usmarine
Banned
+2,785|7065

ghettoperson wrote:

S3v3N wrote:

I agree with all but 10, The Army, Navy and Army need to have an audit and need to down sized.  The Marine Corps is fine, just need better equipment.
I'm sure people in all the other services would try to make the same argument for themselves.
they cant.  numbers and money speak for itself
Turquoise
O Canada
+1,596|6708|North Carolina

Lotta_Drool wrote:

#12  Allowing private citizens from other countries to control the US economy and treasury notes is a bad idea.  The private banking system is a bad Idea. 

The US government should primarily be funded by interest payment.  New money (the creation of new wealth backing US dollars) should be controlled by the US government.  The only thing backing the US dollar right now is Loan Papers that people have signed for the banks and those aren't being honored by people and this is crashing the US dollar/monetary system.  THE US MUST have control of this so it can regulate who and why they are pumping more dollars into the US economy and what backs it and the interest earned on the US treasury backing that loan should go to the US tax payers government and not the central banks.  I pay $1500/month in interest payment only, it should go to my government and not filter back up to the central bank because ultimately the US government will have to back my loans if I default on it because they have to print the money or the economy collapses.
I see where you're coming from, but I think a commodity based currency would be better than one purely supported by the government's intervention.  What you're talking about is pretty close to a command/control economy.  The Soviet Union proved that didn't work.

Still, I would agree with you that the current system is falling apart.  I don't think that's the result of the private sector as much as it is the result of the government's connection to the central banks.

Again, if our major banks had no governmental powers and no unifying quasi-governmental institution like the Fed Reserve, then our banking would operate in a truly free market system.  That's what we've needed for a long time now.

About the only intervention I see as necessary is the FDIC.  Things like setting reserve requirements wouldn't require a Fed Reserve either.
Macbeth
Banned
+2,444|5889

Only one I'm going to bother arguing against.

5. No. You raise tariff on other countries, they'll in turn raise tariffs on you. Before you know all hells going to break loose.

Countries will fight to gobble up other countries and areas resources so that they have what they need to make what they need in their country.

Tech advancement will be slowed down as nations wouldn't be able to get other countries tech at reasonable prices and be able to improve it.

Immigration into the United States would explode. On the Southern U.S. border, trade between the two countries will falter, creating a region of even greater poverty then it is now.

Thinking about it further, if you're American this isn't going to help you. The United States doesn't have the huge amount of resources it once had. We need the flow of cheap martial into the country. If everyone raised their taxes on each other the U.S. will get fucked big time for it.
Kmar
Truth is my Bitch
+5,695|6904|132 and Bush

CameronPoe wrote:

Kmarion wrote:

Don't we have number 6 in place?

I'm all for 11 though.
Yay! So are we!

"The Government has taken the difficult decision to reduce the total budget provided for Ireland's Overseas Development Assistance in 2009 from €891million to €796 million."
To steal a line from Jon Stewart... "Why not rebuild this country? .. here's an idea. I (the US) have weapons of mass destruction. Invade me"
Xbone Stormsurgezz
Lotta_Drool
Spit
+350|6486|Ireland

Reciprocity wrote:

federal income tax should be eliminated and replaced with sales tax.  we're a consumer economy, tax what's consumed.
Sales Tax only would mean that someone who is poor and has to spend 100% of their earnings to survive is paying the maximum tax rate while someone like bill gates who is able to get by on 2 million a year would pay zero taxes on the other 47 million he made that year.

You need a balance of all taxes and they must be simplified.  If the US took back control of its dollar by competing with private banks it could run the government off money collected on interest alone, but I would suggest something like a flat 5% sales and income tax.  don't have a clue what would actually be needed to balance budget, just know the average person, bussiness and corporation probably pay 5x in interest money compared to taxes.  Yet somehow the banks didn't have enough money to survive the first time property values went flat, not even the government is that fucked up.
ghettoperson
Member
+1,943|6952

usmarine wrote:

ghettoperson wrote:

S3v3N wrote:

I agree with all but 10, The Army, Navy and Army need to have an audit and need to down sized.  The Marine Corps is fine, just need better equipment.
I'm sure people in all the other services would try to make the same argument for themselves.
they cant.  numbers and money speak for itself
What happened to Marines make do, anyway? You're getting soft in your old age.
Lotta_Drool
Spit
+350|6486|Ireland
Marines, lol, fuck the navy won't even claim them anymore.

Army gets shit done, Marines excel due to low expectations by the public.

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