Fiscal Cliff..

[Oberon]

Originally Posted by Jimbuna

Have you seen the film yet?

Oh yes, saw it at the cinema when it first came out, both me and the wife are big fans and Nagy took us to see both it and the first one when that came out. We just haven't got around to getting it on DVD which is a bit daft of us and will have to be rectified.

[Armistead]

It's all a blame game, hurt the American people and watch both parties blame each other. The fact is they could do some things, but they would rather stick to hard lines. In fact, I think both sides want to go over the cliff, it may be the best solution since spending isn't being cut.

[AVGWarhawk]

Originally Posted by Armistead

since spending isn't being cut.

And you sir have nailed the smoke and mirrors on the head. Much of anything done in DC is smoke and mirrors, a promise not to come to light and getting to it sooner or later. Sadly, we have come to the end of the road of the euphoria of stability generated by our leaders over the decades. We have hit the "later." Retirement plans, homes and now income will be on huge automated teller machine for the government. And for what??

Edit: I was wondering what will happen when the inevitable additional tax hikes will come in a year. I think the villagers will not swallow that pill.

[Jimbuna]

Originally Posted by AVGWarhawk

Edit: I was wondering what will happen when the inevitable additional tax hikes will come in a year. I think the villagers will not swallow that pill.

Can I have your tax rebate Chris?

[AVGWarhawk]

Originally Posted by Jimbuna

Can I have your tax rebate Chris?

Yes, but the wife, kids and mortgage come with it. Package deal!

[Jimbuna]

Originally Posted by AVGWarhawk

Yes, but the wife, kids and mortgage come with it. Package deal!

Bugga!.....forget it

[Armistead]

Originally Posted by AVGWarhawk

And you sir have nailed the smoke and mirrors on the head. Much of anything done in DC is smoke and mirrors, a promise not to come to light and getting to it sooner or later. Sadly, we have come to the end of the road of the euphoria of stability generated by our leaders over the decades. We have hit the "later." Retirement plans, homes and now income will be on huge automated teller machine for the government. And for what??

Edit: I was wondering what will happen when the inevitable additional tax hikes will come in a year. I think the villagers will not swallow that pill.

and for what you ask, well, you know of course,...entitled voters, but can you really blame them?

Americans cannot compete for jobs in the world and keep any real quality of life. The global economy will take America back 100 years as other nations go through what we did, cheap labor, no benefits or regulation. China, India, etc...are having there own industrial revolution and we're paying for it. It's creating a rich and a poor class, a very large poor class.
Sure, many are doing OK, but millions each year are losing wages, benefits, jobs....

I had a friend that had a nice corporate job, he hated all the liberal entitled voters. His job was cut....in a year he couldn't find anything close to salary and benefits. He finally sold his big home just so he could afford insurance for his sick wife. Now he can't afford that with his 30K income.

Yea, we had a great fake economy for a few decades, but now the chickens have come to roost.

[AVGWarhawk]

Exactly. A fake economy. The spectacular housing industry that was found to be based on false numbers and misguiding purchasers of homes was incredibly bad. They still use the same practice even now. GM building cars for decades and not making a dime. I can say that GM did shed the dead weight of some divisions. Unfortunate for the workers certainly. The housing industry has tougher rules to qualify. My wife and I are having a home built. The approval process was nothing short of a body cavity search with repeated entry. We will get another body cavity search before closing. I hope for a reach around. At any rate, foreclosures are coming to a end. One hopes history will not repeat itself.

But yes, I know the taxes will go to the entitlement voters. Can I blame them? Yes, quite a few I can blame. These I can blame have been on the dole long before this issue.

[geetrue]

Here's a thought for you:

Did you know that GE makes 5 billion dollars a year and pays no business taxes registered as an offshore company out of Bermuda?

Did you know that a certain unamed oil company reported a profit of 5 billion dollars last year?

Profit meaning that which is left after taking out the overhead which includes taxes

[AVGWarhawk]

The WH is in bed with GE. GE is in position to make billions when Obamacare kicks in. Take some time and Google GE and this administration.

[Armistead]

Originally Posted by AVGWarhawk

Exactly. A fake economy. The spectacular housing industry that was found to be based on false numbers and misguiding purchasers of homes was incredibly bad. They still use the same practice even now. GM building cars for decades and not making a dime. I can say that GM did shed the dead weight of some divisions. Unfortunate for the workers certainly. The housing industry has tougher rules to qualify. My wife and I are having a home built. The approval process was nothing short of a body cavity search with repeated entry. We will get another body cavity search before closing. I hope for a reach around. At any rate, foreclosures are coming to a end. One hopes history will not repeat itself.

But yes, I know the taxes will go to the entitlement voters. Can I blame them? Yes, quite a few I can blame. These I can blame have been on the dole long before this issue.

Yea, but the past entitlement voters have always been around, today millions of non entitled middle class are falling into government care. Not sure what's going to happen when these programs are cut, people will circle the wagons and hang on or die.

My wife still helps part time at the SS offices, the horror stories she comes home with....They get many reports of kids going hungry and don't even have the funds to send agents to houses to check. We just had another plant close in our small town, another 400 jobs overseas....I bet they're 30 large closed mills here, only thing left is Miller....guess they need the beer closer to home.

[AVGWarhawk]

Originally Posted by Armistead

Yea, but the past entitlement voters have always been around, today millions of non entitled middle class are falling into government care. Not sure what's going to happen when these programs are cut, people will circle the wagons and hang on or die.

My wife still helps part time at the SS offices, the horror stories she comes home with....They get many reports of kids going hungry and don't even have the funds to send agents to houses to check. We just had another plant close in our small town, another 400 jobs overseas....I bet they're 30 large closed mills here, only thing left is Miller....guess they need the beer closer to home.

That is what I said, there are a few I can blame that have been on the dole before this. I can put more blame on the govt for not getting people off the dole. The takers out voted the producers. The govt knows very well it can get ugly if the bennies are cut. The govt is an integral part of the problem. I foresee extending benefits for the unemployed. We are still in recovery. One of the longest in history. Letting the Bush era tax cuts expire will kill any recovery we have experienced in the past four years.