Monday, October 13, 2008
Saturday, October 11, 2008
cutting taxes... how long before we have to pay off the "visa" bill ?
cutting taxes (even when running a deficit) of course stimulates the economy like buying stereo equipment stimulates my happiness (even when I have a huge visa bill), but at some point I'm going to have to pay off that visa or else my "house of cards" will come tumbling down... (and nobody will loan me money or it will be at an extreme rate).. I owe money to chase bank like we now owe money to the Chinese... we can keep just printing more greenbacks but that devalues the dollar as we see now... a long-term weak dollar will weaken our military and our security...
while the democratic congress deserves some flak it's the president's administration that puts together the budget and the current neo-conservatives would have you think that we can just continue to run record deficits and continue to cut taxes and continue to borrow money and it won't matter because our GDP is some great that it doesn't matter, but as we now see, it does matter...
iraq... what a brilliant move... if we really had intelligence on weapons of mass destruction we should have gone in with the shock and awe, checked the entire country for WMDs, taken out Saddam and left... what about the vacuum that that we would leave you say? there will be a vacuum there if we leave after 3 months, 3 years, or 30 years... the united states thinks in terms of winning the war in weeks or a several years but the people in this part of the world can sit and wait for decades while we occupy and then resume when we leave... can't force democracy on people... better to set a good example of what democracy and freedom are all about, that is why the torture issues and lack of legal process are so disappointing at gitmo... when you start making exceptions such as; these guys are soooo bad they don't need legal process... that's a slippery slope...
-john
my buddy Jonathan rants about the current situation
In 1996 to 2000 the government taxed fairly high, regulated more, the debt was being paid off, and the economy was steadily increasing. By 2008, the government taxed unfairly low, the debt more than doubled, deregulation occurred, the economy collapsed, and 5 years of growth was lost in a matter of months, US torture policy, deterioration of FEMA, Pentagon control of the CIA, a worldwide blunder on terror, return of the cold war, Russian weapons in Venezuala, North Korean and Iranian nukes, and lying campaign invoking fear and division.
So... The level of tax no matter how unfairly distributed does not correlate necessarily to economic prosperity. Pretty soon, you might be paying NO tax, and it will be the Democrats giving you a Bread Line.
I looked into Ayers and ACORN. There is nothing there! It's an absurd scare tactic whose accusations would certainly involve the Justice Department and hefty jail time if the accusations had merit, whereas Palin was found through a formal process to have actually violated policy.
Ayers... You don't necessarily know peoples' backgrounds when you go to sit on a board of directors, and anybody can contribute to your campaign. If somebody was a convicted felon it does not make you partner to their crime. Those organizations are clean and no work toward terrorism was ever performed or else it'd be a different story. Ayers was not active or recognizable as a terrorist nor engaged in anything of the sort during the time that Obama had contact with him.
ACORN... This is an organization that hired under privileged people to go out and sign up other under privileged people for voter registration. Obama was partner to their cause and there's no findings of wrong doing on Obama's part. However some of the under privileged workers would fill in fake names without going out and doing the real work of signing people up. As a result, they got paid for low effort, then they'd quit and take the easy money. There's no evidence of actual election fraud or else it's be a different story. Obama is not directly related to it or else it's be a different story. It is just a case of shady opportunists bending the truth to their own personal advantage. That's the real crime!
Thursday, October 9, 2008
my buddy Kevin suggests some links on "Tax and Spend Liberals -or- Tax, Spend, and Whine Conservatives?"
Try Charles Wheelan's writings...
http://finance.yahoo.com/expert/archive/economist/charles-wheelan/1My favorite of his being (the one that made me start paying attention to his writings - is this one from August, back before the Wallstreet bomb)...
http://finance.yahoo.com/expert/article/economist/98587* This does not include the potential $3Trillion just spent due to the financial crisis if things go south (thus potential). In other words the FedDeficit (as of this week) has the potential to "exceed" the current "total Fed Income" and that doesn't include projections of reduced Fed-Tax income. So at this point in time the Fed's potential liabilities exceed the entire income of the Fed Government for a year. To say that is a drop in the bucket is hardly something to swallow.
There are no Republican fiscal hawks anymore, that roll is now filled by my new buds - the Blue Dog Democrats. The Republicans are just about running the government like the Pharasee's did, moral issues for everyone but themselves / budgets be damned, we're not in debt. Evil Republicans, and even more evil is the AARP.
This one is so-so...
http://finance.yahoo.com/expert/article/economist/108425Wednesday, October 8, 2008
Tax and Spend Liberals -or- Tax, Spend, and Whine Conservatives ?
looking for information on "tax and spend liberals" compared to "tax and spend and whine conservatives"
Obama health plan outperforms McCain plan in coverage and efficiency
I am a little worried that I'm going to get a check for $2500 from McCain and lose my employer-health-plan insurance and then have to find a policy for individuals that has exclusions on pre-existing conditions and high deductibles...
The Urban Institute/Brookings Institution Tax Policy Center (TPC) (SEE BELOW) finds that both candidate's plans are in the same ball park as far as tax payer cost but the Obama plan insures many more people with less cost per person... don't believe the hype that Obama is for full socialized medicine... not true... go google for more comparisions
The Urban Institute/Brookings Institution Tax Policy Center (TPC) (SEE BELOW) finds that both candidate's plans are in the same ball park as far as tax payer cost but the Obama plan insures many more people with less cost per person... don't believe the hype that Obama is for full socialized medicine... not true... go google for more comparisions
Obama health plan outperforms McCain plan in coverage and efficiency
May 23, 2008 | EPI Policy Memorandum #126
http://www.epi.org/content.cfm/pm126
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