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US Credit Rating Downgraded To AA+

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Old 08-16-2011, 03:41 PM   #1
12thMan
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Re: US Credit Rating Downgraded To AA+

Mlmpetert, I think you're completely missing the point in Mr. Buffet's comments. He's already a responsible tax paying citizen who also happens to be a role model of philanthropy. Him giving a bigger check to a government that won't fix what's already within it's power won't add to Buffet's stature in my opinion. But him sending a good portion of his wealth to those who are powerless and in need, on the other hand, says a lot about the type of individual he is and that's a worthy example to follow. It's perfectly reasonable for him to voice his opinion about a dysfunctional government and the lack of fairness in our tax code, which you've also pointed out.

I saw a statistic today that if Warren Buffet donated all of his money to the government tomorrow, it would only dent the deficit by approximately 3%. So we accomplish two things: Warren Buffet is now broke and we still haven't solved our problem. But the underlying premise of your Buffet should lead by example means that only those follow-up with action can critique our government? I think Buffet's comments are more symbolic than anything. If he's saying this then I'm sure there are many more in his income tax bracket that share his sentiment.
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Old 08-16-2011, 05:29 PM   #2
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Re: US Credit Rating Downgraded To AA+

Yeah he was being sarcastic. However in my own attempt, lets get more people on food stamps asap. Every dollar of food stamps = $1.84 of economic activity! Food stamps will save the US. FACT!

Obama Ag Secretary: More People On Food Stamps Means More Jobs - YouTube
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Old 08-23-2011, 09:01 AM   #3
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Re: US Credit Rating Downgraded To AA+

^ Great news for our economy:

USA becomes Food Stamp Nation but is it sustainable? - Yahoo! News
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Old 09-22-2011, 07:45 PM   #4
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Re: US Credit Rating Downgraded To AA+

Quote:
Originally Posted by mlmpetert View Post
Yeah he was being sarcastic. However in my own attempt, lets get more people on food stamps asap. Every dollar of food stamps = $1.84 of economic activity! Food stamps will save the US. FACT!

Obama Ag Secretary: More People On Food Stamps Means More Jobs - YouTube
Quote:
^ Great news for our economy:

USA becomes Food Stamp Nation but is it sustainable? - Yahoo! News
Quote:
^ Bad news for our economy:

Federal Government Tries To Stop Food Stamp 'Water Dumping' Fraud | FoxNews.com
Quote:
^ Good news for our economy.... i think:

Restaurants want a piece of food stamp pie – USATODAY.com
Time to sync up the ipod to my itunes account again:

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Old 08-25-2011, 10:35 AM   #5
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Re: US Credit Rating Downgraded To AA+

^ Bad news for our economy:

Federal Government Tries To Stop Food Stamp 'Water Dumping' Fraud | FoxNews.com
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Old 09-08-2011, 05:05 PM   #6
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Re: US Credit Rating Downgraded To AA+

^ Good news for our economy.... i think:

Restaurants want a piece of food stamp pie – USATODAY.com
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Old 09-14-2011, 09:06 AM   #7
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Re: US Credit Rating Downgraded To AA+

Well we aren't the only ones...
BreakingNews Breaking News
Moody's downgrades 2 of France's biggest banks - NYT nyti.ms/qvpR1B
2 hours ago
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Old 09-28-2011, 09:42 AM   #8
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Re: US Credit Rating Downgraded To AA+

Apparently food stamps are making our women fat:

The Link Between Food Stamps and Obesity - Room for Debate - NYTimes.com

I knew you couldn’t buy alcohol and tobacco with wic but i had no idea you could use food stamps to buy soda, chips, oreos and all sorts of other crap.

My thoughts are if we give people free food that makes them fat then we should be obligated as a nation to give them free healthcare to treat their obesity. Honestly it would be completely irresponsible to do otherwise.
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Old 09-28-2011, 10:15 AM   #9
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Re: US Credit Rating Downgraded To AA+

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Originally Posted by mlmpetert View Post
Apparently food stamps are making our women fat:

The Link Between Food Stamps and Obesity - Room for Debate - NYTimes.com

I knew you couldn’t buy alcohol and tobacco with wic but i had no idea you could use food stamps to buy soda, chips, oreos and all sorts of other crap.

My thoughts are if we give people free food that makes them fat then we should be obligated as a nation to give them free healthcare to treat their obesity. Honestly it would be completely irresponsible to do otherwise.
Or we could give them neither...
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Old 09-28-2011, 12:41 PM   #10
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Re: US Credit Rating Downgraded To AA+

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Or we could give them neither...

What???!!!!??!?!
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Old 09-28-2011, 03:11 PM   #11
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Re: US Credit Rating Downgraded To AA+

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What???!!!!??!?!
Haha I guess I should clarify. I'm not talking about doing away with all free healthcare and food assistance. What I was referring to was not allowing food stamp, or SNAP purchases to include crap food. What if you couldn't buy a bag of doritos and a 2 liter Mountain Dew with your food stamps, but you're more than welcome to buy a bag of nuts and an orange juice? I know it would be hard to regulate as far as which products are eligible for SNAP and which aren't, but it could have a positive ripple effect. I also do not think any fast food restaurants should accept SNAP for health reasons. I've been in the grocery store several times in recent memory where the person in front of me is paying with food stamps, and has a grocery cart full of total crap.

Diabetes and obesity are the biggest health issues facing Americans today. Certainly a good diet is the best way to combat this problem. Also, the less low-income obese people there are, the less of a strain on the nation's healthcare system to treat the health issues they will inevitably face.

You say it would be irresponsible to fund junk-food diets and not give out free health care when taxpayer funded eating binge causes health problems. I say don't fund junk-food diets in the first place.
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Old 09-28-2011, 04:06 PM   #12
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Re: US Credit Rating Downgraded To AA+

Quote:
Originally Posted by GMScud View Post
Haha I guess I should clarify. I'm not talking about doing away with all free healthcare and food assistance. What I was referring to was not allowing food stamp, or SNAP purchases to include crap food. What if you couldn't buy a bag of doritos and a 2 liter Mountain Dew with your food stamps, but you're more than welcome to buy a bag of nuts and an orange juice? I know it would be hard to regulate as far as which products are eligible for SNAP and which aren't, but it could have a positive ripple effect. I also do not think any fast food restaurants should accept SNAP for health reasons. I've been in the grocery store several times in recent memory where the person in front of me is paying with food stamps, and has a grocery cart full of total crap.

Diabetes and obesity are the biggest health issues facing Americans today. Certainly a good diet is the best way to combat this problem. Also, the less low-income obese people there are, the less of a strain on the nation's healthcare system to treat the health issues they will inevitably face.

You say it would be irresponsible to fund junk-food diets and not give out free health care when taxpayer funded eating binge causes health problems. I say don't fund junk-food diets in the first place.
If I'm correct the only restrictions on the food one can purchase with food stamps are food prepared for eating. Like fried chicken from the deli, or a cake from the bakery but if they want a lobster for dinner go right on and buy that lobster with tax payers money.
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Old 09-28-2011, 03:14 PM   #13
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Re: US Credit Rating Downgraded To AA+

Trouble is crap food is generally cheaper.
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Old 09-28-2011, 03:41 PM   #14
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Re: US Credit Rating Downgraded To AA+

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Trouble is crap food is generally cheaper.
Yes and no. If you don't buy the name brands, there are plenty of grocery store brand healthy alternatives that aren't expensive at all. My wife and I buy Giant brand products all the time. We're not low income, but every penny counts. A box of Giant brand oatmeal is just as cheap as a box of pop tarts, and much better for you.
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Old 09-29-2011, 09:53 AM   #15
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Re: US Credit Rating Downgraded To AA+

If that pissed you off work in a grocery store as a bagger as that was my first job. They would buy a cart full of foo on food stamps then I'd load them into their new car. I also saw the very poor using the stamps because they needed them to feed their family. I'd say it was about 60% of the people abusing the system and about 40% that needed the help. I will add that they did seem to buy a ton of crap with ffod stamps. They would also send in their 5 kids to all buy some 10 cent candy so they could keep the change. That was back when they had those books with the cupons.
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