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Tilted Cat Head
Administrator
Location: Manhattan, NY
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Quote:
Originally Posted by shakran
I don't understand why it's been ok for W to spend without taxing, driving the country into debt (and mandatory bankruptcy were it anything BUT the federal government), and yet now that everything has been broken almost beyond repair by W and his predecessors, it's wrong to try to fix it.
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It wasn't okay. It still isn't okay.
Thomas Jefferson said it best (Sept 6, 1789):
"Then I say the earth belongs to each generation during its course, fully and in its own right. The second generation receives it clear of the debts and encumbrances, the third of the second, and so on. For if the first could charge it with a debt, then the earth would belong to the dead and not to the living generation. Then, no generation can contract debts greater than may be paid during the course of its own existence."
Quote:
Originally Posted by samcol
It's not ok, and that's my biggest complaint about the majority of the people who go to these tea parties. However, the government isn't issueing a fix they are solving the debt problem with more debt. They are taking people's hard earned money and handing it out to huge corporations and bankers with no oversight.
The notion of spending money that wasn't taxed is rather absurd. We are taxed for whatever the government spends regardless if it's directly or indiretly. We pay the inflation tax everytime the government runs up the debt and the value of the dollar drops. That hurts a lot and people don't mention that.
So whether or not its on the books as a tax isn't really an issue. We pay anyway. This inflation tax hits the middle and lower class the hardest who are the very people the government claims to be helping by spending all this money.
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Inflation tax? I'm not understanding what that means. Are you referring to the increased costs of goods and services?
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I don't care if you are black, white, purple, green, Chinese, Japanese, Korean, hippie, cop, bum, admin, user, English, Irish, French, Catholic, Protestant, Jewish, Buddhist, Muslim, indian, cowboy, tall, short, fat, skinny, emo, punk, mod, rocker, straight, gay, lesbian, jock, nerd, geek, Democrat, Republican, Libertarian, Independent, driver, pedestrian, or bicyclist, either you're an asshole or you're not.
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