So, If Obama Is Successful In Bankrupting the System....

[fetch]

We will all move to Romania and herd 3 legged gay goats.


-Fecal FelTch -OUT! <img src="/forum/images/graemlins/village idiot.gif" alt="" />

 

[fetch]

Shovel Ready! <img src="/forum/images/graemlins/tomato.gif" alt="" />

 

[WarrenC]

my word spell check wants to change Obama to Osama
<img src="/forum/images/graemlins/tomato.gif" alt="" />

 

[Norm']

Maybe if he'd started with a surplus, things would be different. Why weren't you concerned when Bush was bankrupting the country?

 

[Kento]

Maybe if he'd started with a surplus, things would be different. Why weren't you concerned when Bush was bankrupting the country?

Well, duh. Republicans are good, Democrats are evil. <img src="/forum/images/graemlins/monkey.gif" alt="" />

 

[Norm']

I keep forgetting that. <img src="/forum/images/graemlins/foreheadslap.gif" alt="" />

 

[R3W]

The system's been doing a pretty good job of bankrupting itself.

 

[toreador]

Maybe if he'd started with a surplus, things would be different. Why weren't you concerned when Bush was bankrupting the country?

for what's it worth, i was pissed as hell at the shite bush and the democrats and republicans pulled the last 8 years.

i couldn't believe the shite bush wouldn't veto, or that he gave up on SS reform, or that he created the prescription drug plan and the 'no child left behind' act...pissed me off like crazy.

and just because obama and the democrats have inherited a deficit is no reason to keep digging deeper!!! that's a stupid argument.

technically, a country can't go 'bankrupt', but it can destroy the monetary base and cause a currency collapse.

we are so dangerously close to this occurring, it ain't even funny.

scary stuff, but most of you suffer horribly from the cult of personality syndrome, and are worshipping at the feet of obama, hanging and near fainting at his every spoken word.

that's the truth, and its disgusting.

 

[FecalFace]

The system's been doing a pretty good job of bankrupting itself.

Dat's the truth. Thread closed.

 

[toreador]

The system's been doing a pretty good job of bankrupting itself.

Dat's the truth. Thread closed.

sounds like the sort of bumper sticker logic liberals love.

you know, the kind that's completely meaningless, but imbues the owner of the car on which its been slapped with a sense of supreme knowledge and cleverness.

 

[fetch]

Maybe if he'd started with a surplus, things would be different. Why weren't you concerned when Bush was bankrupting the country?

**** yeah I was concerned. Bush is an idiot.I postedsomething to that effect the other day somewhere on here. The issue now is the O-Man is essential telling the american people to f-off and in the process completely destroying what was left (if any) of an economy. Name one stimulus package in the last 50 years that actually had a LASTING effect on an economy... NONE.

O-Man---&gt;

 

[FecalFace]

The system's been doing a pretty good job of bankrupting itself.

Dat's the truth. Thread closed.

sounds like the sort of bumper sticker logic liberals love.

you know, the kind that's completely meaningless, but imbues the owner of the car on which its been slapped with a sense of supreme knowledge and cleverness.

Please do tell us again about how the system is just fine, it's the commies that are ruining everything. <img src="/forum/images/graemlins/sleeping.gif" alt="" />

And show us your bumper stickers or GTFO!

This is one you have I bet.

<img src="/forum/images/graemlins/roflmao.gif" alt="" />

 

[Waterzedge]

Maybe if he'd started with a surplus, things would be different. Why weren't you concerned when Bush was bankrupting the country?

**** yeah I was concerned. Bush is an idiot.I postedsomething to that effect the other day somewhere on here. The issue now is the O-Man is essential telling the american people to f-off and in the process completely destroying what was left (if any) of an economy. Name one stimulus package in the last 50 years that actually had a LASTING effect on an economy... NONE.

Bush an idiot. Check.
The people who voted for him were idiots. Double Check.

So why the cutoff at 50 years? We are facing something closer to the great depression and they learned a trick or two about stimulus. Usually by trial and error. Kind of like the Bush administration and the lackey Repubic hairs that were licking it up only it was No Trial and errors o'plenty.

The system, by the way is worse than bankrupt. At least when you're bankrupt, you can walk away. In our situation, not so Tonto. Thanks Phil Gramm, GOP Congress and Wall Street. Pat yourselves on the backsides for adding more misery to the Bush legacy..lunacy? <img src="/forum/images/graemlins/socrazy.gif" alt="" />

 

[fetch]

I've got my semi-serious hat on this morning and am also buying a ticket to Centro America because I'm sick of this shiet. Anyway...

This week saw President Obama give us a budget with a projected deficit of $1.75 trillion dollars, and a massive tax increase on the "wealthy." But hidden in the details was an even larger tax increase on everyone. Obama wants to create a cap-and-trade program for carbon emissions. This is expected to generate $79 billion in 2012, $237 billion by 2014, and grow to $646 billion by 2019. These will be payments by energy (primarily utility) companies to the government. That will cause utilities to have to raise the prices they charge customers for energy. Such a level of taxation is eventually 4-5% of total US GDP. That is not small potatoes. And since the wealthy do not use all that much more power than the rest of us, it will affect the lower incomes disproportionately.
It will take money out of consumers' pockets and transfer it to the government. You can call it cap-and-trade, but it is a tax. And a huge one. Anything that will take 4% of GDP away from consumer spending is not business friendly. And by driving the cost of energy up, it will drive high-energy-using businesses away from the US to developing countries where energy is cheaper. It will make it even harder for people to save money and drive up costs for the elderly and retired. But it will make the environmental lobby happy.
Further, Obama's accounting magicians assume that the US economy is going to grow by 1.2% this year and 3.2% next year and at a blistering 4% pace after that. Since that is not likely to happen, the deficits will be far worse than projected. Since large taxpayers can see the tax increase coming, it is likely that they will shift behavior, and tax revenues will be less than projected.
Several analysts have noted that you could tax 100% of the income of the "wealthy" and still not balance this budget. While the bottom 95% may not see their taxes rise this year, you can bet they will see them rise in the future. While the US can run multi-trillion-dollar deficits for a few years, it cannot run them for long without serious consequences for interest rates and inflation. And when our entitlement program problems hit in the middle of the next decade? You can count on higher taxes.
Just as a fragile economy is ready to pick itself back up, a large series of tax increases will help slow it down and may push us back into recession.

<img src="/forum/images/graemlins/bricks.gif" alt="" />

 

[OG Lurker]

Yes we are forked. Wake up people. Obama won't save shat. He is not the savior. He is not robin hood. He's destroying it. Tax us into poverty. $250k Wealthy? what a joke. Those are the only people actually spending money in the economy.

I've got my semi-serious hat on this morning and am also buying a ticket to Centro America because I'm sick of this shiet. Anyway...

This week saw President Obama give us a budget with a projected deficit of $1.75 trillion dollars, and a massive tax increase on the "wealthy." But hidden in the details was an even larger tax increase on everyone. Obama wants to create a cap-and-trade program for carbon emissions. This is expected to generate $79 billion in 2012, $237 billion by 2014, and grow to $646 billion by 2019. These will be payments by energy (primarily utility) companies to the government. That will cause utilities to have to raise the prices they charge customers for energy. Such a level of taxation is eventually 4-5% of total US GDP. That is not small potatoes. And since the wealthy do not use all that much more power than the rest of us, it will affect the lower incomes disproportionately.
It will take money out of consumers' pockets and transfer it to the government. You can call it cap-and-trade, but it is a tax. And a huge one. Anything that will take 4% of GDP away from consumer spending is not business friendly. And by driving the cost of energy up, it will drive high-energy-using businesses away from the US to developing countries where energy is cheaper. It will make it even harder for people to save money and drive up costs for the elderly and retired. But it will make the environmental lobby happy.
Further, Obama's accounting magicians assume that the US economy is going to grow by 1.2% this year and 3.2% next year and at a blistering 4% pace after that. Since that is not likely to happen, the deficits will be far worse than projected. Since large taxpayers can see the tax increase coming, it is likely that they will shift behavior, and tax revenues will be less than projected.
Several analysts have noted that you could tax 100% of the income of the "wealthy" and still not balance this budget. While the bottom 95% may not see their taxes rise this year, you can bet they will see them rise in the future. While the US can run multi-trillion-dollar deficits for a few years, it cannot run them for long without serious consequences for interest rates and inflation. And when our entitlement program problems hit in the middle of the next decade? You can count on higher taxes.
Just as a fragile economy is ready to pick itself back up, a large series of tax increases will help slow it down and may push us back into recession.

<img src="/forum/images/graemlins/bricks.gif" alt="" />

 

[OG Lurker]

How about asking welfare recipients to do a pisz test before they can get their check?

Nah, that would negatively effect the government sponsored drug trade.

 

[super_aloha]

Hey!
How about asking welfare recipients to do a pisz test before they can get their check?

how about we pizz test you for loud mouthed stupidity?
close your eyes, tilt your head back and open your mouth...
if you can hold the contents of my bladder, you win!
ready? go
whiiiiiiiiiizzzzzzzzzzzzzzzzzzzzzzzzzzzzz!!!
<img src="/forum/images/graemlins/laugh.gif" alt="" />
open your eyes now, pissbag
<img src="/forum/images/graemlins/roflmao.gif" alt="" />

feel like a winner, pissbag?
<img src="/forum/images/graemlins/village idiot.gif" alt="" />

 

[toreador]

Hey!
How about asking welfare recipients to do a pisz test before they can get their check?

how about we pizz test you for loud mouthed stupidity?
close your eyes, tilt your head back and open your mouth...
if you can hold the contents of my bladder, you win!
ready? go
whiiiiiiiiiizzzzzzzzzzzzzzzzzzzzzzzzzzzzz!!!
<img src="/forum/images/graemlins/laugh.gif" alt="" />
open your eyes now, pissbag
<img src="/forum/images/graemlins/roflmao.gif" alt="" />

feel like a winner, pissbag?
<img src="/forum/images/graemlins/village idiot.gif" alt="" />

that's not very 'aloha'!

seriously, what's wrong with placing some requirements on those receiving the fruits of other people's labor which has been forcibly taken from them by a giant and powerful federal gov't bureacracy?

if you are going to steal money from people who've worked hard to earn it and give it to others that have not, its the least you could do to make sure that they aren't just partying away at other's expense.

 

[super_aloha]

seriously, what's wrong with placing some requirements on those receiving the fruits of other people's labor which has been forcibly taken from them by a giant and powerful federal gov't bureacracy?

if you are going to steal money from people who've worked hard to earn it and give it to others that have not, its the least you could do to make sure that they aren't just partying away at other's expense.

You mean like when the big 3 went to ask for a bailout in
their private jets?

Or like when the banks got a bailout from the taxpayers so
they could pay their fat bonuses?

wuz that some corporate "aloha"?
<img src="/forum/images/graemlins/roflmao.gif" alt="" />

 

[FecalFace]

seriously, what's wrong with placing some requirements on those receiving the fruits of other people's labor which has been forcibly taken from them by a giant and powerful federal gov't bureacracy?

if you are going to steal money from people who've worked hard to earn it and give it to others that have not, its the least you could do to make sure that they aren't just partying away at other's expense.

Government "handouts" are evil, while corporation handouts are just fine, because a corporation makes huge profits from you! <img src="/forum/images/graemlins/sleeping.gif" alt="" />



The notion that tax paying citizens who lost their job or have health problems are somehow "stealing" money from you is idiotic to say the least. Nobody sane chooses to get sick or lose a job. If you are paying taxes all your life, you deserve help when you need it. It's a value back for your investment.

How can you be so arrogant to think that it can never happen to you? Do you really think that arming yourself and your wife and teaching your kid karate makes you invincible from losing everything you have or getting sick? You would rather get raped in the ass by profit chasing insurance companies and banks than have something back in return for taxes that you are already paying anyway? <img src="/forum/images/graemlins/socrazy.gif" alt="" />


Sure, every system has a weakness but there are many successful systems in place that almost completely eradicated abuse. In order to get benefits in most western countries, you have to prove that you are applying for jobs and going to interviews every week before they give you an unemployment check (on which by the way you can barely survive - and that's an incentive enough). So the drug test applies.

And you can't be on the dole forever anywhere in the world ..... so the whole notion that you are paying for the lazy people to get free money and live on it is idiotic to say the least. Everybody who pays taxes benefits from it.