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Austerity USA begins March 1st: Bipartisan project to impoverish the American people

 
Lazy_Dog

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02/25/2013 10:26 AM

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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
A last minute deal will be reached.
 Quoting: Anonymous Coward 33351892


^^ THIS ^^

Politicians love to save things for the last minute, this way they can say "Look how hard and late we worked to prevent this from happening".
Anonymous Coward
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02/25/2013 10:29 AM
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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
all hell is going to break loose
Anonymous Coward
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02/25/2013 10:37 AM
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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
So we don't want to have less govt workers? I thought we did? We don't want to get rid of welfare or reduce it? I thought we wanted that? We don't think govt pensions are ridiculously high? I thought we did? We don't think there is enormous waste and fraud in medicare? I thought there was?

I understand these might not be the right cuts at the right time, but you know all these programs need some trimming.

So when do we trim? Really it would be great to trim some of the employees in congress, but that is another subject.

We all react to these shock stories, but do we have all the details?

Will these cuts help to reappropriate monies to better programs? They might, but we all just sit here reacting without all the info.

Maybe we should get behind these cuts and more! Shake it up and get the ball rolling of the crash and fix that is inevitably coming.
biscuits and gravy

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02/25/2013 11:03 AM

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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
bump
Winners Always Win
losers always lose
Anonymous Coward
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02/25/2013 11:06 AM
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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
its 2.3 fucking percent of budget

how is this a problem?

my taxes went up 2% and noone gives a shit in the govt
Anonymous Coward
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02/25/2013 11:07 AM
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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
A last minute deal will be reached.
 Quoting: Anonymous Coward 33351892


^^ THIS ^^

Politicians love to save things for the last minute, this way they can say "Look how hard and late we worked to prevent this from happening".
 Quoting: Lazy_Dog




some of the cuts kick in march 1st


they agreed this in January,its going to happen
Indysmindy (OP)

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02/25/2013 11:42 AM

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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
A last minute deal will be reached.
 Quoting: Anonymous Coward 33351892


^^ THIS ^^

Politicians love to save things for the last minute, this way they can say "Look how hard and late we worked to prevent this from happening".
 Quoting: Lazy_Dog


It's almost as if we are waiting for a fatal diagnosis from the Dr. We have all the symptoms and pain and it's all there, but we have to actually wait till it is announced and takes full effect on us.

However, it's now or later.
**The first step to salvation is to realize that we are all sinners:
Romans 3:10 As it is written, There is none righteous, no, not one:
Romans 3:23 For all have sinned, and come short of the glory of God; Romans 6:23
23 For the wages of sin is death; but the gift of God is eternal life through Jesus Christ our Lord.
Indysmindy (OP)

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02/25/2013 11:42 AM

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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
bump
**The first step to salvation is to realize that we are all sinners:
Romans 3:10 As it is written, There is none righteous, no, not one:
Romans 3:23 For all have sinned, and come short of the glory of God; Romans 6:23
23 For the wages of sin is death; but the gift of God is eternal life through Jesus Christ our Lord.
Indysmindy (OP)

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02/25/2013 11:46 AM

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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
So we don't want to have less govt workers? I thought we did? We don't want to get rid of welfare or reduce it? I thought we wanted that? We don't think govt pensions are ridiculously high? I thought we did? We don't think there is enormous waste and fraud in medicare? I thought there was?

I understand these might not be the right cuts at the right time, but you know all these programs need some trimming.

So when do we trim? Really it would be great to trim some of the employees in congress, but that is another subject.

We all react to these shock stories, but do we have all the details?

Will these cuts help to reappropriate monies to better programs? They might, but we all just sit here reacting without all the info.

Maybe we should get behind these cuts and more! Shake it up and get the ball rolling of the crash and fix that is inevitably coming.
 Quoting: Anonymous Coward 18681750



Well, on our local news this morning, they said Obama is now talking with congress and telling them which cuts will be made to each state.
**The first step to salvation is to realize that we are all sinners:
Romans 3:10 As it is written, There is none righteous, no, not one:
Romans 3:23 For all have sinned, and come short of the glory of God; Romans 6:23
23 For the wages of sin is death; but the gift of God is eternal life through Jesus Christ our Lord.
Indysmindy (OP)

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02/25/2013 11:53 AM

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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
all hell is going to break loose
 Quoting: Anonymous Coward 831180


We'll see, it's now or later on. We are a ticking time bomb right now.
**The first step to salvation is to realize that we are all sinners:
Romans 3:10 As it is written, There is none righteous, no, not one:
Romans 3:23 For all have sinned, and come short of the glory of God; Romans 6:23
23 For the wages of sin is death; but the gift of God is eternal life through Jesus Christ our Lord.
Anonymous Coward
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02/25/2013 01:17 PM
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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
do you people even know what furlough means? it's the equivalent of a pay cut, ~5% of 800,000 civilian contractors who already make obscene amounts of money. retards.
Anonymous Coward
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02/25/2013 01:22 PM
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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
Good.

It's a start.
Indysmindy (OP)

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02/25/2013 01:44 PM

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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
do you people even know what furlough means? it's the equivalent of a pay cut, ~5% of 800,000 civilian contractors who already make obscene amounts of money. retards.
 Quoting: Anonymous Coward 1547105


You need to do some research on who it effects and means as well. Furlough means days that will be cut from their work week and means $ is also cut from their pay. This involves our military as well. I know enlisted do not make a lot of money.


Updated article:
[link to www.stripes.com]



“I feel like a lot of folks have given in that this is inevitable,” he said. “That is very interesting, unless you are standing here in the gym at Yokota looking at all the people who will be affected.”

If and when the furlough is implemented, it will be illegal for furloughed employees to work without pay or even to respond to official emails or phone calls on the days they are off, he said.

Furloughed employees must take two full days off per pay period, he said. They can’t take partial days off as part of the furlough.

Last Edited by Indysmindy on 02/25/2013 01:44 PM
**The first step to salvation is to realize that we are all sinners:
Romans 3:10 As it is written, There is none righteous, no, not one:
Romans 3:23 For all have sinned, and come short of the glory of God; Romans 6:23
23 For the wages of sin is death; but the gift of God is eternal life through Jesus Christ our Lord.
Indysmindy (OP)

User ID: 2731277
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02/25/2013 01:45 PM

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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
bump
**The first step to salvation is to realize that we are all sinners:
Romans 3:10 As it is written, There is none righteous, no, not one:
Romans 3:23 For all have sinned, and come short of the glory of God; Romans 6:23
23 For the wages of sin is death; but the gift of God is eternal life through Jesus Christ our Lord.
Indysmindy (OP)

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02/25/2013 04:12 PM

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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
[link to www.nbclosangeles.com]


California Would Lose $500 Million Under Sequestration

If Congress fails to reach a budget deal this week, California will lose more than $500 million in funding for schools, the military, disability services and other federal spending, according to a report released by the White House.

More: Specifics on how California will be affected

The steep cuts, put into place in 2011 as a way to dissuade the ever-feuding Democrats and Republicans in Washington from refusing to reach a deal, are set to go into effect March 1. They have become known in politcal jargon as "sequester cuts," or "sequestration."
**The first step to salvation is to realize that we are all sinners:
Romans 3:10 As it is written, There is none righteous, no, not one:
Romans 3:23 For all have sinned, and come short of the glory of God; Romans 6:23
23 For the wages of sin is death; but the gift of God is eternal life through Jesus Christ our Lord.
Indysmindy (OP)

User ID: 2731277
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02/25/2013 04:12 PM

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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
bump
**The first step to salvation is to realize that we are all sinners:
Romans 3:10 As it is written, There is none righteous, no, not one:
Romans 3:23 For all have sinned, and come short of the glory of God; Romans 6:23
23 For the wages of sin is death; but the gift of God is eternal life through Jesus Christ our Lord.
Maguyver

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02/25/2013 05:46 PM

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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
[link to www.nbclosangeles.com]


California Would Lose $500 Million Under Sequestration

If Congress fails to reach a budget deal this week, California will lose more than $500 million in funding for schools, the military, disability services and other federal spending, according to a report released by the White House.

More: Specifics on how California will be affected

The steep cuts, put into place in 2011 as a way to dissuade the ever-feuding Democrats and Republicans in Washington from refusing to reach a deal, are set to go into effect March 1. They have become known in politcal jargon as "sequester cuts," or "sequestration."
 Quoting: Indysmindy


What is California loosing? What they are not getting is the USUAL INCREASE. A bunch of scare mongering from the White House. They just want to keep spending and spending without regard to the consequences.

I feel the sequestration is the ONLY way to get these bozo's in Washington to cut anything. The cut THIS YEAR will be $85 billion. That is less than the increase in spending this year.

The cuts are in discresionary and pentagon spending. Welfare, Social security, medicare, medicaid, and interest on the debt are non-discressionary: no cuts there.

cheers
Adversity is inevitable, misery is optional.

Do or do not. There is no try.

"The enemy will never attack where you are strongest...He will attack where you are weakest. If you do not know your weakest point, be certain, your enemy will." Sun Tzu
Anonymous Coward
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02/25/2013 06:33 PM
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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
"One manufactured crisis to the next" ~~barak obama
Devoted Follower
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02/25/2013 06:42 PM
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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
Good...

Bring the pain.
Anonymous Coward
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02/25/2013 06:45 PM
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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
This is not hatred of anyone, but its tough love. If your an american and dont have a job its your own damn fault. I admit about 10% of the us population is very lazy and I dont care one bit if they lose some benefits. I have a great job and yet I still take care of myself. I make my own wine and ale, grow vegetables in the season and can the left overs for the fall and winter. Go deer hunting in the season and thats easy meat thats alot more healthy then anything you can find in a store. None of that is complicated at all yet some americans wouldnt have the slightest idea how to even start a garden, load a rifle, or ferment juice. People cant take care of themselves anymore and I say good riddens when they perish inspite of all the self help available today.
Anonymous Coward
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02/25/2013 07:16 PM
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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
Turning 600,000 hungry individuals on the street to fend for themselves is bound to leave a mark.
Anonymous Coward
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02/25/2013 07:29 PM
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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
A last minute deal will be reached.
 Quoting: Anonymous Coward 33351892


We hope. The first link just came out n hour ago. They might be trying to scare us or it could be true. We'll see
 Quoting: Indysmindy


With Congress unlikely to stop deep automatic spending cuts that will strike hard at the military, the fiscal stalemate is highlighting a significant shift in the Republican Party:

Writing in the conservative Weekly Standard, William Kristol, a Republican hawk, excoriated Republicans for being “so desperate for a ‘victory’ over Obama” that they were “willing to sacrifice national defense for minor cuts in domestic spending..."

so many rank-and-file Republicans adamant that they would rather see the cuts stand than raise any taxes..


[link to www.nytimes.com]

So defense cuts proportionately greater than any other.

Bring it on!
Elsabiades...
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02/25/2013 07:34 PM
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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
Sequestration is the best and most positive thing which has occurred to this country in my 50 years of life....
Anonymous Coward
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02/25/2013 07:43 PM
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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
I have friends in the military in VA. If they furlough 800,000 like they say they're going to, it would probably shut down most of the Norfolk/VA Beach area.

It's really scary.
 Quoting: abeliever


What's scary is when the crash that started in 2008 resumes. They have just papered over the stinking debt pile that has accumulated for over 30 years with more debt. Our economy has been gutted, we export debt in trade for plastic crap made in China. Every dollar of debt in this so called stimulus making up the recovery has already been consumed either in government spending or inflating stock prices, which are phantom assets and won't be realized after the next crash.

Our government has 2 choices. It can either do the responsible thing and let this depression go full blown and liquidate the non-performing mal-invested debt (which means a lot of people fail and go bankrupt) and allow interest rates to rise to build capital for new investment. But allowing interest rates to rise will force a reduction of government spending by at least 1/2. The sequester is less than $100 billion in cuts a year. Imagine cutting government spending by 1/2!

Or it can try and inflate the debt away with exponentially increasing amounts of new debt that will also have carrying costs. But the 2nd way leads to hyperinflation, destruction of the currency and possibly our form of government.

I really think they will try the second route as they always think they can get away with things before their term is over and profit in the interim from their crony connections.

Something has to be done, and this sequester isn't even close.

,
 Quoting: Anonymous Coward 961432


They can't inflate it away nor can they liquidate it.

It's leveraged 50 to 1 or better and thats what everyones wealth (including yours and mine) and their (financial institutions) valuation (stock price/value) is. All they can do is keep the "leveraged stacked debt derivatives" suspended/supported with reserves. If anywhere in the chain fails, it all fails. QE4ever !
 Quoting: Anonymous Coward 34837866


They can liquidate it, its called bankruptcy. People got into their various retirement plans, they invested their money there, they were responsible for doing their due diligence. This is most of the problem we have today is people expecting the government to do everything for them, including protecting them from their own stupid decisions.

If they continue to monetize both government debt and the fraudulent derivatives you mentioned, then they will destroy the currency its just a matter of time. The fed will have to begin to print derivative currency in order to meet their deficit between treasury bonds held and incoming payment streams from non-performing commercial paper they purchased from the member banks. This will induced second order inflation, resulting in hyper-inflation when the dollar is dumped as the world's reserve currency.

If you have such faith in the gigantic ponzi scheme being run by wall street, the fed and congress then you should buy this most recent dip.

pennywise
Elsabiades....
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02/25/2013 07:44 PM
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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
Bump for Sequestration !
Anonymous Coward
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02/25/2013 08:08 PM
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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people


Coming to your neighborhood and town the day the EBT cards get cut off.

Except it will be 10 thousand times worse.
Anonymous Coward
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02/25/2013 08:17 PM
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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
A last minute deal will be reached.
 Quoting: Anonymous Coward 33351892


^^ THIS ^^

Politicians love to save things for the last minute, this way they can say "Look how hard and late we worked to prevent this from happening".
 Quoting: Lazy_Dog


Yeap ..but They caused all of this in the first place!
Anonymous Coward
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02/25/2013 08:18 PM
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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people


Coming to your neighborhood and town the day the EBT cards get cut off.

Except it will be 10 thousand times worse.
 Quoting: Anonymous Coward 31197155


The pile of dead bodies around my house should be a deterrent even for the most retarded Obama voter!
Anonymous Coward
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02/25/2013 08:57 PM
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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
And the Obama's just spent your tax dollars on Michelle Obama's Oscar Production....


How much did that cost us?

These people will stop at nothing.
 Quoting: abeliever


I'd feel sick to my stomach if I dwelt on what I read or hear about how much they spend on things - anything they spend or do is always outrageous!
 Quoting: Indysmindy


It's exactly that type of attitude that got this country in the jam we are in now. Just bend over and let the government dry run your buns just as long as you don't have to hear,see, or deal with the reality of the situation. Just pretend it dosent exist and it will go away.....right? They know they can get away with it because no one is going to do a damn thing about it. They are counting on people like you who don't want to hear the severity of what's going on and can be forgotten about with a nice mind-numbing episode of American Idol or the Bachelor. s226
Isis One

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02/25/2013 08:59 PM

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Re: Austerity USA begins March 1st: Bipartisan project to impoverish the American people
Maybe that's what it will take for us to institute our rights as sovereign citizens. Type OPPT in GLP's search box and check it out.
Spread the word, change the collective conscious......
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