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Originally Posted by tomder55

I made that point earlier. Spending is so out of control that they want to do both ;devalue the currency and raise the ceiling ..

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Tom I don't know if you have noticed but your currency has already devalued, these days the Aussie dollar is worth more than the US. What I've also noticed is that it is also negotiable in many parts of Asia. I wouldn't bother carrying US currency these days, not necessary even the back yard money dealers will buy aussie. Your days are numbered and you are busy agrueing about trifles as if it were important. We are waiting for the default and wondering whose going to lend you the money for the bailout. It could only be China and that has to come with a price

Hello again,

Well, it appears David Brooks, Republican columnist for the NY Times thinks the REPUBLICANS are going to get blamed.

He's right, of course... How come they don't know that?

excon

Brooks fell in love with Obama's 'crease in his pants' .He's still smitten .
The Courtship | The New Republic
Brooks is an inside the Beltway Republican who gives the Slimes the cover of saying they hire 'conservatives' .He is one of these 'conservatives' who think that the best selling point the Republicans have is to accept the progressive agenda and just be better managers of the big bloated Federal Government .

Here's a no brainer for Brooks... you don't raise taxes in a down economy.

If he's looking at it from a political angle;GHW Bush ran on a no new tax pledge. He then raised taxes because clowns like Brooks thought it was good politics to be seen as a compromiser . Bush got trashed in 1992 campaign because of that.

The current GOP House came in on no tax ,and control spending platform. If they fold on that they are history.

Don't worry Tom you haven't got the intestinal fortutide to raise taxes and make those rich kids pay

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Originally Posted by paraclete

Don't worry Tom you haven't got the intestinal fortutide to raise taxes and make those rich kids pay

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well? There is only one way to raise tax and that means you have to make it look like everyone pays, very unpopular

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Originally Posted by paraclete

well? there is only one way to raise tax and that means you have to make it look like everyone pays, very unpopular

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Hello again, clete:

Nahhh... What's popular is raising taxes on millionaires and billionaires... Are you NOT following the conversation?

excon

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Originally Posted by excon

Hello again, clete:

Nahhh... What's popular is raising taxes on millionaires and billionaires... Are you NOT following the conversation?

excon

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Popular with who Ex? Popular with those who receive their campaign contributions from millionaires and billionaires? Popular with Presidents who may only serve one term? No Ex they are only popular with those who are the most likely to be taxed. It's a popularist idea that there are large numbers of such sheep to be shorn and the fleece is long. But truth is, this isn't really so, unless you are going to tackle them with a very different tax base. The income tax system is flawed and rorted. It is inefficient and ineffective because it fails to actually raise the required revenue
The US income tax system raises an average of $8000 per individual and $90,000 per corporation. Given the size of certain individual and corporate incomes this is not verry impressive

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Originally Posted by paraclete

Given the size of certain individual and corporate incomes this is not verry impressive

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Hello again, clete:

We agree.

excon

The President talks of millionaires and billionaires and proposes increases of people who's income is in the $250,000 range. But it sounds good because he gets to demonize a small segment of the population with his demagogery .

No Clete ;tax reveunes are more than sufficient for rational government spending;even during this downturn. If we had the same budget we had before Obama's 1st budget there would be more than enough revenue to pay for the government .

From MoveOn.org:



Like Paul Krugman and the rest of the far left believes, all that spending that got us here was bad when Bush was in office, but good now. Bullsh*t.

Hello again, Steve;

Here's what you righty's miss... It was spending COUPLED with a tax cut that caused the deficit, and spawned the video. After all, spending for what a nation NEEDS is just fine as long as you have the revenue to pay for it. All we have to do is go get it. Wall Street is doing very well, thank you very much.

All the far left wants is SHARED sacrifice... That means EVERYBODY gives a little... It's only fair. But, the concept of fairness is FOREIGN to Republicans... Here's your concept of fairness. What's mine is mine, and what's YOURS is mine. It just ain't going to work, Steve...

Let me AGAIN remind you of how a businessman thinks, and I'M a businessman... First and foremost, I DON'T run my business based on the tax code. I run my business based on supply and demand... I only hire new workers WHEN I can't meet the demand for my product... I DON'T hire new workers based on the tax code... There's not a businessman out there who does.

To say that increasing taxes on those who are doing VERY WELL will HURT the recovery, is just plain nonsense..

And, it's not about the money, really... You're right... Taxing the very wealthy to DEATH won't pay down the deficit... It's about the IDEA of shared sacrifice... I want the wealthy to SHARE in the pain of recovery... I don't HATE the wealthy. I have a few bucks myself. It's the IDEA that we're ALL in this together... They'll still have plenty left over - really.

Did you see Titanic? Do you remember the CONTEMPT the people felt for the captain when he got into a lifeboat AHEAD of the women and children?? Come on, Steve. You felt it too. THAT'S the same contempt the left feels for the WEALTHY who are sailing off into the sunset in OUR lifeboat, while WE go down with the ship.

But, the REAL issue, as I pointed out, is NOT about money, the debt or the deficit... It's about POWER and who thinks they'll come out on top of the wasteheap they're creating. They SUCK.

excon

Did I ever tell you that most of the top 10 wealthiest congressman are Democrats? Topped by John Kerry, Dems hold 7 of the top 10 wealthiest spots. The richest dude won't even park his yacht in his home state because he doesn't want any part of "shared sacrifice."

Conservatives are far more generous with their money than libs because unlike libs, we don't believe in taking your money to give to someone else. We give out of our own pockets, not your pockets.

Oh and Wall Street? Our president, who has consistently demonized Wall Street, is asking them for money to get re-elected.

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Originally Posted by speechlesstx

Conservatives are far more generous with their money than libs because unlike libs, we don't believe in taking your money to give to someone else. We give out of our own pockets, not your pockets.

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Hello again, Steve:

I'm not talking about charity... I'm talking about paying for the roads - and maybe the wars Bush started. Generosity has NOTHING to do with it. Paying their FAIR SHARE of the services they use has EVERYTHING to do with it.

Uhh, the wealthy drive, don't they?

excon

You keep on talking about 'fair share ' when the rich already pay disproportionate amts of the 'progressive 'Federal income tax. What the left wants is wealth redistribution ;not 'fair share' .

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Originally Posted by tomder55

What the left wants is wealth redistribution ;not 'fair share' .

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Hello again, tom:

ALL taxes are wealth redistribution... But, that's an ideological discussion we can have down the road..

This issue NOW is MASSIVE cuts in services for the poor and the middle class, while the WEALTHY share NO pain... They're doing VERY WELL, need I remind you... But, to hold their noses in the air and say they WON'T share in the sacrifices the nation needs to make, pisses people off.

Did YOU see Titanic?? Didn't it piss YOU off when the captain got in the life boat and left the rabble to fend for themselves?? Sure it did... You're NOT heartless.

excon

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Originally Posted by excon

I'm not talking about charity... I'm talking about paying for the roads - and maybe the wars Bush started.

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You mentioned the "What's mine is mine, and what's YOURS is mine" attitude. I countered with the left's "what's mine is mine and what's yours is mine to redistribute" attitude.

I say ditch the Federal Reserve ASAP. This would solve that problem and America would be better off.

But who am I to say this? Presidents Lincoln, Kennedy both had this idea and look where it got them. The Fed voted with a bullet in their heads.

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Originally Posted by twinkiedooter

I say ditch the Federal Reserve ASAP. This would solve that problem and America would be better off.

But who am I to say this? Presidents Lincoln, Kennedy both had this idea and look where it got them. The Fed voted with a bullet in their heads.

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Real nasty accusation there twinkie, do you have evidence?

Since there was no Federal Reserve in 1865 I'd say we've entered tin foil hat territory .

Straight from the man who ushered in the "new era of civility," the twit-in-chief implied the GOP was holding a gun to the heads of Americans.

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"The debt ceiling should not be something that is used as a gun against the heads of the American people to extract tax breaks for corporate jet owners or oil and gas companies that are making billions of dollars."

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There is no bigger hypocrite in America today than our president.