By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Forums - General - $52,300 for a family of 4 is what the government needs to collect.

luinil on 03 April 2009
theprof00 said:
I think they are probably the most trustworthy people to have it at the moment.
My life is good here, and it's because of the gov. I don't trust that money in the hands of the businesses that's for sure.

The only people that are in government (at high levels) are the corrupt, power-hungry ones. How many altruistic politicians are there in Washington DC? Next to Zero or lower. So you are going to trust the already corrupt, power-hungry people with more power and more money? -_-

Luinil - Marisa (FE:SS). She's calm, collected, and really likes swords. (Courtesy of Words of Wisdom)
Tag: luinil - "Liberalism is a mental disorder." - Thanks fkusumot!
Around the Network
Coca-Cola on 03 April 2009
theprof00 said:
I think they are probably the most trustworthy people to have it at the moment.
My life is good here, and it's because of the gov. I don't trust that money in the hands of the businesses that's for sure.

is this a joke?

What services does govt do better?

 

 



jv103 on 03 April 2009

Rush calls the DOW the Obama Approval Rating its up up up. I wonder if he's changing that now?



theprof00 on 03 April 2009

I have nicely paved roads, little crime, people that commit them get caught, food seems to be fairly priced and metro transportation is pretty good, emergency services are always quick and reliable my gf gets freecare through the state with a small co-payment, electricity works, taxes are more than resonable, street cleaning is nice, they are cleaning up our local lake and charles river, I could go on and on. I really have no complaints at the moment.
If anything my beefs are with companies that charge me outrageous prices or have hidden fees and the like. Shit if it was my money I'd blow it all on chinese food and video games probably.



HappySqurriel on 03 April 2009
theprof00 said:
I have nicely paved roads, little crime, people that commit them get caught, food seems to be fairly priced and metro transportation is pretty good, emergency services are always quick and reliable my gf gets freecare through the state with a small co-payment, electricity works, taxes are more than resonable, street cleaning is nice, they are cleaning up our local lake and charles river, I could go on and on. I really have no complaints at the moment.
If anything my beefs are with companies that charge me outrageous prices or have hidden fees and the like. Shit if it was my money I'd blow it all on chinese food and video games probably.

 

First off, how much money do you make a year that you think "Taxes are reasonable"?

Secondly, name the services from the federal government that you think are being run well.



Around the Network
Moongoddess256 on 03 April 2009

he just did say what he likes about what the government is doing.

What you guys are doing is exactly what I predicted would happen: people quickly forget about the source of the disaster and start pointing fingers at the government that is doing what it can... expecting a magic cure for the problem when there is none. Pulling out of such a mess is not going to be easy, but it would take decades if no one did anything about it. Deal with it.

Just like the rest of us had to deal with George W for 8 years :(

I hate taxes, but right now I 100% agree with government spending and taxes. For once, its necessary without a doubt.



[2:08:58 am] Moongoddess256: being asian makes you naturally good at ddr
[2:09:22 am] gnizmo: its a weird genetic thing
[2:09:30 am] gnizmo: goes back to hunting giant crabs in feudal Japan

HappySqurriel on 03 April 2009
Moongoddess256 said:
he just did say what he likes about what the government is doing.

What you guys are doing is exactly what I predicted would happen: people quickly forget about the source of the disaster and start pointing fingers at the government that is doing what it can... expecting a magic cure for the problem when there is none. Pulling out of such a mess is not going to be easy, but it would take decades if no one did anything about it. Deal with it.

Just like the rest of us had to deal with George W for 8 years :(

I hate taxes, but right now I 100% agree with government spending and taxes. For once, its necessary without a doubt.

 

He listed everything that the municipal (or potentially state) government is doing ...

A pattern I noticed years ago is that (which seems to be almost universally true) is that people tend to pay the least (in taxes) and get the most services from the municipal government which tends to be the least corrupt, and people tend to pay the most (in taxes) and get the least in services from the federal government. I came up with a theory that this was because people within the municipal government are directly impacted by their own decisions, Journalists and voters don't seem to be to particularly partisan when it comes to municipal government, and municipalities tend to get a lot (and lose a lot) of their employees from the private sector ...



Epoch on 03 April 2009

Perhaps its time to cut some of the $800 Billion in military spending and put it towards paying down the atrocious amount of debt the U.S. is in?  People bitch about spending $800 billion to bail out the economic situation, and yet they turn a blind eye to the fact that the government has spent at least $600 billion a year for the last 3 years.

With a debt to GDP ratio rapidly approaching 1:1 things are grim unless there is a conscious effort to pay it down over the enxt five years.  Otherwise; Hello New Zimbabwe!



HappySqurriel on 03 April 2009
Epoch said:

Perhaps its time to cut some of the $800 Billion in military spending and put it towards paying down the atrocious amount of debt the U.S. is in? People bitch about spending $800 billion to bail out the economic situation, and yet they turn a blind eye to the fact that the government has spent at least $600 billion a year for the last 3 years.

With a debt to GDP ratio rapidly approaching 1:1 things are grim unless there is a conscious effort to pay it down over the enxt five years. Otherwise; Hello New Zimbabwe!

 

While I agree that the Military could probably be scaled back, I don't think the $800 Billion Bailout is only what people are upset about:

http://investment-blog.net/the-list-of-bailouts-you-want-to-remember/

March 11: The Federal Reserve announces a rescue package to provide up to $200 billion in loans to banks and investment houses and let them put up risky mortgage-backed securities as collateral.

March 16: The Fed provides a $29 billion loan to JPMorgan Chase & Co. as part of its purchase of investment bank Bear Stearns.

July 30: President Bush signs a housing bill including $300 billion in new loan authority for the government to back cheaper mortgages for troubled homeowners.

Sept. 7: The Treasury takes over mortgage giants Fannie Mae and Freddie Mac, putting them into a conservatorship and pledging up to $200 billion to back their assets.

Sept. 16: The Fed injects $85 billion into the failing American International Group, one of the world’s largest insurance companies.

Sept. 16: The Fed pumps $70 billion more into the nation’s financial system to help ease credit stresses.

Sept. 19: The Treasury temporarily guarantees money market funds against losses up to $50 billion.

Oct. 3: President Bush signs the $700 billion economic bailout package. Treasury Secretary Henry Paulson says the money will be used to buy distressed mortgage-related securities from banks.

Oct. 6: The Fed increases a short-term loan program, saying it is boosting short-term lending to banks to $150 billion.

Oct. 7: The Fed says it will start buying unsecured short-term debt from companies, and says that up to $1.3 trillion of the debt may qualify for the program.

Oct. 8: The Fed agrees to lend AIG $37.8 billion more, bringing total to about $123 billion.

Oct. 14: The Treasury says it will use $250 billion of the $700 billion bailout to inject capital into the banks, with $125 billion provided to nine of the largest.

Oct. 14: The FDIC says it will temporarily guarantee up to a total of $1.4 trillion in loans between banks.

Oct. 21: The Fed says it will provide up to $540 billion in financing to provide liquidity for money market mutual funds.

Nov. 10: The Treasury and Fed replace the two loans provided to AIG with a $150 billion aid package that includes an infusion of $40 billion from the government’s bailout fund.

Nov. 12: Paulson says the government will not buy distressed mortgage-related assets, but instead will concentrate on injecting capital into banks.

Nov. 17: Treasury says it has provided $33.6 billion in capital to another 21 banks. So far, the government has invested $158.6 billion in 30 banks.

Nov 21: The Treasury says it will invest $20 billion in Citigroup Inc., on top of $25 billion provided Oct. 14. The Treasury, Fed and FDIC also pledge to backstop large losses Citigroup might absorb on $306 billion in real estate-related assets.

Nov 23: The Fed says it will purchase up to $600 billion more in mortgage-related assets and will lend up to $200 billion to the holders of securities backed by various types of consumer loans.

This doesn't even include any of the spending that was put in place since Obama has become president ...



psrock on 03 April 2009

I don't think you guys hate spending at all, it's just who they are spending this money on that's pissing you off.



 Next Gen 

11/20/09 04:25 makingmusic476 Warning Other (Your avatar is borderline NSFW. Please keep it for as long as possible.)