SWA/AAI SLI agreement in principle.

[Red Baron]

I haven't lost respect for this president, if anything he has gone up points in my book. It's the TEA party fools with their lack of understanding on financial markets and the impact our government has on our well being as a whole that I have lost respect for.

14.5 trillion in debt, SPENDING is the issue, not revenue. I think they have a good understanding.

Sorry, back to previous subject matter.

RB

 

[SkiFishFly]

Spending and baseline budgeting are most definitely the issue! Only in DC could a reduction in the yearly increase in spending be called a cut.

Only a complete idiot would fail to recognize the more "revenue" you give those idiots in DC, the more they spend and then they want more. The over spending has got to be stopped!

The biggest impact the gov could have on our well being is to get their hands out of our pockets and stop wasting money on stupid stuff all the while acting more and more like a nanny telling everyone and every business what they can and can not do.

 

[PCL_128]

Ahh, debating politics. I'm sure that will be a much more friendly conversation than arguing about seniority.

 

[jonjuan]

14.5 trillion in debt, SPENDING is the issue, not revenue. I think they have a good understanding.

Sorry, back to previous subject matter.

RB

Bingo-Check out the 1934 cartoon from the Chicago Tribune. Very foretelling...

http://www.chicagotribune.com/health/sns-pod-1934-cartoon-pic,0,7114709.photo

 

[Flying the Line]

I believe Reagan raised the debt ceiling 18 times.

 

[Lear70]

I believe Reagan raised the debt ceiling 18 times.

Don't let a little thing like "facts" get in the way of a FlightInfo debate...

FWIW, I consider myself a constitutionalist, as both sides of the aisle can't seem to understand the big picture. A mix of big-business tax break cuts combined with curbing spending would "appear" to be an easy compromise to reach. I don't really understand their problem, unless you're a politician working strictly from the standpoint of "I want to get re-elected".

 

[DonVerita]

For life of me, I can't understand how Republican and Tea Party idealogues still, to this day, defend the following:

1. Fat Cat corporate jet tax loopholes.
2. Billions in Hedge Fund Manager salaries and bonues taxed at a lower rate than any of us here on FI pay.
3. Massive taxpayer subsidies for Big Oil and Big Coal.

It is beyond obvious that the Republican Party is in the pockets of, bought and paid for, by Corporate America. The same Republican Party who hates labor unions. Gov. Scott Walker (R) Wisconsin - your day of reckoning with recall is on the horizon. Gov. Kasich (R) Ohio - your Wisconsin copycat anti-union legislation is headed to the voters to repeal. Congratulations, you are now tied for lowest voter approval rating with Tea Party clown Gov. Rick Scott (R) Florida.

As for President Obama, he may not be perfect, but he has done a pretty good job with the cards he inherited from Bush/Cheney. How many job bills have the Republicans introduced in the last 2.5 years? Zero.

Who does the country as a whole trust more - President Obama or the Republican Party? President Obama. Who is the country blameing for the Debt Ceiling fiasco? Republicans; and especially the simplistic Tea Party. Read the polls for yourself, after you take a look at yet another Dow loss for today...compliments of the GOP.

 

[waveflyer]

Wow- my bad on the drift-
Dylan ratigan had a good synopsis critiquing everyone from Clinton to bushW to Obama for getting us here. There is no free money- but one group tends to do better in bubbles.

As for ideology- RB- we spend trillions- well, WHO spent it? Two wars and Medicare part D all from revenues funded from fake prosperity created by deregulating the banking industry. And Obama, instead of reinstituting MEANINGFUL regulation simply doubled down on bad finance policy.
It's the banks, stupid.

All that said- if congress does nothing, and the bush tax cuts expire, we're back in the black in 10 years.

 

[Empennage]

I believe Reagan raised the debt ceiling 18 times.

In 1982 Reagan asked for and signed into law a tax increase designed to pay off the National Debt. In the deal the dems promised to cut $3 in spending for every $1 in tax increases.

What do you think happened? Definitely not a revenue issue.

 

[Quimby]

For life of me, I can't understand how Republican and Tea Party idealogues still, to this day, defend the following:

1. Fat Cat corporate jet tax loopholes.
2. Billions in Hedge Fund Manager salaries and bonues taxed at a lower rate than any of us here on FI pay.
3. Massive taxpayer subsidies for Big Oil and Big Coal.

It is beyond obvious that the Republican Party is in the pockets of, bought and paid for, by Corporate America. The same Republican Party who hates labor unions. Gov. Scott Walker (R) Wisconsin - your day of reckoning with recall is on the horizon. Gov. Kasich (R) Ohio - your Wisconsin copycat anti-union legislation is headed to the voters to repeal. Congratulations, you are now tied for lowest voter approval rating with Tea Party clown Gov. Rick Scott (R) Florida.

As for President Obama, he may not be perfect, but he has done a pretty good job with the cards he inherited from Bush/Cheney. How many job bills have the Republicans introduced in the last 2.5 years? Zero.

Who does the country as a whole trust more - President Obama or the Republican Party? President Obama. Who is the country blameing for the Debt Ceiling fiasco? Republicans; and especially the simplistic Tea Party. Read the polls for yourself, after you take a look at yet another Dow loss for today...compliments of the GOP.

Both parties are bought and paid for by corporations & lobbyists.

Please take the blinders off.

 

[runwayjockey]

4 Trillion dollars worth of War and we are going to pay for it by cutting spending? We all ready spent the money!!! Give me a break!

Teaparty hackjobs have to go!

 

[waveflyer]

Both parties are bought and paid for by corporations & lobbyists.

Please take the blinders off.

Agreed. But it is NOT a push. There is one party who argues for corporate rights over the dissent of the other. There is only one party who argues AGAINST their own self interest in favor of corporate rights.

 

[The Prussian]

For life of me, I can't understand how Republican and Tea Party idealogues still, to this day, defend the following:

1. Fat Cat corporate jet tax loopholes.
2. Billions in Hedge Fund Manager salaries and bonues taxed at a lower rate than any of us here on FI pay.
3. Massive taxpayer subsidies for Big Oil and Big Coal.

It is beyond obvious that the Republican Party is in the pockets of, bought and paid for, by Corporate America. The same Republican Party who hates labor unions. Gov. Scott Walker (R) Wisconsin - your day of reckoning with recall is on the horizon. Gov. Kasich (R) Ohio - your Wisconsin copycat anti-union legislation is headed to the voters to repeal. Congratulations, you are now tied for lowest voter approval rating with Tea Party clown Gov. Rick Scott (R) Florida.

As for President Obama, he may not be perfect, but he has done a pretty good job with the cards he inherited from Bush/Cheney. How many job bills have the Republicans introduced in the last 2.5 years? Zero.

Who does the country as a whole trust more - President Obama or the Republican Party? President Obama. Who is the country blameing for the Debt Ceiling fiasco? Republicans; and especially the simplistic Tea Party. Read the polls for yourself, after you take a look at yet another Dow loss for today...compliments of the GOP.

Well...OK, here goes...

Fat Cat corporations??? Try Fat Cat politcians,...you know, the ones who were the smartest kids in class.

Let's wake up to the fact that we're being played by Fat Cat politicians, using OUR tax dollars to BUY VOTES from their own targeted constituents to keep themselves in office. Think about it, what a concept...pay for votes, using YOUR and MY money...what a racket!...quid pro quo if I ever saw it!!!!

AND...using their favorite tactic...ENVY. Envy of those GIANT corporations, worth Billions (spelled with a 'B'), while THEY sit atop the biggest cash stream in the entire UNIVERSE worth Trillions (spelled with a 'T'). Combine that with their ego stroking power on Capital Hill...the smartest kids in the class aren't necessarily in corporate America...they're on TV every day explaining how they are trying to look out for our best interests (visualize a wolf in sheep clothing here).

Simplistic Tea Party...you tell me whose being simplistic here???

OBTW...while these politicians enjoy their place in power, and they're spending us into oblivion (not THEIR money ), it's going to be the future generations that get to pick up the pieces. Fortunately, the public is starting to "get it"...and hopefully, the jiggs up!






Sorry...done venting :cartman:

 

[Quimby]

Well...OK, here goes...

Fat Cat corporations??? Try Fat Cat politcians,...you know, the ones who were the smartest kids in class.

Let's wake up to the fact that we're being played by Fat Cat politicians, using OUR tax dollars to BUY VOTES from their own targeted constituents to keep themselves in office. Think about it, what a concept...pay for votes, using YOUR and MY money...what a racket!...quid pro quo if I ever saw it!!!!

AND...using their favorite tactic...ENVY. Envy of those GIANT corporations, worth Billions (spelled with a 'B'), while THEY sit atop the biggest cash stream in the entire UNIVERSE worth Trillions (spelled with a 'T'). Combine that with their ego stroking power on Capital Hill...the smartest kids in the class aren't necessarily in corporate America...they're on TV every day explaining how they are trying to look out for our best interests (visualize a wolf in sheep clothing here).

Simplistic Tea Party...you tell me whose being simplistic here???

OBTW...while these politicians enjoy their place in power, and they're spending us into oblivion (not THEIR money ), it's going to be the future generations that get to pick up the pieces. Fortunately, the public is starting to "get it"...and hopefully, the jiggs up!






Sorry...done venting :cartman:

Exactly. I love how "certain" politicians villify "fat cat/rich jet owners", but have no problem riding that Gulfstream or BBJ to a junket when given the chance.

The biggest private jet user of all is pandering for votes using this class envy BS. Pathetic.