Ugly Hedgehog - Photography Forum
Home Active Topics Newest Pictures Search Login Register
General Chit-Chat (non-photography talk)
The Economy in Simple Terms
Page <prev 2 of 5 next> last>>
Jul 27, 2012 10:01:07   #
Hunter Lou 1947 Loc: Minnesota
 
The cry babies of the GOP. They have only one thing in mind and that is to beat the President this fall. They don't give a hoot who in the process they hurt. You call these representatives our finest. Hell, they are going to destroy our government.

Reply
Jul 27, 2012 10:02:25   #
HEART Loc: God's Country - COLORADO
 
lost_found wrote:
Go back to the former regime that has verbalized no new vision but their previous actions gave away the surplus they inherited, gave us the economic disaster of a generation, doubled the deficit and believes that trickle down works or stay with the administration that has gotten us out of one war, chopped the head off of the perpetrators of 9/11, slowed the free-fall in the economy they inherited, added jobs every month for over two years, and has had absolutely no cooperation from the opposing party. Come November Vote the GOP out of their majority in the House and give the economy a chance to recover.
Go back to the former regime that has verbalized n... (show quote)



P.S. There is no "former regime" - the phrase has been coined to identify the current president's administration. Prior to him there weren't "regimes" in this country.

Reply
Jul 27, 2012 10:03:02   #
Screamin Scott Loc: Marshfield Wi, Baltimore Md, now Dallas Ga
 
Like the Democrats aren't doing that now ?....Sounds like you are crying with this post of yours.

Hunter Lou 1947 wrote:
The cry babies of the GOP. They have only one thing in mind and that is to beat the President this fall. They don't give a hoot who in the process they hurt. You call these representatives our finest. Hell, they are going to destroy our government.

Reply
 
 
Jul 27, 2012 10:08:34   #
jim charron Loc: Ontario Canada
 
Yo, Robert;

Do you think you can simplify this and be a little more blunt to make your point? :lol:

Reply
Jul 27, 2012 10:26:53   #
docrob Loc: Durango, Colorado
 
HEART wrote:
Robert Graybeal wrote:
This cuts through all the political doublespeak we receive and explains the problem in a logical, common sense way.


Lesson # 1:

* U.S. Tax revenue: $2,170,000,000,000
* Fed budget: $3,820,000,000,000
* New debt: $ 1,650,000,000,000
* National debt: $14,271,000,000,000
* Recent budget cuts: $ 38,500,000,000

Let's now remove 8 zeros from each of the figures and pretend it's a household budget:

* Annual family income: $21,700
* Money the family spent: $38,200
* New debt on the credit card: $16,500
* Outstanding balance on the credit card: $142,710
* Total budget cuts so far: $38.50

Got it ?

OK, now Lesson # 2: Here's another way to look at the Debt Ceiling:

Let's say, you come home from work and find there has been a sewer backup in your neighborhood...and your home has sewage all the way up to your ceilings.

What do you think you should do? Raise the ceilings, or pump out the shit?

Your choice is coming Nov. 2012.
This cuts through all the political doublespeak we... (show quote)



Outstanding lesson - will share this with friends. Simple, simple, simple!!! :thumbup: :thumbup: :thumbup:
quote=Robert Graybeal This cuts through all the p... (show quote)


Neither. Pumping out the shit or raising the ceiling makes no difference because the shit is still in the system. We cannot go backwards and think doing so will solve new problems. We are trying to use 18th century economic models and applying them to the 21st. And we somehow think that to eliminate the crap all we have to do is get rid of one guy and put another in his place - people this crap we are dealing with transcends both parties - we are as they say - in a global economy

Reply
Jul 27, 2012 10:50:15   #
Blurryeyed Loc: NC Mountains.
 
Hunter Lou 1947 wrote:
We really need to stay the course and vote the House GOP out to get some sort togetherness working for the people instead of this bickering.


There of course is another solution, that would be to stay together and vote the Senate Dems and the president out, then we can not only stop all the bickering but start moving forward on a feasible plan to deal with the budgetary problems... the only people that stepped forward with plans to even start addressing these problems were swatted away as if they were pesky flies but the president and the democratic Senate that has so given up on fiscal issues that they refuse to produce budgets...

Simpson Bowles commission - swatted away, now just a spot on the wall

Gang of Six... totally blown off

Paul Ryan... accused of wanting to murder Grandma....

Reply
Jul 27, 2012 10:56:42   #
docrob Loc: Durango, Colorado
 
Blurryeyed wrote:
Hunter Lou 1947 wrote:
We really need to stay the course and vote the House GOP out to get some sort togetherness working for the people instead of this bickering.


There of course is another solution, that would be to stay together and vote the Senate Dems and the president out, then we can not only stop all the bickering but start moving forward on a feasible plan to deal with the budgetary problems... the only people that stepped forward with plans to even start addressing these problems were swatted away as if they were pesky flies but the president and the democratic Senate that has so given up on fiscal issues that they refuse to produce budgets...

Simpson Bowles commission - swatted away, now just a spot on the wall

Gang of Six... totally blown off

Paul Ryan... accused of wanting to murder Grandma....
quote=Hunter Lou 1947 We really need to stay the ... (show quote)


Ryan - accused of wanting to throw us all under the bus.

Reply
 
 
Jul 27, 2012 11:01:15   #
Screamin Scott Loc: Marshfield Wi, Baltimore Md, now Dallas Ga
 
Better than being thrown off a fiscal cliff like the Dems are doing....

docrob wrote:
Blurryeyed wrote:
Hunter Lou 1947 wrote:
We really need to stay the course and vote the House GOP out to get some sort togetherness working for the people instead of this bickering.


There of course is another solution, that would be to stay together and vote the Senate Dems and the president out, then we can not only stop all the bickering but start moving forward on a feasible plan to deal with the budgetary problems... the only people that stepped forward with plans to even start addressing these problems were swatted away as if they were pesky flies but the president and the democratic Senate that has so given up on fiscal issues that they refuse to produce budgets...

Simpson Bowles commission - swatted away, now just a spot on the wall

Gang of Six... totally blown off

Paul Ryan... accused of wanting to murder Grandma....
quote=Hunter Lou 1947 We really need to stay the ... (show quote)


Ryan - accused of wanting to throw us all under the bus.
quote=Blurryeyed quote=Hunter Lou 1947 We really... (show quote)

Reply
Jul 27, 2012 11:09:03   #
docrob Loc: Durango, Colorado
 
Screamin Scott wrote:
Better than being thrown off a fiscal cliff like the Dems are doing....

docrob wrote:
Blurryeyed wrote:
Hunter Lou 1947 wrote:
We really need to stay the course and vote the House GOP out to get some sort togetherness working for the people instead of this bickering.


There of course is another solution, that would be to stay together and vote the Senate Dems and the president out, then we can not only stop all the bickering but start moving forward on a feasible plan to deal with the budgetary problems... the only people that stepped forward with plans to even start addressing these problems were swatted away as if they were pesky flies but the president and the democratic Senate that has so given up on fiscal issues that they refuse to produce budgets...

Simpson Bowles commission - swatted away, now just a spot on the wall

Gang of Six... totally blown off

Paul Ryan... accused of wanting to murder Grandma....
quote=Hunter Lou 1947 We really need to stay the ... (show quote)


Ryan - accused of wanting to throw us all under the bus.
quote=Blurryeyed quote=Hunter Lou 1947 We really... (show quote)
Better than being thrown off a fiscal cliff like t... (show quote)


I keep hearing about this "fiscal cliff" when supposedly all our past economic mistakes and/or policy decisions (read bush tax cuts and the republican automatic budget cuts) meet and there is all this panic "oh my god were gonna fall off a fiscal cliff." I remember way back in the fall of last year. "Oh my god Moody's and S&P are gonna downgrade our credit worthiness - the sky is falling." Did it? So what if we fall of a fiscal cliff of our own making.....might shake and wake us up.

Reply
Jul 27, 2012 11:26:29   #
camerabuff58 Loc: Ontario, Canada,
 
Bang-on
Robert Graybeal wrote:
This cuts through all the political doublespeak we receive and explains the problem in a logical, common sense way.


Lesson # 1:

* U.S. Tax revenue: $2,170,000,000,000
* Fed budget: $3,820,000,000,000
* New debt: $ 1,650,000,000,000
* National debt: $14,271,000,000,000
* Recent budget cuts: $ 38,500,000,000

Let's now remove 8 zeros from each of the figures and pretend it's a household budget:

* Annual family income: $21,700
* Money the family spent: $38,200
* New debt on the credit card: $16,500
* Outstanding balance on the credit card: $142,710
* Total budget cuts so far: $38.50

Got it ?

OK, now Lesson # 2: Here's another way to look at the Debt Ceiling:

Let's say, you come home from work and find there has been a sewer backup in your neighborhood...and your home has sewage all the way up to your ceilings.

What do you think you should do? Raise the ceilings, or pump out the shit?

Your choice is coming Nov. 2012.
This cuts through all the political doublespeak we... (show quote)


:thumbup: :thumbup:

Reply
Jul 27, 2012 11:59:54   #
steve Loc: Iowa
 
Excellent!!!!

Reply
 
 
Jul 27, 2012 12:01:52   #
Robert Graybeal Loc: Myrtle Beach
 
Hunter Lou 1947 wrote:
The cry babies of the GOP. They have only one thing in mind and that is to beat the President this fall. They don't give a hoot who in the process they hurt. You call these representatives our finest. Hell, they are going to destroy our government.


No party crap. They are NOT going to destroy our government ... OUR GOVERNMENT IS GOING TO DESTROY
OUR COUNTRY!

Reply
Jul 27, 2012 13:34:03   #
Bill Emmett Loc: Bow, New Hampshire
 
People in this country just don't see part of the problem. When I was working for the Fed. the popular trend was to contract out Government services. By contracting out, the cost of these services costs skyrocketed. Imagine, the Government owns a bulldozer, that cost $1,000,000.00 to bulldoze a project. Now the Government bulldozer is parked in a storage lot. Now, the Government wants to use the bulldozer to doze another project, and takes it the project and completes the work. The Goverment takes the dozer back to the storage lot. Each time the dozer goes to work, it is manned by a Government employee, who does other work when not running the bulldozer. As it is now, we have the Government dozer in the lot, and we now rent a bulldozer from company X, and pay a operator 300% for his wages, and pay company X $200,000 per day for using their dozer. Oh, the Government owned dozer is parked in a lot. Now lets look at real, honest to God situation unfolding the Mississippi River, in New Orleans. The Federal Government owns a Large Hopper Dredge the Dredge Wheeler. In the 1980s this dredge operated 270 days per year, the rest was taken for drydock repairs, and overhaul. The Government was lobbied long and hard by the Dredging Organization called NATCO. NATCO wanted more dredging time in the Mississippi River. So, the Hopper Dredge Wheeler, was tied up for 90 days per year so the NATCO dredges could take the contracts for the "River". The Dredge Wheeler was built to operate in the Mississippi River, first it is very large, it has 3 massive pumps to suck up the material, and place it into hoppers, and it is a fast dredge, capable of taking this dredged material to the dump site and return quickly. None of the private dredges can do this, first they don't have the capacity, speed, and quality, they break down frequently. U.S. Dredging contracts are probably the largest in the entire Government for a single service. A contract can be for 1/2 billion dollars for a section of the "River" So, when a sholl developes, the private companies bid on the area, and so does the Government. The bidding is rigged in the private sectors favor. A company can bid 25% above the Government estimate, and be considered the lowest bidder. The Wheeler, witch is a Government owned dredge, automaticly bids the Government estimate. Lets just say there is a 20,000,000 dollar contract let out for bid, private dredges could bid 25% higher, so the price, will be 25,000,000 million dollars, to the American Taxpayers. If by some slim chance the Dredge Wheeler won the contract, it could only charge the project 20 million dollars. But, since the Government owns the dredge, it cannot make a profit (Economy Act) after the fuel, repairs, and overhead are paid, the rest goes back to the Federal General Fund. This is part of the reason we are having trouble with the budget. Once the money is gone from the Government, it never returns. Presently, the Dredge Wheeler is thought of as "Emergency Dredge" only to be used when private dredges are not available, and remains parked at the Corps of Engineers dock, in New Orleans. I would like to know how many more "sweet heart" deals have been made like this one.

Reply
Jul 27, 2012 13:48:56   #
Blurryeyed Loc: NC Mountains.
 
Bill Emmett wrote:
People in this country just don't see part of the problem. When I was working for the Fed. the popular trend was to contract out Government services. By contracting out, the cost of these services costs skyrocketed. Imagine, the Government owns a bulldozer, that cost $1,000,000.00 to bulldoze a project. Now the Government bulldozer is parked in a storage lot. Now, the Government wants to use the bulldozer to doze another project, and takes it the project and completes the work. The Goverment takes the dozer back to the storage lot. Each time the dozer goes to work, it is manned by a Government employee, who does other work when not running the bulldozer. As it is now, we have the Government dozer in the lot, and we now rent a bulldozer from company X, and pay a operator 300% for his wages, and pay company X $200,000 per day for using their dozer. Oh, the Government owned dozer is parked in a lot. Now lets look at real, honest to God situation unfolding the Mississippi River, in New Orleans. The Federal Government owns a Large Hopper Dredge the Dredge Wheeler. In the 1980s this dredge operated 270 days per year, the rest was taken for drydock repairs, and overhaul. The Government was lobbied long and hard by the Dredging Organization called NATCO. NATCO wanted more dredging time in the Mississippi River. So, the Hopper Dredge Wheeler, was tied up for 90 days per year so the NATCO dredges could take the contracts for the "River". The Dredge Wheeler was built to operate in the Mississippi River, first it is very large, it has 3 massive pumps to suck up the material, and place it into hoppers, and it is a fast dredge, capable of taking this dredged material to the dump site and return quickly. None of the private dredges can do this, first they don't have the capacity, speed, and quality, they break down frequently. U.S. Dredging contracts are probably the largest in the entire Government for a single service. A contract can be for 1/2 billion dollars for a section of the "River" So, when a sholl developes, the private companies bid on the area, and so does the Government. The bidding is rigged in the private sectors favor. A company can bid 25% above the Government estimate, and be considered the lowest bidder. The Wheeler, witch is a Government owned dredge, automaticly bids the Government estimate. Lets just say there is a 20,000,000 dollar contract let out for bid, private dredges could bid 25% higher, so the price, will be 25,000,000 million dollars, to the American Taxpayers. If by some slim chance the Dredge Wheeler won the contract, it could only charge the project 20 million dollars. But, since the Government owns the dredge, it cannot make a profit (Economy Act) after the fuel, repairs, and overhead are paid, the rest goes back to the Federal General Fund. This is part of the reason we are having trouble with the budget. Once the money is gone from the Government, it never returns. Presently, the Dredge Wheeler is thought of as "Emergency Dredge" only to be used when private dredges are not available, and remains parked at the Corps of Engineers dock, in New Orleans. I would like to know how many more "sweet heart" deals have been made like this one.
People in this country just don't see part of the ... (show quote)


Perfect example of why so many people don't want to see the government raise taxes until they make issues such as these transparent and actually deal with them in a more business like manner instead of a political manner which invariably wastes federal dollars... It is hard to even call them taxpayer dollars anymore as a significant portion of federal spending is no longer funded by taxes....

Reply
Jul 27, 2012 14:05:29   #
Hunter Lou 1947 Loc: Minnesota
 
You must be in the upper 2%.

Reply
Page <prev 2 of 5 next> last>>
If you want to reply, then register here. Registration is free and your account is created instantly, so you can post right away.
General Chit-Chat (non-photography talk)
UglyHedgehog.com - Forum
Copyright 2011-2024 Ugly Hedgehog, Inc.