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Thread: Stimulus Plan

  1. #61
    Moderator idesign's Avatar
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    Quote Originally Posted by a.k.a. View Post
    More than

    just a simple recession, what we are currently experiencing is a meltdown of the international financial system.

    Some countries are seriously considering extreme isolationist policies that would put an end to globalization. (And,

    as an environmentalist, I have to wonder if this wouldn't be for the best.)
    I don't watch TV and I don't

    read speeches. So I don't know if Obama has promised to suddenly make our country prosperous. If he's said such a

    thing in public, he certainly hasn't mentioned it in his web site. The stimulus package itself is geared towards

    relief and reform. Growth is projected to keep pace with debt and no more. This is the most we can realistically

    hope for at this time. And if the Obama administration manages to pull it off, it will be a historic

    success.



    The first thing that struck me while reading Obama's budget was that it almost exactly

    followed his campaign platform. This is the first time I've seen such a phenomenon since I started following

    politics back in the early 80's. A politician that actually sticks to his platform. What a shock!
    Yes, it is a

    political agenda. But he didn't sneak it in through the back door.
    Reform is not stimulus, and Obama's

    reforms are quite expensive. Growth is historically impossible to predict, especially in this climate. If the

    economy recovers under this administration's policies it will be a testament to the resilience of

    capitalism.

    The Obama campaign was so broad, vague, nebulous and lacking in detail that all he had to do was

    spend money where his supporters wanted and he'd be hailed as a success. Its already happened, but the other shoe

    is dropping, I hope.


  2. #62
    Moderator idesign's Avatar
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    I've been thinking about the

    whole issue of ideology v. economics, and thinking about how much I hated the knee-jerk-Bush-bashing that went on ad

    nauseum.

    I honestly don't know how to separate dislike of Obama's policies from his political/ideological

    foundation. I guess Doc is right.

    I'd be willing to cut this guy a break if he piddled around like most

    new Presidents with this and that aspect of the same old scene. Unfortunately its not so simple right now. The

    economy is pretty much a mess, with plenty of blame to go around, in the public as well as private sector.



    I'm as much frustrated with the Congress as I am with Obama, perhaps more so. They were directly involved

    with the crash of Freddie and Fannie and did nothing but cover their asses when the bubble popped. As well, they

    freakin voted for a bill that allowed AIG bonuses (see Dodd amendment) then showed themselves as very poor actors

    when the public became outraged, and they had to follow suit. Some leadership.

    And that brings me to part of

    the problem with Obama; he's no leader. He's following a formula that's been devised and refined over decades.

    Confiscatory taxation and public spending is much more than the transfer of wealth. Its the transfer of power.

    We're seeing it in spades now. The gov't has assumed ownership of private enterprise and intends to exert every

    bit of control over those assets it can. Just look at the outrageous proposal to tax the AIG bonuses after the

    fact. Not only is it blatantly unconstitutional, but its downright frightening to any believer in private

    ownership.

    The shift from a Republican (in the larger sense) form of gov't to a Liberal "caretaker" gov't

    has, up to this point, been mostly gradual. FDR rocked the whole system and started it all, and LBJ pumped it up

    quite a bit, and there have been those who checked this trend, like Eisenhower and Reagan. What Obama is proposing

    to do is complete the shift in one radical move.

    His massive spending, the massive printing of new money, the

    massive transfer of wealth to the Federal gov't, the massive increase in debt, all amount to transfer of power.

    Our economy is resilient, but who knows how it can bear up under such libertine recklessness.

    Part of the

    scary scenario is the US economy, and the dollar, on the world stage. Obama is rapidly in danger of becoming a

    laughing-stock. The EU is complaining vehemently, China is offering unsolicited economic advice and Americans are

    slowly waking up to this reality.

    Have you heard about the TEA parties that are springing up? TEA = Taxed

    Enough Already. One group has organized 250 of these, and some are drawing as many as 4,000 people. Of course

    taxation is only a scratch on the surface


  3. #63
    Moderator belgareth's Avatar
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    Default Tax Poem

    The Tax

    Poem






    At first I thought this was

    funny...then I realized the

    awful

    truth of it. Be sure to read all the way to the

    end!

    [COLOR=#4d0000

    ]
    Tax his land,
    Tax his bed,
    Tax the table
    At which he's fed.

    Tax his tractor,
    Tax his

    mule,
    Teach him taxes
    Are the rule.

    Tax his work,
    Tax his pay,
    He works for peanuts
    Anyway!

    Tax his

    cow,
    Tax his goat,
    Tax his pants,
    Tax his coat.

    Tax his ties,
    Tax his shirt,
    Tax his work,
    Tax his

    dirt.

    Tax his tobacco,
    Tax his drink,
    Tax him if he
    Tries to think.

    Tax his cigars,
    Tax his beers,
    If he

    cries
    Tax his tears.

    Tax his car,
    Tax his gas,
    Find other ways
    To tax his ass.

    Tax all he has
    Then let

    him know
    That you won't be done
    Till he has no dough.

    When he screams and hollers,
    Then tax him some

    more,
    Tax him till
    He's good and sore.

    Then tax his coffin,
    Tax his grave,
    Tax the sod in
    Which he's

    laid.

    Put these words
    Upon his tomb,
    "Taxes drove me to my doom..."

    When he's gone,
    Do not relax,
    Its

    time to apply
    The inheritance tax.

    Accounts Receivable Tax
    Building Permit Tax
    CDL license Tax
    Cigarette

    Tax
    Corporate Income Tax
    Dog License Tax
    Excise Taxes
    Federal Income Tax
    Federal Unemployment Tax

    (FUTA)
    Fishing License Tax
    Food License Tax
    Fuel Permit Tax
    Gasoline Tax (44.75 cents per gallon)
    Gross

    Receipts Tax
    Hunting License Tax
    Inheritance Tax
    Inventory Tax
    IRS Interest Charges IRS Penalties (tax on top of

    tax)
    Liquor Tax
    Luxury Taxes
    Marriage License Tax
    Medicare Tax
    Personal Property Tax
    Property Tax
    Real Estate

    Tax
    Service Charge Tax
    Social Security Tax
    Road Usage Tax
    Sales Tax
    Recreational Vehicle Tax
    School Tax
    State

    Income Tax
    State Unemployment Tax (SUTA) Telephone Federal Excise Tax
    Telephone Federal Universal Service Fee

    Tax
    Telephone Federal, State and Local Surcharge Taxes
    Telephone Minimum Usage Surcharge Tax
    Telephone Recurring

    & Non-recurring Charges Tax
    Telephone State and Local Tax
    Telephone Usage Charge Tax
    Utility Taxes
    Vehicle

    License Registration Tax
    Vehicle Sales Tax
    Watercraft Registration Tax
    Well Permit Tax
    Workers Compensation

    Tax

    STILL THINK THIS IS

    FUNNY?


    Not one of these taxes existed 100 years ago,

    and our nation was the most prosperous in the world.

    We had absolutely no national debt, had the largest
    middle

    class in the world, and Mom stayed home to raise the kids.

    What in the hell happened? Can you spell

    "politicians?"

    And I still have to "press 1" for English!?

    I hope this goes around THE USA at least 100

    times!!!!!
    [/COLOR]





    YOU can help it get

    there!!!!

    GO AHEAD - - - BE AN AMERICAN!!!!!!
    To compel a man to subsidize with his taxes the propagation of ideas which he disbelieves and abhors is sinful and tyrannical.

    Thomas Jefferson

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