Puterbac News Network and Political Discussion Thread
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- Owlman
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Re: Puterbac News Network and Political Discussion Thread
good ole Royal street. Great place for antiques (during the day)
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- Jungle Rat
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Re: Puterbac News Network and Political Discussion Thread
Gays like antiques. Hmmmm
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Re: Puterbac News Network and Political Discussion Thread
Outliers removed?AlabamAlum wrote:This should help you:
Worth. Every. Cent.
- AlabamAlum
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Re: Puterbac News Network and Political Discussion Thread
Correct.
"The problem with quotes on the Internet is that it is hard to verify their authenticity."
— Abraham Lincoln
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— Abraham Lincoln
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Yes, I still miss Coach Bryant.
- AlabamAlum
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Re: Puterbac News Network and Political Discussion Thread
And, true dat, spacer. I remember my wife spending $1500 at the shop across from the Monteleone.
"The problem with quotes on the Internet is that it is hard to verify their authenticity."
— Abraham Lincoln
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Yes, I still miss Coach Bryant.
— Abraham Lincoln
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Yes, I still miss Coach Bryant.
- Jungle Rat
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- sardis
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Re: Puterbac News Network and Political Discussion Thread
http://www.realclearpolitics.com/video/ ... fight.html
It ain't just the media that wants to see this...
It ain't just the media that wants to see this...
- sardis
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Re: Puterbac News Network and Political Discussion Thread
To say we don't "have to" is reckless, to say the least. Our debt is near 100% of GDP right now. The IMF started worrying about Greece when they were at 115% of GDP. We were as low as 65% just 4 years ago. There are Western countries in better fiscal shape than us who are cutting the retirement pensions of their citizenry.Owlman wrote:As Dora has pointed out, we don't "have" to do it. Right now, it's 67 for those born after 1960. Jumping the retirement age 7 years for those less with 10 years left to plan is more likely to lead to a voter backlash of seniors and the majority of their children. Make it 68 for those born after 1965, 69 for those after 1970, 70 for those born after 1975.or you significantly raise the age of retirement to 72 + starting with those who are currently 55, which we have to do.
But as long as we bank on oil as our primary source of fuel, we will spend an inordinant amount of wasted time, lives and money in patrolling the middle east.
- bluetick
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Re: Puterbac News Network and Political Discussion Thread
the U.S. ranked 27th lowest of the 30 top industrialized countries in its collection of corporate taxes relative to GDP at 1.8% vs the average 2.5%. Bruce Bartlett wrote in May 2011: "...one almost never hears that total revenues are at their lowest level in two or three generations as a share of G.D.P or that corporate tax revenues as a share of G.D.P are the lowest among all major countries. One hears only that the statuatory corporate tax rate in the United States is high compared with other countries, which is true but not necessarily relevant. The economic importance of statutory tax rates is blown far out of proportion by Republicans looking for ways to make taxes look high when they are quite low."
(Bruce Bartlett was executive director of the Joint Economic Committee of Congress and was the senior economic policy analyst in the Reagan White House, and was deputy assistant secretary for economic policy for the George H.W. Bush administration)
(Bruce Bartlett was executive director of the Joint Economic Committee of Congress and was the senior economic policy analyst in the Reagan White House, and was deputy assistant secretary for economic policy for the George H.W. Bush administration)
"OMG, this is terrible. This is the end of my presidency. I AM FUCKED!"
- AlabamAlum
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Re: Puterbac News Network and Political Discussion Thread
I'm not convinced that raising the tax rate to be closer to the mean on that list is necessarli a good thing. Should we work to emulate France, Germany and Lichtenstein's business tax models?
I think we need to first work to get out of wars, and learn how to control spending by saying no. When we take in more, we tend to spend more and end up borrowing more.
I think we need to first work to get out of wars, and learn how to control spending by saying no. When we take in more, we tend to spend more and end up borrowing more.
"The problem with quotes on the Internet is that it is hard to verify their authenticity."
— Abraham Lincoln
__________________________________________
Yes, I still miss Coach Bryant.
— Abraham Lincoln
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Yes, I still miss Coach Bryant.
- Toemeesleather
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Re: Puterbac News Network and Political Discussion Thread
Yep, the problem is not revenue, it's spending...
I saw a werewolf drinking a pina colada at Trader Vic's.
- Toemeesleather
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Re: Puterbac News Network and Political Discussion Thread
Soooo, now we have another Tricky Dick in the WH....
I saw a werewolf drinking a pina colada at Trader Vic's.
- Toemeesleather
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Re: Puterbac News Network and Political Discussion Thread
I'm tellin' ya, even the libs (the honest ones) are growing tired of carrying The One's water....
http://www.politico.com/news/stories/0611/58098.html
http://www.politico.com/news/stories/0611/58098.html
I saw a werewolf drinking a pina colada at Trader Vic's.
- TheBigMook
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Re: Puterbac News Network and Political Discussion Thread
The libs have been annoyed with him for awhile, mainly because Obama is not and never has been liberal.
THE OG SSG
- Toemeesleather
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Re: Puterbac News Network and Political Discussion Thread
In addition to $6 billion in direct government subsidies, Rattner notes the "real" cost to American consumers is much higher. Thanks to mandates requiring certain amounts of ethanol be blended into gasoline, about 40% of U.S. corn production is diverted toward ethanol. That, in turn, drives up the price of feed for cattle and pig, which puts upward pressure on food prices. In the past year, corn prices have doubled while the price of bacon is up 24%, Rattner notes.
Citing these "hidden costs" of mandates, the government's corn ethanol policies are a "much more pernicious force" then even most critics realize, he says.
All this despite studies suggesting corn ethanol is energy inefficient — meaning making a gallon the fuel consumes more energy than it produces.
"Of all the examples I've come across in my time both in Washington and watching Washington, this is one of the most remarkable, inexplicable, inexcusable [subsidies] I've come across"
Citing these "hidden costs" of mandates, the government's corn ethanol policies are a "much more pernicious force" then even most critics realize, he says.
All this despite studies suggesting corn ethanol is energy inefficient — meaning making a gallon the fuel consumes more energy than it produces.
"Of all the examples I've come across in my time both in Washington and watching Washington, this is one of the most remarkable, inexplicable, inexcusable [subsidies] I've come across"
I saw a werewolf drinking a pina colada at Trader Vic's.
- bluetick
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Re: Puterbac News Network and Political Discussion Thread
AlabamAlum wrote:I'm not convinced that raising the tax rate to be closer to the mean on that list is necessarli a good thing. Should we work to emulate France, Germany and Lichtenstein's business tax models?
I think we need to first work to get out of wars, and learn how to control spending by saying no. When we take in more, we tend to spend more and end up borrowing more.
If France, Germany, and Lichtenstein had fought wars this century while reducing revenues to record levels and then emerging no worse for the wear...then yeah, we should emulate the heck outta 'em.
As is stands, our problems are fairly unique when compared to the rest of the industrialized world. Dubya inherited arguably the strongest federal balance sheet in postwar history. Record high surpluses, debt was at 30% of GDP and falling ...the country was in great fiscal shape. But rather than follow Clinton's lead, dubya handed out those gigantic tax cuts, with those at the top of the income ladder getting the biggest breaks. Then he fought two endless wars on the other side of the world. And then we had the mortgage/derivitive meltdowm madness.
So we're in a huge financial hole...so deep that we have to look at revenue, same as we look to cut spending. Kill any and all Bush tax policies for starters. Re-jigger SS and Medicare/caid. Deep cut the defense budget. Rein in the corporate subsidies and welfare. Let our fiscal rehab be a shared sacrifice all across the board... we've all got skin in the game.
"OMG, this is terrible. This is the end of my presidency. I AM FUCKED!"
- Owlman
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Re: Puterbac News Network and Political Discussion Thread
To say that the problem is a spending one not a revenue one is silly. We have more outgo than income. To change that you increase income and decrease outgo. To do one without the other only exacerbates the problem.
For thousands of years, revenue is raised to fight wars. What did Bush do? He took the wars off the books and decreased the taxes paid as a percentage of the GDP.
For thousands of years, revenue is raised to fight wars. What did Bush do? He took the wars off the books and decreased the taxes paid as a percentage of the GDP.
My Dad is my hero still.
- Owlman
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Re: Puterbac News Network and Political Discussion Thread
I should say Bush II. Bush one was infinitely better than his son.
My Dad is my hero still.
- AlabamAlum
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Re: Puterbac News Network and Political Discussion Thread
I've just got that funny feeling that we're going to raise taxes AND continue to spend like drunken sailors on shore leave. Wait. That's not fair to drunken sailors. When they run outta money they actually stop spending.
Until we (they) can responsibly manage the money they do have, I will remain cynical that giving them more will help.
Until we (they) can responsibly manage the money they do have, I will remain cynical that giving them more will help.
"The problem with quotes on the Internet is that it is hard to verify their authenticity."
— Abraham Lincoln
__________________________________________
Yes, I still miss Coach Bryant.
— Abraham Lincoln
__________________________________________
Yes, I still miss Coach Bryant.
- Owlman
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Re: Puterbac News Network and Political Discussion Thread
Why be cynical? You only have to go back 11 years. In 1993, Clinton raised taxes to a large outcry that it would damage our economy or that he'd just spend it. Didn't happen. He cut the size of government, revamped and limited AFDC and improved significantly the balance sheet. That's the plan to follow.Until we (they) can responsibly manage the money they do have, I will remain cynical that giving them more will help.
My Dad is my hero still.