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TheCatt 
Top 2%

Group: Super Administrators
Posts: 22951
Joined: May 2004
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Posted on: Jul. 12 2011,09:14 |
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I appreciate that Republicans want to do this without increasing taxes, but fuck - can't they just agree to a 5:1 ratio or something (similar to what the debt commission proposed) and get this done?
Rich people can afford it.
-------------- It's not me, it's someone else.
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| Post Number: 2
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GORDON 
90%

Group: Super Administrators
Posts: 36125
Joined: Jun. 2004
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Posted on: Jul. 12 2011,09:24 |
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While I don't feel tax increases are needed, because the federal budget is bloated beyond recognition even from 5 years ago, I would say just do a 5:1 compromise just to get it signed.
Of course, I don't think it will happen this way. With this government I am expecting worst case scenario.
-------------- I don't give a fuck!
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TPRJones 
I saw The Fault in our Stars opening night.

Group: Privateers
Posts: 12384
Joined: May 2004
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Posted on: Jul. 12 2011,12:39 |
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Deficit Reduction? Don't you mean Increasing the Debt Ceiling?
-------------- Vidi Perfutui Veni
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Malcolm 
I disagree.

Group: Privateers
Posts: 27168
Joined: May 2004
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Posted on: Jul. 12 2011,16:05 |
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(GORDON @ Jul. 12 2011,11:24)
QUOTE While I don't feel tax increases are needed, because the federal budget is bloated beyond recognition even from 5 years ago, I would say just do a 5:1 compromise just to get it signed.
Of course, I don't think it will happen this way. I'd say this echoes my sentiments. Â This entire country needs a crash course on zero-sum games.
EDIT : I still vote "nothing but spending cuts," though. If you want someone's cash, just trick them out of it like everyone's been doing since the dawn of time; it's not that hard. Taking it right out of my paycheck is just kind of a dickslap in the face. You get much less resistance when people get to waste it themselves.
Edited by Malcolm on Jul. 12 2011,16:08
-------------- Diogenes of Sinope:
"It is not that I am mad, it is only that my head is different from yours."
"Other dogs bite only their enemies, whereas I bite also my friends in order to save them."
Arnold Judas Rimmer, BSC, SSC:
"Better dead than smeg."
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GORDON 
90%

Group: Super Administrators
Posts: 36125
Joined: Jun. 2004
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Posted on: Aug. 01 2011,09:03 |
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I'm not going to read the article.
Is it real spending cut, or the pretend ones where they say "Well we're going to increase this program by $100 billion this year instead of $200 billion, so that equates to a $100 billion cut, and over 10 years that is $1 trillion. Â Mission accomplished, we're saved."
Because I know they have been talking about that shit for a while.
Edited by GORDON on Aug. 01 2011,09:04
-------------- I don't give a fuck!
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| Post Number: 8
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TheCatt 
Top 2%

Group: Super Administrators
Posts: 22951
Joined: May 2004
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Posted on: Aug. 01 2011,09:31 |
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Well, the point of the article I linked is that our net present value of obligations is like $221 Trillion more than the NPV of our revenues.
-------------- It's not me, it's someone else.
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Leisher 
Top 3%, yo.

Group: Super Administrators
Posts: 26651
Joined: May 2004
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Posted on: Aug. 01 2011,10:03 |
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The thing that drives me insane is the core issue behind the deficit never gets addressed: If you make $10 monthly, you cannot spend $15 monthly.
How much longer can we continue just boosting the debt ceiling without making actual changes to federal spending?
How long before the bubble bursts?
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| Post Number: 10
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GORDON 
90%

Group: Super Administrators
Posts: 36125
Joined: Jun. 2004
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Posted on: Aug. 01 2011,10:10 |
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The argument I hear is WELL HAY TEABAGGER HOW WOULD U LIKE IT IF WE JUST WENT BACK TO 1995 LEVELS OF SPENDING???
They say this like it is a bad thing.
I don't understand that. Sounds like a best-case scenario, to me.
-------------- I don't give a fuck!
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| Post Number: 11
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TheCatt 
Top 2%

Group: Super Administrators
Posts: 22951
Joined: May 2004
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Posted on: Aug. 01 2011,10:29 |
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Depends on when China goes "haha! We're not buying your debt any more."
-------------- It's not me, it's someone else.
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| Post Number: 12
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GORDON 
90%

Group: Super Administrators
Posts: 36125
Joined: Jun. 2004
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Posted on: Aug. 01 2011,10:41 |
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Was obama able to put the real issue off until after the next election?
-------------- I don't give a fuck!
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| Post Number: 13
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TheCatt 
Top 2%

Group: Super Administrators
Posts: 22951
Joined: May 2004
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Posted on: Aug. 01 2011,10:51 |
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Yes.
-------------- It's not me, it's someone else.
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| Post Number: 14
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GORDON 
90%

Group: Super Administrators
Posts: 36125
Joined: Jun. 2004
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Posted on: Aug. 01 2011,11:18 |
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Well good for him.
-------------- I don't give a fuck!
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thibodeaux 
RAG

Group: Privateers
Posts: 6494
Joined: May 2004
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Posted on: Aug. 02 2011,10:37 |
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Good thing we have this climate of civility. Also, it's great that dissent is the highest form of patriotism.
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