Still no deal on the debt.

Stealth Hunter · 07-23-11, 06:31 AM

Heh- since Boenher just walked away from the debt talks, I thought of the perfect news headline: "Boehner Pulls Out - Debt Talks Collapse"

Armistead · 07-23-11, 08:45 AM

I think at best they'll come up with a short term solution that will extend the budget to the next election, but I bet we lose our rating and interest rates go up. All over corporations paying a lil more taxes through the removal of some loopholes. I get tired of the GOP line, lower corporate taxes so it will create jobs. The last tax holiday we gave them they used the profits to buy stock and invest overseas and actually laid off more workers. Any decent study I've seen shows with extra profit the only jobs they will create will be overseas. Bush lowered their taxes greatly, it didn't create any jobs, the fake housing market gave us the boom.

Still, the Teaparty of religious radicals still talk let it happen unless they get a balanced budget admend. Sounds good in theory, but it could be our ruin under certain circumstance and don't ever see it passing all the states. Seems the Teaparty wants to take over, force religion down our throats and they destroy the world and call it "signs of end times."

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07-23-11, 06:31 AM	#1
Stealth Hunter Silent Hunter Join Date: Nov 2006 Location: Y'ha-Nthlei Posts: 4,262 Downloads: 19 Uploads: 0	Heh- since Boenher just walked away from the debt talks, I thought of the perfect news headline: "Boehner Pulls Out - Debt Talks Collapse"

07-23-11, 08:45 AM	#2
Armistead Rear Admiral Join Date: Dec 2008 Location: on the Dan Posts: 10,880 Downloads: 364 Uploads: 0	I think at best they'll come up with a short term solution that will extend the budget to the next election, but I bet we lose our rating and interest rates go up. All over corporations paying a lil more taxes through the removal of some loopholes. I get tired of the GOP line, lower corporate taxes so it will create jobs. The last tax holiday we gave them they used the profits to buy stock and invest overseas and actually laid off more workers. Any decent study I've seen shows with extra profit the only jobs they will create will be overseas. Bush lowered their taxes greatly, it didn't create any jobs, the fake housing market gave us the boom. Still, the Teaparty of religious radicals still talk let it happen unless they get a balanced budget admend. Sounds good in theory, but it could be our ruin under certain circumstance and don't ever see it passing all the states. Seems the Teaparty wants to take over, force religion down our throats and they destroy the world and call it "signs of end times."