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PostPosted: Thu Jul 21, 2011 7:44 am 
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Xequecal wrote:
You haven't funded the courts yet, or the FBI, or things like the Dept of Energy. (which oversees the nuclear weapons)

Bottom line your suggestion isn't a country. It's 50 seperate countries with a military alliance.


Courts would be an issue but they could remand the cases to state courts if necessary. The FBI and DOE shouldn't exist.

Have you read the Constitution Xeq?

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PostPosted: Thu Jul 21, 2011 8:31 am 
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Elmarnieh wrote:
I am ok with stopping overseas military operations.

Everything else stops.


That's a perfectly valid position. However, this is why we have a multiple elected officials, rather than one guy making the decisions. It makes such ideas nearly impossible to implement. That's a good thing.


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PostPosted: Thu Jul 21, 2011 8:45 am 
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Arathain Kelvar wrote:
Elmarnieh wrote:
I am ok with stopping overseas military operations.

Everything else stops.


That's a perfectly valid position. However, this is why we have a multiple elected officials, rather than one guy making the decisions. It makes such ideas nearly impossible to implement. That's a good thing.



Sure, I'm just replying to RD's article which showed why it isn't acceptable...well it actually is acceptable to some people and I wanted to point out why.

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PostPosted: Thu Jul 21, 2011 9:12 am 
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Elmarnieh wrote:
Arathain Kelvar wrote:
Elmarnieh wrote:
I am ok with stopping overseas military operations.

Everything else stops.


That's a perfectly valid position. However, this is why we have a multiple elected officials, rather than one guy making the decisions. It makes such ideas nearly impossible to implement. That's a good thing.



Sure, I'm just replying to RD's article which showed why it isn't acceptable...well it actually is acceptable to some people and I wanted to point out why.


Do you agree that it's not acceptable to the vast majority of citizens? Because I think that's the intended audience for her article.


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PostPosted: Thu Jul 21, 2011 9:38 am 
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Arathain Kelvar wrote:
Elmarnieh wrote:
Arathain Kelvar wrote:

That's a perfectly valid position. However, this is why we have a multiple elected officials, rather than one guy making the decisions. It makes such ideas nearly impossible to implement. That's a good thing.



Sure, I'm just replying to RD's article which showed why it isn't acceptable...well it actually is acceptable to some people and I wanted to point out why.


Do you agree that it's not acceptable to the vast majority of citizens? Because I think that's the intended audience for her article.



No idea. I guess we will see.

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PostPosted: Thu Jul 21, 2011 9:52 am 
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From the article:

Quote:
If you try to artificially create a situation that requires drastic cuts, voters are going to get rid of you, not the spending....There is no neat strategic maneuver which will allow you to bypass the American public and cut their government benefits by 40% overnight if they don't want you to. And if you think that the American public actually wants you to do it . . . well, then it's not Washington, DC that's out of touch with the rest of America.


Like Arathain said, your position is entirely valid, Elm, and I respect the honesty of it. However, that's just not a position favored by most of the country.


Last edited by RangerDave on Thu Jul 21, 2011 10:12 am, edited 1 time in total.

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PostPosted: Thu Jul 21, 2011 10:10 am 
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From a purely practical standpoint, denying the increase to the debt limit is the only way the problems with the US system are going to get fixed. Nevermind that it's all based on partisan bullshit (rather than common sense on the part of the people denying the increase), and could easily happen exactly the same way with a republican president and a democratic congress, this is something that needs to be done.

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PostPosted: Thu Jul 21, 2011 10:19 am 
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Talya wrote:
From a purely practical standpoint, denying the increase to the debt limit is the only way the problems with the US system are going to get fixed.

Can you elaborate on what you mean, Taly? In particular:
  • What are the problems with the US system?
  • What would constitute a "fixed" system?
  • How would refusing to raise the debt limit help achieve that?
  • Why is that the only way?


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PostPosted: Thu Jul 21, 2011 10:28 am 
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Question: I disagree with raising the debt ceiling, and believe cuts must be made and spending controlled.

That said, what is it about this instance of raising of the debt ceiling that has everyone's panties in a bunch? This particular one? It appears this isn't exactly an uncommon occurrence:

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PostPosted: Thu Jul 21, 2011 10:31 am 
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When individuals get into debt issues, never does the financial adviser suggest getting into more debt as a way to climb out. That would be absurd.

The problem becomes that no one wants to make needed cuts (EVERYTHING IS NEEDED) and have their retarded voters vote for the guy that will promise the moon to win now and then let some future person pay for it. Eventually that won't work anymore.

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PostPosted: Thu Jul 21, 2011 10:39 am 
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Yes. My question is "What makes this, right now, 'eventually?'"


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PostPosted: Thu Jul 21, 2011 10:43 am 
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It has to do with the recent explosion of influence of the Tea Party, and the fact that we've increased our debt under 2.5 years of Obama as much as 8 years of Bush2.

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PostPosted: Thu Jul 21, 2011 10:44 am 
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The shape of the graph converging on the y = 1/x family, specifically the region near the vertical asymptote.

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PostPosted: Thu Jul 21, 2011 10:45 am 
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It looks more like exponential growth to me, which is common to most things involving finance.


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PostPosted: Thu Jul 21, 2011 10:47 am 
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Wwen wrote:
When individuals get into debt issues, never does the financial adviser suggest getting into more debt as a way to climb out. That would be absurd.


Sure they do - consolidation loans, mortgage refinancings, home equity credit lines, etc. are all common suggestions for people to get their overall financial situations in order by better managing their monthly cash flow. The idea is generally to reduce expenses and pay your bills in a controlled, orderly manner as you gradually climb out of the hole. Heck, even bankruptcy is designed to be a gradual, orderly process.

On the other hand, "Just stop paying 40% of your bills and deal with whatever happens as a result," is genuinely not something a financial advisor would suggest.


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PostPosted: Thu Jul 21, 2011 10:54 am 
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Kaffis Mark V wrote:
It has to do with the recent explosion of influence of the Tea Party, and the fact that we've increased our debt under 2.5 years of Obama as much as 8 years of Bush2.

I agree on the first half of your explanation, Kaffis, but I think the debt increase is basically irrelevant. If McCain had won in 2008, the debt would have gone up by roughly the same amount anyway, and Tea Party or no, the GOP in Congress wouldn't have complained any more than they did under Bush2. The timing and intensity of this are about politics, not policy. Any Republican who votes to raise the debt limit (or to increase taxes to reduce the deficit) while a Democrat is in the White House would be toast in the GOP primaries thanks to the Tea Party. That's basically all this comes down to.


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PostPosted: Thu Jul 21, 2011 11:23 am 
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I never meant to assign blame to Obama; I'm happy to concede that McCain would have been similar.

I disagree that the Tea Party would continue to be silent under McCain. Would they have gained as much traction without a blatantly socialist President to vilify? Perhaps not. But the dissatisfaction with our nation's fiscal policies has been decades in coming, IMO.

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PostPosted: Thu Jul 21, 2011 11:25 am 
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RangerDave wrote:
On the other hand, "Just stop paying 40% of your bills and deal with whatever happens as a result," is genuinely not something a financial advisor would suggest.

No, but "cut 40% of luxury services and feel-good charity out of your budget; you can't afford them anymore" is. Including re-evaluating what is and is not luxury.

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"... Mirrorshades prevent the forces of normalcy from realizing that one is crazed and possibly dangerous. They are the symbol of the sun-staring visionary, the biker, the rocker, the policeman, and similar outlaws." - Bruce Sterling, preface to Mirrorshades


Last edited by Kaffis Mark V on Thu Jul 21, 2011 11:25 am, edited 1 time in total.

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PostPosted: Thu Jul 21, 2011 11:25 am 
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RangerDave wrote:
Wwen wrote:
When individuals get into debt issues, never does the financial adviser suggest getting into more debt as a way to climb out. That would be absurd.


Sure they do - consolidation loans, mortgage refinancings, home equity credit lines, etc.


Studen loans as an investment in future earnings. Loans to prepare assets to sell to get out of debt.


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PostPosted: Thu Jul 21, 2011 11:26 am 
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Kaffis Mark V wrote:
RangerDave wrote:
On the other hand, "Just stop paying 40% of your bills and deal with whatever happens as a result," is genuinely not something a financial advisor would suggest.

No, but "cut 40% of luxury services and feel-good charity out of your budget; you can't afford them anymore" is.


That's where these arguments fail. I haven't heard anyone come up with 40% that we can cut overnight, that could reasonably be considered a luxury.


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PostPosted: Thu Jul 21, 2011 12:22 pm 
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FarSky wrote:
Yes. My question is "What makes this, right now, 'eventually?'"



They explained this concept in Spaceballs.

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PostPosted: Thu Jul 21, 2011 12:32 pm 
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Quote:
If anyone in the media is listening, here is the story I want reported on...

How much room would we have on the debt limit, if the Fed had not unilaterally decided to buy 2.1 trillion dollars of US Debt in the last 18 months (aka QE1 and QE2...QE1 buy 1.5 trillion worth of MortgageBackedSecurities from bank, so said banks could buy the debt...QE2 direct purchase of 600 Billion in debt) because no one else on the planet was willing to buy our debt...

We have already defaulted...Audit the FED and begin the prosecutions


Found this on the MSNBC comments on the debt and thought it was worth repeating.

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PostPosted: Thu Jul 21, 2011 1:39 pm 
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FarSky wrote:
Question: I disagree with raising the debt ceiling, and believe cuts must be made and spending controlled.

That said, what is it about this instance of raising of the debt ceiling that has everyone's panties in a bunch? This particular one?


As I see it:
1) Increased public awareness
2) The massive size of the current debt and the massive size of the increase
3) Spending reductions are never enacted without leverage, and this is some mighty good leverage


RangerDave wrote:
From the article:

Quote:
If you try to artificially create a situation that requires drastic cuts, voters are going to get rid of you, not the spending....There is no neat strategic maneuver which will allow you to bypass the American public and cut their government benefits by 40% overnight if they don't want you to. And if you think that the American public actually wants you to do it . . . well, then it's not Washington, DC that's out of touch with the rest of America.


Like Arathain said, your position is entirely valid, Elm, and I respect the honesty of it. However, that's just not a position favored by most of the country.


No ****? People don't want to give up things they feel they're entitled to? There's a reason they're called entitlements, the same reason why they needed to pass Obamacare "so we can see what 's in it".

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PostPosted: Thu Jul 21, 2011 4:03 pm 
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Vindicarre wrote:
No ****? People don't want to give up things they feel they're entitled to? There's a reason they're called entitlements, the same reason why they needed to pass Obamacare "so we can see what 's in it".


Except that we're not talking about entitlements.


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PostPosted: Thu Jul 21, 2011 4:13 pm 
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When someone writes "government benefits", I see "entitlements". What are "government benefits" to you?

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