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MysteryHunter00 (November 30, 1999 at 12:00 am)
cont: Not accepting responsibility' for their actions. Our debt has the flavor of a Third World economics. I find this alarming! People had better wake up.
MysteryHunter00 (November 30, 1999 at 12:00 am)
[... with the bathwater?] This is an old adage. What this essentially means is don't be in such a hurry to discard the bad that you throw out the good.I agree eklypse, the US citizens know little about savings. Savings should be taught at a very young age, which it is not.People do not think when they use their credit cards, it is called "instant gratification". At a period not so long ago, when credit card abusers tapped out, they file bankruptsy.
eklypse0 (November 30, 1999 at 12:00 am)
[... with the bathwater?]I think we need to start phasing out the socialist programs and training our kids to save for items rather then max out their easy to get credit cards.How much would the economy surge upwards if there were 30% real money per individual to either save, spend or just get out of debt.Then a Congressman brought out a report that the United states will soon be in $45 trillion in debt if we continue this. That means over $150,000 owed per EVERY person. (babies included)
eklypse0 (November 30, 1999 at 12:00 am)
I raised my voice to my Congressman and my Senators before this 'bailout'. From a poll right on the government website, 72% of the PEOPLE were against the bailout. Only 12% were for the bailout.The first vote went against the first bailout. But the second bailout ignored the will of the PEOPLE. Apparently, neither the body of congress nor the body of the Senate are doing the will of those who voted them in.So, we may need a little more then words to affect change.
MysteryHunter00 (November 30, 1999 at 12:00 am)
continued: I am far from being rich, so I really feel the pinch that taxes take from my income, especially being retired. If it wasn't for the fact that this nation benefited from that "socialist route" for many years, I might agree with you. Hope you voted, because the representatives we elect to "run" the big machine will be the proof in the pudding, sort to speak. Hopefully they will be able to work together to bring this nation back to what it was not so long ago. Not a easy task.
MysteryHunter00 (November 30, 1999 at 12:00 am)
You know eklypse, this is an imperfect world, with imperfect people running it. I agree, that there are programs not worth funding, but again, do we throw the baby out with the bathwater? We live in a nation that has more to offer than any other place in the world. We are in dire straights now, along with the rest of the world. Again, I agree that this country needs restructuring in the method of collecting taxes.
eklypse0 (November 30, 1999 at 12:00 am)
[Taxes are what run many of the 1000s of programs... ]That is the socialist route of indoctrination you have grown accustomed to. A huge percent Those 1000s of programs are all unconstitutional and the government has no business in performing them. Not only that but the government performs them poorly and ineptly. Then there is the point that government tells people what to do in areas that, again, they have no business in.
choidj (November 30, 1999 at 12:00 am)
Wow how he gets off subject so quickly...
eklypse0 (November 30, 1999 at 12:00 am)
Here is how the federal income taxes work..Congress determines the budget.Congress requests the money from the Federal Reserve, in the form of a loan, for that money.The Federal Reserve waves it's wand and invents that money out of thin air. Like any creditor, it loves the fact that the debtor will never be able to pay the full amount back.The average, half asleep American works their time and voluntarily gives up about a 3rd of that time, as money to pay on the interest of that loan.
MysteryHunter00 (November 30, 1999 at 12:00 am)
As to your Second comment, I realize we do not have to pay taxes on our earned salary. With that said, I still believe we need to pay taxes. Taxes are what run many of the 1000s of programs all of us need in one form or another. Looking for a solution to this is the number one problem that needs to be tackled. |
