Federal Govt spending explained - video

[..]

Excellent Video on the Tax-the-Rich Mentality.flv	powered by Aeva

[The Anvil]

The video misses the entire point (big surprise there!) of the movement to make the haves pay their fair share. Nobody is saying that this will alleviate the debt problem, it's a matter of principal. Everyone who benefits from America's freedoms should shoulder a fair share of the burden.

Don't make me bust out all of the Youtube videos of Ronald Reagan (aka; conservative Jesus) advocating the taxation of the wealthy.

[..]

The video misses the entire point (big surprise there!) of the movement to make the haves pay their fair share. Nobody is saying that this will alleviate the debt problem, it's a matter of principal. Everyone who benefits from America's freedoms should shoulder a fair share of the burden.

Don't make me bust out all of the Youtube videos of Ronald Reagan (aka; conservative Jesus) advocating the taxation of the wealthy.

Ronald is dead and buried.

The past has gone. The future awaits us.

How much is a fair share???

Why can't those who take work their fair share?

There's plenty of work that needs to be done where those who take live.

[The Anvil]

Ronald is dead and buried.

Don't tell Sarah Palin that! 

But really? Then why do conservatives keep chanting his name?

You can't have it both ways B-Man. You can't pine for the past and in the same breath say "the future awaits!" as if you're Walt Disney. You either want a return to the good old days (when corporations paid taxes too) or you want to listen to the line that people with money want you to swallow; that it will be bad for America to tax them. Please don't pretend they're related. You see, as corporate taxes have become next to zero this country's economy has not strengthened accordingly. If it did then you might have an argument. But it didn't. All of the relaxation of the tax code has netted an economy in shambles. For example: let's just say for instance that GE took all of that money they saved in taxes and used it to bring jobs to America. Okay, then you could argue that all of those credits for windmills and offshore profit concentrations worked. But you know what? THAT DIDN'T HAPPEN. Corporations reap the benefits of the United States and continue to use the proceeds to strengthen their operations in foreign countries. F**kin' great, innit? So tell me how it strengthens America again?

Look, I know it's not that simple either, there are a lot of reasons why we're in the mess we're in and making the haves pay an equal share may be more symbolic than anything, but symbolism is important. Inequity will always be a sore point and a distraction so if you can eliminate it from the argument then you should.

What makes me shake my head is all of the average working people who are so willing to believe the well funded media campaign put forth. The same campaign that drives all of the pom-pom waving in defense of people who clearly would not ever return the favor. They'll hang you out to dry for a buck so why carry their torch? I don't get it.

[Moonshot_1]

The haves need to pay their fair share.
This would make sense if the haves got what they have as a result of government entitlements.
But the fact is that, far and away, the ‘haves” earned what they have.

The store owner who makes $200,000 a year puts in 70 – 80+ hrs a week, hires people, pays their wages, provides benefits, pays local, state and federal taxes.

The corporation that makes a product, provides a service, hires people, pays wages, provides benefits, pays local, state and federal taxes.

Shouldn’t the employing of people, making of a product, providing a service, paying wages, paying employee benefits count as doing their fair share?

The answer to the runaway spending of the government is to punish those who are innovative, industrious, and entrepreneurial and business minded by systematically increasing their tax burden? Really? 

If I am a businessman and I’m suddenly faced with a higher tax burden, I’m likely to offset that by reducing my costs. And the easiest one is Labor Costs.

Even if you do increase the tax on these folks, you don’t make a dent in the debt or the runaway government spending, but you do throw a wench in the idea of working hard and building a business cause now you’ve become a target of the government. The better you do, the harder you work to become successful the more the government will take from you. So not only do you have to tackle the competitive environment of business, but the toxic environment of government leeches.

The problem is runaway government spending and that includes the corporate entitlements that are out there.

Making bandits out of hard working, innovative, industrious people and corporations doesn’t solve the problem. It makes it worse.

This is a land of Free People. Those who work hard, are industrious, are innovative, should be championed. Not vilified or singled out and punished.

Yes they should pay their taxes, but not at rates in excess of others.

[RoadKill]

The haves need to pay their fair share.
This would make sense if the haves got what they have as a result of government entitlements.
But the fact is that, far and away, the ‘haves” earned what they have.

The store owner who makes $200,000 a year puts in 70 – 80+ hrs a week, hires people, pays their wages, provides benefits, pays local, state and federal taxes.

The corporation that makes a product, provides a service, hires people, pays wages, provides benefits, pays local, state and federal taxes.

Shouldn’t the employing of people, making of a product, providing a service, paying wages, paying employee benefits count as doing their fair share?

The answer to the runaway spending of the government is to punish those who are innovative, industrious, and entrepreneurial and business minded by systematically increasing their tax burden? Really? 

If I am a businessman and I’m suddenly faced with a higher tax burden, I’m likely to offset that by reducing my costs. And the easiest one is Labor Costs.

Even if you do increase the tax on these folks, you don’t make a dent in the debt or the runaway government spending, but you do throw a wench in the idea of working hard and building a business cause now you’ve become a target of the government. The better you do, the harder you work to become successful the more the government will take from you. So not only do you have to tackle the competitive environment of business, but the toxic environment of government leeches.

The problem is runaway government spending and that includes the corporate entitlements that are out there.

Making bandits out of hard working, innovative, industrious people and corporations doesn’t solve the problem. It makes it worse.

This is a land of Free People. Those who work hard, are industrious, are innovative, should be championed. Not vilified or singled out and punished.

Yes they should pay their taxes, but not at rates in excess of others.

+1 x 250%

[FLAVALK]

The answer is as simple as "stop spending like a drunken sailor" (no offense to drunken sailors, many of them are my friends). EVERYONE in this country should pay their "fair share" ....not just the rich.

[RoadKill]

Decrease gov't spending...PERIOD!  It is the only way, and these miniscule cuts so far are a slap in the face to any one capable of simple addition and subtraction  

[Thespian]

 Spending like drunken sailors is what the Right has always done. Look a the increase in the debt under Reagan & Bush.  Only When the Left is in office do they scream, BALANCE THE BUDGET! Sad political pestering. But then the corporate interests are being taken care of, and that's what really maters.     

[RoadKill]

Spending like drunken sailors is what the Right has always done. Look a the increase in the debt under Reagan & Bush.  Only When the Left is in office do they scream, BALANCE THE BUDGET! Sad political pestering. But then the corporate interests are being taken care of, and that's what really maters.     

Well, I guess we are all saved now, because it was all Bush's fault. Thankfully the left has saved us and things are getting so much better. Thank you for making me realize how balanced the budget became with the democrats in charge..........I must have missed the decrease in debt durring '09 and '10. 

[BF]

To make sense of the current financial mess this county is in, consider the following:  

The current United States financial condition.....

U.S. tax revenue:    $2,170,000,000,000
Federal budget:       $3,820,000,000,000
New debt:              $1,650,000,000,000
National debt:         $14,271,000,000,000
Recent budget cut:  $38,500,000,000


Now.....to make sense of the United States budget and to put it in terms that most folks can relate to, just remove 8 zeros and pretend it's a household budget.......

Annual family income:                           $21,700
Money the family spent:                        $38,200
New debt on the credit card:                  $16,500
Outstanding balance on the credit card:   $142,710
Total budget cuts:                                $385

[Tropic traveler]

Point fingers, bring up charts, argue about who did what {I must remind everyone again it's the Congress that makes the budget, so overlay those "spending charts" with what party was in power rather than the Prez to find the worst offenders}, there's plenty of blame to go around that's for sure.
Problem is, was, & will continue to be the government overspending. Anyway you slice it if it does not stop, our freedom is doomed.
Maybe that's what some politicians want.
We pay these people to fix problems yet it gets worse by the day. When the monetary system of the U.S. fails we will ALL be poor. Utopia achieved through the side door. 
The wolf is not yet at the door but he's walking up the driveway. 
   

[The Anvil]

Ronald is dead and buried.

Don't tell Sarah Palin that! 

But really? Then why do conservatives keep chanting his name?

You can't have it both ways B-Man. You can't pine for the past and in the same breath say "the future awaits!" as if you're Walt Disney. You either want a return to the good old days (when corporations paid taxes too) or you want to listen to the line that people with money want you to swallow; that it will be bad for America to tax them. Please don't pretend they're related. You see, as corporate taxes have become next to zero this country's economy has not strengthened accordingly. If it did then you might have an argument. But it didn't. All of the relaxation of the tax code has netted an economy in shambles. For example: let's just say for instance that GE took all of that money they saved in taxes and used it to bring jobs to America. Okay, then you could argue that all of those credits for windmills and offshore profit concentrations worked. But you know what? THAT DIDN'T HAPPEN. Corporations reap the benefits of the United States and continue to use the proceeds to strengthen their operations in foreign countries. F**kin' great, innit? So tell me how it strengthens America again?

Look, I know it's not that simple either, there are a lot of reasons why we're in the mess we're in and making the haves pay an equal share may be more symbolic than anything, but symbolism is important. Inequity will always be a sore point and a distraction so if you can eliminate it from the argument then you should.

What makes me shake my head is all of the average working people who are so willing to believe the well funded media campaign put forth. The same campaign that drives all of the pom-pom waving in defense of people who clearly would not ever return the favor. They'll hang you out to dry for a buck so why carry their torch? I don't get it.

How dare YOU put words in my mouth. That's pathetic. You really are a prat and I will never open another of your posts. fish taco.

Oh FFS, quit overreacting like a high school girl and get some ice on your vagina. I was speaking in generalities about the conservative SOP. But you have a habit echoing it to the letter.

Did the haves earn it? Yeah (well, most of them did anyway) but I never said they didn't. Again the point is completely missed. It's not about punishing people. If it were it would be about higher rates than the middle class pays and about arrearage. I just want their percentage to be equitable with mine.

RK, spare us the "Bush fault" fallback line. I hear conservatives cry on a regular basis about FDR and the new deal and he's been DEAD for 60+ years. Gingrich did it recently in fact. Bush is still smiling in the rearview mirror and since the current president inherited the clusterf**k that the previous administration left then it's absolutely relevant to any and all arguments about the current situation just as it's relevant to lay some blame on Clinton for the housing crisis. Credit where credit is due, man. You need to just suck it up buttercup, deal with that.

Fact: Conservatives love to spend when they are doing the spending.
Fact: Conservatives hate to spend when someone else is doing the spending (but will do it anyway under feigned protest as long as there's money going to their pet fancies, but later they can say they didn't like it).

By the way, "balancing the budget" is a sure way to death as a superpower. No big company became a major player in their field without going into debt and taking risks. During the most explosive periods of growth this country has seen it took loans. Those loans enabled that growth. It's not the AMOUNT of money we're spending that's the problem. Paying any amount of money back is just a matter of time. It's WHAT we're spending it on that scares me.

I'm gonna say it one last time: STOP CHAMPIONING THESE CORPORATIONS WHO DON'T CARE ABOUT YOU. If nothing else it's embarrassing. You're like the rock band groupie who gets used at every stop on the tour. You fetch things and scream during the show and sing along with all the songs but at the end of the night the band moves on to another town and another doe-eyed thrall with low self esteem gets to walk funny for a couple days. Stop being that girl.

[BF]

Yep....over spending is no doubt the problem.  

However, if you reeeeealy want to know what happened to this country's economy, where we were and how we got here.....and why nothing is being done about it, then I can't urge everyone strongly enough to go out and rent or buy this documentary.  You can rent it for a buck from any Red Box.  

Inside Job	powered by Aeva

Inside Job OFFICIAL Trailer HD EXCLUSIVE 1080p	powered by Aeva

This will make your blood boil!!!!	powered by Aeva

[Moonshot_1]

The corporations may not care about me but I will continue to champion them as I'm sure the health of my 401k depends them.

I want them to succeed. I want them to be robust. I want them to hire and employ myself and my neighbors. I champion them because it's in my self interest to do so.

[Thespian]

 W-bya just added to what we are dealing with. Reagan told us it's the Governments fault, they are evil!. (there just Americans doing a job) When the truth its that money rules our government on both sides, and its the lust of money, not money that is truly evil.  

[Thespian]

Spending like drunken sailors is what the Right has always done. Look a the increase in the debt under Reagan & Bush.  Only When the Left is in office do they scream, BALANCE THE BUDGET! Sad political pestering. But then the corporate interests are being taken care of, and that's what really maters.     

Well, I guess we are all saved now, because it was all Bush's fault. Thankfully the left has saved us and things are getting so much better. Thank you for making me realize how balanced the budget became with the democrats in charge..........I must have missed the decrease in debt durring '09 and '10. 

 You do know that the wars were not part of the budget right. just a subtle twist to the real debt numbers.

[BF]

The corporations may not care about me but I will continue to champion them as I'm sure the health of my 401k depends them.

The health of your 401K is directly related to Washington's deregulation of Wall Street and the unfettered greed that has been allowed to take place ever since DE-regulation began.  If Washington doesn't turn this around and RE-regulate and stabilize Wall Street, then bubble after bubble will continue to burst and escalate untill this country implodes and our dollar is worth less than the paper it's printed on.  

That my friends is the next crisis.....the DE-valuation of our dollar.  I'm not looking foward to paying $500.00 for a loaf of bread......are you?

Unfortunetly, we now have the best government money can buy......and Wall Street has all the money.  What's that old proverb about he who has all the gold makes all the rules?  Washington is now firmly intrenched in Wall Streets hip pocket.  

Watch the damn movie......rent Inside Job......it'll open your eyes.  

[Thespian]

The corporations may not care about me but I will continue to champion them as I'm sure the health of my 401k depends them.

The health of your 401K is directly related to Washington's deregulation of Wall Street and the unfettered greed that has been allowed to take place ever since DE-regulation began.  If Washington doesn't turn this around and RE-regulate Wall Street, then bubble after bubble will continue to burst and escalate untill this country implodes and our dollar is worth less than the paper it's printed on.  

That my friends is the next crisis.....the DE-valuation of our dollar.  I'm not looking foward to paying $500.00 for a loaf of bread......are you?

Watch the damn movie......rent Inside Job.  

 The last estimation I saw is 30 tirll, bucks printed out of thin air to keep the banks ( rich, job non creators), out of the red. Sure hope I get a 100% increase in my salary. 

[The Anvil]

The corporations may not care about me but I will continue to champion them as I'm sure the health of my 401k depends them.

I want them to succeed. I want them to be robust. I want them to hire and employ myself and my neighbors. I champion them because it's in my self interest to do so.

You can support them, but that doesn't have to extend to being the shield from the jaws of a beast that doesn't exist. Noone's trying to put them out of business, just taking issue with the image they've created as knights in shining armor waiting for the dragon to die so they can return and save everyone from the clutches of evil.

[RoadKill]

Spending like drunken sailors is what the Right has always done. Look a the increase in the debt under Reagan & Bush.  Only When the Left is in office do they scream, BALANCE THE BUDGET! Sad political pestering. But then the corporate interests are being taken care of, and that's what really maters.     

Well, I guess we are all saved now, because it was all Bush's fault. Thankfully the left has saved us and things are getting so much better. Thank you for making me realize how balanced the budget became with the democrats in charge..........I must have missed the decrease in debt durring '09 and '10. 

 You do know that the wars were not part of the budget right. just a subtle twist to the real debt numbers.

Well since you put it that way, lets spend another trillion we dont have. That just makes the old rules of arithmetic TOTALLY  different now !

[RoadKill]

The corporations may not care about me but I will continue to champion them as I'm sure the health of my 401k depends them.

I want them to succeed. I want them to be robust. I want them to hire and employ myself and my neighbors. I champion them because it's in my self interest to do so.

As long as it's good for your 401...screw the rest ? If they bleed the economy dry,where will that leave your retirement fund ? Retirement plans are only worth ...well...uh...what ever they happen to be worth. You can't eat your 401k or trade it for a chicken.

[RoadKill]

Ronald is dead and buried.

Don't tell Sarah Palin that! 

But really? Then why do conservatives keep chanting his name?

You can't have it both ways B-Man. You can't pine for the past and in the same breath say "the future awaits!" as if you're Walt Disney. You either want a return to the good old days (when corporations paid taxes too) or you want to listen to the line that people with money want you to swallow; that it will be bad for America to tax them. Please don't pretend they're related. You see, as corporate taxes have become next to zero this country's economy has not strengthened accordingly. If it did then you might have an argument. But it didn't. All of the relaxation of the tax code has netted an economy in shambles. For example: let's just say for instance that GE took all of that money they saved in taxes and used it to bring jobs to America. Okay, then you could argue that all of those credits for windmills and offshore profit concentrations worked. But you know what? THAT DIDN'T HAPPEN. Corporations reap the benefits of the United States and continue to use the proceeds to strengthen their operations in foreign countries. F**kin' great, innit? So tell me how it strengthens America again?

Look, I know it's not that simple either, there are a lot of reasons why we're in the mess we're in and making the haves pay an equal share may be more symbolic than anything, but symbolism is important. Inequity will always be a sore point and a distraction so if you can eliminate it from the argument then you should.

What makes me shake my head is all of the average working people who are so willing to believe the well funded media campaign put forth. The same campaign that drives all of the pom-pom waving in defense of people who clearly would not ever return the favor. They'll hang you out to dry for a buck so why carry their torch? I don't get it.

How dare YOU put words in my mouth. That's pathetic. You really are a prat and I will never open another of your posts. fish taco.

RK, spare us the "Bush fault" fallback line. I hear conservatives cry on a regular basis about FDR and the new deal and he's been DEAD for 60+ years. Gingrich did it recently in fact. Bush is still smiling in the rearview mirror and since the current president inherited the clusterf**k that the previous administration left then it's absolutely relevant to any and all arguments about the current situation just as it's relevant to lay some blame on Clinton for the housing crisis. Credit where credit is due, man. You need to just suck it up buttercup, deal with that.

2 wrongs dont make a right....15 wrongs just get us where we are. I never gave any of them worthless ball bags "credit" !  I dont see any one doing any thing to rectify the situation from either side and that has been the status quo for longer than you OR I !

[The Anvil]

Ronald is dead and buried.

Don't tell Sarah Palin that! 

But really? Then why do conservatives keep chanting his name?

You can't have it both ways B-Man. You can't pine for the past and in the same breath say "the future awaits!" as if you're Walt Disney. You either want a return to the good old days (when corporations paid taxes too) or you want to listen to the line that people with money want you to swallow; that it will be bad for America to tax them. Please don't pretend they're related. You see, as corporate taxes have become next to zero this country's economy has not strengthened accordingly. If it did then you might have an argument. But it didn't. All of the relaxation of the tax code has netted an economy in shambles. For example: let's just say for instance that GE took all of that money they saved in taxes and used it to bring jobs to America. Okay, then you could argue that all of those credits for windmills and offshore profit concentrations worked. But you know what? THAT DIDN'T HAPPEN. Corporations reap the benefits of the United States and continue to use the proceeds to strengthen their operations in foreign countries. F**kin' great, innit? So tell me how it strengthens America again?

Look, I know it's not that simple either, there are a lot of reasons why we're in the mess we're in and making the haves pay an equal share may be more symbolic than anything, but symbolism is important. Inequity will always be a sore point and a distraction so if you can eliminate it from the argument then you should.

What makes me shake my head is all of the average working people who are so willing to believe the well funded media campaign put forth. The same campaign that drives all of the pom-pom waving in defense of people who clearly would not ever return the favor. They'll hang you out to dry for a buck so why carry their torch? I don't get it.

How dare YOU put words in my mouth. That's pathetic. You really are a prat and I will never open another of your posts. fish taco.

RK, spare us the "Bush fault" fallback line. I hear conservatives cry on a regular basis about FDR and the new deal and he's been DEAD for 60+ years. Gingrich did it recently in fact. Bush is still smiling in the rearview mirror and since the current president inherited the clusterf**k that the previous administration left then it's absolutely relevant to any and all arguments about the current situation just as it's relevant to lay some blame on Clinton for the housing crisis. Credit where credit is due, man. You need to just suck it up buttercup, deal with that.

2 wrongs dont make a right....15 wrongs just get us where we are. I never gave any of them worthless ball bags "credit" !  I dont see any one doing any thing to rectify the situation from either side and that has been the status quo for longer than you OR I !

True, true.