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Thread: Reverand Paul gives a sermon on the Book of Fiscal Conservatism

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    Reverand Paul gives a sermon on the Book of Fiscal Conservatism

    Fiscal Conservatism. One aspect of conservatism that Senator Rand Paul and I are in agreement upon. The Republicans are no better than the Democrats when it comes to spending and debt.

    This is a 21 minute video, but if you care at all about the future of this country, and our children's future as well, then you should both watch this video, and then contact your Congressman/Senator to support Senator Paul's budget proposal.

    Everything in your life is a reflection of a choice you have made. If you want a different result, don't blame someone else, or expect others to make a change, you should stop complaining and make a different choice. Remember, the circumstances of your birth don't determine the outcome of your life.

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    Re: Reverand Paul gives a sermon on the Book of Fiscal Conservatism

    Audits for everyone, I like his style.

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    Re: Reverand Paul gives a sermon on the Book of Fiscal Conservatism

    Quote Originally Posted by Beaudreaux View Post
    Fiscal Conservatism. One aspect of conservatism that Senator Rand Paul and I are in agreement upon. The Republicans are no better than the Democrats when it comes to spending and debt.

    This is a 21 minute video, but if you care at all about the future of this country, and our children's future as well, then you should both watch this video, and then contact your Congressman/Senator to support Senator Paul's budget proposal.
    <snip>
    I can't get to your video tonight, but want to comment on the Dem-GOP thing:

    For all the noise and BS the GOP make about Dems lacking in fiscal responsibility, I believe the GOP are worse, and a historical glance at the federal deficit by party in power will bear this out. At least the Dems don't claim superior fiscal responsibility, which actually wins me over a bit.

    But, enough party rant.

    Related, I predict Trump with the GOP are going to spend like we haven't seen in many years! Everything Trump and the Congress have been signaling for their to-do list is, is staggering in terms of the deficit. Rabid spending, coupled with tax cuts (who's gonna' pay?), all supposedly going to be made-up by their vision of the revenue that will flow due to their superior governance.

    I am not optimistic.
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    Re: Reverand Paul gives a sermon on the Book of Fiscal Conservatism

    Quote Originally Posted by Chomsky View Post
    I can't get to your video tonight, but want to comment on the Dem-GOP thing:

    For all the noise and BS the GOP make about Dems lacking in fiscal responsibility, I believe the GOP are worse, and a historical glance at the federal deficit by party in power will bear this out. At least the Dems don't claim superior fiscal responsibility, which actually wins me over a bit.

    But, enough party rant.

    Related, I predict Trump with the GOP are going to spend like we haven't seen in many years! Everything Trump and the Congress have been signaling for their to-do list is, is staggering in terms of the deficit. Rabid spending, coupled with tax cuts (who's gonna' pay?), all supposedly going to be made-up by their vision of the revenue that will flow due to their superior governance.

    I am not optimistic.
    The problem in attributing deficits to the responsible actor is that a crash made in one period needs to be fixed in the next.

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    Re: Reverand Paul gives a sermon on the Book of Fiscal Conservatism

    Quote Originally Posted by Beaudreaux View Post
    Fiscal Conservatism. One aspect of conservatism that Senator Rand Paul and I are in agreement upon. The Republicans are no better than the Democrats when it comes to spending and debt.
    Sorry Beau, “as bad as the dems” is just a narrative you use to ignore reality. As Chomsky points out republicans are worse. They not only cause higher deficits but they do it as they rail against deficits. And during the Obama administration they fought to keep the deficit higher. an example would be they fought with President Obama to keep the Bush tax cuts from expiring as scheduled and expiring as re-scheduled for the top 2 %. It was “about” the deficit when they attacked the stimulus, auto bailout, jobs bill (things that did or would help the economy) but not the Bush tax cuts.

    Continue to vote republican but just do it knowing that their “concern” for deficits is just another lying narrative and they make it worse.
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    Re: Reverand Paul gives a sermon on the Book of Fiscal Conservatism

    Quote Originally Posted by Beaudreaux View Post
    This is a 21 minute video, but if you care at all about the future of this country, and our children's future as well, then you should both watch this video, and then contact your Congressman/Senator to support Senator Paul's budget proposal
    The Federal Debt has little-to-no impact on the economy. Unlike personal debt, federal debt does not need to be paid back. The only thing federal debt affects is borrowing rates for the government, and even with debt as high as it is, borrowing rates are low. Now is the time to borrow to rebuild infrastructure or upgrade our power grid.

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    Re: Reverand Paul gives a sermon on the Book of Fiscal Conservatism

    Quote Originally Posted by Chomsky View Post
    I can't get to your video tonight, but want to comment on the Dem-GOP thing:

    For all the noise and BS the GOP make about Dems lacking in fiscal responsibility, I believe the GOP are worse, and a historical glance at the federal deficit by party in power will bear this out. At least the Dems don't claim superior fiscal responsibility, which actually wins me over a bit.

    But, enough party rant.

    Related, I predict Trump with the GOP are going to spend like we haven't seen in many years! Everything Trump and the Congress have been signaling for their to-do list is, is staggering in terms of the deficit. Rabid spending, coupled with tax cuts (who's gonna' pay?), all supposedly going to be made-up by their vision of the revenue that will flow due to their superior governance.

    I am not optimistic.
    The part of your post that I made bold above, is a good synopsis of the 21 minute video. When you can, watch it.
    Everything in your life is a reflection of a choice you have made. If you want a different result, don't blame someone else, or expect others to make a change, you should stop complaining and make a different choice. Remember, the circumstances of your birth don't determine the outcome of your life.

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    Re: Reverand Paul gives a sermon on the Book of Fiscal Conservatism

    Quote Originally Posted by Chomsky View Post
    I can't get to your video tonight, but want to comment on the Dem-GOP thing:

    For all the noise and BS the GOP make about Dems lacking in fiscal responsibility, I believe the GOP are worse, and a historical glance at the federal deficit by party in power will bear this out. At least the Dems don't claim superior fiscal responsibility, which actually wins me over a bit.

    But, enough party rant.

    Related, I predict Trump with the GOP are going to spend like we haven't seen in many years! Everything Trump and the Congress have been signaling for their to-do list is, is staggering in terms of the deficit. Rabid spending, coupled with tax cuts (who's gonna' pay?), all supposedly going to be made-up by their vision of the revenue that will flow due to their superior governance.

    I am not optimistic.
    The problem with debt.spending is that the ONLY group that has ever come together to try to stop this got vilified for doing so. Whether or not you agree with the Tea Party, they have been the only group that has stood up to the status quo and tried to change things. We haven't seen ANY effort from the Left to make a change, just an ongoing support of the status quo within the Dem. party. I think that most of us can agree that both parties are crap at handling debt/spending, yet only conservatives have tried to fix this problem. We need a Left version of the Tea Party, but what we're getting is more and more of the same old, same old. If we are ever going to fix this problem, we need to break the mold and get us out of this rut.
    Our nation has not always lived up to its ideals, yet those ideals have never ceased to guide us. They expose our flaws, and lead us to mend them. We are the beneficiaries of the work of the generations before us and it is each generation's responsibility to continue that work. - Laura Bush

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    Re: Reverand Paul gives a sermon on the Book of Fiscal Conservatism

    Quote Originally Posted by Incisor View Post
    The Federal Debt has little-to-no impact on the economy. Unlike personal debt, federal debt does not need to be paid back. The only thing federal debt affects is borrowing rates for the government, and even with debt as high as it is, borrowing rates are low. Now is the time to borrow to rebuild infrastructure or upgrade our power grid.
    That's why countries like Greece are in free fall collapse, and have been for years - federal debt has little-to-no impact on the economy.

    Rebuilding our infrastructure should be of critical and primary importance, but... we need to reduce spending in other areas that are not as critical, and revenues increased through tax code changes that eliminate loopholes, deductions, and tax shelters, rather than increasing taxes on the ones that drive the economy (middle class and business owners).

    Robbing Peter to pay Paul, borrowing from the bank (just another version of robbing Peter to pay Paul), or what may be worse, printing money (monetizing the debt) just to have more money to spend, has never worked for long because at some point the bill comes due and has to be paid back. Even federal debt.
    Everything in your life is a reflection of a choice you have made. If you want a different result, don't blame someone else, or expect others to make a change, you should stop complaining and make a different choice. Remember, the circumstances of your birth don't determine the outcome of your life.

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    Re: Reverand Paul gives a sermon on the Book of Fiscal Conservatism

    Quote Originally Posted by Beaudreaux View Post
    That's why countries like Greece are in free fall collapse, and have been for years - federal debt has little-to-no impact on the economy.
    Greece has been doing your austerity prescriptions since 2010 and it's only made things worse. Also, Greece doesn't have its own currency, which is why it has to rely on creditors. Those creditors made a killing on Greece, by the way. Please don't speak about things of which you have no idea.


    Rebuilding our infrastructure should be of critical and primary importance, but... we need to reduce spending in other areas that are not as critica
    That makes no sense whatsoever. Why do we need to reduce spending in one area in order to increase it in another? Why not just raise taxes on the wealthy and corporations who have made a killing during the Obama years? There's over $2.1T of corporate profits sitting in banks in socialist countries in Europe. When are they gonna trickle-down? The answer, of course, is never. Tax cuts were a false promise designed to trick the less bright into redistributing wealth to the top 1%.


    Robbing Peter to pay Paul, borrowing from the bank (just another version of robbing Peter to pay Paul)
    Your problem is that you think federal debt and personal debt are analogous. But they're not. Conservatives either know this, and are playing stupid, or they don't and should not be allowed a seat at the table. In theory, the debt of the United States never has to be paid off. Why? Because the United States isn't a person whose life will end, thus leaving creditors in the lurch. Thing is, you people know this, but you pretend you don't for ideological reasons. Why? Because Conservatives are party-before-country. Always.

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