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We should not have bailed them or any other company out. They should have been allowed to fail so a better company could have taken their place.
Taxpayers saved AIG's insurance obligations. Do you judge them as harshly? Shall we demand that AIG quit doing business this instant?
Originally posted by DarthMuerte
Nice is not going to solve this problem. When reality slaps you in the face it hurts. Don't believe me? Ask the Greeks. Ask the Spanish. Ask the Argentinians. Open our eyes and see where uncontrolled social spending leads. Other countries are going over the financial cliff. Do we just continue to follow their bad example? Socialism does not work. That experiment has failed. Time to drop Keynesian economics. We need to wake the hell up and make the hard choices now. It will only get worse the longer we wait.
Originally posted by popcornmafia
Other posters are being way to nice..
Don't give me that its for the children crap...
I'm sure this guy loves his kids and/or grand kids..
Stop trying to guilt trip this guy under the guise of
being real. This guy nor i or the rest of us in this thread
screwed up SS. We do our part the gov. needs to do theirs.
To try and act like they shouldn't ever receive it is sick...
lay off
The "rich" already pay most of the taxes. How much is fair in your mind? At what point do we recognized that the government spends too much? If we confiscated all of the wealth of the top 1% it would not be enough to make a dent in the debt. So tell me then, where should be the cutoff? The top 10%? The top 25%? How much is fair? Of course, it would all be moot if we dropped all other taxes and implemented the Fair Tax. Fairness is not the issue though. It never was.
Originally posted by Hefficide
So you only care about the kids if it doesn't inconvenience the rich?
No say? No say at all? Who did you vote for? Did you even try to get politicians to stop raiding the so called trust fund? We got robbed, we got screwed. The money is gone and we are in way too much debt to put it back. That is the truth. Like it or not. The question becomes, do we now rob our children and their children so that we can buy the latest iphone? At a minimum, we need to institute means testing for SS, medicare, and all other programs. We sure as hell should not be giving away free cell phones. All of the social programs need to be scrapped imo. After we get our house in order, maybe we can reconsider but right now they need to end.
Originally posted by popcornmafia
Originally posted by DarthMuerte
Nice is not going to solve this problem. When reality slaps you in the face it hurts. Don't believe me? Ask the Greeks. Ask the Spanish. Ask the Argentinians. Open our eyes and see where uncontrolled social spending leads. Other countries are going over the financial cliff. Do we just continue to follow their bad example? Socialism does not work. That experiment has failed. Time to drop Keynesian economics. We need to wake the hell up and make the hard choices now. It will only get worse the longer we wait.
Originally posted by popcornmafia
Other posters are being way to nice..
Don't give me that its for the children crap...
I'm sure this guy loves his kids and/or grand kids..
Stop trying to guilt trip this guy under the guise of
being real. This guy nor i or the rest of us in this thread
screwed up SS. We do our part the gov. needs to do theirs.
To try and act like they shouldn't ever receive it is sick...
lay off
You first.
We had no choice at all in this matter.
No say every week they took our money.
Dont pit this on the people the good citizens of the usa.
Were awake most agree in this thread the gov spending
needs to stop so uncle sam can pay his bills to the citizens who were
FORCED into this scheme
Originally posted by DarthMuerte
No. I would not. If you give the government more money, they will just waste it. Spending needs to be cut. Fiscal sanity, fiscal responsibility, needs to be embraced. The nation does not have a revenue problem. It has a serious spending problem.
Originally posted by Hefficide
reply to post by DarthMuerte
So, if I were to suggest that we stop the Bush tax cuts on the rich and maybe even make businesses and the exceptionally wealthy help out a little more - for the sake of the kids. You'll agree with me?
~Heff
reply to post by seeker1963
What amazes me Heff, is that the media NEVER mentions all of the IOUs that are sitting in the fund that was stolen and will never be payed back!!!
Until 2008 the government simply subsidized between $3 and $10 of qualifying low-income consumers' monthly wireless bills as a way to assure their access to basic phone service; customers paid the rest out of pocket. (Uncle Sam offers similar subsidies for landline customers.) But since TracFone started offering totally free service in August 2008, paid directly by the subsidy, demand has soared. USAC's annual disbursements to telcos providing low-income phone service rose 52 percent, to $1.25 billion, between 2008 and 2010. Free wireless is the biggest reason for the increase, with the new market generating hundreds of millions of dollars for service providers.
A staffer at the Federal Communications Commision, which oversees carriers, says the agency may consider tightening oversight and cost management of the fast-growing program. Still, agencies that promote the free phones see growth continuing. "Anytime the boss tells you not to come back to work, the home phone is the first to go," says Sharon Goodson, executive director of North Carolina Community Action Assn., which has helped thousands apply for Assurance phones.
The bottom line: Wireless operators like Sprint Nextel are building a big business providing free cellular service to the poor. Washington picks up the tab.
I agree. Total repudiation of all debt public and private. Complete reset.
Originally posted by dawnstar
so ya, taking out on the future elderly and disabled makes so much sense doesn't it??
if the elderly and disabled can pay the price than so can't the rest of our creditors, let's just do a total default and get it over with!!!