Tomah Journal - Opinion

re massive wrote on Aug 9, 2007 6:00 PM:

" Man you hit the nail on the head. The chinese and other countries have been buying large amount of our bonds (debt) for years now. And we wonder how we can be getting all this crap from china that is unhealthy for our populace. When china and these other countries get enough of our bonds they will decide its time to pay. Dont be surprised its at a bad time for our economy. Its scarey when our major companies are profitting everywhere in the world accept the US. They will be leaving like cockroaches when the lights are turned on with all of the jobs also. "

TO "re lower taxes" wrote on Aug 9, 2007 2:38 PM:

" A question for you. If the nasty re-pub-lick-ans did all that nasty cutting of the money for the elderly, poor, young children, homeless, unemployed etc. then why are we still paying more money for all of that than at any time in history? I would think that all that tax money would fix (like in eliminate or lessen) the problem. I don't have exact numbers in front of me, but most of your "cut" didn't happen. The gov't do gooders just got less than they actually wanted, which they conveniently call a cut. I'm with you Elaine. "

Massive debt created false Bush prosperity wrote on Aug 9, 2007 8:58 AM:

" �It [this new budget approach] will retire nearly $1 trillion in debt over the next four years. This will be the largest debt reduction ever achieved by any nation at any time.� - President George W. Bush, February 28, 2001. � During the four years following that Bush administration initiative, instead of reducing the national debt by $1 trillion, the federal government actually increased it from $5.7 trillion to $7.7 trillion. Now, seven years later, the national debt stands at $8.9 trillion.� From THE DOLLAR UNDER SEIGE by Michael J. Kosares, on the gold-eagle.com web site. Furthermore, we don�t owe this debt to ourselves as some would contend nor was this debt invested heavily in productive enterprises that would aid repayment. More than half of it, with interest, is owed to Japan, China, India, and other foreign governments. Rather than taxing us and paying the bills, we have been sold out to foreign governments. They own us, and when you own something, who controls it? "

Credit (debt) expansions and contractions wrote on Aug 7, 2007 2:33 PM:

" Warren Buffet, the renowned billionaire investor, once remarked that if you lent him two billion dollars every day he could show you a helluva good time too, that is, until the time for repayment came. Debt must either be repaid or liquidated, or both. Any of these actions have economic consequences for the borrower. You claim that the current false U.S. prosperity is from Bush tax cuts or other economic and political irrelevancies. Instead, China and Japan have financed the bulk of this current phony prosperity. When their money stops and time for repayment comes, there will be enormous negative economic consequences because their money was used mostly for a false prosperity of consumption, not production. "

re lower taxes wrote on Aug 6, 2007 9:41 PM:

" Well if your formula is right then we should just quit paying taxes and we all will be rich. That sounds great. And I lived through those great 80's and as all Republicans then and now the money that they cut are for the elderly, poor, young children, homeless, unemployed etc. That is so they can afford the tax cuts for the wealthy and for business. Nice job. Lets just get rid of all the bottomfeeders of the country. And also we have to have a strong military so we can run into country after country and demand democracy as we see it on them. So yes we have to raise our military spending by billions to help save our freedom to be poor, elderly, young, and unemployed. "

No relationship between taxes and economy wrote on Aug 6, 2007 8:36 PM:

" Higher taxes do not necessarily constrict an economy, nor do lower taxes expand it. You are confused about the current economic situation. The Yen carry trade has expanded the cheap world money supply and credit, and world economies are awash in money and hence the boom. The bust is just starting in credit contraction from bad loans in housing and derivatives. We have gone through hundreds of years of these credit expansions and contractions. Your claim that this last expansion is the largest will soon be turned to dust, as all the malinvestment in housing will come home to roost. Malinvestment may pump up the economy for years, but it is still malinvestment. You are the one with little knowledge of economic processes. Forty years ago I heard all these same arguments about Social Security, that it would be finished by the time I retire, etc., etc., etc. Forty years from now it will be the same. "

LOWER TAXES EQUALS MORE MONEY wrote on Aug 6, 2007 3:31 PM:

" when you raise taxes you constrict the economy, you would think after living through this in the 80's and today and seeing the LARGEST EXPANSION OF OUR ECONOMY IN HISTORY in the past 5 years it would be proof. Democrats say well look at the 90's. OKAY LETS... first off the first 2 years of Clinton's terms was lead off with the largest TAX INCREASE IN HISTORY and guess what the economy DIES COMPLETELY until the tax cuts 2 years later that lead to a large expansion, then the we were lied to BIG TIME with the Y2K scare directed from the Clinton whitehouse, and all the ERONS',WOLDCOMS, TYCOS were all done from 96 to 2001 when they got caught. We are now in the 5th year of a TRUE EXPANSION even with the war and the sub-prime faulting we are still growing the economy. If you take less money of lets say 210 as compared to a higher percentage of 50 you will have more money. This is what Democrats fail to understand they have no clue as to how the economy works nor to half the people in the USA "

Re; Same old silliness = correct wrote on Aug 6, 2007 3:30 PM:

" All one can do is listen to conservatives. Here is their repetitive and boring message: Liberals are to blame for tooth decay. Liberals are to blame for cancer. Liberals are to blame for air pollution. Liberals are to blame for global warming. Liberals are to blame for traffic accidents. Liberals are to blame for conservative's mistakes. Liberals are to blame for (you fill in the blank). Apparently they do not realize the ridiculous illogic of universally blaming every perceived negative thing on a specific group of people. That is no different from constantly blaming everything on Catholics, dead white men, or Chicago Bear fans. The Bear fans might be an exception, though. "

WHY TAX SOCIAL SURITY? BECAUSE THE CAN wrote on Aug 6, 2007 3:24 PM:

" Social Security is a TOTAL rip-off, This has been a HUGE CASH COW FOR THE POLITICIANS FOR YEARS. They have taken our money and spent it on stupid programs and for what? just to get re-elected to steal more money.....First off Social Security should be done away with. PERIOD...The people that are collecting now can keep collecting but why not let the younger ones put there own money away? This would create enormas wealth for that retiring class.I have had a 401k for 10 years and when I retire I will have 3 times the money from my 401k than my social security and the social security takes over twice as much.....WE ARE GETTING RIPPED-OFF IN THE WORST WAY AND THE LIBERAL MEDIA WILL NOT REPORT THE TRUTH and forget the democrats they have to have it survive the way it is to keep STEALING OUR MONEY "

RE:same old silliness wrote on Aug 6, 2007 3:16 PM:

" YES it is the same old silliness, but your wrong who is really silly? It's these people wanting new taxes for bridges like 35w, when in fact there is more then ENOUGH MONEY available to fix these items if the state politicians don't STEAL the money to run there local pet projects...... You don't even have a clue as to the hundreds of BILLIONS taken in every year by the feds and given back to the states for road repair............... BUT HERE IS THE FACTS the states like Minnesota has just done was to decided to spend 85% of fed money on NEW PROJECTS like RAIL that is not part of the infrastructure today...... these Expensive programs are years from happening but they sure make a lot of money for friends and neighbors of the politicians.....All Federal and State money collected from the outrageous Fuel taxes collected should have to go to EXISTING INFRASTRUCTURE FIRST, then to pet projects....This is GOVERNMENT CORRUPTION AT IT'S BEST.....MORE TAXES FOR WHAT? It's not like they are being held accountable now, just imagine more money in the hands of THIEVES AND LIARS "

same old silliness wrote on Aug 6, 2007 7:48 AM:

" If you listen long enough to conservatives you will start tobelieve we can run this country with no taxes at all. Ask the floks who crashed to their deaths off the bride in Minnesota if we need taxes to rebuild our infratstructure. Spending wisely yes but we need to tax oursleves to get the things done that need to be done. "

Greedy politicians wrote on Aug 1, 2007 7:58 PM:

" Many of those greedy politicians are also Republicans and conservatives. This is just another slam at the bogeyman "liberals" that these people conjure up on which to blame everything. That is their only tune. Blame the liberals for this. Blame the liberals for that. "

also??? wrote on Aug 1, 2007 12:44 PM:

" Its apparent that Elaine must not like her fire and police services. Having the roads plowed during the winter. Having murderers and rapist kept behind bars for her safety. Having her children or grandchildren or other young kids get a good education and college degree. The ever so money contious conservative Republicans can say cut taxes but the bills will still be there for these services. They talk the talk but when it comes to walking the walk they spend billions on war or new cabinets (homeland security) but want to cut elderly meals and poor kids school lunch money. Nice group of people. "

??? wrote on Aug 1, 2007 12:38 PM:

" Isnt Social Security a tax to start out. Isnt it then a double tax to tax social security when getting it when retired. It is a social secruity tax on my check and if (probably wont see it) I retire then why is it taxed again?? Its not a considered a retirement account but an entitlement by the gov. Why tax it a second time? "

Bill Woessner wrote on Jul 30, 2007 9:05 AM:

" If you believe that one red cent of your Social Security income shouldn�t be taxed You said it, yourself. Social Security is income. We have an income tax in this country. Explain to me, exactly, why Social Security income shouldn't fall under the income tax. "

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