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News American Election
- Post starter anthony
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anthony
Founder
I disagree that America is a socialist economy... as stated for the reasons others cited already. If it was... then the economy as a whole, meaning American society, would be primarily middle class and doing well. Low income would be a minority, and even those who were low income, would still have basic free health care for serious illness and be supported to some degree. Not just left homeless and abandoned.
Capitalism - it is what it is - and that is America's structure. So be it. The problem IMHO, is that that same structure was allowed to be implemented into the political makeup of the country. What scared me a little this election, was media stating that this was the most expensive election held. The most money ever was contributed and spent during this election. To me... that means the most favours / some huge favours that the donators are now going to be calling upon. They want their return on investment. That is the crux of the issue IMHO. You cannot have a political structure 'for' the country, when it is based on capitalism.
The country works to some degree on it, even though it's not the soundest economic models of all available. The problem though is that Government is not 'for the country' when it is also working from that model. Government must be funded by the people, by taxes, and limited. The big song and dance that occurs with US politics needs to be cut right back and limited to publicly funded minimal advertising to get their policies across. That way... the people elect based on policies and dump based on failure to implement policies effectively. They then know that their country policy isn't being screwed with to favour the rich, which is well known that it is for US under the current system. Governmental regulation to that level would remove a whole lot of America's problems IMHO, without changing social structure or the American belief system. Regulate the Government, then the country can be more independent, as the cultures belief system entails.
My perception is that the US Government is deregulating itself, and trying to regulate the people. When in fact based on US constitutional beliefs, the Government should be regulated heavily so that the people maintain their claimed 'freedoms' and such.
Consumption tax sounds like GST here. A flat 10% tax on all goods and services. Saying that, that would not be enough to sustain any country. Our country still has income tax applied at a percentage basis to a maximum of, I think about 49 cents in the dollar for high income. That way, anyone under a certain amount pay zero tax, then when you reach taxation threshold, you pay about 30 cents in the dollar, and the more you earn the more you pay, until you reach the level of maximum income tax.
To be perfectly honest, even if America moved to a single consumption tax, it would need to be a balanced amount of the current system, if not slightly more, to help the country get out of its debt. If you had a GST system, stripping income taxes, it would need to be around 20 - 25% on goods and services consumed. That still wouldn't remove other things though like land taxes and such, which are different requirements to fund different issues.
To be perfectly honest, those who think any president they elect can change the country in four years for the better, you have to be seriously kidding yourself IMO. A country doesn't reflect change that quickly. A Government implements policy and it can takes years to measure that single change. It can take a decade to measure a single change in policy. You can take a country backwards in a short time. George Bush is the classic example of that. He destroyed the US economy in his first term, then the country put him back in to finish it of.
For those talking about the US stock market drop... that had nothing to do with the US, it had to do with Europe figures being released with downgraded forecasts and projections. The GFC is just now hitting Germany's economy, for instance... being the largest fiscal EU economy. They've been using their reserves to bail out other EU economies. Now they're in the crap because the slowdown has hit them.
That is why the US stock exchange, and others globally, are dropping upon opening of markets. Not because of the US elections.
This is my point about a global economy. What affects one country drastically can snowball to affect others, as all countries are lending out to others in which they obtain interest. The economic structure is like a big banking system. AAA countries lend to lesser rated countries and obtain a higher return interest rate. Countries banks borrows from AAA countries to pay the least interest, yet lend their monies to the economy at higher interest to make money. This continues on and on...
When one falls over significantly, suddenly the stone in the pond creates ripples that get bigger and bigger as they flow outwards.
Capitalism - it is what it is - and that is America's structure. So be it. The problem IMHO, is that that same structure was allowed to be implemented into the political makeup of the country. What scared me a little this election, was media stating that this was the most expensive election held. The most money ever was contributed and spent during this election. To me... that means the most favours / some huge favours that the donators are now going to be calling upon. They want their return on investment. That is the crux of the issue IMHO. You cannot have a political structure 'for' the country, when it is based on capitalism.
The country works to some degree on it, even though it's not the soundest economic models of all available. The problem though is that Government is not 'for the country' when it is also working from that model. Government must be funded by the people, by taxes, and limited. The big song and dance that occurs with US politics needs to be cut right back and limited to publicly funded minimal advertising to get their policies across. That way... the people elect based on policies and dump based on failure to implement policies effectively. They then know that their country policy isn't being screwed with to favour the rich, which is well known that it is for US under the current system. Governmental regulation to that level would remove a whole lot of America's problems IMHO, without changing social structure or the American belief system. Regulate the Government, then the country can be more independent, as the cultures belief system entails.
My perception is that the US Government is deregulating itself, and trying to regulate the people. When in fact based on US constitutional beliefs, the Government should be regulated heavily so that the people maintain their claimed 'freedoms' and such.
Consumption tax sounds like GST here. A flat 10% tax on all goods and services. Saying that, that would not be enough to sustain any country. Our country still has income tax applied at a percentage basis to a maximum of, I think about 49 cents in the dollar for high income. That way, anyone under a certain amount pay zero tax, then when you reach taxation threshold, you pay about 30 cents in the dollar, and the more you earn the more you pay, until you reach the level of maximum income tax.
To be perfectly honest, even if America moved to a single consumption tax, it would need to be a balanced amount of the current system, if not slightly more, to help the country get out of its debt. If you had a GST system, stripping income taxes, it would need to be around 20 - 25% on goods and services consumed. That still wouldn't remove other things though like land taxes and such, which are different requirements to fund different issues.
To be perfectly honest, those who think any president they elect can change the country in four years for the better, you have to be seriously kidding yourself IMO. A country doesn't reflect change that quickly. A Government implements policy and it can takes years to measure that single change. It can take a decade to measure a single change in policy. You can take a country backwards in a short time. George Bush is the classic example of that. He destroyed the US economy in his first term, then the country put him back in to finish it of.
For those talking about the US stock market drop... that had nothing to do with the US, it had to do with Europe figures being released with downgraded forecasts and projections. The GFC is just now hitting Germany's economy, for instance... being the largest fiscal EU economy. They've been using their reserves to bail out other EU economies. Now they're in the crap because the slowdown has hit them.
That is why the US stock exchange, and others globally, are dropping upon opening of markets. Not because of the US elections.
This is my point about a global economy. What affects one country drastically can snowball to affect others, as all countries are lending out to others in which they obtain interest. The economic structure is like a big banking system. AAA countries lend to lesser rated countries and obtain a higher return interest rate. Countries banks borrows from AAA countries to pay the least interest, yet lend their monies to the economy at higher interest to make money. This continues on and on...
When one falls over significantly, suddenly the stone in the pond creates ripples that get bigger and bigger as they flow outwards.
The Albatross
VIP Member
Eh nope. I am a So Cal refugee. I left southern California in 1979 and have no intention of ever going anywhere near that state ever again as long as I shall live. I am redneck/southern by choice. Love my home and state, and am tired of national events f'ing up my lifestyle. All y'all have a govenor for Christ's sake. Quit crying for a big sugar daddy and support your state. Good grief. My 6th generation great grandfather was Honest John Hart. Link Removed
He was in Valley Forge with General Washington and I am damn glad I don't have any kids. I am ashamed of my own nation... where is your sense of dignity? My line ends with me and I'm damn glad I'm not passing on this legacy to any of my own offspring. But hey, that's just me.
The Albatross
VIP Member
With all due respect Anthony, your opening post made me laugh my ass off. But hey... you are entitled to your opinion.
Me too...and have had the pleasure of going through bankruptcy in April and enjoyed being served with foreclosure papers just as I was leaving to go to the polls to vote yesterday. How ironic is that!?!
Looking forward to LOTS of fun with four more years of Obama! Lol!
Sincerely,
Dallas.
D
Deleted member 12723
I am happy that Obama won. He pushed the healthcare through and got it. Under his watch we got Osama Bin Laden and others in power and control.
He inherited quite a mess and he said the first time he got elected that it would take time to turn things around.
I believe the republicans have been living in an insulated little world and are out of touch with the facts and with real people.
I hope things turn around. This country is in really bad shape.
So many people are out of work and have quit looking for jobs that are not there anymore.
I think the US will collapse from the inside out. I fear for our country. We will become a third world countr.
I am glad Obama has a plan to get our troups out of Afganistan. We need to focus on the people in this country.
Just my two cents. Toss in the trash if it does not work for you.
He inherited quite a mess and he said the first time he got elected that it would take time to turn things around.
I believe the republicans have been living in an insulated little world and are out of touch with the facts and with real people.
I hope things turn around. This country is in really bad shape.
So many people are out of work and have quit looking for jobs that are not there anymore.
I think the US will collapse from the inside out. I fear for our country. We will become a third world countr.
I am glad Obama has a plan to get our troups out of Afganistan. We need to focus on the people in this country.
Just my two cents. Toss in the trash if it does not work for you.
The Albatross
VIP Member
I don't think it's an REM rerun... "the end of the world as we know it"... but I do have grave concern for the fiscal ramifications of the ideas of the changing demographic and the "perceived" role of government and Federal encroachment onto states rights.
I think that another four years will stretch the middle class to near the breaking point inflationally. A friend online shared that heretofore, our morgage was the largest percentage of our expendature... I think that gas, electricity, insurance, and taxation (municiple, state, fedral) will tip the scale to a near breaking point.
A morgage can be paid off... but monthly expenditures, indefinately... well they will constitue an ever growing (inflation) percentage our our net income outlay... leaving less discretionary income for accidents, illness, natural disaster (being in a hurricane zone)... and basically limiting the ability of most median income families from the ability to SAVE $$$ and provide or augment their own retirement. I predict we'll all be suckling on the teet of the Fed in one way or another in 30 years or less.
Though I intend, for all intensive purposes, to go my own way, as best as my government will allow... and accept the risks of retirement planning in the face of ... well... frankly, an uncertain future.
My grandfather is flipping in his grave. My home has decreased over $85K... the stock market is whimical at best... unless I belong to a union... which I will die before I will ever do... my future is far from secure.
I will starve before I collect the first food stamp, I will not seek disability... unless I am rendered completely unable to work... shame. Shame on the entitlement society... for on my back you will be carried until I break.
I think that another four years will stretch the middle class to near the breaking point inflationally. A friend online shared that heretofore, our morgage was the largest percentage of our expendature... I think that gas, electricity, insurance, and taxation (municiple, state, fedral) will tip the scale to a near breaking point.
A morgage can be paid off... but monthly expenditures, indefinately... well they will constitue an ever growing (inflation) percentage our our net income outlay... leaving less discretionary income for accidents, illness, natural disaster (being in a hurricane zone)... and basically limiting the ability of most median income families from the ability to SAVE $$$ and provide or augment their own retirement. I predict we'll all be suckling on the teet of the Fed in one way or another in 30 years or less.
Though I intend, for all intensive purposes, to go my own way, as best as my government will allow... and accept the risks of retirement planning in the face of ... well... frankly, an uncertain future.
My grandfather is flipping in his grave. My home has decreased over $85K... the stock market is whimical at best... unless I belong to a union... which I will die before I will ever do... my future is far from secure.
I will starve before I collect the first food stamp, I will not seek disability... unless I am rendered completely unable to work... shame. Shame on the entitlement society... for on my back you will be carried until I break.
Red Feather
Diamond Member
The US system and so the elections, put way to much focus on a star. One man that is supposed to solve everybody's problems and holds the most opposing opinions on controversial issues. The more drama the better, and very little efficiency.
I'm just glad I live in Germany. I'm really lucky and grateful.
I'm just glad I live in Germany. I'm really lucky and grateful.
The Albatross
VIP Member
Consider it done.
I'm a veterinarian-for the first time in the history of the US, veterinarians are losing their jobs and losing their practices. New graduates are finding themselves waiting on tables instead of working in hospitals. If people can't pay their mortgages or put food on the table, they certainly can't afford to get Fido his shots or flea medicine. It's unprecedented what has happened to the veterinary industry in the past four years.
Shelters are overflowing with dogs whose owners have had to give them up because they've lost their homes or can't afford to feed them (I am facing the same thing with my own dogs). People are letting their horses loose in the national forests because they can't afford to feed them.
It is a real nightmare here in the US right now, and I didn't hear our dear president propose anything to change the way things are going during his election campaign.
Like I said, we are doomed...:sorry:
Sincerely,
Dallas.
Shelters are overflowing with dogs whose owners have had to give them up because they've lost their homes or can't afford to feed them (I am facing the same thing with my own dogs). People are letting their horses loose in the national forests because they can't afford to feed them.
It is a real nightmare here in the US right now, and I didn't hear our dear president propose anything to change the way things are going during his election campaign.
Like I said, we are doomed...:sorry:
Sincerely,
Dallas.
Whitneys story
Diamond Member
Thank You Albatross! I like it a million.
We HAVE become a third world country...
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