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Thread: House passes huge GOP budget cuts

  1. #251
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    Re: House passes huge GOP budget cuts

    Quote Originally Posted by The Prof View Post
    sure, that's why the slasher surrendered during lame duck

    Obama Calls Tax Cuts the 'Right Thing to Do'

    with his fickle friend at his side

    At Obama's side, Clinton backs tax deal - Politics - White House - msnbc.com
    You're going a bit before this last election.

    Governor Scott Walker, Other Lawmakerrs Face Recall Efforts in Wisconsin Amid Labor Standoff - ABC News

    Here was a guy who won WI by a landslide and in just 4 months after the election, he and some of his party members are up for recall.

    Pensito Review Voter Remorse, Cont’d: Poll Finds 28 Point Shift Away from GOP among Swing Voters Since November

    Florida

    Buyers’ Remorse For Michigan and Ohio Voters Greenline: The AFSCME Blog

    Michigan and Ohio

    Manhattan Viewpoint: Bloomberg Voters' Remorse

    New York City


    Even Christie is falling from Grace with the voters

    Chris Christie Faces Slim Support For Hypothetical Presidential Run Back Home: Poll

    More and more people are finding it sickening that the republican party gives welfare checks to the rich and does so by cutting back on educating our youth to compete in a global market, taking health care away from poor women, the disabled and seniors, and stop health care to all people.

    Most Americans must have recently found Christ, as they turned their backs on the republican made born again evangelicals who worship the rich.
    Alex Carey:

    ... the 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.

    Australian social scientist, quoted by Noam Chomsky in World Orders Old and New

  2. #252
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    Re: House passes huge GOP budget cuts

    Quote Originally Posted by Muddy Creek View Post
    Anyone who believes Obama will hurt the rich
    the too bigs are the only folks who've benefited under 2 years of the slash

    as for ongoing, slash aint gonna hurt no one, he aint gonna DO squat

    except run for reelection

    if he were gonna DO something he'd have submitted a 2011 budget, the senate would have moved (up, down or sideways) on hr1 which it's been sitting on for months, his 2012 budget wouldn't brazenly RAISE deficit spending an obscene 20%

    he wouldn't have signed the bush/obama/clinton/boehner/mcconnell tax cuts for the rich into law JUST TWO MONTHS AGO

    slash is a sham, all he does is make speeches

    he don't and won't have A PLAN

    ask harry

    leadership, anyone?

  3. #253
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    Re: House passes huge GOP budget cuts

    Quote Originally Posted by The Prof View Post
    Ah, I see why you come up with the stuff you do. It's your sources

    Stephen Ohlemacher | NewsBusters.org

    Welcome to NewsBusters, a project of the Media Research Center (MRC), the leader in documenting, exposing and neutralizing liberal media bias.

    Read more: About NewsBusters.org | NewsBusters.org
    Media Research Center - Wikipedia, the free encyclopedia

    he Media Research Center (MRC) is a conservative content analysis organization based in Alexandria, Virginia, founded in 1987 by conservative activist L. Brent Bozell III. Its stated mission is "to bring balance to the news media",[1] and the MRC catalogs and reports on media bias in the United States press. The organization believes that "liberal bias in the media does exist and undermines traditional American values", so part of its purpose is to actively "neutralize its impact [of liberal bias] on the American political scene."[1] MRC is widely called "conservative".[2]

    The MRC has received financial support from several foundations, including the Bradley, Scaife, Olin, Castle Rock, Carthage and JM foundations.[3] It also receives funding from ExxonMobil.[4]
    Paid BY the rich to LIE for the rich.

    How about a true news source? Without an agenda?

    Trustees Report Summary

    Social Security expenditures are expected to exceed tax receipts this year for the first time since 1983. The projected deficit of $41 billion this year (excluding interest income) is attributable to the recession and to an expected $25 billion downward adjustment to 2010 income that corrects for excess payroll tax revenue credited to the trust funds in earlier years. This deficit is expected to shrink substantially for 2011 and to return to small surpluses for years 2012-2014 due to the improving economy. After 2014 deficits are expected to grow rapidly as the baby boom generation’s retirement causes the number of beneficiaries to grow substantially more rapidly than the number of covered workers. The annual deficits will be made up by redeeming trust fund assets in amounts less than interest earnings through 2024, and then by redeeming trust fund assets until reserves are exhausted in 2037, at which point tax income would be sufficient to pay about 75 percent of scheduled benefits through 2084. The projected exhaustion date for the combined OASI and DI Trust Funds is unchanged from last year’s report.
    Lack of jobs hurts this funds, but taking money from it is theft by the government.

    Just Facts.com --> The Impact of Social Security on the National Debt

    he Impact of Social Security on the National Debt >



    By James D. Agresti

    September 1, 2001



    As of December 2000, more than a trillion dollars of the U.S. national debt is owed to the Social Security program.[1][2] This amounts to $3,600 for every man, woman, and child living in the United States.[3] By 2015, this figure is projected to reach $9,000 per person, burdening young people with a debt that they had no part in creating.[4][5] To make matters worse, some politicians are pushing a proposal to "save Social Security" that would increase this figure dramatically.



    This essay will explain and substantiate the following points:

    1.

    Citizens are being misled about the national debt.
    2.

    Despite what you've been told, the budget has not been balanced for the past 3 years.
    3.

    Every dollar in the Social Security Trust Fund is matched by a corresponding dollar of national debt.
    4.

    What is referred to as "raiding the Social Security Trust Fund" has no effect on the Social Security Trust Fund. Its real effect is to raise the national debt.
    5.

    What is referred to as "putting Social Security into a lockbox" has no effect on Social Security.
    6.

    Some politicians are promoting a plan to "save Social Security" that could add 9 trillion dollars to the national debt.
    7.

    Privatization would block politicians from using Social Security as a smokescreen to run up debt behind the backs of citizens.

    Citizens are being misled about the national debt



    More often than not, when a politician or reporter uses the term "national debt," they are not really referring to national debt. They are only referring to a portion of it. The United States government divides the national debt into two categories:

    1.

    Money that it owes to federal entities such as the Social Security program.
    2.

    Money that it owes to non-federal entities such as individuals who have purchased U.S. Savings Bonds.[6]

    As of December 31, 2000, the national debt looks like this:



    Debt owed to federal entities


    2.7 trillion

    Debt owed to non-federal entities


    3.0 trillion

    National debt (total)


    5.7 trillion

    [7]



    The debt owed to federal entities accounts for more than 45% of the national debt, yet it is often dismissed or ignored. The excuses that people use to justify disregarding this portion of the national debt generally run along the lines of, "This is just money that the federal government owes to itself. It's only a bookkeeping device. It's as if you owed money to yourself." This line of reasoning ignores the fact that U.S. taxpayers have to pay for this debt. The federal law that governs the payment of the national debt draws no distinction between money owed to federal versus non-federal entities. Both must be paid with interest.[8]



    A prime example of downplaying the debt owed to federal entities appears in a 207 page economic plan published by the Bush administration. Not until page 201 is there any mention of the full national debt. This plan states that Bush will retire "$2 trillion in debt over the next ten years."[9] The problem is that this figure only applies to the debt owed to non-federal entities.[10] What about the rest of the debt? Buried in a table on page 201, we find that the debt owed to federal entities increases by 3.8 trillion dollars, and the overall national debt increases by 1.5 trillion dollars.[11]



    Worse than this, some people completely ignore the debt owed to federal entities, but have no problem with including it in the assets of the federal programs to which the money is owed. During the 2000 presidential race, the Gore-Liebermann campaign released a 192 page economic plan that contained over 150 uses of the word "debt." This plan does not mention or even acknowledge any of the debt owed to federal entities.[12] Yet, the plan states that the Social Security program will remain solvent until 2037.[13] Contrast this assertion with the fact that in 2015, the Social Security program is projected to start spending more money that it collects in taxes.[14] This is a 22 year discrepancy. How does Social Security stay solvent for 22 years while spending exceeds tax revenue? It collects on the money that it has loaned to the federal government; i.e. the debt owed to federal entities. If Gore and Liebermann want to dismiss the debt that the federal government owes to Social Security, to be consistent, they would also have to state that the program would become insolvent in 2015. But they don't do this. They pretend as if the federal government doesn't have to repay the money that it has borrowed from Social Security while simultaneously including this money in the assets of the Social Security program.
    It makes for much better discussions when you read articles that report facts. Fiction should not be included in hard core discussions unless you indicate you are using a fictional source.
    Alex Carey:

    ... the 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.

    Australian social scientist, quoted by Noam Chomsky in World Orders Old and New

  4. #254
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    Re: House passes huge GOP budget cuts

    Quote Originally Posted by The Prof View Post
    the too bigs are the only folks who've benefited under 2 years of the slash

    as for ongoing, slash aint gonna hurt no one, he aint gonna DO squat

    except run for reelection

    if he were gonna DO something he'd have submitted a 2011 budget, the senate would have moved (up, down or sideways) on hr1 which it's been sitting on for months, his 2012 budget wouldn't brazenly RAISE deficit spending an obscene 20%

    he wouldn't have signed the bush/obama/clinton/boehner/mcconnell tax cuts for the rich into law JUST TWO MONTHS AGO

    slash is a sham, all he does is make speeches

    he don't and won't have A PLAN

    ask harry

    leadership, anyone?
    News to you. The HOUSE submits a budget. It's their part of the government to do so.

    The democrats submitted a government which the party of NO, aka republican party, filibustered.

    So, they got their tax cuts for the rich and now they have failed to get a budget in order. They really are pretty bad at economics. You don't have to be a professor to see that republcians are just playing on the one note they've been paid to play...more for the rich, less for the rest.
    Alex Carey:

    ... the 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.

    Australian social scientist, quoted by Noam Chomsky in World Orders Old and New

  5. #255
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    Re: House passes huge GOP budget cuts

    Quote Originally Posted by The Prof View Post
    sure, that's why the slasher surrendered during lame duck

    Obama Calls Tax Cuts the 'Right Thing to Do'

    with his fickle friend at his side

    At Obama's side, Clinton backs tax deal - Politics - White House - msnbc.com
    No doubt. The democratic party is looking for a viable candidate to run as a democratic president. So far, Obama has just parroted Bush's policies and kept most of his staff in place.
    Alex Carey:

    ... the 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.

    Australian social scientist, quoted by Noam Chomsky in World Orders Old and New

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    Re: House passes huge GOP budget cuts

    Quote Originally Posted by Muddy Creek View Post
    And the pros are republcians.
    erskine bowles?

    LOL!

    and his 9 fellow dems and 2 republicans PICKED BY THE WHITE HOUSE?

    Bowles, Simpson to Head Debt Commission - WSJ.com

  7. #257
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    Re: House passes huge GOP budget cuts

    Quote Originally Posted by Muddy Creek View Post
    You're going a bit before this last election.
    the last election was tsunami tuesday

    unless you mean: Labor falls short in Wisconsin race - Jennifer Epstein - POLITICO.com

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    Re: House passes huge GOP budget cuts

    Quote Originally Posted by Muddy Creek View Post
    More and more people are finding it sickening that the republican party gives welfare checks to the rich and does so by cutting back on educating our youth to compete in a global market, taking health care away from poor women, the disabled and seniors, and stop health care to all people.
    great, tell hurry-up-harry to write it up and pass it---fast

    america can't afford to wait

    you're gonna need patience, tho, more than most mature americans can manage in times like these

    tick tock...

  9. #259
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    Re: House passes huge GOP budget cuts

    Quote Originally Posted by The Prof View Post
    erskine bowles?

    LOL!

    and his 9 fellow dems and 2 republicans PICKED BY THE WHITE HOUSE?

    Bowles, Simpson to Head Debt Commission - WSJ.com


    No, Simpson and Bowles are right leaning people..bowles on Clinton's staff and all you republicans know Clinton signed the NAFTA treaty Bush made with Mexico and canada.

    Five Members of Debt Panel Oppose Bowles-Simpson Plan, Enough to Reject It - Bloomberg

    Baucus is a Blue dog...he's voted with republcains in the senate on almost every issue and this debt commission is no different.

    I don't see where you come up with the 9 members. There were 18 on the debt commission, with 14 having to approve it.
    Alex Carey:

    ... the 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.

    Australian social scientist, quoted by Noam Chomsky in World Orders Old and New

  10. #260
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    Re: House passes huge GOP budget cuts

    Quote Originally Posted by The Prof View Post
    great, tell hurry-up-harry to write it up and pass it---fast

    america can't afford to wait

    you're gonna need patience, tho, more than most mature americans can manage in times like these

    tick tock...
    That jibberish generally means you either read the links showing voters' remorse and don't want others to know the credibilty from which I spoke, or you can't read and dont' want anyone to know it. I'll give you the benefit of the doubt. I'll for with the former.
    Alex Carey:

    ... the 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.

    Australian social scientist, quoted by Noam Chomsky in World Orders Old and New

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