Subscribe by RSSWho and or what is to blame? Is it Republican intransigence on taxes or is it Democratic intransigence on taxes? Republicans offered a plan claiming to raise $250 billion over 10 years with elimination of deductions and new tax rates in exchange for spending cuts. Obviously, there was no deal. We’re still not sure the Democrats put anything concrete on the table short of Senator Kerry’s carefully crafted proposal that sounded good on TV yesterday but represented only a slight variation on the central theme of intransigence; taxes!
“But, but Americans are OK with the idea of taxing the rich, approval is in the mid 60’s. Okay, agreed it is a poll; how did we ask the question? If the question is “are you in favor of taxing the rich and small business if it means less capital available in the markets, less direct investment, less growth and less job creation?” When we get the answer to that question, I’ll eat my keyboard if approval is still in the mid 60’s. I digress.
Who’s to blame? Answer; it doesn’t matter and it’s irresolvable. Democrats will believe the Democrats, Republicans will believe Republicans and the middle; who knows what the middle is thinking other, than, perhaps; “they’re all a bunch of morons!” The opportunity existed for 12 Senators to make heroes of themselves. No, no, not just an ideological hero, a real one, to nearly everyone. Yea, not so much, with this group!
This was not about $1.2 trillion; this is about the upcoming, sure to be nasty, campaign. If this were, in fact, a serious exercise; where’s the President? His absence and essential distain defines the utter lack of credibility attached to this process. The Democrats on the Super Committee were carrying water for the President’s themes and the Republicans fell right into the trap. Memo to Republicans; if the Democrats agree, go count your fingers.
This was not about debt reduction: it’s about sound bites, future campaign ads and fund raising. This is about the fact that one ideology or the other is going to take a little trip into the political Wilderness for a while. This election will, almost to a certainty, be close. It will be close because America has been sliding leftward institutionally for a long time and there is a lot on the line for a lot of people; the crowd that is dependent on ever larger government to insure they maintain the lifestyle to which they have become accustomed. On the other side is the “everyone benefits from a healthy economy, rising tide raises all the boats, we’re too big” approach. One has to win and one has to lose.
Simple fact is there is an election a year away and nothing significant will resolve itself until that election campaign is waged, won and lost.
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“This is not about debt reduction:it’s about soundbites,future campaign ads and fund raising.”
Hmmm…..Do we want to create 30,000 jobs with Keystone XL where no federal funding is required or lose 1100 jobs with Solyndra where federal funding wasn’t required but pissed away anyway?
It’s all about soundbites,future campaign ads and fund raising!
lOOK TO THE PAST TO DISCOVER THE PROBLEMS OF TODAY…
Ever hear a Democrat Congress person speak of US outspending what we paid into social security and medicare ??? Why just small part of THRUTH __ LIAR __ ??? Covering YOUR BUTTS ???
“TREASON in high places”
“Remember, not only did you contribute to Social Security but your employer did too. It totaled 15% of your income before taxes. If you averaged only $30K over your working life, that’s close to $220,500.”
“If you calculate the future value of $4,500 per year (yours & your employer’s contribution) at a simple 5% (less than what the govt. pays on the money that it borrows), after 49 years of working you’d have $892,919.98.”
“If you took out only 3% per year, you’d receive $26,787.60 per year and it would last better than 30 years (until you’re 95 if you retire at age 65) and that’s with no interest paid on that final amount on deposit! If you bought an annuity and it paid 4% per year, you’d have a lifetime income of $2,976.40 per month.”
“The folks in Washington have pulled off a bigger Ponzi scheme than Bernie Madhoff ever had.”
“Entitlement my ass, I paid cash for my social security insurance!!!! Just because they borrowed the money, doesn’t make my benefits some kind of charity or handout!!”
“Congressional benefits —- free healthcare, outrageous retirement packages, 67 paid holidays, three weeks paid vacation, unlimited paid sick days, now that’s welfare, and they have the nerve to call my social security retirement entitlements?”
“We’re “broke” and can’t help our own Seniors, Veterans, Orphans, Homeless”
“In the last months we have provided aid to Haiti , Chile , and Turkey . And now Pakistan ……home of bin Laden. Literally, BILLIONS of DOLLARS!!!”
“Our retired seniors living on a ‘fixed income’ receive no aid nor do they get any breaks while our government and religious organizations pour Hundreds of Billions of $$$$$$’s and Tons of Food to Foreign Countries!”
“They call Social Security and Medicare an entitlement even though most of us have been paying for it all our working lives and now when it’s time for us to collect, the government is running out of money. Why did the government borrow from it in the first place? Imagine if the *GOVERNMENT* gave ‘US’ the same support they give to other countries.”
“Sad isn’t it?”
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