Welcome Guest [Log In] [Register]
Welcome to Campfire Soapbox. We hope you enjoy your visit.


You're currently viewing our forum as a guest. This means you are limited to certain areas of the board and there are some features you can't use. If you join our community, you'll be able to access member-only sections, and use many member-only features such as customizing your profile, sending personal messages, and voting in polls. Registration is simple, fast, and completely free.


Join our community!


If you're already a member please log in to your account to access all of our features:

Username:   Password:
Add Reply
Which Bush would you prefer?
Fiscally Constrained 10 (90.9%)
Unconstrained Spendthrift 1 (9.1%)
Total Votes: 11
Which Bush?
Topic Started: Oct 7 2005, 05:36 AM (217 Views)
cmoehle
Member Avatar
Chris - San Antonio TX
Spending overdose
Quote:
 
"I call on members to make real cuts in nonsecurity spending," President Bush told his Tuesday press conference. "Congress needs to pay for as much of the hurricane relief as possible by cutting spending."

    Such sentiments are sweet music to libertarians and small-government conservatives -- and long overdue. While emergency spending in the wake of Hurricanes Katrina and Rita has added billions to the deficit-riddled federal budget, those outlays are just a drop in the bucket compared to the prestorm spending habits of the president and Congress.

    Indeed, when it comes to big-time spending, many think of Democrat Lyndon Baines Johnson -- who busted the budget like a Texas tornado. But it's the current chief executive from the Lone Star State, with plenty of help from the Republican-controlled Congress, who actually set the one-term record for raising discretionary spending.
Politics is the art of achieving the maximum amount of freedom for individuals that is consistent with the maintenance of social order.
--Barry Goldwater
Offline Profile Quote Post Goto Top
 
corky52
Member
As the owner of real property a good healthy dose of inflation would help me greatly!
Offline Profile Quote Post Goto Top
 
cmoehle
Member Avatar
Chris - San Antonio TX
But inflation tax won't.
Politics is the art of achieving the maximum amount of freedom for individuals that is consistent with the maintenance of social order.
--Barry Goldwater
Offline Profile Quote Post Goto Top
 
ImaHeadaU
Member Avatar
Vancouver, B.C., Canada
I prefer neither Bush.
ImaHeadaU
Vancouver, B.C., Canada
Offline Profile Quote Post Goto Top
 
cmoehle
Member Avatar
Chris - San Antonio TX
:floorrollin:

Similar questions were asked about the father...and conclusions reached.
Politics is the art of achieving the maximum amount of freedom for individuals that is consistent with the maintenance of social order.
--Barry Goldwater
Offline Profile Quote Post Goto Top
 
pentax
Member Avatar
Kamloops - BC Interior
ImaHeadaU
Oct 7 2005, 10:02 AM
I prefer neither Bush.

Here, here.....
Posted Image
(thumbnail)

Posted Image

"Kirk to Enterprise - Very funny, Scotty.... now beam down my clothes!"
Offline Profile Quote Post Goto Top
 
Jelly Bean
Member Avatar
Member
well if you guys say neither, then I say bothQ :floorrollin:
Offline Profile Quote Post Goto Top
 
cmoehle
Member Avatar
Chris - San Antonio TX
They're opposites. It would imply he flip flops.
Politics is the art of achieving the maximum amount of freedom for individuals that is consistent with the maintenance of social order.
--Barry Goldwater
Offline Profile Quote Post Goto Top
 
corky52
Member
Chris,
Gains from inflated values of property and from paying off loans with post inflation dollars would more than offset your "inflation tax", by several orders of magnitude. Your inflation tax only hurts people with very little real property and who have to spend most of what they make to stay alive.
Offline Profile Quote Post Goto Top
 
tomdrobin
Member
When I consulted my dictionary it said, a spendthrift is one who wastes money. Not just spends mind you, but wastes it. And, that second choice was an unconstrained spendthrift. Seemed like a no brainer, as I thought no one would vote for the unconstrained spendthrift. One did! What's the deal here? Sounds like that responder wants more of the Bush fiscal liberal policies. And, I bet it's a Bush hater to boot!
Offline Profile Quote Post Goto Top
 
corky52
Member
Tom,

I've turned over a new leaf and decided to only worry about myself! Bush is not going to change and stop spending, so I've decided to smile and enjoy the profits! :floorrollin: Those of you who work for a living or who are retired and living on fixed assets are the ones who will suffer. I'll repay the loans from your banks and retirement funds with those smaller less valuable dollars while still having the real assets that have gone up as fast or faster than inflation!
Offline Profile Quote Post Goto Top
 
cmoehle
Member Avatar
Chris - San Antonio TX
Corky "Gains from inflated values of property and from paying off loans with post inflation dollars would more than offset your "inflation tax", by several orders of magnitude. Your inflation tax only hurts people with very little real property and who have to spend most of what they make to stay alive."

No man is an island.

Economics is systemic, what affects the economy, affect all. The invisible hand can help or hurt.
Politics is the art of achieving the maximum amount of freedom for individuals that is consistent with the maintenance of social order.
--Barry Goldwater
Offline Profile Quote Post Goto Top
 
cmoehle
Member Avatar
Chris - San Antonio TX
Tom "...a spendthrift is one who wastes money. Not just spends mind you, but wastes it."

Sort of stacked the deck, huh? :) But it's true. Throwing money at welfare creates a viscious cycle of throwing good money after bad.
Politics is the art of achieving the maximum amount of freedom for individuals that is consistent with the maintenance of social order.
--Barry Goldwater
Offline Profile Quote Post Goto Top
 
corky52
Member
Chris,
Nice but not true!

Every economic situation has winners and losers, inflation is no exception. What hurts the working stiffs and fixed income people helps those who have hard assets and real property, system is rigged that way.

People need to look at how things really work not how they WISH it would work.
Offline Profile Quote Post Goto Top
 
cmoehle
Member Avatar
Chris - San Antonio TX
In a nice wishful time-narrowed view you're right. Over time, simply not so. At one time your Sears and Wards and Pennies were winners against loser mom and pops as we moved out of the cities and found freedom behind the wheel of an automobile, but lo and behold the moms and pops are now driving them out of business sitting in rooms behind the keyboards of computers hooked into the Internet. What goes around comes around.
Politics is the art of achieving the maximum amount of freedom for individuals that is consistent with the maintenance of social order.
--Barry Goldwater
Offline Profile Quote Post Goto Top
 
Go to Next Page
« Previous Topic · Soapbox · Next Topic »
Add Reply