Alan Simpson Calls GOP Refusal To Raise Revenue ‘Absolute Bullshit’

[Mr. Shaman]

Bottom line, Democrats have to be willing to shrink government and cut programs. Just raising taxes will not solve any of our problems. I will blame the Democrats if we default on our debt.

Aw, jeez.....another Teabaggin' History Major.....

 

[Mr. Shaman]

Here's an endurance-test for Teabaggers (the supposed "adults")....an actual point-of-reference, for a change.....

*

[ame=http://www.youtube.com/watch?v=eUE8ZECXaqY]YouTube - ‪Senator Alan Simpson Part 1‬‏[/ame]
*
[ame=http://www.youtube.com/watch?v=xGhak3k_hZI]YouTube - ‪Senator Alan Simpson Part 2‬‏[/ame]
*
[ame=http://www.youtube.com/watch?v=xBEJCYSCri0]YouTube - ‪Senator Alan Simpson Q & A‬‏[/ame]​

 

[editec]

There's almost no point trying to have a serious discussion of issues with some partisans.

Those types have absolutely no interest in discussing issues.

They're mostly here to cast aspirsions on anyone who disagrees with their party line.

They are faithbased idiots or worse, cynical tools for the masters of BOTH parties.

 

[BenNatuf]

Bottom line, Democrats have to be willing to shrink government and cut programs. Just raising taxes will not solve any of our problems. I will blame the Democrats if we default on our debt.

Aw, jeez.....another Teabaggin' History Major.....

odd, when you look at who actually controls the purse strings you get a different picture



National Debt by Congress and Political Party

 

[Toddsterpatriot]

Fmr. GOP Sen. Alan Simpson Calls Republican Refusal To Raise Revenue ‘Absolute Bullshit’

Former GOP Sen. Alan Simpson blasted his intransigent GOP colleagues on the Hill today for failing to reach a deal on the deficit. The blunt-talking co-chairman of President Obama’s bipartisan fiscal reform commission slammed Republicans for kowtowing to Americans for Tax Reform head Grover Norquist (“Republicans can’t be in thrall to him”) and pushed Treasury Secretary Tim Geithner to stand fast on the August 2 deadline.

Surveying the lay of the current fiscal land, Simpson said, “We’re at 15 percent revenue, and historically it’s been closer to 20 percent.”

He added, “We’ve never had a war without a tax, and now we’ve got two. … Absolute bullshit.”

More

Well just how does Allen propose that we're going to get 14.3 TRILLION dollars in red ink now with another 64 TRILLION in unfunded liabiities--by simply raising taxes?

Currently 18,000 babyboomers are entering social security/medicare DAILY and this will continue for the next 15 YEARS. Resulting in $534,000 per household owed to the federal government to pay this tab.

View attachment 13985

1 billion dollars $100.00 bills stacked on pallets.

View attachment 13986

1 trillion dollars $100.00 bills stacked on pallets. NOTE: How small the man is in this chart.

Currently the Federal Government is borrowing .43 cents on every dollar it spends--and this moron wants to raise the credit card limit--so they can BORROW and SPEND more money.

Now for you liberals--when you can figure out who you're going to tax the crap out of to get 74 of the trillion dollar chart--let us know--which class you'll be picking on.

Half the battle is won by ending the Bush tax cuts:

In addition, Burman said, extending the top Bush-era tax rates — which would deny the Treasury an estimated $679.6 billion over 10 years, deepening the federal debt — could help push up interest rates. That might "have a very deleterious effect on investment and hiring decisions of all businesses, including entrepreneurs," Burman said.


Read more: Would ending Bush tax cuts hurt small businesses? | McClatchy

And as for Social Security


Social Security Media Watch Project

$679.6 billion over 10 years is half the battle? That won't even cover half of the deficit this year. LOL!

 

[Toddsterpatriot]

We've tried the Democrat's way of new taxes now and cuts later (that never happen).
Let's try to cut now for 5 or 6 years and then we'll think about tax hikes.

Hence the push to pass both in the same piece of legislation.

BTw... I missed it.... where were these "new taxes Now". Obama kept the Bush tax cuts in effect... So once again... you're fucking liars.

The new taxes now were during Reagan's first term and in the budget deal of 1990.
Democrats promised $3 in spending cuts for every $1 in tax hikes. Sound familiar?
After the tax increases took place, the lying Dems never followed thru with the spending cuts.


[ame=http://www.youtube.com/watch?v=SHhrZgojY1Q]YouTube - ‪The Who - Won't Get Fooled Again‬‏[/ame]

 

[CrusaderFrank]

The only spending the American Marxists Party wants to cut is the defense budget, the one spending actually authorized under the Constitution.

 

[saveliberty]

I wonder how the left justifies the lack of concern over the deficit? Clearly all that interest on the debt could help millions of people and support many programs, if only we didn't have such a high debt. Every individual has to live within their means or go bankrupt. Nations are no different. It seems hateful to the poor and middle class to burden them with a future filled with huge interest payments and few services. What type of cruel person would wish that on others, particularly those who never received any of the services?

 

[saveliberty]

By the way, this is Obama's fault at this point. He alone has raised the debt to new heights with his refusal to end two wars and start another. Submitting bloated budgets and then signing them into law with massive pork barrel attachments.

 

[Liability]

"It is "absolute bullshit" on both sides.
The republicans for refusing to look at revenue increases at all.
The democrats for refusing to touch bloated entitlements."

Only a moron who listens to only Rush and Fox wouldn't know that Dems have cut entitlements. Corporate media also suck, actually- just controversy for ratings...Like unions in Wis. who gave up benifits, check Cuomo's budget in NY- but not ideologue BS like pubs have...

Nonsense.

It is the ready-resort to pretending taht we don't HAVE a massive debt problem that permits the schmucks in Congress to perpetually RAISE the debt ceiling" in such a cavalier fashion time and time and time again. Eventually that kind of ignorant, immature, fundamentally dishonest behavior catches up with a society. There is only ONE way to stop it.

Put the brakes on. STOP pretending that we have addressed the problem by artificially "raising" our own debt limit. It's killing us. It will eventually finish us off.

STOP it.

If you want the fucking useless lumps of crap in Congress to stop spending so much fucking money and to stop taxing us out of our ability to even be competitive, then you have to START by not allowing them to give themselves a larger 'credit limit" on the national credit card every time they have to confront a tough choice.

If you don't prevent them from doing, they WILL always do it. And if they keep doing it (as we now see) we end up in a major crisis.

BREAK the cycle. DENY them that bullshit "tool."

 

[edthecynic]

We've tried the Democrat's way of new taxes now and cuts later (that never happen).
Let's try to cut now for 5 or 6 years and then we'll think about tax hikes.

What planet are you from? What the fuck do you call Reagan's "Trickle Down Economics" program that we have been on that has largely put us in this mess?

.

Reagan's tax cuts were the best pro-growth strategy in the last 80 years.
When Reagan went along with Tip O'Neill's tax hike, in exchange for spending cuts, the spending cuts never materialized.
Bush I made the same mistake when he raised taxes in 1990.
We're not going to raise taxes now in return for phantom, future cuts.
Cuts now, cuts often and maybe in 5 or 6 years, we'll entertain the idea of tax hikes. Maybe.

That, of course, is nothing but CON$ervative revisionism and an out and out lie. Reagan's own budget director David Stockman said Congress lived up to its end of the bargain but the administration didn't because Reagan would not agree to cuts to Star Wars, etc. And the tax increases came from the GOP controlled Senate who added them to the TEFRA bill without sending the bill back to the Dem run House for a vote.

So it was St Ronnie who welshed on the spending cuts and the GOP Senate who raised taxes!!!!!

 

[Toddsterpatriot]

What planet are you from? What the fuck do you call Reagan's "Trickle Down Economics" program that we have been on that has largely put us in this mess?

.

Reagan's tax cuts were the best pro-growth strategy in the last 80 years.
When Reagan went along with Tip O'Neill's tax hike, in exchange for spending cuts, the spending cuts never materialized.
Bush I made the same mistake when he raised taxes in 1990.
We're not going to raise taxes now in return for phantom, future cuts.
Cuts now, cuts often and maybe in 5 or 6 years, we'll entertain the idea of tax hikes. Maybe.

That, of course, is nothing but CON$ervative revisionism and an out and out lie. Reagan's own budget director David Stockman said Congress lived up to its end of the bargain but the administration didn't because Reagan would not agree to cuts to Star Wars, etc. And the tax increases came from the GOP controlled Senate who added them to the TEFRA bill without sending the bill back to the Dem run House for a vote.

So it was St Ronnie who welshed on the spending cuts and the GOP Senate who raised taxes!!!!!

Congress came up with budgets that reduced spending?
Perhaps you'd share a link that shows those budgets?
Thanks in advance!

 

[edthecynic]

Hence the push to pass both in the same piece of legislation.

BTw... I missed it.... where were these "new taxes Now". Obama kept the Bush tax cuts in effect... So once again... you're fucking liars.

The new taxes now were during Reagan's first term and in the budget deal of 1990.
Democrats promised $3 in spending cuts for every $1 in tax hikes. Sound familiar?
After the tax increases took place, the lying Dems never followed thru with the spending cuts.


[ame="http://www.youtube.com/watch?v=SHhrZgojY1Q"]YouTube - ‪The Who - Won't Get Fooled Again‬‏[/ame]

Another FOOL parroting the same GOP lie. It was Reagan who would not agree to spending cuts because they cut military spending on things like his Star Wars project. And it was the GOP Senate who raised taxes bypassing the Dem House. The GOP tax maneuver actually ended up in the Supreme Court who upheld the GOP Senate tax increase.

 

[edthecynic]

Reagan's tax cuts were the best pro-growth strategy in the last 80 years.
When Reagan went along with Tip O'Neill's tax hike, in exchange for spending cuts, the spending cuts never materialized.
Bush I made the same mistake when he raised taxes in 1990.
We're not going to raise taxes now in return for phantom, future cuts.
Cuts now, cuts often and maybe in 5 or 6 years, we'll entertain the idea of tax hikes. Maybe.

That, of course, is nothing but CON$ervative revisionism and an out and out lie. Reagan's own budget director David Stockman said Congress lived up to its end of the bargain but the administration didn't because Reagan would not agree to cuts to Star Wars, etc. And the tax increases came from the GOP controlled Senate who added them to the TEFRA bill without sending the bill back to the Dem run House for a vote.

So it was St Ronnie who welshed on the spending cuts and the GOP Senate who raised taxes!!!!!

Congress came up with budgets that reduced spending?
Perhaps you'd share a link that shows those budgets?
Thanks in advance!

From the Supreme Court case that upheld the GOP Senate's tax increase without a vote from the House:

759 F2d 1378 Armstrong v. Untied States | OpenJurist

The bill that eventually became TEFRA was introduced in the House of Representatives, and in its original version, it would have reduced total tax revenues by a billion dollars between 1982 and 1986. See H.R.Rep. No. 404, 97th Cong., 1st Sess. 38-41 (1981). However, the Senate replaced the entire text of the House bill except for its enacting clause, H.Conf.Rep. No. 760, 97th Cong., 2d Sess. 409 (1982), reprinted in 1982 U.S.Code Cong. & Ad.News 781, 1190

http://articles.latimes.com/1986-08-13/news/mn-17680_1_star-wars

House Votes to Cut 'Star Wars' Funds : Slashes Reagan's $5.3-Billion Request by $2 Billion, Supports SALT II Curbs

August 13, 1986|SARA FRITZ | Times Staff Writer
The Democratic-controlled House, expressing a strong desire for deficit reduction and arms control, voted Tuesday night to slash President Reagan's funding request for the "Star Wars" missile defense system to $3.1 billion and force him to abide by the unratified 1979 strategic arms limitation treaty.
By a vote of 239 to 176, the House approved a "Star Wars" proposal by Rep. Charles E. Bennett (D-Fla.) that would allow for a 3.5% increase over current funding for research on the space-based nuclear defense, known officially as the Strategic Defense Initiative. The President had asked Congress for a 73% increase to $5.3 billion.

 

[Trajan]

What planet are you from? What the fuck do you call Reagan's "Trickle Down Economics" program that we have been on that has largely put us in this mess?

.

Reagan's tax cuts were the best pro-growth strategy in the last 80 years.
When Reagan went along with Tip O'Neill's tax hike, in exchange for spending cuts, the spending cuts never materialized.
Bush I made the same mistake when he raised taxes in 1990.
We're not going to raise taxes now in return for phantom, future cuts.
Cuts now, cuts often and maybe in 5 or 6 years, we'll entertain the idea of tax hikes. Maybe.

That, of course, is nothing but CON$ervative revisionism and an out and out lie. Reagan's own budget director David Stockman said Congress lived up to its end of the bargain but the administration didn't because Reagan would not agree to cuts to Star Wars, etc. And the tax increases came from the GOP controlled Senate who added them to the TEFRA bill without sending the bill back to the Dem run House for a vote.

So it was St Ronnie who welshed on the spending cuts and the GOP Senate who raised taxes!!!!!

you are as always the master of mischaracterization, some of the 'tax cuts' he repealed had not yet taken effect, you have mangled stockman's quote, dropping the the qualifier in that statement...Stockman, David A., "The Triumph of Politics: Why the Reagan Revolution Failed" (Harper and Row, 1986), pp. 368-369.



and not all "taxs are equal" as taxpayers still received substantial cuts overall.....

but you go ahead and slide along the surface....

I also find it curious that folks how have a rabid hatred of a rep of stockmans 'ilk' ( to defraud [Collins & Aikman]'s investors, banks and creditors by manipulating C&A's reported revenues and earnings") are so quick to quote him ( even if minus context).

 

[iamwhatiseem]

But America is already "feeling it." We can't continue to kick the can down the road hoping things will somehow improve in Washington. It's funny when you talk of 'diehard ideologues' because that's how many Americans view those who believe as you do. We'll just have to agree to disagree. We'll both call each other 'diehard ideologues' and leave it at that.

We did it in Canada. Canada in the mid 90s was in worse shape than America is now. We also did in my home province, where the bonds were rated junk and couldn't be purchased by the capitol city's pension fund. We did it mainly by cutting spending but we also raised taxes. It occurred when the nation realized that we couldn't continue as we were going, when ALL parties realized that they had to give.

We shouldn't do it now. We should wait until the economy is on sounder footing. But remember, Ronald Reagan raised taxes. George HW Bush raised taxes. Bill Clinton raised taxes. Tax revenues were all higher and the economy was fine. Most of the adjustment should come through spending cuts but taxes must rise. This problem will NOT get solved when a significant portion of the population is saying "Me! Me! Me! Listen to me! And only to me!"

Unfortunately, right now Americans believe that they can continue to have it all and not pay for it. This problem will get resolved when the average American gets it. They don't right now.

Maybe we need another Ross Perot, a guy who has no chance of winning but can articulate the issue and force the political parties to solve the problem.

Here! Here!
Amen Toro.
The Republicans and the Democrats have painted themselves into corners with absolutes. Each can only do what needs done if they are willing to go back on their word.
Republicans will have to admit that it won't be Armageddon if wealthy Americas receive increases in luxury taxes etc.
Democrats will have to admit that spending cuts will not kill innocent blind kittens and little old ladies.

And as Americans, we must remove the blinders of our biases and realize that both parties have fallen into deep corruption and BOTH parties no longer represents us nor our best interest.

 

[saveliberty]

Bottom line, Democrats have to be willing to shrink government and cut programs. Just raising taxes will not solve any of our problems. I will blame the Democrats if we default on our debt.

Aw, jeez.....another Teabaggin' History Major.....

I notice you conveniently left Mr. Obama off your chart.

 

[JakeStarkey]

Fmr. GOP Sen. Alan Simpson Calls Republican Refusal To Raise Revenue ‘Absolute Bullshit’

Former GOP Sen. Alan Simpson blasted his intransigent GOP colleagues on the Hill today for failing to reach a deal on the deficit. The blunt-talking co-chairman of President Obama’s bipartisan fiscal reform commission slammed Republicans for kowtowing to Americans for Tax Reform head Grover Norquist (“Republicans can’t be in thrall to him”) and pushed Treasury Secretary Tim Geithner to stand fast on the August 2 deadline.

Surveying the lay of the current fiscal land, Simpson said, “We’re at 15 percent revenue, and historically it’s been closer to 20 percent.”

He added, “We’ve never had a war without a tax, and now we’ve got two. … Absolute bullshit.”

More

The Dems have to cut and shrink government, the Pubs have to give up the rich.

That is how the people see it, and so far the GOP is held hostage by the corporate fascists, and the GOP will pay a horrible price for it.

 

[iamwhatiseem]

Fmr. GOP Sen. Alan Simpson Calls Republican Refusal To Raise Revenue ‘Absolute Bullshit’

Former GOP Sen. Alan Simpson blasted his intransigent GOP colleagues on the Hill today for failing to reach a deal on the deficit. The blunt-talking co-chairman of President Obama’s bipartisan fiscal reform commission slammed Republicans for kowtowing to Americans for Tax Reform head Grover Norquist (“Republicans can’t be in thrall to him”) and pushed Treasury Secretary Tim Geithner to stand fast on the August 2 deadline.

Surveying the lay of the current fiscal land, Simpson said, “We’re at 15 percent revenue, and historically it’s been closer to 20 percent.”

He added, “We’ve never had a war without a tax, and now we’ve got two. … Absolute bullshit.”

More

The Dems have to cut and shrink government, the Pubs have to give up the rich.

That is how the people see it, and so far the GOP is held hostage by the corporate fascists, and the GOP will pay a horrible price for it.

Whatever kid...is this really what you believe?
ONLY the Republicans are held hostage by corporations?
Dream on.

 

[taichiliberal]

Fmr. GOP Sen. Alan Simpson Calls Republican Refusal To Raise Revenue ‘Absolute Bullshit’

Former GOP Sen. Alan Simpson blasted his intransigent GOP colleagues on the Hill today for failing to reach a deal on the deficit. The blunt-talking co-chairman of President Obama’s bipartisan fiscal reform commission slammed Republicans for kowtowing to Americans for Tax Reform head Grover Norquist (“Republicans can’t be in thrall to him”) and pushed Treasury Secretary Tim Geithner to stand fast on the August 2 deadline.

Surveying the lay of the current fiscal land, Simpson said, “We’re at 15 percent revenue, and historically it’s been closer to 20 percent.”

He added, “We’ve never had a war without a tax, and now we’ve got two. … Absolute bullshit.”

More

Bottom line: the Shrub engaged us in TWO wars without a way to pay for them...and did NOT include the cost of those wars in the budget.

The Shrub put forth a perscription plan that was virtually written by insurance companies and pharamceutical companies, but did NOT have a way to pay for it.

The Shrub gave tax breaks to the wealthy on the premise that they would create jobs that would eclipse the lost revenue to the nation's budget. To date, no massive job creations and a 2 year extension on a tax cut that originally was slated to END (sunset, as it were).

The Shrub RAISED the debt ceiling NUMEROUS times.....thus making the GOP and it's parrots and pundits hypocrits.

Good on ya, Simpson!

You know it must be very difficult for you to move forward when you're continually looking out your rear view mirror?

Sorry to inform you Oreo, but the actions and policies by the Shrub & company from 2000 to 2008 did not magically disappear the moment Obama was sworn in 2 years ago....they EFFECT what's going on today, as it's always been throughout our political history. So please refrain from parroting that lame neocon excuse.

The point is we are in a real financial crisis today--and it's not because of the tax cuts during the Bush era-which has amounted to 2.3 trillion--while we're at 14.3 trillion in red ink--with another oncoming train wreck of 64 trillion in unfunded liabilites--with babyboomers now entering social security/medicare.

I notice how you strategically left out the cost of invading/occupying Iraq, the continuing war in Afghanistan that started under the Shrub, and the Shrub's prescription drug plan....all "off the books", all financial disasters that Obama inherited and subsequently DID PUT ON THE BOOKS. When you add THAT to your calculations, Oreo, you'll get a true measure of what's happening NOW as to the projected crisis that the neocons all swear is coming despite contrary information from the CBC and the GAO.

There isn't enough wealth in this entire country to pay this tab. And to raise taxes right now--would only put the final nail in this economy's coffin.

View attachment 13987

If we follow your incorrect calculations and buy into the neocon GOP's idiocy of "stay the course", you'd be right. But as I pointed out previously, you and other neocon GOP supporters just continually leave out what you don't like or doesn't fit your mantras.