Oh what does Greenspan know anyway. 🙂 I guess that seems to dispute some of the points I made. What they should do is keep the cut, cut the fat. No water slides in Puerto Rico. No bailouts. We pay upwards of 50% when all the taxes are added up, income, social security, Medicare, state, city, gas, Advalorm, death, etc. etc. etc.... WE'RE OVER F'ING TAXED! Alvin Lee said it best, tax the rich, feed the poor, till there are no rich no more. Or perhaps our old friend Karl Marx? From each according to his means, to each according to his needs?

Rolling the dice,

(with your children's future).

http://www.taxpolicycenter.org/news/gambling.cfm 

If it works, great. If it fails, were all screwed.

The Democrats are running around all over the place talking about a “trigger” on President Bush’s tax cut. Here’s the truth: Gephardt and the Democrats want a trigger that calls off any scheduled tax cut if the surpluses fail to materialize. What can Democrats do to kill the surplus? Spend it!
If they go on a spending spree, they wipe out the surplus, trigger the trigger, and there is no tax cut. That’s why they’re for it. The existence of a trigger, in essence, puts their finger on it. They can pull the trigger on the tax cut and kill it, simply by spending more money! You know what we need instead of a trigger? We need a trigger lock in this bill. If they’re going to put a trigger in, that cancels tax cuts if the surplus doesn’t materialize, then we need a trigger lock so they can’t pull the trigger and spend your money. In reality, the trigger should be on the spending, not the tax cut. The Democrats have it completely backwards.

Source: RushLimbaugh.com Feb 27, 2001

I will ask this question again. Isn't a balanced budget mandated by law? I don't care who does it as long as it gets done. John Maynard Keynes is dead. So is his economic paradigm. I think the main reason for this is the speed of communication today. No one person can really stay on top of trends. Things change too quickly. Greenspan is making it up as he goes along. Everytime he changes the interest rate he crosses his fingers and hopes it works.

If it's H.J.RES.86 your talking about,it's dead in comittee.

http://thomas.loc.gov/cgi-bin/bdquery/z?d107:HJ00086:@@@X 

I agree. We should balance the budget. What programs should be cut? The Gvmt tries to do too much for too many people. It needs to shrink. That would help. But it won't. It's like a rich kid with a crack habit... Trouble. They keep spending, when they run out of money, no problem, raise taxes? The golden rule, he with the gold makes the rules. But why are we arguing over politics and taxes!!?? This is a sea-gar web site! Barkeep, a round of Opus for the house!

we argue politics 'cause it's fun! More of a debate as I see it. I don't get angry about it. I don't get out much and my Wife has minimal interest. Say! Greenspan was on the BBC news! Seems he thinks that a stimulus package under the current situation is unwise. No balanced budget huh? Why am I not surprised? Someone in congress would have to take some math classes then.

Get used to it Robby. Politics are a main topic around here. Good points you made! Keep it up!

Mag

Mag thats because this is/was the political board.It is now the Misc board because of the now defunct(and rarely used !!!!) sports board, and the fact some whiny, sissy arsed,sticks in the mud couldn't handle having a little fun over on the cigars and related board from time to time.Hey guys,blame the whinners not the guys that want to talk politics,we used to have our own board.BTW I still wish you Libs would quit whinning so loud whenever someone calls you a poo poo headed moron or whatever.

Boo f_in hoo! I swear my next bomb is going to be a box of f_in Kleenex to the next cry-baby I deem worthy. Deal with it! :0)

I'm so proud of my lil' JJ! He says it just like it is (ususally takes the words right outta my mouth)!

lil??? JJ you been showin off them Other parts again Bro????

LMAO!!!!!!

Hog