketwatch.com/story/def...-10-03-1091157


Put your seat belts on your stock investments or drop them off at the next bus stop for someone else to give them a ride!

I think people make the mistake too often taking pride in what they know. Or think they know. I think the more important question is "What don't you know".

I'm a big fan of a strong defense against what I don't know.

Don't know or watch the market much do you ?

They can and will swing wildly over less.............

You better hold your ass if we default.........
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Old 10-06-2013, 09:21 AM   #62
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Why don't you jump of a bridge you ass.............

What about whats left as usual **** the poor people.


Retards like you electing Ran Pauls and such are why we are in this mess.
Do you need a sedative?

Many more "Ron Pauls" is exactly what this country needs, in order to veer away from bankruptcy.
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Old 10-09-2013, 10:25 AM   #63
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The hilarity in this is democrats, including Obama himself, back in 2006 were saying how terrible it would be to raise the debt ceiling and according to Obama, "shows a lack of leadership" to do so, but he we go with the typical liberal democrat 180 when it is convenient for them. And there is most of the media pretending it never happened and not asking why it's great now when it wasn't back then. Hersh is quite right.
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