In response to: Shades of patriotism - Letters - NewsObserver.com
Ahh, so you weren't hypocritically target Obama detractors, fine. And you consider socialism repugnant, good, because it doesn't work. Entitlements, however, refer to lots of things that 1) aren't means tested, like SS, or 2) are purely socialist, like medicare, remember, doesn't work, or 3) federal retirement, and now 4) rents imposed as interest on the national debt.
I have no problem with social programs, so long as money isn't borrowed to pay for it. We've worked ourselves into a corner from which there is no escape, except by God.
If you somehow think everything is rosy, and it's going to be all right, then tell me where $202T is going to come from. Right now, the Fed is trying to inflate it away. Without taking a hard look ar it, I can tell you It's going to take significantly more than that.
And before you think you can ignore it and it will go away, when the US Govt fails to meet it's obligations, SS checks will stop. Tell that to anyone receiving an SS check and they will turn either white or red, dependent upon whether they depend on that check to eat.
Folks, we have a real problem on our hands. When raising taxes and cutting spending aren't enough, you're down to entitlement reform. I suggest we start with the retirement benefits the US Congress has voted for itself.
Wednesday, December 14, 2011
Tuesday, December 13, 2011
Top 1 percent of tax returns paid 36.7 percent of federal individual income tax - Shooting Sports Forum
In response to, Top 1 percent of tax returns paid 36.7 percent of federal individual income tax - Shooting Sports Forum
Newsflash!! Our economy is already on life support, crowded out by federal spending. If, as you say, everything will be just fine if we just lower taxes, costs, and energy. However, soveriegn debt soon slaps you back into reality, as it is in Europe.
The US doesn't owe $15T, it owes anywere from $153T to $202T, depending on whose numbers you use.
Just write a check for $202T, and everything will be cool. You can't, no one can, and there's the rub, something has to give.
Will it be world war and totalitarian police state, or do we unwind Methusala, the beast we allowed the feds to become?
I vote for unwinding the federal govt, individual freedom, and I will vote for RP in the primaries.
Respectfully, cutting taxes doesn't cut it. Reagan tried it and here we are. Spending must be cut, but not before two decades of anti US jobs policy is reversed. Unemployment in the US is 20%, why? Hmm, could it be corporations don't want to share record breaking profits, which by the way, have been heavily subsidized either directly or indirectly but little or no tax obligation?
Again, to whom does the benefit accrue? It's the top 1/10 of 1% who support the top 1%, and that's it. Are there exceptions, yes, but that's the rule.
When raising taxes and cutting spending aren't enough, you're down to entitlement reform, and I suggest we start with the retirement benefits the US Congress has voted for themselves.
Newsflash!! Our economy is already on life support, crowded out by federal spending. If, as you say, everything will be just fine if we just lower taxes, costs, and energy. However, soveriegn debt soon slaps you back into reality, as it is in Europe.
The US doesn't owe $15T, it owes anywere from $153T to $202T, depending on whose numbers you use.
Just write a check for $202T, and everything will be cool. You can't, no one can, and there's the rub, something has to give.
Will it be world war and totalitarian police state, or do we unwind Methusala, the beast we allowed the feds to become?
I vote for unwinding the federal govt, individual freedom, and I will vote for RP in the primaries.
Respectfully, cutting taxes doesn't cut it. Reagan tried it and here we are. Spending must be cut, but not before two decades of anti US jobs policy is reversed. Unemployment in the US is 20%, why? Hmm, could it be corporations don't want to share record breaking profits, which by the way, have been heavily subsidized either directly or indirectly but little or no tax obligation?
Again, to whom does the benefit accrue? It's the top 1/10 of 1% who support the top 1%, and that's it. Are there exceptions, yes, but that's the rule.
When raising taxes and cutting spending aren't enough, you're down to entitlement reform, and I suggest we start with the retirement benefits the US Congress has voted for themselves.
Top 1 percent of tax returns paid 36.7 percent of federal individual income tax - Shooting Sports Forum
Responses to:
Top 1 percent of tax returns paid 36.7 percent of federal individual income tax - Shooting Sports Forum
WOW, are you guys living in La La Land.
Top 1 percent of tax returns paid 36.7 percent of federal individual income tax - Shooting Sports Forum
WOW, are you guys living in La La Land.
Let's review, in 1980, corporations were paying roughly half of the tax burden, individuals the other half. Beginning in the 1980's, corporations successfully lobbied to have their tax burden reduced, without any corresponding cuts in spending, thereby causing the exponential increase in deficits we continue to see.
I don't advocate raising taxes, we need tax reform to lower taxes for all, and cut federal spending, which by the way, has crowded out private investment, so your "free market" sentiment doesn't fly.
In fact, we should get rid of the illegal income tax altogether. I just think it's more likely we'll see a world war or totalitarian police state, or both.
No one is advocating a socialist welfare state, even though we're saddled with it for the next fifty years without a population event, like a pandemic or nuclear war. Aliens fit in there somewhere, except that's what the anti christ is going to claim when Christians rise to meet their savior, but that's another topic. We're witnessing the slow, painful death of the socialist welfare state, however, it would be a disaster to cut public spending before turning the tide of 20 years of anti US labor policies. If there aren't any jobs, then anarchy ensues, similar to the 1930's.
The crux of the argument is the wealth and income disparity in the US. At the turn of the century it was the industrialists, today it's the banksters. The welfare class, middle class, etc, etc are not at fault, it's Congress and the top one tenth of one percent, who support the top one percent who are becoming the enemy, not the welfare class.
We give a man a fish, instead of teaching him to fish, then take the fish away without teaching him to fish. We're saddled with a socialist welfare state for the next 50 years, with boomers retiring, etc. That is, unless some population event occurs or Jesus Chris returns first.
Whether Dirty Harry's point is the standard living of the supposed poor in this country, or the fact that corporations pay little or no taxes in this country since they successively lobbied Congress to lower their tax burden beginning the 1980's, the simple fact of the matter is to get people off welfare, some opportunity must be provided. If you're not willing to roll up your sleeves, you really have no business whining, bitching, or complaining about it.
The same for the unemployed, where is the opportunity. Isn't this supposed to be THE land of opportunity?
The top one percent own eighty percent of stocks in companies that pay little or no taxes as previously described, enjoy fifty percent of capital gains, and are supported by the top one-tenth of one percent.
Again, the issue is income and wealth disparity. How we solve it can put people to work. Yet, our Congress is more interesting in serving the one percent.
It's going to get ugly when fiscal responsibility meets the FSA.
Here's an article about taxes on the rich being historically low, not to mention corporations who pay little or no taxes, since the 1980's. Jeez, you guys need to get a life.
I'm not talking about someone like Adjustor who owns a small business. God bless you. I'm talking about a entity recognized legally as a person, that outlives individuals.
However, don't get me wrong, I'm against taxes. As a wage earner, I pay a disproportionate share of the tax burden. So, I considered that we should add Wealth and VAT taxes to spread the tax burden across the spectrum of economic activity. Then I saw this would give the government a hook to steal everything and realized the right answer was to repeal the income tax. Unless and until that happens, corporations and the rich should damn well pay their fair share. Perhaps the rich already are, but corps aren't, and the fact they aren't is why we have astronomical deficits in the first place, among other reasons, chiefly a profligate US Congress. Hang'em all! But until then, WAKE UP! Corporations ARE the REAL enemy, and their stooges in Congress. ****'em, then hang'em.
Sunday, December 11, 2011
Indicted financier raised millions - State - NewsObserver.com
There appears to be a pattern between political campaign financing and crime. Abrams, Corzine and now ties to the current and former NC Governors. Perhaps a little campaign finance reform is in order.
That is, of course, if our society survives until the November 2012 elections. Even then, the writing is on the wall, when our socialist welfare crony capitalist nation can not meet it's obligations, the poor and elderly will be hit the hardest while politicians will continue to enjoy separate retirement and health care systems they voted for themselves.
We should nationalize pension and retirement funds, and put ALL on the SAME retirement (SS) and health care (Medicare). Maybe not, but either way, criminals are running this country and we're nearing the end game. China bailed out the Euro, again, but it's only a short term fix. The sovereign debt crisis is coming to a currency near you, perhaps sooner than anticipated, which would be an ironic twist of fate for those who caused it. Make no mistake, insiders are getting their funds out, and putting them into hard assets, while the music is still playing. Politicians and highly compensated civil servants are only interesting in maintaining status quo as long as possible, because when payment is due, we either collapse into a police state or we reorganize everyone's pensions, or both.
Monday, December 5, 2011
NC Rep. Tim Spear won't seek re-election in 2012 - Politics - NewsObserver.com
The N&O should be ashamed of their political back biting and participation in the culture of corruption that has permeated our state and country.
Unfortunately, we're all in the same boat economically, but the failed old ideas of the past aren't going to help. The socialist welfare state is dead. It remains to be seen what rises from the ashes. It could well be an anti christ.
NC Rep. Tim Spear won't seek re-election in 2012 - Politics - NewsObserver.com
Friday, December 2, 2011
Prison Planet.com » Years of social unrest on the horizon if economies fall like dominoes
It would appear as though the US is still drunk with pursuing profits gained by the exploitation of cheap labor overseas, and it's military might. Who needs jobs?
As it turns out, everyone who isn't on the public spending gravy train, yet public sector spending has literally replaced private investment, which is what creates jobs.
It won't be until after the 2012 presidential elections until anything is done, and precious little after that, as the ruling powers like things just the way they are, and have little or no incentive to change, except to mobilize a police state to protect it.
Thursday, December 1, 2011
CENTRAL BANKS IN LAST DITCH DESPERATE MOVE TO SAVE BANKERS AND SCREW YOU AGAIN « The Burning Platform
There is the possibility of world war, even nuclear. This serves two purposes, depopulation and return to status quo. After all, that's what we're talking about with all the debt, it's debt owed by socialist nations, including the US.
The Devil and his minion would clearly see this as the most opportune action, get rid of as many souls as possible, and reset the system.
With a lot fewer people in the world, things would pretty much return to where they were, and governments would resume their role of nanny states, with the Devil continuing his role of killing God's Word in people's lives.
The Devil's time is short, we are told in Revelation 12:12, where it also states there is a battle raging in heaven between the Michael and his Angels and the dragon and his angels. This would be right before the appearance of the anti christ, and the beginning of the tribulation and events leading up to Armegeddon and Judgement Day. Revelation talks of Satan being cast in a pit for a thousand years before Armegeddon, so it's hard to tell where we are in the order of events.
In this context, the saints are admonished more than once,
Here is a call for the endurance of the saints, those who keep the commandments of God and their faith in Jesus.
Nothing to do for the moment except remain vigilante, assuming of course you've got basic prepping done. If not, I highly encourage you to store several weeks or months worth of food you use every day. There's powdered or dehydrated versions of perishable goods. You also need guns and ammunition, water filtration, sanitation, all of the things yo take for granted. If there's no food to had anywhere, it's going to get ugly real fast. Katrina in 2005 and LA in 1992 are your best examples of what to expect.
One may say these are extreme measures, or even paranoid, but these are extreme times. It's not paranoia if there really is an enemy who is trying to kill you. The conspiracy exists, and the chief conspirator is Satan and the Devil.
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