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"Onward Christian soldiers marching as to war" I guess if Jesus finally returns, he can run for president.:rolleyes: |
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Just sayin' ... |
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The question is whether the United States has become ungovernable. :eek: |
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How do we develop a perception of a candidates character and their potential ability to govern. Obama had excellent credentials, Harvard, professor, congressman. Yet, he seems to lack the essential ability to stand up and exert political power. Perhaps in this day and age we need a President who can kick ass. |
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government is the solution/secular vs government is the problem/religious Why are these two pairs of mutually exclusive ideologies paired this way? I don't know. This is guaranteeing that neither party will satisfy a large portion of the population. Quote:
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Do you really think that in the case of the FTA and NAFTA that Canada was bribed with military hardware? Canada, the country where the standard of living is higher and the purchasing power of our currency is greater than the US had to be bribed. Get serious. Quote:
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The only thing the US exports from these free trade agreements is US jobs
Notice how all our jobs are going to India and China and the US middle class will soon be an endangered species while China's and India's middle class is growing :yes: Jerseygirl Jen |
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These kids with their newfangled technologies. :lol: |
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I was talking about U.S. workers. |
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Kudos for the correct use of the word "abrogate" -- something I don't see every day, or month, or year for that matter. :respect: |
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For instance, it's fine that China is the main manufacturer of solar panels. The problem in the United States is that absent a national policy and the will to convert to this renewable energy source, the United States doesn't create the tens of thousands of jobs INSTALLING those panels. Our unemployment is a demand issue, not a supply issue. |
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(Sorry, I just got home from school and I haven't shifted gears yet. ;) ) |
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Ila
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After WWII the unions were strong and the working class was able to join the middle class, buy a house, a car and have a family. Big business resented the power of unions and the Taft Hartley bill was passed and then came more "right to work" bills further weakening the unions. Since the 1970s the working class part of the middle class has just been treading water and going deeper into debt. The unions strongly supported the Democratic party and congressmen thereby providing a counter balance to the Repubs. This is gone now and both parties are beholden to corporate America. I find it mystifying that corporate America is determined to destroy the middle class. These are the people that buy there stuff. A viable middle class is the heart of America. I don't understand it. :frown: |
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Also, the middle class was sold on the idea that buying a house was an excellent way to invest for the future. Extremely easy credit was used to lure people into buying overpriced properties with the assurance that prices would continue to go up. What a con job! Most homeowners with these big mortgages are now underwater and will stay that way for years to come. What a horrible feelling that you paid $500,000 for a house that is now worth $250,000 and you owe $400,000. Are people in that situation going out and spending lots of money? Without consumer demand, the companies are not going to hire more workers. The greedy banks and financial houses in cahoots with the federal government (Greenspan) have thoroughly fucked up our middle class economy, while the rich are sitting pretty. :censored: |
Obama's plan to reduce the deficit includes $1.5 trillion in new taxes. He had his chance to lead before. The democrats and republicans left deficit reduction strategies up to the deficit super committee, which from what I've heard were not going to depend on new taxes. Did he forget about that?
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As governor of California, Earl Warren used to say, we pay as we go. that's the only way an economy can be sustainable. California was thriving in those days. |
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1. It is a fallacy to analogize personal/consumer debt to government deficit spending. I am not saying you have done this, Randolph, but rather am making a general point. 2. If you truly believe that "social spending should be based on productivity of the economy" and you truly see "no justification for social spending based on debt," than you must be completely opposed to any type of government stimulus of the economy whatsoever. That would include the WPA and CCC during the Great Depression. Is that the case? Off to hang out with Kaiti and Tiffany ... "skipping" classes, and back on line sporadically over the next couple of days. |
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2- Social spending, ie. social security, medicare, etc, must be based on long term sustainable government income(taxes). Otherwise it contributes to inflation. WPA and CCC were temporary measures to relieve human suffering during a severe depression. They did little to get us out of the depression, however. The massive Keynesian spending during WWII (for manufacturing war materials) got us out of the depression. That created a huge amount of debt but it was resolved by economic expansion after the war. I may sound Teapartyish here, but I am not. I am a progressive in that government must play a role in human services. That role must be based on sound economic policy, however. |
Buffett Says He Stands By 'Buffett Rule'
"Warren Buffett says he's absolutely "fine" with President Obama calling the new plan to establish a minimum tax rate for individuals making more than $1 million a year the "Buffett Rule." Buffett has long argued that the wealthiest Americans tend to pay a smaller portion of their income in federal taxes than middle-income earners because some millionaires and billionaires often get much of their income from capital gains, which are taxed at a lower rate than basic wages. Buffett has argued that the "billionaire-friendly Congress" has coddled the wealthy and that that practice should end." In other news: Warren Buffett Arrested For Tax Evasion "In a surprising development, Warren Buffett was reportedly arrested this morning at his Berkshire Hathaway offices in Omaha. Allegedly, he has not only paid less than his secretary in taxes, he hasn?t paid ANY taxes in last ten years. Or maybe it was just an IRS error. It?s not clear. The IRS has supposedly been going over Bufftett?s tax returns with extra care because President Obama is about to present the the nation with ?the Buffett tax?, which raises taxes on millionaires and billionaires. What they reportedly found was that Buffett?s company has been paying taxes but it?s Chariman, Warren B., has not filed taxes in ten years and before that he was only paying taxes on a rate of 7%, thanks to some very creative accounting and some help from the IRS." :lol: At least these democrats are entertaining :lol: |
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Some fun with Warren
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This is insane and the administration is an embarrassment to this country. Buffett and Obama are pushing for higher taxes for the rich while Buffet pays little, if any tax. Not because of the tax rate for his tax bracket, but because he chooses to take advantage of loopholes at best, and at worst, perhaps just doesn't even pay the taxes (while saying the government should raise taxes). When Buffett is arrested for tax evasion Obama, who complains that the rich pay too little in taxes - PARDONS HIM?
What kind of example does this set? How are we to view Obama's proposal as anything other than politics and pandering to his base. His proposal is deal on arrival. And about the evil rich, barring people like Warren Buffet who simply don't pay their taxes... From the AP: Quote:
Then there's the Solyndra thing. BO props up this train-wreck of a company with a half billion $, everyone who knew the company knew it wasn't viable. Naturally it goes bankrupt and the half billion $ is gone. The company will be investigated... by Obama's goon Eric Holder. Solyndra has been advised to plead the 5th. The injustice department will ensure that congress never sees that data. I think Solyndra is just the tip of the iceberg. How many other non-viable companies have been propped up by Obama's stimulus packages? This coming presidential race is the republican's to loose. Not that that's encouraging to me... |
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The statement read that the downgrade was based on the "current level of debt, the trajectory of debt as a share of the economy, and the lack of apparent willingness of elected officials as a group to deal with the U.S. medium term fiscal outlook." Had the shenanigans been otherwise, the rating would have stayed the same. S&P expected adult behavior, not necessarily a total solution. |
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And I'm glad we can agree on something. ;) |
http://www.faculty.fairfield.edu/fac...ome&wealth.htm
Tracy, given the data at this link is a little bit dated, but more contemporary studies suggest that in recent decades, wealth has become even more concentrated in the hands of the elite few. The "poor" rich folks in the top ten percent of earners pay 70% of income taxes in the US. Well guess what, that same top ten percent owns over 70% of the income and wealth in America. So from where I stand, it seems perfectly reasonable to expect the people who own most of America to in turn pay the bulk of the taxes. To suggest the rich are "overtaxed" is to ignore just how much of America the top few percent of earners actually own. |
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Bush vs Obama on new spending.
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http://money.cnn.com/news/storysuppl...ailouttracker/ |
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From NY Times Quote:
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