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Thread: US gubmint shutdown + default + subprime sequel?

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  1. #11
    Part-Time Polemic Senior Member ICantSpellDawg's Avatar
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    Default Re: US gubmint shutdown + default + subprime sequel?

    I'm really impressed with Boehner, he is negotiating really well. He knows that Obama cannot let this default happen, but he is still returning to the table to show him that a deal is possible. I have a feeling that this deal is going to be really good - increased 1+trillion in revenues while lowering tax rates and "simplifying" tax codes plus an additional 3+trillion cut to the debt over 10 years. 4+ plus in debt reduction over 10 years without "raising" taxes. This will most likely happen this week.

    Or we could get a forced 44% cut instantly. Either way, this government is going to be slashed mercilessly and funding will be forced to go to necessary functions rather than the fluff. The government should be privatizing services at this point.

    When will they understand that nobody owns their own property? We are merely renting from the government under the guise of "taxes". Any privatization would be under a similar agreement. The government still owns everything and controls critical functions through regulation, why not charge people rent instead of running it yourself? Generate revenue, create growth potential... Win,Win
    Last edited by ICantSpellDawg; 07-24-2011 at 01:48.
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