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soupsandwich
Joined: 20 May 2011
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ontheway
Joined: 24 Aug 2005
Location: Somewhere under the rainbow...
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 Posted: Fri Jun 10, 2011 12:57 pm Post subject: |
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Index Value: 11,951.91
Trade Time: 4:02PM EDT
Change: - 172.45 (1.42%)
The markets have been signalling a double dip for some time now. If it comes, Obama is finished. Even Palin would defeat Obama if the second dip comes before next summer.
To save the US, we must:
Slash total government taxes to a 10% national sales tax to be shared by all levels of government - capped by constitutional amendment. All other taxes repealed.
Government at all levels must be required to spend less than the cash received.
Repeal unfunded entitlements, unfunded liabilities and unfunded mandates.
Cap all government salaries at $100,000 per year. Cut all other government employees (amounts above $20k) by at least 20%.
Fire government workers, abolish programs and eliminate whole departments until the budget is balanced.
Bring the troops home and end the empire.
End the war on drugs. Repeal victimless crime laws and free the political prisoners convicted on only drug, prostitution, gambling and other victimless crime charges.
Government at all levels combined must be held to less than 10% of GDP.
No additional government borrowing allowed - ever.
Put the US dollar on a 100% gold standard.
Not likely. Sure.
It's not likely we can prevent the collapse of the dollar, the total collapse of the international monetary system and the fall of the US government either.
The program above is what it will take.
Or, we can wait till after the fall and do it then. |
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Kuros
Joined: 27 Apr 2004
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| Posted: Fri Jun 10, 2011 1:06 pm Post subject: |
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^
Much of that stuff is what you would do outside of an economic downturn (I heartily agree with ending the Afghanistan conflict). We simply can't slash taxes anymore without affecting gov't employment, which would in turn create more jobless, which would in turn hurt the recovery. |
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Louis VI
Joined: 05 Jul 2010
Location: In my Kingdom
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| Posted: Fri Jun 10, 2011 1:20 pm Post subject: |
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| ontheway wrote: |
| Bring the troops home and end the empire. |
Another terrorist act on U.S. soil would get Obama re-elected as Americans rally behind their president during a sense of emergency and his tough-on-terrorism image is something already sinking in with Osama's death. |
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ontheway
Joined: 24 Aug 2005
Location: Somewhere under the rainbow...
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| Posted: Fri Jun 10, 2011 1:38 pm Post subject: |
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| Kuros wrote: |
^
Much of that stuff is what you would do outside of an economic downturn (I heartily agree with ending the Afghanistan conflict). We simply can't slash taxes anymore without affecting gov't employment, which would in turn create more jobless, which would in turn hurt the recovery. |
There has been no recovery. The only thing growing is the government and the debt. It is killing the economy and preventing a recovery.
We must slash taxes, slash governent, cut governemnt workers's pay and slash the number of people who work for or collect benefits from the government.
It is far cheaper to employ people in the private sector than in the government. Every government job destroys two or more private sector jobs. We must allow the private sector to recover and employ the tens of millions of unemployed and underemployed. There will be a multiplier effect from slashing the size of government and slashing taxes that will allow a recovery. |
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soupsandwich
Joined: 20 May 2011
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| Posted: Fri Jun 10, 2011 2:01 pm Post subject: |
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| The markets have been signalling a double dip for some time now. If it comes, Obama is finished. Even Palin would defeat Obama if the second dip comes before next summer. |
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To save the US, we must:
Slash total government taxes to a 10% national sales tax to be shared by all levels of government - capped by constitutional amendment. All other taxes repealed. |
could work....
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Government at all levels must be required to spend less than the cash received.
Repeal unfunded entitlements, unfunded liabilities and unfunded mandates. |
AND...no entitlements for illegal immigrants.
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| Cap all government salaries at $100,000 per year. Cut all other government employees (amounts above $20k) by at least 20%. |
Agreed....
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| Fire government workers, abolish programs and eliminate whole departments until the budget is balanced. |
mmm..not sot sure on that one. The U.S. would be at a complete stand still.....when you say "government workers", does this apply to employees of the USPS? Can you give a few examples? I agree but I'm curious to know the extent.
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| Bring the troops home and end the empire. |
Sigh.......we all know that simply leaving will not solve anything. It will make matters worse and our country will not be better off (niether will those whom we abandon). The "empire" comment is way off base. What we need to do is stop fighting a war with one hand tied behind our back. Do you think that leaving will simply encourage the enemy to leave us alone? NO....
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| End the war on drugs. Repeal victimless crime laws and free the political prisoners convicted on only drug, prostitution, gambling and other victimless crime charges. |
Political prisones? I think you are a bit of base with that. However, I do agree the "drug war" is something that needs to be put into another perspective. People want..and have always wanted, to get high. Yes, decriminalize weed......tax it, regulate and make a profit. The police have other more important things to do. Prostitution should be mandated at the state level, along with gambling.
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| Government at all levels combined must be held to less than 10% of GDP. |
Fair enough. AND......thought should be put back into the true meaning of "Congressional Power"........Congress is not supposed to have this much power over the citizens.
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| No additional government borrowing allowed - ever. |
In theory, yes.
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| Put the US dollar on a 100% gold standard. |
Tricky....but doable.
Not likely. Sure.
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| It's not likely we can prevent the collapse of the dollar, the total collapse of the international monetary system and the fall of the US government either. |
We can....we just need the right people in office and the citizens of the US to actually get over their sense of apathy and start taking action.
The program above is what it will take.
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| Or, we can wait till after the fall and do it then. |
Perhaps a revolution? |
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soupsandwich
Joined: 20 May 2011
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| Posted: Fri Jun 10, 2011 2:19 pm Post subject: |
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In addition.......
1. Limit congressional terms.
2. Give incentives for business to STAY IN AMERICA
3. Give tax breaks to small business and certain bigger companies that meet certain requirements (guys......any business that is highly taxed only raises the prices on its product...simple).
4. Explore the possibility for mandatory military service, no more than 12 months (it provides insight on what it really takes to defend a country), or a non combatitive service.
"Those who expect to reap the blessings of freedom must, like men, undergo the fatigue of supporting it." ...Thomas Paine
5. Pull military forces OUT of Saudi Arabia...that will motivate them to lower oil prices.
6. Pull military forces out of Korea....let them handle it.
7. Deploy the National Guard along the US/Mexico border.
8. Do not allow Congress or the Senate to be controlled by a majority...even across the board.
9. Make sure Congress is not allowed to go beyond their limits of power.
10. States rights...states rights...states rights.....
11. Elmintate the Capital Gains tax
12. Eliminate the entire concept of Government Sponsored Enterprises
13. If necessary........revolution.
...that's a start.
soupsandwich |
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Kuros
Joined: 27 Apr 2004
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| Posted: Fri Jun 10, 2011 2:57 pm Post subject: |
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| ontheway wrote: |
| It is far cheaper to employ people in the private sector than in the government. Every government job destroys two or more private sector jobs. |
I know you have a reputable source for that claim. |
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The Great Wall of Whiner
Joined: 24 Jan 2003
Location: Middle Land
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| Posted: Fri Jun 10, 2011 4:58 pm Post subject: Re: Dont fight it...it's gonna happen. |
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Bill O Riley, are you kidding?
I follow news, not emotional opinions.
Next, please. |
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Ave, L�cifer
Joined: 22 Feb 2010
Location: Busan
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| Posted: Fri Jun 10, 2011 5:30 pm Post subject: |
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| you wouldn't think too many of these mystical US bible belt, fox news watching, right-wing crazies would get a passport and make it all the way to korea but here's this thread so i dunno! |
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sirius black
Joined: 04 Jun 2010
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| Posted: Fri Jun 10, 2011 5:39 pm Post subject: Re: Dont fight it...it's gonna happen. |
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| soupsandwich wrote: |
http://www.foxnews.com/on-air/oreilly/transcript/bill-oreilly-obama-must-stop-nonsense-economy
Obama is a one term president.....thank god.
soupsandwich |
Who is the alternative. Pray tell. |
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sirius black
Joined: 04 Jun 2010
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| Posted: Fri Jun 10, 2011 6:00 pm Post subject: |
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| ontheway wrote: |
To save the US, we must:
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I'm all for cuts in spending. The right kind. Not as far as you'd go but I understand the sentiment. I think a ton of money can be saved in cuts in the Dept of Defense without hurting our security. I posted a link some time ago which stated about 2 trillion dollars has been unaccounted for. Vanished. Never to be seen again and no one (at least the rest of us not in the DoD or the military/industrial complex that benefited) knows what happened to it. Others as well but that's a start.
I actually think spending, done properly, can kick start the economy and create jobs.
I posted this elsewhere on this site as well and I accept there may be holes in it. But I think its very doable obviously or I wouldn't be posting it.
I think we could pretty much ween ourselves off oil (making the Gore devotees happy) and create jobs at the same time.
I think the G8 should get togethr and agree on converting all their vehicles to either hybrid or fuel cell or some similar type.
If the G8 do it the rest of the world MUST go along. They have no choice. With regards to the U.S. The federal government, along with the states in agreement, agree to convert ALL government vehicles to hybrid (just to choose one, could be fuel cell, etc.) by a certain date. ALL new purchases would be hybrids. This amounts to hundreds of thousands of vehicles and it would kick start 'Detroit' and bring jobs to the rust belt. All the vehicles would have to be made 100% in America. These include postal trucks, army jeeps, as well as local, state and federal cars. ALL politicians would have to drive them as well.
I would suggest giving a tax incentive for the rest of America to convert as well. Not force, provide a carrot not hit us with a stick. I would suggest being able to write off 100% of the cost of a hybrid car over 7 years. 1/7 each year. (could be 5 years if feasible). I would cap the cost of the car to $30k to stop the car companies from making $60k hybrids and avoid profiteering.
LA's busses run on natural gas. Its the largest fleet of busses in America if not the world. Convert ALL city busses in all cities in a similar manner. Cuts emissions drastically. Or convert to hybrids, anything BUT the oil engine.
There are a myriad of jobs that would be created because of this. The added benefit to foreign affairs is that if all the G8 nations do this it diminishes the power of OPEC and leaves the Middle East oil producing nations with nothing and we have no reason to be in the region. Lets face it. We're there because of the oil.
I would also suggest massive spending on the infrastructure. The country has hundreds if not thousands of bridges, dams, roads, highways that needs to be either fixed or built. Millions of jobs there as well. This won't happen because of NIMBY (Not In My Backyard) but hi speed rail similar to KTX and the bullet trains in Japan. Huge projects. San Diego to San Francisco; Boston to Washington. Across Texas. Other areas as well.
This is just a start but I suggest millions of jobs and many new industries would come to fruition as a result. |
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jodemas2
Joined: 06 Dec 2006
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| Posted: Fri Jun 10, 2011 11:18 pm Post subject: |
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| sirius black wrote: |
| I'm all for cuts in spending. The right kind. Not as far as you'd go but I understand the sentiment. I think a ton of money can be saved in cuts in the Dept of Defense without hurting our security. I posted a link some time ago which stated about 2 trillion dollars has been unaccounted for. Vanished. Never to be seen again and no one (at least the rest of us not in the DoD or the military/industrial complex that benefited) knows what happened to it. |
Donald Rumsfeld announced $2.3 trillion missing from the DoD at a press conference very conveniently on Sept. 10, 2001. Watch it for yourself. |
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visitorq
Joined: 11 Jan 2008
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| Posted: Sat Jun 11, 2011 2:32 am Post subject: |
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| Louis VI wrote: |
| ontheway wrote: |
| Bring the troops home and end the empire. |
Another terrorist act on U.S. soil would get Obama re-elected as Americans rally behind their president during a sense of emergency and his tough-on-terrorism image is something already sinking in with Osama's death. |
Another major false-flag attack like 9/11 would work even better. I bet one is coming fairly soon (just a gut feeling)... |
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soupsandwich
Joined: 20 May 2011
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| Posted: Sat Jun 11, 2011 9:24 am Post subject: |
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| I would cap the cost of the car to $30k to stop the car companies from making $60k hybrids and avoid profiteering |
Penalized for making a profit?
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