Bush's tax cut didn't go far enough! I owed income tax, and that pizzly $300 went to the government, too, reducing the amount of money I owed.
But, just who do you think owns the debt of which you speak? If you'll have a look, you'll find out it's people who own U.S. Treasury bills and savings bonds. People like you and me.
These people own these bills and bonds as long-term investments "in the full faith and credit of the government of the United States of America." Well, you see, these bills and bonds mature. Any attempt by the government to pay them off early means that the government pays a penalty to the bond-holder. The budget under Boy George pays off those bonds that mature this year, but does not pay off those which do not, and thus does not incur penalties for paying off debt which has not yet matured.
"Bush's budget" (in scare-marks for a reason -- think about it) pays off all the debt that it's practical to pay off. After doing so, there is a projected surplus, only part of which was returned to you and me, and the vast majority of which is being used for yet more fucking wasteful spending.
So, does this seem right to you?
If I had my way, the treasury would stop incurring debt by not selling bonds, if the overriding goal was to get out of debt.
But, that still means that the shitheads in Congress, both Republicrat and Demagogue, need to stop spending more than taxes bring in, to control debt. And, as an added bonus, de-fund and jettison wasteful programs and budget and non-budget items so that our tax dollars, yours and mine, are spent with a little more sanity. Even if it's just a little more sanity, it'd be a good start.
As to hippies wanting their weed to be legal, heheh... do you happen to know what kind of paper the Declaration of Independence and the Constitution are written on? Have a look at this 1938 Popular Mechanics article to see just how badly your government is fucking this country with this War on Drugs.
i don't see any nanorobots or jet engines or laser holography or orbiting death satellites.
i just see some orangutan throwing code-feces at a computer screen.
[ Parent ]