Gates Proposing Cuts in Military Budget

Gerald · 01-06-11, 08:06 AM

WASHINGTON - Defense Secretary Robert Gates is announcing the latest round of cost-cutting measures for the military, including a plan to do away with a new amphibious vehicle that can ferry troops to shore while under fire.The plan is aimed at staving off potentially deeper cuts by the White House or Congress by showing that the Pentagon is taking seriously a call to rein in the U.S. deficit.The Defense Department is responsible for the biggest piece of discretionary spending in the federal government's annual budget.

http://www.foxnews.com/politics/2011...litary-budget/

Note: Published January 06, 2011

Tessa · 01-06-11, 09:11 AM

The whole national debt has always bothered me (aside from personally hating finance and politics), for once why don't we (the US) play the bad guy for once and come knocking on other countries doors demanding they pay their outsanding wwii debts (and others they've racked up since)?

Total outstanding debt owed to us is 13.5 Trillion, current national debt is just over 14 trillion. We need to get some nice Italian family guys from New Jersey and New York into the State Deptartment and Treasury.

One day a pair of agents goes off and comes back the next day with 2 Trillion in gold. When asked, "how did you get all that in cash so fast?". "Don't worry about the details, just cross s,x,y,z countries of the collections list. Were gonna need a bigger plane this time, like a B-52 (gotta cruise in style) as we're heading to Asia. Gonna need to take some extra muscle and that group of guys who's names sound like something out of my toolbox along with us. Should be back with 4 or 5 Trillion, hopefully more this time." "These damn politicians think money grows on tree, and to get that money back usually takes part of that same tree in the form of a baseball bat. Incentive is the key to getting these deadbeats to cough up what they've owed us for decades. Lucky we aren't charging our standard rates for interest."

Gerald · 01-06-11, 09:34 AM

The idea of what you say is not farfetched at all, now is the time to countries that have received so much support for such a long time, open the wallet in return

TLAM Strike · 01-06-11, 11:47 AM

Quote:

Originally Posted by Tessa

Total outstanding debt owed to us is 13.5 Trillion, current national debt is just over 14 trillion.

That is exactly why think that at some set date we the whole world should just forgive all financial debts previous to that date and start fresh.

August · 01-06-11, 12:45 PM

Quote:

Originally Posted by TLAM Strike

That is exactly why think that at some set date we the whole world should just forgive all financial debts previous to that date and start fresh.

I predict that idea will be a lot more popular with those that owe money than those that are owed!

TLAM Strike · 01-06-11, 01:13 PM

Quote:

Originally Posted by August

I predict that idea will be a lot more popular with those that owe money than those that are owed!

The point is we are both. As Tessa said our debt to owed ratio is just about even.

Growler · 01-06-11, 01:55 PM

Military budget cuts.

Great.

Know what this means? The guys at the pointy end of the stick get shafted, and the defense contractors change not a thing.

August · 01-06-11, 04:56 PM

Quote:

Originally Posted by TLAM Strike

The point is we are both. As Tessa said our debt to owed ratio is just about even.

Unfortunately it isn't that simple. I might be willing to forgive the money you owe me, but the people that I owe aren't going to benefit from that.

01-06-11, 08:06 AM	#1
Gerald SUBSIM Newsman Join Date: May 2008 Location: Close to sea Posts: 24,254 Downloads: 553 Uploads: 0	Gates Proposing Cuts in Military Budget WASHINGTON - Defense Secretary Robert Gates is announcing the latest round of cost-cutting measures for the military, including a plan to do away with a new amphibious vehicle that can ferry troops to shore while under fire.The plan is aimed at staving off potentially deeper cuts by the White House or Congress by showing that the Pentagon is taking seriously a call to rein in the U.S. deficit.The Defense Department is responsible for the biggest piece of discretionary spending in the federal government's annual budget. http://www.foxnews.com/politics/2011...litary-budget/ Note: Published January 06, 2011 __________________ Nothing in life is to be feard,it is only to be understood. Marie Curie

01-06-11, 09:34 AM	#3
Gerald SUBSIM Newsman Join Date: May 2008 Location: Close to sea Posts: 24,254 Downloads: 553 Uploads: 0	The idea of what you say is not farfetched at all, now is the time to countries that have received so much support for such a long time, open the wallet in return __________________ Nothing in life is to be feard,it is only to be understood. Marie Curie

01-06-11, 01:55 PM	#7
Growler A long way from the sea Join Date: May 2005 Location: Iowa Posts: 1,913 Downloads: 21 Uploads: 0	Military budget cuts. Great. Know what this means? The guys at the pointy end of the stick get shafted, and the defense contractors change not a thing. __________________ At Fiddler’s Green, where seamen true When here they’ve done their duty The bowl of grog shall still renew And pledge to love and beauty.

01-06-11, 09:11 AM	#2
Tessa Grey Wolf Join Date: Feb 2007 Location: CG 96 Posts: 861 Downloads: 22 Uploads: 0	The whole national debt has always bothered me (aside from personally hating finance and politics), for once why don't we (the US) play the bad guy for once and come knocking on other countries doors demanding they pay their outsanding wwii debts (and others they've racked up since)? Total outstanding debt owed to us is 13.5 Trillion, current national debt is just over 14 trillion. We need to get some nice Italian family guys from New Jersey and New York into the State Deptartment and Treasury. One day a pair of agents goes off and comes back the next day with 2 Trillion in gold. When asked, "how did you get all that in cash so fast?". "Don't worry about the details, just cross s,x,y,z countries of the collections list. Were gonna need a bigger plane this time, like a B-52 (gotta cruise in style) as we're heading to Asia. Gonna need to take some extra muscle and that group of guys who's names sound like something out of my toolbox along with us. Should be back with 4 or 5 Trillion, hopefully more this time." "These damn politicians think money grows on tree, and to get that money back usually takes part of that same tree in the form of a baseball bat. Incentive is the key to getting these deadbeats to cough up what they've owed us for decades. Lucky we aren't charging our standard rates for interest."