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Debt: Spending or Revenue Problem?

inlet13inlet13 Posts: 1,979
edited April 2012 in A Moving Train
http://www.youtube.com/watch?v=pES9C7fX_Co&feature=player_embedded
Here's a new demo called "in the fire":

<object height="81" width="100%"> <param name="movie" value="https://player.soundcloud.com/player.swf?url=http://api.soundcloud.com/tracks/28998869&quot;&gt;&lt;/param&gt; <param name="allowscriptaccess" value="always"></param> <embed allowscriptaccess="always" height="81" src="https://player.soundcloud.com/player.swf?url=http://api.soundcloud.com/tracks/28998869&quot; type="application/x-shockwave-flash" width="100%"></embed> </object> <span><a href=" - In the Fire (demo)</a> by <a href="
Post edited by Unknown User on

Comments

  • mikepegg44mikepegg44 Posts: 3,353
    inlet13 wrote:
    http://www.youtube.com/watch?v=pES9C7fX_Co&feature=player_embedded

    thanks for this.

    why people don't realize there will always be revenue + 1 spent is beyond me...I mean the biggest proponent of small government we have had in the oval office the last 30+ years seemed to advocate for it...

    why would anyone ever assume that more revenue will be the answer to what ails us?
    that’s right! Can’t we all just get together and focus on our real enemies: monogamous gays and stem cells… - Ned Flanders
    It is terrifying when you are too stupid to know who is dumb
    - Joe Rogan
  • hrd2imgnhrd2imgn Southwest Burbs of Chicago Posts: 4,899
    Stop spending, stop giving people something for nothing, stop the cronisim, stop the naked corruption, stop rewarding dead beats, law breakers and cheaters, stop spending, stop waging wars, stop aiding the enemy, stop encouraging revolutions, stop the green scam, stop spending, stop taxing, stpop spending
  • Prince Of DorknessPrince Of Dorkness Posts: 3,763
    Stop giving tax cuts to the people who need it the least, stop lying about how rich people are "job creators," stop taking everything from the people who need it most.
    I can't drive without Pearl Jam
  • markin ballmarkin ball Posts: 1,075
    So why do they spend more and more? What's the cause of the cause?
    "First they ignore you, then they ridicule you, then they fight you, then you win ."

    "With our thoughts we make the world"
  • gimmesometruth27gimmesometruth27 St. Fuckin Louis Posts: 23,303
    Prince Of Dorkness wrote:
    Stop giving tax cuts to the people who need it the least, stop lying about how rich people are "job creators," stop taking everything from the people who need it most.
    :clap:

    nobody talks about how taxes were raised on the rich over 10 times under reagan...

    reagan could not run as a republican in 2012....he could not win...norquist and his ilk would see to that...

    these last 7 years the "job creators" have enjoyed the greatest tax incentives to create jobs in american history...but where are the jobs???

    these days it seems the focus is on keepeing women from having an abortion and keeping obama from keeping a single campaign promise....does anyone remember when it was anti american to oppose the president??? i do...funny how things change when your guy is in or out of the white house....

    conservatives, why is opposition to the president considered cool now? we are still at war, and we still have the same concens about terrorism...i am awaiting your answers....
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • gimmesometruth27gimmesometruth27 St. Fuckin Louis Posts: 23,303
    :corn:
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • ShawshankShawshank Posts: 1,018
    Start by making corps like Apple and GE and others like them pay tax...not more tax...just ANY tax. Then cut back spending on defense and social entitlements. I know it makes too much sense so it will never be done.
  • DriftingByTheStormDriftingByTheStorm Posts: 8,684
    I think the REAL problem is the Keynesian system itself.

    DEBT IS PART-AND-PARCEL WITH THE SYSTEM.

    Look at it like this:
    money can come from ONLY ONE PLACE ...

    DEBT.

    INCREASING THE MONEY SUPPLY IS VITALLY IMPORTANT TO MODERN ECONOMIES.

    If "new" money (literally freshly created money) does not CONSTANTLY enter the system, economies would not appear to be "vibrant" to the average person. Credit would not be easily available, money would be "tight", and employment could become problematic.

    The solution to this problem is simply for governments to CONSTANTLY issue a theoretically "steady" amount of new currency in to the system.

    The problem with this solution is the way it is done is by offering DEBT to the issuing agency (the central bank) in exchange for that currency.

    Furthermore, that debt CAN NEVER BE REPAID WITHOUT THE ECONOMY SUFFERING THE SEVERE CONSEQUENCES OF CURRENCY-CONTRACTION ... IE DEFLATION ... IE A SLOWING OR RECEDING ECONOMY.

    This is the reason why "spending cuts" and "raising revenues" are nothing more than political rhetoric, and will NEVER serve as a solution to ANY of our problems.

    This is the reason debts are NEVER "paid off" or "reduced" ... and the reason the system is currently eating itself at a more and more rapid rate.

    :(
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
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