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Oldog
| | Posted on Tuesday, July 12, 2011 - 03:31 pm: | 
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I am angered by the retoric, and utter BS, from the hill, its obvious to a dumbarse like me that we cant continue the way we are going,
no person or country can spend more than they take in, with out concequence.
Hopefully the repubs will stand their ground no increase in the debit ceiling, no taxes, Cut ALL government programs some, and some cut out all Together,
We should demand that the banks / businesses that got bailed out pay back with interest ( the banks ) as they charge their clients or get closed.
I took my retirement from the Geniuses at the bank a couple of years ago, put what I could in real estate ( home to live in )
and am saving the rest. ALL currently serving politicos who voted for Aboma-kare or the other no read bills should be sacked
I hope that we suck it up while we can and get out from under the debit, other wise CHINA WILL OWN US. |
Oldog
| | Posted on Tuesday, July 12, 2011 - 03:32 pm: |
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Thought for the day,
how do you tell when Obama is telling a lie?
his lips are moving |
Buellerandy
| | Posted on Tuesday, July 12, 2011 - 03:44 pm: |
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I'm still wanting to know what court knows about my 401k. I remember back in '08 when the house wanted to socialize them and I wouldn't doubt they'd try it again. |
Aesquire
| | Posted on Tuesday, July 12, 2011 - 07:46 pm: |
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As far as American Exceptionalism....
Nothing to do with DNA. We're from everywhere.
Nothing to do with infrastructure, the Germans built the Autobahn, and coal to gasoline plants. Also synthetic fertilizer and a lot of chemistry.... ( including Zyklon-b...) The Dutch built the dikes, the Brits the first railroads....
Nothing to do with manufacturing. True, our ability to make production plants for tanks, trucks, planes and ships back in WW2 was pretty astounding, and it's a sad thing that you almost can't buy consumer goods made here... But it's not what we make, it's how we chose to make it.
The Constitution was the first serious national charter that placed the power in the hands of the citizens, not the aristocracy. Yes, we lifted some good ideas from the Magna Carta, ( thanks brits! ) and out jurisprudence is based on English law, but the Magna Carta was a document to limit the power of the king re: his nobles. Not the peasants. Here, the peasants choose the leaders. ( and, yeah, often the choice is sub optimal. Lots of bozo's get and stay in power far longer than makes sense. it's the breaks. )
The Constitution is based on the observed fact that some people are evil, and some people want power for powers sake, and this has been true since long before Rome made the term "Bread and Circuses" a saying. So, knowing the failings of man, the Founders limited the power of man over another.
It's not perfect. We've had problems. But slavery based on skin color is long gone. We had a war. ( sex slavery is, alas, alive and well. ) We still have the vestiges of the Progressive Eugenics Movement in Planned Parenthood, and the moral musings of the "elite". ( see Ted Turner and cannibalism )
We are exceptional, not for Who we are, but for How we are. Only here would you be able to spout off on a "web" originally intended to survive nuclear war. ( no one else would have made such an open forum. No one. ) Today, this year, your thoughts are popular among certain people. In 2 years? those attitudes may be cause for pity. But no one in a hypertheretical "tea party" dominated land is going to come to your door and kill you for such thoughts spoken to the planet, as you have here. ( with some noisy, but friendly disagreement ) In China? They charge the family for the cost of the bullet to the back of the head. It rubs in how petty a creature you are in relation to the Holy Party.
look at how free each other country on the planet is now, and has been, for the last thousand years. Look at the change after American involvement. ( not always a good thing ) Compare to Soviet involvement. There's a reason we have a special relationship with England, Australia, and New Zealand. |
Buellinmke
| | Posted on Wednesday, July 13, 2011 - 10:15 pm: |
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The longest period of economic growth in the US (1953-1961) coincided with tax rates of over 90% for the richest Americans.
http://www.taxfoundation.org/publications/show/151 .html
If we reduced DOD, DEA, and ATF budgets by 50% + raised taxes back to Clinton era, and embarked on a national high speed rail initiative that included re-urbanification of American cities with developments around depots, you would see a rebirth of the US economy. Otherwise, there will never be a rebirth, there simply is no place for 30 million unemployed Americans to work....resulting in added burdens to the State. Urban sprawl is a massive fail, and simply an unsustainable social model.
Anyone who says taxes and regulations are the reason we're in this situation are flat out liars. Tens of millions of jobs went to China for $5 a day labor, no EPA, no OSHA, no pensions, and no healthcare. If that's what you want for America then you should move to China for a year to see how you like it first, if the air doesn't burn your eyes blind and fill your lungs with cancer. That's what it will take to move those factories back here. That or a nuclear war with China....they're never coming back. |
Indy_bueller
| | Posted on Wednesday, July 13, 2011 - 11:32 pm: |
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The longest period of economic growth in the US (1953-1961) coincided with tax rates of over 90% for the richest Americans.
The longest period of economic growth in the US (1953-1961)occurred in spite of tax rates of over 90% for the richest Americans.
Fixed! You must be one of those folks who believes in the "high taxes promote economic growth" theory. I challenge anyone to find three examples of when that has ever worked.
How about if we reduced ALL federal budgets by 50%, cut taxes by 10%, closed all tax loopholes, and did away with the pending regulations that BUSINESS LEADERS HAVE REPEATED SAID IS KEEPING THEM FROM INVESTING BECAUSE THEY DON'T KNOW HOW MUCH THE NEW REGULATIONS ARE GOING TO COST THEM!!! Big business right now is making good money, but they are banking it and not hiring anyone because they are afraid of Healthcare and the Frank-Dodd bill. I'm not saying taxes and regulations are the reason we are in this mess. I'm saying they are the reason we aren't RECOVERING from this mess.
http://www.bloomberg.com/apps/news?pid=newsarchive &sid=aBQvLgBvPF.A&refer=news
http://query.nytimes.com/gst/fullpage.html?res=990 3E2DA163FF932A25753C1A9639C8B63
http://articles.timesofindia.indiatimes.com/2009-0 8-13/india-business/28180338_1_tax-rate-corporate- tax-tax-slabs
The reason we are in this mess is not because the jobs went to China. Its because Bill Clinton lowered the standards for buying homes (20% down, etc.) and encouraged the banks to make as many loans as they could, telling them to sell their bad loans to Fannie and Freddie. That's why Fannie and Freddie are insolvent. Problem is, they made so many bad loans that F and F couldn't buy them all, and a lot of them made their way into mortgage backed securities. BLAMMO!
http://www.nytimes.com/1999/09/30/business/fannie- mae-eases-credit-to-aid-mortgage-lending.html
High speed rail? Seriously? AMTRAK can't get lines to cities less than 200 miles apart to continue to operate without massive injections of cash from the Gubmint. So we spend a Trillion dollars developing a transportation system that no one will ever use, and will become yet another burden on the taxpayer? Please. |
Jb2
| | Posted on Thursday, July 14, 2011 - 09:40 am: |
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High speed rail won't be a matter of choice. We'll be forced to pay for it then we'll be forced to ride it if you want to go anywhere outside of what the gubmint deems your driving range. All in the name of saving the planet or saving us from ourselves of course. Add backscatter radiation or then newly touted taser bracelets to make your travel experience completely free of danger or freedom. Frickin' socialists! |
Sifo
| | Posted on Thursday, July 14, 2011 - 09:56 am: |
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Anyone who says taxes and regulations are the reason we're in this situation are flat out liars. Tens of millions of jobs went to China for $5 a day labor, no EPA, no OSHA, no pensions, and no healthcare.
So what president worked so hard to get China into the WTO so that we could better set up free trade agreements. Sadly the party of fair labor practices doesn't seem to care about Chinese labor, or what that would do to our labor situation either.
Back to the present though. Now that we have set it up so that China can compete with us with their $5 per day salaries, no EPA, no OSHA, no pensions, no healthcare (Wait, don't they have government health care? That's our future.) what exactly do we have to entice companies to stay in the US with? Pretty much nothing but tax rates. Now the party that set the Chinese up to take our jobs wants to put the nail in the coffin with the last incentive available and raise corporate taxes even more.
You tell me... Where is the lie? |
Court
| | Posted on Thursday, July 14, 2011 - 10:21 am: |
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We can do better. |
Trojan
| | Posted on Thursday, July 14, 2011 - 10:24 am: |
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With a mere 8.7 Trillion dollar deficit (and growing) somebody has to do better soon, or the whole world financial system as we know it will collapse  |
Reindog
| | Posted on Thursday, July 14, 2011 - 10:27 am: |
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Buellinmke,
Nice scare tactics. My office mate just returned with his family from a two week visit to China. China is modernizing at a fantastic rate. His engineering friends are thrilled with brand new projects. There is an emerging middle class which will demand cleaner air and higher wages.
What YOU offer if further decay but you have proven that you will never understand this most basic of principles. Neither will President Crybaby. |
Sifo
| | Posted on Thursday, July 14, 2011 - 11:02 am: |
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There is an emerging middle class which will demand cleaner air and higher wages.
Those demands should have been a prerequisite to bringing them into the WTO. It's far easier/cheaper to start out running clean, rather than clean up later. |
Reepicheep
| | Posted on Thursday, July 14, 2011 - 11:25 am: |
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A friend of mine lives in Bejing...
If you want medical care there, bring cash. Which creates an interesting side effect... tons of Chinese have significant savings... because they know if they don't, they could very well die in line at a hospital. |
Court
| | Posted on Thursday, July 14, 2011 - 08:46 pm: |
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Interesting.
We, of course, have a Badwebber (not largely a lurker) who has major business dealings in China and various parts of Asia and spends significant time there.
My cohort on the Columbia Alumni Board is an executive with Cuisinart and has an apartment there, he spends about 4 months a year in country.
Their actual experiences vary significantly with what I read here.
Vacations . . at least in one opinion . . are playing a role in changing China. Several years ago, they declared some sort of a holiday. They found that when folks had a day where they didn't work . . they spent money and there was a significant multiplier effect benefit.
I enjoy reading and learning from a variety of sources but some of the old "Chinese stuff is crap" holds little or no water any longer . . . most of you who play guitar already know this. |
Cityxslicker
| | Posted on Friday, July 15, 2011 - 05:24 am: |
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the US med system is already going to a cash component. Many doctors here are only accepting green backs, maybe credit cards - but as along as they are legally allowed to restrict their practices to not accepting Medicare/Medicaid (and as of 1/1/2014 -that will be questionable) that 'new' shiny Hopey Changey thing a majig that they called ObamaCare aint worth the 2600 pages it is written on.
You will see a black market of cash only, house call only physicians sprout up en trend and medical tourism OUT of America by the well monied, well optioned will continue to grow. |
Buellerandy
| | Posted on Friday, July 15, 2011 - 11:10 am: |
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I don't think going back to the way of house calls would be a bad thing. |
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