The Boehner/Cantor/Tea Party Fiscall Cliff #EpicFail

[joe bloe]

Originally Posted by Chica Chaser

WTF Godwin'ed a thread? (kinda)
I didn't think anyone here knew about Godwins Law.

I had never heard the term before. I looked it up on Wiki. I think the observation that every internet argument eventually accuses the opposition of being like Hitler has merit. Reductio ad Hitlerum.

[Tiny]

Originally Posted by WTF

You said nothing about Defense.

Read before you write WTF. In my post above, directed to you, I did mention defense. It is a huge expense, it does need to be reduced. Medicare however is more likely to bankrupt the country.

[Tiny]

Joe Bloe, If you would substitute "Western European style nanny state" for "socialist/Marxist system" I would absolutely agree with you. Obama doesn't want to convert the U.S. into Cuba. However, during his 51 years, he's spent a grand total of one year in the private sector, as an analyst. Michelle, quoted in the New Yorker, described that as a sad time because BHO was "working for the enemy." Obama wants big government. Given his background, spent in government, academics and as a community organizer, he has no appreciation for business or investment. And he doesn't realize that what he wants will make people less prosperous and less happy -- most people tend to be happier if they earn something instead of being given it. They work harder, longer and make more money. Obama views successful small business and the wealthy like cows to be milked. You get as much as you can out of them.

Would he like to see higher taxes on everyone, even if it means pushing the country over the fiscal cliff, if he can blame it on Republicans? Probably. It's the only way to grow the nanny state without bankrupting the country. If he's not smart enough to recognize that, he is smart enough to recognize he'll be damaging the prospects of the enemy (Republicans) going forward, by pinning the blame on them.

[WTF]

Originally Posted by Tiny

Read before you write WTF. In my post above, directed to you, I did mention defense. It is a huge expense, it does need to be reduced. Medicare however is more likely to bankrupt the country.

And I said we could easily make adjustments for Medicare....now you'd have to do something about Sara Palin's of the world crying about Death Panels. If you want to really see how much Defense cost look at real acccounting, where they assign Defense borrowing interest to Defense. You know our government does not do that? If you bought a car on credit, would you assign that interest cost to your car expense or your health expense? The interest portion of the national debt is mostly from Defense. SS and Medicare have been fully funded. Do you understand that simple math?

http://www.warresisters.org/pages/piechart.htm

The Government Deception

The pie chart below is the government view of the budget. This is a distortion of how our income tax dollars are spent because it includes Trust Funds (e.g., Social Security), and the expenses of past military spending are not distinguished from nonmilitary spending. For a more accurate representation of how your Federal income tax dollar is really spent, see the large chart (top).

[Tiny]

Originally Posted by WTF

Do you understand that simple math?

http://www.warresisters.org/pages/piechart.htm

For the third time, do you understand that I'm not disagreeing with you about defense?

Look at your graph. It shows expenditures for defense in the hundreds of billions of dollars. The unfunded liability for Medicare and Medicaid, discounted for the time value of money through a little past mid-century, is around $40 or $50 trillion. That's what happens when, say, people pay $150,000 into the system and take $300,000 out in benefits.

Originally Posted by WTF

Medicare have been fully funded.

You should have been a politician. That is a misleading, ridiculous statement. You may be strictly true IF you're just speaking about the past, but we are going to have extreme problems with Medicare going forward.

[joe bloe]

Originally Posted by Tiny

Joe Bloe, If you would substitute "Western European style nanny state" for "socialist/Marxist system" I would absolutely agree with you. Obama doesn't want to convert the U.S. into Cuba. However, during his 51 years, he's spent a grand total of one year in the private sector, as an analyst. Michelle, quoted in the New Yorker, described that as a sad time because BHO was "working for the enemy." Obama wants big government. Given his background, spent in government, academics and as a community organizer, he has no appreciation for business or investment. And he doesn't realize that what he wants will make people less prosperous and less happy -- most people tend to be happier if they earn something instead of being given it. They work harder, longer and make more money. Obama views successful small business and the wealthy like cows to be milked. You get as much as you can out of them.

Would he like to see higher taxes on everyone, even if it means pushing the country over the fiscal cliff, if he can blame it on Republicans? Probably. It's the only way to grow the nanny state without bankrupting the country. If he's not smart enough to recognize that, he is smart enough to recognize he'll be damaging the prospects of the enemy (Republicans, successful small business, the wealthy) going forward, by pinning the blame on them.

I hope your more optimistic view about Obama is correct. I don't think it is. The European system is melting down as we speak. It makes no sense to use Western Europe as a role model. Why follow Europe over the cliff?

I believe Obama has been indoctrinated to believe that America's wealth is illegitimate, that we became rich by stealing the country from the indigenous people and enslaving Africans.

I think Obama has a genuine animosity towards America and feels nothing but contempt for the founders. I think Obama believes that in order to achieve social justice, there must first be punishment. Obama believes America is evil and must be punished.

"God bless America? No no no! God damn America! God damn America!"
Jeremiah Wright

[WTF]

Originally Posted by Tiny

That's what happens when, say, people pay $150,000 into the system and take $300,000 out in benefits.



.

I have been saying that for the last year. Why do you think I refrenced Sara palin and her Death Panels?

Originally Posted by Tiny

That is so far from the truth it's ridiculous.

My bad, I should have said fully funded up to now. We have not had to borrow that money as of yet like we have for other government functions. That was my point, sorry I was not clear. That is why I said it needs adjustiing. People are living longer than what the projections were meant for.

Now I'm off to play some Christmas Eve Golf. All my eccie friends , much Holiday Cheer, even the Nazi ones!