Politics
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- Midge0
only skimmed it, but looks sweet, where do i sign?
- BattleAxe0
A quick Sum
"The proposed Senate amendment to H.R. 1 would specify appropriations for a wide range
of federal programs and would increase or extend certain benefits payable under the
Medicaid, unemployment compensation, and nutrition assistance programs. The
legislation also would reduce individual and corporate income tax collections through a
variety of changes to tax laws; those changes include instituting a tax credit of up to $500
for each worker in both 2009 and 2010, and raising the exemption amount allowed
against an individual’s income for the alternative minimum tax (AMT) for tax year 2009."
- TheBlueOne0
Ah, good old Fox News is promoting the idea we are now heading straight towards communism:
I love these dimwits, they never know what the fuck they are talking about yet get to broadcast it 24/7 to the world.
- All these bailouts and proposed nationalized banks seem like a great first step in that direction.tommyo
- hey tommoron, the CEOs of these companies (who I guess I could fairly label capitalists) are the ones pleading for bailoutwaterhouse
- bailout. Economists are in agreement that some form of level of bailout needs to be tried to stimulate the economy.waterhouse
- wow...the name calling. brilliant. What economic ideology would you say that bailouts and bank nationalization would come ...tommyo
- closest to then? Enlighten me please.tommyo
- Need a little help? Start with economic social systems that are dependent on government support. Mind you, I'm not ...tommyo
- saying that this IS socialism ... I am saying that it's a step in that direction.tommyo
- Answer:
Reality.waterhouse - Yeah and I'm the moron. Can't even quantify your own statement. One error I made in this was that I never qualifiedtommyo
- my first comment with Socialism. It was represented like I thought we were headed for communism. My apology.tommyo
- "Reality" is the response to most of your rhetorical rantings.waterhouse
- Yeah, you're right. Asking you a direct question is now rhetoric, how dare I.tommyo
- BattleAxe0
Senate Adds Auto Buyers’ Tax Break to Stimulus Plan
- ********0
The entire government is total shit. Especially the majority— crooks, elites and assholes abound, ALL around. So just get ready for the shit to hit the fan.
- TheBlueOne0
Good point:
"It's class war when Washington passes a $700 billion TARP bailout for Wall Street with feverish haste, but struggles to pass an $800 to $900 billion stimulus package for everybody else."
http://www.cnbc.com/id/29016555
The writer? Some crazed lefty marx loving fanatic? Some longhaired Berkley professor? Um, not so much - it's CNBC Jim (I never met a stock I never liked) Cramer 's nephew and senior staff writer.
- they're working at a feverish pace to pass the current bill, which is entirely dangerous.********
- they're working at a feverish pace to pass the current bill, which is entirely dangerous.
- ukit0
I love how right wingers had absolutely no problem when we decided to invade Iraq, kill a million people, and spend 3 trillion on it.
Bush spends 1 trillion on welfare every year for 8 years - no one notices.
Bush introduces a Medicare benefit that costs 1.5 trillion - no reaction.
But now Obama is spending LESS than a trillion on economic programs in the middle of a recession - OH NOES, it's the end of the world!
- it's because they are assholes.
lowimpakt - Money for war and rich people? OK! Money for health and education? Now hold your horses...TheBlueOne
- because spending trillions on war isn't communism its AMERIKA!KwesiJ
- it's because they are assholes.
- TheBlueOne0
http://news.yahoo.com/s/ap/20090…
"New jobless claims jump more than expected to 626K"
- DrBombay0
You hear all of these republicans talk about tax cuts...
How about cutting payroll taxes once, just fucking once? I promise to piss more money away.
- btw Rick, I didn't know that you had Libertarian leanings. It looks nice on you. :)tommyo
- fuck that.DrBombay
- Well, I mean it's just that the whole concept of decreasing gov intake to stimulate private sector is refreshing isn't it?tommyo
- The whole - 'We can do some things better than Washington can!' I like it, welcome to the team. :Ptommyo
- tommyo0
^^ I've heard a few people talk about this ... cutting FICA. That honestly sounds like the best idea to me. It puts money right in the pockets of workers and their employers - which would help keep and possibly grow jobs, stimulate the economy. All at the same time. I mean, a billion dollars to Amtrak sounds amazing and all .. but I don't see how that stimulates anything but the tracks they roll on.
- a) I agree about the FICA cut. B) wouldn't the build out of a rail system employ lots of people?TheBlueOne
- Europe and Japan both have amazing hi-speed rail systems? Why don't we?TheBlueOne
- Add jobs to an entity that hasn't turned a dime in what, decades? // Sounds like a great long term investment.tommyo
- Demand for public transport went way up when gas was $4/gal. It will most definitely go up to $4+/gal sooner than we think.joeth
- odd how the european and japanese rail systems turn profits. Of course, they were properly funded.TheBlueOne
- ..the republicans have strangled AMTRAk from the beginning...TheBlueOne
- ..can't have a good public transportation system when their are oil profits to be made.TheBlueOne
- You might be right. There are variables with the US that Europe and Japan don't have though. We're more spread out.tommyo
- Exactly.joeth
- Air travel is pretty affordable and more time efficient. Locally though we all have Metro systems. Amtrak just doesn'ttommyo
- seem to have much of a niche to fall into. Just my opinion of course.tommyo
- Okay so ... let's say Amtrak gets more money. 1bn. What are they going to do with it to now somehow become viable?tommyo
- I wish we all had Metro systems. A lot of major cities still don't.joeth
- I hear what you're saying about air, but that'll go up. Amtrak should get more trains going where there is the most demand.joeth
- DrBombay0
There are so many boneheads out there that hear the term "tax cut" and think it includes them. There isn't any republican that is trying to cut mine or your taxes. None. Amtrak needs to be modernized, but that is another topic entirely. This country is eating itself.
- legislation also would reduce individual and corporate income tax collections through a
variety of changes to tax laws; those changes include instituting a tax credit of up to $500
for each worker in both 2009 and 2010,BattleAxe - variety of changes to tax laws; those changes include instituting a tax credit of up to $500
for each worker in both 2009 and 2010,BattleAxe - for each worker in both 2009 and 2010,BattleAxe
- http://www.cbo.gov/f…BattleAxe
- legislation also would reduce individual and corporate income tax collections through a
- ********0
Just reported: US Government overpaid $78B for troubled bank assets (TARP).
All fucking idiots.
- <snark> No one could of seen THAT coming </snark>TheBlueOne
- robotron3k0
go Ron Paul, introduced House Bill to abolish the Federal Reserve:
H.R. 833:
111st Congress
2009-2010
To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes.- oh please oh please
*crosses fingersBattleAxe - Man that would definitely be a good move. Doubt it'll happen but I like it. :)tommyo
- Just doing this is Big Ballsrobotron3k
- How come Ron Paul has "big balls" but Kucinich puts gutsy stuff up all the time and is called a dwarf?TheBlueOne
- he's "dwarfian"don't you think?robotron3k
- oh please oh please
- tommyo0
Exactly why you CANNOT allow government to run our banking industry. They have no idea what they're doing and they're not spending their money, they're spending ours. Shortfall of 78 billion dollars...that's not counting what's happened to the market since they bought it....measured at the date of the transaction they overspent seventy-eight billion dollars. $78,000,000,000
I know this is only loosely applicable here but: I still have no clue why some of you would ever, ever, want these idiots in charge of your health care. If you think it costs a lot now, if you think it's 'unaffordable' just wait till these geniuses handle it.
- The problem isn't the government, it's the bankers who set the reimbursement rate. Get the corruption out of the system.TheBlueOne
- the system.TheBlueOne
- Problem isn't the government? They paid too much. Over 10% of the bailout money. How can you not find fault with thosetommyo
- who made the deal to purchase the assets that weren't worth what they paid?? Reimbursement rates? Wtf?tommyo
- BattleAxe0
"I still have no clue why some of you would ever, ever, want these idiots in charge of your health care. If you think it costs a lot now, if you think it's 'unaffordable' just wait till these geniuses handle it."
Public Education, yes it has it's issues but ,Fed Regulated, State Controlled ,
the question here for you is
Why do you find it ok, that health of any citizen to be a profitable commodity- Post office does a heckuva job, as does our armed forces, Coast Guard...TheBlueOne
- ...Libertarians just live in a little fantasy world of government hate.TheBlueOne
- Government got us to the moon, to the bottom of the ocean...TheBlueOne
- yeah they're awesome. Talk to me about the state of affairs in our schools, hospitals, roadways... coast guard, funny.tommyo
- medicare works in lowering costs...DrBombay
- tommyo0
Why do you find it okay that food and shelter be a profitable commodity?? What makes medical care so much different from those? They're necessities and people make money providing them.
As much as I despise how our government has nearly mandated into existence the current beast: insurance industry. Putting the government in charge is definitely a compound mistake that will cost us soooo much more money, not to mention opening the doors to further legislation possibly taking away more freedoms.
- cost us money? like a 800 billion bailout, or 900 billion stimulus package, money is not the issueBattleAxe
- the control of it isBattleAxe
- Yes, bc my wife's medical care in Japan sucks. Oh wait, no it doesn't...TheBlueOne
- and Japan has been in a 10 year recession? BUT, they have bullet trains and medical care. Sweet!tommyo
- the yen is doing better than the dollar...DrBombay
- TheBlueOne0
"Putting the government in charge is definitely a compound mistake that will cost us soooo much more money, not to mention opening the doors to further legislation possibly taking away more freedoms."
Right, just like the way private medical insurance companies refuse coverage to people because of prior conditions. Yeah those people have so much more freedom.
Yeah like people haven't had to go into bankruptcy over medical costs (raises hand), which then doesn't inversely curtail their freedoms for employment and access to other economic resources.
Yeah, like corporations don't have to carry insurance on their balance sheets which make them less competitive in the market place with those i nother countries who don't have to deal with such nonsense.
But no you keep your weird little twisted idea of "freedom" there despite reality.
- tommyo0
Yeah, reality. Like the 78 billion they blew in Sept. Billions spent to put capital back into banks so that they can lend it.. which turned out to be bullshit. The war they've dropped trillions on. How they can't even fund schooling without cramming it so full of bureaucracy that getting these kids interested and learning is a fucking joke. Roads and bridges got a D+. I love how you like to point out every other fucking country that has this and has that ... Bullet trains, free medical coverage. But look and actually apply what this government has succeeded on in the last 20 years to what you want it to do. It ain't gunna work friend. If you want to hang the laurels of this modern government on the postal service doing a 'heckuva job' great, they can run a business that delivers packages. Medical coverage is going to be the same foreign concept to these nitwits as buying assets in companies, or shit... paying their own personal taxes seems to be a bit much for some of them these days. Heckuva job!
- TheBlueOne0
And what makes you think (food) agriculture is profitable all by it's lonesome? Do you have any idea of how deeply subsidized the food industry is? How many handouts and tax breaks the food industry gets? (Socialized food corporations)....or what about all the tax breaks given real estate and retail developers? Government subsidy again.
Tommyo you really don't see how this works do you? But go ahead and figure that if the government gives money to poor people, or money to educate the masses or keep people healthy that infringes on the people's "freedom", but giving money left and right to corporations whether it's a subsidy (ongoing) or a bailout (crisis) is you know "free market at work".
Let me spell it out to you - It's socialism for the rich people, who can bend politicians ears. Can you do that? No. Industry can. Big Business can. And they do. And they will.
I would rather have a flawed, wasteful government system serving the people with the recourse of the ballot box as a corrective than a system where money is funneled to the rich where the voice of the people is silenced.
- BattleAxe0
tis true, we can bat around all the gov flaws , no one is arguing that , but when we see Billions of dollars getting tossed around like bean bags, you know we are more than capable as a country to have free Health Care,
and it wont be the Fed in charge of it, States will be, Municipalities will be , Fed will just dictate policy , State and counties will execute that policy