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The Water Cooler
General Discussion
Is a Downgrade of US Credit Inevitable?
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<blockquote data-quote="Dale00" data-source="post: 1584053" data-attributes="member: 688"><p>Who are "they"? ("They should start with the waste and fraud...") </p><p></p><p>As I think about the mess we are in, "they" cannot be trusted to do the job. The bureaucrats and politicians will only kick the can down the road. It is not in their selfish interest to make real cuts or eliminate fraud. Doing so loses power for the bureaucrat by shrinking the size of his kingdom and loses votes for the politician by taking away his power to buy votes and political contributions through "free" govt. programs and pork.</p><p></p><p>With a growing entitlement mentality spreading through our country, more and more mindless voters want bigger government. I believe that forty two percent of our earnings already goes to government taxes. We have conservative politicians who bemoan waste and point out specific wasteful grants and programs but it is just window dressing to impress their conservative base. </p><p></p><p>Abandon all hope that "they" will suddenly get their heads on straight and eliminate waste and fraud. It is time for emergency surgery in which "We the people" insist that specific government agencies be sharply cut or eliminated.</p><p></p><p>For starters:</p><p>Department of Energy - established to eliminate our dependence on foreign oil and has failed</p><p>Department of Education - give power back to local schools and teachers to set educational goals</p><p>Internal Revenue Service - eliminate it with the Fair Tax and provide a real stimulus to the economy</p><p>Environmental Protection Agency - working to reduce your carbon footprint etc. through forced regulation</p></blockquote><p></p>
[QUOTE="Dale00, post: 1584053, member: 688"] Who are "they"? ("They should start with the waste and fraud...") As I think about the mess we are in, "they" cannot be trusted to do the job. The bureaucrats and politicians will only kick the can down the road. It is not in their selfish interest to make real cuts or eliminate fraud. Doing so loses power for the bureaucrat by shrinking the size of his kingdom and loses votes for the politician by taking away his power to buy votes and political contributions through "free" govt. programs and pork. With a growing entitlement mentality spreading through our country, more and more mindless voters want bigger government. I believe that forty two percent of our earnings already goes to government taxes. We have conservative politicians who bemoan waste and point out specific wasteful grants and programs but it is just window dressing to impress their conservative base. Abandon all hope that "they" will suddenly get their heads on straight and eliminate waste and fraud. It is time for emergency surgery in which "We the people" insist that specific government agencies be sharply cut or eliminated. For starters: Department of Energy - established to eliminate our dependence on foreign oil and has failed Department of Education - give power back to local schools and teachers to set educational goals Internal Revenue Service - eliminate it with the Fair Tax and provide a real stimulus to the economy Environmental Protection Agency - working to reduce your carbon footprint etc. through forced regulation [/QUOTE]
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Is a Downgrade of US Credit Inevitable?
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