State Of The Union Address

[axiom-r]

          

[Klavdy]

Here is a Pobblebonk.



It is rather a fetching shade of green, no?

[FJdave1200]

Words are cheapl

[waricle]

Here is a Pobblebonk.



It is rather a fetching shade of green, no?

Well Klavdy, you really are after a blue, aren't you?
First you start off about tax and then you go straight to frogs!!
It's bastards like you that make this country what it is today, thank goodness...........
BTY how's the bike?

[motohorseman]

Obama is bad, possibly the worst in recent history, no doubt about that.

But we have no real alternatives, holy crap, I actually thought Hillary could do better for a momen.

Alternatives, I'm not sure who I will vote for, but if Obama is my only choice, I'll pass and not vote for the first time in decades.

Around here, unemployment is unofficially near 30% according to the local office. And "all the jobs" that are coming in are <$10.00 an hour, that truly sucks.

I can not remember times ever being this bad. If they are not for you, be thankful.

[motohorseman]

Sorry, K-man.  I really don't care if he can read a teleprompter well, or he has good speechwriters.  He's out to destroy the US of A. He must be stopped.

We're gonna raise tax rates to be "fair"?  That 30% he wants is on money already taxed at 35-40%, invested (at risk!) and then returned a profit.  So you get penalized at almost the same rate as when you earned it the 1st time.  And if he or anyone else thinks this is going to raise money, watch the vid ...

Barack Obama: Fairness.

The problem is there are a lot of people that agree with him and also support the death of what many of us considered to be a good country.

A shame, time will tell, I hope we recover soon, but I sure have not seen any positive signs. Obama has spent us into oblivion, to the point that is may take another World War to get us out - maybe that is "their" plan....

[terryk]

Sorry, K-man.  I really don't care if he can read a teleprompter well, or he has good speechwriters.  He's out to destroy the US of A. He must be stopped.

We're gonna raise tax rates to be "fair"?  That 30% he wants is on money already taxed at 35-40%, invested (at risk!) and then returned a profit.  So you get penalized at almost the same rate as when you earned it the 1st time.  And if he or anyone else thinks this is going to raise money, watch the vid ...

Barack Obama: Fairness.

The problem is there are a lot of people that agree with him and also support the death of what many of us considered to be a good country.

A shame, time will tell, I hope we recover soon, but I sure have not seen any positive signs. Obama has spent us into oblivion, to the point that is may take another World War to get us out - maybe that is "their" plan....

Sorry guys, but spend us into oblivion....total crap on a cracker. Geesh, stop slurping up the tea party/ fox non-news.

This is easy to fix and we will recover sooner than the republicans would like. tax the rich appropriately, raise tariffs on imports in a logical manner and tax corporations properly. Done...balancing the books. Punish layoffs and punish offshoring of headquarters and workers. Instiutute a fair wage act for the middle class. Leave some jam on the bottom shelf where the average guy can reach it. Enough greedy action of the ricjh already as they are royally srewing the middle class.

[Dan Filetti]

This is easy to fix and we will recover sooner than the republicans would like.

Only a liberal could be so egregiously clueless as to say 15.4 TRILLION dollars of debt is "easy to fix".

***We are currently spending a million dollars every 26 seconds.***** 
THINK about that: in the time it takes you to read this, the US will accumulate another million dollars in debt!!!

http://www.usdebtclock.org/

I WILL agree with you Terry, that it's 'easy to change'; to the extent that you mean 'run it up'.  As evidence of this, our current POTUS has increased Debt nearly 6 TRILLION DOLLARS in just over 3 years!!  But the other direction?  Well, that's decidedly more difficult -perhaps it's impossible. 

I've read in the past where you think we can 'power out of this' - I'm just really having a hard time seeing it as anything other than seriously tinted rose-colored/ liberal glasses. Oh, and there is no historical precedence for 'powering out' of 15.4 TRILLION dollars in debt either. 

Last point, you can bet you last, untaxed dollar that the debt will be a huge "legitimate issue" when the White House is next occupied by a conservative.  To bolster my point here, I offer as evidence the words of our current POTUS, who actually made sense as a senator, but like with Super PACs, completely reversed direction in practice.  My evidence:

"O" the Debt Ceiling

Dan


   

[Dan Filetti]

This is easy to fix and we will recover sooner than the republicans would like.

Your president, the one you voted for with such conviction, or at least the man he was as a congressman, agrees with the conservatives, and firmly disagrees with you Terry.

"O": "America has a debt problem, and a failure of leadership"

He said this was when the debt was slightly less than HALF of what it is today.

The debt is 15.4 of these:  


Those are 4'x4'x4' pallets (double stacked!) of 100 dollar bills -note the man in the bottom left corner, as a size reference.

"easy fix"  -My ass.

This president, and to a lesser extent his predecessors, have screwed our children and grandchildren worse than Catholic priests.

Dan

[terryk]

This is easy to fix and we will recover sooner than the republicans would like.

Your president, the one you voted for with such conviction, or at least the man he was as a congressman, agrees with the conservatives, and firmly disagrees with you Terry.

"O": "America has a debt problem, and a failure of leadership"

He said this was when the debt was slightly less than HALF of what it is today.

The debt is 15.4 of these:  


Those are 4'x4'x4' pallets (double stacked!) of 100 dollar bills -note the man in the bottom left corner, as a size reference.

"easy fix"  -My ass.

This president, and to a lesser extent his predecessors, have screwed our children and grandchildren worse than Catholic priests.

Dan

Great, stop panicking and drinking the tea party nonsense. This is just a diversion from the real problems, greedy people who have destroyed the middle class. This will be fixed. BTW - debt as a percentage of GDP is not that impressive.

[rktmanfj]

BTW - debt as a percentage of GDP is not that impressive.

Oh, Terry, do tell... enlighten us!              

[terryk]

BTW - debt as a percentage of GDP is not that impressive.

Oh, Terry, do tell... enlighten us!              

OIK, glad you asked. Debt is impacted by two factors, revenues and inflation.

Revenues supported substantial surplus cash flow into the treasury before tax cuts for the rich, extreme corporate welfare public policy and off the books wars that were a waste of lives and money took this away.

This is temporary of course.

Fix - 1) Raise the tax rates on millionaires to a real rate of 36% for every dollar over $250,000 in income 2) shut down the loop holes for corporations and the rich, 3) raise the corporate tax rates to make all business over $20 million in annual revenue pay a fixed minimal tax and 4) selectively raise the import tariffs up once again to normal levels ( oh, it is cheaper to build cars, computers, TV's, dish washers, socks, in the USA, OK, I will do this here and not import). 5) Punish corporations who keep funds overseas, place jobs overseas and move overseas witrh punitive tax rates and fees. 6) Reward the corporations who bering back jobs to america. 7) Tax financial transactions at a low rate scale back weaponas systems and the size of the armed forces over a 10 year time period to a much lower percentage of GDP and close down the majoruity of our overseas bases.

We have now created a surplus and are back in the black. Retire our debt somewhat and refund social security funds that we stolen and used as part of the general fund.

Inflation - eats away at the real value of the debt.

[rktmanfj]

OIK, glad you asked. Debt is impacted by two factors, revenues and inflation.

Revenues supported substantial surplus cash flow into the treasury before tax cuts for the rich, extreme corporate welfare public policy and off the books wars that were a waste of lives and money took this away.

This is temporary of course.

Fix - 1) Raise the tax rates on millionaires to a real rate of 36% for every dollar over $250,000 in income 2) shut down the loop holes for corporations and the rich, 3) raise the corporate tax rates to make all business over $20 million in annual revenue pay a fixed minimal tax and 4) selectively raise the import tariffs up once again to normal levels ( oh, it is cheaper to build cars, computers, TV's, dish washers, socks, in the USA, OK, I will do this here and not import). 5) Punish corporations who keep funds overseas, place jobs overseas and move overseas witrh punitive tax rates and fees. 6) Reward the corporations who bering back jobs to america. 7) Tax financial transactions at a low rate scale back weaponas systems and the size of the armed forces over a 10 year time period to a much lower percentage of GDP and close down the majoruity of our overseas bases.

We have now created a surplus and are back in the black. Retire our debt somewhat and refund social security funds that we stolen and used as part of the general fund.

Inflation - eats away at the real value of the debt.

Gee, that sounds just great!

Why don't we just do that?        

[terryk]

OIK, glad you asked. Debt is impacted by two factors, revenues and inflation.

Revenues supported substantial surplus cash flow into the treasury before tax cuts for the rich, extreme corporate welfare public policy and off the books wars that were a waste of lives and money took this away.

This is temporary of course.

Fix - 1) Raise the tax rates on millionaires to a real rate of 36% for every dollar over $250,000 in income 2) shut down the loop holes for corporations and the rich, 3) raise the corporate tax rates to make all business over $20 million in annual revenue pay a fixed minimal tax and 4) selectively raise the import tariffs up once again to normal levels ( oh, it is cheaper to build cars, computers, TV's, dish washers, socks, in the USA, OK, I will do this here and not import). 5) Punish corporations who keep funds overseas, place jobs overseas and move overseas witrh punitive tax rates and fees. 6) Reward the corporations who bering back jobs to america. 7) Tax financial transactions at a low rate scale back weaponas systems and the size of the armed forces over a 10 year time period to a much lower percentage of GDP and close down the majoruity of our overseas bases.

We have now created a surplus and are back in the black. Retire our debt somewhat and refund social security funds that we stolen and used as part of the general fund.

Inflation - eats away at the real value of the debt.

Gee, that sounds just great!

Why don't we just do that?        

Because special interests and corporations have taken over the countries political system, bought and paid for.

And, americans are largely ignorant people who go about their lives without any investment in understanding how the special interests use our political system to convert the working folks into slaves  working for  corporations. In fact, the moneyed are treating the middle class like their property beating down wages and running a propaganda war that gets played out as devisive politics.

[bugboy]

If you took those pallets of $100.00 bills ($1,000,000.00 per pallet) and placed them in the Lincoln Memeorial reflecting pool, you'd have to stack them 6 pallets high to get equal the 15 trillion dollar debt. That pool is 2,029 feet long and 167 feet wide and the pallets would be approximately 2 stories high.

It would only take about 1,500 semi trailer loads to transport that many $100.00 bills requiring app. 15 mile long convoy.

California's real estate value is 4.4 trillion,,,, all we have to do is sell 4 Californias and we'll be "in the black".  Maybe the Chinese would like to buy Hawaii, California, Washington and Oregon and call it even.  Or we could could sell the the eastern seaboard (Maine through Florida) and call it good.