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Thread: Obama: I'll cut $4 trillion

  1. #181
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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by lpast View Post
    Hmm interesting...to be fair and not overly partisan I think Obama' plan has a chance to be more popular than ryans overall
    Au contraire, Ryan is a better speaker than Obama. Yes, that's right, and he tells it like it is. Boener also has been very forthright. I do believe Obama is getting overwhelmed at this point, with people who are smarter than he is.
    "It's not that I'm afraid to die, I just don't want to be there when it happens." Woody Allen.

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by Marilyn Monroe View Post
    Au contraire, Ryan is a better speaker than Obama. Yes, that's right, and he tells it like it is. Boener also has been very forthright. I do believe Obama is getting overwhelmed at this point, with people who are smarter than he is.
    Thats only your opinion and of course its just as valuable as anyone elses opinion...but just an opinion none the less, I dont think ryan is anywhere near as good a speaker as obama and I dont like obama one bit

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by Marilyn Monroe View Post
    Au contraire, Ryan is a better speaker than Obama. Yes, that's right, and he tells it like it is. Boener also has been very forthright. I do believe Obama is getting overwhelmed at this point, with people who are smarter than he is.
    Let me tell you something.

    Obama is setting up the GOP in a nice tidy box... Now the GOP will need a misinformation campaign so tall it could fall over.

    Elections are won and lost not on who's actually the most fit to lead or anything like that...

    The GOP needs to be very, very careful because Obama is gonna play the populist card and if it works, the GOP are going to look like the riches pet, raising taxes on the rich is relatively popular amog independents (folks that wins elections)

    Be careful repubs, Obama is not as stupid as you think.

  4. #184
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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by Harry Guerrilla View Post
    You could tax all the wealth that all the billionaires in the U.S. have and you still would only end up with even 10% of the money to pay off the debt.

    Cutting Medicare, Medicaid and defense (along with many others) is the only realistic way to do it.
    no one has suggested taxing such that the government takes the entirety of wealth of billionaires
    but when we look back at 2000 when the shrub arrived on the scene, the government was throwing off a surplus
    and dicknbush decided it was time to place the government into a deeper accumulated national deficit instead by reducing the tax burden primarily on the wealthy
    that is much of what put us in today's fiscal conundrum
    which is why we should now undo such stupidity
    taxes are the lowest they have been in over a half century
    do not mistake this to presume that spending should not be shaved. just as the deficit commission has presented, the solution involves increasing revenues while also decreasing expenditures
    Obama, to his credit, echoed that when noting that republicans will express opposition to collecting more taxes while democrats will object to trimming government spending - especially for safety net programs
    the reality is, the proposal of the deficit commission should be adopted

    please again note that no one has come close to suggesting that the government appropriate the total wealth of every billionaire. stuff that straw man
    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

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by American View Post
    What's more mind boggling is that the Democratic Party is made up of drunken sailors. They are a childish party of ne'erdowells, whiners, weirdos and golddiggers.
    and nothing in that post speaks to any element of Obama's proposal, explaining what about his ideas are found unreasonable
    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

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by TurtleDude View Post
    what do you for living justabubba

    I paid over 300K in FIT last year

    how about you?
    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

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by justabubba View Post
    no one has suggested taxing such that the government takes the entirety of wealth of billionaires
    but when we look back at 2000 when the shrub arrived on the scene, the government was throwing off a surplus
    No, there was no actual surplus under Clinton, he simply hid his deficit by embezzeling from the SSI trust fund. Of course Obozo can't do that now since (surprise, surprise) the projections for when SSI would start to pay out more than it took in were once again overly optimistic.

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by ggh View Post
    No, there was no actual surplus under Clinton, he simply hid his deficit by embezzeling from the SSI trust fund. Of course Obozo can't do that now since (surprise, surprise) the projections for when SSI would start to pay out more than it took in were once again overly optimistic.
    please cite evidence to prove your (bogus) assertion
    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

  9. #189
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    Re: Obama: I'll cut $4 trillion

    While there was no surplus there is also no SSI Trust fund.

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by TurtleDude View Post
    a guy i grew up with was the son of a man who made millions in prefab home stuff. the son started his own company supporting that business. when dad decided to retire, he sold the business and moved to the Turks and Cacos. 50-75 million that the death tax won't get. as the economy globalizes more and more people can offshore and avoid the parasites. and those who depend on parasatizing others are going to have to take more and more from those who are left to sustain the habits of their addicted constituents
    I did the best I could, but admit I did not achieve nearly the kind of numbers that you friend above did. Enough to retire comfortably with a somewhat modest life style ( except perhaps for my wine cellar). But I will be damn if I send whatever will be in an estate, to put into a box to be doled out to underachievers. That is what tax accountants and financial advisors are for.

    What most people on this site do not understand is that the debt they selfishly pile up is essentially an IOU for our kids. They will have to pay either through inflation or higher taxes. So it is really my son I am concerned about. Through his achievements he has been able to go to a great prep school and now now one of the best undergraduate business schools in the country.

    I have mentioned to him that just as people of my generation moved to different states to advance their careers, that he should be comfortable to not limit his universe of where to ply his skills. Perhaps it will be in the U.S. perhaps U.K. or Hong Kong.

    The U.S. for many years suceeded in part because we were able to attract the best talent in the world to live and work here. If the U.S. stays on the trajectory the opposite will happen over the next few decades. If the Obama philosophy wins the day ( it might with the percent of voters who are underachievers) then why should someone with the skills of someone like my son want to live under the yoke of having to pay for a bunch of hangers on.

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