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Thread: GOP 2012 budget to make $4 trillion-plus in cuts

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    Re: GOP 2012 budget to make $4 trillion-plus in cuts

    Quote Originally Posted by Dittohead not! View Post
    Maybe and maybe not, but the mortgage crisis was the work of deregulation.
    The mortgage crisis was so much more than just deregulation. It was about giving loans to people who could not afford them. And who do we have to thank for the mortgage crisis? We have Carter and Clinton. Those on the right called for more regulation over F&F because they saw this coming, but this fell on deaf ears because Barney Frank said that there was no problem.
    Welfare (Food Stamps, WIC, etc...) are not entitlements. They are taxpayer funded handouts and shouldn't be called entitlements at all. Social Security and Veteran's benefits are 'Entitlements' because the people receiving them are entitled to them. They were earned and paid for by the recipients.

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    Re: US Republican budget plan would cut $5.8 trln in 10 yrs

    Quote Originally Posted by Conservative View Post
    Typical liberal response based upon emotion and total lack of understanding on your part of what is being proposed. Suggest you read the debt commission report instead of making wild accusations on something you don't understand.
    yep...the crippled and dependent mindset is basically if they cant keep getting free handouts it is 'shifting the cost to them.' If a lot more were responsible for themselves there would be a lot less need for everyone else to provide for their asses.

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    Re: GOP 2012 budget to make $4 trillion-plus in cuts

    Quote Originally Posted by Hugh_Akston View Post
    The mortgage crisis was so much more than just deregulation. It was about giving loans to people who could not afford them. And who do we have to thank for the mortgage crisis? We have Carter and Clinton. Those on the right called for more regulation over F&F because they saw this coming, but this fell on deaf ears because Barney Frank said that there was no problem.
    Yes, it was about giving loans to people who couldn't afford them, then passing those mortgages off as good investments.

    "Those on the right" called for more regulation? When does that ever happen? It seems to me that there is a lot more blame to go around than just targeting the "other" party. This was a bipartisan failure.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: GOP 2012 budget to make $4 trillion-plus in cuts

    Quote Originally Posted by Hugh_Akston View Post
    The mortgage crisis was so much more than just deregulation. It was about giving loans to people who could not afford them. And who do we have to thank for the mortgage crisis? We have Carter and Clinton. Those on the right called for more regulation over F&F because they saw this coming, but this fell on deaf ears because Barney Frank said that there was no problem.
    What did Barney Frank do as a member of the minority party that led to the Republicans not being able to get a single bill passed when they had decent sized majorities in both chambers of Congress?

    It was more a failure of Republican leadership in both the White House and Congress that caused any efforts at reform to fail than anything Barney Frank may have done.

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    Re: US Republican budget plan would cut $5.8 trln in 10 yrs

    Quote Originally Posted by CriticalThought View Post
    Cutting spending without increasing taxes is not going to lead to prosperity, it is only going to lead to greater income inequality. Why should I get on board for a plan that will likely lead to prosperity only for the top 20% of wealthiest Americans? How often does trickle down economics have to fail before people get the point?
    He's cutting out all the loopholes and tax deductions for corporations and the wealthy. No more deducting machinery and things because of depreciation etc. Sounds like a plan. He is dropping the corp. tax from 35 to 25 to make us competitive with the rest of the world.
    Also his plan is not going to effect anyone who is 55 or over as far as medicare, SS goes.
    I've been listening to the media. They didn't even wait to read the bill before they started in on how it was going to hurt old people and only help the rich. No surprise there. They'll be lying all the way to 2012.
    The Dems are coming out with their own bill soon. I wonder what that will look like besides raising taxes on everyone and cutting nothing?
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    Re: GOP 2012 budget to make $4 trillion-plus in cuts

    Quote Originally Posted by Spaceman_Spiff View Post
    What did Barney Frank do as a member of the minority party that led to the Republicans not being able to get a single bill passed when they had decent sized majorities in both chambers of Congress?

    It was more a failure of Republican leadership in both the White House and Congress that caused any efforts at reform to fail than anything Barney Frank may have done.
    It's true that he shouldn't have been listened to.
    Catawa is my favorite bleeding heart liberal.
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    Re: GOP 2012 budget to make $4 trillion-plus in cuts

    Oh, wow, all those poor people convinced all the rich people to give them their money and brought about the worldwide fiscal meltdown! I have somehow wandered into the conspiracy forum, haven't I? My mistake, I'll go find a reality-based forum.
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    Re: GOP 2012 budget to make $4 trillion-plus in cuts

    Quote Originally Posted by Chappy View Post
    Oh, wow, all those poor people convinced all the rich people to give them their money and brought about the worldwide fiscal meltdown! I have somehow wandered into the conspiracy forum, haven't I? My mistake, I'll go find a reality-based forum.
    Great comeback - thanks for playing!

    Welfare (Food Stamps, WIC, etc...) are not entitlements. They are taxpayer funded handouts and shouldn't be called entitlements at all. Social Security and Veteran's benefits are 'Entitlements' because the people receiving them are entitled to them. They were earned and paid for by the recipients.

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    Re: US Republican budget plan would cut $5.8 trln in 10 yrs

    Quote Originally Posted by Zyphlin View Post
    Cpwill, thanks for that quoted text. Its funny that in another thread talking about this one individual was whining about how we're giving cuts to those mean old horrible corporations and that the Republicans want to cut old peoples money while allowing Corporations to pay nothing....while in reality part of thise whole thing is actually taking out said loopholes.

    I'm anxious to see what this looks like. The sad fact is we're going to have to make some deep cuts and go through a rough patch of it; we're going to HAVE to make tough choices that many people aren't going to like because it cuts "their" thing. But we can't keep going the way we're going and I'm glad we may see someone with actual real leadership stepping up and going "I know this is hard, but it must be done". I truly hope we see cuts across the board in this, including in Defense. I'm anxiously awaiting hte full proposal
    Which loopholes?
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    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: GOP 2012 budget to make $4 trillion-plus in cuts

    Quote Originally Posted by Dittohead not! View Post
    Yes, it was about giving loans to people who couldn't afford them, then passing those mortgages off as good investments.

    "Those on the right" called for more regulation? When does that ever happen? It seems to me that there is a lot more blame to go around than just targeting the "other" party. This was a bipartisan failure.
    it actually did happen in this case; mind you, the reaction was also a bipartisan rejection

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