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Thread: Alan Simpson Slams Fellow Republicans For Unwillingness To Compromise

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    Re: Alan Simpson Slams Fellow Republicans For Unwillingness To Compromise

    Tax reform, not simply higher marginal rates, on the existing bucket of worms that passes as the FIT code, is probably worth considering even if it means a BIT more revenue. To offer tax increases now in exchange for phantom or future cuts in spending is insane. If an honest offer should ever appear from the demorats, to cut CURRENT federal spending, then the republicants should consider a SMALL increase, say $10 of REAL spending cuts gets $1 in more taxes.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: Alan Simpson Slams Fellow Republicans For Unwillingness To Compromise

    Quote Originally Posted by Bob Blaylock View Post
    It's dependent on what value those who pay your salary get in return for that pay.
    So how about a teacher that has a masters, 15 years of experience and makes 50k a year and teaches 40 kids math. Is that good value or bad value? How about the engineer that ensures a bridge built meets safety specifications that used over it's life by say a couple million drivers?

    It's easy to figure the value of something that is sold on the market, like if someone makes 40 sandwhiches which are sold for 5 bucks a pop. It's a little more difficult when you're talking about potential defects that are avoided or the value of 40 10th graders having that "aha" moment in a trig class.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

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    Re: Alan Simpson Slams Fellow Republicans For Unwillingness To Compromise

    Quote Originally Posted by Thunder View Post
    its a faux crisis...because 6% of our national budget going to paying the interest on our debt...is not a crisis.
    It will be when interest rates get back to reality. But never fear, perhaps you will have a kind Chinese owner...
    "We the people are the rightful masters of both Congress & the courts, not to overthrow the Constitution, but overthrow the men who pervert the Constitution."
    - Abraham Lincoln

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    Re: Alan Simpson Slams Fellow Republicans For Unwillingness To Compromise

    Quote Originally Posted by Diogenes View Post
    It will be when interest rates get back to reality. But never fear, perhaps you will have a kind Chinese owner...
    as long as our interest on the debt stays below 10% of our annual budget, I remain unconcerned.

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    Re: Alan Simpson Slams Fellow Republicans For Unwillingness To Compromise

    Quote Originally Posted by iliveonramen View Post
    So say the SEC officials that make sure that markets are transparent add no value? Compare unregulated markets to regulated markets and there's a much higher premium for borrowing and raising capital expected to offset the lack of transparency. That seems to add value to me to markets in general.

    How about Department of tranportation and their maintaining of infrastructure? The engineers for them don't add value or make the economy grow? How about teachers? Jeeze....you think literacy and education might of played a part in building the economy.

    Of course...none of them add anything to you?
    It's still overhead, and I've already said some overhead is worth more than other overhead. If you are talking about the SEC regulators who missed Bernie Madoff in spite of the warnings, or the DOT program administrators that allowed the I-35 bridge collapse in Minneapolis, I remain unimpressed. I am also not impressed with the success of the Department of Energy, which was created to reduce our reliance on foreign energy at a time when said reliance was only a fraction of what it is now. And what has the Department of Education done for us lately? How about HUD?
    "We the people are the rightful masters of both Congress & the courts, not to overthrow the Constitution, but overthrow the men who pervert the Constitution."
    - Abraham Lincoln

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    Re: Alan Simpson Slams Fellow Republicans For Unwillingness To Compromise

    Quote Originally Posted by Diogenes View Post
    It's still overhead, and I've already said some overhead is worth more than other overhead. If you are talking about the SEC regulators who missed Bernie Madoff in spite of the warnings, or the DOT program administrators that allowed the I-35 bridge collapse in Minneapolis, I remain unimpressed. I am also not impressed with the success of the Department of Energy, which was created to reduce our reliance on foreign energy at a time when said reliance was only a fraction of what it is now. And what has the Department of Education done for us lately? How about HUD?
    I'm sure you still have enough confidence to invest/drive over bridges etc. If you're argument is that you're productive only if infaliable then nobody on earth is a productive member of society.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

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    Re: Alan Simpson Slams Fellow Republicans For Unwillingness To Compromise

    Quote Originally Posted by iliveonramen View Post
    I'm sure you still have enough confidence to invest/drive over bridges etc. If you're argument is that you're productive only if infaliable then nobody on earth is a productive member of society.
    Some of us are more productive than others.
    "We the people are the rightful masters of both Congress & the courts, not to overthrow the Constitution, but overthrow the men who pervert the Constitution."
    - Abraham Lincoln

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    Re: Alan Simpson Slams Fellow Republicans For Unwillingness To Compromise

    Quote Originally Posted by Thunder View Post
    its a faux crisis...because 6% of our national budget going to paying the interest on our debt...is not a crisis.
    Trillions of dollars in debt is a crisis. Too bad you're too big of a partisan hack to see it.Governments should not spend more than they collect.
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

    Cicero Marcus Tullius

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    Re: Alan Simpson Slams Fellow Republicans For Unwillingness To Compromise

    Quote Originally Posted by jamesrage View Post
    Trillions of dollars in debt is a crisis. Too bad you're too big of a partisan hack to see it.Governments should not spend more than they collect.
    yeah, for Ireland or Greece. Not for the USA.

    its only 6% of our annual budget in interest. big deal.

  10. #110
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    Quote Originally Posted by Thunder View Post
    yeah, for Ireland or Greece. Not for the USA.

    its only 6% of our annual budget in interest. big deal.
    There's that cliché about the definition of insanity.
    The five great lies of the Left Wrong:
    We can be Godless and free. • “Social justice” through forced redistribution of wealth. • Silencing religious opinions counts as “diversity”. • Freedom without moral and personal responsibility. • Civilization can survive the intentional undermining of the family.

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