Chambliss takes a leadership risk

By endorsing a $3.7 trillion deficit-reduction deal in Washington, U.S. Sen. Saxby Chambliss has risked making himself a target of an angry Republican base here in Georgia, regardless of how the crisis is finally resolved.

The proposal embraced by Chambliss and other members of the bipartisan Gang of Six calls for major cuts in Social Security, Medicare and other programs,, which conservatives support. However, it also proposes collecting an additional $1 trillion in revenue over the next 10 years, and conservative orthodoxy insists that any plan that produces additional government revenue is betrayal.

Under the circumstances, the last thing Chambliss needs is some liberal columnist praising his willingness to lead on a tough issue of great national importance. And it would hurt the senator even more to contrast his leadership with the absence of leadership among his fellow Republicans in Georgia’s House delegation, most of whom have taken a deeply irresponsible approach to the nation’s fiscal crisis.

So I’ll make sure not to say those things.

Instead, maybe it would be better to condemn Chambliss for backing a plan that would cut future Social Security benefits by hundreds of billions of dollars. Yeah, that’s the ticket! Accuse him of being mean to old people!

Except that he’s not. The Gang of Six does propose to reduce future benefits by changing the way that Social Security benefits are adjusted for inflation. But that’s just common sense. Most experts agree that the current inflation-adjusting mechanism is set too high, and over time would boost benefits significantly higher than inflation would require. The new approach — borrowed from recommendations released late last year by a presidential commission — would be more accurate, and thus more fair.

And as Chambliss takes pains to point out, all savings generated by changes in Social Security would be used to make Social Security financially sound. It’s an important point: No revenue generated by the self-insurance program is being spent elsewhere.

In fact, any liberal groups or politicians who attack the Gang of Six proposals regarding Social Security are probably playing politics. The changes sought by Chambliss and his colleagues are reasonable and would be necessary regardless of the nation’s larger fiscal challenges.

Still, that doesn’t exactly improve Chambliss’ standing with his base.

How about ObamaCare? While the Gang of Six doesn’t propose to repeal the entire health-care reform package so hated by conservatives, it does call for abandoning one of its major new programs. The Community Living Assistance Services and Supports program, also known as the CLASS Act, was created to be a voluntary self-insurance plan in which citizens paid monthly premiums in return for long-term nursing-home care should they need it.

The Gang of Six plan calls for outright repeal of CLASS, noting that recent analysis has cast doubt on the program’s ability to be self-sustaining, as required by law.

“Simply put, it could be difficult, if not impossible, to balance money coming into the program with the money that could ultimately flow out, and thus to create a program that would be solvent and sustainable,” as the Robert Woods Johnson Foundation reports.

So hey, killing part of ObamaCare ought to buy Chambliss at least some protection on his right flank, correct?

Still, there’s that little matter of $1 trillion in revenue increases. Poll after poll demonstrates that most Americans support attacking the debt problem through both spending cuts and tax increases. Politically, it’s the only way to cut a deal. And mathematically, it’s impossible to address the debt through spending cuts alone. The numbers just do not work.

As Chambliss noted in a discussion at the AJC back in April, non-defense, non-entitlement spending accounts for just 12 percent of the budget.

“Now you could cut out that whole 12 percent and you wouldn’t solve this problem of $14 trillion in debt,” he said. “You got to have enough money to run the government and you got to have excess money to start paying down on that debt.”

Yes, you do. Unfortunately, many of his fellow Republicans just can’t bring themselves to believe it.

– Jay Bookman

484 comments Add your comment

Jm

July 22nd, 2011
6:57 am

Where’s that headline about liberal democrats killing the debt deal and putting a gun to the head of the US economy. Good thing I’m not holding my breath.

Fair praise for gang of 6 and chambliss in this column, Jay. Even if it is the kiss of death.

Jm

July 22nd, 2011
7:01 am

Don’t look people. While you have a coronary over tour socialist benefits, your taxpayer dollars are busily being used to bail out Greece. Nothing more fun than deadbeats bailing out deadbeats.

TaxPayer

July 22nd, 2011
7:08 am

Enjoy your vacation, Jay. And it’s a good thing you’re leaving the phones behind because I’m sure Saxby will be trying to track you down and force a retraction from you. As for your confession in print to being a liberal, why didn’t you simply proclaim yourself to be an Independent like the cons here do so you can all just get along. :lol: Finally, it’s good to see Saxby at least trying to do something to offset his lapdog stunt back during the Imperial Sugar plant investigation. Also, I take his actions as a sign that he might not be interested in continuing in politics after this cycle. Anyway, that is when many a politician seems to have a change of heart and decides to do something that more closely resembles work for we the people. Good for him.

USinUK

July 22nd, 2011
7:11 am

“your taxpayer dollars are busily being used to bail out Greece”

the US is a member of the EU?? and the EFSF?

wow. I leave for a couple of years and we’ve annexed Luxembourg.

Joel Edge

July 22nd, 2011
7:11 am

Here’s my problem with this. Politicians being what they are, they work to their own benefit and not ours, Jay. In all this drama, no has mentioned baseline budgeting or multiple agencies basically doing the same jobs. The problem with CLASS is that is another “voluntary” plan that eventually be supported by taxes and become mandatory. Another layer of government to provide jobs to bureaucrats. Up to some point the whole scheme will collapse. Like I’ve said, self correcting.

Gordon

July 22nd, 2011
7:12 am

From what I understand about it, the problem with this deal is that the cuts are not specific enough, and they don’t restructure entitlements which is what must be done. And even if they were, we are talking about 370 billion a year from a deficit of over 1 trillion. The cuts will bring pain, pain will bring emotion, emotion will take the place of the logic of realizing the cuts must be made, and in a world where the debt limit is not right on the doorstep the cuts will never fully materialize. CLANK, CLANK, CLANK goes the can down the road.

Larry

July 22nd, 2011
7:15 am

The problem with most of the “3 Trillion” in cuts are they are too general. I’m all for specifics. Aside from the CLASS reduction, what other specifics are in the program. If they are not delineated than yes I’m opposed as it will just be more mumbo jumbo politispeak and the “cuts” in spending will be all future based and assumes the Democratic contrlled committees will honor them while the revenue increases will be now. I am in favor of eliminating ALL of the Bush tax cuts because the part the politicians don’t want to include, those under 250,000 is where the bulk of the “lost” revenue exists. We need real cuts now.

Jm

July 22nd, 2011
7:22 am

Usinuk has obviously never heard that the US is an investor in the IMF. So sad.

USinUK

July 22nd, 2011
7:24 am

and JM hasn’t heard that the EFSF is the one providing the cash and guaranteeing hte bailout

http://www.businessinsider.com/greece-will-go-into-selective-default-in-new-bailout-package-2011-7

details schmetails

Jm

July 22nd, 2011
7:25 am

By the way, this all useless praise and discussion. THERE IS NO DEAL. The deal, such as it existed, got derailed by liberal Dems.

Donovan

July 22nd, 2011
7:26 am

Who are you trying to convince? Us? Hardly! You only support a Republican when it benefits your liberal ideology. Chambliss misses the whole point of the debt argument. UNLESS YOU SHRINK GOVERNMENT THE DEBT PROBLEM REMAINS. Stop the damn spending, cap the debt, and balance the budget. What don’t you liberals understand about it? Tax and spend is your downfall. You are killing this country.

Granny Godzilla

July 22nd, 2011
7:27 am

USinUK

You are marvelous!

Jm

July 22nd, 2011
7:27 am

Usinuk could do some reading on bloomberg. Oops, she’s wrong. Big ImF component. I won’t be linking from my iPhone, but you can do your own reading on it at any major financial news website.

stands for decibels

July 22nd, 2011
7:28 am

Jm

July 22nd, 2011
7:31 am

Granny and usinuk dumb. From bloomberg:

The Greek financing package will consist of 109 billion euros from the euro region and the IMF. Financial institutions will contribute 50 billion euros after agreeing to a series of bond exchanges and buybacks that will also cut Greece’s debt load, the leaders’ communiqué said.

USinUK

July 22nd, 2011
7:35 am

Jm – 7:31 – considering the 2010 deal was 80% EU / 20% IMF, you shouldn’t worry your pretty little head that it will hit your wallet too hard. The Europeans you so despise are paying hte lion’s share (as well they should)

http://www.france24.com/en/20110721-germany-france-agree-deal-euro-summit-looms

and, in fact, Reuters is already saying “The EFSF is expected to contribute two-thirds and the IMF one-third.”

Toby

July 22nd, 2011
7:37 am

Why doe’s everyone ignore the vast sums we spend on defense? Most of it to protect one of our friends from someone who’s not a friend at the moment?

USinUK

July 22nd, 2011
7:40 am

Left wing management

July 22nd, 2011
7:40 am

Under the circumstances, the last thing Chambliss needs is some liberal columnist praising his willingness to lead on a tough issue of great national importance.

Ooops, Jay, you forgot to put liberal in quotes. :)

Jm

July 22nd, 2011
7:43 am

Usinuk. Point is our seniors and taxpayers are still paying 15 or 20 billion while taking it on the chin. That may be life, but people houldnt be ignorant of the fact.

Toby, the military is getting very large expenditure cuts. Actually the only place in tue budget where expenditure will actually DECLINE.

Thomas

July 22nd, 2011
7:44 am

Today’s motto- “When wrong- deflect”

Good update on the gang of 6 (gotta love the nomenclature)

Have a good trip.

USinUK

July 22nd, 2011
7:46 am

LWM – I think he, like I, prefers “commie pinko muslim socialist-symp” … or something.

Jm

July 22nd, 2011
7:46 am

Usinuk. Care to actually fessing up go being wrong, or you just prefer saying 20 billion is no big deal? Another liberal dodge-weave-flip flop, illustrated on page 1 already. Sheesh.

richard straus

July 22nd, 2011
7:49 am

stands @ 0728 – good one re: Boehner

carlosgvv

July 22nd, 2011
7:49 am

It is no accident that Chambliss has been elected and re-elected by Georgia voters. While Tea Party politicians are following blind ideology, Saxby has been listening to his corporate sponsors, who have decided a default is not in their best financial interests. So, to keep the campaign cash flowing, he is doing as he is told. If this were not such a serious situation, it would be funny to see the look on the faces of Big Business when Tea Party politicians thumb their noses at them and stick to their insane dogma. In the end, money will talk and BS will walk, as it always does.

USinUK

July 22nd, 2011
7:49 am

Jm – “Point is our seniors and taxpayers are still paying 15 or 20 billion while taking it on the chin”

the point is that, even at 33% being funded by the IMF, that’s not coming entirely from the US as the IMF is comprised of more than 200 countries (yes, the US is the biggest, but it is by no means the only one funding the organization)

USinUK

July 22nd, 2011
7:50 am

was I wrong about the IMF funding? yes.

were you wrong about the impact on senior’s wallets? definitely.

Jm

July 22nd, 2011
7:52 am

Buddy Roemer is running for potus? I got no clue who this guy is other than former gov of LA. This should be innerestin.

Bud Wiser

July 22nd, 2011
7:54 am

‘Chambliss’ and ‘leadership’ should never be in the same sentence, Bookman.

Could it be that this perennial Republican lap dog is barking the same cadence as you left wing sycophants and media stooges?

The only way you could ever say anything about Sad Sack Chambliss that is not disparaging is that he has aligned himself, however narrowly, with a democrat position, or has caved to Obama yet again.

I suspect both are at work here.

Left wing management

July 22nd, 2011
7:55 am

Jay: In fact, any liberal groups or politicians who attack the Gang of Six proposals regarding Social Security are probably playing politics.

Nonsense.

The liberal groups are not attacking the Go6 proposals simply because they propose cuts to the big three, and I’m surprised that you’d fall for such a lazy oversimplification.

The liberal groups are attacking the very suggestion that with wealth concentrated at unprecedented levels in this society — as you well understand — with zero members of the high earning class having faced prosecution for the financial crash they caused 3 years ago, with one of the country’s two parties — and a good part of the second one — dedicated to protecting this class from any additional responsibility in maintaining the nation’s safety net and its core public institutions, it would be the middle and lower classes who bear the ENTIRE burden of balancing the budget, and this under spurious circumstance with a fake, phony, trumped up crisis that was staged simply for the purpose of EXTORTING such a grab.

THAT’s what we are enraged about. Not “politics”, as you say.

By the way, when people throw around this word “politics” as though there’s some realm where everyone should finally put aside their passions and convictions and just do what they’re supposed to do. I don’t buy it.

Jm

July 22nd, 2011
7:55 am

Usinuk 7:49. Thanks. I was already aware of that.

But not everyone here necessarily was. But yes the US is far and away the largest contributor to the IMF.

USinUK

July 22nd, 2011
7:58 am

Jm – Roemer?

criminey. there’s a blast from the past.

Jm

July 22nd, 2011
7:59 am

Good thing the EU got their pal Lagarde in the IMF catbird seat…..

That old saying, lost in modern generations needs to be relearned: debt is bad. (and a 4 letter word)

Mick

July 22nd, 2011
8:02 am

jm

The sky is falling, the sky is falling – snap. It’s another beautiful day in paradise, enjoy it…

USinUK

July 22nd, 2011
8:02 am

Jm – 7:59 – better Lagarde than DSK

Thomas

July 22nd, 2011
8:03 am

was I wrong about the IMF funding? yes.

were you wrong about the impact on senior’s wallets? definitely

The above could change this from a quasi beatch/blog/facebook page to something meaningful. Not trying to be Rodney King, but we blog about the incompetencies of DC and their unwillingness to compromise while “we” can’t agree on the color of the sky on a given day and if we do, which party is responsible for said color.

anyway

Whahema

July 22nd, 2011
8:06 am

Saxby is showing a lot more courage and flexibility than say… Harry Reid who is demanding his way or the highway.

Peadawg

July 22nd, 2011
8:09 am

So Saxby pissed off Republicans by allowing tax increases and Obama pissed off Democrats by allowing Medicare and SS changes.

It’s gonna be good!!!!!!!!!!!

TaxPayer

July 22nd, 2011
8:11 am

We need jobs also. Jobs are the key to ultimately generating the revenues needed to finance government. The Republicans can actually help out in this one area by simply starting the election campaigns earlier in the cycle and paying their workers a decent wage. Then that money will be circulated in the economy for expensive bottles of wine and shows at swanky night clubs and maybe even some food and hotel accomodations. Declare your run for the Presidency, Republicans. Do it now. Do your part for the economy.

Left wing management

July 22nd, 2011
8:12 am

Running out of gas here already?

Oh yeah, it’s Friday. Fat lady’s already warming up …

USinUK

July 22nd, 2011
8:16 am

LWM – well, we could always talk about this, instead: “I’m afraid Paris resisted the opportunity to retort: “I am big. It was the sex tapes that got small.”"

http://www.guardian.co.uk/lifeandstyle/lostinshowbiz/2011/jul/21/is-paris-hiltons-career-waning

(one of the funnier reads I’ve seen in a while)

RB from Gwinnett

July 22nd, 2011
8:19 am

It’s still amazing to me we still have people who believe if we just give the government some more money, they’ll be responsible for it this time.

Maybe if it was YOUR money you were putting in the kitty you’d have a different opinion of the matter, but since all you liberals ever do is fleece the evil millionairs and billionairs, you don’t care.

Jm

July 22nd, 2011
8:19 am

Mick true, nice weather in the BVI’s. 2 days of sailing in a dingy with windy weather, and I’m wiped out. Funny thing, they use the $ and even though they’re in a different time zone they all run on ET. Maybe it has something to do with DST or something.

Usinuk re dsk, true dat.

Fletch

July 22nd, 2011
8:22 am

RB from Gwinnett – “but since all you liberals ever do is fleece the evil millionairs and billionairs, you don’t care.”

Wow, I’m not a liberal or a partisan player, but that statement is so broad it’s just plain stupid.

Jm

July 22nd, 2011
8:24 am

Buddy roemer on CNBC. He doesn’t sound half bad. And sounds pretty smart too.

RB from Gwinnett

July 22nd, 2011
8:28 am

“Wow, I’m not a liberal or a partisan player,”

That would appear to be a lie.

Apparently, you haven’t heard any of Obama’s numerous speaches lately whining about the evil rich people not paying their “fair” share while ignoring the percentage of the tax bill they actually pay. Perhaps you should educate yourself before you comment any further.

Left wing management

July 22nd, 2011
8:28 am

It’s still amazing to me we still have people who believe if we just give the government some more money, they’ll be responsible for it this time.

Troglodyte central.

Yeah, it’s the “government” that has trouble managing money.

And the evidence for this is what?

Your cliches are worth nothing here dude.

Larry

July 22nd, 2011
8:32 am

Left Wing

If any insurance company or mutual fund did what the Feds did with SS….

How about the cases of $800 toilet seats for DOD….

I believe we all understand that they don’t manage our money very well

USinUK

July 22nd, 2011
8:35 am

Larry – what the Feds did with the SS???

and, as far as the $800 toilet seat, you don’t think that you pay a mark-up when you go to WalMart?

Left wing management

July 22nd, 2011
8:35 am

Larry: How about the cases of $800 toilet seats for DOD….

And how often do we see such citations of wasteful abuses lead to actual reductions in said budgets.

The answer: we don’t. DOD continues to balloon and grow apace.

Besides, the presupposition there is that the so-called “private” sector — it’s an abstraction, it doesn’t really exist — does somehow manage money well.

It doesn’t.

And it’s even worse, because it’s harder to vote out the perpetrators.

Fletch

July 22nd, 2011
8:36 am

RB from Gwinnett – “Perhaps you should educate yourself before you comment any further.”

Gosh thanks RB. I guess I wasn’t aware that Saxby Chambliss was a liberal. Then again, it’s still early here in Scobey. I suppose could have missed something, NEMONT doesn’t have the best connectivity in the world. But in North Eastern Montana it’s all we’ve got.

BlahBlahBlah

July 22nd, 2011
8:37 am

I love it. Instead of saying “rich people” right wingers say “job creators”. Instead of saying “raise taxes” left wingers say “increase revenues”

Fools. All of them.

Fletch

July 22nd, 2011
8:39 am

BlahBlahBlah – “Fools. All of them.”

If your referring to all politicians both Left and Right and the sheep who blindly follow them, I couldn’t agree with you more.

1811/0311

July 22nd, 2011
8:39 am

“Chambliss takes a leadership risk”

“Obama fails to take a leadership risk”

What ………… no chart ?

Next ………………….

P.S.

If you’re planning a move to another state, check this out for the top ten most taxed states and the top ten least taxed states.

Notice the pattern here ?

http://finance.yahoo.com/taxes/article/113173/states-pay-most-least-taxes-247wallst

USinUK

July 22nd, 2011
8:39 am

Blah(cubed) – “Instead of saying “rich people” right wingers say “job creators”. ”

seriously.

when you consider that 70% of GDP comes from consumer spending EVERYone is a job creator

USinUK

July 22nd, 2011
8:45 am

:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

okay, I’ll play along.

Let’s look at Scout’s list …

and compare them to THIS list

http://www.taxfoundation.org/research/show/266.html

notice a coinkidink???

the states that are the LEAST taxed are also the biggest net recipients of Federal taxes.

(shhhhhh …

Larry

July 22nd, 2011
8:45 am

How about turning it into a giant ponzi scheme? There have been more than a few guys who have gone up the river taking funds that were supposed to be dedicated to bankroll spending in other areas.

RUSM re: you’re Walmart comment.

How about having folks fill out forms that never get looked at but that we have departments of people supervising the filing of these papers that never get looked at? I know of at least one such group in HUD and speaking of HUD, how about the redundency of programs? And what about Dept of Energy – created by Carter to reduce our dependance on foriegn oil, that’s been very effective use of our money, etc.

duzen

July 22nd, 2011
8:46 am

The Gang of Six proposal from another point of view….

Raises the national debt by $6,000,000,000,000 over 10 years (they try to spin it by saying that it cuts over $3 trillion, but that cut is out of the over $9 trillion that we are currently looking at. Meaning that we still haven’t addressed the problem.)
Removes the mortgage interest tax deduction which will plummett home values and continue the housing slump.
Removes the cap on social security tax which means that the wealthy will pay higher taxes and will stall any chance at recovery.

This bill will keep us on the exact same downward sprial that we are currently on.

JohnnyReb

July 22nd, 2011
8:46 am

Yep, if someone in the mould of Rubio, whether red, yellow, black, blue, or God forbid white – were to challenge Chambliss, Saxby would be moved to the front porch.

USinUK

July 22nd, 2011
8:47 am

Larry – “turning it into” a giant Ponzi scheme?

darlin, that’s how it was set up. nothing has changed.

roach coach 2012

July 22nd, 2011
8:47 am

Once obama & co. are booted out, the bleeding will cease.

Until then, it’s free obama burgers and bloody socks…

bon appétit

Recon (2nd.and 3rd.)

July 22nd, 2011
8:47 am

Unfortunately the “Gang of Six” has only put up a framework with the details still requiring work. It may be the basis for a short term deal that would allow time for those details to be worked out.

Larry

July 22nd, 2011
8:49 am

USinUK – Thank you for validating my point. The issue is how well they manage money!

AmVet

July 22nd, 2011
8:52 am

Mystery meet, if BHO is one and done, pray tell who exactly is going to unseat him?

Herman Cain? Newt Gingrich? Michele Bachmann? LOL!!!

You neo-cons are your own worst enemy and very much screwed.

The sad part is that misery loves company and you’re very willing to grin like idiots while you screw everyone else, as well…

And once again, evil is the word of choice when no intelligent adjectives can be summoned.

But I did love that goofy stuff about “job producers”. Look around, you Arnold Einsteins…

USinUK

July 22nd, 2011
8:53 am

Larry – I don’t think you’re making the point you think you’re making.

the SS is in the black. it has more people paying in than taking out.

and it always has done.

as far as people filling out forms, I don’t know what you’re talking about – having gone through the immigration process (and watching my friend go through it now) I can promise you that is NOT the case in every area of gov’t

USinUK

July 22nd, 2011
8:54 am

“Once obama & co. are booted out, the bleeding will cease.”

ohsweetjeebus.

okay, that’s even funnier than the Paris Hilton article.

Peadawg

July 22nd, 2011
8:55 am

“Yeah, it’s the “government” that has trouble managing money.

And the evidence for this is what?”

If you need that explained to you then can I suggest some kind of therapy? Possibly electro-shock with the things attached to head while you say “I will not say stupid sht anymore*?

jconservative

July 22nd, 2011
8:55 am

“The deal, such as it existed, got derailed by liberal Dems.”

Actually the largest deal, $4.0 trillion, was derailed by Eric Cantor.

So we will end up with a significantly smaller deal. The Tea Party went to Washington to reduce spending; they will end up just riding a pony. They turned down a $3 trillion cut in spending and will settle for about one-half of that.

RGB

July 22nd, 2011
8:56 am

The proposal embraced by Chambliss and other members of the bipartisan Gang of Six calls for major cuts in Social Security, Medicare and other programs…

“Major cuts?”

Since spending increases $6 trillion over 10 years under the Gang’s [non] program, how do you figure these programs will be cut? Do you mean a reduction from the baseline budget which increases every year? If so, you should clarify that point.

Based on the words you wrote, you are stating that the amounts expended for these programs will decline. I don’t think that’s right and if not, you should clarify/correct it.

Larry

July 22nd, 2011
8:59 am

If private enterprise set up a ponzi scheme, they would be put in jail. End of discussion.

I’m quitesure there are some areas that run smoothly, but I’m just as sure there is a layer of fat that should be removed.

Chris

July 22nd, 2011
9:02 am

The GAng six plan also included getting rid of the homeowner’s interest mortgage deduction and deductions to pruivate charities…Why are the media ignoring this part of the plan? Are they trying get it snuck through?

Left wing management

July 22nd, 2011
9:04 am

Peadawg: “If you need that explained to you then can I suggest some kind of therapy? Possibly electro-shock with the things attached to head while you say “I will not say stupid sht anymore*?”

Limbaugh saying it’s so doesn’t count.

So as I said, I’ve heard no convincing evidence that there’s something about “government” that is inherently inclined to waste that is not equally true of the private sector (whatever that is, it depends on government to exist, it’s parasitic off government, etc.).

USinUK

July 22nd, 2011
9:04 am

“If private enterprise set up a ponzi scheme, they would be put in jail. End of discussion. ”

of course, the difference is that, in cases such as Madoff, the people never saw their money.

with SS, you will. as will your children if you die or are incapacitated when they’re still minors.

biiiiiiiiiiiiiiiig difference. huge.

Chris

July 22nd, 2011
9:05 am

USinUK..YOu are wrong about SS….THIS year SS actually is paying OUT more than it is taking in…They had thought it wqouldn’t happen for another 8 or 9 years, but with the bad econony more people “retired” a little earlier than they had planned and entered into SS.

zeke

July 22nd, 2011
9:07 am

I am sick and tired of you leftist morons referring to SS and Medicare as entitlements! THEY ARE NOT! Workers have been forced to pay the absurd tax of these programs for decades, so too their employers and if not employed the self employed worker pays a much higher rate! Admittedly, those TAXES may not fully fund the lifetime payouts for some, but, that should be offset by those who die before receiving any benefit or after only a couple of years on the system! The proposed means testing is just another redistribution scheme of the left! If a worker pays the tax on a 100 thousand dollar income they should receive benefits accordingly! The true entitlements are medicaid, wic, adc, food stamps, excessive unemployment payments, and the double dipping of workers who retire from the military or other government employment, receive retirement income, then at the same time go to work for another government agency like the postal service!!!

Mike

July 22nd, 2011
9:07 am

Chris,
As a homeowner, I reluctantly agree with the need to get rid of the homeowner’s interest mortgage deduction. Many Americans have made foolish decisions to buy houses they can’t afford, and part of the reason is so they can get a deduction on their income taxes. The purpose of the tax code should be to raise revenue, not to encourage home ownership ( which we now know can be a curse as much as a blessing.)

USinUK

July 22nd, 2011
9:08 am

Chris got a linkee for that? just googled, can’t find.

roach coach 2012

July 22nd, 2011
9:08 am

Look.

Since the dems took over in ‘06 – it’s been all down hill.

You preach hope and change?

then prove it.

JohnnyReb

July 22nd, 2011
9:09 am

zeke – you were doing ok until you added military retirement.

Peadawg

July 22nd, 2011
9:10 am

“Limbaugh saying it’s so doesn’t count.”

I don’t listen to Limbaugh, punkin. I don’t need people to tell me how to think.

Keep Up the Good Fight!

July 22nd, 2011
9:11 am

Left wing management

July 22nd, 2011
9:11 am

Larry: “If private enterprise set up a ponzi scheme, they would be put in jail. End of discussion”

Am I reading you correctly? Are you suggesting private enterprise is somehow immune to setting up ponzi schemes (a howler) and that when they do they promptly go to jail (even more a howler)?

Tell me I misread you, please ..

Shawny

July 22nd, 2011
9:11 am

“major cuts in Social Security”, really? This morning on NPR he said it amounted to a 0.3% reduction in benefits.

Nice endorsement of Chambliss. Thanks

Doggone/GA

July 22nd, 2011
9:18 am

“This morning on NPR he said it amounted to a 0.3% reduction in benefits”

Are you sure you heard correctly? Everything I’ve seen and heard was a .3% reduction in future Cost of Living adjustments.

USinUK

July 22nd, 2011
9:22 am

Keep up – am I missing something

•Income including interest to the combined OASDI Trust Funds amounted to $781 billion ($637 billion in net contributions, $24 billion from taxation of benefits, $117 billion in interest, and $2 billion in reimbursements from the General Fund of the Treasury) in 2010.
•Total expenditures from the combined OASDI Trust Funds amounted to $713 billion in 2010.

last time I checked $781 > $713

Brosephus

July 22nd, 2011
9:22 am

If the logic and intelligence on display here is representative of the country as a whole, the best course of action would be to go full throttle into collapse. Maybe the bumper sticker way of life can finally be eradicated for good. There have been more talking points played here than in a full week of party convention speeches.

USinUK

July 22nd, 2011
9:25 am

Brocephus – and happy Friday to YOU! :-)

or, as my sister likes to say, sometimes the gene pool needs a little chlorine

roach coach 2012

July 22nd, 2011
9:29 am

“If the logic and intelligence on display here is representative of the country as a whole, the best course of action would be to go full throttle into collapse”

Vote obama and lets get pelosi back behind that gavel pronto!

Keep Up the Good Fight!

July 22nd, 2011
9:30 am

•The point at which non-interest income fell below program costs was 2010. Program costs are projected to exceed non-interest income throughout the remainder of the 75-year period.

USinUK, I think they are referring this but not being precise.

Bosch

July 22nd, 2011
9:30 am

I hate to say it, but Chambliss is doing well. There, I wrote it…now for a shower.

Left wing management

July 22nd, 2011
9:31 am

Peadawg: “I don’t listen to Limbaugh, punkin. I don’t need people to tell me how to think.”

As I said the other day, it’s a STYLE of thinking that for me earns the label “Limbaugh”.

It’s possible to speak Limbaughese without heaving ever heard the man.

jeff

July 22nd, 2011
9:31 am

Jay, do you support the idea of a balanced budget amendment? And if not, why not?

Brosephus

July 22nd, 2011
9:32 am

USinner

:) and a T.G.I.F. to you too. I got a feeling that ole P&V is alive and well today.

USinUK

July 22nd, 2011
9:33 am

“The point at which non-interest income fell below program costs was 2010. Program costs are projected to exceed non-interest income throughout the remainder of the 75-year period.”

ohsweetjeebus.

are you kidding me? this is causing the outbreak of chicken little fever?

Just saying..

July 22nd, 2011
9:33 am

Have had no use for Chambliss since his (lack of) service to the country during the Vietnam war, followed up by his public linking of triple amputee veteran Senator Max Cleland to Osama bin Laden, so Chambliss could take the seat for himself. But…, since life is about Now, I absolutely have to give Chambliss his props for what he’s doing now. To stand up in this current mob of Know-Nothings masquerading as Republicans, and try to not only talk sense to them, but to illustrate what a adult representative of the people should be doing… An act of political and moral courage, without question. You’ve earned a salute of respect from this Vietnam vet, Senator Chambliss.

Ninja

July 22nd, 2011
9:33 am

“It’s possible to speak Limbaughese without heaving ever heard the man.”

Well of course, he’s just holding up a mirror to the people who would buy into that garbage. He doesn’t actually buy it for a second.

USinUK

July 22nd, 2011
9:33 am

Brocephus -

(rubbing hands together gleefully)

EXCELLENT!! glad to hear it! I love it when you tap a keg of Brocephus!

Logical Dude

July 22nd, 2011
9:34 am

JohnnyReb @ 8:46
“Saxby would be moved to the front porch.”

Forgive my ignorance of the phrase, but what does that even mean?

Peadawg

July 22nd, 2011
9:35 am

“It’s possible to speak Limbaughese without heaving ever heard the man.” – LOL never heard that before. That’s a very funny opinion.

Rafe Hollister

July 22nd, 2011
9:41 am

GWB spent 1.6B per day during his reign of excessive spending.
BHO spends 4.1B per day during his reign of decadance and redistribution.

Where is the presidents plan to reduce spending as he is the one doing the spending?

70% of Americans want a balanced budget amendment, you didn’t mention that stat, Jay.

Left wing management

July 22nd, 2011
9:41 am

zeke: ” am sick and tired of you leftist morons referring to SS and Medicare as entitlements! THEY ARE NOT!”

You’re right. SS is NOT a medicate. It’s a contract.

We’re being screwed out of it.

Bruno

July 22nd, 2011
9:42 am

Removes the mortgage interest tax deduction which will plummett home values and continue the housing slump.

And don’t forget the ripple effect on the renter’s market. Without the mortgage interest deduction, which is really a “business” deduction, rents will have to go up across the board so that we “greedy” landlords can come close to breaking even at the end of the year.

The original purpose of the mortgage interest deduction was to encourage home ownership which leads to a more stable society. Take that away and wealth will become even more concentrated in the hands of the super-rich. Bad idea, IMO.

josef

July 22nd, 2011
9:43 am

Yep.. Stands to reason it would be the Gang of Six. They had this worked out, too. Ho-hum. Same old same old at that level. Anyway, Saxby…All the folks who keep kevtching that our host “never” has anything good to say about Republicans (and let’s be real, he does sometimes trot out “them” for gratuitous purposes, but…). No wonder they don’t remember he DID. They seem to have trouble recognizing it when he IS.

It must be the upcoming vacation that’s got him in such an expansive mood… :-)

Logical Dude

July 22nd, 2011
9:44 am

Rafe: 70% of Americans want a balanced budget amendment

As much as I would want a balanced budget amendment, I understand that the country, at times, needs to run a deficit for the good of the country.

Now, when you run deficits for about 40 years and reach a point where interest payments on that debt take up about 20% of your budget. . . well. . . then the balanced budget amendment looks needed to get these financial bozos on the right track.

USinUK

July 22nd, 2011
9:45 am

Bruno!! hey dawg! sorry I’ve missed you in your recent late-night forays!

how’s tricks? still digging the new gig?

got a new gig myself, these days :-)

Chris

July 22nd, 2011
9:46 am

SinUK I was WRONG…according the NY Times and about 8 other articles I just glanced over…SS begain paying more thani it is taking in LAST year! http://www.nytimes.com/2010/03/25/business/economy/25social.html

USinUK

July 22nd, 2011
9:46 am

Bruno – “The original purpose of the mortgage interest deduction was to encourage home ownership which leads to a more stable society”

as I said to someone the other day – the UK hasn’t had the mortgage interest deduction in years and folks still buy houses every day – in fact, home ownership is as embraced here as it is in the US

Rightwing Troll

July 22nd, 2011
9:46 am

” Tax and spend is your downfall. You are killing this country.”

As opposed to the death you wish for, which is cut taxes and spend.

Left wing management

July 22nd, 2011
9:47 am

Rafe: “70% of Americans want a balanced budget amendment, you didn’t mention that stat, Jay.”

All observers agree the so-called “balanced budget amendment” is an idea so idiotic there just aren’t enough sneering laughs to drown it with.

It’s an idea fit for morons.

So drop it. Everyone else who thinks has.

USinUK

July 22nd, 2011
9:48 am

Chris – I refer you to the SS’s own announcement (prev page) – they took in $781, they paid out $713

you do the math.

josef

July 22nd, 2011
9:50 am

BRUNO

No problem with me on cutting the mortgage exemption…at least for non owner-occupied. CLASS is a good idea, but the feasibility at this time may not be there…it’s not exactly putting granma on an ice floe…

Chris

July 22nd, 2011
9:50 am

So you are denying that SS is paying out more in benefits than they are now taking ‘in”? Typical liberal….

Brosephus

July 22nd, 2011
9:51 am

Maybe I spoke too soon about the talking points. I wonder if the GWB spending figure includes the scuffling in the sandboxes. We know he never included it in the books. I also wonder who did the polling that came to the conclusions that 70% of Americans want a balanced budget amendment. I wasn’t asked, as I think it’s an absolutely assinine way to deal with current issues.

Bruno

July 22nd, 2011
9:51 am

am sick and tired of you leftist morons referring to SS and Medicare as entitlements! THEY ARE NOT!

zeke–My view from the right is that they ARE entitlement programs when you compare what the average senior draws out of the system vs. what they contributed in their lifetimes. Not enough time to pull stats, but I think most seniors draw out about $1200 per month in SS and no telling how much in Medicare benefits. Just on the SS side, that equals $14,400 per year times probably 15 years or more which comes out to well over $200,000. Most seniors I know only paid a small fraction of that into the system. Obviously inflation factors into the equation, but I would have to believe that the benefit/contribution ratio is still pretty high. Maybe Jay can come up with some stats to confirm or deny my hypothesis.

RedEye

July 22nd, 2011
9:53 am

The gang of six plan to date has almost no details, therefor I don’t care about it until more information is provided.

USinUK

July 22nd, 2011
9:54 am

Chris –

“•Income including interest to the combined OASDI Trust Funds amounted to $781 billion ($637 billion in net contributions, $24 billion from taxation of benefits, $117 billion in interest, and $2 billion in reimbursements from the General Fund of the Treasury) in 2010.
•Total expenditures from the combined OASDI Trust Funds amounted to $713 billion in 2010.”

Income = 781
Expenditures = 713

you. do. the. math.

USinUK

July 22nd, 2011
9:55 am

Bruno

July 22nd, 2011
9:55 am

josef and USinUK–I’m sure that we would find a way to adapt to whatever changes come our way. I’m just looking out for my own pocketbook. ;-)

Also, so you know, USinUK, my 11:39 diatribe last night about women doesn’t apply to you. ;-)

Rightwing Troll

July 22nd, 2011
9:55 am

I’m game.
Do away with the DOE, but there does need to be a national standard for people like me (military brats) who moved every 2-3 years my entire life until the late teens.

Close out the useless wars, Obama accomplished our objectives in Afghanistan, and we never should’ve gone into Iraq to begin with.

Cut the defense budget and all foriegn aid.

Close loopholes but don’t neccesarily raise rates.

Get rid of redundant and bloated departments and “Czars”.

End the “war on drugs”, the “haves” have all the access they need to legal narcotics (Rush Limbaugh for example) while the “have-nots” turn to the streets for them.

End subsidies for Oil, and Farming, and make any money given to Pharma contigent on it being spent on R & D, not marketing (like Viagra).

What’d I miss?

Mick

July 22nd, 2011
9:58 am

usinuk

I actually once ran into paris hilton here in miami about five years ago, she was actually pretty cool and not a snob at all. So her “career” whatever that may be, will ebb and flow. What once was old will eventually become new again…

Southern Conservative

July 22nd, 2011
9:59 am

I’m proud to see our senior senator take a leadership position on an issue of national importance. We sent him to Washington to LEAD, remember? In life and in politics, compromise may be painful, but its often necessary for progress. Both Republicans and Democrats made concessions to form this “Gang of Six” proposal. It’s called being a “grown up”. Something you don’t often see on Capitol Hill and something many readers of the AJC are clearly unable understand. Regardless of whether the plan is adopted into law, Saxby Chambliss is to be commended for at least doing his part in offering a real solution.

Laurie

July 22nd, 2011
9:59 am

I don’t understand why people are surprised that Chambliss would help come up with a bill that cuts tax credits which benefit the middle class most, and gives top earners in this country a 6% tax decrease. That is, after all, what republicans want isn’t it? To keep the dwindling middle class working their fingers to the bone so rich campaign contributors can continue their greedy gluttonous lifestyles?

Brosephus

July 22nd, 2011
10:00 am

The mortgage proposal would only apply to second mortgages and mortgages exceeding $500k if I remember correctly. Most Americans wouldn’t notice the difference.

Keep Up the Good Fight!

July 22nd, 2011
10:00 am

USinUK… Yes I think that is what Chris is blaming liberals — his failure to understand what the problems truly are because its not easy to bumper sticker…. SS program non-interest income is below total program costs, but again, part of the entire plan is INTEREST on money paid and that is fine until 2036. There are some tweaks needed but SS is not a “disaster” as they imply. It is a viable operating program impacted by the baby boom. The Disability Insurance Trust Fund portion is more problematic but overall impact in included in 2036.

Rightwing Troll

July 22nd, 2011
10:01 am

” What once was old will eventually become new again…”
Like trickle down econimics? After 30 years being trickled on, and proof that it’s a useless concept, we still have to listen to all the bleating about “job creators” and how we should subsidize them.

Uncle Jed

July 22nd, 2011
10:02 am

Still, that doesn’t exactly improve Chambliss’ standing with his base.
+++++++++
Yep.

I haved voted for Saxby in the past and will likely do the same in the future, absent a better choice. But Saxby and “leadership” are distant cousins.

USinUK

July 22nd, 2011
10:03 am

Bruno – 9:55 – didn’t see it … won’t scroll back ;-)

so is life treating you well?? are you happy? hope so! you’ve been missed round these here parts! :-)

Bruno

July 22nd, 2011
10:03 am

it’s not exactly putting granma on an ice floe…

Oops, did I accidentally forward you a copy of my letter to my Congressman on how to solve the “Senior Problem” ??

USinUK

July 22nd, 2011
10:04 am

Keep up – and, lest we forget, once the return for treasuries rises again, interest income will also rise.

md

July 22nd, 2011
10:05 am

“Yeah, it’s the “government” that has trouble managing money.

And the evidence for this is what? ”

http://www.businessinsider.com/two-navy-ships-henry-eckford-benjamin-isherwood-scrapyard-2011-7

Glad 300 million is small change…………..

USinUK

July 22nd, 2011
10:05 am

Mick – so you’re mixing with the rich and famous!!!

:-)

(we always suspected you were suave and debonair!)

Toby

July 22nd, 2011
10:08 am

I believe Bernie Sanders; the gang is cutting for profit’s sake & immorally putting money for few before the well-being of many.

Bruno

July 22nd, 2011
10:08 am

Working my tail off for now getting our new clinic off the ground. Happy?? I think you know me well enough to know that word isn’t in my vocab. More fun to complain all the time. ;-) Actually, quitting that last job turned out to be a huge blessing in disguise. Now, if I can only land a date with my new object of affection…….

Mick

July 22nd, 2011
10:11 am

usinuk

Well, not exactly mixing, more like at the right place at the right time. I didn’t think much of her before our encounter but she really was down to earth. I must have caught her at her peak of her 15 mins. when it was all good…thanks for the complement, I like to try to picture you rollerblading along south beach wild and free..

md

July 22nd, 2011
10:13 am

“The mortgage proposal would only apply to second mortgages and mortgages exceeding $500k if I remember correctly. Most Americans wouldn’t notice the difference.”

Maybe…..maybe not.

Depends on the reasons for buying that second house or bigger home. If it’s done as an investment, and returns are better elsewhere after the change, that may affect many in the housing industry (whats left of them anyway).

Doggone/GA

July 22nd, 2011
10:14 am

“Most Americans wouldn’t notice the difference.”

I wouldn’t notice it no matter what they did. My income & deductions have come out that it’s better to file the short form for nearly 10 years now. So, in effect, I don’t “get” to deduct my mortgage interest anyway.

Keep Up the Good Fight!

July 22nd, 2011
10:14 am

UK – yep, and when employment goes up so will non-interest income. SS is not the problem in our debt situation. The problem is paying back the money Congress borrowed from the SS fund as promised when they cut taxes because of a perceived surplus which never developed. But an honest discussion about that would likely lead to real discussion that taxes need to be increased as well as spending and waste cut.

Message from Matti

July 22nd, 2011
10:14 am

Uh-oh… now I’m compelled to go read a diatribe about women.

Today’s column about Sen. Chambliss has a lesson in here for all of us, or rather, those of us who are actually interested in lessons. I know what it is. How about y’all? Anyone? Anyone?

USinUK

July 22nd, 2011
10:15 am

Bruno “Actually, quitting that last job turned out to be a huge blessing in disguise. Now, if I can only land a date with my new object of affection…….”

go Bruno – go Bruno – go Bruno!!

I am so glad that the move turned out to be a good one. well done, you!! and huzzah!!

josef

July 22nd, 2011
10:15 am

BRUNO

So, you told him to put Granma on an ice floe? Did he “reply” telling you how much he apprciated your in put and would seriously consider your ideas? :-)

Left wing management

July 22nd, 2011
10:17 am

Toby: “I believe Bernie Sanders; the gang is cutting for profit’s sake & immorally putting money for few before the well-being of many.”

Exactly.

What’s being lost here is the fact — and it’s plain as day — that the VERY FACT that we’re having this pseud-debate ALREADY in and of itself means the situation has been hijacked by a right wing ideology that is seeking to shift blame for the financial crisis and shield the financial and corporate elite from any blame for the fact that they’ve ALREADY been able to go scot free and evade responsibility for maintaining our public institutions.

So what’s the best way to give them cover for their corrupt misdeeds?

The best way is to turn around and argue that we haven’t given them ENOUGH free rein. Orwellian doesn’t begin to touch what this amounts to. It’s almost too ghastly for words, the whole thing.

USinUK

July 22nd, 2011
10:17 am

Mick ” I like to try to picture you rollerblading along south beach wild and free..”

and I picture you blogging wearing a pink short, panama hat and sandals! (sipping a cuban coffee … yummmm)

Mighty Righty

July 22nd, 2011
10:17 am

Jay
Under the circumstances, the last thing Chambliss needs is some liberal columnist praising his willingness to lead on a tough issue of great national importance.

Confession is good for the soul. Say three “hail Marys” take two aspirin and call me in the morning. You will feel much better.

USinUK

July 22nd, 2011
10:17 am

Uncle Jed

July 22nd, 2011
10:19 am

This from The Drudge Report:
HEATWAVE: Women Brawl Over Seat On NYC Subway…

Stunned Straphangers Look On As Women Brawl Over Seat On L Train In Brooklyn

Attend mud wrestling, maybe? Sub wrestling, doubtful. Straphanging, never. Not even when visiting San Fran. ;-)

Bruno

July 22nd, 2011
10:19 am

got a new gig myself, these days

Didn’t see that until now, USinUK–Are you still in the financial field??

BTW, you likely missed it, but I got a chance to schmooze with your favorite Governor the other day. My personal guess about you is that you would probably be happiest in some kind of political position. You just don’t share my excitement about crunching numbers.

Mick

July 22nd, 2011
10:20 am

josef

Enjoying your summer downtime? The cheating scandal in georgia has gone national news, sorry that all teachers in the state will be tainted with this scandal. Keep your head up and keep making unnoticeable miracles occur daily…

josef

July 22nd, 2011
10:21 am

logical…

“move to the front porch…” To go into retirement, sit on the front porch in a rocker…watching the world go by…

bill arp

July 22nd, 2011
10:22 am

maybe that risk is something the Prez should take….

Bruno

July 22nd, 2011
10:22 am

go Bruno – go Bruno – go Bruno!!

Obviously no one told you how old she is.

You’re still beautiful on both the outside and the inside, no matter what the right-wingers say about you here on the blog. And I’m jealous as hell that Paul got to spend an afternoon with you. Lucky dog.

Mick

July 22nd, 2011
10:23 am

usinuk

No hats for me, got a full crop of thick hair and I aims to keep it that way. I do like coffee con leche and guava’s but I still am loyal to my local dunkin donuts – it’s the simple things in life…

Mighty Righty

July 22nd, 2011
10:25 am

Saxby might want to remember why we got rid of “Ironsides”, I can’t think of his name, the one that blew himself up playing with hand grenades, for pretending to be conservative when he was in Georgia while coming out of the closet in D.C.

Ben The Independent

July 22nd, 2011
10:25 am

Even though the ‘Gang of Six’ plan buys into a degree of the liberal ‘tax and spend’ orthodoxy, I as a free thinking independent, think the ‘Gang of Six’ plan is the best compromise available.

Bruno

July 22nd, 2011
10:27 am

Hey Matti (waving vigorously)–Any luck helping your neighbor?? I put up 3:1 odds that you would. Don’t let me down or I might go broke paying out.

josef

July 22nd, 2011
10:28 am

mick

Enjoying the last few days…I have to be back early myself…don’t know which day yet, but next week. That scandal has gone international! Our school had no problems at all, but we have to wear the sh*t right along with the rest…that 800 page report was “light summer reading!” But. it’s all about what can be expected with NCLB and the Atlanta “bidness community” PR pep squad…and about all that’s going to come of this is a damage control frenzy…

Message from Matti

July 22nd, 2011
10:28 am

Ewwwww…. Bruno, your diatribe about women was utterly FETID.

What Mr. Bookman describes about Sen. Chambliss is a subset of a more universal truth: NO ONE is all good or all bad. While I despise this Senator for many things that he’s done, not the least of which was his shameless slander of War-Hero Senator Max Cleland (whom I know, but as a man, is also neither all good nor all bad) , and find his special-interest pandering to be a true betrayal to the people of this state and nation, he does appear to be trying to do the right thing on this issue. (Hope my glimmer of faith is not proven to be worthless!)

People need to cut the partisan, “our side” vs. “your side” cr@p already and face the reality that we’re all Americans, and sometimes, we need to support the greater good instead of just whining about our own needs or elevating the “us vs. them” — aka your need to be “right” — thing to an importance it does not deserve. IMO, the discourse in this country has for too long been a bad episode of the Itchy and Scratchy Show.

Mighty Righty

July 22nd, 2011
10:28 am

Ben The Independent

July 22nd, 2011
10:25 am

I might like the plan as well if I knew what it was. Since you know what it is, can you explain it to me?

USinUK

July 22nd, 2011
10:29 am

Bruno – nope, got the heck out of the financial field

back in tech (where I spent a good deal of the 90s / early 00s) – aaahhhh … loving life.

it was great to meet Paul … and I’m always happy to buy a pint for any fellow Bookmaniac crossing the pond (well, okay, maybe not ANY … but many)

Brosephus

July 22nd, 2011
10:31 am

MR

Of all things said that has to be one of the most vile things I’ve heard about someone who served his country in a time of war. If that’s how you really feel about Max, may an elephant stomp your nuts while you’re being attacked by red ants in your eyes.

Message from Matti

July 22nd, 2011
10:32 am

B,

Took several days, but was able to spring the captive last night. Now it’s time to report some serious medicare fraud. Everybody seems to focus on slashing these programs, but I don’t hear anyone talking about cutting waste and fraud and making them more efficient! When there’s no one on the payroll to investigate fraud, how will we do it? Spend some to save some, I say, but that’s easier said than done.

TaxPayer

July 22nd, 2011
10:33 am

The fresh indictment said that as of autumn 2008, the bank “maintained thousands of secret accounts for U.S. customers with as much as $3 billion.” One client out of the 35 cited in the superseding indictment took $250,000 to Switzerland by concealing it in panty hose she wrapped around her body underneath her clothes.

We lower the taxes on the wealthiest and what do they do. They continue to cheat. What is the Republican solution. Lower their taxes even more. After all, if they get to live here and take billions out of our economy every year tax-free, then they will not cheat on their taxes any more. :roll:

Bruno

July 22nd, 2011
10:33 am

Sorry for not staying on topic today, Facebook-haters, but I just can’t generate much interest in these budget talks. I, nor any of us here, have any real input in the process, other than writing that fat check out to Uncle Sam every year. And while Jay believes to his core that it’s pretty much good vs. evil here, I don’t see it that way. Just one more case of competing interests being forced to compromise.

josef

July 22nd, 2011
10:33 am

Mighty

I’m not the world’s biggest fan of Cleland either, but that was not called for…

Mick

July 22nd, 2011
10:34 am

Brosephus
@
July 22nd, 2011
10:31 am

You beat me to it…ditto

Uncle Jed

July 22nd, 2011
10:35 am

Heat ‘Dome’ Covers 1 Million Square Miles Across US

Looks like another hot one here in Beverly Hills.
Ellie Mae: “That ceemint pond looks mighty refreshin’.”

http://www.youtube.com/watch?v=ZXrc1XZayp4

josef

July 22nd, 2011
10:36 am

matti

Thanks for the update on “springing the captive!” Way to go, Girl, and now I’ll eat my words, apologize and tip my hat. But, don’t it make you feel good?

USinUK

July 22nd, 2011
10:38 am

I third Brocephus’s 10:31

well said and amen.

Redneck Convert (R--and proud of it)

July 22nd, 2011
10:38 am

Well, I might of knowed Saxby would cave. He probly looked down the road and saw that default might could get in the way of his golf and the therapy for his bum knee. You can’t swing too good with a bum knee. Gets in the way of the turn. Next time around, we’ll run a Bible-toting, Tea-partying real Conservative against that RINO. He’s a disgrace to GA and the things we hold so dear.

Am I the only one that thinks Bookman gets more vacation time than our late great President Bush? I mean, there’s fishing trips and going to Oregon and driving back with his girl and all kinds of stuff. Maybe he keeps working just to get a break from vacation. I’m just hoping this time Paul don’t step in and kill the blog again on the 2nd or 3rd day. I mean, some of the people on here don’t have a life if the blog ain’t working.

Have a good Friday everybody. I’m hauling and lugging, trying to get you drunks set up for swapping weird music.

Brosephus

July 22nd, 2011
10:39 am

Mick

Politics aside, I don’t take too well with slamming combat veterans anywhere or anytime. If I get banned for defending vets, I will wear it as a badge of honor.

Bruno

July 22nd, 2011
10:39 am

Ewwwww…. Bruno, your diatribe about women was utterly FETID.

As compared to some of your diatribes about men, dearie??

Per Medicare fraud (and all insurance fraud), there are two levels of fraud–There is “hard” fraud, i.e. billing for a service that wasn’t performed, and there is “soft” fraud–billing for a service which wasn’t truly medically necessary. The first is easy to prove, the second nearly impossible. Ultimately it comes down to the honesty of the practitioner. In your neighbor’s case, it sounds like it falls into the second category.

At any rate, you have a good soul, Matti. Likely you’ll never see any “reward” for that other than your own satisfaction and peace of mind, but know that at least one other person on this planet recognizes that trait in you.

USinUK

July 22nd, 2011
10:39 am

could you guys just slice off a bit of that warm and ship it over here??? at this rate, I’ll never get tomatoes on my vines!!!

yuzeyurbrane

July 22nd, 2011
10:40 am

Jay, you are just wrong on the facts about SS cost of living formula. But you are correct about current COLA being inaccurate measure. The current COLA materially understates the real cost of living increases that Seniors experience because it is a general COLA for all age groups. As you probably know, SS recipients have not received a COLA increase in 2 years, using this formula. At the same time their out of pocket costs for items that impact Seniors disproportionately such as healthcare have skyrocketed. Now, the so-called “linked COLA” which has been proposed by the Gang of Six does nothing to address the uniqueness of Senior cost of living increases, but instead imposes an untested formula that actually is even more distorted than the present COLA. I would not be opposed to what you claim the proposal does–namely, a more accurate cost of living measure for Seniors—but the linked COLA simply does not do that and in fact takes a bad situation and makes it worse. Finally, as a matter of process, all proposals (including linked COLA) effecting SS should be considered in the normal legis. process (you know, hearings, votes, etc., aka the democratic process) and not at the point of a debt ceiling gun.

Bruno

July 22nd, 2011
10:41 am

Way to go, Girl, and now I’ll eat my words, apologize and tip my hat.

I’ll be by later to collect on our bet, josef.

Uncle Jed

July 22nd, 2011
10:41 am

I’m hauling and lugging, trying to get you drunks set up for swapping weird music.
+++++++++++++++++
LOL

Mick

July 22nd, 2011
10:41 am

Well, it’s raining down here in paradise and with all our materialistic concerns every day it occurred to me that this water is free and clean. Much of the world is in short supply of this vital element.

Bud Wiser

July 22nd, 2011
10:41 am

Left wing management
July 22nd, 2011
8:28 am

Yeah, it’s the “government” that has trouble managing money.

And the evidence for this is what?

Try looking at the $14.5 TRILLION dollar deficit, moron.

No one can really be that stupid to leave themselves so wide open, can they?

Oh yes, I am referring to a liberal koolaid drinker that worships at the feet of yet another moron.

How can you make it so easy?

Duh.

Mighty Righty

July 22nd, 2011
10:42 am

TaxPayer

July 22nd, 2011
10:33 am
I believe the gang of six proposal that Obama supports calls for a reduction in the top tax bracket from 29% to 26%. This would be an additional 3% cut from the Bush rates you folks have been railing about! So before you start on Republican tax cuts you might want to check the facts. Nothing is going to happen without the Democrats approving it.

AmVet

July 22nd, 2011
10:42 am

“…the one that blew himself up playing with hand grenades…”

GFY.

And that doesn’t stand for good for you.

Message from Matti

July 22nd, 2011
10:43 am

USinUK,

If I could send you a slice, I would!!! Want a side of hungry skeeters to go with that?

Left wing management

July 22nd, 2011
10:44 am

That was hilarious USinUK about Paris Hilton. Sadly true about the sex tapes getting smaller.

Uncle Jed

July 22nd, 2011
10:45 am

@USinUK

July 22nd, 2011
10:39 am

If, or when in London, just head on down to the House of Commons (is that right?) with some Mason jars and collect all the hot air you can tote.

Seriously though, it has been very hot here in the Atlanta area and August is still resting.

Message from Matti

July 22nd, 2011
10:46 am

Bruno,

Thanks for the encouragement and the hard vs. soft breakdown. I know you’re right, but I’m really good with “strongly-worded” letters. I can, at the very least, embarrass those who did it, if not get them on a list of suspected defrauders.

Left wing management

July 22nd, 2011
10:46 am

These are interesting times — and I mean that in the worst way. — Krugman

Uncle Jed

July 22nd, 2011
10:47 am

AmVet

July 22nd, 2011
10:42 am
“…the one that blew himself up playing with hand grenades…”

GFY.

And that doesn’t stand for good for you.

+++++++++++++++++++++++++++

HERE, HERE!

josef

July 22nd, 2011
10:47 am

USinUK

I’ll probably regret asking you here, but I seem to recall you said you have worked with a Soros project. Which one? Are you familiar with the Gandhi School in Pecs, Hungary?

USinUK

July 22nd, 2011
10:47 am

Matti – our windows in the UK have no screens cuz we got no skeeters in southern england … B-L-I-S-S!!!

but I’ve needed to wear a jacket for the last 2 weeks cuz it’s been chilly. CHILLY!!! In July!!! that’s jsut wrong.

Mighty Righty

July 22nd, 2011
10:47 am

Brosephus

July 22nd, 2011
10:31 am
I appreciate the thought.

Mick

July 22nd, 2011
10:48 am

I just hope that all who are moaning and groaning about the heat, will be more appreciative of the cool weather when it gets here…

USinUK

July 22nd, 2011
10:48 am

josef – no, a company that I used to work for received funding from Soros Fund Management.

USinUK

July 22nd, 2011
10:48 am

uncle jed – (actually, it’s hear, hear … not here, here)

Uncle Jed

July 22nd, 2011
10:49 am

Wrong YouTube link…I really meant to post Ellie Mae frolicking about in that tiny bikini. ;-)

USinUK

July 22nd, 2011
10:49 am

Uncle – “If, or when in London, just head on down to the House of Commons (is that right?) with some Mason jars and collect all the hot air you can tote”

I’m afraid my house would look like the one in UP! ;-)

AmVet

July 22nd, 2011
10:50 am

Jed, I do not care what one’s politics are, but that kind of repulsive garbage indicates what a low life some people truly are.

Friggin’ swift boating pieces of ____.

Left wing management

July 22nd, 2011
10:50 am

Bud Wiser: “Try looking at the $14.5 TRILLION dollar deficit, moron.”

Careful with the language there buddy, or a rap on the knuckles will be in order.

Considering the trillions in debt, why are you so upset when it’s largely due to your policies?

It’s because of the Bush tax cuts, the Bush prescription drug plan, two unfunded wars, combined with a disastrous recession.

So why are you so upset all of a sudden about the soaring debt there my friend?

USinUK

July 22nd, 2011
10:50 am

LWM – just picturing Paris as Gloria Swanson … “I’m ready for my close-up Mr. DeMille!”

Uncle Jed

July 22nd, 2011
10:50 am

uncle jed – (actually, it’s hear, hear … not here, here)

But of course,or coarse ;-)
Much obliged for the tip I shouldn’t have needed, but did. Thank you.

Swede Atlanta

July 22nd, 2011
10:52 am

I am not a big fan of Chambliss but I applaud him for acting like a grownup, acknowledging facts and recognizing that politics is now and always has been an exercise in compromise. Two competing parties rarely get everything they want.

I would like to see more details about the plan but it sounds sensible and balanced. Therefore it is probably headed to defeat.

With respect to eliminating CLASS, I only want to observe that a program of that type is badly needed. It may need to be re-worked but as people age and require nursing level care it is the taxpayers, through MEDICAID, that pay for it. What are we going to do to Grandma when she is in her 80s and needs care? We are going to fund her care. So wouldn’t it be better to let people buy into a plan on a group basis? I was lucky enough to be offered long-term care insurance through my employer. I jumped at the chance and take advantage of every opportunity I get to increase that coverage.

My father is in an Alzheimer’s home and his monthly bill that comes to me is right at $6100.00. He saved money and invested wisely so we are able to afford that on a self-pay basis. Part of that is covered by his long-term care insurance.

Caring for the elderly will bankrupt this nation if we don’t take sensible steps now to anticipate what awaits us.

USinUK

July 22nd, 2011
10:52 am

wow. huge explosion in Oslo.

I mean.

who blows up Norwegians?

Bruno

July 22nd, 2011
10:52 am

swapping weird music.

Just for that, Redneck, I’m going to go with an all-Eno theme tonight. I’ll dedicate “King’s Lead Hat” just for you:

http://www.youtube.com/watch?v=HGOC4Hib4OM

md

July 22nd, 2011
10:53 am

Personally, I like the heat……..people watching is a whole lot more fun than in the winter when all you get to see is a walking coat………….

USinUK

July 22nd, 2011
10:53 am

UJ – it’s all part of the service here at Conan the Grammarian’s House of Useless Knowledge.

Uncle Jed

July 22nd, 2011
10:54 am

Jed, I do not care what one’s politics are, but that kind of repulsive garbage indicates what a low life some people truly are.
++++++++++++++++++++++

HEAR, HEAR! (with due credit to The expat among us)

Left wing management

July 22nd, 2011
10:54 am

USIN: the Sunset Boulevard reference is so classic. : )

josef

July 22nd, 2011
10:54 am

USinUK

The Gandhi School is, imho, a great achievement. A quick funny you’ll appreciate on the Soros’ “tentacles.” I’ve got some friends who took part in the Romany education projects in Hungary and Rumania funded by Soros…a large portion of their expenses were paid for with Soros money. They were on a mission as Southern Baptists! :-)

Bruno

July 22nd, 2011
10:57 am

Want a side of hungry skeeters to go with that?

And for dessert: carmelized palmetto bugs.

Uncle Jed

July 22nd, 2011
10:57 am

Mick

July 22nd, 2011
10:48 am
I just hope that all who are moaning and groaning about the heat, will be more appreciative of the cool weather when it gets here…

+++++++++++++++++++++++
Happens every year, right? ;-)

Brosephus

July 22nd, 2011
10:58 am

md @ 10:53

Agreed!!!!

md

July 22nd, 2011
10:58 am

“Two competing parties rarely get everything they want. ”

It’s on those occasions in which they do that screws up the whole enchilada……..poisons the well so to speak…………..

WOODSTOCK MIKE

July 22nd, 2011
10:59 am

Republicans are acting foolish about revenue increases. If we let the govt default things are going to get much worse. Even taking the chance is absurd. The economy is so fragile at this point we can’t possibly take the chance of a govt default. I don’t know what Republicans are thinking?? This is making them look worse and worse every day that passes.

Tony

July 22nd, 2011
10:59 am

Never thought Saxby would become the adult in the GOP.

Thanks for looking out for the citizens of Georgia, Senator.

Message from Matti

July 22nd, 2011
10:59 am

Being snowed in for a week last January was NOT cool.

Uncle Jed

July 22nd, 2011
11:00 am

And for dessert: carmelized palmetto bugs
++++++++++++++++++++++++++++++++++++

My mother told us younguns they was just “waterbugs”. My exterminator cleared up the matter and declared them to really be American Cockroaches. YIKES!!!!!!!

Uncle Jed

July 22nd, 2011
11:02 am

Good golly, Miss Agnes, it is 11:00. See y’all later, but not during the “drunks music festival” ;-)

RedEye

July 22nd, 2011
11:02 am

“If they [Republicans] want to debate it tomorrow for a period of time, they can do that, but I’m going to — I think this piece of legislation is about as weak and senseless as anything that has ever come on this Senate floor, and I am not going to waste the Senate’s time day after day on this piece of legislation which I think is an anathema to what our country is all about.” – Harry Reid

And CNN latest poll shows 66% favor Cut, Cap, and Balance. Washington is a hellhole.

Left wing management

July 22nd, 2011
11:03 am

Woodstock Mike: “Republicans are acting foolish about revenue increases. If we let the govt default things are going to get much worse. Even taking the chance is absurd. The economy is so fragile at this point we can’t possibly take the chance of a govt default. I don’t know what Republicans are thinking?? This is making them look worse and worse every day that passes.”

Glad to see you’ve come around.

Abrazos

July 22nd, 2011
11:04 am

“If you’re planning a move to another state, check this out for the top ten most taxed states and the top ten least taxed states.

Notice the pattern here?”

Like the least taxed states are also among the lowest in SAT scores, highest teen pregnancy rates, highest divorce rates, highest incarceration rates, etc? Patterns like that?

Libertarian

July 22nd, 2011
11:07 am

I’m not so sure that Chambliss is going to run in 2014. He’ll be 70 by then and there have been a lot of rumors of bad health. Hence, he may not care about angering his base.

USinUK

July 22nd, 2011
11:09 am

“They were on a mission as Southern Baptists! ”

and a thousand heads a’ploded at that thought!

but, you’re right … tenticles EVERYwhere … taking over the world!!! mwahahahahah!!!!

real john

July 22nd, 2011
11:09 am

Jay,

No the Gang of Six plan doesn’t take money out of Medicare. Obamacare’s $500 billion from Medicare already took care of that. Liberals seem to miss or dismiss that part of Obamacare.

Also, new study shows just what most of the Repubs have been stating..”We have a spending problem, not a revenue problem.”

Spending:

Under Clinton, the American deficit increased. $536 million a day.

Bush. $1.6 billion a day.

Obama. $4.1 BILLION A DAY.

All the libs TALK about spending cuts and revenue increases. However, the only thing I hear them talking about is revenue increases. Jay, please name me a few of the spending cuts in SPECIFICS that the Democrats are proposing. I’m serious, I don’t think I have heard a specific on one.

Swede Atlanta

July 22nd, 2011
11:10 am

Ref RedEye @ 11:02

We have become a society obsessed with polls. Unfortunately the poll you refer to, like nearly every other one out there, are worthless. Why? Because people rarely know what these proposals really contain.

I’ll bet if you asked anyone who “voted” to support CC&B, specifically which programs would be cut, by how much, etc. they couldn’t. That’s because I have seen the CC&B bill. There are NO details in it. It sounds good but people blindly hear something they think sounds good but never take the time to do the necessary research to substantiate their views.

As for a balanced budget amendment, there would be no worse proposal. You never want to tie the federal government’s hands that way. You can always foresee a crisis situation in the future where deficit spending becomes necessary to protect and save the nation, address any number of calamities, etc.

BADA BING

July 22nd, 2011
11:10 am

@ Max Cleland…….married a girl that went to HS with me. Don’t care about his politix, he comes to our reunions, gets out on the floor and dances in his wheelchair. I have seen him at the Punchline Comedy Club, he always speaks and seems to be a real guy.

Mighty Righty

July 22nd, 2011
11:11 am

Left wing management

July 22nd, 2011
10:50 am

“Unfunded” would mean it wasn’t paid for. I believe what you mean is it was off the books, a bookeeping device agreed to by Democrats as well as Republicans. The money was borrowed against our childrens future and was/is in fact part of the noe 14.5 trillion national debt. As we can each now attest, not a penney can be spent without first being appropriated by congress. While the cost of the war was off budget, it was included in the National Debt.

md

July 22nd, 2011
11:12 am

“among the lowest in SAT scores”

Folks still throwing that one out there??

One may want to research how States apply the SAT……some require all students take it and some only require college bound students take it……….

Good ole apples to oranges comparison……………

USinUK

July 22nd, 2011
11:13 am

Uncle Jed – 11:00 – DO. NOT. MISS!!!

(shuddering)

josef

July 22nd, 2011
11:17 am

md

Georgia and the SAT scores…yep! But, that didn’t come with the memo… :-)

ECB

July 22nd, 2011
11:17 am

A typical lower-to-middle class Republican… I may not have a job and I may be about to lose my house to foreclosure, but I don’t want the rich to have to pay taxes so when I get rich, I won’t have to pay taxes either.

mum

July 22nd, 2011
11:18 am

Everyone knows that the DOD wastes money and have always done that and nobody complains because people are more than willing to support defense contractors who survive only through taxpayer dollars. There was mention this morning on Morning Joe that you could cut $1 trillion from the DOD budget for this type of spending and nobody would even notice. People fleece the government (aka taxpayer) because they are allowed to by said taxpayer.

RedEye

July 22nd, 2011
11:18 am

“You never want to tie the federal government’s hands that way.”

Actually, yes I’m in favor of that.

“When the people fear the government there is tyranny. When the government fears the people, there is liberty.” – Thomas Jefferson

Bruno

July 22nd, 2011
11:20 am

Personally, I like the heat……..people watching is a whole lot more fun than in the winter when all you get to see is a walking coat………….

md–I’m assuming “people watching” is a euphemism for “girl watching”.

Being snowed in for a week last January was NOT cool.

Matti-I’d invite you to come stay with me in Columbus (no snow shut-ins here), but somehow I think that you and 40,000 buff soldiers might not be a good combination. ;-)

jt

July 22nd, 2011
11:22 am

Obama’s latest message——————————————–
.
We must all sacrifice to subsidize Federal incompetence.
.
And you WILL pay us.

CJ

July 22nd, 2011
11:22 am

Jay Bookman: “In fact, any liberal groups or politicians who attack the Gang of Six proposals regarding Social Security are probably playing politics. The changes sought by Chambliss and his colleagues are reasonable and would be necessary regardless of the nation’s larger fiscal challenges.

With due respect to Jay, mentioning the presidential commission report does not add credibility to a proposal. Many of the Bowles-Simplson recommendations are so heinous that that report should be placed in the trash heap of history.

I agree with criticisms of the suggested cuts to Social Security, and I’m not playing politics (I resent the implication that I am). Social Security is not driving the deficit and changes it to it should have no part in this discussion.

That said, if we want to secure social security for several more decades, then we can simply raise or eliminate the cap on social security payroll taxes so that it goes from being a regressive tax to being a flat tax (if we do that, then we might even able to lower the rates slightly). Or better yet, replace the social security tax with a carbon tax. Either way, non-crisis solved.

Now, with regard to the proposal to index social security to a “chained-CPI” (the proposal that Jay is referring to in this post) anybody who believes critics of it are playing politics should watch Congressman Peter DeFazio explain what it would mean to seniors in this three minute YouTube video: http://www.youtube.com/watch?v=rWiSJVtTZ8Q

I’m no expert, and if Congressman DeFazio is wrong, then I’d love to hear why Jay or anybody else thinks so. But many who receive Social Security rely primarily or entirely on those payments to pay their bills…a large portion of which are health care related. So I’m severely disappointed that those of us who care about these people (some of whom are our loved ones) would be accused of playing politics for opposing this seemingly awful and unnecessary provision in the Gang of Six proposal.

Left wing management

July 22nd, 2011
11:23 am

You’re right, Mighty. I meant it in the sense that the wars were undertaken even while tax cuts were being enacted that made it even more unlikely that we could afford the military actions and still afford the various other programs we have. But of course, maybe that was the point (see “Starve the Beast strategy”).

Keep Up the Good Fight!

July 22nd, 2011
11:24 am

Bruno, absolutely right on medicare fraud. Hard to prove fraudulent billing for religious agenda and medically-unsound therapy like that practiced at Bachmann & Associates unless of course you have some effective investigation and the investigators to prove the case.

Brosephus

July 22nd, 2011
11:25 am

I’m sure these polls that say people favor a balanced budget amendment never bother to ask if people understand the process of ratifying a constitutional amendment. By the time you get an amendment voted on and passed (about a snowball’s chance in hell right now), you still have to have it ratified by the states. In as partisaned a society we live in, you’ll be able to put a camel through the eye of a needle first.

The main people crying about budgets and deficits now would be the first ones crying about where’s the government if they were hit with floods or tornadoes like other Americans have experienced this year. We never want government spending unless it’s all about our own selfish needs. That’s why we’re a country of 300 million plus and not a country of one.

Obama is over

July 22nd, 2011
11:25 am

I really enjoyed Peggy noonan’s colume today. She points out that the best thing about the gang of six proposal is that it is bipartisan and removes the class warfare rhetoric that has been so prevalent in the ugly debate the past few weeks. The proposal is not perfect, but it is somewhere to start which is a lot more than we had two weeks ago. Obama needs to work behind the scenes to get this deal done and quit trying to get on TV to take credit for everybody’s work.

USinUK

July 22nd, 2011
11:26 am

“people watching is a whole lot more fun than in the winter when all you get to see is a walking coat”

:lol: so true!

but, can’t stand getting on a crowded train with sweaty guys who think it’s okay to take their shirt off. YUK!!!

Libertarian

July 22nd, 2011
11:28 am

“A typical lower-to-middle class Republican… I may not have a job and I may be about to lose my house to foreclosure, but I don’t want the rich to have to pay taxes so when I get rich, I won’t have to pay taxes either.”

Typical response from someone who doesn’t understand how taxes work and who probably wants someone else to pay for all of their govt services.

Doggone/GA

July 22nd, 2011
11:29 am

” just hope that all who are moaning and groaning about the heat, will be more appreciative of the cool weather when it gets here”

Oh, they WILL! It’sll be their chance to start chanting: “WHAT global warming?”

Doggone/GA

July 22nd, 2011
11:30 am

” I don’t know what Republicans are thinking?? ”

Thinking? What makes you think they’re THINKING?

Bruno

July 22nd, 2011
11:31 am

but, can’t stand getting on a crowded train with sweaty guys who think it’s okay to take their shirt off. YUK!!!

I’ve read that in Japan, the lady train riders are likely to get a little butt-rubbing during the ride. Getting any action on the British trains??

harvey

July 22nd, 2011
11:31 am

It is too much to hope that they will ever cut the pork, the idiot grants and contracts awarded by the government through NIH, NEA and the like. I think they will never be statemen, but always be pandering for the vote of their local constituency, ergo, the country as a whole is doomed to the petty interests of those who don’t care if the ship sinks so long as they have a berth on the top deck.

MiltonMan

July 22nd, 2011
11:32 am

UsinUK – clueless like always. The IMF is involved bailing out Greece for the second time now. Amercian taxpayers fund almost 20% of all IMF monies.

Liberals = Ostrich party. Keep their heads in the sand.

Logical Dude

July 22nd, 2011
11:33 am

Off-topic driveby numero uno:
http://news.yahoo.com/ap-sources-panetta-ok-end-military-gay-ban-224823254.html

Panetta says it’s okay to end the Don’t Ask Don’t Tell policy.
From the article: “as training has gone on this year, senior military leaders have said they’ve seen no real problems”

What have I been saying all along? The results of the end of Don’t Ask Don’t tell would be a great big “no big deal”.

Thanks for playing!

TaxPayer

July 22nd, 2011
11:37 am

And for all the contradiction, the polls of the last week or so have produced some consistent findings:
•Every poll released this week that asked found Americans prefer a deal featuring a mix of tax hikes and spending cuts to a deal featuring just spending cuts.
•Most of the surveys find strong sentiment in favor of compromise, especially among Democrats and independents.
•The surveys all show Americans expressing significantly more confidence and trust in President Obama’s handling of the issue than of either the Republican or Democratic leadership in Congress.
•The polls that have tracked identically-worded questions about raising the debt ceiling, such as CBS News, NBC/Wall Street Journal, Pew Research Center and YouGov/Polimetrix, have all shown sentiment rising in favor of increasing the limit.

Brosephus

July 22nd, 2011
11:39 am

Partisans always have their heads somewhere other than on top of their heads.

Liberals = Ostrich party. Keep their heads in the sand.

Others might say Conservatives keep their heads up their asses. Doesn’t matter though, as partisanship will ruin this country long before anything else.

MiltonMan

July 22nd, 2011
11:39 am

mum – no one would notice if $1 trillion is removed from DOD funding???

(1) How about the engineers & scientists laid-off that Obozo said we need more of here in the US?
(2) The military is specifically called out in the constitution as a federal government responsibility – all of this other liberal spending is not – stimulus, ObozoCare, bailing out his union buddies, etc., etc.
(3) How about the resulting increase of our trade inbalance??? The defense sector is one of the few that results in a fair amount of exports with the proceeds being delivered back to the feds.

The logic of liberals – truly amazing

MiltonMan

July 22nd, 2011
11:42 am

taxpayer – also saw a poll about Obozo approval rating down to 42%. At this point even the clown Newt would have a good chance of beating him.

Paulo977

July 22nd, 2011
11:42 am

Bruno

July 22nd, 2011
11:42 am

Bruno, absolutely right on medicare fraud. Hard to prove fraudulent billing for religious agenda and medically-unsound therapy like that practiced at Bachmann & Associates

The problem runs much deeper than that, Keep. Ever hear of “upcoding”, whereby a simple procedure like taking a tube out of a child’s ear all of a sudden becomes “surgery” billed at $700?? Many practitioners will tell you that they are forced to do it so that they receive reasonable payment once all the “discounts” are applied by the insurance companies.

I’ve covered it in great detail in the past both here and on Kyle’s blog, but most of the problems in our health care system can be traced to an over-reliance on the third-party billing system. When people no longer are pulling money out of their own pockets, a natural indifference occurs so that the fraudsters can bill whatever they want and no one cares. ObamaCare will only exacerbate the situation by increasing our reliance on third-party billing. If “universal coverage” is the goal, then socialized medicine is the only way to go. If lowering overall costs is the goal, then returning insurance to its rightful place as a hedge against catastrophic loss is the only way to go. ObamaCare, unfortunately, gives us the worst of both worlds and will do nothing but drive up overall costs. Mark my words.

WOODSTOCK MIKE

July 22nd, 2011
11:44 am

“The surveys all show Americans expressing significantly more confidence and trust in President Obama’s handling of the issue than of either the Republican or Democratic leadership in Congress.”

And what handling of the issue has he done?? Last time I checked no deal has been passed…

Keep Up the Good Fight!

July 22nd, 2011
11:46 am

Uncle Milty is on a tirade this morning. How bout this Milty. We let Medicare negotiate the price of drugs the way that the VA and private companies do. We require payments of SS and Medicare to be determined by a % of entire income without a cap so that all pay the same %. We impose a AMT tax on corporations the same that we do individuals.

Oh we can likely reduce US Military spending to 40% of what the rest of the world does from the current 48%….

That liberal logic ought to stupify you in amazement. :D

TaxPayer

July 22nd, 2011
11:46 am

MiltonMan,

If you wish to cast your vote for “clown Newt”, that’s certainly your prerogative.

WOODSTOCK MIKE

July 22nd, 2011
11:46 am

“Everyone knows that the DOD wastes money and have always done that and nobody complains because people are more than willing to support defense contractors who survive only through taxpayer dollars.”

I don’t think putting thousands more people out of work is the answer…

Message from Matti

July 22nd, 2011
11:46 am

“Doesn’t matter though, as partisanship will ruin this country long before anything else.”

Yup. We’re almost all the way there, now. Too bad so many Americans love “being right” more than doing what’s right. Win your arguments; lose what once made this country great; then pat yourself on the back. For what? The right to say, “SEE? Told ya!” Sad.

Logical Dude

July 22nd, 2011
11:47 am

I congratulate Chambliess and other Republicans that see reality. Yes, a mixture of spending cuts and revenue increases are needed.

And yes, ending the “Bush/Obama tax cuts” when they expire will help the budget as well.

Once Social Security is “fixed” remove it from the budget, since it can be solvent fairly readily (flat tax, no cap, raise retirement age, etc). Keep that separate so the funds aren’t raided again. What this actually means is that along with the “regular” debt that we need to pay off, we (as a country) need to spend less because we won’t have extra Social Security funds being raided.

And when we (as a country) spend less, those jobs related to teh spending MUST be taken up by the private sector. What? You said it’s not the government’s job to create jobs? It CAN create jobs, but only government jobs that requires taxes to pay for them. So, when you cut governement spending, you also create a little bump in unemployment. So spending cuts must be done wisely so the jobs don’t disappear.

And Government, please don’t hire the same people as consultants at twice the rate. Please!
Thanks again!

WOODSTOCK MIKE

July 22nd, 2011
11:49 am

“We require payments of SS and Medicare to be determined by a % of entire income without a cap so that all pay the same %.”

So how does this benefit someone with low income, would this mean they get very little SS and Medicare?

Bruno

July 22nd, 2011
11:49 am

CJ @ 11:22–I can only assume that you are nowhere near the cap on FICA taxes. I didn’t mind it so much when the cap was 60K ( = a little more than 9K in taxes), but the current cap seems a little excessive to me considering the high earners will never draw back out anywhere near what they are putting in. Which is only important if SSI is truly a pension plan as originally created. Otherwise, just sock it to the “rich” once again.

USinUK

July 22nd, 2011
11:49 am

Milton – you might want to read further. this has already been well-covered. Buuuuuut, if you want to flog a dead horse …

the IMF is only paying 30% of this round of the bailout (20% of the last) – the rest is being funded by Europe via the EFSF

and, yes, the US is the largest player in the IMF, but it isn’t the ONLY player.

USinUK

July 22nd, 2011
11:51 am

Bruno – well, they don’t on the circle / district line … and if they did it to me, they’d get a swift elbow in the sternum – I don’t put up with that crap.

Keep Up the Good Fight!

July 22nd, 2011
11:53 am

Woodstock, there would be no change needed to the way current outgoing SS payments are determined, which is based on amount contributed. So those who contribute less, receive less.

RB from Gwinnett

July 22nd, 2011
11:55 am

“Republicans are acting foolish about revenue increases. If we let the govt default things are going to get much worse”

Just curious…. How much money are you willing to send in to aid these revenue increases you want?

Paulo977

July 22nd, 2011
12:01 pm

md
“Good ole apples to oranges comparison”

Blatantly !!!

Mighty Righty

July 22nd, 2011
12:02 pm

From Rtoday:asmussen

Voters are skeptical about the promises of spending cuts in the debt ceiling debate. A commentary by Scott Rasmussen, published in Politico, put it this way: “Based on the history of the past few decades, voters have learned that politicians promising unspecified spending cuts should be treated with all the credibility of a six-year old boy caught with his hand in the cookie jar promising to be good for the rest of his life.”

CJ

July 22nd, 2011
12:04 pm

Bruno @11:49,

You know what happens when you assume.

I’ve advocated many times to raise MY taxes when applicable, including in my previous post. In fact, there are many notable wealthy people, Warren Buffet and Bill Gates, Sr. come to mind, who are advocating for higher tax rates on themselves.

For the record, I don’t believe in “socking it to the rich.” I believe in a pragmatic tax structure, and there’s nothing pragmatic about regressive taxes. To the contrary, regressive taxes are counterproductive.

On that issue, however, you might want to find out what Adam Smith, the Father of Free Enterprise wrote about socking it to the rich decades before Karl Marx was born: “The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess…It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.

You may be greedy, Bruno, but please don’t project your greed onto me.

Logical Dude

July 22nd, 2011
12:05 pm

RB asks: How much money are you willing to send in to aid these revenue increases you want?

Enough to pay for the multiple wars until they end, enough to take care of the poor and needy for a reasonable amount of time, and enough to reach the moon and stay there.

You?

Message from Matti

July 22nd, 2011
12:06 pm

RB from G,

Just curious… .How many government services are you willing to opt out of — for yourself, not others — in order that you might not be bothered to pay for them? After all, you never asked to be born into the “greatest country on earth” or enjoy the opportunities afforded you here! How “third world” are you willing to go, for the privilege of forgoing the privileges of living in a strong nation where people have roads to drive on, schools to attend, law enforcement, emergency services, clean water, and a strong defense?

Tundra Dude

July 22nd, 2011
12:06 pm

JB wrote, in part:

Poll after poll demonstrates that most Americans support attacking the debt problem through both spending cuts and tax increases. Politically, it’s the only way to cut a deal.

Why should there have to be any kind of deal…? Both Bush and Ronoldo the Great got their raises almost automatically.

Let’s Win (Raise) one for The Gipper!!

Here’s the text of the letter Reagan wrote to then-Senate Majority Leader Howard Baker in 1983

Dear Howard:

This letter is to ask for your help and support, and that of your colleagues, in the passage of an increase in the limit on the public debt.

As Secretary Regan has told you, the Treasury’s cash balances have reached a dangerously low point. Henceforth, the Treasury Department cannot guarantee that the Federal Government will have sufficient cash on any one day to meet all of its mandated expenses, and thus the United States could be forced to default on its obligations for the first time in its history.

This country now possesses the strongest credit in the world. The full consequences of a default or even the serious prospect of default by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and on the value of the dollar in exchange markets. The Nation can ill afford to allow such a result. The risks, the cost, the disruptions, and the incalculable damage lead me to but one conclusion: the Senate must pass this legislation before the Congress adjourns.

I want to thank you for your immediate attention to this urgent problem and for your assistance in passing an extension of the debt ceiling.

Sincerely, Ronald Reagan

Brosephus

July 22nd, 2011
12:07 pm

“Based on the history of the past few decades, voters have learned that politicians promising unspecified spending cuts should be treated with all the credibility of a six-year old boy caught with his hand in the cookie jar promising to be good for the rest of his life.”

If that’s supposed to be a bad thing about politicians, what does it say about the public that has continued to elect them over and over again throughout those past few decades? When you point a finger at somebody, remember there’s three on that same hand pointing back at you.

Logical Dude

July 22nd, 2011
12:13 pm

Tundra: Why should there have to be any kind of deal…?

Because the full faith and credit of the United States is at stake.
If we don’t raise the debt limit, the possibility of default will cause Global Economic turmoil.
If we DO raise the debt limit, the burden on the American taxpayers is greater and greater. Each year, the percentage of your tax dollars JUST PAYING INTEREST is gettting out of hand. Interest payments are sucking the life out of our tax dollars. We have reached a good point to actually do something about the debt, and since nobody agrees, the only way they can do it is by having some sort of deal where everybody loses.

And when I say “everybody loses” that only means policians who are trying to score political points by telling everyone that they can have anything they want and not pay for it.

RB from Gwinnett

July 22nd, 2011
12:15 pm

“Enough to pay for the multiple wars until they end, enough to take care of the poor and needy for a reasonable amount of time, and enough to reach the moon and stay there. ”

I don’t want feel good liberal speak bumper stickers from you, I want a number. In real dollars, how much of your own money are you willing to put in every year?

Dave R.

July 22nd, 2011
12:16 pm

Well Jay can cruise for the rest of the year now. He’s written his obligatory once-a-year column praising a Republican.

So when someone attacks him for ALWAYS being negative towards the GOP, Jay can then trot this little ditty out and say, “See?” :)

Left wing management

July 22nd, 2011
12:16 pm

Man that fat lady sho is loud this week.

I’m out for now.

Latoya

July 22nd, 2011
12:19 pm

Why is Washington sending Atlanta $47 million to help build a trolley to nowhere at the same time they’re saying we don’t have enough money to pay our bills? No one but a handful of tourists will ride the stupid thing. What a waste.

Brosephus

July 22nd, 2011
12:20 pm

I don’t want feel good liberal speak bumper stickers from you, I want a number. In real dollars, how much of your own money are you willing to put in every year?

Regardless to how self-important you feel, nobody here is obligated to divulge any of their personal financial information with you. Do you put your personal financial information out for all to see here? Didn’t think so….
:roll:

RB from Gwinnett

July 22nd, 2011
12:21 pm

“How many government services are you willing to opt out of…”

NPR funding, funding for Pakistan, the Dept of Education, the energy dept, arts funding, most farm subsidies….

There’s more, but in the interest of brevity, we’ll leave it at that.

“enjoy the opportunities afforded you here! ” The opportunities here are quite impressive, however, I’m tired of being held financially responsible for the “less fortunate” who have chosen not to participate in our education system, won’t show up for the work they’re qualified to do for 5 days in a row, and then whine like little children that they’re being left behind. Opportunity is what you make of it. It’s not a promise or a guarantee of sucess.

Dave R.

July 22nd, 2011
12:21 pm

“How “third world” are you willing to go, for the privilege of forgoing the privileges of living in a strong nation where people have roads to drive on, schools to attend, law enforcement, emergency services, clean water, and a strong defense?’

This poutrage would mean so much more if we were talking about actual Federal government programs, but since roads (largely), schools, law enforcement, emergency services, and clean water are taken care of at the LOCAL level, any discussion regarding the current debt ceiling and taxation is irrelevant.

WOODSTOCK MIKE

July 22nd, 2011
12:22 pm

“Just curious…. How much money are you willing to send in to aid these revenue increases you want?”

What tax increases have been proposed? I’ve read different things, if it’s coming down to raising taxes 5% on people making 500K to 1M I have no issue. Yes, it wouldn’t be effecting me so that makes my answer a little easier. Listen, I’m not for increasing taxes during a recession, however, I don’t think raising taxes 5% on individuals making 500K-1M hurt the economy the same way a 5% increase on individuals making 250K or less would. I’m still not clear on what the tax increase proposal even is though, please share if you know…

WOODSTOCK MIKE

July 22nd, 2011
12:25 pm

“I’m tired of being held financially responsible for the “less fortunate” who have chosen not to participate in our education system, won’t show up for the work they’re qualified to do for 5 days in a row, and then whine like little children that they’re being left behind.”

There is plenty of truth to this, however, I don’t think this is the main reason for our deficit situation…

Brosephus

July 22nd, 2011
12:26 pm

Dave

Aren’t you neglecting the fact that many of those things you listed also receive matching FEDERAL funds?

RB from Gwinnett

July 22nd, 2011
12:27 pm

“Regardless to how self-important you feel, nobody here is obligated to divulge any of their personal financial information with you. Do you put your personal financial information out for all to see here? Didn’t think so….”

Just admit it, the answer is “NONE. I don’t want to pay any more, I just want other people to pay because in my opinion they have too much money (liberal speak for more than I do)”. Why don’t you just go down to Sandy Springs, rob a few of the mansions there, and give the money to whatever your feel good cause is this week. What’s the damn difference?

Logical Dude

July 22nd, 2011
12:28 pm

RB asks for specifics: In real dollars, how much of your own money are you willing to put in every year?

$1000

How about YOU?

Dave R.

July 22nd, 2011
12:33 pm

“Aren’t you neglecting the fact that many of those things you listed also receive matching FEDERAL funds?”

Only roads, Brosephus (which is why I said largely). Occasionally grants from the Feds for fire and police, but usually only for equipment and not people. Federal funds account for less than 2% of most local budgets for everything except roads.

Left wing management

July 22nd, 2011
12:33 pm

But before I go, here’s a quick shot at a classic example of the fallacy (or maybe, it’s more accurately described as malevolent argumentation) that’s so typical of conservativism these days:

RB from Gwinnett: “I don’t want feel good liberal speak bumper stickers from you, I want a number. In real dollars, how much of your own money are you willing to put in every year?”

This statement is obviously based on the fallacy that each of us “owns” our money before taxation, which is a corollary of that other conservative fallacy and fantasy that each individual exists full-fledged and in full sovereignty outside of and prior to society.

Which is wrong.

The poor and struggling middle classes understand in their bones all the ways that we are all dependent through some minimal level of social solidarity — and taxation is one of the main expressions of that.

To the conservative of today, everything they stand for hangs on the ability to convince people that we’re these little atoms that float, like so many little islands, in a stream that we can just check in or out of at will. The big lie of it all is that this argument directly serves the interests of those who have gotten theirs already.

That’s why conservativism boils down to a kind of social strip-mining, the systematic scraping off of the top of what used to be the social solidarity of the past, but they don’t give a damn if it all just crashes down in the future, because they’ve already made out fine and can coast on their capital.

The role of the progressive is to rip down that pseudo-argument structure — and to do so with extreme prejudice.

RB from Gwinnett

July 22nd, 2011
12:33 pm

WOODSTOCK MIKE. Spare us the lecture. Tell us in dollars how much you’re willing to send in.

The proposal Obama wants is $1 Trillion in additional revenue. That’s $3,700 for every man woman and child in this country. Take out the kids, retired, and the 47% who don’t pay taxes and that leaves some real money for the 53% who do. Got 3 kids and a wife, you owe $18,500.

So,MIKE, how much?

Logical Dude

July 22nd, 2011
12:36 pm

RB? Can you answer your own question now?
In real dollars, how much of your own money are you willing to put in every year?

To keep the full faith and credit of the United States, to pay down the debt, to reduce the possibility of Global Economic turmoil? Enough to offset the likely rise in interest rates that make borrowing more expensive?

RB from Gwinnett

July 22nd, 2011
12:36 pm

Logical Dude… $0

You’re $2,700 short of your “fair share” already without including kids or a spouse. Unless you’re willing to put up your “fair share”, how about at least having the dang courtesy of saying “thank you” to the “millionairs and billionairs” who are carrying your load for you.

Kamchak

July 22nd, 2011
12:37 pm

Mighty Righty

July 22nd, 2011
10:25 am

Saxby might want to remember why we got rid of “Ironsides”, I can’t think of his name, the one that blew himself up playing with hand grenades, for pretending to be conservative when he was in Georgia while coming out of the closet in D.C.

Tighty whitey needs to be laundered.

Severe case of swampass.

Brosephus

July 22nd, 2011
12:39 pm

RB

Why don’t you understand that you are no more self important than anybody else? I’ve answered that question, not to you, but to others before many times.

Kill the mortgage deduction, do away with the child tax credit as well. I don’t know the exact dollar amount, but I end up with a few thousand in refunds each year because of it. Would it hurt me financially??? I wouldn’t miss the money as I end up having way more deducted in taxes than what my eventual liability is at the end of the year. Losing those deductions wouldn’t do sh*t to my pay as I’m already deducting way more than what I owe.

You and others use the whole “robbing” thing and that’s far from what happens. As md would say, you have plenty of choices to make. The more you earn, the more you pay. If you don’t like your tax bill, give yourself a tax cut and make less money. Isn’t that how you Conservatives like to do things anyway.

I have no problem with paying more. It’s obvious that you have a problem even paying what you pay now. I think you have far more issues with taxes than I or many others here. You’re the main one here bitchin’ about what you pay day in and day out.

Logical Dude

July 22nd, 2011
12:39 pm

RB, so you’re more than willing to let the government default on debt, not pay the interest, and cause economic turmoil?

Gee, Thanks.

WOODSTOCK MIKE

July 22nd, 2011
12:40 pm

“WOODSTOCK MIKE. Spare us the lecture. Tell us in dollars how much you’re willing to send in.”

Not that it would be your business to know, looking at the 2010 W2 I paid a little over 31K in federal income taxes…

Paul

July 22nd, 2011
12:40 pm

Jay

A senior Republican politician does what’s right for the country.

I think the message is lost on many.

USinUK

RE: the Raptor link: I realize the author’s background, but I’d take issue with some of her opinions, such as “the Air Force doesn’t want it.” The AF fought tooth and nail for it and is still doing back-door politicking to preserve it. They were willing to retire entire lines of current aircraft to justify ‘needing’ it.

And the half billion cut to the F-35. Author spoke of pork-barrel spending to justify the F-22. The F-35 cut was for the dual engine option – pork barrel at its finest.

It’s the nature of the beast.

JM –

“the military is getting very large expenditure cuts. Actually the only place in tue budget where expenditure will actually DECLINE.”

Cite? Only ‘cuts’ are a very small percentage, many to be ‘reinvested’ elsewhere. Most are reported in ten-year terms, so the per-year cuts are less than they appear. What Republicans call ‘insignificant’ when the numbers apply to tax reform. As far as decline, no, it’s just a reduction in the rate of growth.

Hi Woodstock Mike

““Everyone knows that the DOD wastes money and have always done that and nobody complains because people are more than willing to support defense contractors who survive only through taxpayer dollars.”
I don’t think putting thousands more people out of work is the answer…”

Then what is? One answer is to do it over time, say over the same ten-year span that’s the window for the current negotiations. If the topic was cutting people at the lower economic rung off welfare, there’d be a lot more support.

Paying people above-median wages to build stuff we can do without is still wasteful.

““We require payments of SS and Medicare to be determined by a % of entire income without a cap so that all pay the same %.”
So how does this benefit someone with low income, would this mean they get very little SS and Medicare?”

Before you showed up, and since, we’ve been treated to regular postings on ‘fair.’ As ‘it isn’t fair poor and middle class people don’t pay as much as the job producers (we can’t say ‘rich’ any more, according to Republican leadership :-) ) . So this is an effort to impose ‘fairness’ – which, it seems, is opposed by fairness advocates because it’s directed at job producers.

And Bruno makes a fair point at 11:49

Hi USinUK!

“and if they did it to me, they’d get a swift elbow in the sternum – I don’t put up with that crap.”

One of the posters the other day related how he’d become a bit fond of you and regretted not being able to meet you on a recent trip thru London. Said it was for the best as he’d found out you are married. I read that and having met you, a vision just like your description came to my mind. Woulda’ been fun to watch, though!

CJ 12:04

Adam Smith wrote in an era when some people starved while others had houses like this which I toured this past summer:

http://www.castlehoward.co.uk/

So it wasn’t an abstract theory.

RB from Gwinnett

““How many government services are you willing to opt out of…”
NPR funding, funding for Pakistan, the Dept of Education, the energy dept, arts funding, most farm subsidies….
There’s more, but in the interest of brevity, we’ll leave it at that. “

Remember the beginning of the article: “As Chambliss noted in a discussion at the AJC back in April, non-defense, non-entitlement spending accounts for just 12 percent of the budget.”

In other words, you can’t get there from here.

Dave R.

July 22nd, 2011
12:41 pm

LWM, your 12:33 is a prime example of the most amount of utter nonsense ever printed in the history of this blog.

And considering all the columns Jay has written, that’s going some on my part.

But THIS quote below takes the cake for utter tripe:

“This statement is obviously based on the fallacy that each of us “owns” our money before taxation, which is a corollary of that other conservative fallacy and fantasy that each individual exists full-fledged and in full sovereignty outside of and prior to society.”

A free society “owes” nothing to anyone except that which they CHOOSE to owe.

I am constantly astounded at the depths to which some people think they have a claim to what I do or earn.

WOODSTOCK MIKE

July 22nd, 2011
12:42 pm

And it wasn’t about me being “willing” to send it in unless you know something I don’t about paying income taxes… I didn’t have the choice to pay taxes or not pay taxes??

Fletch

July 22nd, 2011
12:42 pm

RB from Gwinnett – “I want a number. In real dollars, how much of your own money are you willing to put in every year?”

Last year I put up exactly $585,000 I’d be willing to throw another 30% in if it will make you happy.

Thomas

July 22nd, 2011
12:42 pm

Actually 100% correct statement. There is no lien, mortgage or otherwise on the monies that are earned by each and every taxpayer. There is mandatory withholding on FICA, SSecurity, and unemployment but the net check a taxpayer receives is that taxpayer’s money. The taxpayer is then tasked to file a complete and accurate tax return and pay (or receive) a refund accordingly.

To suggest otherwise is absolutely incorrect.

MiltonMan

July 22nd, 2011
12:43 pm

Liberals & their “poor & downtroden middle class” garbage. How about you liberals/progressives/mouchers take a trip (being a liberal it would be on the government dime) to a third-world country to truly see what a poor person looks like. A poor person in America = overweight, has cable, cell phone, refrig, electricity, food, etc. and an Obama sticker on their car which was obtained through the Cash for Clunkers program.

TaxPayer

July 22nd, 2011
12:44 pm

“How many government services are you willing to opt out of…”

NPR funding, funding for Pakistan, the Dept of Education, the energy dept, arts funding, most farm subsidies….

Where would you like your penny refund mailed.

My Migraine

July 22nd, 2011
12:44 pm

What would happen if we simply cut all non-defense and non-entitlement spending totally and completely?

Mary Elizabeth

July 22nd, 2011
12:44 pm

“The changes sought by Chambliss and his colleagues are reasonable and would be necessary regardless of the nation’s larger fiscal challenges.”
———————————————

What is “reasonable” to one may not be reasonable to another. The degree of cuts into Social Security must have a continuous watchdog to insure that “all savings generated by changes in Social Security would be used to make Social Security financially sound.”

To Left Wing Management: That is why your 7:55 a.m. post was valuable in restating one source of the financial crisis (and ideological politics behind it). Thank you for your comments which point out, also, that “it would be the middle and lower classes who bear the ENTIRE burden of balancing the budget” if we are not alert to the unfairness of that happening to the middle and lower classes and if we fail to protest against that happening to the middle and lower classes.

I wish Jay and his family a restful and rewarding vacation.

ragnar danneskjold

July 22nd, 2011
12:45 pm

Good morning all. I think our host misperceives the conservative position on tax revenues. Conservatives do not object to higher government revenues that result from general economic growth. Conservatives object to misguided efforts to increase government revenues via higher tax rates or general elimination of deductions.

There is a case to be made for elimination of deductions, as those are government-imposed “corruptions” of the free-market, but a general policy of eliminating deductions for the purpose of enhancing revenues would be objectionable.

MiltonMan

July 22nd, 2011
12:46 pm

Liberals defintion of “shared sacrifice”:

Sock it to those evil rich Americans who make more than $250k.

Liberal logic: If you are single and make more than $200k, you are rich. If you are married and make over $250k, you are rich. Good God, get married but make sure your spouse makes a lot less than you do.

WOODSTOCK MIKE

July 22nd, 2011
12:47 pm

“Last year I put up exactly $585,000 I’d be willing to throw another 30% in if it will make you happy.”

Now we know who the richest guy is on this blog…

Brosephus

July 22nd, 2011
12:48 pm

Fletch & Mike

Be careful, I’m guessing that he’ll call y’all liberal liars next or something. RB is so damned negative about most things that he makes negative infinity look good.

md

July 22nd, 2011
12:48 pm

“When people no longer are pulling money out of their own pockets, a natural indifference occurs so that the fraudsters can bill whatever they want and no one cares. ”

Not too sure “cares” is the appropriate word……..I care very much, but when those 30k bills come in, one needs an accountant to figure out how things were billed……and not having a clue as to how adjustments are made, the lay person is screwed from the get go………

Do agree with the premise that it will only get worse…….folks are already clueless, now there will be xxx more clueless added to the pool………..

USinUK

July 22nd, 2011
12:50 pm

Hi Paul!

I think it’s a case of “who you ask” in the military re: the F22. it’s all about dollars in the districts, not about what’s best for the country.

as far as the elbow to the sternum goes, I’d never do that to a fellow Bookmaniac. a withering stare, maybe … but no elbow ;-)

USinUK

July 22nd, 2011
12:51 pm

” If you are married and make over $250k, you are rich”

yes. if you make a quarter of a million dollars, you are rich.

if you decide to spend every penny of it, that’s your own damned fault. but, yes, making a QUARTER OF A MILLION DOLLARS does, in fact, make you wealthy.

USinUK

July 22nd, 2011
12:53 pm

(is it me, or have we totally gone through the looking glass when people think a quarter of a million dollars is NOT wealthy)

Brosephus

July 22nd, 2011
12:54 pm

If you are single and make more than $200k, you are rich. If you are married and make over $250k, you are rich.

Ummmm…. Look at the percentage of people who annually make that kind of income and ask yourself that question again. What is the percentage of people in the world that has an annual income that high or higher. Some people can work an entire life and not make $250k.

WOODSTOCK MIKE

July 22nd, 2011
12:54 pm

“yes. if you make a quarter of a million dollars, you are rich.”

Wow, this statement might be the most inocrrect post of the day… First off, making 250K doesn’t mean netting 250K, huge difference. Making 250K is no where near rich. Yeah, you’ve got a 500K house, nice car, nice clothes, do some traveling, but rich, I think not… Not even close, rich means you don’t have to work if you don’t want to…

Paul

July 22nd, 2011
12:56 pm

My Migraine 12:44

The answer to your question “What would happen if we simply cut all non-defense and non-entitlement spending totally and completely?” is answered in Jay’s piece.

“As Chambliss noted in a discussion at the AJC back in April, non-defense, non-entitlement spending accounts for just 12 percent of the budget.

“Now you could cut out that whole 12 percent and you wouldn’t solve this problem of $14 trillion in debt,” he said. “You got to have enough money to run the government and you got to have excess money to start paying down on that debt.”

Yes, you do. Unfortunately, many of his fellow Republicans just can’t bring themselves to believe it.”

Dave R.

July 22nd, 2011
12:58 pm

“(is it me, or have we totally gone through the looking glass when people think a quarter of a million dollars is NOT wealthy)”

Why not? At a local commission meeting last night, the head of our local Democrat party actually called for spending cuts. (To be fair it was in the same speech she made calling for a renewal of a tax – typical liberal two-sidedness) :)

Paul

July 22nd, 2011
12:59 pm

Woodstock Mike

“Now we know who the richest guy is on this blog…”

Not to detract from anyone, but as a matter of logic…. no, we do not know.

Couple Rules of Thumb:

No matter how much you make, someone probably makes more. So stop comparing.

No matter how much you make, at the end of the year it’s gone. What it’s gone on is your choice.

facts is facts

July 22nd, 2011
12:59 pm

Don’t really have a dog in this fight, and maybe some of you more enthusiastic folks from both sides need to consider that you don’t either. Like most, my knowledge of the “Gang of Six” proposal is limited to the very vague and polit-speak talking points being offered by the Gang of Six and the Gang of Media. But here’s my question; if the “revenue” side of this equation includes eliminating/reducing the mortgage interest deduction, the charitable donation deduction, the IRA contribution deduction; etc. BUT DOES NOT INCLUDE increasing capital gains from 15% to 29% (can you say; “hedge fund” can you say “Wall Street owns Obama and the GOP”?) and increasing corporate tax rates to that corporate citizens pay the same rate as individual citizens; it seems to me that the middle class (which now includes those in the $50,000.00 – $350,000 per year income bracket), will be responsible for the lion’s share of the revenue. Think of it this way; you earn $150,000.00 year and you live in a $200,000.00. the $10,000 0r $11,000.00 you deduct from your federal taxes (mortgage interest, charitable contributions, IRA, etc.) is a more significant chunk of change in terms of your (baseline) standard of living, as opposed to a hedge fund manager who earns $500 million per year, and pays only $75 million in taxes. Bottom line, he probably doesn’t have a mortgage on his $10 million home in the Hamptons, doesn’t make charitable contributions or contributes $5K a year to his Roth IRA. No sir, the gang of six (and Obama) would be more aptly named “the Gang of 2%”. Taxation without representation is tyranny; right? When sounds to me like the 2% are well-represented, and the rest of us are beholden to the tyrants.

Paul

July 22nd, 2011
1:00 pm

USinUK

I agree wholeheartedly with the first comment.

The second? Aw nuts…. that would’ve been fun to watch!

Finn McCool

July 22nd, 2011
1:01 pm

“Deportations Of Immigrants Hits Record Number Under Obama Administration”
http://www.huffingtonpost.com/2011/07/22/deportations-obama-immigration_n_906676.html

Logical Dude

July 22nd, 2011
1:01 pm

Woodstock Mike: rich means you don’t have to work if you don’t want to…

I guess “rich” has many definitions. I would define it a little bit differently than you do. Although your definition is a very good one.

MiltonMan

July 22nd, 2011
1:01 pm

US – so clueless that he does not even understand the difference between being rich vs. wealthy; shows his ignorance by using the two interchangeably.

A “rich” person making 200k living in NYC is the same as a “rich” person making 200k living in Macon???

Redneck Convert (R--and proud of it)

July 22nd, 2011
1:02 pm

Well, it don’t seem to me there’s any need to increase taxes. We can just cut back on spending and balance the budget. If we cut food stamps by just a third we’d have a good start.

Don’t get me wrong. I’m a Compassionate Conservative. I’m probly the most Compassionate Conservative in GA. But let me ask you this: When’s the last time you saw a skinny woman using food stamps? You ain’t seen it because they’re all fat. And they’re all fat because they eat too much.

I say it won’t hurt them to skip one meal a day. In fact, we’d be doing them a big favor if we made them do it by just cutting what we spend on food stamps by a third. Anyhow, these welfare queens don’t need to be buying luxury blue jeans for their kids and Gucci loafers. And the welfare queen I saw last night at WalMart could hock that Rolex watch she was wearing and feed her family for three or four months. Not to mention the BMW she was driving.

So little cuts like that would get us back to a Balanced Budget pretty soon. Sure, the kids might complain about being hungry, but they cut make up skipping lunch at supper time. They’ll thank us for making them lean and mean when they grow up. I say there’s no need for anybody to pay a penny more in taxes.

Brosephus

July 22nd, 2011
1:02 pm

facts

I see the Go6 proposal as an answer to those who said that we can’t tax the rich to make things work out. They’re gonna stick it to the middle class. We all know the poor are not going to be able to pay it. What better way to finish off the middle class than to do it under the guise of fiscal accountability?

Dave R.

July 22nd, 2011
1:03 pm

facts is facts, why would you increase the tax on capital gains? That money has ALREADY been taxed at the original rate when earned, then re-taxed at another 15%. How much more do you want to take away from the money that actually GROWS businesses? :roll:

USinUK

July 22nd, 2011
1:03 pm

Mike – “Yeah, you’ve got a 500K house, nice car, nice clothes, do some traveling, but rich, I think not… Not even close, rich means you don’t have to work if you don’t want to…”

which is why I say, if you decide to SPEND all that money, that’s your own fault. However, yes, making $250K/year is, in fact, rich when you consider that the median income is roughly a fifth of that.

Finn McCool

July 22nd, 2011
1:03 pm

I see you guys are still confused about what qualifies as “wealthy”.

If you hire a lawn service to cut your lawn you are not wealthy. IF you employ a full time gardener, you are probably “wealthy.”

IF you cook your own meals or eat out every day, you are probably aren’t wealthy, IF you employ a full time chef, you are probably “wealthy.”

IF you employ a “house staff”, you are probably wealthy, IF you hire a maid a few days a week, you ain’t wealthy!

MiltonMan

July 22nd, 2011
1:05 pm

Liberals on this board having a tough, tough time using their one-cell “functioning” brain to try to define a rich person.

Brosephus – goes from a rich person in the USA & compares it to what others make around the whole world. Man, I did not know that global residents pay American taxes.

Paul

July 22nd, 2011
1:05 pm

USinUK

“(is it me, or have we totally gone through the looking glass when people think a quarter of a million dollars is NOT wealthy)”

During the campaign, to alleviate worries of the wealthy, Candidate Obama redefined ‘middle class’ as ‘households making less than $250,000 a year.” As a point of fact, I disagree tremendously. As a political move to reduce mistrust and attract votes, it was brilliant.

The real irony, though, is that Candidate Obama’s redefinition was completely, totally, without reservation adopted by Republicans. They embraced it, they live it

and I’m amazed to think they might actually believe it.

Woodstock Mike,

As Jay noted on this topic, whatever one might choose to call himself, when one makes more than 95 out of 100 households, ‘average’ is a stretch.

Finn McCool

July 22nd, 2011
1:05 pm

You can make a million a year, that doesn’t mean you are wealthy.

Dave R.

July 22nd, 2011
1:05 pm

“Deportations Of Immigrants Hits Record Number Under Obama Administration”

Why do Democrats hate illegal immigrants?

(I just thought I’d get that one out there) ;)

USinUK

July 22nd, 2011
1:05 pm

Milton – if you choose to spend it all by living in Manhattan or LA, that’s your choice.

making 5x the median income makes you rich / wealthy/ filthy with lucre, however you choose to look at it.

md

July 22nd, 2011
1:07 pm

“(is it me, or have we totally gone through the looking glass when people think a quarter of a million dollars is NOT wealthy)”

Depends on one’s perspective…….to many around the globe, 20 or 30k is wealthy…………here, not so much.

Always liked the comedian that compared “our” poor with those in other countries……….one can count the ribs on the poor outside the US……..while our poor seem to all weigh 300 pounds………

USinUK

July 22nd, 2011
1:08 pm

Paul – “and I’m amazed to think they might actually believe it”

what amazes ME is that they seem to think that, if, at the end of the day, if you only have $10 in your bank account, you’re actually middle class, despite living in a >$500K house, nice car, nice clothes, vacations, private schools, etc …

WOODSTOCK MIKE

July 22nd, 2011
1:09 pm

@USinUK

See, I think may be assuming that people desire the same things or need the same things as you. That’s a false assumption. This is simply a fact, a family making 250K/yr is not rich. Especially if you live in a major metropolitan are of the United States. Comparing the median income to this means nothing. If fact if you live in New York City 250K/yr probably just gets you by…

USinUK

July 22nd, 2011
1:09 pm

md – which is why I’m comparing it to the US median income of roughly $50K/year.

so, yes, 5x that amount is, in fact, rich.

even if they’ve had so much lipo that their ribs are showing.

Dave R.

July 22nd, 2011
1:09 pm

“if you choose to spend it all by living in Manhattan or LA, that’s your choice.”

That’s a bit simplistic, USinUK. Sure, you can choose to live out in the boonies and commute every day, but if your business is IN one of those cities, it makes perfect sense to live in one of those cities to save time (which is also money) and be more efficient and responsive to your customers.

Brosephus

July 22nd, 2011
1:10 pm

USinner @ 1:03

I was scratching my head and thinking the same thing. If my annual income, either pre or post deductions was at the $250k mark, I don’t see why I would need a different house other than the one I’m in now. It’s the mindset like that which is causing more government spending. It isn’t the politicians at all.

USinUK

July 22nd, 2011
1:10 pm

woodstock – unfortunately, that’s not how our tax system works. it’s based on medians and averages regardless of where you live.

md

July 22nd, 2011
1:11 pm

Don’t agree with the blanket statement that making 250k is “rich”…….I know quite a few business folks that made 250k, but their debt to start that business is in the millions……..they are not rich.

Depends on how long they make that 250k……………………..

WOODSTOCK MIKE

July 22nd, 2011
1:11 pm

@US in UK

sorry for the poor grammar in my previous post, typing and trying to work… LOL

Paul

July 22nd, 2011
1:12 pm

Brocephus 1:10

[polite golf clap]

Dave R.

July 22nd, 2011
1:12 pm

“Always liked the comedian that compared “our” poor with those in other countries……….one can count the ribs on the poor outside the US……..while our poor seem to all weigh 300 pounds…”

Delivered the right way, that’s funny.

Delivered another way, that’s a sad and sorry statement.

WOODSTOCK MIKE

July 22nd, 2011
1:13 pm

@USinUK

“woodstock – unfortunately, that’s not how our tax system works. it’s based on medians and averages regardless of where you live.”

I guess I can be more clear if needed, IN THE UNITED STATES A FAMILY MAKING 250K/YR IS NOT CONSIDERED RICH. That is a simple fact. Yes, they make enough money to have a good life and hopefully put some of it away for retirement, but making 250K just isn’t rich, not even close…

1811/0311

July 22nd, 2011
1:13 pm

HEADLINE: “TERROR IN OSLO”

I’m betting from Little Sis’ latest DHS report and video that it’s some white Christian Identity group from Montana that went to Oslo to do this dastardly deed !

What do you think libs. ??

USinUK

July 22nd, 2011
1:14 pm

Brocephus – “It’s the mindset like that which is causing more government spending.”

forget that.

it’s that kind of mindset which has put us in the pickle we are today – people who spend everything they make (and more) and who feel they have to live at the top of / exceed their means.

1811/0311

July 22nd, 2011
1:14 pm

I mean, come on, what have Norwegians done to anyone lately ???

Run up the price of sardines ?

facts is facts

July 22nd, 2011
1:14 pm

Milton Man, you are spot on. “Rich” is word used by politicians and gadflies. Whereas WEALTH is a word used to describe the ownership class in a plutocracy. Rich people do not direct Congress or the POTUS via lobbyists; wealthy people do. And “wealthy people” includes corporations. All this “class warfare” nonsense is a distriction and nothing more. The Randian free market wags like to speak of “creation of wealth” as a driving force in capitalism; I agree. Problem is; Warren Buffett, Bill Gates, Arthur Blank, and any other wealthy person attained his/her wealth via the stock market (some as traders/hedge fund types, others by taking companies “public”). As individuals they may have become “wealthy” but in order to remain wealthy, or more accurately, continue to build/consolidate their wealth, they need things like the 15% capital gains rate, the Roth IRA contribution deduction, the mortgage interest deduction, etc. You think the housing market is in the tank; wait until there is absolutely ZERO incidentive to own a home unless one can pay cash? How do you think the bubble was inflated? The banks (corporate citizens) made the mortages the “assets” (as opposed to real estate). Ergo the “value” of the mortgage (to Wall Street)trumped the value of one’s home. The American dream for John Q. Public was to be rich (good job, own a home, nice car, etc.). The American dream for John Q, Inc. was to become wealthy, and in 2008, nearly $9 trillion was “transfered” from homeowners and individual investors; to Goldman Sachs, AIG, Bank of America, et al, as well as the hedge fund managers and Wall Street cowboys who executed “the big short”.

Brosephus

July 22nd, 2011
1:15 pm

Milton Man

Seems like you don’t know much of anything. Seems like people around the world purchase goods from American based multinational corporations. Some countries pay tarriffs to export their goods to the US of A. Not to mention the foreign citizens who live here with green cards and pay American taxes. You also have foreigners on work visas doing the same.

However, beyond your petty attempt to deflect, what percentage of the AMERICAN public has an income of $200k single/$250k married in a single year? What percentage of the AMERICAN people has an annual income less than that? Pretty simple questions to answer, even your single-celled brain should be able to figure that one out.

RB from Gwinnett

July 22nd, 2011
1:15 pm

“RB, so you’re more than willing to let the government default on debt, not pay the interest, and cause economic turmoil? ”

No, i’d prefer they stop spending us into oblivion. The house passed their plan to handle the issue. If the senate fails to pass it or if Obama vetos, it’ll be their fault if we default. This “let us keep spending beyond our means or we’ll blame you” crap only works on morons. Go sell it somewhere else.

1811/0311

July 22nd, 2011
1:15 pm

FOR THOSE WHO MISSED THIS LATE LAST NIGHT:

The Green Thing

In the line at the store, the cashier told an older woman that she should bring her own grocery bags because plastic bags weren’t good for the environment.

The woman apologized to him and explained, “We didn’t have the green thing back in my day.”

The clerk responded, “That’s our problem today. Your generation did not care enough to save our environment.”

He was right — our generation didn’t have the green thing in its day.

Back then, we returned milk bottles, soda bottles and beer bottles to the store. The store sent them back to the plant to be washed and sterilized and refilled, so it could use the same bottles over and over. So they really were recycled.

But we didn’t have the green thing back in our day.

We walked up stairs, because we didn’t have an escalator in every store and office building. We walked to the grocery store and didn’t climb into a 300-horsepower machine every time we had to go two blocks.

But she was right. We didn’t have the green thing in our day.

Back then, we washed the baby’s diapers because we didn’t have the throw-away kind. We dried clothes on a line, not in an energy gobbling machine burning up 220 volts — wind and solar power really did dry the clothes. Kids got hand-me-down clothes from their brothers or sisters, not always brand-new clothing. But that old lady is right; we didn’t have the green thing back in our day.

Back then, we had one TV, or radio, in the house — not a TV in every room. And the TV had a small screen the size of a handkerchief (remember them?), not a screen the size of the state of Montana.

In the kitchen, we blended and stirred by hand because we didn’t have electric machines to do everything for us.

When we packaged a fragile item to send in the mail, we used a wadded up old newspaper to cushion it, not Styrofoam or plastic bubble wrap.

Back then, we didn’t fire up an engine and burn gasoline just to cut the lawn. We used a push mower that ran on human power. We exercised by working so we didn’t need to go to a health club to run on treadmills that operate on electricity.

But she’s right; we didn’t have the green thing back then.

We drank from a fountain when we were thirsty instead of using a cup or a plastic bottle every time we had a drink of water.

We refilled writing pens with ink instead of buying a new pen, and we replaced the razor blades in a razor instead of throwing away the whole razor just because the blade got dull.

But we didn’t have the green thing back then.

Back then, people took the streetcar or a bus and kids rode their bikes to school or walked instead of turning their moms into a 24-hour taxi service.

We had one electrical outlet in a room, not an entire bank of sockets to power a dozen appliances. And we didn’t need a computerized gadget to receive a signal beamed from satellites 2,000 miles out in space in order to find the nearest pizza joint.

But isn’t it sad the current generation laments how wasteful we old folks were just because we didn’t have the green thing back then?

Please forward this on to another selfish old person who needs a lesson in conservation from a smart-mouthed young person.

The Green Thing

Paul

July 22nd, 2011
1:16 pm

I’ll offer all this talk of ‘rich’ ‘wealth’ ‘whatever’ is semantics. And NYC is the card to pull, but compared to the number of workers in the US, it’s a small percentage.

I’ll go with USinUK’s point: If you live in a neighborhood of 100 households and make more than 95 of them, you’re waaaaaay past ‘better off.’

If you want to use a label to minimize the distinction, at least recognize it for what it is.

And I notice after Fletch’s post, RB from Gwinnett became scarce. Next time she shows up can someone remind her of her ‘how much more you willing to give, huh?’ question and ask her to respond to Fletch’s post? Thanks.

WOODSTOCK MIKE

July 22nd, 2011
1:17 pm

“it’s that kind of mindset which has put us in the pickle we are today – people who spend everything they make (and more) and who feel they have to live at the top of / exceed their means.”

Once again, who is anyone to tell someone how to live. Now allowing people to live beyond their means on credit is what got us into this mess, but is someone makes 1 million bucks a year and blows it, so be it. Crossing a fine line when telling someone else how they should live their life…

Finn McCool

July 22nd, 2011
1:18 pm

Heck, 1811, that ain’t nothing.

i had to walk a mile to school in the snow, with no shoes, uphill both ways….

Paul

July 22nd, 2011
1:19 pm

Oh, HI RB from Gwinnnett! I see you’re back! Good!

Any comment on Fletch’s post to your question? The answer that was “RB from Gwinnett – “I want a number. In real dollars, how much of your own money are you willing to put in every year?”

Last year I put up exactly $585,000 I’d be willing to throw another 30% in if it will make you happy.”

facts is facts

July 22nd, 2011
1:19 pm

Dave R., because I make no distinction between “growing a business” and “growing a life”. If corporations, hedge funds and Wall Street card sharks claim “gains” and “losses” as income, they should be taxed. I don’t see the difference between some worker bee who earns $50,000.00 as a computer engineer or public school teacher, and some stock broker or hedge fund manager who earns $50,000.00 (in one day); pumping and dumping a stock or short selling. It’s ALL income. In addition. In a perfect world, the playing field would be level and people would be honest, but I think that ‘dream’ ended when Eve bit into the apple, right?

Brosephus

July 22nd, 2011
1:21 pm

Paul

I saw that too!!! :lol: To his credit, he popped back in at 1:15, but there was no attempt to engage either what Mike or Fletch posted……..

Fletch

July 22nd, 2011
1:21 pm

WOODSTOCK MIKE- “Now we know who the richest guy is on this blog…”

I doubt I’m the richest, I merely answered RB’s question.

USinUK

July 22nd, 2011
1:21 pm

Mike – you can put it all in caps if you like, but it’s still making 5x the median. so, yes, it is rich.

it’s not Paris Hilton rich (to maintain the earlier theme) … but it is rich.

Brosephus

July 22nd, 2011
1:24 pm

Mike @ 1:17

Is that not what our government has been doing for the past 30-40 years, spending everything it had plus more just to be at the top of the pile?

Now, people are saying that the government should not spend more than what it brings in.

md

July 22nd, 2011
1:24 pm

“Last year I put up exactly $585,000 I’d be willing to throw another 30% in if it will make you happy.””

Sounds like Buffet……..why is it that folks will only do what they think is right/needed if others are forced to do the same? Otherwise, it’s a no go…………..

Libertarian

July 22nd, 2011
1:25 pm

Dave R.

July 22nd, 2011
12:21 pm

You beat me to it. Agree. These people are ridiculous. Most of those things are local issues.

You name a REAL “service” that the Federal government currently provides and I would most likely opt out of it. I would keep national parks and defense (although, i would cut it). Opt out of all entitlements (I already don’t benefit from any of them), Arts funding, Federal education funding (leave local), foreign aid, planned parenthood, NPR, farm subsidies, tax subsidies to companies like GE who pay ALMOST NOTHING in taxes….this list could go on forever.

Brosephus

July 22nd, 2011
1:28 pm

Fletch

Let me say also, I applaud you and your demeanor here even more. To know you pay that much in taxes is one thing. To know that and see that you don’t have Bitchfest 2011 on this blog about taxes says much more about your character than anything else I’ve seen to date. I tip my hat to you, sir…

Paul

July 22nd, 2011
1:28 pm

USinUK

July 22nd, 2011
1:30 pm

Paul – :lol:

thanks – that’s just what I needed before heading home!

everyone, have a great weekend

and Jay – travel safe!!!

md

July 22nd, 2011
1:30 pm

Adding insult to injury?

“Casey Anthony gets job offers, taxpayers get legal bill”

And this is part of the problem………how many go on to do well in society yet are never required to repay the assistance given……….we need to start giving folks that choose to vacation in our penal system loans vs assistance………

out of the blue

July 22nd, 2011
1:30 pm

Mighty Righty “Playing with hand grenades”

Before you make such nefarious comments you might want to re-check your history concerning Max…He was awarded both the bronze and silver stars for VALOR, and your comment was Despicable!

Paul

July 22nd, 2011
1:33 pm

Fletch

I do not mean this personally, only wish to use your post as a springboard.

In spite of the images we’re normally treated to (the brash Wall Streeter screaming “Look what I did!”) my impression from knowing some in Fletch’s situation is there is oftentimes much more evidence of humility. Of a recognition they’ve been blessed by circumstance as well as by their own efforts. That Life has provided opportunities that, grateful they’ve been able to utilize them, there’s also a grateful recognition that Life didn’t impose something else.

Fletch

July 22nd, 2011
1:33 pm

md – “why is it that folks will only do what they think is right/needed if others are forced to do the same? Otherwise, it’s a no go…………..”

I understand your logic, but your comment is in error. RB only asked for a dollar number, to which I responded. Also, if you follow the logic of ” feel free to give more to the government if you want” it will become the same problem that you rail against. If I, or anyone else, begins sending in extra money, and you do not, I will inherently be paying for you.

md

July 22nd, 2011
1:33 pm

You folks do know that it is a 50/50 proposition when others post unsubstantiated info…..right?

Paul

July 22nd, 2011
1:34 pm

Have a wonderful weekend, USinUK

Jefferson

July 22nd, 2011
1:34 pm

I don’t know what rich is but I know what it takes to live good and taxes don’t put people in the poor house, people do.

Jefferson

July 22nd, 2011
1:35 pm

Actually rich has little to do with money, but most GOPers let money run(ruin) their lives. Not all.

oldguy

July 22nd, 2011
1:36 pm

JAY….Jay…..Jay
“And as Chambliss takes pains to point out, all savings generated by changes in Social Security would be used to make Social Security financially sound. It’s an important point: No revenue generated by the self-insurance program is being spent elsewhere.”
And you were actually able to say that with a staight face!!!
We had this discussion a few weeks ago…
The SS “Trust” fund was put ON BUDGET in 1963 by good old LBJ to fund the “Great Society” that wonderful program that gave us Cabrini Green in Chicago and many other urban ghettos!
Any change in the self insurance plan will do little or nothing to solve the SS problems…… Unless the government is planning to repay the Trillions its stolen from the fund.
How about this: if the government is “obligated” to pay the interest due on the borrowed money to finance the national debt why are they not “obligated” to pay interest on the money “borrowed” from the SS Trust Fund????

Fletch

July 22nd, 2011
1:37 pm

Paul and Brosepuhus – I appreciate the kind words. I honestly don’t have a political axe to grind, so my responses tend to be direct replies to the questions asked.

If someone was to ask me what my net worth was, I would tell them it’s none of their business. However, I don’t mind sharing pieces that may be relevent to the topic at hand.

Message from Matti

July 22nd, 2011
1:38 pm

RB from Gwinnett,

Unless YOU are a regular listener of NPR, seek health services from Planned Parenthood, or benefit from aid to Pakistan, then you didn’t actually answer my question as to which services you are willing to forego. Thanks for posing, though.

Libertarian

July 22nd, 2011
1:38 pm

I wish people would stop demonizing the “rich” (or their version of rich). There’s nothing wrong with being rich. I paid six figures in tax last year and, call me selfish, but I do not want to pay another dime. I think the majority of it was wasted on some kind of bureaucratic BS. I would much rather spread that around to the charities and causes of my choosing. Its difficult to write six figure checks to the government and then read about all the ridiculous waste (cowboy poetry, anyone?)

Paul

July 22nd, 2011
1:38 pm

md

“how many go on to do well in society yet are never required to repay the assistance given”

Understandable. One can observe, thought, the government brought the charges. The government had a responsibility to ensure it was prepared to prove its claims. If the person they accused does not have the resources for an adequate defense, it’s society’s responsibility to make sure a defense is provided.

So the gov’t accuses, the gov’t doesn’t make its case, the person accused shouldn’t be required to ‘pay back’ the gov’t to defend against their accusation.

Which is far different from someone convicted of a crime being allowed to profit from the crime thru books, movies, tours, etc. Which, I believe, statutes exist to prevent from happening.

Dave R.

July 22nd, 2011
1:38 pm

“because I make no distinction between “growing a business” and “growing a life”. ”

facts is facts, what a business does to grow a business is their business, not yours. What someone does to grow a life is their business as well, and not yours.

md

July 22nd, 2011
1:38 pm

“If I, or anyone else, begins sending in extra money, and you do not, I will inherently be paying for you.”

You would be doing that anyhow, so what’s the difference??

If that is ones ideology, fine…so be it…..but don’t talk it, live it………………..

How much does one really need to be comfortable?? I think it is borderline hypocrisy………

Wonder how many folks Jay is taking on vacation with him knowing their are tons of folks that can’t afford one??

Or how many homeless folks are living in the basement of our Hollywood elite??

I think for the most part, it’s all lip service……………

Mighty Righty

July 22nd, 2011
1:39 pm

out of the blue

July 22nd, 2011
1:30 pm
Mighty Righty “Playing with hand grenades”

Before you make such nefarious comments you might want to re-check your history concerning Max…He was awarded both the bronze and silver stars for VALOR, and your comment was Despicable!

My comment may have been insensitive but it was accurate as anyone knows. He was not wounded in combat. He was infact playing with a grenade when it accidently went off. His words, not mine.

Fletch

July 22nd, 2011
1:40 pm

md -”You folks do know that it is a 50/50 proposition when others post unsubstantiated info…..right?”

Of course it is, what type of evidence is it your looking for?

Brosephus

July 22nd, 2011
1:41 pm

md

I take a man/woman at their word until proven otherwise. Regardless to how much or how little somebody earns, the most valuable thing a person has, in my eyes, is their honor, and their word goes a long way towards the value of their honor.

oldguy

July 22nd, 2011
1:42 pm

p.s. Jay,
Just what is the “Gang’s” plan? Where can I get a copy??
what is the senate bill # ??
What is the CBO’s rating of its impact ???

The answers: none, nowhere, none, nothing to rate.

Adam

July 22nd, 2011
1:42 pm

Excellent article Jay.

I just love seeing the con responses to this. Either not reading, not comprehending, or just plain ignoring the substance of the article in favor of trotting out talking points. You guys would be better off on websites that are made of articles that say exactly those things. But then I guess you wouldn’t be able to express fear and outrage against those you dislike so much as joy over people agreeing with you.

Craig Spinks

July 22nd, 2011
1:42 pm

Leadership, by its nature, is risky business.

The timid need not apply to positions requiring it.

Paul

July 22nd, 2011
1:43 pm

Fletch

You are most welcome.

I imagine you’ve gathered there are bloggers who have a difficult time understanding some can discuss or take a position based upon principle, not upon the personal benefit or disadvantage that may accrue.

Schrodinger's cat

July 22nd, 2011
1:44 pm

As I said yesterday – “They’ll deal…in the end it will have zero teeth..It’ll be called the “great get me re-elected act of 2011”…it’ll have higher taxes and spending cuts to never be enacted in the future..or present…both sides will spin it as a win….unless someone has the will to shut-er-down…I’m not convinced it’ll be the end of the end..remember the stimulus both sides agreed on to keep unemployment below 8%?..to believe either side in whole is naive.”

md

July 22nd, 2011
1:44 pm

“Of course it is, what type of evidence is it your looking for?”

Evidence I’d recommend you not post on an anonymous blog……….

So I reserve the right to remain skeptical………as I would suggest others do even with myself…….

and soco…..that’s fine……to each his own……..

Paul

July 22nd, 2011
1:45 pm

oldguy

“Just what is the “Gang’s” plan? Where can I get a copy??
what is the senate bill # ??
What is the CBO’s rating of its impact ???

The answers: none, nowhere, none, nothing to rate.”

You may want to start here:

http://www.youtube.com/watch?v=yeFwdcpWzQM

Uncle Jed

July 22nd, 2011
1:46 pm

Out of the Way, Please, Mr. President</b.
The Gang of Six puts forward some ideas worth pursuing.

She is writing about President Obama as excerpted below with link following:

He’s trying to come across as the boss, the indispensable man, the leader. And, of course, the reasonable one.

That’s all very nice and part of Political Positioning 101, but at this point it’s not helping. He’s becoming box-office poison. His numbers are falling. The RealClearPolitics composite job approval poll rating has him down six points since June 2, when the debt ceiling crisis began. That fall, from 52% to 46%, exactly tracks his heightened media presence and his increased attempts to be seen as dominant. Public Policy Polling, a Democratic firm, said that if he ran for president today he’d lose, that his job numbers are “worse than they appear,” and that he continues to have real trouble with undecided voters.

And if you’ve watched him lately, you know why. When he speaks on the debt negotiations, he is not only extremely boring, with airy and bromidic language—really they are soul-killing, his talking points—but he never seems to be playing it straight. He always seems to be finagling, playing the angles in some higher game that only he gets. In 2½ years, he has reached the point that took George W. Bush five years to reach: People aren’t listening anymore.

The other day he announced the Gang of Six agreement with words that enveloped the plan in his poisonous embrace: “I wanted to give folks a quick update on the progress that we’re making.” We’re. He has “continued to urge both Democrats and Republicans to come together.” What would those little devils do without Papa? “The good news is that today a group of senators . . . put forward a proposal that is broadly consistent with the approach that I’ve urged.” I’ve urged. Me, me, me.

That approach includes “shared sacrifice, and everybody is giving up something.” He was like a mother coming in and cheerily announcing: “Dinner’s served! Less for everybody!”

We’re trying to begin a comeback, not a famine. We’re trying to take actions that will allow us to grow.

He’s like a walking headache. He’s probably triggering Michele Bachmann’s migraines.
++++++++++++++++++++++++++++++++++++++++++++++++++++++

I love a woman with spunk, and Peggy Noonan offers a perspective that is usually right on target. I have heard her lay into folks from all colors of the political rainbow AND she is pretty dang smart.

http://online.wsj.com/article/declarations.html

Uncle Jed

July 22nd, 2011
1:47 pm

Okay, I blew the darn HTML tag, AGAIN :-(

Fletch

July 22nd, 2011
1:47 pm

Paul – “I imagine you’ve gathered there are bloggers who have a difficult time understanding some can discuss or take a position based upon principle, not upon the personal benefit or disadvantage that may accrue.”

LOL, I know. I’m still waiting on a reply from yesterday when I asked a blogger if he felt I overpaid for 19 Angus head (4 Bulls, 15 Heifers. I got a lot of words, but none of them addressed the question.

Fletch

July 22nd, 2011
1:48 pm

md – “So I reserve the right to remain skeptical………as I would suggest others do even with myself…….”

Understandable and not unreasonable. :)

Schrodinger's cat

July 22nd, 2011
1:49 pm

Uncle Jed…That’s why I call him President “Odrama”

Brosephus

July 22nd, 2011
1:49 pm

md

I’m like you, that evidence should not be posted here. I wouldn’t have even suggested posting a figure on taxes, but that’s just me. I think that’s a big part of what’s wrong with us as a society. We want to get all into everybody else’s business, but when it comes to something personal, it becomes an invasion of privacy.

I’m skeptical of everything, mostly due to the job I have. However, I believe that an honest person is worth their weight in gold when it comes to their word. There’s many ways to find out whether their word is worthless or not though.

Brosephus

July 22nd, 2011
1:50 pm

Catch y’all later… Time to get out and about.

williebkind

July 22nd, 2011
1:53 pm

“among his fellow Republicans in Georgia’s House delegation, most of whom have taken a deeply irresponsible approach to the nation’s fiscal crisis.”

Who was irresponsible for not passing a budget in 2010? Who was in charge? Oh I remember, you could not pass a budget until you rammed ObamaCare down the American peoples’ throat. Liberals sure have a peculiar way with facts and history.

Fletch

July 22nd, 2011
1:53 pm

Brosephus – “Catch y’all later… Time to get out and about.”

Enjoy, I hear it’s pretty steamy down there this week.

M E Brooks

July 22nd, 2011
1:56 pm

The issue is not a Revenue Problem. It never is. It is a Spending Problem. If they truly wanted to raise revenues, they would lower the Tax Rates across the Board like JFK, Reagan, and Bush 2.0 did. In each case revenues increased by $300 Billion, $200 Billion, and $300 Billion. Whenever Tax Rates exceed 19% of the US GDP, Revenues decrease. The real purpose of increasing the Tax Rates is to force a greater percentage of the populace into dependence upon the Federal Govt’ – i.e. Democrats for their lively hood. If it was about Revenue, they would lower Taxes. The truth is that the current system is gamed and will lead to default unless the borrowing stops. It is not a revenue problem. The problem is the Federal Govt’ addiction to spending our money.

oldguy

July 22nd, 2011
1:58 pm

Saw it live Paul…..
“This is a Comprehensive Debt …….. Bla…..bla….bla”
Politicospeak!
No specifics, no details, NOTHING EVEN CLOSE TO SOMETHING RATABLE BY THE CBO!!
i.e. nothing but a kiss and a promise !! as usual.
The old “Trust us” appoach Like the TV ad “Try it, you’ll like it!”
Do I thust politicians ?? NOOOOOOOOOOO!

josef

July 22nd, 2011
1:58 pm

I finally got and answer to the question I’ve been asking. Rich is anybody who makes more than I do and the way to “move up” is to make sure I can keep as many below me as possible by whatever means possible. Got it. It was so simple and there I was trying to complicate it with such silly things as dollar amounts. I’m such a slow learner. The good news is, there’s a whole lot of rich people in the country!

Then here we come putting figures on it so others will know just how much we’re “worth.” Granddaddy always said never let anybody know what you’ve got. That’s an invitation to come and take it one way or another and a fool and his money ARE soon parted. Granny said it was “just plain tacky and trashy.”

Somebody else said rich was being in a position to never have to work again. Well, in that case I suppose I am rich. And you know what? I am. Not ostentatious, not gaudy, none of that, but comfortable. Which means I can go back to work next week doing what I love to do and, hopefully, giving back a little of my self and time to all our future. I’ve got a good, solid, loving relationship, three well-adjusted, happy and productive children, smiling, laughing grandkids, and air conditioning that’s churning away as I sit blathering away…life is good. But, then, I’m rich. I wish everybody could have it this good. What’s wrong with that?

Uncle Jed

July 22nd, 2011
1:59 pm

(I like to fix my errors, sorry for the re-post–I hope it displays correctly this time) :-)

Out of the Way, Please, Mr. President
The Gang of Six puts forward some ideas worth pursuing.

She is writing about President Obama as excerpted below with the link following:

…He’s trying to come across as the boss, the indispensable man, the leader. And, of course, the reasonable one.

That’s all very nice and part of Political Positioning 101, but at this point it’s not helping. He’s becoming box-office poison. His numbers are falling. The RealClearPolitics composite job approval poll rating has him down six points since June 2, when the debt ceiling crisis began. That fall, from 52% to 46%, exactly tracks his heightened media presence and his increased attempts to be seen as dominant. Public Policy Polling, a Democratic firm, said that if he ran for president today he’d lose, that his job numbers are “worse than they appear,” and that he continues to have real trouble with undecided voters.

And if you’ve watched him lately, you know why. When he speaks on the debt negotiations, he is not only extremely boring, with airy and bromidic language—really they are soul-killing, his talking points—but he never seems to be playing it straight. He always seems to be finagling, playing the angles in some higher game that only he gets. In 2½ years, he has reached the point that took George W. Bush five years to reach: People aren’t listening anymore.

The other day he announced the Gang of Six agreement with words that enveloped the plan in his poisonous embrace: “I wanted to give folks a quick update on the progress that we’re making.” We’re. He has “continued to urge both Democrats and Republicans to come together.” What would those little devils do without Papa? “The good news is that today a group of senators . . . put forward a proposal that is broadly consistent with the approach that I’ve urged.” I’ve urged. Me, me, me.

That approach includes “shared sacrifice, and everybody is giving up something.” He was like a mother coming in and cheerily announcing: “Dinner’s served! Less for everybody!”

We’re trying to begin a comeback, not a famine. We’re trying to take actions that will allow us to grow.

He’s like a walking headache. He’s probably triggering Michele Bachmann’s migraines.
+++++++++++++++++++++++++++++++++++

I love a woman with spunk, and Peggy Noonan offers a perspective that is usually right on target. I have heard her lay into folks from all colors of the political rainbow AND she is pretty dang smart.

http://online.wsj.com/article/declarations.html

Message from Matti

July 22nd, 2011
2:00 pm

Oh, here we go again with the throat-ramming fable again. Stop projecting your personal, fantasy-related inner conflicts onto the rest of us, please. Thanks!

jaypat

July 22nd, 2011
2:00 pm

Nothing in this post by Jay Bookman is grounded in reality. Cutting Social Security does not make “common sense” unless you live by the reality as described by right-wing organizations like the Robert Wood Foundation . Social Security is not a part of the problem here; in fact, it is the Social Security Trust Fund that is funding a large part of the operation of the government. It is deliberately deceitful to claim otherwise. Shame on you!

Apparently many of the favored voices at the AJC seem to think the US is still on the gold standard. That ended in 1971. (August 15th of this year will be the 40th anniversary of the event.) Why does that matter? Because on the gold standard, the value of the dollar was tied directly to the amunt of gold on hand compared to the number of dollars outstanding (at the time $35/ounce of gold.)

Now the dollar “floats” (varies in value) against all the other currencies in the world. “Balancing the budget” or “cutting the budget” has no effect on inflation or prices. Doing either will only make the problem worse BECAUSE the root of the economic situation is a lack of customers. They don’t have enough money to buy the goods and services that are necessary to get the economy going again.

As nearly as can be determined,almost $6 trillion was sucked out of the economy during the housing crash. (The total economy of the US is about $14 trillion.) That’s why unemployment is still so high. That’s why states are seeing their revenues shrink. And if we proceed down this contractionary path, it is only going to get worse, not better.

I wish the AJC would hire someone who knew enough about the modern economy to write cogently about it. The current offerings are pitiful in their ignorance.

Doggone/GA

July 22nd, 2011
2:02 pm

“Who was irresponsible for not passing a budget in 2010?”

Congress

“Who was in charge?:

Congress

Civics class – education is a good thing. Try it sometime.

Recon (2nd.and 3rd.)

July 22nd, 2011
2:03 pm

Old Guy,

You’re correct, The Gang of Six plan is still pretty much just a framework. All the details will need to be worked out.

williebkind

July 22nd, 2011
2:03 pm

Uncle Jed thanks for the info. I will remember her.

Doggone/GA

July 22nd, 2011
2:03 pm

Rich? Wealthy? As far as I’m concerned, if you make 5x what I make, you are both.

But at the same time, neither riches nor wealth are EXCLUSIVELY monetary.

md

July 22nd, 2011
2:03 pm

“But, then, I’m rich. I wish everybody could have it this good. What’s wrong with that?”

Still want to know how much one needs to be comfortable?

If the ideology (not necessarily you Jo) is that other folks need to be cared for, why can’t those that believe that way just do it…………..

That isn’t what I hear…….I hear…..”I think it needs to be done, but by golly I’m not doing it unless Joe Blow down the street has to do it too”………….

oldguy

July 22nd, 2011
2:04 pm

Looks like the “religion of Peace” has struck another blow for “Reason” and “Tolerance” in Norway!!

Paul

July 22nd, 2011
2:05 pm

oldguy

I didn’t rewatch it but I do remember the charts (hey everyone the link has charts!!!) and they did give specific areas with ranges of dollars or percent change.

Sen Crapo said that was intentional – that those numbers would go to the Congressional committees responsible for those areas and THEY would be responsible for determining the numbers and programs.

That’s when proposals become ripe for CBO scoring.

Doggone/GA

July 22nd, 2011
2:06 pm

“Looks like the “religion of Peace” has struck another blow for “Reason” and “Tolerance” in Norway!!”

Nope. But some stupid people have

Uncle Jed

July 22nd, 2011
2:06 pm

TahDaaah ;-)
++++++++++++++

josef

July 22nd, 2011
1:58 pm
I finally got and answer to the question I’ve been asking. Rich is anybody who makes more than I do and the way to “move up” is to make sure I can keep as many below me as possible by whatever means possible.
++++++++++++++

@ josef and only because my wife never wastes time blogging, at least here….

That reminds me of this one:
A fox is any woman with a butt smaller than my wife’s

oldguy

July 22nd, 2011
2:07 pm

Oh Md,
its “Each according to his needs” now ….. I’ve heard that before…
Now who was it that said that???

williebkind

July 22nd, 2011
2:07 pm

It’s opportunity all over again. If the liberals allow the government to default we will get to see the real guts of America.

Doggone/GA

July 22nd, 2011
2:07 pm

“Cut, Cap and Balance” died in the Senate

Paul

July 22nd, 2011
2:08 pm

josef 1:58

Your first post of the day and the last made it a grand slam.

As usual, nicely done -

Soothsayer

July 22nd, 2011
2:09 pm

Jefferson

July 22nd, 2011
2:09 pm

That house bill was bad from day 1, good thing it died.

Uncle Jed

July 22nd, 2011
2:10 pm

Schrodinger’s cat

July 22nd, 2011
1:49 pm
Uncle Jed…That’s why I call him President “Odrama”
+++++++++++++++++++

He, more so than a whole cartload of predecessors.

TaxPayer

July 22nd, 2011
2:11 pm

Fletch,

What was that number you posted that is under scrutiny. Total fed income tax or what.

out of the blue

July 22nd, 2011
2:11 pm

Mighty Righty….Were you There? I didn’t think so!

Here in a nutshell is what happened on that day

On April 8, with a month left in his tour, Cleland was ordered to set up a radio relay station on a nearby hill. A helicopter flew him and two soldiers to the treeless top of Hill 471, east of Khe Sanh. Cleland knew some of the soldiers camped there from Operation Pegasus. He told the pilot he was going to stay a while with friends.

When the helicopter landed, Cleland jumped out, followed by the two soldiers. They ducked beneath the rotors and turned to watch the liftoff. Cleland reached down to pick up a grenade he believed had popped off his flak jacket. It exploded, and the blast slammed him backward, shredding both his legs and one arm.

On that day, he was in a mortar pit on a hill near Khe Sanh when he heard the explosion. Fragments bounced off his flak jacket. He ran to the injured Cleland, saying ‘Hold on there, captain, the chopper will be here in a minute.’

Lloyd took off his web belt and tied it around one of Cleland’s shredded legs. When the medics arrived, he left to help another injured soldier — one of the two who had gotten off the helicopter with Cleland.

That unnamed soldier was crying. ‘It was mine,’ he said, ‘it was my grenade.’

According to Lloyd, the private had failed to take the extra precaution that experienced soldiers did when they grabbed M-26 grenades from the ammo box: bend the pins, or tape them in place, so they couldn’t accidentally dislodge. This soldier had a flak jacket full of grenades with treacherously straight pins, Lloyd says. “He was a walking death trap.”

Or how about this? Max Cleland Democractic politician, who lost three limbs in the Vietnam War on 8 April 1968. It was widely believed that Cleland was injured by his own grenade, but in fact it was found in 1999 to have been another soldier’s grenade.

In fact Mighty Righty as a Vietnam vet I can attest that anybody in their right mind would not be “playing with grenades.

Uncle Jed

July 22nd, 2011
2:11 pm

“Cut, Cap and Balance” died in the Senate
++++++++++++++++++++++++++++++++

OMG, are you serious? ;-)

Paul

July 22nd, 2011
2:12 pm

Doggone/GA

The House needs to watch “Charge of the Light Brigade” before voting on any more bright ideas -

williebkind

July 22nd, 2011
2:12 pm

oldguy

July 22nd, 2011
2:07 pm

I know I know Jay Marx

oldguy

July 22nd, 2011
2:13 pm

True Paul…
But I seem to remember a “Deal” being sold to us just a few months ago they was going to save many billions on the rest of this year’s budget that ended up saving pennies!! i.s. less that a Billion (1/4 of one days new debt!!).
so Pardon if I don’t trust the details until the CBO (and others) can rate the plan.

Fred

July 22nd, 2011
2:13 pm

williebkind

July 22nd, 2011
2:14 pm

Paul

July 22nd, 2011
2:12 pm
Yeah I wish they would do it in smoke filled backrooms!

josef

July 22nd, 2011
2:14 pm

PAUL

Don’t go butterin’ me up…we know what you’re up to this weekend! :-)

Uncle Jed

July 22nd, 2011
2:15 pm

RASMUSSEN SHOCK POLL: Barack Obama 41% Ron Paul 37%… developing…

http://drudgereport.com/

Schrodinger's cat

July 22nd, 2011
2:15 pm

If we are going to up taxes on the “rich” and corporations…what about taxing endowments at universities. Harvard’s endowments are down 30% to $25 Billion…with a “B”?

Paul

July 22nd, 2011
2:20 pm

oldguy

Fair enough. I hope they learned from past mistakes -

josef

I haven’t a clue what I’m up to this weekend, besides the usual no good.

Unless you mean Jay’s gone and I’ll be debating whether or not to shut down the blog?

:-)

Uncle Jed

July 22nd, 2011
2:20 pm

Fred

July 22nd, 2011
2:13 pm
Uncle Jed:

Serious as a heart attack:
+++++++++++++++++++++

Are you positive? Failed in the Senate? OMG ;-) ;-) ;-)

Fletch

July 22nd, 2011
2:24 pm

Taxpayer – “Fletch,

What was that number you posted that is under scrutiny. Total fed income tax or what.”

It was the combined payout from earned income reported in each state that we do business in (Georgia, California, Nevada and Montana) along with property taxes on my primary home in Atlanta and the second home in Round Up, Montana.

josef

July 22nd, 2011
2:25 pm

PAUL

So, you plan to leave it open for debate this year rather than unilaterally making that decision? :-)

out of the blue

Thank you for the details there. It sounds like Cleland to pooh-pooh it with “playing with grenades.” I’ve always kind of liked his drole sense of humor…

oldguy

July 22nd, 2011
2:26 pm

Paul,
You MUST be an Optimist!! :-)
p.s. I was, in my younger days, President of one of our local Optimist Clubs!!
Experience has cured that!! I trust politicians about as far as I can throw the national mall!!
Josef,
Stay in!!! and out of the heat!! US “older” guys have no business out in this heat!

Recon (2nd.and 3rd.)

July 22nd, 2011
2:28 pm

Lets see, cut spending, initiate spending caps and balancing the budget is a bad thing. Continuing down a certain path to bankruptcy is a good thing. Reforming entitlements is a bad thing. Continuing along pretending that we do not need to reform entitlements until such time as we no longer have the money for them and can’t borrow any more money is a good thing. No wonder Democrats can’t come up with a plan.

RB from Gwinnett

July 22nd, 2011
2:30 pm

Not only did the senate kill Cut/Cap/Balance, Reid doesn’t think it’s important enough for them to work this weekend.

That’s nice Harry. If it’s not that important, why all the scare tactics?

Swede Atlanta

July 22nd, 2011
2:32 pm

RB…..The House is the chamber taking the weekend off. They see no sense of urgency. They must need to get to their NASCAR race.

stands for decibels

July 22nd, 2011
2:33 pm

Hey, thanks for the link, Jed. I had no idea where to go to find a SHOCK POLL. Really.

stands for decibels

July 22nd, 2011
2:34 pm

“Cut, Cap and Balance” died in the Senate

where’s it buried? I need to take a leak.

facts is facts

July 22nd, 2011
2:34 pm

Dave R., I could not disagree more. IF a business employs lobbysits to secure tax breaks, government subsidies; etc. from the Federal Government, it most certainly is MY business (as a taxpayer). The very fact that U.S. policy (invade/don’t invade Iraq) directly effects the cost of a barrel of oil on the open market; or Haliburton’s balance sheet makes these choices MY business. so, when John Q. Public says; “I don’t think we should invade Iraq because Iraq was not linked to 9/11, they’ve never attacked us, and the best estimate place the cost of the war at between $2 trillion and $5 trillion” and Dick Q. Cheney and the Board of Directors at Blackwater say; “… pay no attention to that taxpayer; we need to wage this war to protect our interests in the region” (growing the business as it were), how is it not my/your business? When tax revenue (from taxpayers) is transferred to the coffers of private sector businesses (military industrial complex), it most certainly IS our business. And just to show you I am not some socialist stooge; when medicaid, food stamps, Department of Education funds, etc. are transferred to Kaiser Permanente, Merck, Pfizer, McDonald’s, Coca Cola, Wal-Mart and Emory University, etc.; how is it NOT our business. I understand the backlash against the backlash, and I find nothing wrong with the anti-wealth envy crowd” but be honest, there is not “wealth envy” or “class warfare” going on; it’s the WEALTHY acquiring wealth from taxpayers. And for the record, when G.I. Joe gets paid his income is taxed; then when he uses it to buy a car, Coke, or flat screen TV; his “income” is taxed again when he pays sales tax. This idea that capital gains are sacrosanct is exactly what the plutocrats want you to believe (as if the hedge fund that owns Under Armour, Microsoft, and Coca-Cola actually cares about “growing a business” beyond how they can “game” the the stock price via a long or short position?

josef

July 22nd, 2011
2:36 pm

old guy

Had some running around to do earlier. Unmentionable called me a “mad dog going out with the Englishmen…” Yow! It was hot and muggy! Of course he’s out there under the shade tree tinkering with his fishing car…he’s finally getting into the retirement mode…

oldguy

July 22nd, 2011
2:36 pm

Out and Mighty,
What bothers me is the Bronze and Silver Stars…. for what? he was injured in a stupid accident, not a firefight with the enemy.
Now, it seems, all injuries are “Heroic”.
My father-in-law, who was an exec with an insurance agency, told me that the first military life insurance policy his company paid out was for a troop who fell off a barstool drunk in a Siagon bar and broke his neck !! I am surprised he didn’t get a metal!!

josef

July 22nd, 2011
2:39 pm

facts is facts…
Pretty much sums up the position…

Message from Matti

July 22nd, 2011
2:42 pm

oldguy,

What’s it to YOU, anyway? Is your own life so sad that you have to criticize the medals on someone else’s chest to feel better about yourself? Bless your heart.

Disgusted

July 22nd, 2011
2:44 pm

Who was irresponsible for not passing a budget in 2010? Who was in charge? Oh I remember, you could not pass a budget until you rammed ObamaCare down the American peoples’ throat. Liberals sure have a peculiar way with facts and history.

You know and I know, willie, that the reason no budget proposal was advanced was strictly polical in nature: the Republicans were just waiting for the basis for talking points for the next election. Even you felt free to whale away at Obamacare. It’s no longer a matter of two parties working together to produce a budget; rather, it’s all about influencing the results of the next election, country be damned! And if you’re honest, you’ll acknowledge that the Republicans are as focused as the Democrats on getting majorities and the presidency. Neither party gives a damn about what happens to the country otherwise.

Uncle Jed

July 22nd, 2011
2:45 pm

Hey, thanks for the link, Jed.

It was my pleasure as I always like to be helpful.
++++++++++++++++++++++++++++++++++++

Did you somehow think I tried to conceal that it was a Shock Poll. We all know their limited value; and we all know it is way early; and we all know Ron Paul has little chance; and we all know that it wouldn’t take more than a few seconds for the reaction from an Obamaite. But here you go anyway:

Obama 41%, Ron Paul 37%

…But the real story in the numbers is that the president continues to earn between 41% and 49% of the vote no matter which Republican is mentioned as a potential opponent. This suggests that the race remains a referendum on the incumbent more than anything else.

Polls conducted a year-and-a-half before an election provide a snapshot of where things are today but give little indication of what the mood might be on Election Day. If the economy substantially improves before November 2012, the president will be heavily favored to win reelection. If the opposite happens and the country endures a double-dip recession, just about any Republican challenger would be favored. If the economy stays as it is today, the race could be very competitive.

A good measure of the president’s reelection prospects is his Job Approval rating among likely voters. His final vote total is likely to be very close to his final Job Approval figures.

REALLY

http://www.rasmussenreports.com/public_content/politics/elections/election_2012/election_2012_presidential_election/obama_41_ron_paul_37

James S.

July 22nd, 2011
2:45 pm

Senate killed the bill backed by the house. And they have put forward what????
O yeah…Absolutely nothing.
What is Obama’s plan?
Same thing.
No democrat has any plan to deal with our debt on the table.Talk about a failure to lead!

The media? The media is bought and paid for, in the pocket of the democrats. They would never point out the absolute failure of Obama and the democrats. Bookman is just another liberal zombie.

Uncle Jed

July 22nd, 2011
2:47 pm

where’s it buried? I need to take a leak.
++++++++++++++++++++++++++++++++++++

In your back pocket, so you’ll need to remove your pants, Shorty. ;-) :-) ;-)

TaxPayer

July 22nd, 2011
2:48 pm

Fletch,

Thanks for the clarification.

Uncle Jed

July 22nd, 2011
2:51 pm

Swede Atlanta

July 22nd, 2011
2:32 pm
RB…..The House is the chamber taking the weekend off
++++++++++++++++++

Senator Reid thinks otherwise:
The 51-46 party-line Senate vote, and a decision by Senate Majority Leader Harry Reid, D-Nev., to cancel weekend Senate sessions,

But then who cares about details, much less facts?

josef

July 22nd, 2011
2:52 pm

I am always amused whenever somebody goes claiming the media are in the pocket of this, that or the other political persuasion, interest group or what have you. The media are in the pockets of the advertizers. Got a problem? Go talk to them. And you know what, it really does work!

Swede Atlanta

July 22nd, 2011
2:52 pm

James S

I see you don’t venture far from Faux News.

The Administration has been intensely involved in working on a solution to the debt and debt limit issue. The Vice President has been having meetings with Democratic and Republic leaders for the past several months to establish a framework for an agreement.

The Democratic leaders in those discussions have presented ideas and proposals on moving this forward. The difference with the Republics is the Democrats recognize that it does no good for the Republics to craft a bill in the House and the Democrats to craft a bill in the Senate only to know that neither will pass the other house.

It is far better to agree on a framework first, then solidify the details. It is kind of like it is good to plan first then act.

TaxPayer

July 22nd, 2011
2:52 pm

So, I take it Ron Paul will run yet again for president. If he could just drum up enough votes to make it almost half way through the first wave of the primaries just once…

williebkind

July 22nd, 2011
2:53 pm

I often wonder someone who votes for a progressive liberal and calls themselves INDEPENDENT! I definitely need to take a political science class just to see how firm is the liberal control of education.

Swede Atlanta

July 22nd, 2011
2:56 pm

Uncle Jed,

The House had already announced yesterday they were heading home to their NASCAR races, gun shows and snake dancing. So I completely agree with Reid it makes no sense for the Senate to be in session either.

Facts are facts.

stands for decibels

July 22nd, 2011
2:56 pm

No democrat has any plan to deal with our debt on the table.

None? I guess 80 is the new “none.”

oldguy

July 22nd, 2011
2:57 pm

Josef,
About everyone’s a hero philosophy…
I don’t know if you have read much WW1 history but, to me, one of the best is Col(Gen) Max Hoffmann, a German General staff officer who was an excellent observer and writer. His comment early in the August 1914 German drive into France was classic, Apparently the German Crown prince was visiting hospitals with a bucket of Iron Crosses passing them out to all there…..His comment ” Apparently the only way to avoid one whuld be to shoot yourself!”
One wonders now when any wound is “Heroic”.
I twisted a Knee when on MP duty in Siagon in 1968 (stepped off a curb wrong)….should I get a metal??

josef

July 22nd, 2011
2:57 pm

PAUL

Say, you’re in Texas. How firm IS “the liberal control of education?”

TaxPayer

July 22nd, 2011
2:57 pm

Or, as an independent might actually say:

I often wonder someone who votes for a progressive liberal or extreme right wing conservativeand calls themselves INDEPENDENT! I definitely need to take a political science class just to see how firm is the liberal / conservative control of education.

Jack

July 22nd, 2011
2:58 pm

If Chambliss is on the GOP ballot at his re-election bid, I’ll vote for him. There’s no Democrat on any ballot that I’d vote for.

stands for decibels

July 22nd, 2011
2:58 pm

also, this.

http://digbysblog.blogspot.com/2011/07/shared-sacrifice-village-style.html

I’d laugh if it wasn’t so tragic. Raising the eligibility age or changing the COLA are humongous changes that shouldn’t even be contemplated in this context since Social Security’s shortfall isn’t even projected to happen for another 35 years and it contributes nothing to the deficit. And the idea that this would be “balanced” by ending some perks for corporate jets is so bizarre that I’d think it was part of a Stephen Colbert satire if I didn’t know better.

But this is where the Village stands today: the “reasonable” position is to accept huge cuts in discretionary spending and Social Security in exchange for some symbolic nothingness on the part of the wealthy and call it “shared sacrifice.” And needless to say, we should be prepared for many more cuts to the “entitlements’ down the road since this was the “easy” stuff. We are all the way down the rabbit hole now and somebody’s throwing dirt on top of us.

Mighty Righty

July 22nd, 2011
2:59 pm

Swede Atlanta

July 22nd, 2011
2:52 pm

So after months of discussions including Biden and Obama you can’t point to a single idea they have suggested except to raise taxes. Right?

josef

July 22nd, 2011
3:02 pm

old guy

My brother would probably get pissed if he knew I was doing this, he’s the modest sort. He got two purple hearts…one, which did come with some other medals, too, he could be testosterone hero proud of if he so chose…the other, though, is the one he might, just might, tell you how he got it…’course he would have to be drinking a few and among trusted peers… :-)

Uncle Jed

July 22nd, 2011
3:04 pm

Uncle Jed,

The House had already announced yesterday they were heading home to their NASCAR races, gun shows and snake dancing. So I completely agree with Reid it makes no sense for the Senate to be in session either.

Facts are facts.
+++++++++++++++++
Fair enough. Let’s agree that both houses are taking off in the interest of full disclosure. We are all probably in better hands when they leave town and only the security guard and janitor stay behind.

+++++++++++++++++++++++++++++++++++

Return of Mass Layoffs a Grim Sign for U.S. Workers

Putting pressure on an already lousy job market, the mass layoff is making a comeback. In the past week, Cisco, Lockheed Martin and Borders announced a combined 23,000 in job cuts. (See: Another Retailer Bites the Dust: Borders Doomed by Amazon Deal, Davidowitz Says)

Those announcements follow 41,432 in planned cuts in June, up 11.6% from May and 5.3% vs. a year earlier, according to Challenger, Gray & Christmas.

Meanwhile, state and local governments have cut 142,000 jobs this year, The WSJ reports, and Wall Street is braced for another round of cutbacks. This week, Goldman Sachs announced plans to let go 1000 fixed-income traders.

If these trends continue, we may soon be talking about losses in the monthly employment data — not just disappointing growth, says Howard Davidowitz, CEO of Davidowitz & Associates

“Everything in business is confidence,” Davidowitz says. “You lose confidence and businesses can’t deal with that [and] who could have confidence with what’s going on in Washington?”

Davidowitz is bipartisan in his criticism, calling the U.S. political system “dysfunctional and deranged.”
http://finance.yahoo.com/blogs/daily-ticker/return-mass-layoffs-grim-sign-u-workers-190228219.html

josef

July 22nd, 2011
3:04 pm

JACK

Yeah. I understand that. I wouldn’t vote for a GOP for anything, myself. It’d bring the gray ghost of Granny from the grave howling about her progeny voting for the Party of Diocletian of the Potomac… :-)

Jefferson

July 22nd, 2011
3:06 pm

Without SS the county’s retired would be in a world of hurt. Does the GOP like a world of hurt?

WOODSTOCK MIKE

July 22nd, 2011
3:10 pm

“Without SS the county’s retired would be in a world of hurt. Does the GOP like a world of hurt?”

Does the GOP want to eliminate SS? Uhhhhhh, NO. However, anyone with a clue can recognize that SS is on an unsustainable path. So, what’s your suggestion, just keep on digging the hole deeper and deeper and deeper??

Swede Atlanta

July 22nd, 2011
3:10 pm

Mighty Righty

I have not been in those meetings. Have you ever been involved in delicate negotiations before? Probably not. You do not publicize the contents of your discussions until there is something to disclose.

What is the basis for your statement that the only suggestion is to raise taxes? The President, as far back as the State of the Union, has acknowledged that cuts were needed. No Democrat to my knowledge has refused to acknowledge the need to cut spending. There may be questions about whether right now is a good time to do that or not but not that they aren’t needed.

But the protectors of the rich have only one mantra, cut, cut, cut. They don’t care who they harm or the long-term consequences. But they refuse categorically to ask the wealthy to share in the sacrifice.

So it is the Republics who know only one tune.

oldguy

July 22nd, 2011
3:14 pm

Josef,
No problem with Purple hearts, there is a reason for them. Its just the Gallantry metals that bother me.
p.s. Tell Jay (and others) Fish are smart! They go to the deepest part of the lake in weather like now and they don’t eat any more than they have to to live. Wait for the fall and cooler weather to fish!!

WOODSTOCK MIKE

July 22nd, 2011
3:15 pm

“But the protectors of the rich have only one mantra, cut, cut, cut. They don’t care who they harm or the long-term consequences. But they refuse categorically to ask the wealthy to share in the sacrifice.”

The top 10 percent: Americans who earned at least $113,018 paid 71.2 percent of the nation’s income taxes, up from 70.8 percent a year earlier.

I guess you don’t consider this sharing…

Jefferson

July 22nd, 2011
3:15 pm

SS – raise the rates (Pres Reagan did, it was the right thing) on both side. Eliminate the cap. If the money is loaned to the general fund, interest should be paid just like on bonds the Chinamen hold. Cut some of the fraud.

Jefferson

July 22nd, 2011
3:20 pm

WM they had plenty left to live on; they could afford the taxes. They are optional, don’t make so much income and you don’t have to pay so much federal income tax.

josef

July 22nd, 2011
3:21 pm

IT”S FRIDAY….gone upstairs…

Thulsa Doom

July 22nd, 2011
3:22 pm

Swede Atlanta thinks that the rich don’t pay their fair share. The top 1% pay something like 38% of all taxes and the top 5% pay something like 50% of the total tax burden and as Woodstock Mike points out the top 10% pay 71% of all the taxes. Where do people like this come from?- Mars?

TaxPayer

July 22nd, 2011
3:30 pm

The Social Security Trust Fund holds 2.67 trillion of that 14 trillion of US debt.

WOODSTOCK MIKE

July 22nd, 2011
3:32 pm

“don’t make so much income and you don’t have to pay so much federal income tax.”

I pray that this kind of attitude doesn’t spread throughout the United States of America, if it does we are in for some rough decades ahead…

Thulsa Doom

July 22nd, 2011
3:35 pm

Woodstock Mike,

That is indeed a sad, pathetic statement. I feel sorry for a person that thinks that way. Its pathetic and I don’t know that I’ve ever seen such a loser statement. Only a liberal or a Dem could make a statement like that.

Libertarian

July 22nd, 2011
3:36 pm

“Where do people like this come from?- Mars?”

Sweden, maybe?

WOODSTOCK MIKE

July 22nd, 2011
3:36 pm

“they had plenty left to live on; they could afford the taxes”

Now this truly is the Democrat mantra, telling people what’s enough for them to live on, don’t let them decide for themselves…

All the while these politicians are flying private jets, eating $1000 dinners, traveling the world, enjoying the finest things in life…

Yeah, I don’t think I want them telling me what’s good enough for me, thanks anyway…

WOODSTOCK MIKE

July 22nd, 2011
3:37 pm

Thulsa we are on the same page indeed…

Libertarian

July 22nd, 2011
3:37 pm

Woodstock and Thulsa

I can’t wrap my head around how someone could think that way. (As Jefferson @ 3:20)

Thulsa Doom

July 22nd, 2011
3:39 pm

“they had plenty to live on so they could afford the taxes”

Always interesting to see the justification for using the coercive power of govt to forcibly take from one group and give to another. Nothing more than theft via the vote.

Thulsa Doom

July 22nd, 2011
3:40 pm

Libertarian, Scary aint it.

Jefferson

July 22nd, 2011
4:21 pm

Nobody said any of that crap you boys are spewing. I don’t care how much you make, you live on what is left. People who make 50k can afford their taxes, that is how the system works. What a bunch of insecure people. Nobody is telling anybody anything, this is reality. Hope you find what you are looking for.

Mary Elizabeth

July 22nd, 2011
8:15 pm

Headline on MSNBC at 7:30 with David Gregory, moderator of “Meet the Press”: “Debt Talks Break Down After Boehner Withdraws”

About 6:30 p.m. President Obama said in his news conference that the middle and working class know that they have not been treated fairly over the last years and that they need to know that someone is looking after their interests instead of political interests (paraphrased). Speaker Boehner said in his news conference about 7:15 p.m. that an additional 400 billion in revenue was asked over the next 10 years, and he said he was not willing to take that money from the “job creators” in greater taxes.

Eventually, the American people are going to have to see that this battle is an ideological battle over the direction that our nation will move in the next decades relative to the role of government. One can understand why Republicans are holding so firm at this time, when one recognizes that this present debt ceiling crisis, for them, is the culmination of a 30 year ideological impetus for smaller government.

Middle and working class people are going to have to look boldly at who is truly looking after their interests and who is looking after the interests of the powerful and extremely wealthy. They are also going to have to decide if they want safety nets through our government or not.

I support those safety nets not only for pragmatic reasons for the majority of Americans, but also because the presence of those safety nets give testimony to the fact that American values continue to lean toward the humane.

Z

July 23rd, 2011
11:42 pm

At least Chambliss was smart enough to not be in Michelle Bachmanns Tea Party Terrorist Caucus. You can’t say the same for these 4 fools..Paul Broun, Phil Gingrey, Tom Price and last but not least Lynn Westmorland. Why don’t we all give these 4 a call, e-mail, snail mail and thank them for helping to ruin the worlds economy!