Page 52 of 159 FirstFirst ... 242505152535462102152 ... LastLast
Results 511 to 520 of 1582

Thread: State of the Union Address

  1. #511
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 01:25 PM
    Gender
    Lean
    Conservative
    Posts
    67,264

    Re: State of the Union Address

    Quote Originally Posted by AdamT View Post
    And what gives cash value? It's just paper, right? What makes it worth more than a knapkin?

    A: it's backed by the U.S. Treasury -- just like Treasuries.
    What exactly does that mean? So it is backed meaning that the people will get the dollars associated with the obligations owed them, the question is however what will those dollars be worth?

  2. #512
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: State of the Union Address

    Quote Originally Posted by Free_Radical View Post
    If you aren't going to address the points I've made by providing a substantive analysis, then I'll simply forgo any future attempts to have a rational dialog with you.

    Brian
    Your point was addressed here: http://www.debatepolitics.com/breaki...post1060145114
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  3. #513
    Sage
    AdamT's Avatar
    Join Date
    Jul 2011
    Last Seen
    02-13-13 @ 04:09 PM
    Gender
    Lean
    Undisclosed
    Posts
    17,773

    Re: State of the Union Address

    Quote Originally Posted by Harry Guerrilla View Post
    Going to the doc for a cold, when there is nothing the doc can do, is a waste of medical resources.

    I'm sorry but you can't "fear" me out of the this position.
    There is no perfect answer.
    Problem is, people who don't understand that the doctor can't cure a cold ... still aren't going to understand it if they have to pay more to go to the doctor. I'm not trying to scare you out of your position. But I don't want your position to scare people from going to see the doctor if they're sick. Famous last words: "ah, it's probably just heartburn."

  4. #514
    Sage
    Harry Guerrilla's Avatar
    Join Date
    Dec 2008
    Location
    Not affiliated with other libertarians.
    Last Seen
    09-01-17 @ 02:38 PM
    Gender
    Lean
    Libertarian
    Posts
    28,955

    Re: State of the Union Address

    Quote Originally Posted by Catawba View Post
    That is not lowering cost, that is transferring costs to those that can least afford it.
    The elderly are the wealthiest in our society.

    Why do think a regressive tax on the less wealthy is a good thing?
    Seems like you're supporting taxing the poor, to benefit the rich.

    The Rising Age Gap in Economic Well-Being | Pew Social & Demographic Trends
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  5. #515
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: State of the Union Address

    Quote Originally Posted by Harry Guerrilla View Post
    You think incurring debt, in the name of people who have no say, is alright?
    More telling about you than anything else.
    So by your reasoning, I am not responsible for the debt for our excessive military spending, or the optional wars in Korea, Vietnam, and Iraq?
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  6. #516
    User
    Join Date
    Jan 2012
    Last Seen
    02-13-12 @ 02:11 PM
    Gender
    Lean
    Libertarian
    Posts
    93

    Re: State of the Union Address

    Quote Originally Posted by AdamT View Post
    And what gives cash value? It's just paper, right? What makes it worth more than a knapkin?
    Well, our money is given its value by its monopoly status, but that's neither here nor there. The point is that "cash money" is a real economic asset that can be used to pay down the liabilities incurred by SS, whereas Treasury Securities are nothing more than government debt, which is the exact opposite of a government asset; indeed, a Treasury Security is a government liability.

    A: it's backed by the U.S. Treasury -- just like Treasuries.
    I think you're a bit confused. Treasury Securities are not assets on the government's balance sheet, they are liabilities. "Cash money", on the other hand, is an economic asset. That's the difference between financing the SS "trust fund" with Treasuries and cash. One is government borrowing and the other is not.

    Brian

  7. #517
    long standing member
    justabubba's Avatar
    Join Date
    Dec 2005
    Last Seen
    Today @ 01:37 AM
    Gender
    Lean
    Independent
    Posts
    36,145

    Re: State of the Union Address

    Quote Originally Posted by Hare View Post
    As usual with Obama, Delivery was an A, Content a C or D.
    what about the speech content did you find lacking
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

  8. #518
    Sage
    Boo Radley's Avatar
    Join Date
    Dec 2009
    Last Seen
    11-22-17 @ 04:22 PM
    Gender
    Lean
    Liberal
    Posts
    36,858

    Re: State of the Union Address

    Quote Originally Posted by Conservative View Post
    Yes, do you have a problem with that? Why should the Govt. take any part of that money instead of allowing the individual that took the risk to spend it as they see fit?
    Same reason anyone pays taxes. They benefit from government services, so they contribute to paying for them. It's not a secret.


    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.

  9. #519
    User
    Join Date
    Jan 2012
    Last Seen
    02-13-12 @ 02:11 PM
    Gender
    Lean
    Libertarian
    Posts
    93

    Re: State of the Union Address

    Quote Originally Posted by Catawba View Post
    That has absolutely no relevance to our initial contention concerning SS expenditures and debt. It is another line of argumentation entirely that concerns the nature of the SS "trust fund".

    I think this exchange has run its course and I'll make a mental note of your refusal to engage in rational and consistent dialog.

    Brian

  10. #520
    Sage
    Harry Guerrilla's Avatar
    Join Date
    Dec 2008
    Location
    Not affiliated with other libertarians.
    Last Seen
    09-01-17 @ 02:38 PM
    Gender
    Lean
    Libertarian
    Posts
    28,955

    Re: State of the Union Address

    Quote Originally Posted by AdamT View Post
    Problem is, people who don't understand that the doctor can't cure a cold ... still aren't going to understand it if they have to pay more to go to the doctor. I'm not trying to scare you out of your position. But I don't want your position to scare people from going to see the doctor if they're sick. Famous last words: "ah, it's probably just heartburn."
    Do you want a perfect answer?
    Should we reduce cost sharing instead?

    You do know there is cost sharing, in Medicare, now.

    It encourages people to know more about their medical issues than they would otherwise.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •