Comments on: The Myth of Fiscal Conservatism http://www.dvorak.org/blog/2009/02/28/the-myth-of-fiscal-conservatism/ General interest observations and true web-log. Sun, 12 Feb 2012 16:59:50 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Immediate Fixed Annuities http://www.dvorak.org/blog/2009/02/28/the-myth-of-fiscal-conservatism/comment-page-4/#comment-1495801 Immediate Fixed Annuities Tue, 03 Mar 2009 10:16:26 +0000 http://www.dvorak.org/blog/?p=41774#comment-1495801 I feel your blog really useful and inspiring me. Thank you. Thanks for sharing information and i appreciate it.Looking for more discussion and waiting for new topics here. I feel your blog really useful and inspiring me. Thank you.
Thanks for sharing information and i appreciate it.Looking for more discussion and waiting for new topics here.

]]> By: Fixed Annuity Rate http://www.dvorak.org/blog/2009/02/28/the-myth-of-fiscal-conservatism/comment-page-4/#comment-1495230 Fixed Annuity Rate Mon, 02 Mar 2009 11:33:14 +0000 http://www.dvorak.org/blog/?p=41774#comment-1495230 Hello friend, I read this article. Hello friend, I read this article.

]]> By: Paddy-O http://www.dvorak.org/blog/2009/02/28/the-myth-of-fiscal-conservatism/comment-page-4/#comment-1494971 Paddy-O Sun, 01 Mar 2009 22:04:53 +0000 http://www.dvorak.org/blog/?p=41774#comment-1494971 # 76 ECA said, "If you look at inflation.. It started 10-15 years ago.." No. Inflation actually started exploding between '72-'74. Reason? Injection of currency that is running WAY ahead of year to year change in actual GNP. # 76 ECA said, “If you look at inflation..
It started 10-15 years ago..”

No. Inflation actually started exploding between ’72-’74.

Reason? Injection of currency that is running WAY ahead of year to year change in actual GNP.

]]> By: ECA http://www.dvorak.org/blog/2009/02/28/the-myth-of-fiscal-conservatism/comment-page-4/#comment-1494967 ECA Sun, 01 Mar 2009 21:56:09 +0000 http://www.dvorak.org/blog/?p=41774#comment-1494967 If you look at inflation.. It started 10-15 years ago.. SLOWLY prices started going up. About 9 years ago, it started going faster. 3 years ago hit started RUNNING faster. Find a reason for the inflation?? 1. wage increase's for the bottom wage earners. 2. Wage increase's for the TOP. And its funny. as the bottom gets a 10% increase, the TOP wants at LEAST 10% more.. except that $0.50 increase on the bottom, IS NOT EQUAL to $100,000-$1,000,000 increase at the top. If you look at inflation..
It started 10-15 years ago..
SLOWLY prices started going up.
About 9 years ago, it started going faster.
3 years ago hit started RUNNING faster.

Find a reason for the inflation??
1. wage increase’s for the bottom wage earners.
2. Wage increase’s for the TOP.
And its funny. as the bottom gets a 10% increase, the TOP wants at LEAST 10% more.. except that $0.50 increase on the bottom, IS NOT EQUAL to $100,000-$1,000,000 increase at the top.

]]> By: MikeN http://www.dvorak.org/blog/2009/02/28/the-myth-of-fiscal-conservatism/comment-page-4/#comment-1494960 MikeN Sun, 01 Mar 2009 21:45:05 +0000 http://www.dvorak.org/blog/?p=41774#comment-1494960 Eight years of George W Bush's deficits, various disingenuous Republicans kept saying they were forced into it by Democrats, didn't want the ads about draconian budget cuts and no services for the poor, and that it would be so much worse with the Dems in charge. Any look at the charts showed that this was bogus. Republican Congress spent less with a Democrat President, and it was even less with a Democrat President and a Democratic Congress. Now we see that the current Democratic Congres and Democratic President will in fact equal George Bush's 8 year total deficit in 20 months. Eight years of George W Bush’s deficits, various disingenuous Republicans kept saying they were forced into it by Democrats, didn’t want the ads about draconian budget cuts and no services for the poor, and that it would be so much worse with the Dems in charge. Any look at the charts showed that this was bogus. Republican Congress spent less with a Democrat President, and it was even less with a Democrat President and a Democratic Congress.

Now we see that the current Democratic Congres and Democratic President will in fact equal George Bush’s 8 year total deficit in 20 months.

]]> By: Alfred1 http://www.dvorak.org/blog/2009/02/28/the-myth-of-fiscal-conservatism/comment-page-4/#comment-1494897 Alfred1 Sun, 01 Mar 2009 17:25:28 +0000 http://www.dvorak.org/blog/?p=41774#comment-1494897 One of Obama's first acts was to stop any drilling for gas in Utah...no doubt he will stop any off shore drilling also...or make it so hard its effectively prevented... $5.00+ a gallon is coming, once demand for gas picks up, and you can thank Obama, he (and his fellow loons) caused it. Liberals are so hurtful to the community...liberal policies so damaging...its a wonder they ever get elected. One can only credit our school system, which has everyone thinking with their feelings, rather than reasoning critically upon facts... One of Obama’s first acts was to stop any drilling for gas in Utah…no doubt he will stop any off shore drilling also…or make it so hard its effectively prevented…

$5.00+ a gallon is coming, once demand for gas picks up, and you can thank Obama, he (and his fellow loons) caused it.

Liberals are so hurtful to the community…liberal policies so damaging…its a wonder they ever get elected.

One can only credit our school system, which has everyone thinking with their feelings, rather than reasoning critically upon facts…

]]> By: Paddy-O http://www.dvorak.org/blog/2009/02/28/the-myth-of-fiscal-conservatism/comment-page-4/#comment-1494843 Paddy-O Sun, 01 Mar 2009 15:18:56 +0000 http://www.dvorak.org/blog/?p=41774#comment-1494843 New O'mama broad based energy tax is going hit every American. What happened to no new taxes on those making less $150k, or $100k or $70k or, or, or? New O’mama broad based energy tax is going hit every American. What happened to no new taxes on those making less $150k, or $100k or $70k or, or, or?

]]> By: bobbo http://www.dvorak.org/blog/2009/02/28/the-myth-of-fiscal-conservatism/comment-page-4/#comment-1494835 bobbo Sun, 01 Mar 2009 15:08:36 +0000 http://www.dvorak.org/blog/?p=41774#comment-1494835 therefore everyone should pay tax, rich or poor, via a “fair tax.” //// hah, hah. therefore everyone should pay tax, rich or poor, via a “fair tax.” //// hah, hah.

]]> By: Alfred1 http://www.dvorak.org/blog/2009/02/28/the-myth-of-fiscal-conservatism/comment-page-4/#comment-1494830 Alfred1 Sun, 01 Mar 2009 14:42:04 +0000 http://www.dvorak.org/blog/?p=41774#comment-1494830 Also the graph doesn't go back to the start of the debt...Democrats controlled both houses of Congress most of those years...and the constitution puts the budget in their hands... But we (the electorate) are the real culprit, we allowed the change to our constitution for an income tax...which resulted in a corruption of congress as they extort protection money via the tax code... Everyone in America benefits from being in America, therefore everyone should pay tax, rich or poor, via a "fair tax." Check it out...expanding the tax base is how we regain control of our government, and pay of the deficit. Also the graph doesn’t go back to the start of the debt…Democrats controlled both houses of Congress most of those years…and the constitution puts the budget in their hands…

But we (the electorate) are the real culprit, we allowed the change to our constitution for an income tax…which resulted in a corruption of congress as they extort protection money via the tax code…

Everyone in America benefits from being in America, therefore everyone should pay tax, rich or poor, via a “fair tax.”

Check it out…expanding the tax base is how we regain control of our government, and pay of the deficit.

]]> By: LibertyLover http://www.dvorak.org/blog/2009/02/28/the-myth-of-fiscal-conservatism/comment-page-4/#comment-1494820 LibertyLover Sun, 01 Mar 2009 13:19:45 +0000 http://www.dvorak.org/blog/?p=41774#comment-1494820 #69, Why did you look for another job once you were on unemployment? And note: I don't consider unemployment insurance to be in the same boat as welfare. #69, Why did you look for another job once you were on unemployment?

And note: I don’t consider unemployment insurance to be in the same boat as welfare.

]]> By: Uncle Patso http://www.dvorak.org/blog/2009/02/28/the-myth-of-fiscal-conservatism/comment-page-4/#comment-1494809 Uncle Patso Sun, 01 Mar 2009 10:58:23 +0000 http://www.dvorak.org/blog/?p=41774#comment-1494809 # 41 bobbo said, in part: "QB--deflation? Usually that refers to the economy at large meaning things are getting cheaper, everything I buy is more expensive than a year ago except for gas and computer parts? The value of our money is deflating meaning we have to pay more dollars for the same thing." Yes, some things are still going up in price, but the biggest things -- houses, companies (stock) -- are falling in price. This is kind of an anomalous situation, but nevertheless real. We are having inflation and deflation at the same time. I hate inflation, especially when it's intentional. It steals from me; my purchasing power is lessened. But people who owe a lot love inflation as it decreases their debt. They HATE deflation, as it means they will have to pay back more. This is part of the reason for the credit crunch: too many people whose houses are "under water" (debt now greater than the market value of their house) just walking away kills the lenders. They're afraid to lend more now, in case deflation continues and too many people just walk away, default, go into bankruptcy, whatever. Deflation is real. - - - - - # 63 LibertyLover (who must be a true Ayn Rand fan) said, in part: "Show me anyone on welfare who has done anything other than be a drain on society." Once, after working at the same place for eleven years (the best job in my whole life), I was forced out. I received unemployment benefits, which allowed me to keep my apartment and not have to live on the streets. When I got a job that started in three weeks, they sent me all three weeks' worth of benefits at once, which allowed me to take a bus to California and pick up the car my brother was giving me (which he got from our mother) so I could drive to work. Then I worked at that place for four or five years. So, 15 to 16 years of productive, tax-paying, unemployment insurance-paying work, with some two or three months of "welfare" in between. This is about average for recipients of welfare. All the social workers say so. # 41 bobbo said, in part:

“QB–deflation? Usually that refers to the economy at large meaning things are getting cheaper, everything I buy is more expensive than a year ago except for gas and computer parts? The value of our money is deflating meaning we have to pay more dollars for the same thing.”

Yes, some things are still going up in price, but the biggest things — houses, companies (stock) — are falling in price. This is kind of an anomalous situation, but nevertheless real. We are having inflation and deflation at the same time.

I hate inflation, especially when it’s intentional. It steals from me; my purchasing power is lessened. But people who owe a lot love inflation as it decreases their debt. They HATE deflation, as it means they will have to pay back more. This is part of the reason for the credit crunch: too many people whose houses are “under water” (debt now greater than the market value of their house) just walking away kills the lenders. They’re afraid to lend more now, in case deflation continues and too many people just walk away, default, go into bankruptcy, whatever.

Deflation is real.

- – - – -

# 63 LibertyLover (who must be a true Ayn Rand fan) said, in part:

“Show me anyone on welfare who has done anything other than be a drain on society.”

Once, after working at the same place for eleven years (the best job in my whole life), I was forced out. I received unemployment benefits, which allowed me to keep my apartment and not have to live on the streets. When I got a job that started in three weeks, they sent me all three weeks’ worth of benefits at once, which allowed me to take a bus to California and pick up the car my brother was giving me (which he got from our mother) so I could drive to work. Then I worked at that place for four or five years.

So, 15 to 16 years of productive, tax-paying, unemployment insurance-paying work, with some two or three months of “welfare” in between. This is about average for recipients of welfare. All the social workers say so.

]]> By: MikeN http://www.dvorak.org/blog/2009/02/28/the-myth-of-fiscal-conservatism/comment-page-4/#comment-1494802 MikeN Sun, 01 Mar 2009 09:38:47 +0000 http://www.dvorak.org/blog/?p=41774#comment-1494802 >It is barter based on gold with paper money being a lighter symbol. What? A barter system is ... with money... is a contradiction. >It is barter based on gold with paper money being a lighter symbol.

What? A barter system is … with money…
is a contradiction.

]]> By: MikeN http://www.dvorak.org/blog/2009/02/28/the-myth-of-fiscal-conservatism/comment-page-4/#comment-1494782 MikeN Sun, 01 Mar 2009 07:11:24 +0000 http://www.dvorak.org/blog/?p=41774#comment-1494782 >the short-term we can all agree would be massive bank falures, massive increase in inflation and massive unemployment. No we don't all agree on this. A gold standard serves to reduce inflation, not increase it. You get more inflation without a gold standard since it makes it easier for the government to print more money. >the short-term we can all agree would be massive bank falures, massive increase in inflation and massive unemployment.

No we don’t all agree on this.
A gold standard serves to reduce inflation, not increase it. You get more inflation without a gold standard since it makes it easier for the government to print more money.

]]> By: ECA http://www.dvorak.org/blog/2009/02/28/the-myth-of-fiscal-conservatism/comment-page-4/#comment-1494741 ECA Sun, 01 Mar 2009 05:08:08 +0000 http://www.dvorak.org/blog/?p=41774#comment-1494741 65, 2 points to make here... 1. if you look at the tax for everyone, its ALMOST a FLAT TAX ALREADY, or was.. 2. IF you look, there are WAYS around the tax, and the RICH use many of them.. One is to NOT TAKE a salary, but let the company PAY for your expenses.. WHICH makes it a write off to the corp, and NO TAX to the person(s).. Another is to create a SUB company that receives money from the corp. THAT is a tax write off to the CORP, and the company shows expenses, and NO PROFIT...which makes ALMOST everything a write off. A couple of these NO PROFIT companies can make you good money.. See, the IRS hasnt done a remarkable thing.. an Inter-relative system to TRACK costs and payments to ALL legit companies and corps. it makes it EASY to hide money.. 65,
2 points to make here…
1. if you look at the tax for everyone, its ALMOST a FLAT TAX ALREADY, or was..
2. IF you look, there are WAYS around the tax, and the RICH use many of them..
One is to NOT TAKE a salary, but let the company PAY for your expenses.. WHICH makes it a write off to the corp, and NO TAX to the person(s)..
Another is to create a SUB company that receives money from the corp. THAT is a tax write off to the CORP, and the company shows expenses, and NO PROFIT…which makes ALMOST everything a write off. A couple of these NO PROFIT companies can make you good money..

See, the IRS hasnt done a remarkable thing..
an Inter-relative system to TRACK costs and payments to ALL legit companies and corps. it makes it EASY to hide money..

]]> By: Alfred1 http://www.dvorak.org/blog/2009/02/28/the-myth-of-fiscal-conservatism/comment-page-4/#comment-1494718 Alfred1 Sun, 01 Mar 2009 02:41:38 +0000 http://www.dvorak.org/blog/?p=41774#comment-1494718 Obviously its time for the fair tax, the rich simply cannot pay all the cost themselves. Especially now that there are fewer of them. As for the premise "two wrongs make a right," that's absurd... Even if we accept deficits seem to be the norm, only a few years were in suplus, it doesn't follow Obama can spend more in his first year than Bush did in eight. Obviously its time for the fair tax, the rich simply cannot pay all the cost themselves.

Especially now that there are fewer of them.

As for the premise “two wrongs make a right,” that’s absurd…

Even if we accept deficits seem to be the norm, only a few years were in suplus, it doesn’t follow Obama can spend more in his first year than Bush did in eight.

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