What Would Fiscal Austerity Look Like In The U.S.?

[bryanedwards56]

cool clip thanks for sharing ..

[enlightened58]

Money is a controlled illusion backed by nothing and controlled by only 2 percent of the population...;) Does anyone really believe that their is a crisis concerning a piece of paper that only a few who print it are allowed to have. Some say follow the money trail to see what's really going on in the world. And I agree with many here simply cut military spending in half in America would wipe out our national debt which consumes more than 50 percent of our energy or money..

[tom6612]

We need big tax increases on the rich.

If they don't like it they can leave. If they need help packing I'll be glad to help them out.

[ODDNOMAD]

george carlin already predicted all this crap. like him i have given up on my species. we are all concerned with materialistic things and as long as there has been the rich and powerful there are the little peasant peons. WE ARE THE PEONS!

[r3s3t063]

some of the best viewer responses on a show that i've seen ---- period. easily.

[leeroynaggins]

US still has a long way to go and a lot of resources to tap into.

Taxes on the upper brackets can go back up to where they were in the 80s...

The Military budget could be cut by 5%...

Whoah... debt problem SOLVED!!!

go fucking figure

[MrTabby5000]

@leeroynaggins

YES roll back the reagan tax cuts.

[leeroynaggins]

Exactly, the super wealthy had their chance to create jobs, invest in new industries, etc.

Instead they increased the gap more than ever by

-speculating with the extra cash

-lowering wages

-outsourcing

-perma-temping workers.

The American worker is more productive than ever, yet does not share in the gains.

All while the owner class used tax breaks and infrastructure to enrich itself.

It's simply time to balance the scales again....!

[nuumskee]

Jack is wrong he hasnt researched the emergency bill at all. They wanted 2 pay 4 the emergency bill by getting rid of the Hedge fund tax loop hole. The Republicans wanted to eliminate the estate tax which is retarded and doesnt address paying 4 the bill it just future lowers the tax revenue at a time when revenues r already at an all time low & the estate tax only deals with .3% of the entire country DAMN they have crazy loop holes already & they want 2 give them more & make u work like a slave!

[brewerscrew]

@nuumskee I think if your willing to conceede that we "they" should be able to tax "us" (they decide how much of our labor we keep) then it's an easy transition to think of it as any masters owning any other slave. You offer incintives to your slaves to be more productive. We're tax livestock and the real estate tax is just the farmer rewarding the biggest milking cow. It doesn't make it right, but it puts things in perspective.

[Navywxman]

This is what the political right has been openly working toward for decades. They often referred to it as "defunding the left." Meaning run up massive debt by massive redistribution to the wealthy and then when it gets ugly say there has to be cuts in social services and programs. This has been their objective to rollback origress of the past century ie. social security, jobless benefits, medicare/medicaid etc. Meanwhile they keep the money flowing to the wealthy

[MiracleMile90]

@Navywxman: Yep. It's so sad how the extreme right gets aroused by stealing from the poor and giving it all to the rich, at least the ultra-rich.

[jmjfanss]

@MiracleMile90

Fuck the left/right paradigm.

[mcap52]

It looks like Obama will make sure his unions will be taken care of, 50 billion more to spend on liberal voters. Nothing like buying votes.

[dude12nothin]

Venus project.

[dontblockmedk]

Money property system is ROOT problem.

1. people need food, water, energy, medicine, etc.

2. money systems require scarcity, so they will never create abundance of 1

3. sharing ALL resources and knowledge keeps small groups from controlling everyone

4. we have the resources and technology to provide EVERYTHING for the world now

5. automating the production distribution, frees up humanity to no longer be wage slaves to governments or corporations.

v=YxPPnCW6sMo

v=yPmHaTirnCc

[stretch34318]

I get happy every time I hear of gov't layoffs, decreased revenue and budget cuts. These news casters act so sad at the thought of it, its exciting to me. Of course I never hear of budget cuts and gov't layoffs at the federal level. I say we get rid of the federal gov't all together. With the technological advances we've made, collective communication amongst the states is instantaneous, why even have DC. It's nothing more than a place for lobbiest to steal our money.

[noneckjo3]

Cut Military spending in half. That would help.

[AdmiralConservative]

@noneckjo3 While I agree that we shouldn't have over 700 bases in 130 countries, military spending measured against GDP is roughly 2%. The real problem is entitlements... We need to get people off of the government tit... This cradle to grave entitlement expectation is not sustainable.  Entitlements are over 50% of GDP... TIme for people to accept personal responsibility and take care of themselves.

[Smarterthanyouarable]

@AdmiralConservative Are you going to return all the money that these people have paid in FICA taxes all there lives with interest? It can't be done. It is not the people who are expecting SS to be there for them fault that all the money was looted from the account to keep from raising taxes on everyone else.

[chillwill120]

@AdmiralConservative 50% of GDP? Where are you getting these numbers?

[waltermh111]

@AdmiralConservative Nope, the problem is definitely military. DO your research instead of assuming things based on emotion.

This gov tit line is bull that sounds great but is blind.

[TheMobocracy]

@AdmiralConservative 50% of GDP is over 7 trillion. The total government budget isn't even 7 trillion. Military spending is roughly 4% - 7% of GDP depending on weather or not you count military benefits a.k.a. welfare programs.

[chillwill120]

@noneckjo3 Maybe even more than half.

[TheMobocracy]

@noneckjo3 you'd still be over 1 tillion the the hole per year.

[gggreggg]

@noneckjo3 i agree with you about cutting military spending, but, dont forget that sometimes the military has said that it doesnt want this or that program, but congress votes for it anyway because of the jobs that it would or is providing in their area.

[digitalSensei]

lol....we have potholes that require visa's to travel through FTW!

[Jai666666666]

Well, no mention of those 10 million homeless, but I can assure you that when the number rises to 30 million, you may just have to give them their own soap. The term, media whore keeps coming up, just how much do they make to just pretend that 10 million of their relatives no longer exist? What kind of sick people operate like that? We can't afford them, so lets pretend they don't exist, that's sick. And nuclear testing in the Pacific did give those thousands of monsters, pay up!

[treon123456]

REVOLUTION! hahaha....you bet its gonna more and more possible...vvait til the sleeping upper middle class sheep losses all its savings to the uber rich...the ppl are gonna try to get thier hands on the banker class.....and the rockefeller class vvill release the 'real svvine flu' to control the ppl vvhen they really revolt...and then its ARMAGEDON! I d love to see the ELITES (rockefellers/rothschilds/bush­es/cheneys/obamas all those zionist neocons)pay like king louie and marie antoinette!

[swankrecords]

legalize and tax it. let's get greedy for a good cause.

[InTheEndIWasRight]

Statism is dead

[waltermh111]

@InTheEndIWasRight @InTheEndIWasRight statism is human nature and things will rebound.

You can dream all you want.

What happens is one gov topples, debt is lost, and a new one rises.

Its like when a business fails and the IP is sold off. SO that IP which cost billions to create is sold for millions.

No system that uses interest can be sustained because costs continue to rise forever, and that makes it look like profit is going forever also, but obviously that isnt the case.

[InTheEndIWasRight]

Let the good times roll

[sx200ser]

and this was the very reason for a progressive tax system, to make it not an incentive to be the richest man or woman in the world, to tax the shit out of the wealthy and most well off. how many times must we do this in history, make the incentive to live well but not crazy, or you create kings and monarchs, and the poor are slaves. money is an unnatural resource but one that can buy any other which equals power, but we don't set limitations on how much anymore

[mspookie]

I call bullshit.

[luisnitro91]

@mspookie You not been paying attention bud, Alex Jones have been saying this for quite some time already, but no! A/J is a fear monger a crazy man pack with lies, but at the end look whose was right. I bet you hate Alex jones.

Still don't believe? just give it time you'll see more of this coming to you.

[BeantownJim]

Welcome Back Jimmy Carter and the goodtime guys!