This Is One Scary Clock

[KLHJ2]

OK I have done some research. I must say that I was not fully aware of the sitaution. I am not saying that I am an expert either. You guys have a valid point. Calling me a retard and intellectually lazy may not have been the preferred route, but it got my attention.

Anyway, as serious as the deficit is, it is almost foolish to think that anything can be done about it without serious cuts in Defense Spending and SS/Healthcare programs.

Going back to my original post which I ignorantly blurted out, I would like to retract it. I ask this question though "What can really be done, and how much of that can we really do?" We cannot fly a jumbo jet from the toilet seat in the back of the plane.

[Schneed10]

Originally Posted by Angry

OK I have done some research. I must say that I was not fully aware of the sitaution. I am not saying that I am an expert either. You guys have a valid point. Calling me a retard and intellectually lazy may not have been the preferred route, but it got my attention.

Anyway, as serious as the deficit is, it is almost foolish to think that anything can be done about it without serious cuts in Defense Spending and SS/Healthcare programs.

Going back to my original post which I ignorantly blurted out, I would like to retract it. I ask this question though "What can really be done, and how much of that can we really do?" We cannot fly a jumbo jet from the toilet seat in the back of the plane.

Props to you for reconsidering your stance, not everyone is willing to do that. There are definitely things we can do to reduce spending but none of them are things everyone in the nation will agree on. They are hard decisions but ones we have to make:

- Increase the Medicare and Social Security eligibility ages.

- Privatize social security so that we can earn a better return on our investments.

- Cut Medicare and/or social security benefits.

- Trim defense spending.

- Cut welfare benefits.

- Trim the prison system via much shorter sentences allowing for prison closures and layoffs.

- Ensure one-time spending tied to Obama's economic recovery act does not repeat itself.

And lots others but those are the biggies.

[firstdown]

Originally Posted by Schneed10

Props to you for reconsidering your stance, not everyone is willing to do that. There are definitely things we can do to reduce spending but none of them are things everyone in the nation will agree on. They are hard decisions but ones we have to make:

- Increase the Medicare and Social Security eligibility ages.

- Privatize social security so that we can earn a better return on our investments.

- Cut Medicare and/or social security benefits.

- Trim defense spending.

- Cut welfare benefits.

- Trim the prison system via much shorter sentences allowing for prison closures and layoffs.

- Ensure one-time spending tied to Obama's economic recovery act does not repeat itself.

And lots others but those are the biggies.

Heck I bet if we just cut back on all the waistful projects we could save a ton of money. Let the states bitch all they want but the federal goverment has to down size and stop taking all of our tax money and passing it around to who ever yells the loudest.

[jsarno]

Originally Posted by firstdown

Heck I bet if we just cut back on all the waistful projects we could save a ton of money. Let the states bitch all they want but the federal goverment has to down size and stop taking all of our tax money and passing it around to who ever yells the loudest.

How about start with the 350bil or so we WASTE on illegal immigrants???

I've said it before and I'll say it again...if the gov bailed out HOMEOWNERS instead of businesses, our country would have had an instant rebound! Don't think for one second there would not have been some other company willing to pick up where GM (for instance) left off. If you can't run your company to profit, you need to shut down, not be bailed out.

We have a TON of wasteful projects, not sure any of them are going to be cut back, or cut out.

[Sheriff Gonna Getcha]

Originally Posted by jsarno

I've said it before and I'll say it again...if the gov bailed out HOMEOWNERS instead of businesses, our country would have had an instant rebound! Don't think for one second there would not have been some other company willing to pick up where GM (for instance) left off. If you can't run your company to profit, you need to shut down, not be bailed out.

I pretty much agree when it comes to bailing out auto companies, but I disagree with respect to TARP. Had the government let all the banks fail, new ones would not have sprouted up in their place overnight. We were facing a massive, massive meltdown that even ardent free marketeers (e.g., Paulson) agreed necessitated the stimulus spending and investments.

[jsarno]

Originally Posted by Sheriff Gonna Getcha

I pretty much agree when it comes to bailing out auto companies, but I disagree with respect to TARP. Had the government let all the banks fail, new ones would not have sprouted up in their place overnight. We were facing a massive, massive meltdown that even ardent free marketeers (e.g., Paulson) agreed necessitated the stimulus spending and investments.

But not ALL banks needed bailouts...there would be several in line that would have benefited from those banks going under. If ALL the banks would fail, I would agree with you, but it wasn't ALL banks. There are still plenty of banks that have a quality way of doing business.

[Slingin Sammy 33]

The Trouble With Trillions - FOXNews.com

Not trying to restart the debate here, just found this funny. Wasn't the title of the article a Star Trek episode....LOL (yes it's late in the day and I know it was Tribbles).

[FRPLG]

Originally Posted by Angry

OK I have done some research. I must say that I was not fully aware of the sitaution. I am not saying that I am an expert either. You guys have a valid point. Calling me a retard and intellectually lazy may not have been the preferred route, but it got my attention.

Anyway, as serious as the deficit is, it is almost foolish to think that anything can be done about it without serious cuts in Defense Spending and SS/Healthcare programs.

Going back to my original post which I ignorantly blurted out, I would like to retract it. I ask this question though "What can really be done, and how much of that can we really do?" We cannot fly a jumbo jet from the toilet seat in the back of the plane.

I think this is the biggest issue most thought out people have with the new "public option"/health care reform. Outside of defense spending the other two main drags on spending are SS and Medicare. Two great social systems we "just had to have". We're saddled with these piece of crap gov't run systems, which are both on the constant verge of utter failure, that cost more and more money each year. Neither works great for what it is intended to do. Neither is very efficient at all. And now we "just have to have" health care reform with a gov't run system that is going to cost as much or more in the long run as these two shit box systems?!?! Why is this hard for people to understand? The gov't not only can't do this it won't even get close to succeeding. And it is only going to cost boat loads of money. Money we don't have. Plus the proposals don't do anything to really address the "problems" with our health care system. Mainly that it costs a lot to get good medical care.

[Hog1]

Originally Posted by angry

ok i have done some research. I must say that i was not fully aware of the sitaution. I am not saying that i am an expert either. You guys have a valid point. Calling me a retard and intellectually lazy may not have been the preferred route, but it got my attention.

Anyway, as serious as the deficit is, it is almost foolish to think that anything can be done about it without serious cuts in defense spending and ss/healthcare programs.

Going back to my original post which i ignorantly blurted out, i would like to retract it. I ask this question though "what can really be done, and how much of that can we really do?" we cannot fly a jumbo jet from the toilet seat in the back of the plane.

nice work......httr