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Old May 27th 11, 12:06 AM posted to talk.politics.guns,alt.fan.rush-limbaugh,alt.rush-limbaugh,rec.radio.shortwave,alt.conspiracy
Gray Ghost Gray Ghost is offline
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First recorded activity by RadioBanter: Feb 2010
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Default Financial wealth, or JUST WHO SHOULD PAY FOR ALL OF THIS?

RD Sandman wrote in
:


But I maintain that further taxation takes money out of the hands of
the producer class and further injures the economy so that higher
rates will return lower revenues.


I agree with that but is that injury more or less than what we already
have. It is like putting a bandage on a wound. It works, it does good,
helps healing but it often hurts when removed.


What if the wound never heals because of the treatment?



There is simply no rational way to tax us out of this problem!


Nor is there a rational way to cut spending far enough to get us out of
this problem. Ergo, the solution needs to combine both.....more taxes
for certain areas and pretty damn heavy cost cutting in certain areas.


Really? Do you honestly think even 1/3 or spending could stand honest
Constitutional scrutiny. Maybe it's time we stop acting like children and
started acting like there was more to life than government grants.


Seriously how much more can we afford to take out of the private
economy? $1 trillion, $2 trillion? $4 trillion?


Our debt is now equal to our GNP. They both stand at about $14.3T and we
are borrowing $0.40 on the dollar. We can't keep doing that and maintain
our status on borrowing percentages.


No, but unless the bleeding stops or slows significantly... Look, I no
longer beleive the bull**** about raising taxes/cutting spending. I became
poltically aware in the 80s with the line of **** the Democrats fed Reagan
and then they reneged. It just is no longer credible. You give them more
money, they'll spend twiec as much on things that hurt the economy.


The only way to do it is DRASTIC spending reductions and DRASTIC tax
cuts so as to allow the producer class to keep it's money and be able
to spend it.


Excuse me, but with DRASTIC tax cuts, how do you intend to keep programs
alive AND pay down the debt. That is like maxing out your credit cards
and then leaving your job as an engineer to flip burgers for miminum
wage. The revenue needs to keep coming. In fact the more revenue, the
faster we can pay down that debt.


What makes you think I want to keep programs alive? I want dependency on
the fed stamped out, exterminated, destroyed, plowed under and the earth
salted


Unless people are buying things and generating demand it
just can't happen. And more and more people will become dependent on
the government. More people will be living off of fewer people. There
is no possible way that that is a return to prosperity, no matter what
the Marxists beleive.


And there is really no way to simply cut, cut, cut and cut like many
others believe.


Yeah, there is. All it takes is balls and a conscience.


Clearly there are other issues. Offshoring jobs in particular is very
toxic. If you move the jobs overseas, then people here don't work.


Then the laws need to be changed to fix that. We need to find a way to
tax offshore income rather than just leave it float in the wind. We need
to find ways to make our labor more viable here than in France or China.


Um, by getting rid of all the government programs, taxes, regulations and
special interest bull**** that is currently choling the life of the
economy?


People not working means they can't buy what they need or want. No
growth. I know what I'm talking about I'm a developer and the number
of jobs going to India and the foreigners being brought in to work
cheaper in essentially captive jobs is killing domestic programmers
and developers.


And I have been in hardware development and quite familiar with
outsourcing on both materials and labor. It is a practice that became
paramount due to competition and our laws.


"our laws"? Not mine. Marxists that want to control the economy maybe.


And it isn't that we are overpriced. Some of the
offers I've seen recently have been downright insulting for someone
with as much experience as I have.


Sorry....

Also, over regulation takes it's toll. A couple out in Missouri fined
10s of thousands for selling rabbits without a license, Amish being
attacked like Waco for selling milk (for God's sake!) to people who
apparently know the "risks" and are more than happy to balance that
with the benefits, Boeing being told they can't build a plant in North
Carolina becuase the UNIONS don't like it? **** me! What has this
country come to?


Regulation needs to make sense.....nuch of what you stated above doesn't.
Yes, I know it is there, but we need to change that however deregulating
everything is not the answer either.


OK, let's dump everything and start over. With the caveat that any
regulation MUST conform with the limits imposed by the Constitution.


Drastic spending cuts aren't just about stopping the hemorrhaging of
debt but to kill the federal behemoth which is (delibertately in my
opinion) stifling every bit of creativity and entrepreneurship.


Don't worry, it won't. Without a viable private sector, the public one
cannot survive.


While I don't mind seeing the public sector die...

Unfortuneately I think the parasite may kill the host.


Good God, I tried to start a business back in teh 90s, just me and my
computer doing development on the side, in my home office. Not only
did the fed and state want thier cut the ****ing county had thier
greedy paws out for a piece of the action. I think I ended up owing
more in taxes than I got to keep. What the **** sense does that make?


Interesting. I owned a computor consulting business and had no problems
like that. I had costs for a business license and they made me a taxing
point for state sales taxes....but that was about it.


Yeah the county wanted a license fee and piece of the action. I figured
after the feds, state and they got through with me it simply wasn't worth
it. I wasn't busting my ass to keep less than half of what I earned to make
the leechs fat, too.


--
Herman Cain for President! http://hermancain.com/
If you don't support him you are a Racist!!
He beat Cancer. He'll beat Obama (who is just like cancer)

Remember Desert One, Carter 0? Ain't it sad to wish that Obama had as much
ambition but being glad he doesn't knowing he doesn't have THAT much
competence?