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Elected Leaders Destroying the Wealth of the Nation

"We must not let our rulers load us with perpetual debt."
 
-- Thomas Jefferson, letter to Samuel Kercheval, 1816                                       

Doesn’t that make you feel all warm and fuzzy now that our nation is in debt for $16 trillion we can never pay? We could rephrase that statement and ask the question today: “How do we keep our rulers from burdening us with additional irreconcilable debt?” It is apparent they, the elected, are incapable of doing it themselves so the only choice is that we vote them out of office and give them the opportunity to manage their personal budgets, not ours. They have shown no will to exercise good judgment over the taxpayer’s dollars. 

They are also destroying the wealth of the nation. Cash for clunkers immediately comes to mind. That one act single handedly destroyed billions upon billions of dollars. Those billions were assets of our nation and almost destroyed the used car industry. All thrown away as if it was yesterday's newspaper. If you couldn't afford a new car...you were simply out of luck. Hyperinflation will eventually settle in devaluing the dollar even more and making it virtually impossible to sustain any semblance of the life we have now. You cannot divest trillions of dollars into the economy and not expect these repercussions; it is inevitable. Those dollars will become worthless pieces of paper.  

Come November you should know what to do. When it comes to those in office: Keep angry! Keep watch! Keep score! Keep involved! Keep voting, just not for them. 

Steve Ramey
-- 
American, USMC Vietnam veteran and Freedom lover             
10 October 2012                                                                                           Semper Fidelis et Vigilo! 

Tammy Osier

9:02 pm on Wednesday, October 10, 2012

Steve, at what point and time did our senators start making 6 figure salaries/ Most of the people I know that work the hardest, are th ones that make the least, yet they love their jobs and that's why they are so dedicated. Firemen come to mind. They make so little, yet they are so dedicated. Many other professions do the same. Once upon a time our elected officials workded regular jobs and then got paid to represent the people. Then they went back to their lives as citizens. How did we lose that?
We went from that to nancy pelosi demanding a private jet. Good grief.

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STEVE RAMEY

9:27 pm on Wednesday, October 10, 2012

Hi Tammy. It is much like the "takers" in our society that abuse the welfare system. I read earlier of a grocery cashier that has numerous people come to her register daily with one (1) grape. She weighs the grape and the price is 2 cents. The shopper slides her EBT card through with numbers keyed in for $25.00. The cashier then provides the welfare queen with $24.98. She will continue to vote for those that give her "free stuff".
In the same way, both senators and representatives found out that they would more than likely be re-elected over and over again. With this in mind and knowing the public was too lazy to keep up with their behavior, they began to reward themselves. Knowing they have the monies from lobbyists to get re-elected it progressively got worse. Waging a campaign against a U.S. Senator can easily run $8-10 million.
They also have the ways to get info on trading, commonplace in DC, that would place you and me into prison.
The answer is morality or lack therof. We need a culture shift back to the basic principles of the Commandments.

Tammy Osier

9:35 pm on Wednesday, October 10, 2012

Is thre anything that can be done about it to get it changed?

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STEVE RAMEY

7:15 am on Thursday, October 11, 2012

As you can tell by the lack of response no one, save a few, wants to make the effort necessary to save this naton! Are you attending our next meeting?

STEVE RAMEY

10:43 pm on Wednesday, October 10, 2012

Stay involved as much as possible. We cannot expect someone else to do it for us. That is much of our problem now. We depended on our schools to teach our children right from wrong. The problem was the teachers were not allowed to do so even if they knew themselves the difference. We must maintain the attitude; If not now, then when? If not here, then where? If not me, then who? Get others involved. Easier said than done but never stop. Lead by example! A change of culture must be spread the same way the decay of our society began, by teaching what is right not what is okay to get by with. We have taken morality out of our schools, government buildings and virtually every place except the church. If it feels good...do it. Mega churches are sprouting up because they (not all) say what people want to hear not always what the Bible says. We need to witness at every opportunity for God and country.
If the first four priorities of your life is not God, country, family and conservativism for our republic and its laws, you need an adjustment to your thinking. Changing our culture is a monumental undertaking but nothing notable is ever easy.

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Kenneth Stepp

8:46 am on Thursday, October 11, 2012

Steve
You make valid points. This nation has been robbed. Many others have too. John Perkins, The Economic Hitman, comes to mind. If you Google him, simply exchange the loans he forced on countries for derivatives. Lobbyists with bottomless pockets and unending influence, the lack of term limits, real oversight, and buying votes. It is a complex problem that requires layered and immediate solutions. I'm not smart enough to know how to fix the damage or even stem the tide, but if we choose to continue on this path stopping entitlements, spending, and endless wars will stop themselves for lack of resources. Nothing lasts forever, not even our fiat currency system. America has a disease and needs surgery. Cutting will be painful. Allowing it to go on until it stops itself will be catastrophic and cost tens of millions of lives that do not have simple skills because they've been "taken care of". Math always wins eventually. Getting back to a constitutional financial system would be a great place to start.

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lee kellogg

9:13 am on Thursday, October 11, 2012

If you state that cash for clunkers lost billions and billions of federal dollars, you ought to show where and how those figures were obtained. Inflation has been under control for awhile now. What figures indicate to you that a change to hyper inflation is on the horizon? And how far away do you see that horizon?

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The Dish

11:12 am on Thursday, October 11, 2012

I got this for you Steve.

Mr. Kellogg, please re-read Mr. Ramey's words and stop trying to put words in his mouth so they will play along with your narrative. I'll make it easy for you so you don't even have to scroll back up to the original article:

"That one act single handedly destroyed billions upon billions of dollars." Funny, I don't see anything about FEDERAL dollars in that statement.

And if more explanation is needed......just because the Federal Government issues the money, that doesn't make it all theirs.

On the inflation issue......have you bought anything in the last year? Enough said.

STEVE RAMEY

9:23 am on Thursday, October 11, 2012

I'm sorry Lee but your question is not valid enough to be worthy of an explanation.

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Crystal Huskey

10:21 am on Thursday, October 11, 2012

Haha, give it a shot Steve! I do like Lee's last question. How far away do you see that horizon?

Karsten Torch

9:58 am on Thursday, October 11, 2012

Steve, I disagree with your premise that the cash for clunkers program did no good. I mean, it did get rid of a large number of the 2008 Obama stickers.....

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STEVE RAMEY

11:29 am on Thursday, October 11, 2012

Crystal, the automobiles destroyed. All the engines were ruined so the parts could not be recycled (strange coming from a green president). All fenders, doors, radios, hoods, trunk lids, wheels, tires, radios, transmissons, etc., were all completely destroyed. It put many used car dealers out of business. Many people have a low opinion of used car dealers but ther are small business owners and hire people to work on their cars helping the economy. The repair business increased the cost to customers infinitely by having to buy new parts.
Over the years my company cars have been new but my personal cars were purchased used. I could never bring myself to drive a new car off the lot and lose $5-6K. Obama almost destroyed a whole industry singlehandedly with this move.
Lee, do you know what fiat money is? Didn't think so. Well, bottom line is our money is printed without anything to back it up except our word. Previously, money printed was back by silver or gold bullion making it worth the amount on the bill. Have you noticed over the last three years groceries groceries have doubled? Have you been to Publix and seen the $14.99 per pound T-bones? Did you know that Halibut is close to $35.00 per lb? That is virtually double from 3 years ago and it is called inflation. If diamonds were like gravel do you think they would be valuable? The more readily available a substance is the cheaper it becomes. Printed paper is not worth very much. When China comes calling, watch out!

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George Wilson

11:30 am on Thursday, October 11, 2012

@Steve Ramsey
"We must not let our rulers load us with perpetual debt" byThomas Jefferson
Thomas Jefferson died on July 4,1826 with over $100,000 dollars in personal debt an enormous sum for that time.

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Karsten Torch

12:05 pm on Thursday, October 11, 2012

Personal debt is different from public debt. I take on my personal debt voluntarily. I take on public debt at the point of a gun.

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R++ - One of the famous "Dacula Crew"

1:15 pm on Thursday, October 11, 2012

@George

The fact you posted above about Jefferson could make him an expert on the ramifications of too much debt from first hand knowledge in some circles...

Karsten Torch

12:02 pm on Thursday, October 11, 2012

You know, the other thing to keep in mind that is right now what we have in Bernanke is somebody desperate to keep their job. Romney's already said that he's gone if he gets elected, so it seems that Bernanke doesn't really care how he affects our economy, as long as he can do what he needs to do to make the economy look as rosie as possible for Obama to stay in.

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lee kellogg

12:03 pm on Thursday, October 11, 2012

Not such a great answer. Not an answer at all. Show where you got the billions and billions of dollars. If you have no credible source for your facts, just say, sorry, I didn't say what I meant, I just think what I wrote but have no real evidence. Or, like Mr Etch-o-Sketch, are you making stuff up, then denying it afterwards. For instance, I was pleased to hear Mr Romney say he wouldn't change the existing abortion law; Roe vs Wade. I'm sure that thrilled you too.

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lee kellogg

12:13 pm on Thursday, October 11, 2012

Oh, and that China thing; the Chinese buy our debt because it is the most reliable debt in the whole wide world. They wound't buy it if it wasn't, they'd buy something else as an investment. They can't call in the debt and destroy the world. That's a teapart fiction. They'd be crazy to do so if they could. Our economy is the strongest in the world. Not, as you say, as strong as it was 12 years ago, but a growing one. For example, the lower number of people applying for unemployment benefits is one of the best indicators of growth. That means fewer people are losing jobs. Or the lower number of foreclosures nationwide. Could the price of t-bone steak have anything to do with the price of feed, or drought? What about the rate of inflation as measured by every government, Democratic or Republican? Why not use that? It's been around for a long time and if there is a conspiracy, it's been a unilateral one.

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Karsten Torch

12:23 pm on Thursday, October 11, 2012

Lee, you're missing a key point of what you're saying. When you say there are less people applying for unemployment benefits, you're half right. There are less. That number has to slow eventually, or the unemployment rate would keep going up. What we've done is basically levelled off. Over a course of three years. But the only reason the unemployment rate has come down is because so many people have just left the work force. There are less people working currently, and lots of people have given up looking for work. These are the only reasons this president has seen any drop in the rate. If our workforce was still the same size it was three years ago (it should be higher, given population growth, but it isn't) then we'd be over 11%.

Same thing with foreclosures. Have to run out eventually. That, and the overload of properties is keeping banks from having the means and manpower to foreclose on any more homes.

The drought has affected prices only these past few months. We have had significant price increases before then.

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R++ - One of the famous "Dacula Crew"

1:29 pm on Thursday, October 11, 2012

@Lee

Have the recent events surrounding the real estate market had ANY impact on a position of unending borrowing? Do you foresee NO conditions under which fortunes could change, just like they did for so many property owners BUT this time on a national government scale?

Or do you honestly believe that the FED can continue forevermore under QE eternity? (Like the Rocky movies series)

Since the unemployment numbers are based on those collecting unemployment payments, don't the numbers drop as soon as all weeks an individual qualified for are exhausted? They don't qualify for a new claim by the way.

Remember not all people who lost jobs qualify for unemployment to start with.

STEVE RAMEY

12:59 pm on Thursday, October 11, 2012

Mr. Kellogg, I'm not sure if you are school age or not. If you are still in school I strongly suggest you hit the books a little harder. If you are an adult, give me your general location and I will find a library for you to catch up to the level of conversation being held here.
Personally I am against abortion but my rights end there. I cannot tell a person what to do with their body but I would speak to the preservation of life except in the case of rape or incest. I'm sure either crime was hideous enough for the victim. I could not insist they keep this memory of torment inside them for 9 months if it caused additional mental anguish.
I haven't made anything up nor have I change what I said. I am not your neighbor in La-La Land. I am dealing in facts that you cannot fathom.

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C.J.

2:00 pm on Thursday, October 11, 2012

Re: "[Our rulers] are also destroying the wealth of the nation. Cash for clunkers immediately comes to mind."

A little perspective is in order. Cash for Clunkers, admittedly a bad idea given that it didn't significantly reduce carbon emissions or stimulate the economy, cost about $3 billion (one time), give or take. That's a lot of money, to be sure. But a lot of money compared to what?

* We spend, give or take, $4 billion every year subsidizing oil companies
* The debacle in Iraq cost us over $800 billion.
* The Bush tax cuts have, to date, reduced revenues by over $1.1 trillion (note: 1 trillion = 1,000 billion).
* The Pentagon spends about $530 billion per year (that amount doesn't include $8 billion per year for defense related activities, whatever that is).
* We spend nearly $18 billion per year to maintain our antiquated nuclear weapons arsenal.

Now, keep in mind that Romney's tax proposal would make the Bush tax cuts permanent and then put them on steroids by cutting rates by another 20 percent plus eliminate the estate tax which, in 2012, is paid by couples only after they inherit $10 million. He simultaneously seeks to increase defense spending by, give or take, $200 billion per year by setting a floor on such spending, regardless of need (i.e., if the economy grows, defense spending automatically grows with it).

I'm sorry, but you can't claim to care about balancing the budget while simultaneously supporting a candidate with a plan like that.

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George Wilson

2:21 pm on Thursday, October 11, 2012

Conservatives, Tea partiers, Republicans all keep on beating the dead horse of debt. One more time, the Republicans under Bush started two wars, instituted the drug Medicare drug progam, and continued deregulations without oversight of the financial industry, and had tax cuts for the wealthy. This started the debt buildup before the great crash. Obama takes office with over 800000 jobs being lost per month and a financial meltdown in process. We had to spend money to stabilize the economy and stop a great depression and the ruin of this nation. Did we spend enough? I don't think so but I think Obama got all he could politically. Has it worked? Yes. Are we better off? Yes. Have the Republicans helped? No. They have been real obstructionist to further improvements .Do we trust Republicans to handle the economy? No. Have the Republicans talked about cutting spending of a bloated and wasteful defense budget? No.Have the Republicans talked about cutting corporate welfare and tax breaks for the wealthy? No. Are we on the right path with Obama? Yes

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Chris

3:29 pm on Thursday, October 11, 2012

George says... " One more time"

Is that a promise?

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R++ - One of the famous "Dacula Crew"

1:04 am on Saturday, October 13, 2012

@ George
Please remember at least one of your "wars" above was started by people flying planes into buildings, so UNLESS you hold the position that BUSH did it - DROP that talking point.

TOO many people have suffered and are still suffering today for THAT to be glossed over ANY more ANYWHERE...

lee kellogg

2:28 pm on Thursday, October 11, 2012

Dear Mater Ramey,
Billions and billions of dollars literally means a number beyond trillions which you obviously cannot comprehend. 3 billion does not = billions and billions. Plus, if CJ's accounting is not inclusive of the benefits to automobile companies through the sale of new cars and the benefits to used car dealers, and the resulting tax benefits to state, local, and federal governments then the 3 billion is even less and may well equal a plus for the economy. I know it's hard for some folks to deal with math. However, and once again, if you can show me a reliable source for the billions and billions of dollars lost to the federal government in the cash for clunkers program, I will happily post, oh, you were right, you didn't just make up a number you thought would frighten the locals. If you have a blog in public space, it would seem reasonable that you could back up your claims. I haven't seen any of that.

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C.J.

2:58 pm on Thursday, October 11, 2012

See the links below for differing views on the success of the program.

"Cash for Clunkers: Better than we thought": http://money.cnn.com/2010/03/09/autos/clunkers_analysis/index.htm

"Was ‘cash for clunkers’ a clunker?": http://www.washingtonpost.com/blogs/ezra-klein/post/was-cash-for-clunkers-a-clunker/2011/11/04/gIQA42EhpM_blog.html

Either way, relative to the overall budget, the one-time cost of Cash for Clunkers amounts to the equivalent of a McDonald's value meal for you and me. It has nothing to do with, nor adequately illustrates, the main drivers of our deficits.

If people get distracted by nickel-and-dime issues like Cash for Clunkers and Big Bird, then they're allowing themselves to be distracted from the big picture. The truth is that we could easily eliminate the long-term deficits while growing the economy...but not by putting the Bush tax cuts and military spending on steroids.

Sherilu

2:41 pm on Thursday, October 11, 2012

"Cash for Clunkers" was a huge success. It got rid of old cars and trucks that produced carbon. People had to get vehicles that got a certain percent more gas mileage. My daughter traded in a 1991 Ford 150 for a Dodge Van. It was good for everyone involved and the atmosphere to boot! Mr. Ramey made the statement "If you couldn't afford a new car you were out of luck". I don't know what that means. As far as I know, no one was forced by buy a new car if they didn't want one.

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R++ - One of the famous "Dacula Crew"

3:06 pm on Thursday, October 11, 2012

Atmosphere? Really?
Not using electricity to access the internet would help there too right?

What about all the subassemblies that could have been available to cost effectively repair other F150s, you realize they could have been used on many older and NEWER models too right? What about body shops whose workers were idled as repair costs went up? On a grander scale, the used car market did take a hit in available stock to sell reasonably. Along with all the associated detailing business that went away

While I’m glad you personally could make lemonade for your family from the lemon
program itself, like someone said elsewhere it’s only a few BILLION.
(So it doesn’t really matter)

GEE as a boss, can I short your weekly or biweekly paycheck by let’s say 3 to 7 percent, you won’t miss it - Right?

Until folks realize that the 16 TRILLON plus is made up of a whole lotta little millions and BILLIONS we won’t get anywhere.

Like the JG Wentworth tag line says:”It’s YOUR money, use it when YOU need it!”
QE (insert round number here) Forever!
Easing, it beats WORKING and even sounds friendlier too doesn't it!

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Brian Crawford

4:27 pm on Thursday, October 11, 2012

The Edmunds study was thoroughly discredited by the NADA's chief economist. Outside of the FOX alternate universe the CFC program was widely considered a success. Total cost to tax payers was $3 billion, not billions and billions, and every dollar was money well spent. http://www.theautochannel.com/news/2009/11/03/483607.html

Brian Crawford

4:40 pm on Thursday, October 11, 2012

When I hear folks railing about our national debt I wonder where they were when Reagan and Bush were tripling and doubling our debt respectively. In fact Bush inherited budget surpluses and turned them into the largest deficits in history. I agree we should vote those responsible out of office. Start with Paul Ryan who voted for every Bush program that contributed to this mess and continue with every Congressman who voted with him.

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STEVE RAMEY

4:57 pm on Thursday, October 11, 2012

It is true the feds handed out $3-4 Billion. Has anyone stopped to think of the wealth in the sense that these vehicles were worth $3 or 4 thousand each on average. If part used for parts, much more than that. Depending on which report you are perusing anywhere from 125,000 to 542,000 cars were sold. Let's say it was really as successfule as Obama would have you believe and 542,000 new cars were sold. At the minimum rate of $3,000.00 each we destroyed $1,626,000,000.00 of wealth. (Lee, that is One billion, six hundred twenty six million dollars) These cars could have been loaded on ships taken to foreign ports (especially the middle east) and sold for 2 or 3 times their U.S. value. When you combine the two numbers you are looking at over $5 Billion not counting job losses, lost tax revenue and company closings. Any way you look at it our government has no concept of free enterprise and have not a frugal bone in their collective bodies. (Collective can be used in numerous ways to describe them)
By the way, Sherilu, I can afford a new car I choose not to. For those without the ability to buy a new car i guess they walk. When you pass them by please wave.

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Brian Crawford

8:24 pm on Thursday, October 11, 2012

I'm having a hard time following your logic but why guess at a number? As a taxpayer funded program there was rigorous accounting at work. The reported number of vehicle sales, confirmed in this GAO study, was 677842. Pretty impressive considering the tightfisted mood of consumers at the time. There seems to be little doubt that the program was successful in that it met it's primary goals of providing economic stimulus and lowering gas consumption. How successful? Only time will tell but the US auto industry is in far better shape today and we are much closer to energy independence thanks in part to CFC. On top of all that we got lower Carbon emissions to boot. http://www.gao.gov/new.items/d10486.pdf

I'm also unaware of any job losses or company closings caused by CFC. Used car dealers exist to serve the non-credit worthy. I can't imagine many of their customers qualified for CFC.

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R++ - One of the famous "Dacula Crew"

9:26 pm on Thursday, October 11, 2012

You mean the US, Italian, European and Chinese auto industry don't you?

We really don't have a US AUTO industry, maybe a Division but NOT an industry.

STEVE RAMEY

5:07 pm on Thursday, October 11, 2012

The Food Stamp Program, administered by the U.S. Department of Agriculture, is proud to be distributing this year the greatest amount of free Meals and Food Stamps ever, to 46 million people.

Meanwhile, the National Park Service, administered by the U.S. Department of the Interior, asks us "Please Do Not Feed the Animals." Their stated reason for the policy is because "The animals will grow dependent on handouts and will not learn to take care of themselves."

This ends today's lesson in irony.

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C.J.

5:30 pm on Thursday, October 11, 2012

The lesson in irony for me arises out what some choose to get outraged about versus what they choose to ignore (notice "$6.6 billion in cash" in the third paragraph)--

"After the U.S.-led invasion of Iraq in March 2003, the George W. Bush administration flooded the conquered country with so much cash to pay for reconstruction and other projects in the first year that a new unit of measurement was born.

Pentagon officials determined that one giant C-130 Hercules cargo plane could carry $2.4 billion in shrink-wrapped bricks of $100 bills. They sent an initial full planeload of cash, followed by 20 other flights to Iraq by May 2004 in a $12-billion haul that U.S. officials believe to be the biggest international cash airlift of all time.

This month, the Pentagon and the Iraqi government are finally closing the books on the program that handled all those Benjamins. But despite years of audits and investigations, U.S. Defense officials still cannot say what happened to $6.6 billion in cash — enough to run the Los Angeles Unified School District or the Chicago Public Schools for a year, among many other things."

http://articles.latimes.com/2011/jun/13/world/la-fg-missing-billions-20110613

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C.J.

5:40 pm on Thursday, October 11, 2012

More irony to the tune of about $10 billion--

"The three top auditors overseeing contract work in Iraq told a House committee of $10 billion in spending that was wasteful or poorly tracked. They pointed to numerous instances in which Defense and State department officials condoned or otherwise allowed poor accounting, repeated work delays, bloated expenses and payments for work shoddily or never done by U.S. contractors."

http://www.msnbc.msn.com/id/17168266/#.UHc8ka7dHn4

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C.J.

6:20 pm on Thursday, October 11, 2012

Connecting my two previous comments with events of the day, note that Presidential candidate Mitt Romney seeks to put a floor on Pentagon spending (a spending floor is the opposite of a spending cap), estimated to cost taxpayers approximately $2 trillion dollars over ten years. He simultaneously draws a "red line" on Iran's nuclear energy capability demonstrating his determination to get us into yet another misbegotten war sooner rather than later--despite the fact that it would take Iran years to construct a nuclear-armed missile.

http://www.reuters.com/article/2012/10/02/us-nuclear-iran-bomb-idUSBRE8910JW20121002

With due respect to conservatives, wasteful Pentagon spending is still wasteful spending. So, it's hard to take complaints about deficits seriously from people who seek to dramatically increase such spending--especially when they're doubling down on the Bush tax cuts by adding more tax cuts into the mix.

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George Wilson

8:13 pm on Thursday, October 11, 2012

@Steve Ramey
Forty six million people are on food stamps because of the policies of the Republican Bush administration but we are working hard to reduce this number with a slow but steady reduction in unemployment. A person has to be completely blind to not notice the long lines that appear at companies that are hiring. Proud hardworking people that through no fault of their own are out of work but want a job. The obstructionist, reactionary Republican congress should be ashamed that they are contributing to this continued mess. You should be equally ashamed of your remarks.

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R++ - One of the famous "Dacula Crew"

9:33 pm on Thursday, October 11, 2012

@ George you're absolutely right about long lines at the few companies that are hiring. The ratio is what 100 to a 150 applicants per position available? You're right it could be worse, likely right around the end of QE. (pick your number)

George Wilson

8:54 pm on Thursday, October 11, 2012

@all
Jobs: More than 4,500,000 jobs added in 27 consecutive months of job growth.

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Chris

9:27 pm on Thursday, October 11, 2012

George, does that mean more people are working today than were working before Obama took office? Go ahead now. You can say it. Starts with an N. Ends with an O.

NO!!!

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Karsten Torch

1:18 pm on Friday, October 12, 2012

Chris, but there ARE less people looking for work now. Because they're getting frustrated at this slow-ass growth and giving up. But yeah, we're doing great right now.

STEVE RAMEY

12:24 am on Friday, October 12, 2012

George, you are right. I am ashamed. I'm ashamed that our educational system enabled you to leave school without teaching you the basic principles of math, economics and obviously no civics classes, but I am not ashamed of speaking the truth about the Obama administration.
If you wonder where my info comes from...it is my job (I'm the owner) to call HR Managers of companies, approximately 50-70 per day, all over the nation to sell "RECRUITMENT" advertising. The response I get everyday is a multiplicity of answers but the one constant is: We are laying people off, We are downsizing, Our company is going out of business, We are waiting to see how Obamacare is going to affect our bottomline before we hire any additional people but the answer is probably going to be NO! Sometimes it is call me back after the election. The brave ones will tell you that if Obama is elected they are not sure they will have a job.That's 250-350 companies each week. Since Obama took office my business is down 60%!!!
If you believe in Obama's plan so much, you should use him as a role model. I would like you to go out tomorrow, sell all your assets, take out all your savings and invest in Solyndra. I hear you can really make a killing especially if you donate millions back to Obama. Then as one who believe in sharing the wealth, you can come back and help us po' folks out. Don't speak to me of shame unless you are following your masters lead! If you are not willing...sit down and shut up!

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George Wilson

2:28 pm on Friday, October 12, 2012

@Steve Ramey
You could call it George W. Bush's and the Republicans' Solyndra, a company called Range Fuels.
Instead of claiming to turn cylindrical solar cells into energy, Range Fuels said it would squeeze fuel out of woodchips. We learned the government has liquidated this failed, heavily subsidized undertaking.
Range Fuels a cellulosic ethanol company backed by as much as $156 million in U.S. loans and grants from President George W. Bush’s administration, is being forced by the government to liquidate its only factory after failing to produce the fuel.
To turn wood chips into ethanol fuel, George W. Bush's Department of Energy in February 2007 announced a $76 million grant to Range Fuels for a cutting-edge refinery. A few months later, the refinery opened in the piney woods of Treutlen County, Ga., as the taxpayers of Georgia piled on another $6 million. In 2008, the ethanol plant was the first beneficiary of the Biorefinery Assistance Program, pocketing a loan for $80 million guaranteed by the U.S. taxpayers.
Republicans who have lathered the subsidies on Soperton and celebrated them -- Gov. Perdue, President Bush, Sens. Johnny Isakson and Saxby Chambliss. "

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George Wilson

2:31 pm on Friday, October 12, 2012

@Steve Ramey
Those are just excuses a good saleman makes more calls and overcomes objections.You need to work harder.

Brian Crawford

7:24 am on Friday, October 12, 2012

Let me try this again. So Steve, where was all of this outrage when Republican administrations (Reagan and the Bushes) were doubling and tripling our debt?

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lee kellogg

8:51 am on Friday, October 12, 2012

Steve, you had a good point about more being done to recycle the clunkers. And I'll accept your math, but why did you stop mathing at there? Take the number of cars traded in, Brian's number is more accurate, but whatever. Multiply that number by say $18,000, which is an arbitrary guess on my part as to the price of a new car. That much money went to support the American, and to some degree, the world economy. You realize the world economy is interconnected? That number, far larger than the government expenditure, is economic growth. You might object to the government helping the American economy, which in real terms is the American people, but I don't. Do that math and see if you don't agree with me, car dealers, salespeople, the union workers, management workers, their families, their banks, their landlords, their tenants, the businesses in and around their vacation spots, who put that money to good use. Sadly, your posting that someone should shut up is the first time I've read such a thing on Patch. Most, but by no means all, of the insults and sophomoric snark comes from the conservatives who post here, but that seems unnecessary.

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STEVE RAMEY

10:12 am on Friday, October 12, 2012

Brian, If you are a Georgian as I am, you remember the embarassment of Jimmy Carter. Actually, he still is. He had gutted our military, sent interest rates to 21% and most of the world was laughing at us. He also started that wonderful world call the Department of Energy with 16 people because he wanted to reduce the 40% of crude we were importing at the time. Today the Dept. of Energy has 16,000 employees and contract out to over 12,000 contractors and we import 70% of our oil. How does that work out for you? There was no question Reagan put people back to work and brought more money into the coffers. We still had to rebuild the military and regain our reputation as being THE world power. That was a must do spend for the life of our nation which broke the USSR's back.
If the economy was down and 27 million Americans were unemployed/underemployed there would have been great consternation as there is today. The only time in recent years was during the Clinton years when we had a Republican speaker (not squeaky clean) but strong on budget. We all know the house originates all spending or did until the last few terms ago when presidents began to circumvent the Constitution. Obama is not the only one but the major one and the current one that's causing the pain. In most cases it take both houses to either increase or decrease spending. We need a leader to guide these two into agreeing on deep cuts to Depts of Energy, Education and EPA. We can run our schools at state level.

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Brian Crawford

1:10 pm on Friday, October 12, 2012

I always thought Carter got somewhat of a bad rap but that's another conversation. The DOE however was one of Carter's better ideas. It helped streamline the federal government by consolidating parts of 11 different government agencies eliminating redundancies and simplifying regulations. I have no idea where you came up with "he started the DOE with 16 people", but that is not even close to reality. One of the primary functions of the DOE is maintaining our nuclear arsenal so I would say those 16,000 employees are doing some pretty important work.

I'm not sure where you were during Reagan's first term but the average monthly unemployment during his first 4 years was 8.7%, only slightly better than Obama's 9.06%. Reagan also had the benefit of a bi-partisan Congress that helped create nearly 1.4 million government jobs during his administration.

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Rex Smithers

1:41 pm on Friday, October 12, 2012

Yea Brian. Carter got a bad rap. Laughable. The guy is a frickin moron just like Obama who you worship today. A couple of white flag waiving idiots that have no clue how to improve our economy.

Michael k

12:43 pm on Friday, October 12, 2012

Steve,
I'm not going to critique all of the statements you've made throughout the posting and thread as there is not enough time.

I'll focus on your business of selling recruitment advertising. If you've been doing this type of work for any length of time (cold calling/telesales any type of product or service) you know the effort can often be compared to pushing a rope. If you are trying to sell recruitment advertising during a period that is described as the greatest financial crisis since the great depression.....

1. If you were being honest you would admit that the causal factor of the decline was not the election of the President, instead it was the onset of the greatest financial crisis since the great depression.

2. If you want to blame someone besides yourself, how about Mitch McConnell saying in November 2010, "The single most important thing we want to achieve is for President Obama to be a one-term president".

He wasn't real concerned with the struggles of your business.

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STEVE RAMEY

2:46 pm on Friday, October 12, 2012

George, I forgot more about work in my sleep last night than you will ever know!
Michael k. I'm still making a good living. I don't know anything about pushing ropes but it seems you do so push onward. By the way, I DID BUILD MY BUSINESS and Nobama didn't have a freaking thing with building it but did help slow it down. Don't question my honesty!!!!

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Brian Crawford

3:07 pm on Friday, October 12, 2012

I see you've justified Reagan's deficit spending as a means to build a stronger national defense. Wouldn't it have been wise to have a plan to pay for all of that defense spending? If your plan was to increase spending, why would you cut taxes at the same time? Where was your outrage at that? How about Bush's profligate deficit spending?

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C.J.

3:24 pm on Friday, October 12, 2012

I want to make something clear about conservatives that I don't think they even know about themselves. They don't care about deficits. I'll repeat. Conservatives do not care about deficits.

Actions speak louder than words, and deficits didn't bother conservatives when Reagan was running up the debt, Bush 41 was running up the debt, or when Bush 43 turned surpluses into deficits. Nor do they care about deficits (while saying they do) when supporting a presidential candidate who has posted promises on his website that will add nearly $7 trillion to the national debt over ten years (not including the hundreds of billions that would be added by making the Bush tax cuts permanent for people making over $250,000). There aren't enough deductions and loopholes to come anywhere close to filling that gap (unless you raise taxes on the middle class).

Conservatives can say that they want lower taxes and increase defense spending, or they can say that they want to balance the budget...but they can't have both. And when push comes to shove, they'll take lower taxes, misbegotten wars, and wasteful defense spending over balanced budgets any day.

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Michael k

3:41 pm on Friday, October 12, 2012

Steve,

Isn't it a very un-conservative thing to do to blame your lot in life on someone besides yourself?

You built that. So that must mean you also ran it into the ground by 60% over the last 4 years.

Seems to me you are trying to have it both ways. Your success is all your own. Your failure is someone else's?

Isn't that what the 47% are guilty of? Blaming their lot in life on external forces? Are you the 47%?

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George Wilson

4:11 pm on Friday, October 12, 2012

Michael
Excellent comment.
Steve did devote some time to run in the Republican primary against Senator Bob Balfour the guy who couldn't keep correct expense reports and tried to beat the state out of hundreds of dollars.Steve lost by a big margin running against a crook.Maybe because of Steves extremist views.The crook however, will probably be reelected in the general election which says something about the virtues of gerrymandering and Republicans.

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George Wilson

4:20 pm on Friday, October 12, 2012

Steves' comments remind me of a man who jumped on a horse and rode off in all directions.The term is "Gish Gallop".You might want to google.

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C.J.

4:37 pm on Friday, October 12, 2012

The Gish Gallop: The debating technique of drowning the opponent in such a torrent of half-truths, lies, and straw-man arguments that the opponent cannot possibly answer every falsehood in real time.

The gallop is often used as an indirect argument from authority, as it appears to paint the "galloper" as an expert in a broad range of subjects and the opponent as an incompetent bumbler who didn't do their homework before the debate. Such emphasis on style over substance is the reason many scientists disdain public debates as a forum for disseminating opinions.

http://rationalwiki.org/wiki/Gish_Gallop

(Thanks George. I learned something new.)

George Wilson

4:38 pm on Friday, October 12, 2012

@David
"In Internet slang, a troll is someone who posts inflammatory,extraneous, or off-topic messages in an online community, such as a forum, chat room, or blog, with the primary intent of provoking readers into an emotional response or of otherwise disrupting normal on-topic discussion."

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George Wilson

4:44 pm on Friday, October 12, 2012

@C.J.
Thanks have enjoyed reading your factual and accurate post.We need more truth in these comments instead of rehashed remarks from right wing radio talk radio.

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Rex Smithers

5:52 pm on Friday, October 12, 2012

Truth? You want truth? Here you go..
Romney Wins Georgia In 2012. Democrat votes make no difference. Bye Bye.

STEVE RAMEY

5:17 pm on Friday, October 12, 2012

George, At least i had the courage to ride. You wouldn't know the front of a horse but you are quite familiar with rear end because it describes you to a "T".
George, Tell us of all the great things you have done to make a difference in this world!
Michael k, Want to match incomes? At my worst I can do better than you!
Brian Crawford, If you had any sense of economics you would realize that by reducing taxes more people go to work actually placing more money into the federal coffers. Don't let facts get in the way. If you know how look it up you will see the coffers did rise during that time.

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Brian Crawford

5:59 pm on Friday, October 12, 2012

Really Steve? If your magical tax fairy theory were true then why did our national debt quadruple between Reagan and Bush 41 and then double again with Bush 43? They all cut taxes to some degree. I've presented you with nothing but facts. You don't seem to be the least bit interested in them.

Tammy Osier

5:34 pm on Friday, October 12, 2012

Steve, let me break that down where the simplest among us can understnd it. If you are working, then you pay taxes to the government? If you aren't working, then taxes are raised on those who are working to pay your way, but those people will put less into the economy therefore , the economy suffers?
Roger that.

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George Wilson

5:46 pm on Friday, October 12, 2012

@Tammy Osier and Steve Ramey
I would suggest that you read the books (13) from the author Barbara Ehrenreich especially "Nickel and Dimed" to better understand the issues you both talk about.

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Chris

9:53 pm on Friday, October 12, 2012

David, If George read these books, he read them twice. Does double vision count for twice? Mr. Boston Vodka is a terrible waste of $5.

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Tammy Osier

9:57 pm on Friday, October 12, 2012

Yes, David, let's ask him to expound on those books and tell us just how the economics in them make any more sense than common basic tried ane true economics. If they shape your world view then it explains a lot.

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Michael k

9:49 am on Saturday, October 13, 2012

Tammy - perhaps you can explain how that some of world's economies that are ranked higher than the US (Sweden, Finland, Switzerland, Netherlands) have higher effective corporate and personal tax rates, while another (Singapore) does not?

If it is a simple equation of:

lower taxes = better economy

why doesn't it apply to these economies?

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Michael k

9:56 am on Saturday, October 13, 2012

Steve,

Yours was an intellectually dim response to my last posting. Perhaps your business and political struggles can be explained after all.

Don't assume that those who disagree with you are not high earners. I could be a limousine liberal.

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STEVE RAMEY

7:59 pm on Saturday, October 13, 2012

At least i have a light burning.

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Karsten Torch

10:26 am on Sunday, October 14, 2012

Michael, on what scale are you coming up with the idea that these countries beat the US? In GDP, global competitiveness, we are the top of the heap....

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