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Halliburton and Bechtel Are Nothing
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<blockquote data-quote="wkmac" data-source="post: 295566" data-attributes="member: 2189"><p>So by the above are you saying before things get that bad, go nuclear if you will (economically speaks) that our gov't can tax us directly to raise the revenue to keep such from happening? Yeah they could but the democrats have been wanting to raise taxes for years so how is your party in the end so different from them? </p><p> </p><p>As to understanding taxes, the nature and the adminstration, let's just say you have no idea just how well I know about them and I'll leave it at that.</p><p> </p><p>you also said:</p><p></p><p> </p><p>If you are so on board then let me ask you this. I've heard this same mantra from the repubs. all the way back to 1976' when Reagan first ran against Ford for the nomination. Yet 30 plus years later I hear the same thing and in those 30 years all the above have grown even moreso, although the bridge to nowhere was a republican thing with Ted Stevens. From 8 years of Reagan to the Contract with America and the Republican revolution and through all that, the only thing these programs did was grow and grow and grow. Where is the fiscal responsibilty you champion? I sure don't see it and learned that hard lesson in 1983' after Reagan passed the TEFRA Tax Act of 82'. What did it do?</p><p> </p><p>1)Rescinded the Kemp-Roth Tax Cut from the previous year.</p><p>2)Schedule for accelerated appreciation deductions repealed</p><p>(This was precursor to the all out assault on middle class tax deductions to be scene in the upcoming new 1986' Tax Code which replaced the 1954' tax code)</p><p>3)10% withholding on dividends and interest paid to indivduals</p><p>4)Federal Unemployment Tax Act wage base was greatly increased</p><p>5)Excise Tax on Telephone service was tripled</p><p> </p><p>Care to continue? </p><p> </p><p>Mark my word, with US total debt public and private at $56 trillion dollars, we have no equity left in our house. If you raise taxes you risk taking the ability to service private debt. Not raise taxes and you risk losing the ability to service public debt. In chess, that's called CHECK and you only have one move to aviod checkmate!</p><p> </p><p>The only way to save the King is by one of 2 methods. You can cut the above mentioned social programs and you'll have riot in the streets. this is also why Ron Paul would never cut them contary to chicken little myth! The other option is to look elsewhere and the most economic drain is the Occupation of Iraq. Notice I didn't say war because it really isn't. Cut that and yes you may have a vaccum where in all probability all out civil war between Sunni and Shia will breakout. This risks having Iran come in on the Shia side and the Sunni's of Saudia Arabia coming in on the Sunni side. Then the war esculates across the rest of the Middle East. What's caught in the middle of all of this? Our life blood, oil.</p><p> </p><p>So, which way do we go? Go ahead, I spilled my guts about where I stand on all things political, economic, social, care to man up and join the fun?</p><p> </p><p>Don't you just love Blowback!</p><p> </p><p>BTW: All of you should watch the TV program on the History channel entitled, "Crude." An excellent program about the history of the oil bidness from it's start up till today. Goes into the geology of why there is such a rich oil field in Saudi (I found that very interesting) and where we even stand today on the amounts of oil going into the future. Worth the 2 hours to watch IMHO.</p></blockquote><p></p>
[QUOTE="wkmac, post: 295566, member: 2189"] So by the above are you saying before things get that bad, go nuclear if you will (economically speaks) that our gov't can tax us directly to raise the revenue to keep such from happening? Yeah they could but the democrats have been wanting to raise taxes for years so how is your party in the end so different from them? As to understanding taxes, the nature and the adminstration, let's just say you have no idea just how well I know about them and I'll leave it at that. you also said: If you are so on board then let me ask you this. I've heard this same mantra from the repubs. all the way back to 1976' when Reagan first ran against Ford for the nomination. Yet 30 plus years later I hear the same thing and in those 30 years all the above have grown even moreso, although the bridge to nowhere was a republican thing with Ted Stevens. From 8 years of Reagan to the Contract with America and the Republican revolution and through all that, the only thing these programs did was grow and grow and grow. Where is the fiscal responsibilty you champion? I sure don't see it and learned that hard lesson in 1983' after Reagan passed the TEFRA Tax Act of 82'. What did it do? 1)Rescinded the Kemp-Roth Tax Cut from the previous year. 2)Schedule for accelerated appreciation deductions repealed (This was precursor to the all out assault on middle class tax deductions to be scene in the upcoming new 1986' Tax Code which replaced the 1954' tax code) 3)10% withholding on dividends and interest paid to indivduals 4)Federal Unemployment Tax Act wage base was greatly increased 5)Excise Tax on Telephone service was tripled Care to continue? Mark my word, with US total debt public and private at $56 trillion dollars, we have no equity left in our house. If you raise taxes you risk taking the ability to service private debt. Not raise taxes and you risk losing the ability to service public debt. In chess, that's called CHECK and you only have one move to aviod checkmate! The only way to save the King is by one of 2 methods. You can cut the above mentioned social programs and you'll have riot in the streets. this is also why Ron Paul would never cut them contary to chicken little myth! The other option is to look elsewhere and the most economic drain is the Occupation of Iraq. Notice I didn't say war because it really isn't. Cut that and yes you may have a vaccum where in all probability all out civil war between Sunni and Shia will breakout. This risks having Iran come in on the Shia side and the Sunni's of Saudia Arabia coming in on the Sunni side. Then the war esculates across the rest of the Middle East. What's caught in the middle of all of this? Our life blood, oil. So, which way do we go? Go ahead, I spilled my guts about where I stand on all things political, economic, social, care to man up and join the fun? Don't you just love Blowback! BTW: All of you should watch the TV program on the History channel entitled, "Crude." An excellent program about the history of the oil bidness from it's start up till today. Goes into the geology of why there is such a rich oil field in Saudi (I found that very interesting) and where we even stand today on the amounts of oil going into the future. Worth the 2 hours to watch IMHO. [/QUOTE]
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