Comments on: Debt Commission Dross https://barelyablog.com/debt-commission-dross/ by ilana mercer Wed, 02 Apr 2025 19:29:09 +0000 hourly 1 By: Myron Pauli https://barelyablog.com/debt-commission-dross/comment-page-1/#comment-13345 Wed, 17 Nov 2010 15:40:47 +0000 http://barelyablog.com/?p=31202#comment-13345 Schumer is completely unapologetic on his massive spending – and the deficit problem can be solved by merely taxing N Warren Buffets as N goes to infinity. All that is fine except that when the marginal tax rates go way up, N goes down! We quickly run out of Buffets to gouge.

Rand Paul is better but disappointing with his hemming and hawing. Don’t touch Veterans Benefits – well what about future Veterans Benefits? Why should the Federal Government be running a network of VA Hospitals? Why should Veterans get “retirement pensions” in their 40’s which they collect for the next 50 years? And how do you treat them in the VA Hospital if you arbitrarily cut the federal staff by 10% – does this reduce the number of heart attacks by 10%? Do you replace the 10% with Blackwater Nurses instead?

Do you send men back to the moon with 10% less federal workers or do you just say that sending men back to the moon is unnecessary and should be CUT???

America needs LESS GOVERNMENT – not accounting gimmicks!

Schumer proposes more statism while Paul relies on gimmickry to balance the budget – all [POLITICALLY and FINANCIALLY] painless, of course!

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By: james huggins https://barelyablog.com/debt-commission-dross/comment-page-1/#comment-13342 Wed, 17 Nov 2010 13:48:18 +0000 http://barelyablog.com/?p=31202#comment-13342 Steve, numbers 1 and 4 sound interesting. 2 and 3, I’m not so sure.
As the Sundance Kid said to Butch Cassiday in the movie: “Just keep on thinking Butch. That’s what you do best”.

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By: Michael Scott https://barelyablog.com/debt-commission-dross/comment-page-1/#comment-13340 Wed, 17 Nov 2010 08:44:53 +0000 http://barelyablog.com/?p=31202#comment-13340 Sunday’s Face the Nation with Rand Paul…via the CBS News YouTube channel:

http://www.youtube.com/watch?&gl=CA&client=mv-google&hl=en&v=oDBcMqASja0&fulldescription=1&nomobile=1

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By: Steve Hogan https://barelyablog.com/debt-commission-dross/comment-page-1/#comment-13339 Wed, 17 Nov 2010 06:11:26 +0000 http://barelyablog.com/?p=31202#comment-13339 Sorry, James. If we follow your path and proceed with caution, we’ll simply go bankrupt at a slower rate. Here’s a simple plan that will never get adopted due to lack of political will:

1. Default on the debt. Not through inflation, which will only wipe out the poor and middle class. I’m talking about an honest default. Don’t pay. Bondholders get stuck, but they shouldn’t have lent in the first place. No one will want to lend to us again, and that’s a good thing. It’ll force Congress to make choices they so far refuse to make.

2. Take a meat cleaver to the Pentagon budget. End the empire. Bring the troops home. Demobilize. No wars, coups, torture, occupations, or drone strikes, which means less blowback. We might even get onto an airplane without being fondled by strangers!

3. Repeal all legal tender laws. When people can use whatever they want as money, FRNs will become a distant memory.

4. Abolish all cabinet departments other than War (not defense), Treasury, Justice, and State…and if people get a taste of freedom, maybe they’ll want to get rid of these as well.

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By: Jack Ely https://barelyablog.com/debt-commission-dross/comment-page-1/#comment-13337 Wed, 17 Nov 2010 05:16:27 +0000 http://barelyablog.com/?p=31202#comment-13337 I recently read about a scientific study that said being cynical can take years off your life. At age 61 I don’t want too many years taken off my life.

So I resolved to decrease my cynicism but when it comes to congress reducing cutting ANYTHING AT ALL I must confess that I really don’t think I will be successful.

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By: james huggins https://barelyablog.com/debt-commission-dross/comment-page-1/#comment-13335 Tue, 16 Nov 2010 22:27:27 +0000 http://barelyablog.com/?p=31202#comment-13335 We’ve got more than enough taxes. We need to cut spending. Treat defense spending with caution. Trim waste, of course, but don’t leave us with dangerous gaps like we have now. Trim back the bloated civil service. Start trimming back entitlements. Repeal Obamacare right off the bat. Get serious about tort reform and universal availability of health insurance. Cut taxes and excess regulations so businesses can breathe and start hiring people. Start weeding out the “inside the beltway” elites, of both parties. All that just to start. Now, all of you are yawning and saying so what. When is Huggins going to come up with something new and brilliant? That’s the point. We don’t need to do anything complicated. These same old remedies will go along way toward getting this country back on a paying basis. Some simple solutions from a simple mind.

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