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Thread: Obama will not extend Bush tax cuts to wealthy

  1. #161
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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by phattonez View Post
    If that's true then why do you pay your waiter, or your chef, or the guy who parks your car? Hmm, those services must be worth something then.
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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by tlmorg02 View Post
    Spending indeed needs to be cut, but short of totally bringing all through troops home and allowing unemployment benefits to end there is no way to reduce spending significantly.
    I can think of a few examples: end foreign aid, significantly cut welfare benefits, end farm subsidies, etc. Social security and welfare are huge parts of the budget. Stop spending so much there and you're on your way. Look at this list of government agencies and departments, how many do you see that you would just completely eliminate?

    A-Z Index of U.S. Government Departments and Agencies (A): USA.gov

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by danarhea View Post
    China: "Uncle Sam, your banker will see you now."
    Kind of a non-sequitur.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by phattonez View Post
    I can think of a few examples: end foreign aid, significantly cut welfare benefits, end farm subsidies, etc. Social security and welfare are huge parts of the budget. Stop spending so much there and you're on your way. Look at this list of government agencies and departments, how many do you see that you would just completely eliminate?

    A-Z Index of U.S. Government Departments and Agencies (A): USA.gov
    Social security should not be touched and if it were never used for other things it would be fine now. As to the rest of the list, I would cut 90%, there are many I think are necessary, but most are uneeded.

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by tlmorg02 View Post
    Social security should not be touched and if it were never used for other things it would be fine now.
    Except we can't trust the government to do that, so we should get rid of it and let people save money for themselves.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

  6. #166
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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by phattonez View Post
    Except we can't trust the government to do that, so we should get rid of it and let people save money for themselves.
    except for the fact that most people are too stupid to save that money for themselves, therefore the liberals will never allow us to get rid of SS.


    I hate SS. I have been paying into the system for nearly 30 years and I will likely never see a ****ing dime of my money back because the govt will deem that due to my own efforts to have a career that provides a decent retirement, I will make too much money in retirement to get SS.
    Last edited by OscarB63; 09-09-10 at 02:11 PM.

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by phattonez View Post
    Except we can't trust the government to do that, so we should get rid of it and let people save money for themselves.
    If people save it for themselves we will have many homeless people in old age.

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by tlmorg02 View Post
    If people save it for themselves we will have many homeless people in old age.
    not really, what will cause many homeless people in old age is the fact that they won't save it. instead they will spend it on beer, cigs, tattoos, boobjobs, new cars, etc.

  9. #169
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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by tlmorg02 View Post
    If people save it for themselves we will have many homeless people in old age.
    Of their own accord? Then let them rely on charity if they make the stupid decision to not save enough money for retirement.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by phattonez View Post
    Of their own accord? Then let them rely on charity if they make the stupid decision to not save enough money for retirement.
    You could do that, but it will cause much chaos and instability in the country.

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