Obama folds to Conservative Anti-Humanism--Cuts Energy aid to Poor

Originally posted by aravoth

Originally posted by inforeal
reply to post by aravoth

 

Our excessive debt was brought on by the BAILOUT OF THE RICH who got caught swindling people with phony credit and fraudulent securities, AND THE WARS OF 911

Not poor people!

Cant you people get that through your thick skulls!!!!!!!

The excessive debt was brought on by the excessive loans in the housing market. Re-writing history won't actually change it you know.

it was done by loaning fake money which did not exist on the balance sheets, then insuring that loan and then selling the housing note and the insurance risk
in a newly created market place created by deregulation AKA re-regulation

TOO - TOO much benefit was given to the LENDER without considering balance or the NEED for due diligence
and the desire on behalf of LENDERS to MAKE MONEY AT ALL COSTS, ethics be damned. Plus fools who
did not have grasp on their own financial situation and doubled down on the mistake

reply to post by Janky Red


You guys?

I didn't write these ridiculous rules. I didn't create the MBS or the derivatives market. I didn't collude with government to create an ownership society that wasn't sustainable through government fiat.

1/4th of all us mortgages are in negative equity. Here in Reno 68% of mortgages are in negative territory, in Vegas 88%.

This is NOT a success. Just because a few people managed to make out without too much trouble doesn't mean it was a solid system to work within.

I agree with you on the Clinton thing, effing moron should have known better, my guess is he probably did.

Stop trying to make it look like I'm some sort of witchhunt. It is the American government's pursuit of socialist policy that brought us the imbalances in the market. Government pumping money into the housing sector caused HYPERINFLATION in the housing market, the idea that this could have been sustained, even with Glass Steagall in place, is ridiculous.

When your 90,000 dollar home "appreciates" in "value" to 500,000 dollars in less than a decade that is hyperinflation, and we have crap policies and institutions that the government created, and Wall St. naturally gamed, to thank for it.

The problem as it stands with the current budget of the United States of America, is that the debt has grown in ways that no one is sure what all to do to solve the problems. Many would suggest that they stop giving tax cuts to the rich, and to tax them more, however, that is economic suicide as it is the rich that is keeping the economy going. They do pay the lions share of the taxes, give more in charitable contributions and heavily invest in businesses that tend to provide jobs and services that everyone benefit everyone in the long run. So what all to cut from the budget to allow for a reduction of the federal debt, and still meet the obligations that is required by law and contract.
The federal budget breaks down as follows, these numbers are out there on the net, and provided by the government:
20% of the federal budget is for defense and security, and about 715 billion.
20% goes right to social security, 708 billion paid out.
21% goes to the three health insurance, Medicare, Medicaid and CHIP: 753 Billion.
14% goes into the safety net programs, that provide aid to individuals facing hardships. These are things like the earned income and child tax credits. This also includes the SSI and unemployment insurance, various forms of in kind assistance.
6% goes to the interest on the national debt. This is not the principle, but the interest to pay the countries and people who the United States borrowed money from.
7% goes to benefits for federal retirees and veterans.
2% goes to scientific and Medical Research
3% goes to transportation infrastructure.
3% goes to education.
1% goes to Non-security international.
4% goes to all other federal expenditures.
So there is the budget for 2010 according to the CBO, as they reported it to the congress and is a matter of public record. The question should be, what and where to trim the fat out of the federal budget, as it is something that has to be weighed. If you cut one area, then another area has to be increased in spending, unless they are cutting across the board, in areas that they can, and is optional. So look at the different areas that the spending makes, and before jumping on cut the military budget, ask how many bases, and installations are in the state that you live in? Many of such provides money and resources into the local communities and brings revenue into the states themselves. Every time there is a round of base closures, then congress men and women fight like cats and dogs to keep those bases open, as it means that if they close, then that part of their state looses revenue that it can use. Armed forces personnel, when out on the town, do spend money along with their families. That means that schools in those areas get a larger number of students, and they get a boost to their budgets to accommodate the increased number of students. It also benefits all those who live in that city, country and state, during the census, as it means that state gets more representatives in congress. Not to mention the states that the companies that help provide the military hard ware, benefit from the business.
If there is going to be cuts or changes in where the money goes, it needs to start with all of the bailouts, and man made disasters would be a good start, and laws to state such. When it comes to the bailouts, let the companies die, and go after those who were running it, making them take on more of the financial responsibility for the problems of their company, just like a partnership, rather passing the burden to the general population. Cut back on other federal programs, such as Freddy Mac and Fannie May, as they are still loosing money, even after the federal bailout, and start to get rid of programs that are mandated to make money and always seem to end up in the red. If a company fails, then let it fail, cause they did something wrong in the first place, and should not be saved. When it comes to man made disasters, then it should be the companies responsibility to assume the financial liability for their reckless actions, rather than, here again passing it onto the general public. That too would start to trim the fat off, to include a congress or a president who is willing to veto or vote against bills with all of the amendments that have nothing to do with such.

This is the true GOP, a bunch of people who hate others just because of the colour of thier skin and the way they worship. Since poor people aren't typically white and don't vote GOP they do not matter.

More proof the Neo Nazi wing of the American Nazi Party is the GOP.

reply to post by TheImmaculateD1


THIS is the American Nazi Party

For god sakes man.

Originally posted by Carseller4
These people may be poor, but that doesn't mean they are stupid. It gets cold in the winter, and you have to prepare for it.

We feed them, do we have to keep them warm too?

What about the elderly sick and disabled, do you give this pep talk to them too.

reply to post by woodwardjnr


So government should continue to contribute the the high cost of heating oil through subsidies?
It's not like old people and poor people have no help out there. No one is dying in droves over this.

Originally posted by woodwardjnr

Originally posted by Carseller4
These people may be poor, but that doesn't mean they are stupid. It gets cold in the winter, and you have to prepare for it.

We feed them, do we have to keep them warm too?

What about the elderly sick and disabled, do you give this pep talk to them too.

Tell the elderly to knit themselves a sweater. If they cannot afford to heat their home or feed themselves and have no one to take care of them the fed govt pays for them to stay in a rest home.

Originally posted by projectvxn
reply to post by woodwardjnr

 

So government should continue to contribute the the high cost of heating oil through subsidies?
It's not like old people and poor people have no help out there. No one is dying in droves over this.

Not yet anyway. But as long as the rich get their tax cuts who gives a rats ass about anyone else.

reply to post by woodwardjnr


Subsidies cause price increases through artificial demand. The whole point of a subsidy is to prop up an industry or product that would otherwise not be as lucrative or would decidedly bring in less tax revenue due to lower costs. If the point is to help people why support programs that make their bill bigger at tax payer expense?

By the way, I don't support subsidizing the rich either. But then I believe the government should be doing far less with much less of our money.

reply to post by projectvxn


To cut aide to the poor is shades of Nazi-ism and is UnAmerican.

On Monday Barrack is supposed to submit the 2012 Budget and in it he is ending Federal Subsidies to Oil/Natural Gas companies.

Hope you don't drive a big SUV. Gasoline's going to go thru the roof. Get rid of that electric heating in your home and buy a wood stove.

He's doing it to bring about a "green revolution". He thinks it will create jobs in alternative energy. Atleast he's facing facts.....crude oil's days are over.

Time to get American's off of Opec's nipple. We can live without them.

Originally posted by inforeal
reply to post by Carseller4

 

I think If they are poor and unable to support themselves then - -YES!
That is if you are a human being.

Giving support to people who CAN"T support themselves because of physical handicaps is a necessity Supporting people who WON"T support themselves,that are able bodied makes them and yourself slaves to the system.

Originally posted by TheImmaculateD1
reply to post by projectvxn

 

To cut aide to the poor is shades of Nazi-ism and is UnAmerican.

You don't know what Nazism is kid.

reply to post by projectvxn


Hitler's plan for those who couldn't work or were poor was to have them exterminated and killed as they did not meet or match the ideal Germanic mold.

reply to post by TheImmaculateD1


And that fits with the GOP how?

You can go ahead and make comparisons to the Nazi's all you'd like. It doesn't make it correct.
What you're describing 1 doesn't fit with the policy of NOT subsidizing industry and product which only serves to raise prices on those poor people, and 2 glosses over so much history and fact it's painful..

But you go ahead and keep posting on and on about how the GOP are all a bunch of Nazi's. I used to think like you..Hell I even wrote a whole thread that accuses Obama of being very Hitler-esque, and it received very few replies, very few stars, and almost no flags...You know what that taught me? To do my research and to post according to what is reflected in REALITY instead of superlatives and absurd comparisons.

I learned from my mistakes. Here's hoping you will too.

This has nothing to do with Conservatives and so on.
This is what happens when the Fed Govt is in control. Plain and simple.
They have to cut costs somewhere. Govt programs are subject to the whims of the politician.

Be independent and depend not on the Govt, but yourself.

This is when "The Party of HELL NO!" dictates policy all the while protecting their wealthy donors. This has everything to do with the entire GOP, cutting social programs and eliminating them has been on the dockett since the 1970's so don't tell me this has nothing to do with the GOP.

The CONSERVATIVE DICTAITORSHIP IS THE PROBLEM AND REFUSE TO COMPRIMISE ON A THING. It's either "Their will or the highway".

The entire GOP's mantra is to make Obama a "1 Term President" and will destroy anything in this nation to achieve that goal even go as far as putting 150 Million out of work and forcing anyone who is not a rich, white, Neo Con to get cut all while striping the people and the nation of it's rights and freedoms.

The GOP will protect with life and limb the following industries :
Energy, Big Pharm, Banks, Anyone with an account worth more then $10 Million.

For y'all that want smaller Govt do not dare complain when that new tool you got to fix your house burns your skin right off because the safety regulations were abolished and do not dare complain when that new skin cream makes your skin so raw it causes an infection that costs you your limb.

Say goodbye to ABS, airbags, seatbelts, aircon, brake override systems in cars if they get their way.

Say goodbye to every single safety protection that exists if you want smaller Govt as Big Govt keeps these firms up at night living in fear.

Look at 43 and how he acted too like Hitler and let us not also forget that his granddaddy Prescott was helping fund and finance the entire Nazi movement under the guise of Thyssien, Corp during WWII so to make the Nazi GOP connection more then fits.

If Hitler were an American he'd be an Ultra Right Wing Tea Bagger.

reply to post by TheImmaculateD1


What does it have to do with the GOP being like the Nazi's of Germany? Nazi's had TONS of social programs. How did they deal with youth unemployment of 20% and higher? Hither Youth program. How did they manage to subjugate the Jews without a real fight in return? Abuse of arms registration lists and the disarmament of the Jewish populations. Gun control.

Look if you wanna go down the line, and talk about who's closest to being like Nazi's and dictators I'd be happy to have that conversation(as Obama says). But I don't think you wanna go there, and quite honestly, neither do I.

If you want people to understand your point of view, you need to knock off the superlatives, and irrational accusations.

---------------------

On the point of social programs, perhaps some research on how debt destroys nations is the best prescription for you. Matter of fact, study pre-Nazi German history...Also ABS brakes aren't going to just disappear because the government isn't there anymore.

Government didn't create those technologies BTW private industry did.

The fact is that Republicans today are the worst in history. At least Republicans in the past such as Richard Nixon were for health care for all Americans.

Today the republican party are shamelessly for nothing but helping and satisfying the rich and super rich.