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| Budget and Taxes Do you feel that raising taxes will help solve the debt of the United States? Are you a fan of Reaganomics? |
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| | #11 (permalink) | |||||||||||||||||||||
| Congressional Representative ![]() Join Date: Feb 2005 Location: Needham, MA Posts: 2,335
| The Park Rangers that busted me and my friends in October got together for a group picture when all was said and done. I personally found that to be pretty hilarious. But it don't take much to get me by So just booze me up and get me high Ween | |||||||||||||||||||||
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| | #12 (permalink) | |||||||||||||||||||||
| Community Leader ![]() Join Date: Jan 2006 Posts: 692
| CNN -- LOU DOBBS TONIGHT -- Aired August 11, 2006 - 18:00 ET DOBBS: The federal government keeps two sets of accounting records. One set holds the budget numbers the White House presents to all of us. Then there's the set quietly released by our Treasury Department. A set of books, the real books, that show quite a shockingly different version of this nation's financial reality. Christine Romans reports. (BEGIN VIDEOTAPE) CHRISTINE ROMANS, CNN CORRESPONDENT (voice-over): The White House upbeat about this country's finances. GEORGE W. BUSH, U.S. PRESIDENT: This year's deficit will actually come in at about $296 billion. ROMANS: But Congressman Jim Cooper says America's books are far worse than that. REP. JIM COOPER, (D) TN: The president is using old-fashioned accounting, accounting that would literally be illegal for any large enterprise in America. ROMANS: He points to a different set of numbers. A financial report he says the White House doesn't want you to read. It's the official audited financial statement published by the Treasury Department, using accounting required of all big public companies in this country. Cooper, a fiscally conservative Democrat, is so worried about the nation's true finances, he's having them published himself. The Treasury's financial report of the United States is devastating. A 2005 deficit of $760 billion. More than double the White House numbers. America's debts and commitments? An incredible $49 trillion. Using the treasury's audited books, those surpluses in the later Clinton years never happened. And this country looks headed for financial disaster. COOPER: The hidden set of books reveals that we're borrowing fantastic sums of money from countries all over the world. ROMANS: Why the two sets of books? The White House simply counts the money coming in and going out. But the Treasury includes future obligations, like federal pensions and healthcare costs. Add in the very real cost of Medicare and Social Security, and this government runs deficits of trillions of dollars. The White House Budget Office and the Treasury Department would not respond on camera. But said no one is hiding this second set of books. (END VIDEOTAPE) ROMANS (on camera): No matter which accounting you believe, both of these sets of books are alarming. Either way, at this pace, before long, we'll spend more on interest for our debts than our basic domestic needs. Lou? DOBBS: It's remarkable what people don't realize about this. And this broadcast is going to start using that other set of books, just to keep it very clean, and this will upset as well, not only the Bush administration, but the Clinton administration, because if you look at the real picture, we didn't have a budget surplus during the Clinton years, after all. Christine, thank you very much, Christine Romans. | |||||||||||||||||||||
| | #13 (permalink) | |||||||||||||||||||||
| Super Moderator Join Date: Feb 2005 Location: Seattle (grew up around D.C.) Gender: ![]() Posts: 7,847 Country: ![]()
| Sick. Our country is run like Enron. I get this image of congress or the treasury department shredding papers. --- help me Instant Runoff Voting, you're my only hope --- There is little doubt that the world in general is more liberal than it was 50 years ago and beyond. Conservatives are simply roadblocks on the path to an ever more progressive and liberal world. What a sad existence. | |||||||||||||||||||||
| | #14 (permalink) | |||||||||||||||||||||
| The Man You Love to Hate Join Date: Apr 2005 Location: Ketchikan, AK Gender: ![]() Posts: 1,853 Country: ![]()
| We have known for years that the future obligations of pensions, Medicaid?Medicare and Social Security were going to cost the country trillions of dollars. The same was true during the Clinton presidency. So truth be told there never really was a budget surplus now was there. Damn all these years the Democrats and liberals have been nothing but liars. Go figure. dmk Conservatism, I repeat is not an ideology. It does not breed fanatics....But if you want men who seek, reasonably and prudently, to reconcile the best in wisdom of our ancestors with the change which is essential to a vigorous civil social existence, then you will do well to turn to conservative principles -Russell Kirk- | |||||||||||||||||||||
| | #15 (permalink) | |||||||||||||||||||||
| Banned Join Date: May 2006 Location: Wild Wild West Gender: ![]() Posts: 7,659
| I like it when you show up. It's like someone called the calvary and some whoop ass. | |||||||||||||||||||||
| | #16 (permalink) | ||||||||||||||||||||||
| Super Moderator Join Date: Feb 2005 Location: Seattle (grew up around D.C.) Gender: ![]() Posts: 7,847 Country: ![]()
| Quote:
Sounds like it is time to introduce more and better parties to the mix then, huh sarge? --- help me Instant Runoff Voting, you're my only hope --- There is little doubt that the world in general is more liberal than it was 50 years ago and beyond. Conservatives are simply roadblocks on the path to an ever more progressive and liberal world. What a sad existence. | ||||||||||||||||||||||
| | #17 (permalink) | |||||||||||||||||||||
| Community Leader ![]() Join Date: Jul 2006 Location: Ann Arbor, MI, USA Gender: ![]() Posts: 834
| You know there is a difference between taxing and spending, and borrowing and spending. Think about it. | |||||||||||||||||||||
| | #18 (permalink) | |||||||||||||||||||||
| Senator ![]() Join Date: Jan 2006 Location: Columbus, OH Gender: ![]() Posts: 3,680 Country: ![]()
| I've been there before. It wasn't that bad at all. You must go through the bad parts of it or something. But, I've been to Detriot, now that is a pretty bad place. "If you want to achieve peace of mind and happiness, then have faith; if you want to be a disciple of truth, then search" -- Friedrich Nietzsche Economic Left/Right: -9.50 Social Libertarian/Authoritarian: -6.72 | |||||||||||||||||||||
| | #19 (permalink) | |||||||||||||||||||||
| Super Moderator Join Date: Feb 2005 Location: Seattle (grew up around D.C.) Gender: ![]() Posts: 7,847 Country: ![]()
| Down by the waterfront is the only nice part of Baltimore. The rest is really, really bad. --- help me Instant Runoff Voting, you're my only hope --- There is little doubt that the world in general is more liberal than it was 50 years ago and beyond. Conservatives are simply roadblocks on the path to an ever more progressive and liberal world. What a sad existence. | |||||||||||||||||||||
| | #20 (permalink) | |
| Website Owner Join Date: Jan 2005 Location: Taxachusetts Gender: ![]() Posts: 5,502 Country: ![]() Thanks: 12
Thanked 70 Times in 62 Posts
| Imagine there being no parties. Everyone is independent on their own morals, thoughts, and ideas. But the problem with that is "funding" | |
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