Government Finally Passes Bill To Raise Spending Limit

**Shol'va** · 08-02-2011, 01:57 PM

And not a moment too soon. Our handouts to other countries were in jeopardy, but now we can continue sending over those billions and billions in aid to other countries like Pakistan, Somalia, Haiti.....without any interruptions. How Very Nice.

**Flagg** · 08-02-2011, 03:22 PM

How do you guys feel about your Debt ceiling being increased? A good thing, or merely delaying the inevitable?

I agree Shol'Va, time is coming when you and the rest of the developed world tells everyone, "sorry, going to have to stand on your own two feet for awhile". It's education these deprived countries need, not money being fed into their corrupt regimes.

I just think how much debt America is in now, and how much of that debt has been wasted on Iraq/Afghanistan, and while I dont want to turn your thread into a debate about that subject, it must be very frustrating to see just how American tax dollars are being spent these days.

**gixxerboy1** · 08-02-2011, 03:55 PM

its something that needed to be done. It wasn't just for future spending but to pay the bills and obligations we already have. It should have been raised alone and all the other budget stuff should have been worked out separately

**Shol'va** · 08-02-2011, 04:23 PM

Originally Posted by Flagg

How do you guys feel about your Debt ceiling being increased? A good thing, or merely delaying the inevitable?

I agree Shol'Va, time is coming when you and the rest of the developed world tells everyone, "sorry, going to have to stand on your own two feet for awhile". It's education these deprived countries need, not money being fed into their corrupt regimes.

I just think how much debt America is in now, and how much of that debt has been wasted on Iraq/Afghanistan, and while I dont want to turn your thread into a debate about that subject, it must be very frustrating to see just how American tax dollars are being spent these days.

It's ok Flagg as I started this thread for debate so we can air our frustrations or agreements with what is going on in Washington. It's tiring to hear politicians tell you what you want to hear till they get elected then do nothing. I know that sounds simpleton and in a way it is as one politician for good can't overcome all the bad ones working against him. It does get irritating to hear on the one hand how in debt this country is and on the other hand we are handing out billions to other countries who hate our very existance, and with our tax dollars we are keeping those countries afloat while a grandmother somewhere over here is eating canned dog food to survive. and people wonder why some snap and go postal and say hum wonder what was up his crack to make him go off. I love this country, I just hate what the politicians are doing and have done to it, as in shipping out all of our jobs overseas, creating tax exemption loopholes for big business like GE who pay zero tax on billions made each year through those loopholes, crazy government waste like projects costing hundreds of thousands of dollars to see what happens when you put shrimp on a treadmill and the list is endless. Grrrrrrrrr

**Shol'va** · 08-02-2011, 04:27 PM

Originally Posted by gixxerboy1

its something that needed to be done. It wasn't just for future spending but to pay the bills and obligations we already have. It should have been raised alone and all the other budget stuff should have been worked out separately

You are right Gixxer again our wonderful politicians trying last minute maneuvers to add their pet projects to the bill to help those who got them elected or some business who is giving that politician something in return for his adding a special bill addendum to it, and on and on it goes. If this were the 1950's these politicians would be jailed for treason IMO This crap stress me out from time to time, I just need to get laid.

**JohnnyVegas** · 08-02-2011, 04:42 PM

I will start by saying I have no idea how to run a country. Having said that...

My understanding is that 40% of the money we spend is borrowed. As a small business owner, I cannot wrap my mind around this. I don't know how we will ever pay that off. At some point do they think that we will stop borrowing and the government will be run so efficiently that we will cover our bills AND pay back all this debt? Government likes to spend every dollar (and more) that comes in, so when is it ever going to stop that and send money to pay the debt down? I think we are screwed.

In the end, I think the politicians won and we lost. Republicans got cuts (many of which seem like smoke and mirrors) and the Democrats had the door left for them to raise taxes in the special committee that will work out the details in the future. Obama got all he wanted - to have this problem go away until after the election. What did we get? A few cuts, I suppose, but spending will continue to expand.

I didn't feel like this until recently, but I think the politicians will do what is best for their reelections and will not be concerned with us at all. I am working hard to pay off my debts so I can live on a lot less...because things are going to get worse.

**jasc** · 08-02-2011, 04:43 PM

Bought us a little time and resolved nothing.. We'll just keep putting off the problem and one day we will all be citizens of China... Oh well... atleast the Chinese government won't tolerate all the BS our government does.

**Flagg** · 08-02-2011, 04:46 PM

What I find interesting, is that you will find plenty of people that will say "stop sending aid" then balk when you mention "Israel".

You don't see China or Russia having trouble sleeping at night. The West should go back to Capitalism instead of trynna police the world. All that has got us is tons of wasted money and MORE countries and nations that hate us.

I look at Egypt, Syria and soon to be Iran I think. The younger generation there are sick of their regime, and revolutions are rife. And low and behold, they're doing it all without the West. And then look at the MASSIVE clusterfvck that is Iraq and Afghanistan. I wish our politicians would admit fvcking defeat and withdraw. We all know we cant be there forever, and as soon as we leave, it will all revert back to how it was previously. Heaven forbid we just let them get on with it and solve their own problems.

Then we have...the banks. The real crooks. Madoff, et al, that dragged the planet into the recession in the first place.

**Shol'va** · 08-02-2011, 05:19 PM

Originally Posted by JohnnyVegas

I will start by saying I have no idea how to run a country. Having said that...

My understanding is that 40% of the money we spend is borrowed. As a small business owner, I cannot wrap my mind around this. I don't know how we will ever pay that off. At some point do they think that we will stop borrowing and the government will be run so efficiently that we will cover our bills AND pay back all this debt? Government likes to spend every dollar (and more) that comes in, so when is it ever going to stop that and send money to pay the debt down? I think we are screwed.

In the end, I think the politicians won and we lost. Republicans got cuts (many of which seem like smoke and mirrors) and the Democrats had the door left for them to raise taxes in the special committee that will work out the details in the future. Obama got all he wanted - to have this problem go away until after the election. What did we get? A few cuts, I suppose, but spending will continue to expand.

I didn't feel like this until recently, but I think the politicians will do what is best for their reelections and will not be concerned with us at all. I am working hard to pay off my debts so I can live on a lot less...because things are going to get worse.

Working on my dads farm in my early years got me to see how he worked it all and by no means was he a borrower. If profits weren't there to justify new machinery then we patched what we had till we had to money to pay in full. That is just how he did it. We lived within our means. Does that work for everyone? No But who else but our govt. borrows 40% to run on year in year out and prints its own money to continue, when it needs more and for what do we have to show all those expenditures? What did we get for 14.5 trillion dollars? 3 wars, many countries dependent on our money handouts and treadmills for shrimp. What a bargain. You know these politicians were saying that we need to cut back on our entitlements but do you realize that not only did you contribute to social security but your employer did also. It totalled 15% of your income before taxes. Entitlement my azz, I paid cash for my social security insurance. Just because they borrowed the money doesn't make my benefits some kind of charity or handout! However, on the other hand, our illustrious congressional benefits, aka free healthcare, outrageous retirement packages, 67 days paid holidays, three weeks paid vacations, unlimited paid sick days, now that's welfare and they have the nerve to call my retirement entitlements. Emergency rooms for their general health care at just one hospital cost the taxpayers a whopping 25 million dollars in one year alone! Someone please tell me what the hell is wrong with all the people running this country! Were broke and can't help our own seniors, veterans, ophans, homeless, etc. Our retired seniors living on a fixed income receive no aid nor do they get any breaks while our government and religious organizations pour hundreds of billions of dollars and tons of food to foreign countries. They call social security and medicare entitlements, even though most have been paying for it most of their working lives and now when it is time to collect, the government is running out of money. Why did the government borrow from it in the first place? We have hundreds of adoptable children who are shoved aside to make room for adoption of foreign orphans.
America: we have a country where we have homeless without shelter, children going to bed hungry, elderly going without needed meds, mentally ill without treatment, etc.
Yet: They have a benefit for the people of Haiti on 12 TV Stations, ships and planes lining up with food, water, tents, clothes, bedding, doctors and medical supplies.
Just Imagine if our government gave us the same support they give to other countries...
End Rant.

**Shol'va** · 08-02-2011, 05:22 PM

Man that was cathartic for me..

**DCI** · 08-02-2011, 05:53 PM

Honestly it seems to be a trend across all of the Western imo. We all seem to be lead by the same politicans who as you say are only doing things to help themselves get re elected and to keep the wolf from the door and patch it just enough to get the country running for the time they need it to keep them in office. We also have massive waste in the healthcare sector politicans who take more annual leave than any other person in the state and have faily high wages and brilliant pension packages 10 years of work get a pension worth about 200k dollars that's fairly handy aint it for what is basically bollick talking for all of your life.

The same thing has happend over here but our borrowings are a bit pissy incomparison to yours I think Ireland only totaled 90billion or something like that which in the great scheme of things is nothing. I'd say over here Italy and Spain are one payment away from going bang and taking the euro zone with them. And if China calls in it's debts on ye I'd say ye all will be snookered.

**gixxerboy1** · 08-02-2011, 05:54 PM

Originally Posted by Shol'va

Man that was cathartic for me..

Great post.

**crazy_rocks** · 08-02-2011, 06:06 PM

Originally Posted by Shol'va

If this were the 1950's these politicians would be jailed for treason IMO This crap stress me out from time to time, I just need to get laid.

OH MY GOD. there is common sense out there. me and my mom have been saying this to each other since the stimulus when certain companies and banks were forced to accept it or else.

**crazy_rocks** · 08-02-2011, 06:13 PM

Originally Posted by Flagg

What I find interesting, is that you will find plenty of people that will say "stop sending aid" then balk when you mention "Israel".

You don't see China or Russia having trouble sleeping at night. The West should go back to Capitalism instead of trynna police the world. All that has got us is tons of wasted money and MORE countries and nations that hate us.

I look at Egypt, Syria and soon to be Iran I think. The younger generation there are sick of their regime, and revolutions are rife. And low and behold, they're doing it all without the West. And then look at the MASSIVE clusterfvck that is Iraq and Afghanistan. I wish our politicians would admit fvcking defeat and withdraw. We all know we cant be there forever, and as soon as we leave, it will all revert back to how it was previously. Heaven forbid we just let them get on with it and solve their own problems.

Then we have...the banks. The real crooks. Madoff, et al, that dragged the planet into the recession in the first place.

yeah. i was arguing with this overweight hippy one time. he said the problem was because of capitalism. i said no part of the problem is we've been using socialism.

**spywizard** · 08-02-2011, 07:06 PM

Originally Posted by Flagg

How do you guys feel about your Debt ceiling being increased? A good thing, or merely delaying the inevitable?

I agree Shol'Va, time is coming when you and the rest of the developed world tells everyone, "sorry, going to have to stand on your own two feet for awhile". It's education these deprived countries need, not money being fed into their corrupt regimes.

I just think how much debt America is in now, and how much of that debt has been wasted on Iraq/Afghanistan, and while I dont want to turn your thread into a debate about that subject, it must be very frustrating to see just how American tax dollars are being spent these days.

less than 500 billion since it all started..

**LGM** · 08-02-2011, 08:21 PM

Originally Posted by spywizard

less than 500 billion since it all started..

The wars? They're round about 3 trillion when it's all said and done, including the interest on the money we've borrowed to finance the wars.

We need some deep cuts, and we need them now.

**Times Roman** · 08-02-2011, 08:41 PM

it's about time too! it aint right that a president not have unlimited spending ability!!!

**Shol'va** · 08-02-2011, 08:47 PM

Originally Posted by LGM

The wars? They're round about 3 trillion when it's all said and done, including the interest on the money we've borrowed to finance the wars.

We need some deep cuts, and we need them now.

Borrow 5 trillion, then cut 2 trillion and that is their balanced budget. Those will be the type of cuts we can expect.

**Times Roman** · 08-03-2011, 04:21 AM

without doing the math, if i were to give you $1/second, how long would it take me to give you $1Trillion?

**Times Roman** · 08-03-2011, 04:21 AM

if I were to stack $1 bills vertically, how high would $1Trillion be?

**Times Roman** · 08-03-2011, 04:22 AM

If I were to give $1 to Shovel for every fattie he banged, how long until $1Trillion?

**Times Roman** · 08-03-2011, 04:26 AM

if a stack of 100 $1 bills = 1/2 inch, then $1Trillion would be a stack 70,000 miles high

**Times Roman** · 08-03-2011, 04:28 AM

if I gave you $1/second, it would take me over 63,000 years to make good on my $1Trillion gift to you....

**lovbyts** · 08-03-2011, 07:09 AM

Originally Posted by Shol'va

And not a moment too soon. Our handouts to other countries were in jeopardy, but now we can continue sending over those billions and billions in aid to other countries like Pakistan, Somalia, Haiti.....without any interruptions. How Very Nice.

Was there ever any doubt it was going to be raised? I had none. Did I think it would end up being balanced, Hell no. That's why I dont bother paying any attention to all that dribble on the news.

I also agree with you on the statements above. I have said many times, if we want to eliminate the debt we need to stop spending money we dont have especially in places like above. We need to sometimes say Sorry, we just dont have it to give but it wont happen or at least not anytime soon.

I ........ never mind. I dont have enough time to go there.

**lovbyts** · 08-03-2011, 07:16 AM

Originally Posted by Shol'va

Borrow 5 trillion, then cut 2 trillion and that is their balanced budget. Those will be the type of cuts we can expect.

hahahaha, it's really is funny, when I was 7 or 8 watching the news with my dad and they are talking about the budget and all I said WTF (not those words) how is it a cut in spending. Government math. They spent 15 million on a study on slugs mating last year. The same program wants 25 million this year. The government said no, we will only give you 20 million and that = a cost saving of 5 million? Holly new math.... No, that = 20 million of spending, no savings.

**gixxerboy1** · 08-03-2011, 07:25 AM

Originally Posted by Times Roman

it's about time too! it aint right that a president not have unlimited spending ability!!!

its not unlimited spending. Its for bills already owed. And congress approved all of it at the time. Now didnt want to approve paying for it

**LGM** · 08-03-2011, 07:43 AM

Originally Posted by Shol'va

Borrow 5 trillion, then cut 2 trillion and that is their balanced budget. Those will be the type of cuts we can expect.

If this new "super committee" can't come up with another 2 trillion in cuts, there are triggers that automatically do it. And 50% comes out of defense, and 50% out of entitlements. Both on the supply side, not the consumer side.

At this point, I'm hoping it comes to that.

**lovbyts** · 08-03-2011, 08:00 AM

Originally Posted by gixxerboy1

its not unlimited spending. Its for bills already owed. And congress approved all of it at the time. Now didnt want to approve paying for it

I understand how that works but I dont think it was as black and white as they would like you to believe. From what I understand they had no problem agreeing to what was already agreed to as long as we would cut future spending. It's still all BS on both sides because now the opposite said has already said they will just walk away instead of talking since they dont HAVE to negotiate. WTF is that?

**Shol'va** · 08-03-2011, 08:10 AM

Originally Posted by lovbyts

I understand how that works but I dont think it was as black and white as they would like you to believe. From what I understand they had no problem agreeing to what was already agreed to as long as we would cut future spending. It's still all BS on both sides because now the opposite said has already said they will just walk away instead of talking since they dont HAVE to negotiate. WTF is that?

It's the new we want all or nothing no compromise at all costs routine started by the Tea Party. Don't care about the country defaulting as long as they make their point. If our grandparents were alive and running this country, these idiots now running this country would never have gained access to office. And if they were in office Senator McCarthy of days gone by would have labeled them communists and had them promptly arrested for destroying the infrastructure and health of this country. Sent to prison for a long long time. Maybe that's what they need threatened with now to do the job they were elected to do. Don't get me wrong on labeling just the Tea Party as there is blame enough to go around.

**Shol'va** · 08-03-2011, 08:13 AM

The irony here IMO is that we are all from diverse backgrounds and persuasions on the board, but when it comes to this issue we seem to have commonalities. So if we all get, then why cant they. Duh

**gixxerboy1** · 08-03-2011, 08:19 AM

Originally Posted by Shol'va

It's the new we want all or nothing no compromise at all costs routine started by the Tea Party. Don't care about the country defaulting as long as they make their point. If our grandparents were alive and running this country, these idiots now running this country would never have gained access to office. And if they were in office Senator McCarthy of days gone by would have labeled them communists and had them promptly arrested for destroying the infrastructure and health of this country. Sent to prison for a long long time. Maybe that's what they need threatened with now to do the job they were elected to do. Don't get me wrong on labeling just the Tea Party as there is blame enough to go around.

I really think the new tea party is going to cause alot of problems. I do agree with some of their principles. but how they are going about getting things done is an issue.

**Shol'va** · 08-03-2011, 08:38 AM

Originally Posted by gixxerboy1

I really think the new tea party is going to cause alot of problems. I do agree with some of their principles. but how they are going about getting things done is an issue.

Agreed. But it would be so nice to just turn on the news one day and hear that Washington is finally all working together to once and for all start solving our nations problems like they were hired to do, putting beside petty partison politics and understand that if they just do a good job they will be reelected no matter whether democrat or republican or independent. This polarization of the parties is neither good for them nor the country. There is common ground but they choose not to go there, the republican party for fear of the tea party and the democrats for fear of reelection losses. There is so much crap that needs to be done and fixed including but not limited to passing a bill once and for all to keep politicians from getting gifts or money for passing bills favorable to special interests like the pharmaceutical company or the oil industry or the defense contractors, and on and on.....and plugging those tax loopholes that are so large you could drive an 18 wheeler right through them. I have a problem when I pay more taxes than GE.

**RaginCajun** · 08-03-2011, 10:23 AM

Originally Posted by Flagg

How do you guys feel about your Debt ceiling being increased? A good thing, or merely delaying the inevitable?

I agree Shol'Va, time is coming when you and the rest of the developed world tells everyone, "sorry, going to have to stand on your own two feet for awhile". It's education these deprived countries need, not money being fed into their corrupt regimes.

I just think how much debt America is in now, and how much of that debt has been wasted on Iraq/Afghanistan, and while I dont want to turn your thread into a debate about that subject, it must be very frustrating to see just how American tax dollars are being spent these days.

i feel like my grandchildren just got pounded by a big strap on! yes flagg, it sucks to see where our tax dollars are going. i want to say when newt g was speaker of the house during the clinton era, we had a surplus!!!! once the democrats took over both the house and the senate, is when everything went to shit! our government wastes sooo much tax dollars on nonsense. we need to focus on our problems here in the US and stop worrying about poorer countries. we don't manufacture anything anymore, china does! what we really need to do is pass new laws/bills getting all of congress out of there and starting over! but we can't do that because all of them fvckers make and pass the laws/bills, and they are not going to screw/fvck themselves over! i am an independent registered voter in the US and hate how you either have to vote dem or rep. i think that once the republicans take over the house and senate again, shit will be messed up for quite some time.

**PitMaster** · 08-07-2011, 02:07 PM

All these politicians, regardless of party get together and make decisions not to better America. It's all for personal gain, if that could be taken off the table we might get somewhere as a country.