tag:blogger.com,1999:blog-3684624409103387727.post6911563640163722296..comments2024-02-17T15:52:32.444-08:00Comments on Wolf Tracks: My Response to MarkShy Wolfhttp://www.blogger.com/profile/12708293970831678927noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-3684624409103387727.post-21990357888860466092008-11-03T12:24:00.000-08:002008-11-03T12:24:00.000-08:00Thanks for comments, Folks.Mark- read your site, n...Thanks for comments, Folks.<BR/>Mark- read your site, not a whole bunch I disagree with, still- I'm votin McCain, regardless: I do believe he'll be better Constitutionally for the nearer future than Obama would ever be.<BR/>So far as spreading the wealth to the business sector- Obama's going to take care of that: he'll wipe out anything he doesn't agree with or which offends him one way or another. Soooo...keep the Faith, Mark, bless God, God bless. Thanks for voting.<BR/>ShyShy Wolfhttps://www.blogger.com/profile/12708293970831678927noreply@blogger.comtag:blogger.com,1999:blog-3684624409103387727.post-50668930072021110402008-11-03T05:57:00.000-08:002008-11-03T05:57:00.000-08:00ShyWolf-I appreciate your thoughtful and reasoned ...ShyWolf-<BR/><BR/>I appreciate your thoughtful and reasoned response to my comments. Politeness is too frequently missing from discussions these days.<BR/><BR/>I'm a guy that tries to deal with facts and numbers. That's not to disparage whatever data, research or websites that you look at.<BR/><BR/>Two things I'd like to point out to you to give you a larger perspective, some context, for my views-<BR/>1. I do believe that the middle class is under attack. Republicans are proud of their trickle-down economics. By definition trickle-down economics is just that. You give the 1% at the top the breaks and hope that it trickles down to the middle and lower rungs of the ladder. It doesn't work. More and more people are losing their jobs, more people are hungry and homeless, the economy is contracting, the $ is shrinking, the separation between rich and poor is expanding and wages have been stagnant for decades. This isn't an accident. What we see going on across the economies of the world is a direct result of Republican policies. The social contract has been breached. Once the social contract is broken anything can happen. I think we recognize this and that's why we prepare.<BR/><BR/>2. I see a great fear sweeping some political circles these days about Obama instituting socialism. When I worked with auditors I learned this rule called the Rule of Materiality ("ROM"). You know what the ROM is, you pay attention to the big stuff, not the little stuff.<BR/><BR/>The children's health care bill that Republicans killed was $35 Billion, the FY09 request for the Dept. of Education is $59 Billion, the FY09 request for the Dept. of Energy is $25 Billion, for Veterans Affairs is $45 Billion and for the Dept. of Transportation is $11.5 Billion.<BR/>http://www.whitehouse.gov/omb/budget/fy2009/pdf/budget/tables.pdf<BR/><BR/>Now let's compare these budget requests to the spending in the past two months by the Federal Reserve and the Treasury. The Republican's administration (Paulson, Bernanke and Bush) has spent nearly $2 TRILLION of our money, of our kids, kids, kids money. And there is no end in sight.<BR/><BR/>This huge amount of borrowing is being used to bailout private businesses, insurance companies and stock holders. This is the worst kind of socialism. This is a transfer of wealth from the working class to the investing class. At the same time, the purchasing power of wages is being squeezed because of the expansion of the money supply.<BR/><BR/>I haven't even addressed the $3 Billion spent every week on Iraq and Afghanistan and transferred to the war profiteering corporations (and their stockholders) through no bid contracts.<BR/><BR/>So I hear talk of socialism, but If Obama was to win the presidency and double the welfare budget, double aid to families with dependent children, invent some kind of national health care and put everyone on it and double the federal budget for student loans it still wouldn't even come close to 1/4 of what the Republican administration has given away to bankers, stockholders and corporations. You get that everyone in the country could get health insurance for years for less than has been given by Republicans to the bankers.<BR/><BR/>So at least in my eyes, Republicans are practicing the worst kind of socialism by transferring money from earners to investors, and on a much greater scale, then Obama could ever dream of.<BR/><BR/>Please visit my blog-<BR/>http://hotdogjam.wordpress.com/<BR/><BR/>Also, Shy I know that you are naturally curious, when you have a minute please visit http://www.whitehouse.gov/omb/budget/fy2009/pdf/hist.pdf. This site lists of the the US presidents' budgets going back a couple hundred years. You will find that Democratic presidents spend less then Republicans. That's the fact.Abrahamhttps://www.blogger.com/profile/12513079813372231906noreply@blogger.comtag:blogger.com,1999:blog-3684624409103387727.post-23288266094156317062008-11-01T09:04:00.001-07:002008-11-01T09:04:00.001-07:00Excellent post shy!Excellent post shy!scoutinlifehttps://www.blogger.com/profile/01287406485832209715noreply@blogger.comtag:blogger.com,1999:blog-3684624409103387727.post-85362749163391345922008-11-01T09:04:00.000-07:002008-11-01T09:04:00.000-07:00Excellent post shy!Excellent post shy!scoutinlifehttps://www.blogger.com/profile/01287406485832209715noreply@blogger.comtag:blogger.com,1999:blog-3684624409103387727.post-10946407955434027162008-10-31T23:43:00.000-07:002008-10-31T23:43:00.000-07:00can't be said any better than that, shy....irishdu...can't be said any better than that, shy.<BR/>...irishdutchuncleAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3684624409103387727.post-38823176343666269512008-10-31T16:00:00.000-07:002008-10-31T16:00:00.000-07:00Good post Shy. We've all been hoodwinked....Good post Shy. We've all been hoodwinked....Mayberryhttps://www.blogger.com/profile/07664966137470121099noreply@blogger.com