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On 07-Nov-07 6:47, aluckyguess wrote:
The worst part is I dont see any end in sight. Of course there is an end! We have an intrepid president, who will intervene at once and tell that we refuse to pay $98 for a $10 article. The production will be bumped up, till normality will return. He will of course send army, if negotiations will not help. Finally, he lives from our taxes and has our best interest at all times on his mind, even when he is in the restroom. I love this government, this influential standing with other nations, foresight, impact on world market, balanced budget with only 1.3 billion a day loss. This devotion to the nation, its economical advancement, stability and pursuit of happiness. Imagine: by the end of his 2008 term we will have $4.5 per gallon gas, $8 avgas, we will pay $1.6-$1.8 for an Euro, and we will have increased national debt by mere 3,702 billions! Nobody in the history of this country can even close match such achievements. No problemo, our kids and grandkids will pick up the tab. For generations to come. And this is "the end" which I see clearly. Regrettably a percentage of Americans failed to see it 3 years ago, despite writing on the wall, in big capital letters... Thomas "Jay Honeck" wrote in message ups.com... Well, boys and girls, here it comes. $4/gallon gas in America. This will translate into $7/gallon avgas soon enough. Our last fly-in guest at the hotel was almost two weeks ago... (And we just had our 28th consecutive sell-out weekend, so business is booming...) :-( -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
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![]() ThomasH wrote: I love this government, this influential standing with other nations, foresight, impact on world market, balanced budget with only 1.3 billion a day loss. This devotion to the nation, its economical advancement, stability and pursuit of happiness. Imagine: by the end of his 2008 term we will have $4.5 per gallon gas, $8 avgas, we will pay $1.6-$1.8 for an Euro, and we will have increased national debt by mere 3,702 billions! Nobody in the history of this country can even close match such achievements. No problemo, our kids and grandkids will pick up the tab. For generations to come. And this is "the end" which I see clearly. Regrettably a percentage of Americans failed to see it 3 years ago, despite writing on the wall, in big capital letters... Read your history book. Been there, done that. Late 70's early 80's. Quit your whining. |
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There was a national debt of 3.7 trillion in the late '70s?
Nope. Just like the sub-prime mortgage lending debacle, our national debt WILL collapse. It's as inevitable as sand through an hourglass. What makes me sick is that both the Democrats and the Republicans (formerly the "balanced budget champions" of my youth) now run up the deficit as a matter of course, but feel it necessary to blame each other for the problem. Actually, the only difference between the two parties is the *reason* they run up the debt. Democrats blame the war, Republicans blame "entitlements" -- but neither side has ever seen a tax they didn't adore, or a spending program they wouldn't hump dry. I say throw them all out, and start over. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
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Jay Honeck wrote:
There was a national debt of 3.7 trillion in the late '70s? Nope. Just like the sub-prime mortgage lending debacle, our national debt WILL collapse. It's as inevitable as sand through an hourglass. What makes me sick is that both the Democrats and the Republicans (formerly the "balanced budget champions" of my youth) now run up the deficit as a matter of course, but feel it necessary to blame each other for the problem. Actually, the only difference between the two parties is the *reason* they run up the debt. Democrats blame the war, Republicans blame "entitlements" -- but neither side has ever seen a tax they didn't adore, or a spending program they wouldn't hump dry. I say throw them all out, and start over. I'm game, but it will never happen. Remember the old quote about the fatal flaw of democracy: Scottish professor Sir Alex Fraser Tytler (1714-1778) of the University of Edinburgh: "A democracy cannot exist as a permanent form of government. It can only exist until the voters discover they can vote themselves largess from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury, with the result that a democracy always collapses over loose fiscal policy, always followed by dictatorship." And I think we are in the next to last stage outlined he http://www.apatheticvoter.com/Articl...emocracies.htm Nobody will vote out THEIR congress critter as then someone else would get more of the money. Everyone wants someone else to vote out their congress critter first. Matt |
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On 11-Nov-07 6:11, Matt Whiting wrote:
Jay Honeck wrote: There was a national debt of 3.7 trillion in the late '70s? Nope. Just like the sub-prime mortgage lending debacle, our national debt WILL collapse. It's as inevitable as sand through an hourglass. What makes me sick is that both the Democrats and the Republicans (formerly the "balanced budget champions" of my youth) now run up the deficit as a matter of course, but feel it necessary to blame each other for the problem. Actually, the only difference between the two parties is the *reason* they run up the debt. Democrats blame the war, Republicans blame "entitlements" -- but neither side has ever seen a tax they didn't adore, or a spending program they wouldn't hump dry. I say throw them all out, and start over. Maybe its less about the parties and the reputation attached to them, and more about people on the top and their teams? I read Alan Greenspan's comments about Clinton and his fiscal discipline. There was this democratic government, making actually profit, what a concept, and as a sideline, spoiled its own legacy by personal misbehavior of its leader. In a long run I always prefer the team with the eye on the ficus, the rest is barely a sideline. Thomas I'm game, but it will never happen. Remember the old quote about the fatal flaw of democracy: Scottish professor Sir Alex Fraser Tytler (1714-1778) of the University of Edinburgh: "A democracy cannot exist as a permanent form of government. It can only exist until the voters discover they can vote themselves largess from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury, with the result that a democracy always collapses over loose fiscal policy, always followed by dictatorship." And I think we are in the next to last stage outlined he http://www.apatheticvoter.com/Articl...emocracies.htm Nobody will vote out THEIR congress critter as then someone else would get more of the money. Everyone wants someone else to vote out their congress critter first. Matt |
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Wolfgang Schwanke writes:
The argument is flawed because it rests on a number of wrong assumptions. It has worked historically. |
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Mxsmanic wrote in
: Wolfgang Schwanke writes: The argument is flawed because it rests on a number of wrong assumptions. It has worked historically. You're an idiot. Bertie |
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In article , Wolfgang Schwanke
wrote: From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury, The argument is flawed because it rests on a number of wrong assumptions. such as? with the result that a democracy always collapses over loose fiscal policy, always followed by dictatorship." The German democracy collapsed after a period of very strict fiscal policy and fierce welfare cuts. Hitler took over a debt free government. Note that loose fical policy is not the only possible cause of a collapse of democracy. Hitler took over a country desperate to overcome the humilitation of WWI -- Bob Noel (goodness, please trim replies!!!) |
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In article , Wolfgang Schwanke
wrote: Bob Noel wrote in : In article , Wolfgang Schwanke wrote: From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury, The argument is flawed because it rests on a number of wrong assumptions. such as? 1. That the majority of voters will decide on egoistic motivations over other considerations That does not appear to be a false assumption 2. That politicians actually do what they promise before elections What? A politician that lies? ;-) You don't have to listen to the lies, just look at the voting record. Very few politicians in the USA get re-elected without bringing more and more pork to their home districts. 3. That pro-welfare policies will always be implemented without also rising the taxes That is not an assumption in play here. In fact, you can count on the taxes being raised ("for the children") to pay for all the spending and spending and spending and .... -- Bob Noel (goodness, please trim replies!!!) |
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