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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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Old 05-24-2006, 05:38 PM   #11 (permalink)
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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.
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Old 08-12-2006, 09:56 AM   #12 (permalink)
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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.
Old 08-12-2006, 01:03 PM   #13 (permalink)
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Sick. Our country is run like Enron.

I get this image of congress or the treasury department shredding papers.
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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.
Old 08-17-2006, 04:09 AM   #14 (permalink)
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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.

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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-
Old 08-17-2006, 11:23 AM   #15 (permalink)
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I like it when you show up. It's like someone called the calvary and some whoop ass.
Old 08-17-2006, 12:48 PM   #16 (permalink)
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Quote:
Originally Posted by sgtdmski View Post
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

Sounds like it is time to introduce more and better parties to the mix then, huh sarge?
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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.
Old 08-17-2006, 07:59 PM   #17 (permalink)
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You know there is a difference between taxing and spending, and borrowing and spending. Think about it.
Old 08-17-2006, 08:10 PM   #18 (permalink)
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Quote:
Originally Posted by hevusa View Post
I've lived within 45 minutes of Baltimore most of my life. It is a small hell on earth. A poor, industrial disease.
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.
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Old 08-17-2006, 09:04 PM   #19 (permalink)
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Quote:
Originally Posted by Katczinsky View Post
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.
Down by the waterfront is the only nice part of Baltimore. The rest is really, really bad.
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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.
Old 08-20-2006, 10:28 AM   #20 (permalink)
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Quote:
Originally Posted by hevusa View Post
Sounds like it is time to introduce more and better parties to the mix then, huh sarge?
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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