The new budget offer from the White House is unbelievable!

reply to post by ProfessorChaos


That is exactly what they are going to do and not just to let the Democrats look good. It will also let the Republicans off the hook for letting the Bush tax cuts expire. This way...we go over the cliff, new taxes and "some" austerity goes into effect, both parties look like heroes of the middle class by immediately passing tax cuts for the middle class. Congress has the power to make these retroactive as well...so...nothing is going to hurt that bad.

Everyone that is jumping up and down like their heads are on fire are being played. They fully intend to let the sequestration take effect and after it does, they will pick and choose what they want to keep and what they want to let go.

If you are scared of the "fiscal cliff"...you obviously do not see how this is being "played". We need to cut the deficit...and this is how it's going to start. Everyone worried about the national debt and yearly deficit should rejoice if they run and jump off this cliff.

Originally posted by dontreally
reply to post by EarthCitizen07

 

Indeed so and it is great! No more rothschild and rockefeller elitism. Who would not be proud of that moment?

You think one person has the right to tell another person what to believe? Libertarian socialism, to take just one example of socialism, intends a complete cultural makeover. It won't limit itself to "helping the workers". No, that's simply a pretext to procure power. When power is attained:

"Libertarian socialism also constitutes a tendency of thought that informs the identification, criticism and practical dismantling of illegitimate authority in all aspects of social life"

Isn't that what happens regardless who is in power? There are always losers and winners. Better to have a majority of winners and a minority of losers. Today with democrats and republicans the minority is oppressing the majority.

Just check out their portal at Wikipedia. Free love, Free society, Queer theory, Feminist theory...The word "coexist" doesn't exist in their lexicon. They only borrow the word libertarian, only the outer shell of the idea they pay deference to. But Christians, Jews.. in short, conservatives? Those with a different spiritual or religious outlook they pompously pronounce to be "authoritarian"...and yet their pronouncement, and their subsequent suppression of these different outlooks, is not authoritarian...They are not libertarians. Libertarians tolerate ALL differences - not just those which suit their prejudice.

I am more of a statist. Srong leaders make strong countries. Libertarianism is feminine!

Capitalism sucks!

Have you read anything of Frederich Hayek?

Capitalism can work and I would support it provided it was not the free trade aka laissez faire kind. Sure we could use much less legislation, but I don't see any protectionism and protectionism is important unless you like learning multiple languages in school to prepare for constant relocation.

The constitution party seems to push mercantilism. I want to check it out when I get a chance. Not that they have a snowballs chance in hell of ever winning. The votes always get hoarded by the big two. The media owned by rich is cunning.

atheist communist

I said atheist liberal. Perhaps atheist anarchist would be more apropos. Don't get me wrong, they're spiritual, they're just remarkably intolerant of those whom they disagree with. They're fanatics.

Liberals tend to be religious but not fanatics like conservatives. Progressives tend to be agnostic or gnostic but hate mainstream religion(like me). Revolutionaries/anarchists tend to be atheists. Conservatives tend to be religious fanatics.

You people make no sense whatsover and are politically illiterate. I am for a mixed economy with a public central bank.

Ok then. I didn't know that, as I have never had this conversation with you before.

I apologise for being rude, its just that there too many conservatives and no progressives or revolutionaries in america and I get tired of repeating my positions to everyone. There is too much fear of the left perhaps because the upper middle class and wealthy know they stand to lose a lot of money and influence if a left party ever wins or the democrats are forced to act center.

reply to post by EarthCitizen07

Libertarianism is feminine!

Say what?

Mine is gender neutral.

the only way to reign in the frenzy is to stop feeding the beast.
see:
thelawthatneverwas.com
devvy.com
search on : tommy cryer
read : G.Edward Griffin - John D. Coleman - Jim Marrs - D Hopsicker

reply to post by Ghost375


You don't get it do you, we have this trillions of dollars problems in our governments debt for decades, you know why it has not been fixed and it keeps growing?

Because government doesn't produce any income it needs the income from the taxes, but at the same time they can not stop spending regardless of what they tell that is going to be cut.

It that was true the budget would have been fixed by now.

They need money to keep spending, no saving, get it?

Nothing will be fixed, Obamacare needs money, defense needs money, government needs money no matter what, the only way to get it is from the working class.

Plain and simple as usual the burden of the debt will fall in the working class, that is how is been for decades thanks to the ability of congress to tax the common working citizen, they spend we pay.

Perhaps Geithner is the AntiChrist!!!!! Ready to bring all of us to our knees!!



Pax

reply to post by Ghost375


Taxes is not the problem. Raising taxes never works they have been saying that crap for 30 damn years as long as I can remember as a young teen. Yes It's government spending and inflation because everyone wants their slice of the pie and wants to retire off of one sale. It's because our jobs go to over seas. There is no work and when you do work you're paid a wage that doesn't add up to anything but a hill of beans and you're constantly in debt and can never save a dime. However, it's nice to know that we have a couple billion dollar rovers on mars and that our government can donate a couple billion dollars to Egypt and address their problems, but can't address OUR problems! Yeah we should bitch and keep on bitching, because we got a bunch of idiots at the helm running the country. You can't talk about balancing the budget and be taken seriously, when at the same time you're spending billions of dollars on stupid #.

reply to post by sean


Let no forget our beloved Federal Reserve bank.

Where Did the Federal Reserve Get All that Money? If you are very well into the issue of the Fed you will know that while our government wants the people to take sacrifices the Fed have not problem getting trillions of dollar with the Qs to give to bankers in Wall Street.

Many people think that is all about us the people to help the economy and go along with the scam that is the government and the Fed because they know better.

The blame or burden of debt is put on the people as usual and people forget that is bigger and wider fish on the top layers of our nations economy that are making the decisions on how to screw the tax payer while they reap the benefits of tax payer money.

Federal Reserve Chairman Ben Bernanke gave his fourth lecture at George Washington University yesterday. Buried in the lecture, beginning at about 19:18 in the video, Bernanke explained where the Fed got the money to “pay for” the assets it purchased as part of its Quantitative Easing (QE) policies.

The government and the Fed are so crafty on their wording that Americans have no clue what is going on as they have no knowledge of how they have been played out.

The Federal Reserve, like any bank, can acquire an asset simply by crediting a bank account. In other words, the bank pays by creating money. As Alan Greenspan explained, the Fed has an unlimited capacity to spend in US dollars. It can pay trillions of dollars with a single keystroke. Here is Chairman Bernanke (Readers can follow is presentation beginning on page

Now let remember that the Fed is a private owned bank Americas working class are just the milking cows that feed these scam bank.

So ask yourself this question: If the Federal Reserve can create trillions of dollars with a single keystroke, and the Fed is the government’s bank, then why does President Obama claim we’ve “run out” of money? Why have Democrats and so-called progressives supported job-killing budget cuts in the name of “shared sacrifice”? Why are we throwing away the equivalent of $9.8 billion in lost output every single day? Why don’t we do something about our $2.2 trillion infrastructure deficit, 25 million underemployed and unemployed Americans, 100 million Americans in or very near poverty, and so on?

The answer is simple. Most of us don’t understand the monetary system. Instead of deciding how the government should wield its power over the dollar, we live in fear of the ratings agencies, the Chinese, the bond market vigilantes and other imaginary evils. And this holds all of us back. Unused resources abound, human needs go unmet, and the vast majority of Americans believe that ‘There Is No Alternative’ (TINA). Or, as Warren Mosler says, “Because we fear becoming the next Greece, we’re turning ourselves into the next Japan.”

There is an alternative. And it begins with an understanding of the monetary system. The cat is already out of the bag. Chairman Bernanke confirms it. Money is no object.

It is sad that fellow Americans can praise the corruption we call government and favor any policies that they are crafting again the working class people because they have not clue how Americans economy work and for whom

Rest assure that is no working for you or me or any hard working tax payer out there.

While the government debates the budget, taxes and sacrifices cuts on services that we the tax payer pay for it, where are the sacrifices of all the money that the Fed is squandering to keep the IMF and Wall Street filthy rich bankers.

While the white house congress debate and get everybody all fighting each other nobody tells the Fed what to do with the tax payer money that they get to spend at will.

Now while the bozos keep the people thinking about how unfair one politicrap party is over the other The fed and bankers are crafting the next step to keep their wealth rolling.

neweconomicperspectives.org...

The biggest leaches of Americas economy is The fed with Wall Street and the American govenrment itself

QE4? The Big Wall Street Banks Are Already Complaining That QE3 Is Not Enough

We are all siting ducks while the crocks get to laught all the way to the bank.

QE3 has barely even started and some folks on Wall Street are already clamoring for QE4. In fact, as you will read below, one equity strategist at Morgan Stanley says that he would not be "surprised" if the Federal Reserve announced another new round of money printing by the end of the year. But this is what tends to happen when a financial system starts becoming addicted to easy money. There is always a deep hunger for another "hit" of "currency meth". Federal Reserve Chairman Ben Bernanke was probably hoping that QE3 would satisfy the wolves on Wall Street for a while. His promise to recklessly print 40 billion dollars a month and use it to buy mortgage-backed securities is being called "QEInfinity" by detractors. During QE3, nearly half a trillion dollars a year will be added to the financial system until the Fed decides that it is time to stop.

And now they want to get into your 401K, and guess what in the name of scrifices the dumb population will open their wallets to the govenrment.

Because Americans has grown complaiant and still believe in fairy tales

theeconomiccollapseblog.com...

Why is this really news that is hitting now? Since Reagan there have been how many ceiling increases?

Since ole Ronnie the gov't has been borrowing us into the ground, Ds & Rs.

FWIW with the fractionalization of $, there's only been about 7 dollars ever and the rest is just pieces of that re-loaned by banks to keep people/gov'ts under their control. Why not use up all their $ and stiff them?

They've been getting over on the people since time out of memory and it isn't like they're going to break the legs of the gov't the way that a shylock would break ours if we owed them $.

Greatest scheme in the world... banking.

Derek

reply to post by Wrabbit2000


OK Rabbit...if I get you correctly...You are freaking out about letting the President raise the debt ceiling?

Are you aware that this proposal originated with the REPUBLICAN LEADER of the Senate???

It was an acknowledgment that the GOP led Congress was incapable of managing the accounts of the USA. They earned us a first ever credit downgrade the last time they tried...is your memory that short?

Either way, it is a short-term measure, not long term and at the urging of the leader of the GOP in the Senate.

McConnell Proposal Gives Obama Power to Increase Debt Limit
thecaucus.blogs.nytimes.com...

reply to post by Indigo5

Dear Indigo5,

Good to see you again. I always get something from your thoughts. You inspired me to read your link, and I found this.

Mr. McConnell’s proposal would give Mr. Obama sweeping power to increase the government’s borrowing authority, in increments, by up to $2.4 trillion — enough, it is estimated, to cover federal obligations through next year — only if Mr. Obama specified spending cuts of equal amounts. But Congress would not have to approve the spending cuts prior to the debt-limit increase.

It looks like a two-sided bargain. We'll give you authority to raise borrowing by $2.4 trillion, if you agree to cut $2.4 billion. I suspect that offer might still be good, but that Obama won't cut that much.

I could easily be wrong, I can't read their minds, but it was something that both had to agree to.

With respect,
Charles1952

I believe the dollar will collapse as planned soon enough to make way for the cashless society.

It's become a giant joke.

The tax increse on income over $250,000 is no longer about the economy and it has become nothing more than a prize. An ego driven political trophy I guess you could call it.

Most members of congress should be in diapers waiting for mama to wipe their backsides.


Posted Via ATS Mobile: m.abovetopsecret.com

reply to post by Shneal


That sounds fine and dandy, but I seriously doubt it will work. Unless the banks and the "fleecers" out there are ready to give away credit card machines and process transactions for "0%" cost...there will always be a demand for cash.

I understand there are many pro's to a cashless society, but all it will inevitably do is build a bigger black market. They prohibited alcohol...and we saw what we got. They prohibited drugs and we are witnessing how well that is working out. If they prohibit "cash"...well...the underground will flourish off of that too.

reply to post by marg6043


It's never enough with taxes they can take 100% and it will never be enough. How can anyone be so blind is beyond me. People wonder why we're in debt hmm well 170 US military bases and wars spread out all over the planet might have something to do with it.