[Rhodes22-list] Politics- reply to Rummy on Steve's Comments

[Steve]

Wally
Research, educate yourself.  You are totally wrong.  
Steve


--- Wally Buck <tnrhodey at hotmail.com> wrote:

> Ed,
> 
> I will not attack what you say; what you don't
> understand is we don't agree 
> with what you say. You think people that don't agree
> with you are naive. 
> Some of your posts contains historical facts. Some
> of your posts contain 
> errors. Other parts of your posts are your opinion.
> 
> Yes 911 was aninstand drainon the economy. However
> the biggest drain has 
> been the war with Iraq. Some of us think attacking
> Iraq was a mistake. Fact 
> - Our leaders now freely admit we attacked Iraq
> based on bad intel but it 
> was the right thing to do anyway. How can this not
> bother you? We have 
> attacked Iraq and killed how many of thousands all
> because we didn't take 
> the time to better confirm the sources.
> 
> It seems to me the people for this war are the naive
> ones. Didn't you learn 
> anything from Viet Nam? Our leades will lie to us
> when they think it is the 
> right thing to do. History has shown this. So who is
> naive?
> 
> Wally
> 
> 
> 
> 
> 
> 
> >From: "ed kroposki" <ekroposki at charter.net>
> >Reply-To: The Rhodes 22 mail list
> <rhodes22-list at rhodes22.org>
> >To: "'The Rhodes 22 mail list'"
> <rhodes22-list at rhodes22.org>
> >Subject: RE: [Rhodes22-list] Politics- reply to
> Rummy on Steve's Comments
> >Date: Wed, 24 Nov 2004 13:47:22 -0500
> >
> >Mr. Rummy:
> >	The U. S. economy is not a television set.  When
> changes are made to
> >tax laws it sometimes takes years for the full
> effect to be realized.  Then
> >there are events that seriously affect the economy
> that have nothing to do
> >with tax policy.  Add to that what is called the
> 'business cycle', which is
> >something that happens, like shit.
> >	Reagan asked Congress for and finally got income
> tax cuts.  Some
> >called this 'Voodoo' economics.  However, what
> happened is that it put more
> >dollars into spenders' hands.  What occurred next
> is called the 'multiplier
> >effect'.  That is when the spenders spent their
> first dollars; the
> >recipients in turn spent additional new dollars
> received from the first.
> >This happened many times over.  The net result was
> increased spending over
> >the next few years.  The increased spending meant
> that more tax dollars 
> >were
> >collected resulting in a lower Federal debt or
> assumed surplus during the
> >Clinton years.  Clinton had no major events that
> occurred resulting in his
> >needing to request more money from Congress, so the
> appearance of him
> >leaving an almost balanced budget.
> >	Low and behold, two events occurred that changed
> the situation.
> >First, the tech bubble and second 9-11.  The tech
> bubble problems were
> >occurring during the last 18 months of the Clinton
> 2nd term.  The 
> >evaluation
> >of stock plummeted down.  In truth, the stock and
> companies involved were
> >over valued, and when one fell, it had a domino
> effect.
> >	911 occurred after Clinton left office during the
> down sliding
> >business cycle exacerbated by the tech stock bust. 
> 911 can only truly be
> >analogized to 'Pearl Harbor'.  The anti war
> sentimentist would have waited
> >for the next attack.  However, Bush appreciated the
> nature of his enemy and
> >retaliated.  He next continued his aggressive
> policy by attacking another
> >troublemaker.
> >	These actions costs lots of money, plain and
> simple.  They have
> >resulted in an increased national debt.  To stop
> the downward business
> >cycle, Bush asked for a tax decrease.  That is put
> more dollars into
> >circulation, which in the end increases tax
> collections.  At first, a tax
> >cut increases debt because it initially looses
> revenue.  However, once the
> >dollars from the tax cut are in the hands of
> spenders, they will eventually
> >result in increased tax collections because more
> people use the dollars.
> >Simply put the people spend those dollars.  Ask
> Stan if he sold more boat
> >since the Bush tax cut or the year before the tax
> cut (I do not expect him
> >to publicly admit such).
> >	The above is what Steve is trying to say in his
> acerbic manner,
> >which you people attack rather than try to
> understand.
> >
> >Ed K
> >Greenville, SC, USA
> >
> >-----Original Message-----
> >From: rhodes22-list-bounces at rhodes22.org
> >[mailto:rhodes22-list-bounces at rhodes22.org] On
> Behalf Of
> >R22RumRunner at aol.com
> >Sent: Wednesday, November 24, 2004 1:02 PM
> >To: rhodes22-list at rhodes22.org
> >Subject: Re: [Rhodes22-list] Jesusland.
> >
> >Steve,
> >Please correct me if I'm wrong, but as I remember
> history, when Clinton
> >Gore
> >took over, the country had a huge deficit and
> national debt. It took 8
> >years
> >to get this country back on an even keel and we
> actually had a surplus  
> >when
> >
> >W took over. Seems to me that he destroyed in less
> than four years what
> >this
> >country had gained in the previous eight.
> >Saying that a national debt is a good thing is just
> like the credit card
> >company's trying to send me more cards.
> >
> >Rummy
> >__________________________________________________
> >Use Rhodes22-list at rhodes22.org, Help?
> www.rhodes22.org/list
> >
> >
> >__________________________________________________
> >Use Rhodes22-list at rhodes22.org, Help?
> www.rhodes22.org/list
> 
> 
> __________________________________________________
> Use Rhodes22-list at rhodes22.org, Help?
> www.rhodes22.org/list
> 



		
__________________________________ 
Do you Yahoo!? 
Read only the mail you want - Yahoo! Mail SpamGuard. 
http://promotions.yahoo.com/new_mail