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Budget issues

    • 1416 posts
    1
    August 4, 2011 9:11:39 AM PDT
    Our leaders have missed a golden opportunity to to rein in spending and live within their means. The markets are down since the Federal Budget agreement was announced. I think everyone is disappointed that our politicians didn't get it done. Everyone agrees we can't continue to spend more than we make from individual to our Federal Government. Sacramento and Washington can't get it done.
    What are we, the citizens of the California and the USA, going to do about it? 

    • 362 posts
    2
    August 5, 2011 6:31:40 AM PDT
     I am spending less and saving more. We are pying off our bills without adding new ones. I figure if the individuals of America make them selves stronger then the nation will be stronger.

     I am also voting for the new guy. We all think that our man on the hill is working for us, but they have been in so long that they are part of the system now. We need to send in new people that will fight against the flow and when they tire and start to go with the flow then send we should send in a fresh swimmer.
    • 121 posts
    3
    August 5, 2011 7:07:03 AM PDT
    Hi All, 

    If we the people were in charge, the first item
    on our agenda Should be:

    A constitutional amendment to require a balanced budget.  In
    addition, our representatives should  not only
    lose their pay ,but be penalized a hefty sum
    for everyday past the deadline. Its time they
    felt the fallout from their decisions.

    Since when should an elected official be paid
    a retirement?? And a special healthcare program?
    They can pay for it out of their own pockets just
    like I do!



    Michael Paul
    Smartsville








     
    • 121 posts
    4
    August 5, 2011 7:14:41 AM PDT

    One more important question that needs to be
    answered...........Why are we borrowing
    money and increasing our deficit to give the
    money away to other countries?

     

    • 2036 posts
    5
    August 5, 2011 8:58:39 PM PDT
    Standard & Poors just solved our borrowing into further debt problem maybe by dropping the USA credit rating from AAA to AA+, the first time in History they have done this and it happened on Barack Obama's Watch. What say Ye?
    • 362 posts
    6
    August 6, 2011 7:23:09 AM PDT
    Some times a poor credit score could be the best thing for you. Just like unanswered prayers.
  • 7
    August 6, 2011 2:57:18 PM PDT
    Rex - This is one thing you and I agree on, this did happen on Obama's watch, unfortunately he stills blames Bush even though he has now been President for 2 1/2 plus years.  I don't have high hopes but perhaps upthechain is correct, maybe this will make the Government take notice.
    • 272 posts
    8
    August 7, 2011 7:26:54 AM PDT
    I'm not sure it would have made a difference to our financial problems no matter who was elected. Whoever got to that oval office inherited a giant can of worms that wall street created. Right now does it really make any difference what our credit rating is since we are supporting opium lords, corrupt politicians (in our own country as well), and sending billion dollar welfare checks out to the world and have the nerve to call it foreign aid?  Our biggest problem isn't owed money but elected offficials who act for special interests, add a million or two on any bill for their consituents to study what color flower butterflies prefer and believe they are serving their country. To flush the toliet and start with an entire new congress just can't be done. Did you know that more than 60% of congress are multi-millionaires and they are the ones someone is asking to raise the taxes for? Come on get real.   Is there an answer............yes move to another country and let America then support you