debt ceiling

Discussion in 'Current Events' started by Brownslave688, Jan 14, 2013.

  1. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    Obama really just wants to be able to spend as much money as he sees fit. They are doing everything they can to make the republicans look bad. They reached a tax deal and just postponed all spending cuts.

    The republicans need to stand their ground here. I means seriously what have the democrats given up on any issues. It's time to dig in and tell Obama tough we need to reduce spending and if your willing to hold the country hostage so you can spend all u want well we aren't going to let that happen.

    No democrat will admit it but if we keep running these trillion dollar deficits there is only one way to fix it. Tax the crap out of EVERYONE. That's right not just the rich. At the rate Obama is spending just raising taxes on the wealthy wont cover it. In 10-15 we will all be looking at 30%+ taxes.
     
  2. island1fox

    island1fox Well-Known Member

    If the Dems and the Repubs along with OBAMA do not get serious on REDUCING spending the next big crash will be the Dollar. This will be a disaster for all --liberal, conservative, rich, poor and middle.

    Time to open our eyes ---this debt and spending is unsustainable. Mr. President time to stand up and show some Leadership. You were correct when as a Senator YOU spoke out against raising the debt ceiling !!!
     
  3. wgf46

    wgf46 Member

    That's their plan, bankrupt America ! They are right on schedule. Creating Communist America.
     
  4. over9five

    over9five Moderator Staff Member

    "The fact that we are here today to debate raising Americas debt limit is a sign of leadership failure"


    I agree with Mr Obama.
     
  5. Jones

    Jones fILE A GRIEVE! Staff Member

    Taxes on everyone are going to have to go up anyway, even if the republicans get all the spending the cuts they want it won't come close to eliminating the deficit. Personally I thought we should have just gone over the cliff and let the chips fall where they may, but even that wouldn't have eliminated the deficit.
     
  6. moreluck

    moreluck golden ticket member

    2/3 beats 1/3

    What's stopping him from steam rolling over every law and doing what he wants ??
     
  7. island1fox

    island1fox Well-Known Member

    Jones,

    With food and gas prices at record levels -- the five percent tax increase on all plus the restart of the payroll tax would have bought the economy to a complete halt. Many working people today are just getting buy---cannot have 5% more taken for government.
    SS and Medicare must raise age because people are living much longer. Massive spending cuts needed now--- not more money taken out of a very weak economy.:sick:
     
  8. Jones

    Jones fILE A GRIEVE! Staff Member

    That's all very well, but the it won't solve the debt.
     
  9. texan

    texan Well-Known Member

  10. island1fox

    island1fox Well-Known Member



    Neither will more government spending.

    A revised , simpler tax code --eliminating many deductions for special interests groups and large corporations will help greatly.

    A real push to create jobs , Easing up on the thousands and thousands of regulations, looking at the pipeline and fracking -creating a real business friendly environment by reducing the Corporate tax to around the world levels and rewarding manufacturing jobs that will work in the U.S.

    A simpler tax code --where the middle keeps an additional five percent that will give them the opportunity to stimulate ALL of the economy and not just payback lobbists and loyal donors. Revising SS and Medicare is a must.

    The President actually meeting with the jobs committee and business leaders would also be a good starting point to finally get the economy in high gear --which in the end is the only way to attack the debt.:wink2:


    If you look at my posts from Four years ago I recommended that the trillion dollar stimulous should have come from the middle class paying NO FEDERAL tax for one year. The money they would have paid in taxes --would have been required to be spent across the ENTIRE economy. Instead --the shovel ready-no shovel ready , solyndra wastful fiasco went forward !!

    Believe it or not --this is not rocket science---Just need some common sense --rather than our brilliant Politicians.
     
  11. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    A simpler tax code would do so much. Not only does it bring in additional income from closing loopholes and reducing deductions. It should also cut spending by making it possible to dramatically cut the IRS workforce.
     
  12. upsgrunt

    upsgrunt Well-Known Member

    Here's a quick 8+ Billion a year that could be saved.

    Granted, some of these ideas are rather radical, but perhaps some radical changes are exactly what is needed.

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    When a company falls on difficult times, one of the things that seems to happen is they reduce their staff and workers. The remaining workers must find ways to continue to do a good job or risk that their job would be eliminated as well.

    Wall street and the media normally congratulate the CEO for making this type of "tough decision".


    Our government should not be immune from similar risks.


    Therefore:

    Reduce the House of Representatives from the current 435 members to 218members.

    Reduce Senate members from 100 to 50 (one per State). Then, reduce their remaining staff by 25%.

    Accomplish this over the next 8 years (two steps/two elections) and of course this would require some redistricting.


    Some Yearly Monetary Gains Include:

    $44,108,400
    for elimination of base pay for congress. (267 members X $165,200 pay/member/yr.)

    $437,100,000
    for elimination of their staff. (Estimate $1.3 Million in staff per each member of the House, and $3 Million in staff per each member of the Senate every year)

    $108,350,000
    for the reduction in remaining staff by 25%.

    $7,500,000,000
    reduction in pork barrel earmarks each year. (Those members whose jobs are gone. Current estimates for total government pork earmarks are at $15 Billion/yr).

    The remaining representatives would need to work smarter and improve
    efficiencies.It might even be intheir best interests to work together for the good of our country!

    We may also expect that smaller committees might lead to a more efficient resolution of issues as well. It might even be easier to keep track of what your representative is doing.


    Congress has more tools available to do their jobs than it had back in 1911 when the current number of representatives was established. (Telephone, computers, cell phones to name a few)

    Note:

    Congress does not hesitate to head home for extended weekends, holidays and recesses, when what the nation needs is a real fix for economic problems. Also, we had 3 senators who
    were not doing their jobs for the 18+ months (on the campaign trail) and still they all accepted full pay. Minnesota survived very well with only one senator for the first half of this year. These facts alone support a reduction in senators and congress.

    Summary of
    opportunity:

    $44,108,400 reduction of congress members.

    $282,100,000 for elimination of the reduced house member staff.


    $150,000,000 for elimination of reduced senate member staff.


    $70,850,000 for 25% reduction of staff for remaining house members.


    $37,500,000 for 25% reduction of staff for remaining senate members.


    $7,500,000,000 reduction in pork added to bills by the reduction of congress members.


    $8,084,558,400 per year, estimated total savings. (That's 8-BILLION just to start!)

    Corporate America does these types of cuts all the time.
    There's even a name for it.

    "Downsizing."
    ------------------------------
    Also, if Congress persons were required to serve 20, 25 or 30 years (like everyone else) in order to collect retirement benefits, taxpayers could save a bundle.
    Now they get full retirement after serving only ONE term.
    ----------------------------------------


    IF you are happy with how Washington spends our taxes, delete this message.
    Otherwise, it's time to "downsize" Congress.
    --------------------------------------------------------------------------------------------------------------------------------------------------
    Please consider forwarding.


    I have cleaned this eMail of all other names, By copying and pasting it, I'm sending it to you in hopes that you will keep it going and keep it clean. This is something I believe in and I hope you all read it all the way through.

    The 26th amendment (granting the right to vote for 18 year-olds) took only 3 months and 8 days to be ratified! Why? Simple! The people demanded it. That was in 1971 ...before computers, before eMail, before cell phones, etc..

    Of the 27 amendments to the Constitution, seven (7) took 1 year or less to become the law of the land ...all because of public pressure.

    I'm asking each addressee to forward this email to a minimum of twenty people on their address list; in turn ask each of those to do likewise.

    In three days, most people in The United States of America will have the message. This is one idea that really should be passed around.

    Congressional Reform Act of 2012

    1. Term Limits. 12 years only, one of the possible options below..

    A. Two Six-year Senate terms
    B. Six Two-year House terms
    C.One
    Six-year Senate term and

    three Two-Year House terms

    2. No Tenure / No Pension.

    A Congressman collects a salary while in office and receives no pay when they are out of office.

    3. Congress (past, present and future) participates in Social Security.

    All funds in the Congressional retirement fund move to the Social Security system immediately. All future funds flow into the Social Security system, and Congress participates with the American people.

    4. Congress can purchase their own retirement plan, just as all Americans do.
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    5. Congress will no longer get automatic pay raises. Congressional pay will rise by the lower of CPI or 3%.

    6. Congress loses their current health care system and participates in the same health care system as the American people.

    7. Congress must equally abide by all laws they impose on the American people.

    8. All contracts with past and present Congressmen are void effective 1/1/13.

    The American people did not make this contract with Congressmen. Congressmen made all these contracts for themselves.

    Serving in Congress is an honor, not a career. The Founding Fathers envisioned citizen legislators, so ours should serve their term(s), then go home and back to work.

    If each person contacts a minimum of twenty people then it will only take three days for most people (in the U.S.) to receive the message. Maybe it is time.



















     
    Lasted edited by : Jan 15, 2013
  13. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    Government waste is so over the top it just makes me sick. We aren't just talking federal I'm talking city and state also.

    I have a friend that took a job in IT for a large federal government agency. He said he was reminded by everyone there at least a dozen times before lunch of the "work pace". He started at 9am and said it was lunch before some people finished their morning hellos. By 1:30 he had finished what was expected of him for the day. Was then told by his boss no reason to start anything new this late in the day. Gets off at 5. Could prob save hundreds of billions a year if government works were just as productive as their private workers that do the same job.
     
  14. Buck Fifty

    Buck Fifty New Member

    Nothing !
     
  15. island1fox

    island1fox Well-Known Member

    Ups over the years REDUCED the number of Regions from twelve to three domestically and Districts from well over fifty to twenty.

    All of the Region and District staffs disappeared ---savings of MILLIONS of dollars.

    Company continues to grow and Prosper. GOVERNMENT should follow suit !!!!!

    Makes me laugh when Politicians brag how good the stock market is doing in the Obama ECONOMY----COMPANIES KNOW HOW TO REDUCE SPENDING !!!:happy-very:
     
  16. moreluck

    moreluck golden ticket member

    USPS can't pay their bills, but they supported doper Armstrong.

    Just pay your bills....you have no money to play with !!
     
  17. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    Well looks like republicans are happy to kick the can a little farther down the road. Going to do a short term debt limit plan to get to mid may. What a joke take a freaking stand. It's time for 100% turn over in Washington I believe.
     
  18. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    I thought part of the deal was no budget=no pay. Has that changed?
     
  19. oldngray

    oldngray nowhere special

  20. Jones

    Jones fILE A GRIEVE! Staff Member