On Feb 8, 12:00 pm, David Johnston <
Da...@block.net> wrote:
> On 2/8/2012 9:25 AM, theget wrote:
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> > On Feb 7, 9:10 pm, David Johnston<
Da...@block.net> wrote:
> >> On 2/7/2012 4:10 PM, theget wrote:
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> >>>>> But that's ok. Buffet says it's not fair.
> >>>>>
http://abcnews.go.com/blogs/business/2012/01/warren-buffett-and-his-s...
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> >>>>> How about we all pay less? I think that would be fair.
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> >>>> Also catastrophic.
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> >>> Let's spend less too.
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> >> Not actually possible without more money.
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> > Sounds like global warming makes for colder weather. Possible, but
> > needs more explanation please.
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> At the moment the three major financial burdens are military
> expenditures, "social safety net" and actual debt servicing.
Are you including Obamacare in the SSN or is that a fourth major
burden to be added?
> Remove the
> social safety net and you need to increase military expenditures to
> suppress the masses, at least until they get too weak from starvation to
> cause trouble.
Maybe it would be better to run an economy where a "SSN" isn't
required. Or not so much of it.
To me the SSN seems self perpetuating. At least if I buy lefty
arguments about a lack of upward and downward social mobility. Spend
more on people who are encouraged to not find a means to support
themselves and they'll do what people do, and keep looking for that
hand out.
Besides which, are we counting things like Solyndra in our major
financial burdens?
http://www.nytimes.com/2011/10/15/us/politics/house-panel-examines-solyndras-restructuring.html
> No party is going to agree to more than a modest
> reduction in the military. There are other places where services can be
> (and are being) reduced or withdrawn but in the end the debt will have
> to be paid down
I think the idea that the debt has to be paid down is wishful
thinking. There is nothing that has to happen.
> to some extent once the real estate market hits bottom.
But Hopey McChange just asked for more money to give to people who are
below water. Right? I think I heard that. So when will it hit
bottom? Nah. We've got plenty of time to rack up a debt that amounts
to real money. Forget the piddling, well what is it? Fourteen
trillion dollars we owe now. Or is that just the principle? I keep
forgetting. Not that I can afford to pay anyway.
> That will take more money.
More money? From where? Is Germany going to bail us out too?
BTW, since we're at it, I'd like to know. What's your definition of
money?