It Wouldn't be a Friday if Their Wasn't a Krieg Rant...
Krieg
Posts: 5,188 ✭✭✭
ok, here's my little rant for this week...
Recovery Summer is really making a dent in our economy, don't ya think? Yesterday the DOW closed below 10,000. We are slipping backwards .. we are not "going forwards" or headed in the right direction, as Joe Biden claims. Today we are expecting to get new GDP figures. Predictions are that they won't be pretty. Couple this with the fact that one out of every 10 Americans with a mortgage is facing foreclosure. For the sake of those of you who are really struggling right now, I hope that this downward slide ends quickly. Unfortunately I have little hope of that happening until at least November.
We have two things happening. First we'll be getting some economic numbers today that are going to show that our country is very close to slipping into another recession. Look for growth figures around 1% ... perhaps less. Then we're going to get a speech from Fed Chairman Ben Bernanke will be making a speech on the economy today ... unlike that fool Joe Biden Bernanke will not be telling everyone that this is a "recovery summer" and that we should all rejoice in a growing economy. Bernanke will tell us that we're in trouble .. and may set out some things that need to be done to move us to economic health.
Unless you're one of America's all-too-many parasites that depend on your ability to use the government as an instrument of plunder .. this president has been a complete, total and absolute disaster for America's economy. Not only does our illustrious president have absolutely no private sector experience whatsoever ... he has a cabinet with the lowest level of private experience over the past 100 years.
This isn't just a midterm election coming up on November 2nd. It's a chance to correct a terrible mistake. You've heard the "fool me once" mantra I'm sure. OK .. we're past the "shame on you" bit. We've now moved on to "shame on me" part if you don't resolve - RIGHT NOW - to vote these dangerous fools out of power. Enough of this Hope and Change nonsense. It didn't work ... at least it didn't work unless you were hoping for a continuing recession, massive debt for your children to pay off, and suffocating unemployment.
This is a disaster, my friends. There's not much time left to save our Republic.
Recovery Summer is really making a dent in our economy, don't ya think? Yesterday the DOW closed below 10,000. We are slipping backwards .. we are not "going forwards" or headed in the right direction, as Joe Biden claims. Today we are expecting to get new GDP figures. Predictions are that they won't be pretty. Couple this with the fact that one out of every 10 Americans with a mortgage is facing foreclosure. For the sake of those of you who are really struggling right now, I hope that this downward slide ends quickly. Unfortunately I have little hope of that happening until at least November.
We have two things happening. First we'll be getting some economic numbers today that are going to show that our country is very close to slipping into another recession. Look for growth figures around 1% ... perhaps less. Then we're going to get a speech from Fed Chairman Ben Bernanke will be making a speech on the economy today ... unlike that fool Joe Biden Bernanke will not be telling everyone that this is a "recovery summer" and that we should all rejoice in a growing economy. Bernanke will tell us that we're in trouble .. and may set out some things that need to be done to move us to economic health.
Unless you're one of America's all-too-many parasites that depend on your ability to use the government as an instrument of plunder .. this president has been a complete, total and absolute disaster for America's economy. Not only does our illustrious president have absolutely no private sector experience whatsoever ... he has a cabinet with the lowest level of private experience over the past 100 years.
This isn't just a midterm election coming up on November 2nd. It's a chance to correct a terrible mistake. You've heard the "fool me once" mantra I'm sure. OK .. we're past the "shame on you" bit. We've now moved on to "shame on me" part if you don't resolve - RIGHT NOW - to vote these dangerous fools out of power. Enough of this Hope and Change nonsense. It didn't work ... at least it didn't work unless you were hoping for a continuing recession, massive debt for your children to pay off, and suffocating unemployment.
This is a disaster, my friends. There's not much time left to save our Republic.
"Long ashes my friends."
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Comments
1) We cannot slip back into a recession due to the fact we never slipped out of one in the first place.
2) The turnaround won't happen until January, when the newly elected take office. (kinda like January 2006 when the "new congress in town" began wrecking the economy)
Also, I gotta bring up the Michelle Obama Vacation drama, because contrary to what some say, it IS relevant...... The summer months are when most local economies depend on increased revenue from tourism. What does it say about a President, who's wife goes on vacation (with 40-50 of her closest personal friends and relatives at the cost of millions) to SPAIN?!?!?!? How bout a nice trip to the Gulf where they could use a little bone thrown their way!?!?!?!?
Mrs. President, you'll have plenty of time to travel all over Europe after your husbands first (and only) term is over.
Common sense is definitely lacking in this administration.
I saw a poll recently (maybe Rasmussen, I think) that asked people if they thought Gov't was the problem or the solution. Turns out those who support Obama see Gov't as the solution while those who disapprove of Obama see Gov't as the problem. In the end, it all really boils down to how much a person thinks Gov't can solve problems with other peoples' money
1) Jobs are going overseas because it's cheaper over there, and too damn expensive over here. All Congress ever does is pile on more regulations and more taxes, which requires more time and money to comply with all those regulations (Yes Virginia, regulations suck not just because they constrict freedom, but because they cost money to comply with). The CEO of Intel recently came out, saying that the US has the second highest tax rate in the industrialized world - THAT'S why business is moving overseas, because Congress can't keep their grubby little hands off other peoples' money
2) Small business is drying up because Congress can't stop taxing and spending other peoples' money - WalMart is a capitalist company, and they got where they are by cutting costs and passing those cost savings along to consumers. They didn't cheat or steal from anyone - they undercut their competition, thereby giving you and me, the consumers, better bang for the buck. Every small business owner in the world would give their left nut to be as big as WalMart.
And BTW - those "big businesses" you hate so much are some of Obama's biggest donors - Goldman Sachs, GE, GM, SEIU/AFL-CIO (don't kid yourself - unions are 'big business' as much as any corporation) were ALL huge donors to his campaign, whereas small business typically donates to Republicans - don't you think that's a little odd? The big business you hate so much is a donor to the Dems and liberals that you love, but the small business you love so much donates to the Repubs you hate.
/end rant
+1,000,000
Secondly, what do you propose be done about Wal Mart? Would you like the government to set minimum prices they can sell items at? How have corporations like Wal Mart, by providing a service at a reduced price and greater convenience, hurt the economy as a whole? They have succeeded in the capitalist dream and have created 1.5 million jobs and have approx 3,500 facilities in the United States. Would you propose we eliminate half of those 1.5 million jobs just to make things fair for the mom and pop stores? And god knows Wal Mart is sooo greedy! They have only contributed:
- More than $61 million in community grants.
- More than $300 million in 18 years for Childrens Miracle Network.
- More than $170 million in 18 years to United Way chapters.
- $91 million in scholarships since 1979.
- $5 million in Volunteerism Always Pays grants.
- $20 million raised and contributed during the 2001 holidays.
- Nearly $16 million given in response to the events of September 11.
-helped raise and contribute $170 million to local charitable organizations in 2004 alone.
on the tax topic:
as of midnight Dec. 31, the death tax returns at a rate of 55% on estates of $1 million or more.
55% !! just for dying!
The lowest bracket for the personal income tax, for instance, moves up 50% to 15% from 10%. The next lowest bracket 25% will rise to 28%, and the old 28% bracket will be 31%. At the higher end, the 33% bracket is pushed to 36% and the 35% bracket becomes 39.6%.
The marriage penalty also makes a comeback, and the capital gains tax will jump 33% to 20% from 15%. The tax on dividends will go all the way from 15% to 39.6% a 164% increase.
Both the cap-gains and dividend taxes will go up further in 2013 as the health care reform adds a 3.8% Medicare levy for individuals making more than $200,000 a year and joint filers making more than $250,000. Other tax hikes include: halving the child tax credit to $500 from $1,000 and fixing the standard deduction for couples at the same level as it is for single filers.
Letting the Bush cuts expire will cost taxpayers $115 billion next year alone, according to the Congressional Budget Office, and $2.6 trillion through 2020.
of course the real problem isnt that we are not being taxed enough, its that the government is SPENDING TOO MUCH.
much like Greece, Spain, Portugal, and all of the other countries failing right now.
not that we couldnt predict this... back in 07 there was THIS article.
At the height of Roman power under Caesar Augustus and many years later into the Roman Empire, the average Roman citizen paid in one year only two days wages in taxes. Pretty amazing.
Vulchor: what I love about your rants about "Tea Baggers" is the complete misunderstanding of the movement. The core of the Tea Party is people like me that have one main idea - to make our Federal government smaller, less intrusive into business, and less intrusive into our personal lives. And, give these idiots in charge or our government less of our money. Because it is our money, and not theirs, and we know how to spend it more efficiently than they do. That's a movement everyone can get behind.
though a degree IS important, it is not the ONLY thing. too many career politicians have ZERO real world experience to draw from. thats a huge problem in my book.
some of the the above arguments are made from extremes.(though i do understand the point) nobody is asking for a man with 6th grade education to run office, but many are asking for people that have run a business, met a budget, and had to deal with the hard decisions made every day by many business people.
i tend to agree with the basic ideas that the tea party had in the beginning. (small less intrusive government that spends less and taxes less) but my problem with the tea party is it was hijacked by people seeking political gain from it. iduno... i agree with many of the people in the tea party movement, but not many people that falsely claim to be a part of it while not living up to the ideals that the the party was conceived on.
i dont think it is going to be a hard right swing, but it will bring congress a bit back to the center and away from the far left it is in now... maybe a split. republicans could take either the house or the senate. with any luck this will slow things down.
i aslo find it interesting that you are quick to run from a thread when "it becomes personal between BOTLs" (as you put it before) but in the quote above (unless i totally misread it) you just called another "short sighted" and "closed minded" and then told him "continue burying head in sand" for expressing a not too far fetched idea that has been also expressed by many in the media:
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i understand that not every story i just linked to is saying massive sweeping control for the republicans. i am just pointing out that it is not a far fetched idea that there is a real chance that the republicans will come in and turn over the senate.
are you baffled that people think there is a chance the republicans could take the senate back? or you dont understand why they would want them to?
Vulchor, my "shocker" comment about a Liberal professor was a sarcastic way of saying that the majority of college professors are liberal. Same goes with journalists. Common knowledge, though I am sure there are plenty of polls to back up this claim. Not to mention my own vast personal experience of being in college for the last 11 years on and off - I have literally never had a professor that was conservative. Ever. My snarky comment had nothing to do with education level - I've never seen anything showing a difference in average education level between liberals and conservatives.
Also, the "Mission Accomplished" knock you always use is really over-played. Are you aware that W never stated that? It was a banner someone placed behind him during a speech in which W explained that the first part of the Iraq war was over (true ground combat between two militaries) and that there was a long, long road ahead. He was right on both counts. He never stated the war was over, and as I recall, the banner was not authorized by the White House - it was, as I recall, at either a Naval establishment or on a Navy ship.
edited to add: yep, it was a Navy Aircraft Carrier. Debate exists as to who authorized the banner, and the meaning of the banner could definitely apply to the mission the Aircraft carrier itself that they did, in fact, accomplish. The banner was used for political gain by the Left, and you are continuing that statement (I can only assume) without the knowledge of the actual truth. Much like the Palin line of "I can see Russia from my house" that is constantly repeated (heh, even though it was a line from an SNL skit) politics is a nasty business and will repeat half-truths or lies over and over until popular culture believes them to be true.