Author Topic: Keating Economics  (Read 1181 times)

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Keating Economics
« on: October 06, 2008, 06:52:11 PM »
"Keating Economics: the Making of a Financial Crisis" is a documentary that shows why John McCain's failed philosophy and poor judgment are a recipe for deepening the economic crisis.


http://www.youtube.com/watch?v=IDofbll86dY

cow344

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Re: Keating Economics
« Reply #1 on: October 07, 2008, 10:33:29 PM »
This only leaves the question of where is Obama going to get the cash for his wish list ( what he saying on his presidential trail ).  The money just is not going to be there.  Also it looks like both Candidates are milking a dry cow because the lack of money.

Be nice if some one would keep asking where is the cash!!!  I do not see any short time cure.  Just going to have wait it out.   Both of the platforms are built on sewage and ready to stink or sink soon.

Going to have wait 4 or 8 years to find out.  I have no trust in either one.

Here in Canada looks like it is down to two.  Got to chose the lesser of evils. I know a little dirty is as bad as allot.  But those are the choices on both sides of border.

Until we have no politicians we are going to have live with those scary facts and hope for the best.

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Re: Keating Economics
« Reply #2 on: October 08, 2008, 06:42:59 AM »
If wasteful spending was really cut out which I do not think it will be we would have a surplus. Right now the country is in debt I do not mind paying more taxes if my money is spent wisly.

Health care is a major issue for me. If Americans all were able to have some kind of health care we would save billions in tax money that go to public hospitals every year to cover the bad debt of those that can not pay.



Large companies are giving millions of dollars in tax breaks each year even though the are moving many jobs overseas. Any company that wanys to cut US workes should be charged a higher tax rate. I think any of those that have more then 1/4 of thier work force outside the US should pay more taxes.


We can not as a country continue to spend money we do not have Taxes are a way of life to pay for the things we need.

cow344

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Re: Keating Economics
« Reply #3 on: October 08, 2008, 10:08:59 AM »
I grew on a farm.  We had to feed the animals every day.  Well I see taxes like the pigs food.  The only difference is we the people had to physically chose and mix the feed for the pigs, while politicians they chose how much where they are going to get feed ( through every one's tax money ).  It is not fair!  They say the people tell them to get the tax money, well I do hear people saying yea right on you deserve or money to the politicians!  They seem to have travel, clothes, food, support staff etc given and paid for.  If a mistake comes up there is some one or thing to take the fall.

Income tax was created to pay for the great war (World War One ).  Here we are 90 years later no there is no politician saying that if elected they would follow through by canceling income tax.

To put it plainly the politicians have found  how to feed themselves and it is the choice of everything!  All the other people (the ones politicians stand for) have fight for their food , clothing etc.

It is just not fair, I have a contract I have fulfill that contract.  When are the Obama's, McCain's and other politicians going fulfill the canceling of income tax and reimburse us for  using that cash the way they have.

People have not been served as of yet!  Now that's my view may it be right or wrong!  I make a mistake I pay for it they make a mistake I pay for it to!

GOLDNSQUID

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Re: Keating Economics
« Reply #4 on: October 11, 2008, 04:52:25 PM »
The very reason these companies are moving jobs overseas is because of our tax system. It is cheaper and more cost effective for them to have their products made elsewhere and shipped here. What we need to bring these jobs back is not more intervention but less. The first step in fixing this mess is to pass the Fairtax and abolish the IRS. This will jump start the economy and provide millions of jobs. This will also allow for a person to keep their earnings and provide for themselves. We as a country need to return back to the reasons this country was founded. If we don't then we are destined to fail just like every other society in history that has turned to socialism.



www.fairtax.org

"Politicians never accuse you of 'greed' for wanting other people's money --- only for wanting to keep your own money." [Joseph Sobran]