The KGB Oracle
Posted By: Wolfgang 2016 - 09/23/12 07:28 PM
[video:youtube]http://youtu.be/mscvdioSb0w[/video]
Posted By: Wolfgang Re: 2016 - 09/24/12 12:37 AM
Bringing up some of the last points in the video,I still don't get why some think the debt isn't a big deal. We've never had debt like this, and to think it's not that big of a problem and Ignore it leads me to believe some want to see us crash and burn. We are creating our own demise. It's amazing how people can't see this, it's in plain sight yet we are blind to the facts. Well, some of us are!
Posted By: Prism Re: 2016 - 09/24/12 02:37 AM
*Crickets*
{popcorn}
Posted By: JetStar Re: 2016 - 09/24/12 04:00 AM
Yeah my god, if Romney gets in, we are fucked. He is going to grow defense, give huge tax cuts, and with no plan to pay for it, the debt is going to sky rocket even worse that today. If you look at the past 3 republican presidents, the trickle down shit didnt work, and the debt was out of control.

We need a balanced plan to solve this, and we are not going to get that with a boob like Romney in there.
Posted By: Derid Re: 2016 - 09/24/12 04:18 AM

Given his past performance, I dont see how anyone could possibly imagine that Obama would be any better. It just does not seem plausible.
Posted By: JetStar Re: 2016 - 09/24/12 05:12 AM
Well we agree to disagree, and I think things are starting to move in the Obama direction.
Posted By: Wolfgang Re: 2016 - 09/24/12 08:41 AM
Originally Posted By: JetStar
Well we agree to disagree, and I think things are starting to move in the Obama direction.


So Jet, you think by taxing and spending more that somehow the debt will be reduced? This isn't the Clinton era, The debt is at $16 trillion and growing, you don't think at some point that crushing debt will come falling down? Where is Obama reducing it? The CBO has clearly stated that debt will be over $22 trillion by 2022. How is that reducing it? Obama won't have any money to give out if we are bankrupt.

I agree we need a new tax structure like a flat tax or something similar. Hell anything other than the current system would probably be a positive. But to keep adding more to the current system is a fucking joke. Besides when is the last time taxes were raised and the Government made cuts in order to curb the debt? N E V E R... is the answer you're looking for. Obama raising taxes is going to do the same thing, they will simply take that extra cash and spend it on something ridiculous like only Government seems to do.
Posted By: Wolfgang Re: 2016 - 09/24/12 09:07 AM
Just to be clear, I think some defense cuts along with other cuts are going to be necessary. The big issue here isn't tax revenue, it's S P E N D I N G... this isn't the Clinton era anymore. This tax and spend bullshit with a $16 trillion debt should be thrown out the damn door and buried, it will not work with this kind of debt.

Cut the red tape in order for business's to create jobs. Government cannot compete with the private sector in creating jobs. If the Government could, then we wouldn't have had unemployment over 8% the last 4 years with the $800 billion stimulus.
Posted By: Sini Re: 2016 - 09/24/12 01:30 PM
Originally Posted By: Wolfgang


you think by taxing and spending more that somehow the debt will be reduced?


Romney isn't offering alternative to "taxing and spending". His Ryan's plan is even less acceptable "not taxing and spending".
Posted By: Sini Re: 2016 - 09/24/12 01:34 PM
Originally Posted By: Wolfgang
Just to be clear, I think some defense cuts along with other cuts are going to be necessary. The big issue here isn't tax revenue, it's S P E N D I N G...


Yes, cuts to defense and social programs are necessary, but problem is PRIMARILY tax revenue. Nobody paying any taxes, rich are getting away with single-digit tax rates and 50% of the country does not pay federal income tax because generations of politicians bribed taxpayers by slashing taxes. These low taxes are unsustainable . Money has to come from somewhere, currently its from Fed running printing press 24/7, but that is also unsustainable in the long run.
Posted By: Wolfgang Re: 2016 - 09/24/12 10:13 PM
Originally Posted By: sinij
Originally Posted By: Wolfgang
Just to be clear, I think some defense cuts along with other cuts are going to be necessary. The big issue here isn't tax revenue, it's S P E N D I N G...


Yes, cuts to defense and social programs are necessary, but problem is PRIMARILY tax revenue. Nobody paying any taxes, rich are getting away with single-digit tax rates and 50% of the country does not pay federal income tax because generations of politicians bribed taxpayers by slashing taxes. These low taxes are unsustainable . Money has to come from somewhere, currently its from Fed running printing press 24/7, but that is also unsustainable in the long run.


As I said before, we need REAL tax reform. By adding more taxes to a screwed up system only makes it more screwed up. This administration has done jack shit about reforming a new tax system. As far as revenue goes, the total gross revenue in taxes the Government has received from 2005 and projected revenue of 2012 ranges from $4.7 Trillion - $5.2 Trillion. [url=BOOBS]http://www.usgovernmentrevenue.com/breakdown2012_0.html [/url]

Obama hasn't done jack shit, always bitching and complaining about the repubs. You know a real leader would still get the fucking job done. Clinton did, I would rather have his wiley old ass back in Office than to sit through 4 more years of Obama. Hell, I would consider punching myself in the nuts for four more years than to have Obama again. His change didn't work, so it's time to make a change. Can Mitt do any better? Who the fuck knows, I'm pretty sure the only way to get any worse than Obama is to vote in Harry Reid or Nancy Pelosi.
Posted By: Sini Re: 2016 - 09/24/12 11:05 PM
Originally Posted By: Wolfgang
Hell, I would consider punching myself in the nuts for four more years than to have Obama again.


Haha. I'd vote for that.
Posted By: JetStar Re: 2016 - 09/25/12 12:26 AM
Originally Posted By: Wolfgang
So Jet, you think by taxing and spending more that somehow the debt will be reduced? This isn't the Clinton era, The debt is at $16 trillion and growing, you don't think at some point that crushing debt will come falling down? Where is Obama reducing it? The CBO has clearly stated that debt will be over $22 trillion by 2022. How is that reducing it? Obama won't have any money to give out if we are bankrupt.

I agree we need a new tax structure like a flat tax or something similar. Hell anything other than the current system would probably be a positive. But to keep adding more to the current system is a fucking joke. Besides when is the last time taxes were raised and the Government made cuts in order to curb the debt? N E V E R... is the answer you're looking for. Obama raising taxes is going to do the same thing, they will simply take that extra cash and spend it on something ridiculous like only Government seems to do.


So, lets get rid of the Bush era tax cuts, stop getting in Wars we don't need to be in, grow the economy, increase the tax base, cut defense, etc.

I totally agree that Tax reform is required! Not another round of unpaid tax cuts that just increase the deficit. Romney's plan is CRAZY and undefined.

Flat Tax FTW!
Posted By: Helemoto Re: 2016 - 09/25/12 01:27 AM
Originally Posted By: JetStar
Originally Posted By: Wolfgang
So Jet, you think by taxing and spending more that somehow the debt will be reduced? This isn't the Clinton era, The debt is at $16 trillion and growing, you don't think at some point that crushing debt will come falling down? Where is Obama reducing it? The CBO has clearly stated that debt will be over $22 trillion by 2022. How is that reducing it? Obama won't have any money to give out if we are bankrupt.

I agree we need a new tax structure like a flat tax or something similar. Hell anything other than the current system would probably be a positive. But to keep adding more to the current system is a fucking joke. Besides when is the last time taxes were raised and the Government made cuts in order to curb the debt? N E V E R... is the answer you're looking for. Obama raising taxes is going to do the same thing, they will simply take that extra cash and spend it on something ridiculous like only Government seems to do.


So, lets get rid of the Bush era tax cuts, stop getting in Wars we don't need to be in, grow the economy, increase the tax base, cut defense, etc.

I totally agree that Tax reform is required! Not another round of unpaid tax cuts that just increase the deficit. Romney's plan is CRAZY and undefined.

Flat Tax FTW!


How about, stop getting into wars we dont need to be in, grow the economy, cut defense, etc.
if we do that we dont need to increase the tax base or raise taxes.
Do you read what you type, "unpaid tax cuts" what the hell is that.
Another difference in how progressives and everyone else see thinks.
And if you dont understand what I mean then your are a progressive,
and that is not a good thing. I like how the far left chose the
word progressive.
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