tStimulus Bill

[Gary Allan]

Quote:
I will post this for at least the 5th time.



...and it will be just as disingenuous for the 5th time.

(come on, everybody)

Oh, you can't help me, I'm stuck with the little people,
I'm stuck with the little people, I'm stuck with the little people.
Oh, you can't help me, I'm stuck with the little people,
I'm stuck with the little people 'til the day I die.

Remember ..wealth needed help ..and they thank you for your future support.

 

[Drew99GT]

Originally Posted By: GROUCHO MARX
Spending accelerates when power is not divided. It makes no difference which party has power.

'94-'00 deficits were no expanding at the same rate. Not thanks to Bubba, it was due to gridlock.

Rhinos were as bad as dems when given the combination to the safe.


I see. Nothing is good ol W's fault, but The Slickster's success wasn't because of his policies.

Remember, not one Rino voted for the deficit reduction act.

According to Tempest, it should have sunk us into another great depression.

 

[Gary Allan]

Oh, that debt was "good debt" ..so you wouldn't want to tamper with it by paying it off. Now the "new debt" wasn't bad since it happened at a different time. It was only "turned bad" by others. If not for them, it would have been just fine.

See how that works?

 

[1sttruck]

"As usual your sources have nothing to do with your assertion. There is NOTHING in that article to support your case."

I can only conclude that either you are learning disabled, or that you're on meds, or that you're, well, learning disabled to put it kindly.

The first paragraph in the link that I provided made clear the relationship between deficits and the war, and below is the second and part of the third, again making it clear the relationship between the war and the deficits.

Pretty much the rest of the world acknowledges the relationship as it's a matter of record now, a legacy of the administration.


http://www.cato.org/pub_display.php?pub_id=3184

The new estimates show that, under Bush, total outlays will have risen $408 billion in just three years to $2.272 trillion: an enormous increase in federal spending of 22 percent. Administration officials privately admit that spending is too high. Yet they argue that deficits are appropriate in times of war and recession. So, is it true that the war on terrorism has resulted in an increase in defense spending? Yes. And, is it also true that a slow economy has meant a decreased stream of tax revenues to pay for government? Yes again.

But the real truth is that national defense is far from being responsible for all of the spending increases. According to the new numbers, defense spending will have risen by about 34 percent since Bush came into office. But, at the same time, non-defense discretionary spending will have skyrocketed by almost 28 percent.

 

[1sttruck]

"What is your point. You don't have one as usual."

The point is that when you can't make a rational case for your position or when you're caught in a logical trap of your own making you end up resorting to just stating lies, and when confronted with it you continue to do the same.

 

[GROUCHO MARX]

Drew, W's fault was not using the veto pen once in the first 6 years.

I've said it over and over. Mark it down so that you don't forget it.

Pardon me for not kneeling at Bubba's altar. He retroactively raised 1992 tax rates in 1993. I will never forgive him for it and I believe it was illegal.

 

[buster]

Originally Posted By: Drew99GT
Originally Posted By: Tempest

Lower taxes = expanded tax base.


= Rhinos spending even more.


Exactly. That is all that needs to be acknowledge and this thread can be put to bed.

They have the guy in there camp that would change a lot of this, with some luck, but religion gets in the way. Pure and simple.

 

[Drew99GT]

Originally Posted By: GROUCHO MARX
Drew, W's fault was not using the veto pen once in the first 6 years.

I've said it over and over. Mark it down so that you don't forget it.

Pardon me for not kneeling at Bubba's altar. He retroactively raised 1992 tax rates in 1993. I will never forgive him for it and I believe it was illegal.


How could it be illegal? He proposed legislation, it passed the House committees, it pass the house, it passed the Senate, and he signed it into law.

 

[buster]

http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=88851

How do you stimulate this?

 

[Drew99GT]

Yea, I posted that a few days ago. If somebody doesn't get a real fix for that, we're done.

From their inception the surpluses should have been saved and not spent, but that would've never happened. I understand why Republicans in theory despise the entitlements, but they've fed from the surplus trough just like the Democrats.

Add in the un-accounted for derivative securities market, and we've literally burned so much money in the last decade, it's scary. But hey, we can always print more!

 

[GROUCHO MARX]

"How could it be illegal? He proposed legislation, it passed the House committees, it pass the house, it passed the Senate, and he signed it into law."
-----------------------------------------------------------------------------


Ex post facto.

 

[Gary Allan]

Quote:
If somebody doesn't get a real fix for that, we're done.


I had always accepted my place at the tail end of the baby boom. Any benefit that others enjoyed ..would be trampled to death by the time I got there. I accepted this with Disney ..in my imagination I could see getting to Yellow Stone ..just in time to see it fall apart from lack of maintenance ..litter everywhere ..etc...etc..etc..etc. I figured that whatever money that they sent me in terms of social security would be soaked up by the surrounding environment wrapping around it...and figured that I'd leave this life much like I came into it ..with nothing.

..but now I see that I'll be in negative numbers long before I ever reach retirement age.

I just didn't think big enough

 

[jmac]

Gary, The following link is a present for you. I came across this while looking for a similar treatise I saw a few months ago.

http://www.deepcapture.com/deep-capture-the-explanation/

 

[Gary Allan]

Ah ..nobility and gentility at its finest.

Hey, they figured ways to get it ..they have it ..they must deserve it

So says Natural Law.

 

[digitalSniperX1]

There are two plans in various stages of evolution going on right now to "cure" this problem and keep the legal Ponzi scheme (social security) going for a while.

(1) Socialize the debt. This will be done by gaining access to various IRA's and other resources through 3 methods:
a. Govt. control of your 401k and other personal/private methods in use to secure retirement. This is being seriously discussed now and the time is right to do it. Never let a disaster go to waste has been stated by one key person in the new regime. Those who've been hurt by recent events will be seduced into going that route. In other words, the current situation (those useful idiots seduced into swapping out their 401k's for "guaranteed rates of returns and payments") will get that domino chain activated.
b. Increased taxation for all, including those who've reached their expiration data and those who've not.
c. Death taxes paid today will be increased to a complete transfer of net worth to the govt for redistribution.

(2) Change the demographic. The current Ponzi scheme is falling apart quite simply because the ratio of deposits to withdrawals is declining. It's no different from the illegal Ponzi scheme in this regard. Now, I have rationalized the open border policy.
Additionally, the demographic will be changed because it will be rationalized that those who're living beyond their expiration date will have to be curtailed. That can be done in a number of ways, but first and most obvious will be to extend the expiration date, ie. raise the retirement age. The more sinister yet still statistically measurable will be a reduction in healthcare services and cash payments that will limit the time in expiration.

 

[oilyriser]

I believe you have illuminated most of what will be done. The problem has to be solved, so whatever needs to be done will be done. I wish I knew ahead of time exactly what would be done, so I could get in on the action, and buy shares in relevant coroprations.

 

[digitalSniperX1]

Hmm, I was referring to the unpublicized debt owed to social security "depositors", lol. Not sure what that has to do with a stock purchase. Illuminate me if you will please. I'd say with a plan like that, it'd best to get out of any stocks from companies in the business of providing "assisted living", and pehaps transfer those funds into companies providing services in "assisted dying" lol.

 

[1sttruck]

"The more sinister yet still statistically measurable will be a reduction in healthcare services...."

I guess we need more 'organic' healthcare as one ages, with less intervention and artificial drug use. That way we could cut the highest costs, which is increasingly intensive care, on the least beneficial type of care, which is extending a life a few days to a few years. Cold hearted, something right out of a Brave New World, but it's the only way that I can see making it work. Let Social Security / other pensions pay out with no limitations, to reap the benefits of the luck of genetics or a better life style.

 

[digitalSniperX1]

It is indeed a short term solution that will be implemented. It's really not debateable.

But why not have simply never engaged in such a system where these morally hazardous decisions will have to be made?

Quite honestly a Ponzi scheme made legal and calling it social security should've never been planned/managed in a fashion as it has been.

Fo anyone to defend what they've done is quite honestly insanity defined. They've put the entire well being of a nation at risk instead of devising a better, sustainable plan built around sound economics. To suppose that this is a 20-20 hindsight situation is also indefensible. It's calculable, and it was predictable...and only when the Ponzi scheme collapses will we the people be up in arms about it whereas we should point only to ourselves as being the fools we truly are.