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WebsterMark Serious Thumper Offline SuzukiSavage.com Rocks! Posts: 13895 Gender:	Re: Taxes Reply #30 - 07/26/12 at 05:19:33 Debt was 5.727 trillion on Bush’s first day in office and 10.626 trillion on last day. That’s 4.899 trillion in 8 years. National Debt as of this morning was 15.9 trillion for an increase of 5.362 trillion in less than 4 years.
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bill67 Serious Thumper Offline old tired Posts: 8517 genoa city wisconsin Gender:	Re: Taxes Reply #31 - 07/26/12 at 05:21:49 Raise everyones taxes 10% and cut everyones welfare 10% it wouldn't be long till we recovered.And everyone could live just fine.
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Drifter

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Re: Taxes
Reply #32 - 07/26/12 at 05:37:12

Canter, the defacto leader of the tea party, acts far more like a spoiled child than a man! Very good chance he will be gone in Nov.

Mark, i know it hurts so bad you cant wrap your head around it but bush, cheney and the other proxy wars...neo cons are the main reason we are in this fix. If Mitt wins it wil be bush act two....who will we attack next for israel along with more loopholes and tax cuts for the rich, the end of social security planned parrent hood etc etc.....who wins with this guy??? The 1% The war machine, Israel......

I really hope the mindless masses are not that stupid again!!

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« Last Edit: 07/26/12 at 07:27:36 by Drifter »

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bill67

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Re: Taxes
Reply #33 - 07/26/12 at 06:35:36

Drifter wrote on 07/26/12 at 05:37:12:

Canter, the defacto leader of the tea party, acts far more like a spoiled child than a man! Very good change he will be gone in Nov.

Mark, i know it hurts so bad you cant wrap your head around it but bush, cheney and the other proxy wars...neo cons are the main reason we are in this fix. If Mitt wins it wil be bush act two....who will we attack next for israel along with more loopholes and tax cuts for the rich, the end of social security planned parrent hood etc etc.....who wins with this guy??? The 1% The war machine, Israel......

I really hope the mindless masses are not that stupid again!!

+1

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WebsterMark

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Re: Taxes
Reply #34 - 07/26/12 at 08:27:38

neo cons are the main reason we are in this fix

That’s just plain stupidity. We are in this fix cause Hopey-dopey turned a bump in the road into a disaster and is still digging the hole deeper. He doesn’t know when to stop.

who will we attack next for israel
whoever we need to…

along with more loopholes and tax cuts for the rich
so they pay only their fair share.

, the end of social security planned parrent hood
God, I hope so….

.who wins with this guy??? The 1% The war machine, Israel......... some guy named Drifter.

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bill67 Serious Thumper Offline old tired Posts: 8517 genoa city wisconsin Gender:	Re: Taxes Reply #35 - 07/26/12 at 08:31:17 Obama disaster is getting us out of the wars,As Web calls a bump in the road.That was over a 10 year bump.
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justin_o_guy2

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Re: Taxes
Reply #36 - 07/26/12 at 08:32:09

Ohhh Its the dems fault, ohhhh its the pubs fault,, well,, this one made it worse Faster,,
WHO CARES!!?? Until someone stops making it worse, its gonna,, what? Anyone? Bueller? No? Anyone?

Its gonna get worse,, & off a clif at 50 MPH versus 250 MPH doesnt matter, its still off a cliff..

Agree with him or not, the ONLY hope we have for changing direction is Ron Paul.,.

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Serowbot

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Re: Taxes
Reply #37 - 07/26/12 at 08:52:38

WebsterMark wrote on 07/26/12 at 05:19:33:

Debt was 5.727 trillion on Bush’s first day in office and 10.626 trillion on last day. That’s 4.899 trillion in 8 years.

National Debt as of this morning was 15.9 trillion for an increase of 5.362 trillion in less than 4 years.

In this one thing,.. you are correct.
I meant to say the debt reached 10T under Bush, and Obama has added another 5T...

Interest payment on this debt,.. is now 1.2 billion per day.
Nearly half a trillion per year, by itself. This accounts for nearly 2T of increased debt under Obama's 1st term...
Obama's budget also has to pay the continuing cost of two wars as they are wound down...

Cutting spending will do nothing to reduce the debt, it will at best slow the increase...
The debt grows 1.2B per day on it's own...

As a pre-emptive retort to Webster's next volley of insult,..
Kiss my a$$ you stupid tw@t... Grin

...

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WebsterMark Serious Thumper Offline SuzukiSavage.com Rocks! Posts: 13895 Gender:	Re: Taxes Reply #38 - 07/26/12 at 09:28:09 Kiss my a$$ you stupid tw@t is that @ a a, i or what?...!
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Gyrobob

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Re: Taxes
Reply #39 - 07/26/12 at 09:36:11

Here's what we need to do. This would actually solve our debt and taxes problem.

1. Balanced budget amendment. Make the feds spend no more than they take in, just like most state and local governments, AND,.. like you and me.

2. Use our own energy resources. Expedite greatly the effort to use our own natgas and oil, while upping the development efforts on wind, solar, geo, etc. We do have the capability (not the will, unfortunately) to become energy independent within a decade or so.
-- Becoming energy independent would free us from the ragheads. It is total idiocy to give billions of dollars monthly to those who want to kill us.
-- Once they are denied our money, the terrorist threat would decrease significantly.
-- If we had no dependence on foreign oil, we could bring 90% of the military home.
--- This would save thousands of American lives annually.
--- Hundreds of $billions would be saved annually (trillions by some estimates).
-- Developing all our own energy resources would lower the cost of energy globally.
--- We have more oil inside our boundaries than the Saudis, but we'd never use it all because it would take a century to use it up.
--- Within the next decade or two we will have developed the other energy sources to such an extent we won't be using much oil anymore.
-- Having all our resources available would turn us into a vendor rather than a buyer.
--- We'd get $billions annually from energy sales.
--- We'd create millions of jobs here.

3. Fair Tax
-- Within months, $trillions would come back from overseas.
-- This influx of funds would create millions of jobs here
-- We'd save hundreds of $billions yearly just from cutting the IRS to 5% of its current size.
-- The massive monies we are spending on the illegal immigration problem would greatly reduce, since the illegals would no longer have a huge advantage over citizens, economically speaking. The illegals would have to pay tax on everything THEY buy too.

I'm not optimistic about any of this happening, though. The current grossly f***ed up system we have now is too firmly entrenched.

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bill67 Serious Thumper Offline old tired Posts: 8517 genoa city wisconsin Gender:	Re: Taxes Reply #40 - 07/26/12 at 09:48:30 Fair tax is good for the rich. Young couple with 3 or 4 kids would be paying the taxes,Shoe clothes and etc.
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Serowbot

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Re: Taxes
Reply #41 - 07/26/12 at 09:58:54

Energy independence is a myth put forth by the Repubic's... at least as far as oil goes...
Oil is sold on a global market to the highest bidder...
Oil produced in the US is on that same market...

Exxon and BP and whoever ain't gonna' sell it to US for less, no matter where they drill it...

Unless you want to create a "socialised" oil market?...?...
We'll call it "Obamaoil"?... Grin

...

Webby,... it's a, a... Shocked

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WebsterMark

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Re: Taxes
Reply #42 - 07/26/12 at 11:05:21

Good start Gyro. I think you're right, what's going to change?

Lot of reasons why things aren’t likely to change that much or quickly.
Starting with the fair tax. Here’s Bill’s comment.

Fair tax is good for the rich. Young couple with 3 or 4 kids would be paying the taxes,Shoe clothes and etc.

Right now, the top 5% pays the vast, vast majority of taxes but Bill here can’t comprehend that so he resorts to the tried and true class warfare. How can you pull off major tax reform when there are too many Bills, Star and Sews in the country….

I agree with Sew to a point about energy independence. Markets are global and there's not much of a home country discount so to speak. However, I think the way to look at it is to drive towards energy dominance.
Screw that green energy nonsense, its BS anyway. Let the others piss away money left and right chasing that rabbit. We’ll stick with oil, coal, nuclear, natural gas until we figure out cold fusion or something like that. It will happen sooner or later. In the mean time, drill baby drill.

One interesting unintended consequence of reducing oil from the Mideast. Most of those countries are third world countries sitting on first world oil supplies. What happens when the only thing they’ve got (besides hating Israel) is taken from them?...

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Serowbot

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Re: Taxes
Reply #43 - 07/26/12 at 11:27:50

WebsterMark wrote on 07/26/12 at 11:05:21:

...the top 5% pays the vast, vast majority of taxes

They also make like 90% of the money...
.. and while the rich have gotten richer,.. the poor and middle class have had their standard of living go down and down....

So, while their incomes have tripled and everyone else's went down,.. they are paying less taxes...
This extra money they got, was supposed to create jobs and higher pay for workers... though, nobody's seen it yet...

Trickle, trickle, trickle... Huh

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Re: Taxes
Reply #44 - 07/26/12 at 13:21:04

"In the mean time, drill baby drill." Webbie

...snort...idiot

America is inhabited by an over-population of people whose apathetic ignorance of all things political is apalling, and Webbie tops the list.

Don't you read others posts here Webbie?

"At least as far as oil goes...
Oil is sold on a global market to the highest bidder...
Oil produced in the US is on that same market...Exxon and BP and whoever ain't gonna' sell it to US for less, no matter where they drill it"...Sero

Yes, for example Alaskan pipeline oil goes to the port of Valdese where it's shipper to Japan (the highest bidder in the pacific basin for Alaskan oil.)

The oil companies don't giva a rat's ass where US oil winds up as long as they make the biggest profit possible.

The "Tea Party" has been a scam from day one.

Today's Tea Party is funded by super-rich robber barons like the Koch Brothers, run by dirty-trick political operatives, and promoted by fake "news" agencies like Faux "news."

If JOG's version of the TP ever existed, it's long gone. It's been hijacked by the lunatic fringe and in no way represents the will of the people, but 'uses' the people. They do not care one whit about reducing the deficit. The only reductions in spending they want are in social programs like SS and Medicare. The very programs that most elderly Americans depend on for their subsistence. Even their key statements, ("We're taxed enough already!") is false, taxes are lower than they were before the 1920's.

Meanwhile our crumbling infrastructure, the wires, the pipes, the roads, the bridges, are ignored while the corporatists make money hand over fist and laugh all the way to the bank laughing at fools like the Webbie, while his brain washed (brain dead) mind processes surreal right-wing talking points into hardened - and laughably inaccurate - opinions.

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