100% FREE ONLINE DATING
sponsored links
| Topic: Receiving/without working...Working/without receiving | |
|---|---|
|
|
|
The US economy will definitely improve if the government encourages successful businesses rather than punishing them with more taxes. The economy will improve if US government stop spending trillions of dollars that we don’t have and balance the budget.
President Bush and President Obama have been the worst managers of the world’s largest economy by adding $12 trillion dollars to the deficit. America must be led and managed by a leader who really understands the economy. Bailouts for private companies usually mean that failing companies receive taxpayer money, while their more successful competitors do not. Does that make any sense? In the real world, investors seek to put their money where it is most valuable; that is, in companies that succeed, not those that fail. In the alternate world of government bailouts in which lawmakers spend taxpayer money rather than their own, failure is rewarded and success is punished.The total public debt now stands at $12 trillion. Interest payments on the debt cost $452 billion last year, the largest federal spending category after Medicare-Medicaid, Social Security, and national defense. US government produces nothing for domestic consumption, nothing for international consumption, nothing but more benefits and more days off often with pay for government employees.Government “workers” as they are simply additional warm bodies occupying space and money that with ease could be spent better elsewhere. Government spending is like throwing gasoline on the smoldering fire. The only thing it can do is make it worse. The damage is done and it will take time to rebuild. Fix the specific things that lead to the damage occurring. Then adopt the same financial approach that a family would take after their house has burned down and they didn’t have insurance. You don’t run up the credit card bill any more than absolutely necessary and you cut all extravagances from your life. Otherwise, it will take you a lot longer to recover from the financial disaster.You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another person must work for without receiving.The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is about the end of any nation. You cannot multiply wealth by dividing it.” - Sahit Muja http://investmentwatchblog.com/what-one-person-receives-without-working-for-another-person-must-work-for-without-receiving/ |
|
|
|
|
|
|
|
where and how do I get on this receiving end of things. Seems I am stuck on the other end all the time
|
|
|
|
|
|
|
|
America needs no leader to "show us the way". This is backwards, pre-enlightenment thinking, OP.
 You've got some reading and learning to do.
|
|
|
|
|
|
|
Edited by
crickstergo
on
Sat 04/24/10 08:44 PM
|
|
where and how do I get on this receiving end of things. Seems I am stuck on the other end all the time government jobs is one way... |
|
|
|
|
|
|
|
|
just remember, there is no end to greed and ego...
|
|
|
|
|
|
|
|
just remember, there is no end to greed and ego... oh sure there is, but it ain't gonna go peacefully..it is gonna go though |
|
|
|
|
|
|
|
where and how do I get on this receiving end of things. Seems I am stuck on the other end all the time government jobs is one way... my mom is a retired government worker, she worked hard and gave plenty,,,,,,its a small minority who dont work, welfare is the least of the economic problems although its one of the most popular to blame,,,, |
|
|
|
|
|
|
|
|
where and how do I get on this receiving end of things. Seems I am stuck on the other end all the time government jobs is one way... my mom is a retired government worker, she worked hard and gave plenty,,,,,,its a small minority who dont work, welfare is the least of the economic problems although its one of the most popular to blame,,,, http://wiki.answers.com/Q/What_percentage_of_US_work_force_is_employed_by_the_US_Government 1 in four workers "(24%)" work for the government now....and growing. Taxpayers have to foot the entire bill for those workers. Almost 50% of working people pay no income taxes at all. Now were r back to the conclusions in the article which is.... "The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is about the end of any nation." |
|
|
|
|
|
|
|
"The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them...<snip> Ah, but that is the very definition of the Libs idea of " equality ". EVERYONE is " equal. Whether or not they have done anything to earn what is being given to them is completely irrelevant. The sad part is that they ( the Libs ) really don't have the slightest idea that they are destroying the country. |
|
|
|
|
|
|
Edited by
Kings_Knight
on
Sun 04/25/10 07:46 AM
|
|
Not only do 1 in 4 work for the government (the largest single area of 'job creation' today), they're also disproportionately enjoying larger raises than workers in the private sector.
http://www.downsizinggovernment.org/federal-salaries-explode " ... since the economy fell into recession, the number of federal workers earning more than $150,000 has more than doubled. ... " Makes ya proud, don't it ... ? 'Your Tax Dollars At Work' ... again. This just proves that " ... some animals are more equal than others. ... " |
|
|
|
|
|
Edited by
InvictusV
on
Sun 04/25/10 08:17 AM
|
|
The US economy will definitely improve if the government encourages successful businesses rather than punishing them with more taxes. The economy will improve if US government stop spending trillions of dollars that we don’t have and balance the budget. President Bush and President Obama have been the worst managers of the world’s largest economy by adding $12 trillion dollars to the deficit. America must be led and managed by a leader who really understands the economy. Bailouts for private companies usually mean that failing companies receive taxpayer money, while their more successful competitors do not. Does that make any sense? In the real world, investors seek to put their money where it is most valuable; that is, in companies that succeed, not those that fail. In the alternate world of government bailouts in which lawmakers spend taxpayer money rather than their own, failure is rewarded and success is punished.The total public debt now stands at $12 trillion. Interest payments on the debt cost $452 billion last year, the largest federal spending category after Medicare-Medicaid, Social Security, and national defense. US government produces nothing for domestic consumption, nothing for international consumption, nothing but more benefits and more days off often with pay for government employees.Government “workers” as they are simply additional warm bodies occupying space and money that with ease could be spent better elsewhere. Government spending is like throwing gasoline on the smoldering fire. The only thing it can do is make it worse. The damage is done and it will take time to rebuild. Fix the specific things that lead to the damage occurring. Then adopt the same financial approach that a family would take after their house has burned down and they didn’t have insurance. You don’t run up the credit card bill any more than absolutely necessary and you cut all extravagances from your life. Otherwise, it will take you a lot longer to recover from the financial disaster.You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another person must work for without receiving.The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is about the end of any nation. You cannot multiply wealth by dividing it.” - Sahit Muja http://investmentwatchblog.com/what-one-person-receives-without-working-for-another-person-must-work-for-without-receiving/ My issue with this post is that it applies no responsibility to the monetary policies adopted by Greenspan and the Federal Reserve. This financial mess is directly a result of poor decisions that were made by Greenspan in the wake of the technology bubble bursting in the late 90s and early 2000's. Historically low interest rates allowed banks to push these adjustable rate mortgages and with the increase on demand for homes the market values went through the roof. It's artificial manipulation of the market that caused this crisis, and instead of allowing these mobster run companies to fail they are continuing to prop them up. Right now, Fannie and Freddie are underwriting almost 95% of mortgages today.. They were given a blank check by the treasury to continue to back these toxic loans through the "loan modification" process.. This isn't going to help anyone in the long run. The fed and treasury are pumping liquidity into the markets and eventually inflation is coming. This will force the fed to raise interest rates and the same people that couldn't pay their mortgages are going to lose their a$$ and we are still going to be stuck with the bill.. Interest rates have to go up or you might as well use your dollars to light your fireplace, because that is about the only thing useful you will be able to do with them.. |
|
|
|
|
|
|
|
|
where and how do I get on this receiving end of things. Seems I am stuck on the other end all the time government jobs is one way... my mom is a retired government worker, she worked hard and gave plenty,,,,,,its a small minority who dont work, welfare is the least of the economic problems although its one of the most popular to blame,,,, http://wiki.answers.com/Q/What_percentage_of_US_work_force_is_employed_by_the_US_Government 1 in four workers "(24%)" work for the government now....and growing. Taxpayers have to foot the entire bill for those workers. Almost 50% of working people pay no income taxes at all. Now were r back to the conclusions in the article which is.... "The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is about the end of any nation." from http://www.taxfoundation.org/research/show/542.html The 42.5 million non-payers are largely low-income. Indeed, 91 percent of them earned less than $30,000 per year and 96 percent earned less than $40,000. Fewer than 1 percent will earn more than $75,000 per year – a group comprised largely of business owners whose tax liabilities will be erased due to business losses, carry-overs from prior year AMT payments, or foreign tax credits perhaps more policies in place to encourage jobs with REAL SURVIVABLE incomes for the workers instead of just for the CEOs and owners. government workers, also , are more than warm bodies. Not every job is abot producing something tangible,, many jobs provide necessary SERVICES that people need....FBI, IRS, DEA, ICE, etc,,,services are goods that must be paid for just like any other |
|
|
|
|
|
|
|
|
where and how do I get on this receiving end of things. Seems I am stuck on the other end all the time government jobs is one way... my mom is a retired government worker, she worked hard and gave plenty,,,,,,its a small minority who dont work, welfare is the least of the economic problems although its one of the most popular to blame,,,, http://wiki.answers.com/Q/What_percentage_of_US_work_force_is_employed_by_the_US_Government 1 in four workers "(24%)" work for the government now....and growing. Taxpayers have to foot the entire bill for those workers. Almost 50% of working people pay no income taxes at all. Now were r back to the conclusions in the article which is.... "The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is about the end of any nation." from http://www.taxfoundation.org/research/show/542.html The 42.5 million non-payers are largely low-income. Indeed, 91 percent of them earned less than $30,000 per year and 96 percent earned less than $40,000. Fewer than 1 percent will earn more than $75,000 per year – a group comprised largely of business owners whose tax liabilities will be erased due to business losses, carry-overs from prior year AMT payments, or foreign tax credits perhaps more policies in place to encourage jobs with REAL SURVIVABLE incomes for the workers instead of just for the CEOs and owners. government workers, also , are more than warm bodies. Not every job is abot producing something tangible,, many jobs provide necessary SERVICES that people need....FBI, IRS, DEA, ICE, etc,,,services are goods that must be paid for just like any other what policy changes? |
|
|
|
|
|
|
Edited by
crickstergo
on
Sun 04/25/10 09:12 AM
|
|
The US economy will definitely improve if the government encourages successful businesses rather than punishing them with more taxes. The economy will improve if US government stop spending trillions of dollars that we don’t have and balance the budget. America must be led and managed by a leader who really understands the economy. Bailouts for private companies usually mean President Bush and President Obama have been the worst managers of the world’s largest economy by adding $12 trillion dollars to the deficit. that failing companies receive taxpayer money, while their more successful competitors do not. Does that make any sense? In the real world, investors seek to put their money where it is most valuable; that is, in companies that succeed, not those that fail. In the alternate world of government bailouts in which lawmakers spend taxpayer money rather than their own, failure is rewarded and success is punished.The total public debt now stands at $12 trillion. Interest payments on the debt cost $452 billion last year, the largest federal spending category after Medicare-Medicaid, Social Security, and national defense. US government produces nothing for domestic consumption, nothing for international consumption, nothing but more benefits and more days off often with pay for government employees.Government “workers” as they are simply additional warm bodies occupying space and money that with ease could be spent better elsewhere. Government spending is like throwing gasoline on the smoldering fire. The only thing it can do is make it worse. The damage is done and it will take time to rebuild. Fix the specific things that lead to the damage occurring. Then adopt the same financial approach that a family would take after their house has burned down and they didn’t have insurance. You don’t run up the credit card bill any more than absolutely necessary and you cut all extravagances from your life. Otherwise, it will take you a lot longer to recover from the financial disaster.You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another person must work for without receiving.The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is about the end of any nation. You cannot multiply wealth by dividing it.” - Sahit Muja http://investmentwatchblog.com/what-one-person-receives-without-working-for-another-person-must-work-for-without-receiving/ My issue with this post is that it applies no responsibility to the monetary policies adopted by Greenspan and the Federal Reserve. This financial mess is directly a result of poor decisions that were made by Greenspan in the wake of the technology bubble bursting in the late 90s and early 2000's. Historically low interest rates allowed banks to push these adjustable rate mortgages and with the increase on demand for homes the market values went through the roof. It's artificial manipulation of the market that caused this crisis, and instead of allowing these mobster run companies to fail they are continuing to prop them up. Right now, Fannie and Freddie are underwriting almost 95% of mortgages today.. They were given a blank check by the treasury to continue to back these toxic loans through the "loan modification" process.. This isn't going to help anyone in the long run. The fed and treasury are pumping liquidity into the markets and eventually inflation is coming. This will force the fed to raise interest rates and the same people that couldn't pay their mortgages are going to lose their a$$ and we are still going to be stuck with the bill.. Interest rates have to go up or you might as well use your dollars to light your fireplace, because that is about the only thing useful you will be able to do with them.. I think the article does address your points and more even though not detailed directly. "It's artificial manipulation of the market that caused this crisis, and instead of allowing these mobster run companies to fail they are continuing to prop them up." |
|
|
|
|
|
|
Edited by
InvictusV
on
Sun 04/25/10 07:18 PM
|
|
The US economy will definitely improve if the government encourages successful businesses rather than punishing them with more taxes. The economy will improve if US government stop spending trillions of dollars that we don’t have and balance the budget. America must be led and managed by a leader who really understands the economy. Bailouts for private companies usually mean President Bush and President Obama have been the worst managers of the world’s largest economy by adding $12 trillion dollars to the deficit. that failing companies receive taxpayer money, while their more successful competitors do not. Does that make any sense? In the real world, investors seek to put their money where it is most valuable; that is, in companies that succeed, not those that fail. In the alternate world of government bailouts in which lawmakers spend taxpayer money rather than their own, failure is rewarded and success is punished.The total public debt now stands at $12 trillion. Interest payments on the debt cost $452 billion last year, the largest federal spending category after Medicare-Medicaid, Social Security, and national defense. US government produces nothing for domestic consumption, nothing for international consumption, nothing but more benefits and more days off often with pay for government employees.Government “workers” as they are simply additional warm bodies occupying space and money that with ease could be spent better elsewhere. Government spending is like throwing gasoline on the smoldering fire. The only thing it can do is make it worse. The damage is done and it will take time to rebuild. Fix the specific things that lead to the damage occurring. Then adopt the same financial approach that a family would take after their house has burned down and they didn’t have insurance. You don’t run up the credit card bill any more than absolutely necessary and you cut all extravagances from your life. Otherwise, it will take you a lot longer to recover from the financial disaster.You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another person must work for without receiving.The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is about the end of any nation. You cannot multiply wealth by dividing it.” - Sahit Muja http://investmentwatchblog.com/what-one-person-receives-without-working-for-another-person-must-work-for-without-receiving/ My issue with this post is that it applies no responsibility to the monetary policies adopted by Greenspan and the Federal Reserve. This financial mess is directly a result of poor decisions that were made by Greenspan in the wake of the technology bubble bursting in the late 90s and early 2000's. Historically low interest rates allowed banks to push these adjustable rate mortgages and with the increase on demand for homes the market values went through the roof. It's artificial manipulation of the market that caused this crisis, and instead of allowing these mobster run companies to fail they are continuing to prop them up. Right now, Fannie and Freddie are underwriting almost 95% of mortgages today.. They were given a blank check by the treasury to continue to back these toxic loans through the "loan modification" process.. This isn't going to help anyone in the long run. The fed and treasury are pumping liquidity into the markets and eventually inflation is coming. This will force the fed to raise interest rates and the same people that couldn't pay their mortgages are going to lose their a$$ and we are still going to be stuck with the bill.. Interest rates have to go up or you might as well use your dollars to light your fireplace, because that is about the only thing useful you will be able to do with them.. I think the article does address your points and more even though not detailed directly. "It's artificial manipulation of the market that caused this crisis, and instead of allowing these mobster run companies to fail they are continuing to prop them up." It does and it doesn't.. The line about the government not producing can be said about the economy in general. 70% of our economy is based on consumer spending, not production of goods people want. It's an economic fundamental that has to be changed, otherwise we can never get out of debt. The reality is another industrial revolution is going to have to happen to sustain "real" solvency. Unfortunately, you have the enviro nazis wanting to kill off half of the world's population to keep the icebergs from melting. You think they are going to allow industrial expansion? haha... Not going to happen in this "climate" .. |
|
|
|
|
|
|
|
where and how do I get on this receiving end of things. Seems I am stuck on the other end all the time government jobs is one way... my mom is a retired government worker, she worked hard and gave plenty,,,,,,its a small minority who dont work, welfare is the least of the economic problems although its one of the most popular to blame,,,, The racists keep the anti welfare bull crap alive in this country, they have ulterior motives for it. Oh and you are so right. |
|
|
|
|
|
|
|
|
"The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them...<snip> Ah, but that is the very definition of the Libs idea of " equality ". EVERYONE is " equal. Whether or not they have done anything to earn what is being given to them is completely irrelevant. The sad part is that they ( the Libs ) really don't have the slightest idea that they are destroying the country. Shows you STILL don't know what a liberal is. Do your homework and not on the right wing hate sites because that will actually reduce your intellect to minus zero. Fox news too. |
|
|
|
|
