Thread: Obama: "Nothing can be off-limits" in budget

The document that I attached makes it very easy to understand where income is derived from at the different income levels. the 1st and 2nd income quintiles derive 12-35% of the annual income from direct cash transfers from the government. this is what happens when wages are low and stagnant in a consumption based economy.

Coats is an idiot/politician and straight up idealouge, he knows nothing about economics. the US does have a tax problem. taxes on the top wage earners and US corps have decreased to record lows while inflation has a cumulative effect. good look paying the bills with that model.

How about we take back the financial bailout money from Goldman Sachs Group Inc., Morgan Stanley, J.P. Morgan Chase & Co., Bank of America Corp. (including Merrill Lynch), Citigroup Inc., Wells Fargo & Co., Bank of New York Mellon and State Street Corp.

So, nothing's off limits? Including the fiscally draining illegals?

Highly doubtful.

Originally Posted by DOMS

So, nothing's off limits? Including the fiscally draining illegals?

Highly doubtful.

nothing substantially will ever be done this has all been planned and foreseen when the US economic model changed from keynsianism to neo-liberalism in the US during the 70's. the Border Industrialization Program (BIP) was started in Mexico during the mid 60's.

illegal immigration benefits the neo-liberal economic model by helping to drive wages down in the labor sector and helping to increase deficits in government. deficits are further increased by stagnant wages and the decrease of taxes on capital and corporations. the tax cuts enacted by Bush were designed to cause deficits that would lead to a reduction in entitlements.

The ideology of neoliberalism is the worship of the “market” and subordination of all other economic actors to its demands, including government and individuals. government is the only thing in-between the labor force and corporations, reduce the size of government and the corporations have maximum power over labor.

Originally Posted by LAM

nothing substantially will ever be done this has all been planned and foreseen when the US economic model changed from keynsianism to neo-liberalism in the US during the 70's. the Border Industrialization Program (BIP) was started in Mexico during the mid 60's.

illegal immigration benefits the neo-liberal economic model by helping to drive wages down in the labor sector and helping to increase deficits in government. deficits are further increased by stagnant wages and the decrease of taxes on capital and corporations. the tax cuts enacted by Bush were designed to cause deficits that would lead to a reduction in entitlements.

The ideology of neoliberalism is the worship of the “market” and subordination of all other economic actors to its demands, including government and individuals. government is the only thing in-between the labor force and corporations, reduce the size of government and the corporations have maximum power over labor.

So yeah, a big "No" from Obama then...

Originally Posted by DOMS

So yeah, a big "No" from Obama then...

nope...nor the next POTUS or any in the future, the shit is going to hit the fan soon.

your a smart guy DOMS you should spend some time to reading up on the neo-liberal economic model, it goes far beyond the standard "supply-side" economic rhetoric. it explains it exactly why our government functions how it does, why our education system in the US is the way it is and why wages at the bottom have decreased since 1980 once adjusted for inflation but increased at the top several hundred percent after adjusting for inflation.

the US is ground-zero of neo-liberal economics, it's why the IMF is located here as a result of the Brentt Woods agreement in '45 after WWII ended.

speaking about the IMF, some details of an FSB report were leaked regarding the former IMF Chief Dominique Strauss-Kahn on the web. it stated that rouge CIA agents informed Kahn that all of the gold in Fort Knox is either missing and/or unaccounted for when the US failed to make timely gold payments to the IMF the other month. Kahn then attempted to flee the US but was apprehended at JFK trying to get back to France and arrested on trumped up charges of rape.

supposedly there was also a complete news blackout ordered by Obama in relation to a near catastrophic meltdown at the Fort Calhoun Nuclear in Nebraska the last week in June.

Originally Posted by LAM

nope...nor the next POTUS or any in the future, the shit is going to hit the fan soon.

your a smart guy DOMS you should spend some time to reading up on the neo-liberal economic model, it goes far beyond the standard "supply-side" economic rhetoric. it explains it exactly why our government functions how it does, why our education system in the US is the way it is and why wages at the bottom have decreased since 1980 once adjusted for inflation but increased at the top several hundred percent after adjusting for inflation.

the US is ground-zero of neo-liberal economics, it's why the IMF is located here as a result of the Brentt Woods agreement in '45 after WWII ended.

I have no illusions about the US economy--or that of the world, really.

I think it was you that posted a thread about Greece a week or two ago detailing how they're just a house of cards, too. The current head of the EU said a much.

You know what the current bailouts inside and outside the US are? It's like being in a boat that's taking on water and using a pail to scoop up water from one end and throw it to the other.

This ship is going down.

However, the US isn't the only one going down. When the US goes down, the rest of the world will, too. Those countries that are less sustaining (able to produce their own food, oil, raw materials, and finished goods) will get hit the hardest.

Originally Posted by LAM

speaking about the IMF, some details of an FSB report were leaked regarding the former IMF Chief Dominique Strauss-Kahn on the web. it stated that rouge CIA agents informed Kahn that all of the gold in Fort Knox is either missing and/or unaccounted for when the US failed to make timely gold payments to the IMF the other month. Kahn then attempted to flee the US but was apprehended at JFK trying to get back to France and arrested on trumped up charges of rape.

That's what they did the Wikileaks guy. They tried to trump him on on rape charges. He was cleared of the charges. They're trying again.

Originally Posted by LAM

supposedly there was also a complete news blackout ordered by Obama in relation to a near catastrophic meltdown at the Fort Calhoun Nuclear in Nebraska the last week in June.

I haven't heard squat about that. Not a peep.

Does anyone else always see OSAMA or think of OSAMA every time you see the name OBAMA?

Originally Posted by AKIRA

Does anyone else always see OSAMA or think of OSAMA every time you see the name OBAMA?

That never happens...

I disagree about cutting funding for students. I think the 'industrial education complex' (as someone here so aptly called it) is already an over stimulated industry. They're(students) already being piped through at such a rate that many degrees end up being totally useless. Graduating more kids works like printing more money does.

Originally Posted by min0 lee

President Obama lashes out at Republicans: Raise taxes for the rich, don't services for middle class

....Obama acknowledged that tough choices would be required as the budget deadline approached - and drew a stark contrast between the alleged priorities of the two parties.

Isn't this the same old line that I've been hearing for years and years?

Both parties have been kicking the can down the road for decades.

The gig is up soon.

They are still kicking the can, but they, and everyone else knows, that the point is near.

One thought about the illegals. I don't really understand how they put so much strain on the economy. Are they just crowding our Emergency rooms and public assistance offices? Last time i was in the ER there were nothing but a bunch of over-weight paranoid people with high blood pressure. What I know of them is that they work shitty jobs, buy stuff (which would help the economy right), and for the most part, lay low (since they are here illegally and all). Most of the Mexican immigrants I know take pride in providing for their families and look down on receiving public assistance.

What am I missing?

Originally Posted by Gissurjon

One thought about the illegals. I don't really understand how they put so much strain on the economy. Are they just crowding our Emergency rooms and public assistance offices? Last time i was in the ER there were nothing but a bunch of over-weight paranoid people with high blood pressure. What I know of them is that they work shitty jobs, buy stuff (which would help the economy right), and for the most part, lay low (since they are here illegally and all). Most of the Mexican immigrants I know take pride in providing for their families and look down on receiving public assistance.

What am I missing?

What state do you live in?

This is something that I wrote in another post. It's also just some of the the costs.

How many illegals are the in US and come across the border every year? Upwards of 20,000,000 and 500,000, respectively.

The effects on crime in the US? Nearly one million sex crimes are committed by illegal immigrants. The largest gang in the US is composed almost entirely of illegals. In Los Angeles, 95 percent of all outstanding warrants for homicide (which total 1,200 to 1,500) target illegal aliens. Up to two-thirds of all fugitive felony warrants (17,000) are for illegal aliens.

The effect on infrastructure? 30% percent of all federal prison inmates are illegal aliens. $90 billion dollars are spent each year on illegal aliens for welfare & social services. $17 billion dollars are spent each year for education for the American-born children of illegal aliens.

The general effect on American lives? 12 Americans are killed by illegals every day, plus 13 killed by drunk Mexican drivers.

That's what you're missing.

Originally Posted by Gissurjon

One thought about the illegals. I don't really understand how they put so much strain on the economy. Are they just crowding our Emergency rooms and public assistance offices? Last time i was in the ER there were nothing but a bunch of over-weight paranoid people with high blood pressure. What I know of them is that they work shitty jobs, buy stuff (which would help the economy right), and for the most part, lay low (since they are here illegally and all). Most of the Mexican immigrants I know take pride in providing for their families and look down on receiving public assistance.

What am I missing?

illegals are manly located in several area's in the US.

they are pawns in the neo-liberal strategy in the US which has a long history of racism and are used to fuel social and economic darwinism.

the US tanked the Mexican economy, they were the original neo-liberal experiment. factory workers there make about $5 US/day but they pay the same amount for goods at Wallmart that we do, crazy inflation and a "service sector" that can not employ everyone or pay decent wages.

this sound familiar?

Originally Posted by DOMS

What state do you live in?

This is something that I wrote in another post. It's also just some of the the costs.



That's what you're missing.

I live in Georgia.

Where do you get these numbers from?

How much money do they put into the economy through consumption?

Originally Posted by LAM

this sound familiar?

yup

Originally Posted by Gissurjon

I live in Georgia.

How many Mexicans do you see there? I grew up in Los Angeles. I've also seen the affect of the arrival on Salt Lake City and Boise.

Originally Posted by Gissurjon

Where do you get these numbers from?

It's been a while since I did the research for that, but you can find it easily enough online. Almost all of it comes from government resources.

Originally Posted by Gissurjon

How much money do they put into the economy through consumption?

It's estimated that 15 to 20 billion is sent to Mexico by Mexicans in the US. Also, however much, it's not enough to justify their negative effect on the US.

Originally Posted by DOMS

How many Mexicans do you see there? I grew up in Los Angeles. I've also seen the affect of the arrival on Salt Lake City and Boise.



It's been a while since I did the research for that, but you can find it easily enough online. Almost all of it comes from government resources.



It's estimated that 15 to 20 billion is sent to Mexico by Mexicans in the US. Also, however much, it's not enough to justify their negative effect on the US.

A bunch of Mexicans here, nothing like California of course.

I wasn't, and am not, saying you are wrong at all. I just asked for somebody to explain.

I've grown to not trust government estimates at all

Originally Posted by Gissurjon

A bunch of Mexicans here, nothing like California of course.

I wasn't, and am not, saying you are wrong at all. I just asked for somebody to explain.

I've grown to not trust government estimates at all

How about personal experience?

I spent 6 months in Salt Lake City (SLC) back in 1993. Back then, there were almost no Mexican there. Gun crime was almost nonexistent. They had just appointed their first drug task force (a small group of police). There was also very little graffiti, and even then, most of it was "Skateboarding is not a crime" type stuff.

Then I moved back there from 2000 through 2007. By 2000 there were already a lot more Mexicans there and the crime rate had risen considerably and was continuing to rise.

The Mexicans were initially relegated to the west end of the SLC valley and the west side of Ogden (the second largest city, north of SLC). During my eight years in SLC, I watched as they spread across the valley and the state.

While SLC is the largest city in Utah, Ogden has the highest amount of illegals, and also the highest crime rate in the entire state.

Gun crime became an almost weekly occurrence. It was usually Mexican on Mexican, but it was also Mexican on American.

It's more than just the crime that comes with illegals, it's also the destruction of American neighborhoods. I watched cities such as West Valley erode as the Mexicans migrated eastward into the valley. Once nice, clean, safe neighborhoods became trash strewn, graffiti covered, rundown, and crime filled. I'm not talking about some report or new piece, I watched it encroach on my house. Ultimately, I moved further east into Taylorsville. By 2007, that same Mexican created environment was encroaching there as well.

I watched cities erode right before my eyes.

The logic behind it is simple and irrefutable. Mexicans seeking "a better life" come from a run down third-world country that they can't be bothered to fix or even take care of. They come to a first-world nation and bring the lifestyle that trashed their country to the new one. The don't assimilate or try to live to first-world standards in any way. What I saw happen to those cities was their transformation from first-world standards to third-world standards.

As one person so aptly put it, we're importing poverty.

Add to that the shear numbers of Mexicans that are here. There are upwards of 26 million of them here, with over 600,000 arriving every year. How can such a tidal wave of third-world people not effect the country that they're invading?

Again, I'm not talking about a report or news piece, but the very effect that I've seen happen in SLC. Now, living in Boise, I'm starting to see it here.

As for simple facts, just do a Google search. You'll find the numbers. Billions spent on educating illegals in schools. Billions spent on providing welfare to illegals. Billions spent on illegals in law enforcement and the legal system. A disproportionate amount of crime, especially violent crime, caused by Mexicans. 12 Americans killed every day by illegals. And on, and on, and on.

Again, it comes back to the Mexicans and the place they come from. They can't be bothered to try to clean up their own country or civilization, but I'm supposed to believe that they'll come to the US and magically start living with first-world standards? They're not.

This is happening in NYC as well.

Originally Posted by DOMS

It's estimated that 15 to 20 billion is sent to Mexico by Mexicans in the US. Also, however much, it's not enough to justify their negative effect on the US.

and that money is used to buy goods from american company's. the majority of manufacturing in mexico is specifically designed for export to other country's.

the flow of illegals into the US was designed to bankrupt state governments. states by law are not allowed to carry a deficit. this was accomplished by severely reducing the level of labor unionization which brings down wages for everyone in the low/semi-skilled labor sectors.

constant inflation in the business world is a good thing, it causes a higher return on equity's on individuals with high tax brackets, it also causes income redistribution from equity holders to bondholders.

and just about nobody realizes that taxes are not adjusted for inflation. higher rates of inflation decreases effective tax rates. the methods of tax collection are also a factor as there is a collection lag depending on the type of tax, all of these things effect tax collection revenues.

post

I think the GOP are shooting themselves in the foot with this. Nearly 20% of our voting population is underemployed. These people are not going to vote for a party that takes revenue off the table at the expense of their safety net. These people WILL show up to vote, they have no other option.

Have you seen the campaign fundraising efforts? Romney hit like $16 million, Obama hit $60 million...in 1 quarter. Outside of a 3rd party candidate which won't happen, you basically have 4 more years of what we have.