Greenspan Says McCain Tax Cuts Bad Idea

Discussion in 'News / Current Events' started by Crabtownboy, Sep 14, 2008.

  1. Crabtownboy

    Crabtownboy
    Expand Collapse
    Well-Known Member

    Joined:
    Feb 12, 2008
    Messages:
    16,657
    Likes Received:
    158
    http://news.aol.com/elections/artic...a/121591?icid=200100397x1209314344x1200526409
     
  2. Salty

    Salty
    Expand Collapse
    20,000 Posts Club
    Moderator

    Joined:
    Apr 8, 2003
    Messages:
    22,131
    Likes Received:
    221
    Greenspan has the right answer:
    "Unless we cut spending, no," the former Federal Reserve chairman said Friday when asked about McCain's proposed tax cuts, pegged in some estimates at $3.3 trillion.
    *****************
    Everything goes to the chopping block that is not a Constitutional Federal requirement.
     
  3. Revmitchell

    Revmitchell
    Expand Collapse
    Well-Known Member

    Joined:
    Feb 18, 2006
    Messages:
    38,383
    Likes Received:
    790

    And we should start with entitlement programs.
     
  4. Salty

    Salty
    Expand Collapse
    20,000 Posts Club
    Moderator

    Joined:
    Apr 8, 2003
    Messages:
    22,131
    Likes Received:
    221
    What about Faith based initiatives?
     
  5. Revmitchell

    Revmitchell
    Expand Collapse
    Well-Known Member

    Joined:
    Feb 18, 2006
    Messages:
    38,383
    Likes Received:
    790

    All programs should go through the state. It makes no sense to take money from the states only to send it back to the states but with less money than went out and ungodly rules attached to it.
     
  6. LeBuick

    LeBuick
    Expand Collapse
    New Member

    Joined:
    Jun 8, 2006
    Messages:
    11,537
    Likes Received:
    0
    Are you saying we should reduce Federal tax and raise State tax?
     
  7. Revmitchell

    Revmitchell
    Expand Collapse
    Well-Known Member

    Joined:
    Feb 18, 2006
    Messages:
    38,383
    Likes Received:
    790

    NO.Why would you think so?
     
  8. billwald

    billwald
    Expand Collapse
    Banned

    Joined:
    Jun 28, 2000
    Messages:
    11,414
    Likes Received:
    0
    YES! eliminate the federal income tax and let the states collect at the local level. The worst result of the national tax is the voters in each state think that the money they get from the feds is being ripped off from people in other states. Why should the people in Texas pay for bridges in Oregon?
     
  9. LeBuick

    LeBuick
    Expand Collapse
    New Member

    Joined:
    Jun 8, 2006
    Messages:
    11,537
    Likes Received:
    0
    So you advocate cutting the programs all together.

    1Co 13:1 Though I speak with the tongues of men and of angels, and have not charity, I am become as sounding brass, or a tinkling cymbal.
     
  10. Revmitchell

    Revmitchell
    Expand Collapse
    Well-Known Member

    Joined:
    Feb 18, 2006
    Messages:
    38,383
    Likes Received:
    790
    I wonder if you know what that word "charity" actually means since you are quoting the KJV. It doesn't make your point to be sure. And as you know I am against wealth redistribution. The government is a poor way to handle life.
     
  11. LeBuick

    LeBuick
    Expand Collapse
    New Member

    Joined:
    Jun 8, 2006
    Messages:
    11,537
    Likes Received:
    0
    Love and Charity are interchangeable. They are so closely tied together they have the same meaning and KJV chose charity. Inserting Love doesn't change the meaning of this verse.
     
  12. Revmitchell

    Revmitchell
    Expand Collapse
    Well-Known Member

    Joined:
    Feb 18, 2006
    Messages:
    38,383
    Likes Received:
    790
    But it changes the context.
     

Share This Page

Loading...