Another friggin socialist lefty with her hands in other people's pockets.

Entitlement spending now makes up more than the US collects in taxes, and has been increasing far greater than inflation for decades. The Democrats have made it worse, wasting Trillions on entitlement spending in only a few years. Sure the quick fix is to raise taxes, yet if entitlement spending keeps outpacing inflation the system is unsustainable.

The Democrats are damaging the economic system, not repairing it. You don't see it cause you're a silly lefty who just wants to kick the can down the road without actually fixing the underlying issue.

I agree taxes do need to be raised, yet not without a plan to reign in entitlement spending to at the very least inflationary increases so it doesn't spiral out of control.

Yep, Clinton was fantastic for the US, and I was hoping Obama would follow in his footsteps - yet sadly Obama is the complete opposite of Clinton economically.

Just start WW3 and end this whole mess. Everyone dies and the world starts at the beginning.

On the other hand for the average worker here, hold on to your money and save, we could very well lose our jobs if this doesn't get resolve.

only this man can save the US:

That was a solid ad.

reading this thread makes me realize just how ignorant i am :cry:

I think you meant to say uninformed. Calling yourself ignorant is kinda harsh lol

You missed the part where I pointed out that what the Republicans are doing isn't ultimately changing anything. It's right there at the bottom. I know you wanna step on the socialist.

That said I TOTALLY agree that this is fucked up. It's like me maxing out my credit card and then calling the company and asking them to increase my limit so I can use it to buy bread and milk.

That said, Bush did do it 8 times with out a complaint from anyone. Mostly for military spending and that is what has lead to this mess in the first place. The first thing the US needs to do as damage control is get the hell out of every other country they're currently stationed in. Until their shit is together at home they can't afford to be involved in the governing of other countries.

I like to give people this link: http://www.usdebtclock.org/

I direct attention to the right column about half way down. Where it says there are about 83 million families in the US. And it Then right beside it points out that there are about 43 million food stamp recipients in the country.

I also like to point out that US Debt is currently at about 669K per family while the average family savings in the US... $6500.

That's some scary shit. And regardless of who started this particular blazing inferno, it's not going away while half of the team plays 'it's my way or the highway' in trying to fight it. The only way this is going to get fixed is with major restructuring.

But then like I said currency collapse is inevitable.

^^ lol that won't happen.

The cartoon would be correct if it showed Obama throwing a huge jug of fuel on the fire, and the jug was labeled Obamacare.

I didn't miss it, I stopped reading when you equated politics to terrorism, that was just fucking dumb. The Republicans are elected officials doing what they campaigned on - controlling the spiraling debt by reigning in spending.

He did it without complaint cause the country was attacked and people were willing to back the spending. Today is a different story and I agree, they should pull out of many places in the world. If I could I'd vote for Ron Paul, that's exactly what he proposes.

Throwing more fuel on the fire is not the way to put it out. Yes the Republicans dug this hole after Clinton did such a good job of balancing the budget, yet these Obama Dems are wasting just as much if not more $$$. Someone has to say no, and I understand why your socialist lefty non-sense hates that its the Republicans saying no, yet your silly lefties sure aren't saying no and are trying to dig a hole deeper than Bush ever could.

obama never had the intention of cutting spending. he thinks you can spend your way out of debt.
that was what his presidential campaign was all about. it was mccain that wanted to cut spending to reduce the debt in the first place.

if you want real change, stop voting for the same 2 parties that have run this country (usa) for the last 200+ years..
if ron paul had a chance to run as a libertarian and actually win some votes, he would. americans are so brainwashed into thinking its either republican or democratic, and really neither are all that different because neither party really celebrates the true beliefs that their founding fathers built the country on.

ron paul wants to get rid of the fed bank, u know what happened to the last 2 presidents who wanted to do the same?????

jfk & Ronald R?

too bad most americans are oblivious to power politics or to the fact "who has hands in whoes pockets."

Florida is doing it's part to cut costs!

Florida jail ends free underwear for inmates to cut costs - Yahoo! News

"ST. PETERSBURG, Fla (Reuters) - A central Florida sheriff has announced a cost-saving measure that hits below the belt: no more free underwear for men booked into jail.

Starting August 1, the Polk County jail will no longer provide five pairs of briefs to male inmates.

Instead, inmates will have the option of buying Fruit of the Loom boxers or briefs from the jail canteen.

Sheriff Grady Judd said the end of free underwear will save an estimated $45,000 a year in operation costs.

Judd in a statement said, "$45,000 is one person's job we're saving. If inmates want to wear underwear in jail, they can buy it, just like hard-working Polk County citizens do."

This isn't the first time the sheriff has invoked creative cost cuts.

He eliminated peanut butter and jelly sandwiches, cornbread, coffee, juice and fresh milk from the jail menu a few years ago, saying if inmates wanted to eat those things they should stop breaking the law.

"We have to provide them with nutritious. That doesn't mean it has to be five-star delicious," Judd said at the time.

Under the new policy, male inmates can pay $2.54 for a pair of briefs or $4.48 for a pair of boxers, the sheriff's office said. Laundry services will still be offered twice a week.

Female inmates will continue to receive five free pairs of underwear for their jail stay for hygiene reasons, sheriff's spokeswoman Carrie Eleazer said on Friday.

"

pay it back with credit cards. give themselves 30 days to think of a way to BS their way outta it.

What the fuck are you talking about? Stop using Fox News catch phrases. "Obamacare" was a Republican idea of the early 90's, and it is working out great in Massachusetts. In fact that state which also has a "Obamacare" plan, has the best Health Care rating in the country.

Stop using catch phrases and research the topic. Besides, you Conservatives cry for accountability, the Obama plan while flawed, does just that. By forcing all individuals to purchase a policy, and to ween HC expense off the public tax payer.

Obama's plan has nothing to do with the current deficit that has been racked up, that is a bold faced lie.

republicans =\= conservative

I am curious how much obama has actually increased in spending vs the republician spending. I want hard numbers, not some bullet point OBAMACARE scare.

I use catch phrases cause they are funny, I definitely know more about what's going on than you do.

Obama is forcing everyone to buy a policy - then offering a government subsidized policy to buy. This does nothing to address the reason health care is unaffordable, the 20% administrative overhead of the policies. It only creates more policy BS, and mismanages it in government.

Yet that's just one part of why Obama is racking up trillions of debt, so you're partially correct in that its not the only thing racking up the huge deficit. His stupid infrastructure spending, handing out money to peple to buy cars and homes, .... and various other entitlement programs where people are essentially given money by the government are the big problems... yet you'd know that - right?

learn something taylor.

That aside, the whole point on this is about spending less, and Obamacare does not address that. Even if its only $1 more, that's $1 they do not have to spend.

Read this: Mish's Global Economic Trend Analysis: Case for a Balanced Budget Amendment; Charts of the Day: Transfer Payments (Medicare, Medicaid, Food Stamps, etc.) vs. Total Government Receipts

This is the most important stat, that transfers to individuals (ie medicare, welfare, UI, SS, food stamps, ...) has grown to consume the entire budget. That leaves $0 to actually run the country. If you look at the other graphs, its not like government revenue hasn't been increasing, just entitlements have been outpacing revenue, aka taxes.

This cannot continue. Either taxes have to be continually raised, or this spending has to become sustainable. Don't think we don't have the same problem here, healthcare spending increases at 6%/yr and GDP increases half that.

http://3.bp.blogspot.com/-m5BuQztOVI...2BReceipts.png

If you like Max Keiser's ranting you should love mine! :p

I prefer Mish: Mish's Global Economic Trend Analysis

They've both been saying the same thing: Greece should tell the banks to go to hell and not pay their debt. Bad loans shouldn't be repaid.

The U.S. military budget is larger than the budgets of the next 14 countries combined. Americans are far more likely than buyers in other countries to turn to spam-advertised pharmacies to obtain pills to treat serious ailments—a trend that reflects differences in government health care and prescription drug policies. The top 10 percent of the U.S. population holds 69.8 % of the wealth. (In Canada the number is 53.0%.) The U.S. has the highest incarceration rate in the world.

In this environment the Republicans find that their highest priority is to defend the wealthiest Americans from tax increases and is willing to force the U.S. into default in that defence.

got this thought from another person but yea, Republicans screwed the economy over, not Democrats!

I'm in the middle-higher tax brackets and I agree that taxes need to be increased for the rich.

However there are some cuts that need to be addressed as well.

Edit: What I was trying to say is that America is a messed up country and need to get their priorities straight.

Warren Buffett stated that he only paid 19% of his income for 2006 ($48.1 million) in total federal taxes (due to being from dividends & capital gains), while his employees paid 33% of theirs, despite making much less money. “How can this be fair?” Buffett asked, regarding how little he pays in taxes compared to his employees. “How can this be right?”


When the top 10% control 70% of the wealth. t
The system is definitely not fair.

Just imagine how the 4 TRILLION dollars of bush tax cuts could be used on.