and America takes another one in the........
Posted on 04/06/2010 5:36:44 PM PDT by Bigtigermike
Edited on 04/06/2010 5:41:04 PM PDT by Admin Moderator. [history]
The United States should consider raising taxes to help bring deficits under control and may need to consider a European-style value-added tax, White House adviser Paul Volcker said on Tuesday.
(Excerpt) Read more at guardian.co.uk ...
I like #2 but it will have the effect of killing local commercial outlets in rural communities. We’ll just switch back to a trade and barter system, and the fed will be none the wiser that we even exist.
-Oz
If the general public had 50% of my knowledge of psychology, sociology, and economics (and how they effect one another)the White House would be burning right now! As soon as these new taxexs are implemented Volker’s office will probably have to be checked for suit-case nukes on a daily basis. I can’t imagine what Obamanauts will do when they see and experience the fallout of his policies! I feel sorry for you city folk. You’ll suffer the worst because you don’t have room for cattle, or farming. This will mean that your ability to participate in barter will be very limited and costly.
-Oz
That doesn't happen at the ballot box, not when the majority of the electorate is dependent on government for its livelihood.
Its good to be King and live inside the Beltway where everyday is Christmas and there is never a recession or a hard days work going on.
Oh, yeah, they’ll continue to raise taxes frantically and in bizarre ways. But that won’t stop the default from happening. Government employees and special interest recipients often consider themselves to somehow be the great taxpayers. But such tax paying is rather circular, and they are the most hoggish of welfare consumers. Prepare for the sovereign debt crisis. The so-called recoveries are only good for buying time and making the inevitable more severe.
On the bright side, a default will be an opportunity to rebuild with much smaller government and leaders who aren’t affirmative action figureheads for anti-American constituents. It will be an opportunity to get some men back in leadership.
So avoid unnecessary personal purchases. Become more self-sufficient every month, and start a hobby at making something useful—a necessity.
And BTW, we’ve already seen globalization. We’re about to see the house of cards fall: deglobalization, if we can keep it.
Thanks, Volker. How about another entitlement while youre at it ?
and America takes another one in the........
Yes, absolutely ... and we should never ever for one second consider that Government is too GD big and bloated and expensive and needs to be whittled down to size ... Only that it should grow and grow and grow and get bigger and bigger and bigger ...
FU Volcker and FUBO.
The elites are all talking as if the VAT is a done deal. I see little resistance to it in the press, although there is some.
They won’t be able to get this through Congress before November. But if the pubbies capitulate, it’s done. The TPers should make this an issue loud and clear.
Bring it on, a**holes...
I totally agree. 0bozo the sonof0bitch commie pig & the demoRATs in Congress & States, have corrupted the voting process & judicial process so badly, that 12-14 States (led by Texas & Oklahoma hopefully) need to secede from the Union in order to drive the point home AND to drive 0bozo & his fellow demoRAT commie pigs out of Washington DC and into the federal penitiary or to the gallows. Secession is the only way this country will wake up and throw the current demoRAT bastards out of office.
How long until America elects another Democratic president?
“The United States should consider raising taxes to help bring deficits under control and may need to consider a European-style value-added tax, White House adviser Paul Volcker”
Well Hi T, all fine and good for all the fellas and gals who seem to enjoy being right about what is being wrong. But where is Paul coming from with this pap? Curios and cruiser indeed.
R.
tax and spend, tax and spend, dominate the people with their own money. bush was tax and spend lite.
Tax rates will rise when the Bush tax cuts expire at the end of the year.
...and the most important point is that a politician never needs to raise taxes again as inflation does it for you.
blackmarket baby.....
gee I'll be in my 60s and I'll be a criminal....after all these years of faithful taxpaying service to my country....
when is that “day” going to come?....honestly, we’ve been hearing about “it” coming and nothing happens..they just print more money.....
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