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Thread: Wal-Mart: Our shoppers are 'running out of money'

  1. #551
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by UtahBill View Post
    not the same as his energy plan, poor attempt at divesion....people who cannot admit that Carter was right about needing an energy plan are too indoctrinated by the GOP to think for themselves...
    No kidding. It's almost like they really don't care what happens to the country as long as their party is in charge.

  2. #552
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Inflation is also playing a part in this. When one goes to the grocery store and walks out with two bags of groceries that costs $50, buying less Chinese made garbage seems like the next logical step. Of course this is related to rising gas prices, but also a declining dollar.
    “In politics, stupidity is not a handicap.” -Napoleon

  3. #553
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    vote obama, 2012!

    carter wasn't the worst!

    the rightwing nutjob who undid carter was!

    dang, this is gonna be easy

    the slasher's problem is that too many americans are ON to him, know him for exactly who he is

    know the man by knowing the true sentiments of his supporters

    seeya at the polls, pals

  4. #554
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by The Prof View Post
    vote obama, 2012!

    carter wasn't the worst!

    the rightwing nutjob who undid carter was!

    dang, this is gonna be easy

    the slasher's problem is that too many americans are ON to him, know him for exactly who he is

    know the man by knowing the true sentiments of his supporters

    seeya at the polls, pals
    You are totally clueless. Carter was the only president that came up with a workable plan to make us energy independent. It's really sad that there are so many brain dead people like you.

  5. #555
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    why do we need to government to tell us where and how to get our energy?

  6. #556
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    The federal government’s largest housing construction program for the poor has squandered hundreds of millions of dollars on stalled or abandoned projects and routinely failed to crack down on derelict developers or the local housing agencies that funded them. Nationwide, nearly 700 projects awarded $400 million have been idling for years, a Washington Post investigation found. Some have languished for a decade or longer even as much of the country struggles with record-high foreclosures and a dramatic loss of affordable housing.

    The U.S. Department of Housing and Urban Development, which oversees the nation’s housing fund, has largely looked the other way: It does not track the pace of construction and often fails to spot defunct deals, instead trusting local agencies to police projects. The result is a trail of failed developments in every corner of the country. Fields where apartment complexes were promised are empty and neglected. Houses that were supposed to be renovated are boarded up and crumbling, eyesores in decaying neighborhoods.

    The Post examined every major project currently funded under the HUD program, analyzing a database of 5,100 projects worth $3.2 billion, studying more than 600 satellite images and collecting information from 165 housing agencies nationwide. The yearlong investigation uncovered a dysfunctional system that delivers billions of dollars to local housing agencies with few rules, safeguards or even a reliable way to track projects. The lapses have led to widespread misspending and delays in a two-decade-old program meant to deliver decent housing to the working poor.

    The Post found breakdowns at every level:

    Local housing agencies have doled out millions to troubled developers, including novice builders, fledgling nonprofits and groups accused of fraud or delivering shoddy work.

    Checks were cut even when projects were still on the drawing boards, without land, financing or permits to move forward. In at least 55 cases, developers drew HUD money but left behind only barren lots.

    Overall, nearly one in seven projects shows signs of significant delay. Time and again, housing agencies failed to cancel bad deals or alert HUD when projects foundered.

    HUD has known about the problems for years but still imposes few requirements on local housing agencies and relies on a data system that makes it difficult to determine which developments are stalled.

    Even when HUD learns of a botched deal, federal law does not give the agency the authority to demand repayment. HUD can ask local authorities to voluntarily repay, but the agency was unable to say how much money has been returned.
    A pattern of HUD projects stalled or abandoned - The Washington Post

    and you think we have a revenue problem?

    no more money for managers so morose

  7. #557
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    remember march 31 when no less than the gao found a full half trillion dollars of waste, "most of it in fiscal years 2009 to 2010 and going forward"

    GAO Finds Massive Waste, Duplication - FoxBusiness.com

    you wanna argue with the gao?

    no more money for managers so miserable

    seeya at the polls, progressives

    bring a cardigan, it's gonna be cold

  8. #558
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    actually, we do have a revenue problem

    our economy is so sluggish, incomes so down, property taxes so fractured...

    the wisest and fastest solution to our revenue shortfall is to get some growth going on around here

    and this guy will tell you how

    In government, as in life, you can never solve a problem if you refuse to acknowledge it. We have the worst business tax climate in the nation, period. Our taxes are 66% higher than the national average. Upstate is truly an economic crisis. In real GDP, from 2001-2006, upstate New York grew about 1.7% per year while the average in the nation was 2.7%. The costs of pensions are exploding, 1.3 billion in 1998-1999, projected for 2013, 6.2 billion - a 476% increase and its only getting worse.

    The State of New York spends too much money, it is that blunt and it is that simple. Our spending has far exceeded the rate of inflation. From 1994-2009, inflation was about 2.7% per year; medicaid when up over 5% per year and education went up over 6% per year. We just can’t afford those rates of increase. State spending actually outpaced income growth. State spending increased just under 6%, personal income growth was only 3.8%.

    And most damaging, our expenses in this state far exceed revenue. We’ve been focusing on this year and the deficit this year, which is a very large deficit about $10 billion, and that is a problem and it is a major problem. Next year, the problem goes to $14 billion. The year after, the deficit goes to $17 billion. This is not a one year problem my friends. This is a fundamental economic realignment for the State of New York. You look at the chart, you look at the arrows and this is an unsustainable rate of growth and it has been for a long time.

    Not only to we spend too much, but we get too little in return. We spend more money on education than any state in the nation and we are number 34 in terms of results. We spend more money on Medicaid than any other state in the nation and we are number 21 in results. We spend about $1.6 billion per year in economic development and we are number 50 in terms of results.

    And the large government we have is all too often responsive to the special interests, over the people of the State of New York. The proof is in the pudding. And New Yorkers are voting with their feet. Two million New Yorkers have left the State over the past decade. What does this say? It says we need radical reform, it says we need a new approach, we need a new perspective and we need it now. This is a fundamental realignment for the state. You can’t make up these kinds of savings over this long of period of time through a budget cutting or trimming exercise. We are going to redesign our approach because the old way wasn’t working anyway, let's be honest.

    What made New York the Empire State was a not a large government complex, it was a vibrant private sector that was creating great jobs in the State of New York that’s what made us the Empire State once and that’s what’s going to make us the Empire State again. At the heart of this State is business. And we have to relearn the lesson our founders knew and we have to put up a sign that says New York is open for business. We get it. And this is going to be a business friendly State.

    Next, we are going to have to confront the tax situation in our State. The property taxes in New York are killing New Yorkers. Thirteen of the sixteen highest tax counties are in New York when assessed by home value. In absolute dollars, Westchester County has the highest property taxes in the United States of America. Nassau County has the second highest property taxes in the United State of America. It has to end, it has to end this year. We have to hold the line on taxes for now and reduce taxes in the future. New York has no future as the tax capital of the nation. Our young people will not stay. Our business will not come.

    Put it simply the people of this state simply cannot afford to pay any more taxes, period. We need to transform our budget. We need to hold the line on taxes, we need a state spending cap and we need to close this $10 billion gap without any borrowing.
    GOVERNOR ANDREW M. CUOMO STATE OF THE STATE ADDRESS | Governor Andrew M. Cuomo

    go, cuomo, go!

  9. #559
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    and it aint just talk in new york

    Cuomo budget: $10 billion deficit cut, no new taxes, layoffs likely

    he's right, by the way, about new yorkers' feet---according to marist which rather specializes in new york, "more than 25% of adults plan to bolt the state" in the next five years

    New Yorkers under 30 plan to flee city, says new poll; cite high taxes, few jobs as reasons

    spin, anyone?

    leadership?

    go, cuomo, go!

  10. #560
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by j-mac View Post
    Oh come on man....What the hell do you expect in a political forum. Sometimes you people really amaze me in the leaps and back bending exercises you pull off. Partisan? of course it is. I got a hint for ya, if it weren't this site would fail. It would be NO fun at all. You get mad at someone's partisanship, when in all the years I have been contributing to these sites I have been consistent in my beliefs, and approach. To the point of never changing my name so that people know exactly who I am. Can you say the same Mr. Case? Mr. Independent? Mr. Moderate? Or what ever affiliation you hide your belief system behind?
    I'm openly anti-federalist, but no anti-federalist option exists, so I chose the independent lean.

    I'm feel that I'm one of the most consistent proponents of "small government" around. My views about how my local and state government should be run do not affect my views of how the federal government should work. I actually promote staying true to the hierarchal system as it was designed. I don't allow my personal views of the singular issues to influence my beliefs about how government should work.

    Unlike most supposed small government conservatives, I do not make exceptions for federal usurptation of power simply because these usurptations coincide with my personal views on the issue.

    So when somebody who is simply parroting mindless partisan nonsense attempts to call my points revisionism, I tend to treat their arguments as they deserve to be treated. Don't like it? then don't call my points revisionism while simply parroting mindless partisan nonsense.

    Carter was a disaster. I lived through his misery, and hope to never see that crap again. So, instead of hold up for the moment the WORST President to ever fart in that chair, go back and study where the country was at that time with honest eyes, if you can, and then call someone partisan....What a joke.
    More mindless partisan drivel. If you could get over your hurt feelings about the Carter years, then maybe you can actually lay claim to viewing things with "honest eyes".

    I mean, anyone who doesn't see how Ford, Nixon, and Johnson constributed to the mess that was present duringthe carter administration is clearly not looking at things with "honest eyes". Conversely, anyone who ignores how some of Carter's choices actually contributed to the success that Reagan enjoyed (one of note being the appointment of Volcker, who was good enough at what he did to be kept by reagan for the majority of this two terms) is also not capable of saying they are viewing things with honest eyes.

    An honest assesment (i.e. one devoid of the typical vaginal weepings about how "horrible" everything was while Carter was in office) that actually looks at the causes of the problems (many of which stem form Johnson and Nixon's administrations) and how many of the problems of that time were solved (Volckers forced recession by increasing interest rates) as well as the effects that would have occured if some of Carter's ideas were implemented or adhered to (energy especially) would come to the conclusion that Carter actually had some pretty good ideas, although he often ****ed up during the implementation stage and some of his best moves were responses to some of his worst ones (Volcker is a prime example of this).

    He wasn't a great president by any stretch but he is certainly not nearly as bad as the talking heads make him out to be.

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