Last edited by drz-400; 04-05-11 at 11:43 PM.
Hugh made the claim that any attempt to reform Freddie Mac and Fannie Mae stalled because Barney Frank, apparently wielding so much power in the House of Representatives, that he alone is to blame for the Republican Party's inability to pass much needed reform. Keep in mind that the House of Representatives passed their version with a comfortable majority, but then similar legislation was unable to even make it out of Committee in the Senate. Those little details are insignificant.
With that in mind, please answer my post this time. What did Barney Frank specifically do that caused reform to fail?
"He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
Where does all the money come from towards the cuts that paul ryan proposed, from medicaid, medicare and social security. Then of course he gives another tax cut to the wealthiest americans and corporations..
In the end this is a tax cut for the rich and corps and will do nothing for the deficit, because whatever you take from medicare and medicaid you will pay for in a different way but still pay for the same people will still get sick and the same people will pay for their medical care.
If they wanted my support for this they would not have given another tax cut to corporations and the rich and they would have cut other programs besides the few that they hate and want to get rid of...any working class american that supports this is nuts.
No mention of Illegal Immigration and putting HUGE fines on those that employ them...cut ALL corporate subsidies like the absurd billions that go to the oil industry who makes record profits everytime we get the price of gas stuck up our behinds. Like always the lionshare of the cuts come from the middle class in medicare and social security. Its a numbers game and a reverse robin hood game.
while removing the tax loopholes that allow some of them to get away with paying nothing. GE got a refund last year, despite large profits, thanks to corporate welfare. The Ryan Budget changes that. So they pay lower rates, but now they have to payThen of course he gives another tax cut to the wealthiest americans and corporations.
on the contrary, lowering and flattening tax rates while reducing tax code complexity will lead to much stronger growth; which will cause the deficit to shrink as a percent of GDP, which in turn means that it shrinks as a portion of both government budgets and revenues.In the end this is a tax cut for the rich and corps and will do nothing for the deficit
or is better educated on this matter than yourself.If they wanted my support for this they would not have given another tax cut to corporations and the rich and they would have cut other programs besides the few that they hate and want to get rid of...any working class american that supports this is nuts.
and that should come tooNo mention of Illegal Immigration and putting HUGE fines on those that employ them
check. one of the ways theis bill keeps revenues neutral while lowering the corporate tax rate is cutting corporate subsidies.cut ALL corporate subsidies
the Ryan plan has no cuts to Social Security, not a single dollar spent last year will not be spent next year. what it does is slow the growth in these two programs to a sustainable level; so that they will continue to be available to Americans, as opposed to driving us into bankruptcy.Like always the lionshare of the cuts come from the middle class in medicare and social security.
only a Republican could increase spending on social programs and be accused of cutting from the poor middle class.
“If we must have an enemy at the head of Government, let it be one whom we can oppose, and for whom we are not responsible, who will not involve our party in the disgrace of his foolish and bad measures.”
- Alexander Hamilton. Spiritual father of #NeverTrump
Catawa is my favorite bleeding heart liberal.
There is cuts to social security one of which is 750 billion cut to senior meals...theres others also. I doubt ryans plan as it stands will pass gop muster in the long
As far as the other things that aren't in the proposal, they will come in the future. This is a good start.
The Dems have one coming out in a week, we'll see what's in their's.
There are no cuts to SS in Ryan's bill. None.
Catawa is my favorite bleeding heart liberal.
Now...aside from government wealth redistribution programs (ie...make all parties broke), there are many wealthy folk who give of their time and money freely and on their own without needing the government to do it for them. You are a big Will Rogers fan...surely that resonates with you...