10 who led us to the fiscal cliff
They fed our greed and guilt and told us we could have all the spending and tax cuts, too. While practically all of us had a role in this mess, these 10 stand out.
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THE ENTITLMENT GREAT SOCEITY STARTED WITH ROOSEVELT AND JOHNSON - A NOT MY FAULT SOCEITY SPRINKLED WITH WHATS IN FOR ME AND A DEMOCRACTIC PROGESSIVE AGENDA THAT ALL THINGS COME FROM GOVERNMENT.
WE ARE HEADED FOR THE CLIFF - WHEN A SOCEITY CAN VOTE FOR THEIR ENTITILEMENTS AND SUBSIDIZE - WHY THE HELL SHOULD WE WORK!!!!!!!!!
The nation is overloaded with unproductive people in high places. Paper and button pushing pays more than actual effort. We spend more time and energy fooling with markets that are anti-American and not on job recovery. Sever the top off all non-Founder-run businesses and recover all the jobs that need to exist to restore balance to the economy. Abolish the Tax Reform Act and Gramm Leach Bliley. Restore Glass Steagall. Close banks and the Federal Reserve. RECONCILE. Don;t want to? Leave. Let's get a frip on who we owe, how much and why? If it's all the same people, eliminate them immediately. Get a job. Do a job. Financier isn't a job. Wall Street has no value.
What created this mess is the philosophy that took down Rome. There is no greater danger to a nation than to allow the voters to vote themselves money.
Solving the problem is easy permit Federal spending only on those issues that provide for the defense of the US; No money for schools, health, retirement, and anything else that does not contribute to the direct benefit of the country. Education is the responsibility of local government, health is your responsibility, earn your money and stop holding your hand out for what isn't yours.
Why am I responsible for your education, your health, your welfare, etc. I take care of my family and my neighbors. I am tired of footing the bill for those who can do nothing but cry "its unfair." Well life is unfair, deal with it.
How can you leave out Barney Frank who killed every effort to control Freedie MAC and
Who lead us to the fiscal cliff? Obviously our elected officials that wouldn't/won't step up to the plate and tell it like it is so they can get reelected to their gravy train positions.
However, in the end it's the electorate, you know those that vote, that keep electing these folks on promises they know can't be kept or don't want to pay their fair share.. With nearly half of the electorate not paying Federal taxes it's not surprising. I can't wait until we get over half this country not paying into the system. If you think the riots in Greece are bad wait a few years.
Laffer has nothing to do with it. His Laffer Curver theory is sound. The problem is, that no matter how much revenue is that it is never enough if you don't control spending.
Pete Peterson, because he brought guilt to the debt? Are you effing serious?
Bill Clinton never had a surplus. Look at the record. Deficits every year. He also pushed that everyone who wanted to own a house should be able to regardless of their ability to repay. He is also the one who did away with Glass-Steagal.
Greenspan, I agree with, but I would tie Bernanke to it as well.
Bush/Cheney, don't disagree.
David Lereah, go back to what I said with Clinton.
Grover Norquist, go back to Laffer, we don't have a revenue problem, we have a spending problem.
Barack Obama, just takes a bad situation and makes it worse. You want to get more revenue, get people back to work. This idea that the only way to solve the deficit is to raise the taxes on the rich is the biggest effing joke I have ever heard. Great, you can fund the government for 4 days, still leaves you with one big pile of stink! Get people back to work and cut spending, and you might be able to get the budget balanced.
ALL THE LEFT WING LIBERAL SOCIALIST DEMOCRATS AND STUPID DEMOCRAT VOTERS! CAN'T BELIEVE OBAMA MADE LIST!
THEY DIDN'T MENTION THE MILLIONS OF STUPID VOTERS THAT MADE IT ALL HAPPEN!!!
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[BRIEFING.COM] The stock market ended the Thursday session on a mixed note ahead of Friday's nonfarm payrolls report for February (Briefing.com consensus 163K). The Dow Jones Industrial Average (+0.4%) and S&P 500 (+0.2%) posted modest gains while the Nasdaq Composite (-0.1%) lagged throughout the session.
Equities began the trading day on an upbeat note following comments from the Bank of England and the European Central Bank, both of which reaffirmed their commitment to ... More
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