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"battle for a balanced budget and the turning around of the national debt"... I'm not interested!

by Joe Mobley
12 replies
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In a recent thread, http://www.warriorforum.com/off-topi...ing-taxes.html, one of the replies was,

IMHO, those who rejoice at the antics of the large corps in avoiding paying taxes should never bring up the national debt situation - whenever they think its convenient - because these antics are not helpful in the battle for a balanced budget and the turning around of the national debt situation.
Color and bold are mine.


I got to thinking...

I am not interested in ANY of my money going to pay off ANY of the national debt. It's back to a personal responsibility issue with me. Let those whose antics created the situation, pay for the situation.

Being a simple man, the Joe translation is,


Sh*t sandwich?! You made it, you eat it!



Joe Mobley
  • Profile picture of the author TimPhelan
    Originally Posted by Joe Mobley View Post

    In a recent thread, http://www.warriorforum.com/off-topi...ing-taxes.html, one of the replies was,

    Color and bold are mine.


    I got to thinking...

    I am not interested in ANY of my money going to pay off ANY of the national debt. It's back to a personal responsibility issue with me. Let those whose antics created the situation, pay for the situation.

    Being a simple man, the Joe translation is,


    Sh*t sandwich?! You made it, you eat it!



    Joe Mobley
    Joe, when are you going to realize, you are part of this country? You vote, you pay taxes I assume. If you have voted, then you are at least partially personally responsible for part of the debt. You don't decide where your tax money goes as an individual. We have elected officials who make these decisions, whether you like them or not. Hey, I don't like all the decisions our government has made or makes, but I don't look at them as the enemy. They have been elected by us and are us. Good or bad and yes, there has been plenty of bad.
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    • Profile picture of the author Joe Mobley
      Be very clear, I am not interested in starting a political argument here as far as individuals, political parties, special interest groups, etc.(<- Should there be 2 periods there?)

      It's his fault, her fault, their fault. Nope!

      They should be or shouldn't be doing this, that or the other. Nope.

      I am saying that I will do everything possible to minimize the outflow of Joe's money to state, local and federal governments.

      "Joe, we need to increase the federal deficit." Nope!

      "Joe, we need to raise your taxes to help pay off the national debt." Nope!

      "Joe, we need more money to do things you would approve of." Nope! Get some leadership balls and make some tough decisions.



      "Joe, we would like to try some political officials for treason." ...

      ...

      I'm thinking...

      Joe Mobley
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      • Profile picture of the author BigFrank
        Banned
        Originally Posted by Joe Mobley View Post

        "Joe, we would like to try some political officials for treason." ... Joe Mobley
        That's fine. I know precisely which two you can start with. lol

        Cheers. - Frank
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        • Profile picture of the author Joe Mobley
          Actually, I have four in mind. Tim and TL might find we have more in common than they think.

          No, I'm not going there.


          Originally Posted by BigFrank View Post

          That's fine. I know precisely which two you can start with. lol

          Cheers. - Frank

          Joe Mobley
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      • Profile picture of the author TLTheLiberator
        Originally Posted by Joe Mobley View Post

        Be very clear, I am not interested in starting a political argument here as far as individuals, political parties, special interest groups, etc.(<- Should there be 2 periods there?)

        It's his fault, her fault, their fault. Nope!

        They should be or shouldn't be doing this, that or the other. Nope.

        I am saying that I will do everything possible to minimize the outflow of Joe's money to state, local and federal governments.

        "Joe, we need to increase the federal deficit." Nope!

        "Joe, we need to raise your taxes to help pay off the national debt." Nope!

        "Joe, we need more money to do things you would approve of." Nope! Get some leadership balls and make some tough decisions.



        "Joe, we would like to try some political officials for treason." ...

        ...

        I'm thinking...

        Joe Mobley

        Good for you Joe.


        Thirteen-photos-that-will-make-you-fall-in-love-with-America-all-over-again


        http://www.dailykos.com/story/2013/0...in?detail=hide
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        "It's easier to fool people than to convince them that they have been fooled. -- Mark Twain

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      • Profile picture of the author whateverpedia
        Originally Posted by Joe Mobley View Post

        etc.(<- Should there be 2 periods there?)
        Yes. One for the end of the abbreviation and one for the end of the sentence.
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      • Profile picture of the author SteveJohnson
        Originally Posted by Joe Mobley View Post

        ... groups, etc.(<- Should there be 2 periods there?)
        No. The period that ends the abbreviation also ends the sentence.

        Period -- The Punctuation Guide
        abbreviations - When "etc." is at the end of a phrase, do you place a period after it? - English Language & Usage Stack Exchange
        Grammar Girl : Ending a Sentence with an Abbreviation :: Quick and Dirty Tips
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  • Profile picture of the author HeySal
    Tim - not one citizen in the country voted to install the FED on top of us. When you adopt a fiat system that charges on every dollar printed, you know there's going to be debt, that it can't be brought down, and that it will accumulate. Anyone in Macro Econ 101 knows that one.
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    Sal
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    Beyond the Path

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    • Profile picture of the author TimPhelan
      Originally Posted by HeySal View Post

      Tim - not one citizen in the country voted to install the FED...
      We don't have a national referendum vote like Switzerland does. We elect representatives to vote for laws and our reps did vote for the Federal Reserve Act in 1913 and it was signed by the President. The FED has very little to do with the multi trillion dollar debt really.
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      • Profile picture of the author TLTheLiberator
        Originally Posted by TimPhelan View Post

        We don't have a national referendum vote like Switzerland does. We elect representatives to vote for laws and our reps did vote for the Federal Reserve Act in 1913 and it was signed by the President. The FED has very little to do with the multi trillion dollar debt really.

        You're right Tim in that the federal reserve has very little to do with the latest round of debt generated.

        No one forced us to start a new round of debt generation in the 1980's. We had it down to about 800 billion per year but it was on the upswing starting with #39 in the late 1970s.

        And in this society, when you cut the top tax rate from 70% down to around 35% and dramatically increase defense spending and the economy doesn't grow enough to make up for the loss of revenue to the federal gov - you are going to produce yearly deficits that lead to a national debt problem.

        Note: The national debt went from about $800 Billion in 1980 to about 3.5 Billion in 1992.

        Just Say No!

        Any Chief Executive Of The U.S. could have stood up and said "not on my watch" and the congress would have needed the house and senate with (I think) 67 votes to override the POTUS's plan of no debt generation. Technically, its just that simple.

        The major economic effect the national debt has on the national economy is that now we're paying close to 300 Billion per year in debt service to the folks lending us the money instead of using it for the nation.




        But on the positive side of things...

        ... since we're no longer running trillion dollar yearly deficits, (down from 1.4 trill per year in 2008 or 2009 to about 400 Billion by the end of 2015) ...

        ... the national debt is now still manageable as we move into the future and it looks like its going to be with us for quite some time - like the next 40 years unless the economy really takes off and starts producing trillion dollar plus surpluses.

        The faster the economy grows the faster we get rid of the yearly deficit until we cross over into surplus territory for a couple of years - like we did in the late 1990's.

        (and that was for the first time in 40-50 years that we ran a surplus)


        The 18-19 trillion is a large number to throw out and used by many to justify a lot of counter-productive economic policies such as throwing people off food stamps, or not supporting the long term unemployed etc., but...

        As far as I'm concerned reducing the national debt should not take priority over investing in the nation and its people. Since we're no longer running trillion dollar deficits anymore the debt growth is no longer a danger and we'll just have to live with it for the long term.

        IMHO, The smart move (and just about the only one) to make, is for the federal gov to carry this new round of debt just like it did with the debt generated to pay for WW2.




        What's the use of the federal gov having a great balance sheet if the general economy and population is impoverished as a result - when the feds can carry the debt until we can start paying it down in a responsible manner.
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  • Profile picture of the author seasoned
    Originally Posted by Joe Mobley View Post

    In a recent thread, http://www.warriorforum.com/off-topi...ing-taxes.html, one of the replies was,

    Color and bold are mine.


    I got to thinking...

    I am not interested in ANY of my money going to pay off ANY of the national debt. It's back to a personal responsibility issue with me. Let those whose antics created the situation, pay for the situation.

    Being a simple man, the Joe translation is,


    Sh*t sandwich?! You made it, you eat it!



    Joe Mobley
    I feel the same way! As to being a citizen of this country, my ancestors from LONG ago came to a country known and called the USA! It had a whole bunch of concepts. They have been broken left and right here. We have people in the SUPREME COURT that say they will NOT judge law on constitutional grounds, even though that is *******ALL******* they are supposed to do! For MANY years, the average US citizen paid NO taxes! For MOST of the first 137 years, even the VERY rich paid no more than 2%! When things balanced out, they again charged NO tax!

    So we let even enemy companies send stuff here for NOTHING, and yet tax ALL people. And a lot of taxes ARE on top of other taxes. HECK, we are taxed on money we never see at a rate based on money we never see, and they call it income tax.

    And I don't know why we have words like Swear, Justice, Oath, Promise, etc..., since NOBODY makes any distinction in government, and use those words ONLY to swindle!

    Steve
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