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Thread: United States loses its AAA Credit rating from S & P

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    Where does investment capital come from and then tell me how you know what the rich do with their money?
    Banks mostly.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

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    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    What is in the liberal DNA that makes them experts on every issue? The election results of Nov. 2010 put more Conservatives in positiion of power than ever before. It was a wave election Guess the people of TX are just plain miserable that they have no problem wanting more of that misery. Does it ever cross your mind that the partisan op ed pieces that you believe shine a bad light on TX could be wrong?
    Expert? Are you not just as certain of your position? As for voting, are you saying that every election has always produced the best possible results and never has gone contrary to the evidence? really?

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by The Barbarian View Post
    The very simple truth is, something that so call conservative politicians had gone away from, but are returning to (hopefully) is the conservative view is smaller more efficient government, with less spending and lower taxes for all.

    So you are asking them to once again go against their core value, and I can understand that, because if they do, they will be voted out of office again. Something the liberals need to have happen to continue with their tax and spend policy, that they have never gotten away from.

    I could see one way of raising taxes, and I can't take credit for it .. someone else posted it, and the more I thought about it .. the more I liked it.......... by law, make any tax increase go directly to the principal of our debt, can't be spent any other way. In my opinion, that will be the only way to get a tax increase passed.
    I don't believe politicians have a core value, and that they go against it any chance they get. I think we've seen that from both parties. But, having values is different than being an ideologue who cannot see beyond an ideology. Pragmatism often requires that people forsake their perfect ideology for the greater good, to actually accomplish something. Republicans have shown often that if in power, debt will become less a concern for them. They too spend, the only difference being what they spend on.

    Services in and of them self are not evil or bad or wrong, but to provide services without paying them is foolish, which is why I could not understand Bush's tax cut and spend policies. They made much less sense than tax and spend, and cut spending and reduce taxes. Government should work for us, accomplish the things we cannot alone. The line for where we go too far is up to us to decide, but to demand services without paying for them is foolishness.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Boo Radley View Post
    Where do you get class warefare (sic)
    Obama Slams 'Fat Cat' Bankers - WSJ.com

    Corporate Jet Tax Gets Six Obama Mentions, $3 Billion Estimate - Bloomberg

    they don't cover THE NEWS in new south wales?

    odd

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by The Prof View Post


    Now you miss what was even being discussed.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Boo Radley View Post
    No, we have a debt problem. To combat that problem, you cut spending and rasie (sic) revenue
    cuomo will fight you

    "put it simply, the people of this state simply cannot afford to pay any more taxes, period"

    he's pretty unequivocal

    cuz if you don't have with you perhaps the most successful democrat leader in america today

    now, there's a splinter

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Thunder View Post
    we have a spending problem AND a revenue problem.
    U.S. funding for future promises lags by trillions - USATODAY.com

    exactly how much of the 5.3 trillion does the party in power propose we make good thru tax hikes?

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Boo Radley View Post
    There is no reason to feel sorry for anyone here.
    it's not a question of sympathy

    it's a matter of leadership

    "we have to relearn the lesson our founders knew and we have to put up a sign that says new york is open for business, we get it, and this is going to be a business friendly state"

    GOVERNOR ANDREW M. CUOMO STATE OF THE STATE ADDRESS | Governor Andrew M. Cuomo

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by deltabtry View Post
    This especially applies to over time at work, for every ten hours of overtime I work the next ten belongs to Uncle Sam, therefor I don't work more than ten hours of O/T.
    That's just nonsense. Someone is having a problem with arithmetic

    The highest income tax rate is 35%. How that became 100% for hours 50-60 is mathematically impossible. It must be that rightwing math that bush* used when he claimed his tax cuts would still leave enough money to pay down the debt
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Boo Radley View Post
    I don't believe politicians have a core value, and that they go against it any chance they get. I think we've seen that from both parties. But, having values is different than being an ideologue who cannot see beyond an ideology. Pragmatism often requires that people forsake their perfect ideology for the greater good, to actually accomplish something. Republicans have shown often that if in power, debt will become less a concern for them. They too spend, the only difference being what they spend on.

    Services in and of them self are not evil or bad or wrong, but to provide services without paying them is foolish, which is why I could not understand Bush's tax cut and spend policies. They made much less sense than tax and spend, and cut spending and reduce taxes. Government should work for us, accomplish the things we cannot alone. The line for where we go too far is up to us to decide, but to demand services without paying for them is foolishness.
    I disagree .... conservatives use to have that core value, of a smaller more efficient government, and lower taxes for all as welll, did they get away from it, hell yes they did, I've admitted that several times, it does appear at this time, that some of the newly elected republicans are getting back to that sort of core value... for that I can respect them.

    As for the Bush tax cuts, I have mixed feelings, on the one hand with the dot com bubble ending, and with 9/11 happening so soon after, we needed something to jump start our economy, and it did seem to do that ... as we had pretty good growth until 2007 ... on the other hand ... going into war, you know that spending is going to increase. So were tax cuts healthy, thats just hard to say.

    I can argue until I'm blue in the face that the tax cuts helped spur growth in our economy, but that can never be proven, you can argue that the tax cuts didn't spur growth in our economy, and can't prove that either. All that can be said is that after the tax cuts our economy did jump ..... why can be debated forever.

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