What the Uniformed Chose For America
The election of Obama by the most uninformed of our electorate has imposed a economic disaster that will leave most Americans stunned in just a couple of short months.
Our dumbest have defined our collapse.
We have two choices. Raise taxes on the "wealthy" in the middle of the worst recession in our history or allow the Bush tax cuts to expire.
So raise taxes or raise taxes ?
Also massive cuts to the military right after Libya and Egypt were handed over to the Islamic radicals.
What happens when you raise taxes in a down economy?
Expect layoffs, expect a shrinking of our economy , an increase in our debt and a another drop or two in our credit rating.
Drops in our credit ratings = higher bond yields.
Higher interest paid to bond owners.
Obama Care when States have no money but according to law are supposed to pay for people who qualify for medicare.
The fed doesn't have any money.
So libz tell me why any of this is a a good idea.
Last edited by Six; 11-07-2012 at 04:31 PM.
Russia is at our back door ready to take over, maybe they will do a better job. Maybe we should all just commit suicide, then maybe all of the crybabys will finally fulfill there dilusions.
The majority wins, thank God for domocracy.
The only votes that counts is the Electoral College votes which is more informed than the general public....
The people popular votes counts for nothing and Mr. President even won on that too.
The Electoral College is the institution that officially elects the President and Vice President of the United States every four years. The electors are chosen by each state of the United States and by the District of Columbia, but not by other territorial possessions of the United States (such as Puerto Rico). The number of electors is 538, based on the total voting membership of the United States Congress (435 Representatives and 100 Senators) and three electors from the District of Columbia. Article II, Section 1, Clause 2 of the Constitution specifies the number of electors to which each state is entitled and state legislatures decide how they are chosen.
Voters in each state and the District of Columbia cast ballots selecting electors pledged to presidential and vice presidential candidates. In nearly all states, electors are awarded on a winner-take-all basis to the candidate who wins the most votes in that state. Although no elector is required by federal law to honor a pledge, in the overwhelming majority of cases each elector votes as pledged. The Twelfth Amendment provides for each elector to cast one vote for President and one vote for Vice President. It also specifies how a President and Vice President are elected. The Twenty-third Amendment specifies how many electors the District of Columbia is entitled to have.
Critics argue that the Electoral College is inherently undemocratic and gives swing states disproportionate influence in electing the President and Vice President. Proponents argue that the Electoral College is an important, distinguishing feature of federalism in the United States and that it protects the rights of smaller states. Numerous constitutional amendments have been introduced in the Congress seeking to alter the Electoral College or replace it with a direct popular vote.
Personally I want to know what TurdBlossom and Crossroads are going to do now. All I know is that he better not go out into the desert or accept any invites to go "hunting". His anonymous masters are displeased.
Originally Posted by keviekev70
Clearly they were not.
They missed the obvious conclusion to a Obama election.
Six, what do you think the end game is? What will America look like exactly 4 years from now on this day in 2016? This is a serious question. Thanks.
Originally Posted by Six
BTW, here's what Pat Buchanan says is coming. He makes a lot of sense:
Pat Buchanan - The Coming Age of Austerity 11-4-2012
“Are the good times really over for good?” asked Merle Haggard in his 1982 lament.
Then, the good times weren’t over. In fact, they were coming back, with the Reagan recovery, the renewal of the American spirit and the end of a Cold War that had consumed so much of our lives.
Yet whoever wins today, it is hard to be sanguine about the future.
The demographic and economic realities do not permit it.
Consider. Between 1946 and 1964, 79 million babies were born – the largest, best-educated and most successful generation in our history. Bill Clinton and George W. Bush, both born in 1946, were in that first class of baby boomers.
Assume that 75 million of these 79 million boomers survive to age 66. This means that from this year through 2030, an average of nearly 4 million boomers will be retiring every year. This translates into some 11,000 boomers becoming eligible for Medicare and Social Security every single day for the next 18 years.
Add in immigrants in that same age category and the fact that baby boomers live longer than the Greatest Generation or Silent Generation seniors, and you have an immense and unavoidable increase coming in expenditures for our largest entitlement programs.
Benefits will have to be curbed or cut and payroll taxes will have to rise, especially for Medicare, to make good on our promises to seniors.
As for the rest of our federal budget of nearly $4 trillion, we have run four consecutive deficits of over $1 trillion. To bring that budget to balance, freezes would have to be imposed and cuts made in spending for defense and other social programs.
From California to Wisconsin to New York, we see the process at work at the state level. Government salaries are frozen, government payrolls are cut, government pensions and programs are scaled back.
California and Illinois are on the precipice of default. Cities like Detroit, Birmingham, Stockton and San Bernardino are already there.
As for national defense, how long can we afford to spend more than the 10 other top nations combined? How long can we continue to defend scores of nations half a world away? How many more trillion-dollar wars like Iraq and Afghanistan can we fight on borrowed money?
Moreover, the day of the great national enterprises is over.
FDR had his New Deal and World War II, Ike his federal highway system, Kennedy his space program, LBJ his Great Society, Reagan his military buildup and tax cuts, Bush his two wars and tax cuts, Obama his Obamacare.
But there is nothing left in the till to do big things. One sees only deficits and debt all the way to the horizon.
Europe has arrived at where we are headed. In the south of the old continent – Spain, Italy and Greece – the new austerity has begun to imperil the social order. In the north, the disposition to be taxed to pay for other nations’ social safety nets is disappearing.
With government in the U.S. at all levels consuming 40 percent of gross domestic product, and taxes 30 percent, taxes will have to rise and government spending be controlled or cut. The alternative is to destroy the debt by depreciating the dollars in which it is denominated – i.e., by Fed-induced inflation.
But you can only rob your creditors once. After that, they never trust you again.
There is another social development rarely discussed.
The workers who are replacing retiring baby boomers in the labor force are increasingly minorities.
Black folks and Hispanics alone account now for 30 percent of the population – and rising rapidly.
Yet these two minorities have high-school dropout rates of up to 50 percent in many cities, and many who do graduate have math, reading and science scores at seventh-, eighth- and ninth-grade levels.
Can their contributions to an advanced economy be as great as were those of baby boomers of the ’60s and ’70s, whose SAT scores were among the highest we ever recorded? U.S. scores in global competition have been plummeting toward Third World levels.
Everyone talks about how we are going to raise test scores. But, despite record and rising investments in education per student, no one in decades has found a way to do this consistently.
Moreover, while boomers were almost all born into families where mother and father were married and living together, Hispanics have a 53 percent illegitimacy rate, African-Americans a 73 percent rate.
Among the white poor and working class, the illegitimacy rate is now 40 percent – almost twice as high as it was in black America when Pat Moynihan wrote his 1965 report on the crisis of the black family.
And between the illegitimacy rate and the drug-use rate, dropout rate, crime rate and incarceration rate, the correlation is absolute.
Some of us are often accused of always “crying wolf.”
But it is worth noting that one day the wolf came.
The first thing to do in order to reduce the social security outlay is to put a limit on who can get social security, people who make 100k a year, when retired, should never collect social security.
That figure in my opinion should even be lower, but I was generous. Social security should be designed for those who have worked regular jobs that would never allow one to save enough for old age.
“HELL IS EMPTY AND ALL THE DEVILS ARE HERE.”
Well I would usually say that it's just another game of political chicken played by the Reps and the Dems but this time its difderent.
Either way Tax increases are coming and quick, Jan 1 st and in the middle of a down economy.
Add to that Obamas immediate environmemtal regulations passed on coal fired plants which stops the building of coal fired plants and the hastening of closing old plants by overwhelming them with burdensome regulations.
Coal is one of our largest energy sources so the consequence is much higher energy rates. ( Remember Obama saying this from the 2008 election ? ) for working class people and massive layoffs for those in the coal industry.
Corporations and investors will protect their capital instead of investing it and that = more layoffs and a ever shrinking economy.
The spending will continue with a loss of Government revenue and that means inflation.
Food prices are already up.
Yep you said it the Baby boomers are againg and with less and less employed Americans to pay SS tax that means increasing age and increasing SS tax.
Obama will keep spending. The Fed will keep pumping.
Eventually the Conservatives will be called upon to fix this mess.
I think about the end game some time but other than making a comparison to Greece I really hsve no idea.
Imagine our military not getting paid, social welfare recipients not being paid.
Basically all non essential govt funding being stopped.
For the public that has jobs hopefully they will keep them but unemployment over 25%, real unemployment around 50%.
Those without who knows. A bankrupt America = no SS or unemployment benefits. They're paying them now with borrowed money.
Tons of innocent families suffering. The liberals are celebrating now but they have no clue whats sits right before them.
A co worker told me the American people voted their wallets.
I told him yep, whats in their wallets right now with no thought to the future.
Your wrong Roy. It is not a tax but a savings administered by the government and was never met to be used by the government. You should know all about it since it was first started in Germany by Hindenburg in beginning of the last century before we started it under FDR. Thank you very much
Originally Posted by royc
Explain. Are you speaking of affirmative action for determining who will be president?
Originally Posted by keviekev70
If you can't fix it with a hammer, you've got an electrical problem.
Not talking about right and wrong, was talking about reducing the outlay. And no I dont know crap about what Hindenburg did, and dont realy care. If social security would have been operated as an interest bearing savings plan, we wouldnt be talking about it, cause many of us would be millionaires. Of course they couldnt resist stealing it for their own political ambitions.
Originally Posted by glennac
And by the way, where did I say anything about a "Tax".
“HELL IS EMPTY AND ALL THE DEVILS ARE HERE.”