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Lonecowboy

Well-known member
If the Federal Government is spending beyond it's means and all this borrowing is to be paid back by our kids, grandkids, greatgrandkids,
is that taxation without representation??
I don't have grandkids, greatgrandkids yet, so presumably their representation isn't born yet either.
 

RobertMac

Well-known member
When taxpayers finally realize who is going to be paying for all of Obama's spending, that's when the light will come on and the plug will be pulled on him...let's hope sooner than later.
 

don

Well-known member
when people finally realize that a good chunk of the american prosperity enjoyed for the last thirty years was on borrowed money maybe you'll get a better perspective on what's been happening. politicians of every stripe are to blame.
 

Sandhusker

Well-known member
don said:
when people finally realize that a good chunk of the american prosperity enjoyed for the last thirty years was on borrowed money maybe you'll get a better perspective on what's been happening. politicians of every stripe are to blame.

I'll agree with you there. Actually, as a conservative, I'm more mad at Republicans - they have no excuse. Liberals are supposed to be rock stupid, but conservatives are supposed to respect fiscal reality.
 

Lonecowboy

Well-known member
don said:
when people finally realize that a good chunk of the american prosperity enjoyed for the last thirty years was on borrowed money maybe you'll get a better perspective on what's been happening. politicians of every stripe are to blame.

amen don, so how do we go about changing that??
 

don

Well-known member
i think it has to be accepted that the usa (and other countries) have been living beyond their means and will have to accept or suffer a drop in their standard of living. good luck with that. what it means is we haven't been paying the full cost and now the balance is due. i think most of the world is in for a tough ride economically as this all gets sorted out. one of the major problems i see is that economies have been structured to transfer wealth to the powerful at the expense of the middle class and this has to be changed for economies to become innovative, productive and efficient again.
 

alice

Well-known member
Lonecowboy said:
don said:
when people finally realize that a good chunk of the american prosperity enjoyed for the last thirty years was on borrowed money maybe you'll get a better perspective on what's been happening. politicians of every stripe are to blame.

amen don, so how do we go about changing that??

You are right on, Don!!!!

As for going about changing it...at some point, probably not in our lifetimes, or at least in my lifetime, the system will self correct...which would be the only peaceful alternative.

Folks, do you really want armed revolution? That's insane...yet I've read a lot of insanity here lately...and more's the pity!

Alice
 

aplusmnt

Well-known member
Sandhusker said:
don said:
when people finally realize that a good chunk of the american prosperity enjoyed for the last thirty years was on borrowed money maybe you'll get a better perspective on what's been happening. politicians of every stripe are to blame.

I'll agree with you there. Actually, as a conservative, I'm more mad at Republicans - they have no excuse. Liberals are supposed to be rock stupid, but conservatives are supposed to respect fiscal reality.

I agree with both of you!
 

Lonecowboy

Well-known member
alice said:
Lonecowboy said:
don said:
when people finally realize that a good chunk of the american prosperity enjoyed for the last thirty years was on borrowed money maybe you'll get a better perspective on what's been happening. politicians of every stripe are to blame.

amen don, so how do we go about changing that??

You are right on, Don!!!!

As for going about changing it...at some point, probably not in our lifetimes, or at least in my lifetime, the system will self correct...which would be the only peaceful alternative.
Folks, do you really want armed revolution? That's insane...yet I've read a lot of insanity here lately...and more's the pity!

Alice

Isn't that what we were looking at, a self correction in the economy untill politicians jumped in and pumped allot more phoney borrowed money into things??
 

kolanuraven

Well-known member
Citizens have been paying taxes to cover the expenditures of their leaders/gov't since civilization as we know it was established.



You all act like this is the first you've heard of it?
 

Frisco

Well-known member
I agree with Lone Cowboy, that we were headed for self-correction, until the government decided to "fix" it and save us from ourselves. It only delays the inevitable. I believe, after the stimulus money and the government bailouts bills come due, our country will self correct. Our cost of living (food, fuel, and housing, whether renting or buying,) will increase to where 50% or more of our income goes to sustaining ourselves. Urban areas will be hit hardest by this, but those of us who can raise our own food may actually be the wealthiest during this process.

When you see people crying about losing their homes (which makes me feel sad for them) I don't see victims on the verge of extinction, I see an American who should be able to pull themselves up by the bootstraps and start over. It may be humbling to have to sell all the TVs and other stuff in the house and move to a smaller place and live with what you need, but that's how this country started.

Handouts and Bailouts do not make citizens proud and productive.
 

RobertMac

Well-known member
There is really only one solution...the federal government should have to do what every family and most state and local governments have to do...LIVE WITHIN THEIR MEANS!!!!!!! We, the people, should push until we get a balanced budget amendment to the Constitution. This is the only way to stop the abuse of power by all politicians. If your elected official won't support it, vote them out!
 

Lonecowboy

Well-known member
RobertMac said:
There is really only one solution...the federal government should have to do what every family and most state and local governments have to do...LIVE WITHIN THEIR MEANS!!!!!!! We, the people, should push until we get a balanced budget amendment to the Constitution. This is the only way to stop the abuse of power by all politicians. If your elected official won't support it, vote them out!

Robert,I would add to this TERM LIMITS
 

RobertMac

Well-known member
Lonecowboy said:
RobertMac said:
There is really only one solution...the federal government should have to do what every family and most state and local governments have to do...LIVE WITHIN THEIR MEANS!!!!!!! We, the people, should push until we get a balanced budget amendment to the Constitution. This is the only way to stop the abuse of power by all politicians. If your elected official won't support it, vote them out!

Robert,I would add to this TERM LIMITS

Where have we heard these before? Back in 1994!
 

Lonecowboy

Well-known member
Frisco said:
I agree with Lone Cowboy, that we were headed for self-correction, until the government decided to "fix" it and save us from ourselves. It only delays the inevitable. I believe, after the stimulus money and the government bailouts bills come due, our country will self correct. Our cost of living (food, fuel, and housing, whether renting or buying,) will increase to where 50% or more of our income goes to sustaining ourselves. Urban areas will be hit hardest by this, but those of us who can raise our own food may actually be the wealthiest during this process.

When you see people crying about losing their homes (which makes me feel sad for them) I don't see victims on the verge of extinction, I see an American who should be able to pull themselves up by the bootstraps and start over. It may be humbling to have to sell all the TVs and other stuff in the house and move to a smaller place and live with what you need, but that's how this country started.

Handouts and Bailouts do not make citizens proud and productive.

there you have it Frisco-
prices will become real, not this imaginary inflated mess we are in,
life will become real,
land will become priced by what it will produce,
houses will become priced at what they really are, shelter from the elements, you won't see a "housing bubble" if things are real.
where did all the money go that was "lost" in the markets??
it wasn't there, it was all imaginary money, it wasn't real.
Comoditys, things that you can hold in your hands and haul in a truck, real things, will become what they are worth.
Yes times will be tough for people that have been living in this make believe world, but we will all become better and stronger for it.
who has any real wealth right now, the older generation who are depression survivors who have been living within their means in a real sense.working today and saving and building for tomorrow.
Doing it with money they really have,not borrowed.
 

Lonecowboy

Well-known member
RobertMac said:
Lonecowboy said:
RobertMac said:
There is really only one solution...the federal government should have to do what every family and most state and local governments have to do...LIVE WITHIN THEIR MEANS!!!!!!! We, the people, should push until we get a balanced budget amendment to the Constitution. This is the only way to stop the abuse of power by all politicians. If your elected official won't support it, vote them out!

Robert,I would add to this TERM LIMITS

Where have we heard these before? Back in 1994!

refresh my memory please Robert, who was after term limits in 94, what stopped them?? was it politicians??
 

Frisco

Well-known member
Robert Mac,

How can we push our politicians to do anything we want? I personally contact my reperesentatives all the time and I vote every election (county, school board, state, federal), but can we really make a difference when more than half of the country does not vote? It boils down to special interest vs. special interest. It literally makes me sick to my stomach during the Presidential elections to see that so few people vote.

OOps, this is turning into a rant. I want to do everything I can as a citizen (at the bottom of the totem pole) to make my voice heard, but is it enough?
 
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