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<blockquote data-quote="Charlie Zureki" data-source="post: 33848" data-attributes="member: 153">Re: 2011 U.S. Budget Cut in Perspective&nbsp;&nbsp; Ok... I made a flippant remark about the Wall Street Bankers getting their bailout (which I was for) and bonuses (which I was NOT for)... but, that was a valid point in regards to this U.S. Budget deficit.&nbsp;&nbsp; They got money and the American people paid for it. While the Banks got bailed...other closely related sectors of our economy did not....Housing, Insurance (they only raised their rates to off-set their losses)etc...&nbsp;&nbsp; In regards to my statement asking what the other Countries might do....It&#039;s a valid question.&nbsp; Are they going to continue to trade with us? Are these foreign investors that hold so much of our security, going to start selling their American Stocks, Bonds, and US treasury Bonds and Certificates?&nbsp; Are the Countries that are currently on the verge of bankruptcy going to be bailed out...are WE going to bail them out, absorbing their debt? &nbsp;&nbsp; JR&#039;s response includes the Elephant in the room that no one still wants to acknowledge.... these damn Wars and &quot;police actions&quot;.&nbsp; How much of&nbsp; our debt is from this cost alone?&nbsp; Combined with our loss of income taxes from outsourcing American jobs? ....with the cost of the 110+ new Federal Agencies enacted in the last 10 years?&nbsp;&nbsp; With Illegal Aliens and Legal Aliens sending home 100&#039;s of Billions of Dollars, which would normally be spent in this Country?&nbsp;&nbsp; With the International trade laws favoring everyone else but Americans? &nbsp; Big American Corporations not paying any Tax...GAO (Government Accounting Office) study from 1996 to 2000 found that 61% of US based Corporations paid NO income Tax.&nbsp; With Larger Corporations with assets of at least $250 Million or gross receipts of at least $50 Million....71% did not pay any Tax.&nbsp; &nbsp;&nbsp; It&#039;s all going out, but, nothings coming in.&nbsp;&nbsp; What did anyone expect to happen? &nbsp;&nbsp; What do you consider a reasonable discussion?&nbsp; &nbsp;&nbsp; And why are you calling me a Troll...because you didn&#039;t like my response? &nbsp; Hammer</blockquote>

[QUOTE="Charlie Zureki, post: 33848, member: 153"] Re: 2011 U.S. Budget Cut in Perspective Ok... I made a flippant remark about the Wall Street Bankers getting their bailout (which I was for) and bonuses (which I was NOT for)... but, that was a valid point in regards to this U.S. Budget deficit. They got money and the American people paid for it. While the Banks got bailed...other closely related sectors of our economy did not....Housing, Insurance (they only raised their rates to off-set their losses)etc... In regards to my statement asking what the other Countries might do....It's a valid question. Are they going to continue to trade with us? Are these foreign investors that hold so much of our security, going to start selling their American Stocks, Bonds, and US treasury Bonds and Certificates? Are the Countries that are currently on the verge of bankruptcy going to be bailed out...are WE going to bail them out, absorbing their debt? JR's response includes the Elephant in the room that no one still wants to acknowledge.... these damn Wars and "police actions". How much of our debt is from this cost alone? Combined with our loss of income taxes from outsourcing American jobs? ....with the cost of the 110+ new Federal Agencies enacted in the last 10 years? With Illegal Aliens and Legal Aliens sending home 100's of Billions of Dollars, which would normally be spent in this Country? With the International trade laws favoring everyone else but Americans? Big American Corporations not paying any Tax...GAO (Government Accounting Office) study from 1996 to 2000 found that 61% of US based Corporations paid NO income Tax. With Larger Corporations with assets of at least $250 Million or gross receipts of at least $50 Million....71% did not pay any Tax. It's all going out, but, nothings coming in. What did anyone expect to happen? What do you consider a reasonable discussion? And why are you calling me a Troll...because you didn't like my response? Hammer [/QUOTE]

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