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House GOP Unveils Blueprint To Slash Medicaid, Medicare And Repeal Obamacare

I do not think this nation will have ten years before it falls off the cliff into the abyss. As soon as interest rates returns to normal levels, this nation is done.

Good afternoon,Pero.

It's unbelievable to me that people don't realize what you have just said, and what it will mean if it happens. Those who think daily life is tough now will have a rude awakening, IMO. This nation might survive, because we are resilient, but there won't be a lot of happiness in the day-to-day grind of survival! :(
 
Re: Full Extreme Ahead

You do realize that these programs give you more back than you actually put in? The problem is that the government doesn't protect and grow these investments you make at anywhere near a good financial advisor would.

Sure they have. The problem is that presidents use this money to put into the general budget and fight wars. The last Bush, the lesser of the two least, stole practically everything in there. IF the government put back what they stole, we'd have more than enough. They just don't want to do that.
 
Actually, there was a decent bipartisan effort that was resulting in surpluses. Remember the 90's? House Republicans and Bill Clinton hated each other, but they did get that done together. Then came Bush and Obama, and it's all down the drain now.

No, then there came Bush and when Obama was elected, racism reared its ugly head.
 
Re: Full Extreme Ahead

Tell that to the thousands (millions?) of people who lost their retirement investments in 2008.



Thank Daddy Bush for that. He took former employer/employee retirement accounts that were invested in banks and threw them into the stock market to be used by the rich so they didn't lose their investments.
 
I do not think this nation will have ten years before it falls off the cliff into the abyss. As soon as interest rates returns to normal levels, this nation is done.

Nah, the rich will keep milking us long after we are in the grave. And the radical right wing will sell them their children if they want them.
 
Good afternoon,Pero.

It's unbelievable to me that people don't realize what you have just said, and what it will mean if it happens. Those who think daily life is tough now will have a rude awakening, IMO. This nation might survive, because we are resilient, but there won't be a lot of happiness in the day-to-day grind of survival! :(


Right now the government is paying roughly 2% on its treasury bonds. What happens when the interest level approaches 6% which was the norm and the debt reaches 20 trillion. That would make the interest payment every year roughly 1.2 trillion a year. Last years total revenues was approximately 2.5 trillion.
 
Actually, there was a decent bipartisan effort that was resulting in surpluses. Remember the 90's? House Republicans and Bill Clinton hated each other, but they did get that done together. Then came Bush and Obama, and it's all down the drain now.
IMO, then came Bush and the Crash.

But I agree with your main point. :)
 
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I didn't support either of these military actions, but at least defense and warfare are constitutional expenditures. As for nation-building, I am adamantly opposed to it.
that's what dubya told us
 
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Do you know that over $60 billion in cash that went to Iraq is unaccounted for? Why do you thnk it is OK to fund wefare for Iraqis and Afghans and not real Americans?

Please explain how you were able to make that leap.
 
Obama hasn't borrowed or spent anything. Congress controls the money, they're the ones doing the borrow and spend thing

Watch how quickly the story flips....

So you are suggesting that the democrats were responsible for Bush's spending the moment they took control of the house and senate in 2007?
 
Re: Full Extreme Ahead

Obama hasn't borrowed or spent anything. Congress controls the money, they're the ones doing the borrow and spend thing

Last I knew Obama had the power to veto anything passed by the Congress and Senate. The buck stops with him. Or any other President for that matter.
 
Oh look, more of the same from Republicans. Make life harder for the poor, and don't you dare tax the rich. Americans don't want a country that is split so drastically between rich and poor. It's time the Republican party got out from under their rock. Or they can get left behind.

Hate to break it to you but taxing the rich will not get us out of debt at the current rate that Democrats AND Republicans are spending money. There are going to HAVE to be cuts and it only makes since to start with the biggest hogs there are. Defense and the poor.
 
Watch how quickly the story flips....

So you are suggesting that the democrats were responsible for Bush's spending the moment they took control of the house and senate in 2007?

If they gave Bush what he asked for, then yes they were responsible. This is the great part of being an Independent, I can sit back and see that both sides are screwed up. Don't need or want to belong to either party.
 
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Last I knew Obama had the power to veto anything passed by the Congress and Senate. The buck stops with him. Or any other President for that matter.


Of course he has veto power but why would he veto something that he wants. Look at it this way, lets say you're the president and your parents are congress. You're 10 and ask your parents for a candy bar and they give it to you, are you gonna throw it away. It's what you asked for.
 
If they gave Bush what he asked for, then yes they were responsible. This is the great part of being an Independent, I can sit back and see that both sides are screwed up. Don't need or want to belong to either party.

It IS the correct position. Congress controls the purse, pres signs the budget. I left the GOP in 2003 precisely because of their fiscal irresponsibility. Glad to see you place responsibility where it belongs.
 
Bubba, Edwards admiring himself in the mirror was priceless! We haven't heard much about him lately, thank God!.... :lamo
Yeah he's mercifully exposed himself and left the scene.
 
No, then there came Bush and when Obama was elected, racism reared its ugly head.

Um, are you attempting to somehow say that Obama bears no responsibility at all for America generating debt instead of surpluses? The facts do not bear that out. Your non-sequitir of "racism" has nothing at all to do with spending, and whether or not that's true, it's moot, talks around the 'Q', and dishonestly deflects from the issue.
 
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50/50 huh? So the military, which was what - 25% of the budget got 50% of the cut and social programs that are 50/60% of the budget got 50% of the cut. Looks like
it should have been just what you ordered - to the "T" actually.

Spending $1 Trillion on military/security related items seems excessive to me. Cutting that budget 1 for 1 with non-security expenses makes total sense to me.
 
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Of course he has veto power but why would he veto something that he wants. Look at it this way, lets say you're the president and your parents are congress. You're 10 and ask your parents for a candy bar and they give it to you, are you gonna throw it away. It's what you asked for.

There is a difference between wanting something and needing something. Just because you want something doesn't mean that you need it and any President should realize the difference and act accordingly. There is a huge difference between a child and the President of the United States.
 
IMO, then came Bush and the Crash.

But I agree with your main point. :)

Yes, Bush was in office when the crash began, but it's foundation was laid back in the Clinton administration, when Clinton signed the Gramm-Bliley Act, which dismantled Glass-Steagal. Republicans came up with the bill, both Republicans and Democrats overwhelmingly supported it, and Clinton signed it. It took two to tango in order to make the crash happen, and Democrats and Republicans were perfect dance partners.
 
If they gave Bush what he asked for, then yes they were responsible. This is the great part of being an Independent, I can sit back and see that both sides are screwed up. Don't need or want to belong to either party.


I am glad someone else sees the light. The problem is the Democrats only blame the Republicans and the Republicans only blame the Democrats when both hands are dirty as all get out. I agree with you.
 
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