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The cuts are a'coming

Discussions about the economic and financial ramifications of PEAK OIL

Re: The cuts are a'coming

Unread postby careinke » Fri 19 Aug 2011, 16:47:51

$this->bbcode_second_pass_quote('vision-master', 'T')here will not be less apple trees during the crash, it's all manufactured to funnel more money to the wealthy. The Sun will still rise each day, the Moon will continue it's cycle.... There will be both day and night.


WOW, we agree on something.
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Re: The cuts are a'coming

Unread postby americandream » Fri 19 Aug 2011, 18:56:49

$this->bbcode_second_pass_quote('Cog', '')$this->bbcode_second_pass_quote('americandream', 'C')og talks a lot of gobshite. Then he goes and watches Fox and comes back with more gobshite, some of it garnered from the TP which Foxman has heavily promoted. Then he waffles on about billionaire communists and leftists. What is with this guy? Can anyone be so dumb that they listen to one billionaire who wants tax cuts and another billionaire who wants welfare for the shopping classes and blame the communists (who have long since disapeared with the Berlin wall). Can anyone be that stupid!!


Your deflection is noted.


And your obfuscation is noted. Now why do you, so fervently support a party promoted by one billionaire who has a history of supporting champagne "socialists" in the UK, yet berate another for being a communist but who clearly is only entertaining similar champagne "socialist" notions.Just how reliable is this party especially given the reputation of conservatives to blow budgets despite all their protestations about spending.
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Re: The cuts are a'coming

Unread postby americandream » Fri 19 Aug 2011, 18:58:28

$this->bbcode_second_pass_quote('Cog', 'L')ets start by kicking the 11 million illegals out of our country then we can talk about competing in wages with them.


Low wage workers you mean.
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Re: The cuts are a'coming

Unread postby Satori » Fri 19 Aug 2011, 19:02:03

we might wanna be careful with that illegal immigrant thingy

just sayin...

http://blogs.ajc.com/jay-bookman-blog/2 ... s-planned/
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Re: The cuts are a'coming

Unread postby Cog » Fri 19 Aug 2011, 19:35:14

$this->bbcode_second_pass_quote('americandream', '')$this->bbcode_second_pass_quote('Cog', 'L')ets start by kicking the 11 million illegals out of our country then we can talk about competing in wages with them.


Low wage workers you mean.


No I mean people that are breaking US law by being here. Hence the world illegals. Its not a dirty word and its not PC but its accurate.
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Re: The cuts are a'coming

Unread postby americandream » Fri 19 Aug 2011, 20:16:20

$this->bbcode_second_pass_quote('Cog', '')$this->bbcode_second_pass_quote('americandream', '')$this->bbcode_second_pass_quote('Cog', 'L')ets start by kicking the 11 million illegals out of our country then we can talk about competing in wages with them.


Low wage workers you mean.


No I mean people that are breaking US law by being here. Hence the world illegals. Its not a dirty word and its not PC but its accurate.


Who said it's dirty. Profit is profit. Whether it is dirty or not is not the issue and deflects from the core issue.
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Re: The cuts are a'coming

Unread postby Sixstrings » Fri 19 Aug 2011, 20:28:33

$this->bbcode_second_pass_quote('Satori', 'w')e might wanna be careful with that illegal immigrant thingy

just sayin...

http://blogs.ajc.com/jay-bookman-blog/2 ... s-planned/


Well yeah that sounds like a mess:

$this->bbcode_second_pass_quote('', 'T')hanks to the resulting labor shortage, Georgia farmers have been forced to leave millions of dollars’ worth of blueberries, onions, melons and other crops unharvested and rotting in the fields. It has also put state officials into something of a panic at the damage they’ve done to Georgia’s largest industry.


BUT.. it didn't work because Georgia farmers have to compete against other states who are using illegal labor, plus compete with the NAFTA free trade veggies from Mexico itself.

If we're going to curb immigrant labor, it has to be a national policy that also includes tariffs. That way, rather than let crops rot it will be economically possible for farmers to pay a marketplace wage high enough to attract the jobless to do hard labor in the hot sun.
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Re: The cuts are a'coming

Unread postby Alan Cain » Fri 19 Aug 2011, 21:32:25

$this->bbcode_second_pass_quote('Satori', 'l')ets just stop the foodstamp program
gee
what will happen when 45 million people
a LARGE # of them children are no longer getting fed

foodstamps are insurance against MAJOR social disorder

in my professional capacity I see a lot of people on foodstamps
I don't begrudge them the least little bit
they are all the elderly poor or the working poor

I rather my tax dollars go to them
as opposed to Wall Street and the banksters who continually defraud us all


Hear, hear to that. I would much rather see food in the mouths of children than more rich fat f***s vacationing in the Riviera or wherever they go these days.

One of my adult children (hard working, but low tek skill set - not all do well in school) has had to take food stamps for the past year as his construction jobs have dried up. I look at the 400 people who have what the lower 150 million people in this country (USA) have and think to myself, "Self, let's hope that my son and the other 149,999,999 of his cohorts don't wake up tomorrow and understand who the problem is and decide to fix it."

And what are the college graduates who have read, and do understand, a bit of history, to do with their overdue student loan payments when they cannot get jobs? And the republican "off with their foodstamps" crowd (the ones who work so hard for their money - NOT) may find the economy collapsing as that bubble pops will not be much fun for them either.

I suspect that the moment is near when the unemployed and underemployed are going to figure out that the best is behind them, and that small and medium sized companies cannot hire them or will not hire them.

My son is really good with that deer rifle.

It would make me sad to see the blood on their hands, but it would be OH, so understandable. And it has indeed happened before.

That IS a real option for people who are told that their efforts to work and build a future for themselves and their little families are without any value, even though they really and truly are of value, and they slave to keep the upper four hundred fatties fed, clothed, entertained and pampered. When the slaves cut their masters' throats, the victims call it murder, but history calls it a readjustment of wealth inequity.

I guess I am an incurable optimist!! :lol:

Ironically, to the side of this posting window is a gold ad with Glenn Beck looking fat, smug and smirky saying that the company being advertised is the ONLY one HE uses. Isn't he one of those who call for violence?
Remember that in a population group, the number of individuals that are below average is equal to (the total number, divided by two), minus one. And that one is not swift.
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Re: The cuts are a'coming

Unread postby americandream » Fri 19 Aug 2011, 21:46:45

I hear you Alan. Every country bar Cuba (not for long though) is weighed under by these bloated minorities (as in entitlement syndrome) whilst the vast mass of humankind are increasingly scurrying hither and thither in a bid to eat and put a roof over their heads. It is increasingly looking like the kings of olde when merely living was a nightmare. And anyone who disagrees, even a mild humanist is branded communist (since when did living communally become synonymous with the bailing out of the bloateds).
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Re: The cuts are a'coming

Unread postby prajeshbhat » Fri 19 Aug 2011, 22:07:38

$this->bbcode_second_pass_quote('Cog', 'L')ets start by kicking the 11 million illegals out of our country then we can talk about competing in wages with them.


Exactly what I expected. :-D
How about making them all legal and opening up the borders for everyone? Free enterprise :roll: :?:
Surely your ancestors must have come to america from some other country. What right do you have to kick others out?
Also, who exactly should ask the mexicans to leave? Have you ever confronted Mexicans face to face and told them to go back to their country? Or do you want the government to do it for you? Big government doesn't sound so bad now, does it?
Even Milton Friedman was in favor of the illegal Immigrants. He said categorically that illegal immigrants are a lot more beneficial to the economy than the legal ones. So may be America is mooching off the cheap labor of the illegals.
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Re: The cuts are a'coming

Unread postby Cog » Sat 20 Aug 2011, 08:29:58

If you want to invite those people into your home, knock yourself out. To invite untold millions of poor into this country is to invite chaos as they consume services that they do not pay for.

No thanks. I will elect those politicians who will enforce US law and not turn a blind eye to it. Perhaps things work differently in India.
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Re: The cuts are a'coming

Unread postby prajeshbhat » Sat 20 Aug 2011, 08:47:34

$this->bbcode_second_pass_quote('Cog', ' ')I will elect those politicians who will enforce US law and not turn a blind eye to it.


So who are these politicians you are talking about. The same people who are talking about ginormous tax cuts for the rich and let the rich rule the country. :-D Don't know how things work in USA. But the rich here are always looking for the cheapest labor available. How do you expect it'll work out :?: If i had to bet, i would say the rich will continue to import cheap labor as it suits them. Not that the Tea Party thinks that the rich can do anything wrong :lol: Who is going to stop the illegals then?
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Re: The cuts are a'coming

Unread postby Cloud9 » Sat 20 Aug 2011, 09:40:40

First, the super rich are not Americans. They are multinationals. If you think American tax law can touch the real wealth of these people you are dreaming. They will simply get on a plane go some where else. Second, if you tax those remaining few with fixed assets that cannot leave the country at a rate of one hundred percent, you cannot fund the wars, social security, and Medicare. Third, if the Keynesian notion, that through debt money can be conjured out of thin air is real, why bother to tax at all? Why not stop the street corner shell game about taxes and balanced budgets and just conjure the money necessary to cover the cost of business and save us millions of hours of needless paper work?

The answer is that to make any con work, the mark has to have confidence in the legitimacy of the game. In this case, the mark is anyone who produces something of value. We have in the last thirty five years perpetrated the greatest con in the history of the world. We have convinced the world producers to give us the products of their labor and their natural resources in exchange for little blinking numbers on digital balance sheets. We have not even had to print the little green pieces of cloth everyone so admires. The con worked because everyone was able to exchange key strokes that affected these electronic ledgers to get what they wanted.

The con is breaking down because producers are running up against real limits and for the first time they are coming to realize that the conjurors of digital wealth are unlimited in their capacity to debase that wealth by conjuring up ever larger numbers. Producers on the other hand are looking at their declining ability to produce and getting worried. That is why we are having a flight in to precious metals. Dollars are backed by nothing but confidence in the full faith and credit of the United States.

As the dominos fall there will be a rush to cash. Then there will be a rush into commodities. The confidence is going out of the con.
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Re: The cuts are a'coming

Unread postby dolanbaker » Sat 20 Aug 2011, 09:42:01

$this->bbcode_second_pass_quote('americandream', '')$this->bbcode_second_pass_quote('Cog', 'L')ets start by kicking the 11 million illegals out of our country then we can talk about competing in wages with them.
Low wage workers you mean.

The question is; would the Americans do those jobs if the immigrants left?
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Re: The cuts are a'coming

Unread postby Cog » Sat 20 Aug 2011, 10:26:03

$this->bbcode_second_pass_quote('dolanbaker', 'T')he question is; would the Americans do those jobs if the immigrants left?

Can't say I care whether they do them or not. I'm perfectly capable of mowing my own lawn and growing my own vegetables since I already do that. If prices have to go up to accommodate American worker's needs in other sectors where illegal aliens are used, I'm cool with that too.

With unemployment at record highs and increasing, eventually American workers will be forced by declining handouts to do those unpleasant jobs for whatever wages they can negotiate. Again, that is fine by me.
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Re: The cuts are a'coming

Unread postby Pops » Sat 20 Aug 2011, 10:34:51

$this->bbcode_second_pass_quote('careinke', 'S')o which taxes would you like to raise, and how much of an impact will it make to the debt?

The biggest problem with our economy is there is too much money trying to find a passive profit instead of moving through the economy as wages. J6p's income has been stagnant for 30 years as tax breaks for the rich have siphoned off the profits from increased productivity into commodities, gold, hedge funds and other gambling halls.

Basically encouraging too much money in stay in too few hands (as evidenced by big cash wads in banks and company accounts) is where the problem lies, not in a lack of consumption for pete's sake.

So ideally I think a progressive flat tax on all income would be the most fair, basically no deductions except for other federal taxes.

I'm not big on government giveaways so I think the G should get out of the business of "encouraging" things. So instead of encouraging people to put money into a corporation where they personally have no liability for what the corporation does, the corporation should pay a full share of taxes just like any other "person" and the shareholder should pay income tax on his income just like anyone else. One more example, deductions for interest on mortgage should be limited and on 2nd homes eliminated altogether, either of these could happen without a flat tax rate.

Aside from the fact that the system has been rigged so the wealthy pay a smaller percentage of income tax - especially over the last 10 years, our defense expenditures are obscene and our medical system is a sham, again rigged for the profit of the corps.

I have no problem with helping people who've fallen and can't get up, I think we should do more to help them. I don't think we should give them a life but for the temporarily broke we should provide basic medicine, unemployment check, food and help finding a job, getting training or education, etc

For the terminally broken down, chronically unemployed we must find something because unskilled or semi-skilled work is going or gone and won't be back till the oil is gone. You can call unskilled and /or uneducated people moochers all day but at the end of the day if you haven't found those people something to do you are going to pay, one way or the other - exactly like you pay today for the uninsured to go to the emergency room for a cold. It may make you feel good and righeous to call them moochers but you are paying their biils with your insurance premium just not very efficiently.

So I don't know, we should give them a check and a push broom/push mower/snow shovel and take the money from the people who have benefitted from the downfall of unskilled jobs is really the only way to do it that I can see.

Really though, the idea that we should throw the moochres out in the street is far from the majority view, I know it's popular with old white evangelicals but it's going to run it's course, probably already has.
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Re: The cuts are a'coming

Unread postby prajeshbhat » Sat 20 Aug 2011, 10:36:33

$this->bbcode_second_pass_quote('Cog', 'T')o invite untold millions of poor into this country is to invite chaos as they consume services that they do not pay for.



http://en.wikipedia.org/wiki/Economic_impact_of_illegal_immigrants_in_the_United_States

$this->bbcode_second_pass_quote('', ' ')Research reviewed by the nonpartisan Congressional Budget Office indicates that between 50 percent and 75 percent of unauthorized immigrants pay federal, state, and local taxes. Illegal immigrants are estimated to pay in about $7 billion per year into Social Security.


$this->bbcode_second_pass_quote('', 'U')ndocumented Workers Subsidize Social Security
Illegal immigrants pay social security payroll taxes but are not eligible for benefits. During 2006, Standard & Poor's analysts wrote: "Each year, for example, the U.S. Social Security Administration maintains roughly $6 billion to $7 billion of Social Security contributions in an "earnings suspense file" -- an account for W-2 tax forms that cannot be matched to the correct Social Security number. The vast majority of these numbers are attributable to undocumented workers who will never claim their benefits."[10]
The Social Security Administration has stated that it believes unauthorized work by non-citizens is a major cause of wage items being posted as erroneous wage reports instead of on an individual's earnings record.[15] When Social Security numbers are already in use; names do not match the numbers or the numbers are fake, or the person of record is too old, young, dead etc., the earnings reported to the Social Security Agency are put in an Earnings Suspense file [ESF]. The Social Security spends about $100 million a year and corrects all but about 2% of these. From Tax Years (TY) 1937 through 2003 the ESF had accumulated about 255 million mismatched wage reports, representing $520 billion in wages and about $75 billion in employment taxes paid into the over $1.5 trillion in the Social Security Trust funds. As of October 2005, approximately 8.8 million wage reports, representing $57.8 billion in wages remained unresolved in the suspense file for TY 2003.[


$this->bbcode_second_pass_quote('', 'T')he evidence suggests that the overall costs imposed on the U.S. economy by undocumented immigrants are equivalent to or outweighed by the benefits.
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Re: The cuts are a'coming

Unread postby Cog » Sat 20 Aug 2011, 11:14:32

You have your source. I have mine.


http://www.foxnews.com/us/2010/07/02/im ... ts-reform/

$this->bbcode_second_pass_quote('', 'T')he cost of harboring illegal immigrants in the United States is a staggering $113 billion a year -- an average of $1,117 for every “native-headed” household in America -- according to a study conducted by the Federation for American Immigration Reform (FAIR).

The single largest cost to the government of illegal immigration, according to the report, is an estimated $52 billion spent on schooling the children of illegals. “Nearly all those costs are absorbed by state and local governments,’ the report states.
Moreover, the study’s breakdown of costs on a state-by-state basis shows that in states with the largest number of illegals, the costs of illegal immigration are often greater than current, crippling budget deficits. In Texas, for example, the additional cost of immigration, $16.4 billion, is equal to the state’s current budget deficit; in California the additional cost of illegal immigration, $21.8 billion, is $8 billion more than the state’s current budget deficit of $13.8 billion; and in New York, the $6.8 billion deficit is roughly two-thirds the $9.5 billion yearly cost of its illegal population, according to Jack Martin, the researcher who completed the study.
“The most important finding of the study is the enormous cost to state and local governments due to lack of enforcement of our immigration laws,” Martin wrote.
The report found that the federal government paid $28.6 billion in illegal related costs, and state and local governments paid $84.2 billion on an estimated 13 million undocumented residents. In his speech, Obama estimated that there are 11 million.
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Re: The cuts are a'coming

Unread postby prajeshbhat » Sat 20 Aug 2011, 11:45:36

$this->bbcode_second_pass_quote('Cog', 'Y')ou have your source. I have mine. Fox news

Fox news. Really. Aren't these the same people who said Barack Obama was not an American citizen.
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Re: The cuts are a'coming

Unread postby Satori » Sat 20 Aug 2011, 11:54:22

I'm kinda confused about the study on Fox News

concerning educational expenses...

in my state the schools are mostly paid for by property taxes

if an illegal buys a home,he pays real estate taxes
if he rents a house or apartment,the owner pays real estate taxes

so how do they get this supposedly huge expense for educating illegals?

granted,a certain # are children and I guess we could supposedly build a few less schools ??

I still question the validity of the "study"
I know Cog can set me straight :-D
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