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Author Topic: Are you spending your way to disaster?  (Read 2906 times)

Offline Sixpence

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Are you spending your way to disaster?
« Reply #90 on: October 14, 2003, 04:06:20 PM »
Quote
Originally posted by mietla
Yes, but if the government paid only legitimate bills like defense (including control of immigration), our taxes would be 15% of what they are now.

85% of what they collect now is used to redistribute the wealth and social engineer.


It would be alot easier to understand if you stated exactly where that 85% is spent, who reaped the benefits, etc.

Isn't it funny how a company keeps tab on what is spent, but we don't. It would be nice if there was an exact breakdown of every tax dollar and where it was spent. If there is a link where they show exactly where the money was spent and who recieved it, plz post. Something more than a graph is what I am looking for.
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"My grandaddy always told me, "There are three things that'll put a good man down: Losin' a good woman, eatin' bad possum, or eatin' good possum."" - Holden McGroin

(and I still say he wasn't trying to spell possum!)

Offline mietla

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Are you spending your way to disaster?
« Reply #91 on: October 14, 2003, 04:09:27 PM »
This is 2001, but I bet the structure is roughly the same except that we are probably spending 2.3 - 2.5 trillion now.


Just to give you an idea.

2.0 trillion = 2,000,000,000,000/year

5,479,452,054/day
228,310,502/hour
3,805,175/minute


The now famous and wasteful Clinton investigation cost us less than 15 minutes of federal spending.




« Last Edit: October 14, 2003, 04:19:08 PM by mietla »
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Offline Rude

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Are you spending your way to disaster?
« Reply #92 on: October 14, 2003, 04:18:59 PM »
You're a little too smart for me Miko....just telling me that capital invested in VIABLE ventures reaps success is far beyond me. We invest in only viable venture or we do not invest, as does everyone else I know.

I can see you are much like most anyone with strong opinions...good at telling others what to do while you yourself sit back and watch.

Our company is valued at over 180 mil...not bad for two brothers and a sister....and imagine this, we accomplish this year end and year out all without your great wisdoms.

You come off as slightly full of yourself....no degrees in humility I suppose.

Knock yourself out...I'll just watch.
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Offline Sixpence

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Are you spending your way to disaster?
« Reply #93 on: October 14, 2003, 04:20:46 PM »
That's what I mean, there is no breakdown of exactly where it went.

What is "other mandatory?

What is "net interest"

What is the difference between "medicare" and "medicaid?"

What is "other means-tested entitlements?"

What is "non defense descretionary"?

I mean, can it be broken down further?
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"My grandaddy always told me, "There are three things that'll put a good man down: Losin' a good woman, eatin' bad possum, or eatin' good possum."" - Holden McGroin

(and I still say he wasn't trying to spell possum!)

Offline mietla

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Are you spending your way to disaster?
« Reply #94 on: October 14, 2003, 04:22:09 PM »
Quote
Originally posted by Rude
We invest in only viable venture or we do not invest, as does everyone else I know.
...

Our company is valued at over 180 mil...not bad for two brothers and a sister....and imagine this, we accomplish this year end and year out all without your great wisdoms.


Would you be as successful is the government told you to stop producing whatever your product is, and forced you to build an Amtrak extension instead?
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Offline Sixpence

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Are you spending your way to disaster?
« Reply #95 on: October 14, 2003, 04:23:40 PM »
Quote
Originally posted by mietla
Would you be as successful is the government told you to stop producing whatever your product is, and forced you to build an Amtrak extension instead?


*Scratches head*
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"My grandaddy always told me, "There are three things that'll put a good man down: Losin' a good woman, eatin' bad possum, or eatin' good possum."" - Holden McGroin

(and I still say he wasn't trying to spell possum!)

Offline mietla

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Are you spending your way to disaster?
« Reply #96 on: October 14, 2003, 04:23:53 PM »
Quote
Originally posted by Sixpence
That's what I mean, there is no breakdown of exactly where it went.

What is "other mandatory?

What is "net interest"

What is the difference between "medicare" and "medicaid?"

What is "other means-tested entitlements?"

What is "non defense descretionary"?

I mean, can it be broken down further?


All of it but the defense is a wealth transfer from some people to others.

Do some your own searching/reading will ya....
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Offline mietla

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Are you spending your way to disaster?
« Reply #97 on: October 14, 2003, 04:25:39 PM »
Quote
Originally posted by Sixpence
*Scratches head*


you don't even have to duck when the point goes your way, do you?
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Offline Sixpence

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Are you spending your way to disaster?
« Reply #98 on: October 14, 2003, 04:26:06 PM »
Quote
Originally posted by mietla
All of it but the defense is a wealth transfer from some people to others.

Do some your own searching/reading will ya....


That is it, I can't find out where the money actually went. That's why i asked.
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"My grandaddy always told me, "There are three things that'll put a good man down: Losin' a good woman, eatin' bad possum, or eatin' good possum."" - Holden McGroin

(and I still say he wasn't trying to spell possum!)

Offline Sixpence

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Are you spending your way to disaster?
« Reply #99 on: October 14, 2003, 04:27:25 PM »
Quote
Originally posted by mietla
you don't even have to duck when the point goes your way, do you?


Nope, you lost me, i'm just a simple mind, sorry.
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"My grandaddy always told me, "There are three things that'll put a good man down: Losin' a good woman, eatin' bad possum, or eatin' good possum."" - Holden McGroin

(and I still say he wasn't trying to spell possum!)

Offline Zippatuh

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Are you spending your way to disaster?
« Reply #100 on: October 14, 2003, 04:35:37 PM »
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Originally posted by Ripsnort
I rarely have cash. My wallet is full of credit cards, one for gas, one for the grocery store, one for getting cash out of the bank, etc. etc.

The key is...the balances are paid for at the end of each month, prior to the billing cycle (and in some cases, the interest cycle)


Don’t get me wrong, I use ‘em and rarely carry cash… but it’s a debit card and comes right out of the checking.

Everything else is Amex.

If they don’t take that then I have a backup MC that gets paid immediately.

I do often kick myself for not taking advantage of the “point” thing.  I doubt that I ever will.  I’m kind of lazy about stuff like that.
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Offline Rude

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Are you spending your way to disaster?
« Reply #101 on: October 14, 2003, 04:40:33 PM »
Quote
Originally posted by mietla
Would you be as successful is the government told you to stop producing whatever your product is, and forced you to build an Amtrak extension instead?


Not sure I understand the question....the private sector is just that...private. The government does not dictate to us what we do with our money.
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Offline funkedup

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Are you spending your way to disaster?
« Reply #102 on: October 14, 2003, 04:43:38 PM »
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Originally posted by Rude
The government does not dictate to us what we do with our money.


You mean the 50% of the money they DON'T confiscate before we even see it...
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Offline Rude

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« Reply #103 on: October 14, 2003, 04:45:36 PM »
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Originally posted by funkedup
You mean the 50% of the money they DON'T confiscate before we even see it...


Of course:)
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Offline mietla

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« Reply #104 on: October 14, 2003, 05:01:23 PM »
Quote
Originally posted by Sixpence
Nope, you lost me, i'm just a simple mind, sorry.


My point was that Rude is successful because he decides (whether he uses Miko's "smarts" or not) how to invest his money and what product to deliver.

Had a government force him to stop of what he is successfully doing and told him to invest in an inherently unprofitable public transportaion, he would lose his business.

Only the government can decide to produce things that no one needs/wants and subsidize them forever for a "greater good".
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